Nick Statt of Cnet has a scoop: He’s reporting that Nike is laying off most of the people on its team responsible for the FuelBand fitness tracker. Instead of making its own hardware, the company will focus on fitness-related software henceforth. It’s impossible to hear this news without bringing up the fact that Apple CEO Tim Cook is on Nike’s board and wondering whether it relates in any way to any plans Apple might have in the smart watch/fitness category.