SF rents are sinking fast. The tech industry’s embrace of remote work during the pandemic has meant some relief from SF’s notoriously high rent prices. Those prices are down an average of almost 12 percent year-over-year in June, according to Zumper. This marks the second consecutive month of falling rent prices locally. [CNBC]
Reddit removes more than 2,000 subreddits. The SF-headquartered platform is cracking down on subreddits that it says violate its new content policies against hate speech. Among the impacted subreddits are the pro-President Trump r/The_Donald and r/ChapoTrapHouse, a destination for listeners of the similarly named podcast. [The Verge]
YouTube bans alt-right leaders. YouTube, too, is taking action against hate speech on its platform. The company has banned Richard Spencer, David Duke and Stefan Molyneux, and it’s also removed the American Renaissance channel in a push to enforce its hate speech policy. Twitch, too, temporarily suspended the president’s channel for airing streams that it says violated its hateful conduct policy. [Engadget]
Chief arrives in SF. The network for women executives got its start in NYC in 2019, and is now putting down (virtual) roots in the Bay Area. It’s designed to offer an opportunity for women executives to connect, learn from peers and participate in group discussions. For now, it’s an online-only affair, but a clubhouse is expected to follow post-pandemic. [Built In SF]
Intuit launches trans youth mentorship initiative. The company is partnering with the GenderCool Project to show trans and non-binary youth what it’s like to work in tech. It’s an effort to provide mentorship for a marginalized population, as well as promote diversity in the workplace. [Built In SF]
Niantic partners with Punchdrunk. The SF-based augmented reality company is responsible for Pokémon Go and now it’s working with the U.K. production company that launched Sleep No More, an immersive theater experience, to “redefine” mobile gaming. [Built In SF]
Good Use profits from hand sanitizer pivot. Emeryville raw juice startup Good Use started producing hand sanitizer during the pandemic, and just experienced its most profitable month of business to date as a result. [SF Business Times]
