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Tag: Cash

11 virtual fitness companies vying to compete with Peloton’s winning membership model and cash in on the at-home exercise boom

October 1, 2020
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| Fitness

  • On-demand and virtual fitness has never been more popular, as the pandemic drastically changes the way Americans stay fit. 
  • While Peloton continues to dominate the at-home fitness market, several digital fitness programs — both new and existing — are looking to cash in on the on-demand exercise boom. 
  • We took a closer look at 11 of the most popular virtual fitness membership programs. 
  • Visit Business Insider’s homepage for more stories.

 

Gone are the days of traditional gym memberships, as Americans enter the era of the virtual, at-home fitness movement buoyed by the pandemic.

On-demand fitness platforms have never been so popular, nor so ubiquitous. Though digital fitness has been on the rise in recent years, the coronavirus outbreak has put fledgling virtual companies on the map while prompting the rise of a slew of new platforms designed to help Americans stay fit while cooped up at home. 

These programs vary

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Want to solve society’s most urgent problems? Cash prizes can spur breakthroughs

October 1, 2020
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| Health Issues

<span class="caption">Many prizes that aim to spur innovation are winner-take-all.</span> <span class="attribution"><a class="link rapid-noclick-resp" href="https://www.gettyimages.com/detail/news-photo/students-from-t-dt-innovation-lab-of-northeastern-news-photo/1167889992" rel="nofollow noopener" target="_blank" data-ylk="slk:VCG for 2019 RoboMaster Robotics Competition Final Tournament via Getty Images">VCG for 2019 RoboMaster Robotics Competition Final Tournament via Getty Images</a></span>
Many prizes that aim to spur innovation are winner-take-all. VCG for 2019 RoboMaster Robotics Competition Final Tournament via Getty Images

Innovation is a critical part of tackling problems in areas as diverse as transportation, housing, public health and energy. But the scientists, inventors and entrepreneurs who might generate creative solutions often investigate issues or pursue economic opportunities in other less urgent fields. Incentives for science and innovation try to steer efforts toward the most pressing societal problems.

Prizes – cash rewards for scientific, engineering and other achievements – are one form of incentive that has been around for a very long time. In the 18th century, for example, organizations such as the Royal Society in the U.K. awarded medals to scientists for their breakthrough research.

Today, in addition to this type of scientific award, there are also prizes for solutions to diverse problems including the invention of new transportation means

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