News Topics
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December 26, 2022
Peloton to offer refurbished bikes at discounted prices
Peloton Interactive Inc (PTON.O) is offering refurbished bikes across the continental U.S. and Canada at a discount of up to $500 over new bikes, the company said on Monday. The program, called Peloton Certified Refurbished, will provide models priced at $1,145 and $1,995 with the same 12 month warranty provided...
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December 23, 2022
Professional Triathletes Organization Raises $30 Million in Series B
The Professional Triathletes Organisation (PTO) has completed a $30 million Series B funding round led by Divergent Investments, a Luxemburg-based private equity fund. Majority investors in the round included the Welsh billionaire Sir Michael Moritz and Warner Bros. Discovery, which in July, signed an exclusive multiyear partnership with the PTO to broadcast live and on-demand coverage...
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December 22, 2022
Men set to compete in Olympic artistic swimming for first time at Paris 2024
Men will now be eligible to compete in the team event, which features eight athletes on each team. The new rules will permit a maximum of two men to feature on each squad at the Games, with ten teams expected to take part in Paris. ITG
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December 22, 2022
Netflix to Stream Nike Training Club Video Workouts Starting Dec. 30
More than 30 hours of Nike training sessions will be released on Netflix, beginning with five training programs this month with other workouts being added throughout 2023. A dozen Nike trainers will lead the workouts, including Joe Holder, Kirsty Godso and Betina Gozo. Netflix’s more than 223 million worldwide members...
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December 21, 2022
A High Schooler’s AI-Infused Running App: Fast and Fit
Joshua Joseph, a 17-year-old senior at Foothill High School in Pleasanton, California, stands out is he has developed an app called Fast and Fit that helps runners improve in two distinct ways. Letsrun
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December 21, 2022
New Balance Just Dropped Gingerbread-Inspired Sneakers for Christmas
New Balance’s basketball division is getting into the holiday spirit with its latest footwear release. The Boston-based sportswear brand announced on Instagram yesterday that it just launched the Christmas-themed New Balance Two Wxy V3 “Gingerbread” sneaker is now available in the US. FN
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December 21, 2022
Does Running Have a Drinking Problem?
A growing body of research says that no amount of alcohol is good for our fitness and health. It’s time to rethink our relationship with booze. The running culture—which is otherwise populated by protein-shake-drinking, heart-rate-tracking, health-obsessed fitness nuts—is enmeshed with drinking, and is as much a part of the fabric...
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December 20, 2022
Nike, Inc. Fiscal Q2 Results Beat Street Expectations; Inventories Up 43 Percent
Nike, Inc. reported fiscal 2023 second quarter revenues were $13.3 billion for the three-month period ended November 30, up 17 percent compared to the prior-year comparable period and up 27 percent on a currency-neutral basis. Overall revenues for the Nike Brand were $12.7 billion, up 18 percent on a reported...
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December 20, 2022
Meta CEO Mark Zuckerberg snubs fitness as key to metaverse growth
Meta chief executive Mark Zuckerberg told a federal court Tuesday that he does not consider fitness apps to be key to his plan to build out the metaverse. Asked by his lawyers during a court hearing if the prospect of Meta not having its own virtual reality fitness app kept...
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December 20, 2022
London Marathon Events takes over Brighton Marathon
London Marathon Events, organisers of the London Marathon, will take over the Brighton Marathon. The company has stepped into save the event after Grounded Events Company Limited, the former owners and operators of the Brighton Marathon, went into administration. Yahoo Finance
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