Peloton hit with patent-infringement lawsuit by NordicTrack bike maker - Business Insider

ICON Health & Fitness, which makes NordicTrack fitness bikes, sued Peloton on Thursday alleging patent infringement.

The lawsuit claims Peloton used two features for its new Bike Plus, a swivel monitor and remote resistance control, that were originally developed and patented by ICON.alleging it copied its interactive fitness program and engaged in false advertising. Peloton said it would fight the lawsuit, and characterized the claims as "a retaliatory filing intended to deflect attention away from ICON's blatant infringement of Peloton's leaderboard technology and other deceptive practices."Peloton is getting sued by a competitor that's alleging the company's popular exercise bikes infringed on its patents.

The company that makes NordicTrack at-home fitness bikes, ICON Health & Fitness, filed a lawsuit against Peloton on Thursday, accusing it of infringing on two ICON-developed features. The maker said in the suit that Peloton used patented features — an auto-follow that controls the resistance of its bikes and swivel screens for easier off-bike exercise — originally designed by ICON."ICON is unfortunately accustomed to having companies copy its technology," the suit reads. "Some companies, like Peloton, have built entire businesses on the back of ICON's patented technology.

Seamustache 🥴

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside a Amazon arbitrageurs group where members sell $100K in goods - Business InsiderPeople are quitting their jobs to make thousands selling everyday items on Amazon. Here's a look inside one exclusive resale group, where members have sold over $400,000 worth of good since May.
Source: BusinessInsider - 🏆 729. / 51 Read more »

What Peloton's 2013 Kickstarter can teach founders about fundraising - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I bought stock instead of a bike!
Source: BusinessInsider - 🏆 729. / 51 Read more »

Uber, Lyft questioned in California appeals court over business model - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. The mass exodus out of the failed state of Californistan is picking up momentum. Judge: Why do you think you’re entitled to slave labor and put unemployment burden on the tax payers? Uber: 🤡
Source: BusinessInsider - 🏆 729. / 51 Read more »