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. 1 Peloton Announces Initial Public Offering
Peloton previously filed a confidential S-1 message, but now the IPOs have been publicly announced, indicating that the fitness technology company has reported sales of $ 915 million resulted in losses of $ 245.7 million.
Cofounder and CEO John Foley said in the documents a great vision: "Peloton is so much more than a bicycle – we believe we have the opportunity to create one of the most innovative technology platforms of our time. "
. 2 Anthony Levandowski, former Google Engineer at the center of Waymo-Uber case, charged with stealing trade secrets
If convicted, Levandowski will be punished with a maximum fine of 1
. 3 Fitbit CEO discusses the company's subscription future
At a small event in Manhattan this week, Fitbit introduced its future to the press. Significantly, the event focused much more on the company's software game. (Extra Crunch Membership required.)
4. US border guards increasingly deny travelers entry via social media
The recent case saw a Lebanese-based Palestinian and aspiring Harvard freshman refuse entry to the United States just before the start of the school year.
. 5 ThoughtSpot earns $ 248 million in Series E at $ 1.95 billion
ThoughtSpot was created by a group of former Googlers who wanted to transfer search performance to data. Seven years later, the company is growing at a value of nearly two billion dollars and expects a potential IPO.
. 6 Google will close Google Hire in 2020
Google has developed Hire to simplify the hiring process. The workflow has been integrated with Google's G Suite, for example, to search for applicants, schedule interviews, and provide feedback on possible settings.
. 7 Rwanda wants to phase out e-moto-gas motorcycle taxis
The Rwandan government will shortly be issuing national guidelines for eliminating e-moto gas motorcycles in its taxi sector.