Sources Contact Advanced Search Tutorials

An Interest In:

Web News this Week

Search Archive

Some of Our Sources

View All Sources

Help Webnuz

Referal links:

February 21, 2020 02:02 am

'Project Magnum': Flywheel's Alleged Plot To Steal Peloton's Technology

em1ly writes: Spin bike maker Flywheel lost a patent lawsuit to rival company Peloton, announcing yesterday that it's shutting down. Motherboard uncovered some wild corporate espionage in the court documents: "At some point before the launch of FLY Anywhere, according to Peloton's lawyers, Flywheel launched 'Project Magnum,' an attempt to 'obtain as MUCH secret intel on Peloton as we can,' according to an improperly redacted document Peloton filed in court. 'Project Magnum was not some extemporaneous side-project [...] but rather a concerted, widespread effort,' one of Peloton's filings adds. But Project Magnum was, apparently, more haphazard than spy operation. Flywheel created a Google Doc to 'create tabs with the functional areas of info so that the team know[s] to keep adding to it,' one of the documents reads. Much of the conspiracy seems to have taken place over email, judging by discovery that Peloton obtained. Someone at Flywheel named the project after the Magnum PI television series, one of the court documents adds, although the filing does not include the individual's name. The filings do not go into detail on how Flywheel apparently tried to obtain Peloton's secrets, but they do include contours of the project. In a message seemingly written by a former Flywheel CTO who now works at Facebook, he wrote 'Villency could be useful in providing insight related to Project Magnum.' Eric Villency, and his company Villency Design Group, designed the Peloton and SoulCycle stationary bikes..."

Slashdot

Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..

More About this Source Visit Slashdot