want to bring in sarah frier who covers facebook. s facebook employees themselves are complaining about how facebook handles content moderation. what are these employees saying? sarah: this is so crucial to our business and how our users feel about our product, why is it something that we outsource? the response from management is like, we really need to scale this up very quickly. we need to make sure these workforces are flexible and can move to different needs. and, of course, facebook thanks over time artificial intelligence will get good enough that it will be able to reduce the need for these contractors. emily: over time, decades? sarah: right now, hate speech is only 38% effective detection by the a.i. other categories like nudity are much better. of course, we have to look at is a flagging a naked statue or is it flagging a person? they have gotten better at those things, but still, the most crucial things that content moderators are looking at are the gray areas. the things that really are subjective to make decisions about.

here is sarah frier with more. he past year, we have heard this over and over, the argument from facebook that they do not sell your data. pundits come out and say technically you do, it is just a semantic argument. you collect the data, and then you rent it to advertisers, you rent the targeting of us to advertisers. then we get into this debate over whether facebook should be doing this or not. that is what i am arguing is not the real privacy debate when it comes to facebook. the real debate is, how much data are we giving them and how transparent are they being about the collection of that data? i think some instances over the past year has shown that is probably a more important discussion to be having, because we really don't know and they really don't talk about the extent to which that occurs. jason: and this has really come to the fore more recently as they have started to talk about maybe consolidating some of the back end, at least, of their most popular applications. the they are really counting on ones

sarah frier, thank you. waiting for up is an ipo that could value the company at $8 million.pping up stationary bikes that cost more than $2000, the realwatchers say money is in subscriptions that cost $40 a month. is it a fitness startup or a streaming service? i want to bring in bloomberg's olivia zaleski. which is it? been thinking of it more as a media company, not a hardware company. a lot of people here about the $2000 i can't think that is expensive but the real money to is in itsr peloton subscriptions for yoga classes, boot camps, a class for running. those cost about $19.99 a month and apparently, the company is selling a lot of them. emily: what kind of growth is peloton seeing in the bikes themselves and subscriptions? olivia: they haven't revealed those numbers yet. we do understand from sources at the company that the subscription for the non-hardware products come of the classes, is doing extremely well and that seems investors are interested in that. they are starting to value peloton as more of a media company. olivia: they raised $550 million in a funding ro

emily: sarah frier, thank you so much for that update. one we will continue to follow.the only platform changing up its policies. starting february 25, youtube channels will get one-time warnings the first time they post content that crosses the line. no penalties except for removal of the content. for me, we will bring in -- more, we will bring in lucas shaw. how are the policies changing? lucas: the warning at first this something new. it used to be the first mistake, you would get a first strike which would penalize you. now, because creators have complained the community guidelines are unclear, they will get a one-time morning that allows them -- warning that allows them to figure it out. that is good news for the creators that are upset about it. it does not solve the big picture problems which means the guidelines on youtube have not made a lot of sense. emily: youtube is saying with the new guidelines, they will make a better effort to be more transparent and give you information when they pull content down. there is only one penalty that will be standardized acr

for more on snap, let's bring in sarah frier. the numbers are better than expected.ed out at you the most? >> it was a low bar. people expected snap user base to shrink. stopped said revenue would be the highest at the range they gave, it was within the range's of didn't have a high bar for them. they exceeded it. at thesage if you look prepared remarks, it is all about stability. he is trying to make the case that snap is no longer going to the scandal management executive turnover problem that it has been this past year. i don't not that is going to be credible, but we will hear what he has to say on the call. maybe there is something to look forward to hear. >> we will let you listen in on that call. , let's welcomep our guest. of a company that specializes in advertising on social media platforms area. viral.p companies go means, has snap been a useful tool as of late? >> yes. from a brand engagement perspective. i have not seen anything else on the market that can reach that level of engagement that snap can. i think it is a really underpriced attention over the