sports equipment
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Peloton to Replace CEO as It Goes Full Damage-Control Mode
Peloton will replace its CEO, cut about 2,800 jobs, and revamp its leadership team as the company faces declining demand for its exercise equipment. The layoffs account for around 20% of the corporate workforce but will not affect instructors or content.
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We’re Not Ready for Smart Glasses Yet
After the original Google Glass crashed and burned, consumer smart glasses were put on the back burner for a while. There’s no shortage of reasons why, which makes it a little baffling that in 2021, high-tech glasses have made a mini-comeback. Facebook, Apple, and even Samsung are all rumoured to be working on a pair…