iFIT, a fitness technology company that rivals Peloton, announced Thursday it was postponing its initial public offering, citing “adverse market conditions.” The company had announced plans to go public just last week. The decision comes amid rising volatility in the stock market, driven by worries about inflation, and uncertainties about Congress’ ability to pass a long term increase in the...
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The Briefing Apple Entertainment
Apple’s Mac Renaissance
For a company as routinely successful as Apple, continued success can get repetitive. Tonight’s earnings call, for instance, was so full of the usual hyperbole about record revenues that Chief Financial Officer Luca Maestri repeated a segment of his commentary without missing a beat. But within the eye-glazing recitations of Apple’s various records—and, for the TV service, its award nominations...
DOJ, State AGs say Epic Games Antitrust Ruling Was Wrong
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