Peloton Interactive Inc., the maker of popular at-home fitness bikes, said Tuesday it has settled legal disputes with Flywheel Sports Inc. over alleged technology theft and patents considered important to success in the growing boutique fitness industry. The settlement is likely a positive development for publicly traded Peloton because it touts its technical features as the reason its bikes and internet-based instruction programs are superior. Peloton says its tech is a product of hefty spending and years of development.

Source: Wall Street Journal February 04, 2020 05:03 UTC