Peloton will halt live production of video-cycling classes at its New York and London studios until April 30, its CEO John Foley wrote in a blog post Monday. The move poses challenges for Peloton, which sells itself on the promise that customers will constantly see new classes added by their favorite cycling and running instructors. Last week, The Verge reported that an employee at the NYC...
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Revenue Soars at Alphabet’s Verily as It Inches Toward Independence

Verily, an Alphabet unit applying data analytics to healthcare, continues to post heavy losses but may be moving closer to gaining independence from Google’s parent company, according to previously undisclosed financial information. Revenue at Verily more than doubled in the first nine months of last year to $470 million from $228 million in the same period of 2021, making it by far the...
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