In the spirit of everyone’s favorite ’90s MP3 player, here are some short, low-fi news bites to keep you in the groove.
Scooter wars: Lyft and Taxify join the fray
After taking a regulatory rest, the scooter wars resumed yesterday with 2 new contenders. Lyft launched a pilot in Denver, rolling out a small number of scooters and promising to play nice with officials. Meanwhile, Estonian ride-sharing rival Taxify debuted a scooter-share in Paris.
Luxury retailers cooling off: Burberry is not feeling the burn
Retailers have begun to take heat for destroying luxury leftovers. After the amount of stock torched by British fashion brand Burberry increased from $6.5m in 2013 to $39m this year, the brand decided to stop the practice of burning excess inventory. Should we clap?
Home fitness gets smart (and pricy): ‘Mirror’ hits the market
Yesterday, a startup called Mirror launched a product that streams fitness courses right into your bedroom via “smart mirror.”
With a $1,495 price tag, Mirror joins other fitness-tech startups (the $2k Peloton, the $2,995 Tonal) on a quest to charge high-earning fitness buffs big bucks in their own home.