587

Peloton announces $95 “used equipment activation fee” (arstechnica.com)

submitted 3 months ago by AnActOfCreation@programming.dev to c/technology@lemmy.world

73 comments fedilink hide all child comments

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.

you are viewing a single comment's thread
view the rest of the comments

[-] aaaaace 53 points 2 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.ca 1 points 2 months ago* (last edited 2 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?

[-] aaaaace 2 points 2 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.

[-] Appoxo@lemmy.dbzer0.com 1 points 2 months ago

Thing is cloud stuff does cost money to run. In the end even electricity is a subscription.

this post was submitted on 23 Aug 2024

587 points (100.0% liked)

Technology

59517 readers

2797 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS