Alexa Flash Briefings

Cheddar Afternoon Alexa Flash Briefings of February 8th

Hello everyone. This is your daily tech and business briefing from cheddar news Peloton. Ceo john Foley stepping down from the company. Peloton will replace its top boss with former Spotify CFO Barry McCarthy now Foley will transition to the role of executive chair. Peloton reported that they had a loss for the last quarter and they cut their revenue outlook for the year as well. Meanwhile, religious leaders are calling on Mark Zuckerberg to cancel plans for Instagram kids in September Instagram paused their app for Children under 13 that after facing heavy scrutiny, the nonprofit fair place sent a letter signed by more than 75 religious leaders, all urging Zuckerberg to permanently canceled the project and Tiktok exploring the idea of age rated content restrictions. The company announced their testing how adult rated content can now be restricted from younger users accounts. The company also says they'll test a way for creators to specify if they want their content to only be viewed by older audiences and the channel news, business and tech update. I'm baker machado coming to you from cheddar studios in lower Manhattan