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Amazon Stops Sale Of ‘Prime Bike,’ Distances Itself From Fitness Company Echelon

Topline Hours after launching a $499 exercise bike billed as a partnership between Amazon and fitness company Echelon, Amazon stopped selling the product and said the bike “is not an…

Amazon expected to debut new Alexa and Fire TV devices Thursday

CLOSE Alexa, what’s new? That is Thursday’s question, as the tech spotlight turns to Amazon, and its annual fall event outlining new 2020 Alexa and Fire TV products. Amazon is…

Amazon will make it easier to buy sustainable products with new climate label

Amazon is launching a new environmental program called Climate Pledge Friendly that will label certain products that meet one of 19 certifications for sustainability. The goal is to help climate-conscious…

Rumored Fire TV Stick Lite leaks ahead of Amazon event

WinFuture Amazon on Thursday is holding a virtual event where the retail giant is expected to show off new hardware and services. We may be getting an early peek at one…

Peloton Rebounds as Amazon Debunks $499 ‘Prime Bike’ Offering

Peloton Interactive  (PTON) – Get Report shares traded higher on Wednesday after Amazon.com  (AMZN) – Get Report said it has nothing to do with purported new $499 “Prime Bike” being sold by…

Amazon disavows $500 “Prime Bike,” says it has no formal connection to the product

Yesterday, exercise company Echelon Fitness announced the “EX-Prime Smart Connect Bike,” or “Prime Bike” — a $500 exercise bike developed “in collaboration with Amazon.” News of the bike’s launch sent…

Apple, Amazon and Google will emerge as winners: Gene Munster

Long-time tech analyst Gene Munster believes big tech is on the cusp of a major shift: It’s becoming a stock pickers’ market. The Loup Ventures founder and managing partner expects…

Amazon takes aim at Peloton with $499 Prime Bike

Do you long to get a Peloton, but can’t stomach the cost? If you’re willing to give up some smart features and a big screen, Amazon’s new $500 Prime Bike might…

New documents show Amazon is a $3.9 billion customer USPS can’t lose

Newly released documents obtained by American Oversight show that Amazon produced nearly $3.9 billion in revenue and $1.6 billion in profit for the USPS in the fiscal year of 2019.…

Peloton Shares Backpedal as Amazon Unveils ‘Prime Bike’ Rival

A new tech-enabled stationary workout bike from e-commerce giant Amazon.com  (AMZN) – Get Report is looking to nibble on Peloton’s  (PTON) – Get Report pedals.  Peloton shares traded lower on Tuesday after…