| Maggie Fitzgerald / CNBC: |
Robinhood says due to “recent volatility” it is restricting trading in some stocks, including GameStop, AMC, BlackBerry, and Nokia, to “position closing only” — Amid the flurry of speculative activity in GameStop, brokers took steps to restrict the trading … | Russell Brandom / The Verge: |
Robinhood to allow “limited buys” on restricted stocks from Friday, says halting purchases was a risk-management decision and not a response to outside pressure — Halting purchases was ‘a risk management decision,’ the company said in a blog post| Tom Warren / The Verge: |
Discord says r/WallStreetBets members have set up a new server and Discord is helping them with moderation and management of rapid growth — A surprising change of events — Discord is now helping the r/WallStreetBets team moderate its new server. The company originally banned … | Misyrlena Egkolfopoulou / Bloomberg: |
Robinhood is telling some users it may close out some of their positions as part of measures it is taking to reduce account risks — Robinhood Markets told users of its popular stock trading app that it may close out some of their positions as part of measures it's taking to reduce account risks.| Tucker Higgins / CNBC: |
Lawmakers, including AOC and Ted Cruz, criticize Robinhood; Reps. from both the Senate and House say they will hold hearings on the state of the stock market — - AOC, Ted Cruz, Ro Khanna and other lawmakers criticized Robinhood after it restricted trading in GameStop and other companies targeted … | Paresh Dave / Reuters: |
Facebook took down the “Robinhood Stock Traders” group with 157K users; a notification said the group violated polices on “adult sexual exploitation” — (Reuters) - Facebook Inc took down a popular Wall Street discussion group, Robinhood Stock Traders … | Darrell Etherington / TechCrunch: |
| Ryan Browne / CNBC: |
| The Information: |
Sources: Facebook is preparing an antitrust lawsuit against Apple for forcing developers to abide by App Store rules that Apple's own apps don't have to follow — A long-simmering public dispute between Facebook and Apple has neared a boiling point. With the aid of outside legal counsel … | Michael Potuck / 9to5Mac: |
In an apparent swipe at Zuckerberg, Tim Cook says that valuing engagement over privacy leads to “polarization” and “violence” and such businesses need reform — Speaking at the EU data protection conference CPDP today, Tim Cook gave the opening keynote with his talk entitled … | TechCrunch: |
Apple says its App Tracking Transparency feature, which will be enabled by default, will roll out with iOS 14, iPadOS 14, and tvOS 14 updates in early spring — Apple has shared a few more details about its much-discussed privacy changes in iOS 14. The company first announced at WWDC … | Dylan Byers / NBC News: |
Facebook's Oversight Board issues first-ever rulings, which Facebook said it will abide by, overturning four out of the five cases it reviewed — Facebook's Oversight Board on Thursday issued its first round of decisions, overturning several of the company's decisions to remove posts … | Michael McSweeney / The Block: |
Coinbase officially announces its intent to become a public company via direct listing — Coinbase has made official its plan to go public by way of a direct listing, according to a blog post released Thursday by the U.S.-based crypto exchange. — “Coinbase Global, Inc. today announced … | Ben Schoon / 9to5Google: |
Telegram launches a tool to let users import chat history from WhatsApp, Line, or KakaoTalk on Android and iOS — This year has seen a spike in interest for secure messaging apps and one of our favorites, Telegram, is seizing the oppurtunity. With its latest update, Telegram is introducing … | Bijan Stephen / The Verge: |
YouTube is testing the ability to make short clips, from 5 to 60 seconds, of livestreams or videos, starting today on desktop and Android devices — Another standard live-streaming feature makes its way over to the online video giant — YouTube is introducing clipping … | Ingrid Lunden / TechCrunch: |
Facebook adds opt-in biometric fingerprint, face, or iris scan authentication for WhatsApp on desktop and the web — WhatsApp, the Facebook-owned popular messaging app with more than 2 billion users, has been getting a lot of heat and losing users in recent weeks after announcing (and then delaying) changes to how it uses your data.| Lawrence Abrams / BleepingComputer: |
Microsoft reports it has “high confidence” the hacking campaign targeting infosec researchers is linked to ZINC, a DPRK-affiliated and state-sponsored group — Earlier this week, Google disclosed that a North Korean government-backed hacking group has been using social networks to target security researchers.| Catalin Cimpanu / ZDNet: |
Google Project Zero researcher discovers and details new security system on iOS 14 named BlastDoor, which provides an improved sandbox system for iMessage data — iOS 14 shipped with BlastDoor, a new sandbox system for processing iMessages data. — With the release of iOS 14 last fall … | Sara Fischer / Axios: |
Snap announces a new digital literacy program on Snapchat, covering data privacy and security — Snapchat on Thursday unveiled a new digital literacy program aimed at educating its users about issues like data privacy and security. — Why it matters: Snapchat intends to help … | Wall Street Journal: |
Sources: WeWork is in talks to merge with a SPAC at a valuation of around $10B, more than a year after its high-profile failure to launch an IPO — A deal could value the company at some $10 billion — WeWork is in talks to combine with a special-purpose acquisition company … | Ashley Stewart / Business Insider: |
At an all-hands, Microsoft Education VP told staff 100M+ students use Teams, up 30M since Sep; said Chromebooks are often faster, cheaper than PCs for remote ed — - Microsoft's education boss told employees at an all-hands meeting 100 million students use Teams.| Kanishka Singh / Reuters: |
Henry Moniz, ViacomCBS' top compliance official, will become Facebook's first chief compliance officer, amid heavy regulatory scrutiny — (Reuters) - ViacomCBS Inc's top compliance official, Henry Moniz, is moving to Facebook Inc as the social media platform's first chief compliance officer …
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| Kif Leswing / CNBC: |