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Even before the onslaught of COVID-19, the fitness industry was going through a fairly dramatic transformation. Traditional gyms full of bulky equipment and machines were losing their appeal as people began to embrace smaller, niche fitness studios,  and even virtual experiences.

While the shift may mean trouble for large brands, it is great news for independent fitness instructors who are now not only finding more freedom to work directly with clients, but also to build their own thriving, without the overhead of a corporation.

After his own experience with a , Eddie Zhang saw this firsthand. He also noticed that the options for instructors to find a good location to train clients outside of a large gym were lacking. So, in 2009, he decided to leave his role as a tax consultant at the and set out to create spaces for instructors to meet and train their clients. And come 2014, Traing Grounds Gym was born.

The model he created operates like a salon for trainers. He currently has a set of training pods that trainers rent to use

At Wednesday’s antitrust hearing, Facebook Inc. Chief Executive Officer Mark Zuckerberg is set to tell Congress his company is an American success story crucial in winning an internet arms race against China.

TikTok’s CEO is already striking back. The hugely popular video app owned by ByteDance Ltd. has become symbolic of Chinese power in the U.S., new CEO Kevin Mayer acknowledged in a statement. “But let’s focus our energies on fair and open competition in service of our consumers, rather than maligning attacks by our competitor – namely Facebook – disguised as patriotism and designed to put an end to our very presence in the U.S.,” he said in a blog post.

Mayer, who left Walt Disney Co. for the viral video platform in May, now leads an effort to convince U.S. regulators TikTok isn’t a threat to national security or America’s youth. The world’s most valuable startup is trying to stave off a possible blacklisting that would cripple its growth, and exploring options such as a sale of TikTok to American investors.

Zuckerberg’s testimony — published in advance — focused on the broader danger of allowing tech firms from the world’s No. 2 economy to dominate the …

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© 2020 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell My Info | Ad Choices 
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
Quotes delayed at least 15 minutes. Market data provided by Interactive Data. ETF and Mutual Fund data provided by Morningstar, Inc. Dow Jones Terms & Conditions: http://www.djindexes.com/mdsidx/html/tandc/indexestandcs.html.
S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions.

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