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The Wall Street Journal reported Wednesday that the private equity firm Centerbridge Partners has a tentative deal to buy wireless broadband provider LightSquared out of bankruptcy in a deal worth $3.3 billion. Private-equity firm Centerbridge Partners will buy LightSquared out of a bankruptcy, the Wall Street Journal reported Wednesday afternoon. Citing sources familiar with the matter, the Journal says the tentative deal calls for Centerbridge to pay $3.3 billion for the wireless company, which had planned to build a nationwide wireless broadband network using wireless spectrum that had originally been allocated for satellite use. As part of the deal, the private equity firm will also assume about $1.7 billion in liabilities, the Journal said.

"Google Glass and other wearables like smartwatches are great," he said, "But for wearables, no one size fits all, They each serve different needs, Google Glass is different from a smartwatch."Park said that the smoky mountains - nature photography iphone case new Fitbit Force is not trying to compete with smartwatches, He sees Fitbit's focus on finding different ways in which people may want to wear technology for tracking activity and sleep, such as on a wrist or on a bra, He said that Fitbit also offers products in different price points from affordable to more expensive products to fit different customers' needs..

He said that Fitbit's particular niche is focused on health and wellness. And that is where he expects the company, which earlier this year raised an additional $43 million from venture backers Softbank Capital, Qualcomm Ventures, and SAP Ventures, to continue to focus.Where the company can expand and innovate is in developing better sensor technology and more intelligent software that can do something useful with the data collected. He said the latest round of funding will be used to hire more employees and expand the company's business internationally. Fitbit currently employs about 220 people, most of whom are in San Francisco. The company, which started in 2007, launched its first product in 2009. Initially, the devices could only be bought through Fitbit's Web site. But now the products are available in more than 30,000 stores in 27 countries.

Park said he hopes to keep expanding this presence globally, but that takes money, Park said the company has raised a total of about $66.5 million in just over 6.5 years, But he wishes he had raised more in the beginning, "It's more difficult and more expensive to start a hardware company than to build software and apps," he said, "It takes a long to build products, And we only had $2.8 million in capital to start, which sounds like a lot, but it's not, When you're dealing with hardware, it doesn't leave a lot of room for mistakes."Fitbit now offers five different devices, which range in price from about $60 to $130, The devices monitor and track how many steps users' take and calculates how many calories they smoky mountains - nature photography iphone case burn, They also monitor how much sleep people get a night, Users can then study the data collected in an easy manner, which they can compare and share with others..

The hope is that people will use the information to make healthier choices. Indeed, simply logging activity does motivate many users. For example, Park said that after 12 weeks of using a Fitbit, people tend to increase their activity level by 30 to 40 percent. When they start adding social elements, like sharing data with friends, activity also increases. "Weight Watchers is an analog form of tracking habits," he said. "Logging what you eat and your activity is nothing new. But it motivates us. So we aren't changing behavior with Fitbit, we are adding digital tools to make it easier and so it can be done transparently."Wearable technology startup CEO James Park says during an interview at the LeWeb conference that there is plenty of room for more wearable companies and products in the market.

One size doesn't fit all when it comes to wearable technology, said James Park, CEO and co-founder of fitness tracking wearable technology FitBit, Speaking at the LeWeb conference in Paris on Wednesday, Park said that there is no single killer device in wearable technology, He implied that there is still plenty of room for devices such as Google Glass, Pebble's smartwatch, and its own lasted product, the Fitbit Force, a fitness sensor that doubles as a watch, Be respectful, keep it civil and stay on topic, We delete comments that violate our policy, which we encourage you to read, Discussion threads can be closed smoky mountains - nature photography iphone case at any time at our discretion..

"I'm joining the team to help us go outside China," he said at the LeWeb conference here, Barra's first public appearance since his departure from Google. "I'm trying to find markets and get to them as quickly as possible."He's now running part of a business, not just working in product management. First on his list for expansion is southeast Asia, which is close and logistically easier for a Chinese company, he said. Xiaomi has about 4,000 employees, and Barra described it as a sort of cross between Apple and Google. For software -- the company customizes Android and runs its own app store -- Xiaomi has "small scrappy teams. You move as fast as you can." For hardware, the company designs its own phones but, like Apple, relies on outside manufacturing partners when it's time to build them.

"Apple's supply chain management is the best there smoky mountains - nature photography iphone case is, We're doing very similar things," Barra said, He described China's mobile market as fast-moving and dominated by Chinese-native apps like Weibo, QQ, Alipay, and Wechat, "Every person I know is on Wechat, We don't use phone, instant messaging, or text messaging," he said, "It's refreshing when your entire social life is on one platform."Google's former head of Android product management now is in charge of bringing Android smartphone upstart Xiaomi to new markets, First stop: southeast Asia..

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