Peloton said it will cease all in-house production of its bikes and treadmills. Move manufacturing to partners. The New York-based firm will cut around 570 jobs at its Tonic Fitness Technology unit. Peloton Interactive (PTON.O), a Gym equipment producer said on Tuesday it will stop all in-house creation of its bikes and treadmills and move … Read more
Two people were killed hundreds imprisoned in nationwide rallies over controversial remarks Bulldozer footage of individuals jailed or identified as demonstrators’ residences has gone viral on social media. NEW DELHI: Amnesty International said Tuesday that India must immediately cease a “vicious” assault on Muslims who took to the streets to protest a governing party official’s … Read more
TOKYO: Japan has asked airlines to stop taking new incoming flight bookings over concerns about the Omicron virus variant, the transport ministry said on Wednesday. The announcement came as authorities announced they had detected a second infection with the new strain in an arriving traveler, a day after confirming a first case. “We have asked … Read more
SAN FRANCISCO: Facebook-parent Meta on Tuesday said it will stop letting ads be targeted at users based on “sensitive” topics such as race, religion, sexuality or political party, citing concerns about abuse. The company’s deep knowledge about its users’ interests is prized by advertisers looking to reach a certain audience — and is an engine … Read more
LONDON/RIYADH: Saudi Arabia will not stop producing oil and natural gas. As a matter of fact its national oil company, Saudi Aramco, is pressing ahead with plans to increase its maximum production capacity by another million barrels to hit 13 million barrels/day, Arab News reported. “We know that there will be demand for Saudi oil,” Saudi Energy … Read more
