Peloton Should Abandon Hardware and Become the Android of Fitness
A Peloton store in Walnut Creek, California.
Photographer: David Paul Morris/BloombergPeloton should abandon the Apple model and get out of the hardware business. Also: Apple debuts its feature to turn iPhones into payment terminals and ups benefits and pay for retail workers after an outcry.
Last week on Power On: Apple’s App Store is likely to survive U.S. bills aimed at upending it.