Fitness company Peloton is raising $1 billion in a stock offering, supplementing the company’s cash reserves as it grapples with a sharp slowdown in growth and significant losses in the most recent quarter. Peloton is selling roughly 24 million shares priced at $46 each, a slight discount to where the stock has been trading in the past few days. The news Tuesday morning slightly lifted...
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Creator Economy Summit
Announcing the Creator Economy Summit Masterclasses 2022
We’re excited to see everyone on May 25 at The Information’s second annual Creator Economy Summit. Our masterclass breakout sessions are an important part of the Summit. At this year’s event, we’ll have three sets of 45-minute masterclasses. Here is a preview of this year’s topics. For group ticket information, please email [email protected] 10:15...
European Delivery Startup Gorillas to Cut 300 Employees
Airbnb is Closing its China Business
Zoom Shares Jump After Strong Earnings Report, Forecast
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