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

Apple's "clarifications" as part of its settlement will not make much of a difference in the long run for developers or to how the App Store actually works (Chaim Gartenberg/The Verge)

Chaim Gartenberg / The Verge:
Apple's “clarifications” as part of its settlement will not make much of a difference in the long run for developers or to how the App Store actually works  —  Apple isn't changing how the App Store works because Apple doesn't want it to change  —  Apple made waves this week …

Analysis: a record 19 fintech startups in Europe have become unicorns in 2021 so far, bringing the total number of fintech unicorns on the continent to 39 (Gené Teare/Crunchbase News)

Gené Teare / Crunchbase News:
Analysis: a record 19 fintech startups in Europe have become unicorns in 2021 so far, bringing the total number of fintech unicorns on the continent to 39  —  At the start of 2021, Europe had just one decacorn—a startup valued at $10 billion or more—in the fintech sector to speak of …

When Buying Bitcoins, Are We Investing or Merely Speculating?

Cryptocurrency prices are subject to major volatility. But is buying virtual currencies like Bitcoin a good investment or mere speculation? Read on to find out. https://ift.tt/2UXujOs

How to Spot Red Flags in Cryptocurrency Trading and Avoid Them

D-core, a firm of blockchain analysts and researchers has shared their recommendations about investing in cryptocurrencies. Here are some of the red flags and ways to spot them. https://ift.tt/3DB1dWG

EU's data protection supervisor recommends that personal data such as search queries and browsing history should not be used for the assessment of credit scores (Catalin Cimpanu/The Record)

Catalin Cimpanu / The Record:
EU's data protection supervisor recommends that personal data such as search queries and browsing history should not be used for the assessment of credit scores  —  The European Union's lead data protection supervisor has recommended on Thursday that personal data such as search queries …