Tech Brew Ride Home Wed. 06/05 - YouTube Takes Action-ish
Jun 5, 2019
YouTube makes serious moves to curb hate speech, setting the stage for significant channel removals. Peloton gears up for its IPO, aiming to revolutionize the fitness sector. Amazon might face an antitrust probe over competitive practices, raising eyebrows about its surveillance ties with Ring doorbells. Meanwhile, Apple navigates controversy with its login policy favoring its services. Netflix tests a new Instagram-like feature to ramp up user engagement.
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YouTube's Policy Changes
- YouTube is changing its community guidelines to ban videos promoting group superiority to justify discrimination.
- This change aims to remove extremist content and misinformation, but its effectiveness remains to be seen.
Peloton's IPO
- Peloton, the connected fitness company, has confidentially filed for an IPO after its last funding round valued it at $4.15 billion.
- The company, known for its connected bikes and treadmills, is rumored to be developing a rowing machine.
SEC Sues Kik
- The SEC is suing Kik for its 2017 ICO, alleging it was an unregistered security sale.
- Kik, a messaging app, raised $100 million but the value of KIN tokens has since dropped.