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While Peloton made the announcement of its filing in a press release, it did not disclose the terms of its IPO.
The company, which has been valued at $4 billion, paved the way for a variety of home fitness companies. It expanded beyond bikes earlier this year with the release of a connected treadmill with similar services and content.
In the lawsuit, the SEC claims that Kik conducted an illegal $100 million offering of digital tokens by selling the tokens to U.S. investors without registering their offer and sale as required under U.S. law.
YouTube has told a reporter at Vox that the comments made by a prominent conservative channel (describing the reporter as as “lispy queer” and “the gay Latino host at Vox”) do not violate its policies.
At WWDC this week, Apple launched a new user interface framework, called SwiftUI. It’s designed to help developers build a full-featured user interface with smooth animations using simple, declarative code.
LabCorp is the latest laboratory testing giant to confirm this week that it’s affected by the same third-party data breach.
The startup provides real-time endpoint protection on laptops, phones, containers, cloud services and most recently IoT devices on a network through a completely autonomous, AI-based platform.
You may also notice a familiar byline here: Darrell Etherington is back! And yes, he says he’ll help out with the Daily Crunch, though you’re still stuck with me on most days.