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Peloton raises $550M at a valuation of $4 billion

Peloton today announced its Series F funding of $550 million. That brings the total amount raised, according to CrunchBase, to $994.7 million. According to the announcement, this round puts Peloton’s valuation at $4 billion — it was just last May the company hit unicorn status.TCV led the round with other ...

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The greedy ways Apple got to $1 trillion

For being the richest company ever with $243 billion in cash, Apple sure cuts corners in the stingiest ways. The hardware giant became the first trillion-dollar company this week. Yet it’s tough to reconcile Apple earning $11 billion in profit per quarter with it still screwing us over on cords ...

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I, for one, welcome our robotic ukulele overlords

It is unclear where the UkuRobot came from and where it will go once it is done with humanity but I fear that it is up to no good. Look at this robot: small, compact, infinitely complex. Its fretting system stares at us, gimlet-eyed, while the plucking system continues its ...

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Nintendo’s new Labo Vehicle Kit looks like a buggy full of fun

Nintendo has just announced the latest in its Labo series of whimsical cardboard accessories for the Switch gaming console, and this one looks like a must-have. Called the Vehicle Kit for obvious reasons, the flat-pack, assemble-it-yourself add-ons include a steering wheel, gas pedal, “keys” that activate different vehicles, all of ...

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