Skip to main content

Market Overview

Peloton's 'Turkey Burn' Event Faces Technical Glitches, CEO Apologizes

Share:
Peloton's 'Turkey Burn' Event Faces Technical Glitches, CEO Apologizes

In recent news, Peloton Interactive Inc.’s (NASDAQ:PTON) annual Thanksgiving ride was plagued by technical issues, leading to an apology from the company’s CEO, Barry McCarthy.

As per a report from The Verge, Peloton’s 10th annual "Turkey Burn" event, which was set to break the Guinness World Record for the largest live cycling class, was unable to accommodate all attendees due to system overloads.

CEO Barry McCarthy expressed his disappointment over the technical failures. Despite the mishap, over 37,000 participants managed to join the event, though the exact number of those who couldn’t is yet unknown. “We let you down,” McCarthy admitted, explaining that the company’s technical infrastructure was simply overwhelmed by the number of members trying to join the ride.

See Also: Ozempic’s Surging Demand Has Novo Nordisk Restricting It In Europe, Plus An Older Generation Diabetes Drug: What’s Next?

Peloton’s status page confirmed “elevated errors with live classes” a few minutes after the event started, but it was resolved in some time. Some of the attendees who were able to join also reported experiencing technical issues during the live event.

For the members who missed out on the event, Peloton has made the class available on-demand via Instagram stories. An encore version of the Turkey Burn is also scheduled to start at 10 AM ET on Friday.

Read Next: Why Is Pharma Giant Bristol-Myers Squibb (BMY) Stock Trading Lower Today?

Image by Tony Webster via Flickr


Engineered by
Benzinga Neuro, Edited by


Pooja Rajkumari


The GPT-4-based Benzinga Neuro content generation system exploits the
extensive Benzinga Ecosystem, including native data, APIs, and more to
create comprehensive and timely stories for you.
Learn more.


 

Related Articles (PTON)

View Comments and Join the Discussion!

Posted-In: Consumer Tech Live cycling Peloton Technical failureNews Health Care Tech General

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com