Jawbone is Being Liquidated as Its CEO Launches New Health Startup

LOS ANGELES — Jawbone, the once popular fitness tracking and bluetooth speaker company, has exited the business, according to a report in The Information.

Jawbone, once valued at $3 billion, has begun liquidation proceedings, says the report. Co-founder and CEO Hosain Rahman has founded a new company called Jawbone Health Hub that will make health-related hardware and software services.

A representative for Jawbone declined to comment.

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