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Peloton’s product lineup is both getting cheaper and more expensive, Nintendo announces a new retro device and Palantir reveals more about its governance plans. This is your Daily Crunch for September 4, 2020. | | | |
Peloton is preparing to add new products at both ends of its pricing range, according to a report in Bloomberg. Specifically, it’s planning to add an entry-level treadmill that would retail for less than $3,000, as well as a higher-end bike, called the Bike+, which could serve as a centerpiece for a home gym that also supports strength training and other workouts. Meanwhile, Peloton would also drop the price for its existing bike to under $1,900. Altogether, this sounds like a smart way to both lower the price of entry while also creating new products for people who don’t feel safe going to the gym (assuming it’s open at all) during the pandemic. Read more | | Image Credits: Michael Loccisano / Getty Images | | |
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| Image Credits: Nintendo | | |
| Image Credits: David Paul Morris/Bloomberg / Getty Images | | |
| Image Credits: Francesco Carta fotografo / Getty Images | | |
| Image Credits: Spencer Platt / Getty Images | | |
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