Ldyg SPAC Serendiptiy Capital Files With SEC to Pull Plug on $250M IPO
First there was the death, accidents and lawsuits. Then came Pelotons product recall聽after months of resistance. Most recently, reports of a reorg that might include layoffs and even production cuts聽of its core product have further slammed the once-mighty connected fitness company, which shed another 25% of its body weight Thursday Jan. 20 鈥?or about $2 billion 鈥?in a single-day sell-off.Of course, through it all, there has also been COVID and the ancillary supply chain challenges for the New York-based company to contend with, although in hindsight these conflicting trends seem to have delivered a mix of both headwinds and tailwinds.The question now is: Are these just growing pains for a company that only went public聽27 months ago, or is this the byproduct of a broader downshift in personal home fitness preferences within an economy that is trying mightily to reopen For industry watchers and connected fitness gurus such as PYMNTS CEO Karen Webster, the string of strife f
stanley thermoskanne or Peloton is concerning 鈥?but inconclusive. The big questions in my mind are whether consumers are giving up on Peloton, giving up on [in-home] fitness now that there are other ways for them to spend their free time, OR going back to the gym Webster said.聽 The answer is probably all of the abo
stanley cup ve, she added, noting the need for more time to assess what the longer term impacts on
stanley website Peloton 鈥?and the entire connected fitness sector 鈥?will be.聽Pelotons PushbackFor its part, the upscale connected bike and tre Knqx RIP Windows Phone
When it comes to identity verification, the possible devil is in the details 鈥?and the details are in the documents.As financial services become ever more digital, the identity verification method employed by some firms may no longer be optimal.聽The comparison of photos to headshots process, commonplac
stanley quencher e to verifying a range of documents, may have some human assessment in the mix. That can lead to significant time lags in onboarding new customers or, worse yet, it may mean missing the chance to nip fraud in the bud.Simply put, theres more to the self than just the selfie.聽With everything from email addresses and Facebook posts to passports floating around to turn a composite portrait of an individual into reality, why not harness the power of more information that can be tracked than ever before 鈥?an individuals ever-growing digital footprint 鈥?and use it to pr
stanley shop ove someone is who he says he is, especially when money is changing hands To that end, digital identity technology company Socure announced news on Monday Sept. 11 that it is debuting the next generation of its beyond human predictive analytics platform.聽Version 3.0 of the technology, codenamed Socure Sapphire, comes as the company has partnered with identity verification company AU10TIX, an ICTS subsidiary, to boost digital document processing across passports and drivers licenses.The announce
stanley cup ment comes just weeks after Socure said it had closed $13.9 million in a Series B financing round led by Commerce Venture