Pebble Shuts Down — Fitbit Picks Up The Pieces

In April 2012, three-person startup Pebble Technology sought to raise $100,000 to make the programmable wristwatch. Donors on Kickstarter showered them with more than a hundred times that amount: $10.3 million. (AP / Mary Altaffer) It’s official. Pebble is being swallowed whole by Fitbit. The news circulated last week that the […]

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Supply Chain to CEO: Bali Padda Takes the Helm at Lego

Lego, the iconic and highly profitable Danish toymaker, is the latest business to be headed by an executive rising out of supply chain to the role of CEO. Business press covering the story largely focuses on the departure of current CEO and ex-McKinsey consultant Jorgen Vig Knudstorp, whose 12-year stint […]

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