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welcome to tech crunch daily news a roundup of the top tech news of the day

peloton's product lineup is both getting cheaper and more expensive. Nintendo announces a new retro device, and Palantir revealed more about its governance plans.

This is your daily crunch.

The big story is Peloton, is preparing to add new products at both ends of its pricing range, according to a report in

Bloomberg. Specifically, it's planning to add an entry-level treadmill that would

retail for less than $3,000 as well as higher end bike called The Bike Plus, which could serve as a centerpiece

for a home gym that also supports strength training and other workouts.

Meanwhile, Peloton would also drop the price of its existing bike to and other

this sounds like a smart way to under $1,900.

Altogether, this sounds like a smart way to both lower the price of entry

while also creating new products for people who don't feel safe going

to the gym, assuming it's open at all, during the pandemic.

In Tech Giants, Nintendo announced that it's remaking the first portable gaming system it ever built.

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