YouTube to hire more content reviewers

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The markets traded mixed during the midday with the Dow falling 43 points to 24,246. Nasdaq gained 22 points to 6,798.


YouTube will increase the number of human reviewers of content and comments on its site to more than 10,000 in 2018. The video sharing site has come under fire for allowing inappropriate content on its YouTube Kids platform which prompted major companies such as Deutsche Bank, Adidas Mars and Cadbury to suspend their advertising campaigns. YouTube will also implement stricter rules to determine which videos will be allowed to make money through advertisers.


Kroger is recalling one-gallon containers of purified water due to a potential mold contamination. Containers of Comforts for Baby Purified Water with Flouride added with sell-by dates between April 26, 2018 and October 10, 2018 may be contaminated with Talaromyces penicillium. Customers who purchased to affected items have been asked to return the products for refunds.


The European Union's General Court sided with Apple in its trademark case against Xiaomi. Xiaomi's application to trademark Mi Pad for its tablet computer in Europe was challenged by Apple as too similar to Apple's iPad. The European Union Intellectual Property Office had agreed with Apple.


In the broad market, declining issues outpaced advancers by a margin of more than 4 to 3 on both the NYSE and on Nasdaq. The broader S&P 500 eased a fraction to 2,638. Bitcoin surged $209 to $11,660.


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