(Bloomberg) — Peloton Interactive Inc. tumbled Friday after delivering a disappointing sales outlook, the latest setback in a year marked by product recalls and waning consumer interest. The at-home fitness company disclosed other unwelcome news in its earnings report late Thursday, including that it’s cutting the price of its most popular bike, a move aimed at broadening its customer base but one that will also hurt its bottom line this year. Peloton also said it found a problem with the… Source link

A month has gone by since the last earnings report for Yandex (YNDX Quick QuoteYNDX – Free Report) . Shares have added about 2.1% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Yandex due for a pullback? Before we dive into how investors and analysts have reacted as of late, let’s take a quick look at its most recent earnings report in order to get a better handle on the… Source link

Yesterday marked the release of Google’s $449 Pixel 5A with 5G, and the company has just released a two-minute video that celebrates one of the phone’s very best hardware features. No, it’s not the new IP67 dust and water resistance. It’s not the larger screen or the biggest battery in a Pixel yet. It’s all about the headphone jack, or “the circle” as this very Jony Ive-esque spot constantly refers to it. Google is truly getting out there with its YouTube advertising, and… Source link

CNN —   After spending a few days with the Google Pixel Buds A, we were genuinely shocked to find out that they’re only $99. These true wireless earbuds hold their own against the pricier AirPods and Galaxy Buds 2 in terms of sound quality and comfort, and pack some seriously useful Google Assistant tricks for folks with Android phones. They also look pretty neat. So what’s the catch? The Buds A are pretty… Source link

Federal Reserve Chairman Jerome Powell said Friday that the U.S. economic recovery appears to be making progress, but warned that the central bank needs to be careful not to tighten its policy before enough Americans can return to work. “Today, with substantial slack remaining in the labor market and the pandemic continuing, such a mistake could be particularly harmful,” said Powell in remarks delivered at the central bank’s Jackson Hole Economic Symposium. Powell’s warning hints at a… Source link

Google just launched two new home security gadgets: a video doorbell (called the Nest Doorbell with battery) and an

Here’s what you need to know about Google One VPN. Sopa Images/Getty Images Google’s mobile virtual private network… Source link

While Google continues to come under scrutiny from those preaching the privacy gospel, there’s one area where the technology titan deserves to be applauded: security. Earlier this year, Google announced it would suddenly flip the security switch on millions of Gmail accounts, a switch that will now also be toggled for two million YouTube creators. Just as gaining access to a Gmail account is good news for bad actors, so is taking control of well-monetized YouTube channels with high… Source link

A PayDepot Bitcoin ATM machine is pictured in a shop in Union City, New Jersey, US. Photo: Reuters Cryptocurrencies were broadly higher on Friday but bitcoin remains below the $50,000 (£36,462) mark amid mining difficulties. Bitcoin (BTC-USD) hit a three-month high above $50,000 on Monday. It was up 0.7% on Friday morning but was trading at $47,271. Ethereum (ETH-USD), the second biggest crypto by market cap, ticked up 0.8% to trade at $3,114. Forbes reported that “mining difficulty”, a score… Source link

Yandex.Market wants to grow its fashion category from one percent to 20 percent of total GMV. Shutterstock Although Yandex backed out of a deal to buy fashion e-tailer KupiVip in July, the tech giant hasn’t given up on the fashion segment, announcing earlier this week at its Yandex Fashion Day conference that its own Yandex.Market platform would be doubling down on fashion category… Source link