Spotify reportedly filed for an IPO, Roku launches a streaming service, and more. Dana Wollman, Executive Editor at Engadget, joins Cheddar to discuss the latest headlines in tech.
According to reports, Spotify will list directly at the NYSE. Wollman says this is proof that the company needs money badly. She also talks about the steep competition within the music streaming industry right now with Apple Music, Spotify, YouTube, and Google all getting in the game.
Plus, Roku plans to debut its new streaming service at the Consumer Electronics Show on January 9th. Now the streaming company won't be physically manufacturing a device like Amazon or Google does, but it will be licensing the software to other companies. Roku was up 6% on Wednesday after the news was announced.
Meta has unveiled an app called Threads to rival Twitter, targeting users looking for an alternative to the social media platform owned — and frequently changed — by Elon Musk.
Complete sexual assault case folios containing intimate details were among more than 300,000 files dumped online in March after the 36,000-student Minneapolis Public Schools refused to pay a $1 million ransom. Other exposed data included medical records and discrimination complaints.
