Peloton has announced it will completely out-source the production of its bikes and treadmills to Taiwanese manufacturer Rexon. The fitness company currently builds some of its hardware in-house, but says out-sourcing will allow it to reduce costs and simplify its supply chain.

Peloton will stop making bikes and treadmills at its factories and outsource all of its manufacturing to an overseas company in a move to cut costs as it continues to stabilize after a pronounced comedown from its pandemic success.

Peloton cofounder John Foley is relinquishing his role as CEO, the company said Tuesday. Foley, who co-founded Peloton in 2012, will become executive chair. Barry McCarthy, formerly CFO of Spotify and Netflix, will replace Foley as CEO. McCarthy will also replace William Lynch as president.

Peloton has just launched a new forearm-worn heart-rate band that will replace the company's current chest-strap monitor. The $90 heart-rate monitor (HRM) uses optical sensors rather than the electrodermal ones found on the chest strap it will soon replace.

Peloton’s Treadmills cost between $2,500 and $4,000. They’ve also injured 70 people and killed one child. Peloton issued a recall on the treadmills after an investigation by the U.S. Consumer Product Safety Commission (CPSC). Those who kept the Tread+ got a nasty shock in their inbox recently: After the treadmill downloaded an update Peloton said was designed to make the device safer, users reported they could no longer run on it without paying Peloton a $39.99 per month subscription fee.

Team Sky is scrambling its lawyers to address a suspected case of data theft in which hackers may have stolen Chris Froome's power data

Italian leaves the Tour de France with full support of his team

Race results and discussion of the stage 3 of the Tour de France

“Examination at the hospital have confirmed what we suspected, that Tom has an impression fracture in his glenohumeral joint,”

“Just left the hospital with a huge disappointment #TDF2015 is over broke some bones on my back again as in spring. #L3/L4right side”

Denken jullie dat er een nederlander de Tour kan winnen?

Team Sky’s annual accounts have just been published. Here’s a look at their budget, spending, wage bill and the behind-the-scenes change in team ownership. 2014 wasn’t a great one for Team Sky. The spring classics season didn’t work out and […]

MPCC agreement keeps Dutchman from starting on home soil