Saturday, August 28, 2021

Bike price cut, rising costs to hit Peloton's profitability

Peloton Interactive Inc said its near-term profitability would suffer due to a decision to slash the price of its exercise bike and higher commodity and marketing costs. https://ift.tt/3zpQ9Jp

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Spotify co-CEO Alex Norström defends the company's expansion into AI-generated music, arguing that "controlled" products are superior to unregulated AI "slop" (Financial Times)

Financial Times : Spotify co-CEO Alex Norström defends the company's expansion into AI-generated music, arguing that “controlled” prod...