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  • Amazon, Nike, and Other Bidders Are Reportedly Circling Peloton

    Amazon, Nike, and Other Bidders Are Reportedly Circling Peloton

    After enjoying a lockdown-fuelled peak during the pandemic, Peloton is now spinning out of control. Product recalls, plummeting stock prices, a major decline in demand and its bike’s dangerous cameos in not one, but two primetime TV shows have wiped roughly $US40 ($56) billion from its market value in the last year.


  • Microsoft’s Mixed-Reality Dreams Are Fading

    Microsoft’s Mixed-Reality Dreams Are Fading

    One of the most outspoken proponents of the metaverse is struggling to find its place in this hypothetical virtual world. Microsoft has reportedly scrapped plans to make a HoloLens 3 — what would have been a successor to its current mixed reality headset — and infighting within the mixed reality division has fuelled uncertainty about…