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Peloton lays off 11 percent of its staff just a few months after launching its AI hardware

Peloton said on Friday that it’s cutting around 11 percent of its staff, mostly impacting “engineers working on technology and enterprise-related efforts,” reports Bloomberg. Last August, Peloton laid off six percent of its workforce and told investors it would continue layoffs globally in 2026, in an attempt to cut at least $100 million of annual […]

AI, Entertainment, Gaming, Google, News, Tech, Tech News

Video game company stock prices dip after Google introduces an AI world-generation tool

The stock prices of some major video game companies, including Take-Two Interactive, Roblox, and Unity, had notable declines on Friday, just a day after Google announced its Project Genie tool that lets users prompt AI to generate interactive experiences, Reuters reports. Take-Two’s stock price closed at $220.30 (down 7.93 percent from yesterday), Roblox’s closed at […]

Deals, Gadgets, Sonos, Speakers, Tech, Tech News, Verge Shopping

Sonos’ Super Bowl sale knocks hundreds off its audio gear

Sonos isn’t exactly synonymous with the Super Bowl, although the brand discounts its gear every year around this time like clockwork. It’s knocking 20 percent off many of its marquee products, including soundbars and standalone speakers — all of which can be paired together to improve sound quality and to put audio in more places […]

Elon Musk, Equity, Exclusive, IPO, Space, SpaceX, spacex ipo, Tech, Tech News, Transportation

SpaceX’s IPO could open the floodgates — and secondaries are booming in the meantime

To unpack what SpaceX’s IPO chatter means, how private liquidity works before a debut, and what investors are looking for in today’s pre-IPO giants, we spoke with Greg Martin, managing director at Rainmaker Securities, a broker-dealer specializing in secondary share transactions for late-stage private companies.

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