Garmin's stock slipped on Thursday following the company's third quarter earnings report that indicated mixed results across its multiple product areas compared to the previous quarter. According the the report, sales jumped 12 percent but lagged behind the 20 percent revenue boost the company saw in the previous quarter. The third quarter surge resulted in …
Strava has dropped its lawsuit against Garmin, telling a court in Colorado on Tuesday that it is "voluntarily" stepping away from the legal battle it launched 21 days ago alleging patent infringement. In a filing in the U.S. District Court in Colorado, Strava noted that it "voluntarily dismisses the above-captioned action, without prejudice." It puts …
Ahead of a November 1 deadline, Strava will apparently comply with new rules set by Garmin to specific that brand attribution must be credited on an platform that sources Garmin-derived data. In an email circulated by Strava on October 11, any developer using Strava's API on its platforms and apps must allow users to see …
Garmin is facing another legal battle after Suunto filed a lawsuit against the company alleging that five of its patents were infringed upon. In a filing in the U.S. District Court for the Eastern District of Texas on September 22, Suunto claims that Garmin violated patents relating to antenna design, devices measuring respiratory rate, watch …
Strava is accusing Garmin of infringing on a pair of patents relating to segments and heatmaps, according to a federal lawsuit filed in Colorado on Tuesday. The two companies entered an agreement in 2015 to jointly develop Garmin's segments, a concept Strava filed a patent for in 2011 (which it introduced in 2009). Strava claims …
The latest additions to the Forerunner lineup — the 570 and 970 — are both feature rich and packed with updates in a smartwatch roster that has gotten crowded over the years.