New Peloton CEO Barry McCarthy’s first day is not off to a good start. The company, which announced a major leadership shakeup at its Q2 earnings call on Tuesday, held an all-hands meeting meant to welcome McCarthy. Outgoing CEO John Foley was also in attendance. The all-hands was referenced in a blog penned by Foley …
Fired Peloton employees crash new CEO’s first all-hands Leggi altro »
Things are a lot less rosy for Peloton these days. Once a pandemic darling, the connected fitness company has seen its stock price plunge in recent months. TV shows have turned its bike into a deadly punchline, and there’s been no shortage of rumors speculating which company should buy Peloton to save it from impending …
Graphics giant Nvidia will no longer be spending $40 billion to acquire Arm, parent company SoftBank has announced, citing “significant regulatory challenges.” The news was first reported by the Financial Times. Nvidia will be paying $1.25 billion to SoftBank for failing to go through with the transaction, while Arm CEO Simon Segars is stepping down …
Spotify CEO Daniel Ek addressed staff in a late night memo addressing Joe Rogan’s use of the n-word and the mysterious removal of 70 podcast episodes earlier this week. The total number of deleted Joe Rogan Experience episodes is now 113, according to the website jremissing.com. “Not only are some of Joe Rogan’s comments incredibly …
Just after Spotify removed around 70 episodes of Joe Rogan’s podcast without offering an explanation, Rogan posted a video on Instagram apologizing for saying the N-word on his show in the past (via New York Times). In his apology, Rogan specifically addresses a clip compilation, which was shared by singer India Arie, that shows Rogan …
Joe Rogan releases apology video after clips of n-word use and a racist story go viral Leggi altro »
This week’s freezing temperatures and winter storms in Texas led to far fewer power outages than a similar freeze last year. But worryingly, a handful of Texas counties with high rates of power outages also have high numbers of people who need power for medical devices, according to a new analysis by the data group …
Texas power outages hit counties where people need electricity for medical devices Leggi altro »
Amazon is raising the price of Prime in the US to $139 per year, up from the $119 annual fee that was instated four years ago. The price hike is meant to address higher costs Amazon is facing across the board, from shipping to labor to construction, according to analysts. The price change will go …
Amazon Prime’s price is going up to $139 per year Leggi altro »
The Nintendo Switch had a relatively strong holiday quarter, with 10.67 million units shipped between October and December despite the global semiconductor shortage. That brings the system’s lifetime total to 103.54 million units shipped, meaning it took just under five years to overtake the Wii’s 101.63 million. Shipments were still down nearly eight percent year …
Sony shipped just 3.9 million PlayStation 5 consoles in its all-important holiday quarter, a slight bump over the previous quarter’s figure of 3.3 million, demonstrating how the electronics giant is still struggling to meet demand during the ongoing global supply chain crunch. 17.3 million units in total have been shipped as of December 31st, nearly …
Sony just announced its intent to acquire Destiny maker Bungie for $3.6 billion, capping what’s been an absolutely massive month for gaming acquisitions. Take-Two kicked things off with its deal to buy Zynga for $12.7 billion, which at the time may have counted as the biggest deal in the video game industry, but Microsoft significantly …
Big video game companies just can’t stop buying studios Leggi altro »