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Peloton stationary bikes for sale at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty ImagesPeloton is recalling its original Bike+ after receiving reports that the seat post broke and detached from the equipment during use, leading to two injuries, the Consumer Product Safety Commission said in a news release Thursday. The recall impacts 833,000 units, touching every original Bike+ the company sold that was manufactured between 2019 and 2022. The bikes were sold between January 2020 and April 2025 but Peloton stopped manufacturing them in 2022. The recall comes after Peloton received…
WHY IT RATES: The industry veteran brings more than three decades of invaluable experience to her new role, including 11 years with Direct Travel.—Patrick Clarke, TravelPulse Senior EditorDirect Travel, Inc., a market leader in global corporate travel management, today announced the promotion of Christine Sikes to chief operating officer (COO). In her new role, Sikes will be responsible for execution of service, delivering efficiency at scale, and helping to drive profitable growth through company transformation initiatives. As a mission driven leader, she will lead core operational functions with a mandate to simplify, scale and lead.”Christine has been instrumental in advancing our…
Tinder is looking to AI to revitalize its dating app, which has now reported nine straight quarters of paying subscriber declines, as of the third quarter this year. The dating app maker, Match Group, told investors on Tuesday’s earnings call that Tinder is testing a feature called Chemistry that will get to know users through questions and, with permission, will access Camera Roll photos on users’ phones to learn more about their interests and personality. The feature is already being piloted in New Zealand and Australia and will be a “major pillar of Tinder’s upcoming 2026 product experience,” said Match…
The Target bullseye logo is seen on the outside of its store at the Lycoming Crossing Shopping Center. Paul Weaver | Lightrocket | Getty ImagesCustomers used to hold up Target as an example of how to run large, yet sparkling stores.Yet in recent years, shopper complaints about sloppier aisles, longer checkout lines, locked-up merchandise and out-of-stock items have dogged the Minneapolis-based retailer, contributing to sagging sales.To help fix that, Target is making a move that may seem counterintuitive: It’s shaking up its online strategy. The move is a response to Target’s unique strategy of fulfilling the vast majority of its…
For years, Australians have been been installing solar panels at a rapid clip. Now that investment is paying off. The Australian government announced this week that electricity customers in three states will get free electricity for up to three hours per day starting in July 2026. Solar power has boomed in Australia in recent years. Rooftop solar installations cost about $840 (U.S.) per kilowatt of capacity before rebates, about a third of what U.S. households pay. As a result, more than one in three Australian homes have solar panels on their roof. “Now we’re at the level where we can…
While driving to a new restaurant, your car’s satellite navigation system tracks your location and guides you to the destination. Onboard cameras constantly track your face and eye movements. When another car veers into your path, forcing you to slam on the brakes, sensors are assisting and recording. Waiting at a stoplight, the car notices when you unbuckle your seat belt to grab your sunglasses in the backseat. Modern cars are computers on wheels that are becoming increasingly connected, enabling innovative new features that make driving safer and more convenient. But these systems are also collecting reams of data on…
More travelers than ever are using their mobile devices and biometric technology during each step of the air travel journey, according to a new survey.A global passenger survey from the International Air Transport Association (IATA) shows that 78 percent of passengers want to use a smartphone to book and pay for flights, as well as to navigate airport checkpoints. Among the preferred uses for smartphones in air travel, 19 percent of passengers said they prefer using airline mobile apps for booking a flight, 28 percent said they use a digital wallet for paying for travel, and 35 percent said they use a…
After Zohran Mamdani clinched the New York City mayoral race on Tuesday night, his campaign announced former FTC chair Lina Khan will be one of the transition team’s four co-chairs. Khan has been an ally of Mamdani’s, praising him in a New York Times op-ed about his outreach to small business owners. But her appointment to a formal role on his transition team sends a message to Wall Street and the tech industry, whose most powerful players have already been critical of Mamdani, a Democratic socialist who ruffled the feathers of the tech elite by criticizing billionaires and proposing a…
Eli Lilly Biotechnology Center is shown in San Diego, California, March 1, 2023.Mike Blake | ReutersEli Lilly on Thursday said it will start late-stage trials on its experimental amylin obesity drug next month after it showed encouraging results in a mid-stage study.The highest dose of the weekly injection, called eloralintide, helped patients with obesity or who are overweight lose 20.1% of their body weight on average at 48 weeks. The results support the pharmaceutical giant’s efforts to bring next-generation treatments to the blockbuster weight loss drug market, and solidify its dominance in the segment. The data bolsters Eli Lilly’s chances of…
On an earnings call on Tuesday, Pinterest CEO Bill Ready highlighted the promise of open source AI models in helping the company keep its costs down as it expands the use cases for visual AI. The image pinboarding site, which often serves as consumers’ first step in their shopping journey, leverages AI technology to power a variety of features, including its personalized recommendations, a multimodal search experience that combines text and images, ad targeting, and, most recently, product discovery with the launch of its AI-powered Pinterest Assistant. However, investors wanted to know what Pinterest’s opportunity in agentic commerce — AI…