Google and Fitbit – level 2
Fitbit is a company that makes wearable technology that you can wear to track your fitness or exercise. Google and Fitbit made a deal for Google to acquire Fitbit. Google says that Fitbit is worth about $2.1 billion.
The deal helps both companies because both of them are struggling with wearable technology. For Google, Apple and Samsung are the leaders of the technology, and for Fitbit, other companies have more money to spend.
Fitbit said that it is going to keep its health and fitness data private, and it is not going to use its data for Google ads.
Difficult words: track (to measure, to follow), acquire (to gain, to add), struggle (to do something difficult).
You can watch the original video in the Level 3 section.
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