The connected fitness company is in hot water over injuries and a death related to its Tread+ treadmill.
Dish Network and its Sling TV division have sued Peloton, Lululemon and Icon Health & Fitness for infringing patents.
SoftBank is set to invest more than $100 million in Tempo. The funding will help Tempo tcompete in the $16.4 billion home fitness market.
Motosumo, a Denmark-based fit-tech startup, received a $6 million Series A round of funding this week, led by Magenta Partners.
Peloton and Verzuz are teaming up to offer competitive playlists from top artists through Peloton’s machines and apps.
Peloton’s recent acquisitions are growing the company even more – it’s bought Aiqudo, Atlas Wearables and Otari in just the last few months.
Peloton’s CEO said its production capacity grew 700% over the last year and that supply is finally close to meeting demand.
Adidas has teamed up with connected fitness brand Peloton to create an athletic apparel line and classes to celebrate the launch.
Adidas released its Q4 earnings with an operating profit drop of 8%. The company also announced a partnership with Peloton.
Tonal is setting up shop in 40 Nordstrom stores across 20 states — adding to its 16 brick-and-mortar locations.
