Peloton's Business Is as Busted as Its Bike Seats

Gizmodo

The company behind everyone’s favorite pandemic purchase, the Peloton, is facing subscriber and financial backlash. Subscribers are pausing their memberships with the cycling tech amidst a recall over bicycle seats. And now the company has to answer to Wall Street.

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Peloton recalls more than 2 million of its original $1,400 bikes after reports that the seat posts can break, causing lacerations and bruises

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Peloton Bike smart stationary bike
Peloton is recalling the original Peloton bike.

Peloton

Peloton owners in Australia will have loans forgiven from Affirm as the lender exits the country

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Max Levchin
Affirm co-founder Max Levchin. The company is forgiving all loans on Peloton products in Australia.

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A former Twitter engineer says it took 20 interviews to find a new job after getting laid off by Elon Musk

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The Twitter logo is seen on a mobile device in this illustration photo in Warsaw, Poland on 30 October, 2022.
Elon Musk has laid off thousands of staff since buying Twitter late last year.

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Chase Sapphire Reserve and Preferred cardholders can earn up to 10x points on Peloton purchases for a limited time

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Peloton instructor Leanne Hainsby, 35, said she was diagnosed with breast cancer after a doctor told her not to worry about a lump in her breast

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a woman performing a breast cancer self exam
Breast cancer is most common in women older than 50, but screenings in younger women can help with early detection.

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