Peloton Will Slash Jobs and Raise Prices in Turnaround Effort
The maker of fitness bikes, once a pandemic darling, said it would reduce its retail footprint and end its last-mile delivery network in a cost-cutting strategy. https://nyti.ms/3QCcBrv
Robert Tymofichuk, a teacher in Alberta, Canada, spent nearly 2,000 hours building an operational hovercraft from salvaged car parts and with no blueprint. https://www.nytimes.com/2024/09/21/technology/diy-hovercraft-alberta-canada.html?utm_source=dlvr.it&utm_medium=blogger
The government cited national security concerns in announcing sweeping restrictions on two popular Chinese social media networks, a move that is likely to be met with retaliation. https://nyti.ms/2PywXDP