Techmeme Ride Home Thu. 06/20 - Slack's (kinda) IPO
Jun 20, 2019
Slack makes waves with its public debut as shares soar. Congress takes a hard look at Facebook's Libra, raising serious questions about digital currency. In a shocking move, a Florida city pays hackers $600,000 in ransom. Meanwhile, revolutionary tech allows the internet to flow through your lightbulbs. And, could we be on the brink of a fast-charging battery breakthrough that fills your phone in just minutes? Plus, a dive into the literary world with a nod to Joe Abercrombie's gripping tale.
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Episode notes
Slack's Direct Listing Success
- Slack had a successful direct listing, opening at $38.50 per share.
- This valued the company at $20 billion, up from its reference price of $26.
Libra's Regulatory Hurdles
- Facebook's Libra project faces regulatory scrutiny globally.
- Governments' potential control over cryptocurrencies poses a challenge.
YouTube's FTC Probe
- The FTC is investigating YouTube's children's privacy practices.
- This probe might influence YouTube's recent policy changes regarding children's content.
