"Completely ridiculous."
  • Peloton is introducing a $95 “used equipment activation fee” for bikes purchased from outside its official channels in the US and Canada, aiming to boost revenue and maintain onboarding quality for new subscribers.
  • The fee has sparked criticism as it reduces the cost savings typically associated with buying secondhand equipment and diverges from practices in other industries, potentially discouraging used market purchases.
  • Peloton’s hardware sales continue to decline, but subscription revenue has seen slight growth; the company still faces financial struggles despite cost-cutting measures and layoffs.
  • aaaaaceEnglish
    53·
    4 months ago

    The tech world has become and endless conveyor belt of stupid greedy miseries.

    No subscription-based company products should be in public schools. That would stop with inculcating model acceptance.

    No federal agency should be using any subscription product, including any cloud products. Public data should not be capable of being held hostage or monetised.

    Both are a waste of public funds and set a bad example.

    We can put marketing teams in the fields and mines doing honest toil.

    • Nomecks@lemmy.caEnglish
      1·
      4 months ago

      So they shouldn’t lease buildings, or subscribe to water and power? Should they also not use document archival and storage services that have existed for decades?

      • aaaaaceEnglish
        2·
        4 months ago

        Water and power still need to be reconfigured, obvs we’re not there yet, but they don’t contain my personal info and can’t leak it.

        I’m not against govt working with entities when needed, but it’s become a lazy solution to outsource functions and often the blame for failure as well, rather than build a responsible solution.

        It’s gotten too cozy and intertwined.