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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Fitbit

Fitbit unveils high end model to rival Apple Watch

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October 27, 2014, 12:22 PM ET
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This post is in partnership with Time. The article below was originally published at Time.com.

By Dan Kedmey, TIME

Fitness device maker Fitbit unveiled three new watches to monitor health on Monday, including a high-end model that could help the company fend off competition from Apple’s (AAPL) hotly anticipated smart watch.

Fitbit Charge, Fitbit Charge HR and Fitbit Surge all feature LED displays that track the device’s usual health metrics, such as heart rates and footsteps, and will incorporate new features such as automatic sleep detection and incoming calls.

The company has packed the highest end model, the Surge, with eight sensors that continuously monitor health statistics and the wearer’s location to create a comprehensive log of activity throughout the day. Fitbit priced its newest watches from $130 for the Charge to $250 for the Surge, making the most expensive model $100 cheaper than the $349 starting price for an Apple Watch, which is scheduled to launch in early 2015.

Fitbit will not only have to overcome competition from smartphone makers, but also its own bungled rollout of a previous line of wristbands that were recalled last February amid complaints from users about skin rashes.

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