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January 29, 2021, 10:30 AM
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| New York Times: |
Robinhood says it raised an emergency infusion of over $1B from its existing investors, facing an onslaught of demands on its cash amid the stock market frenzy — The no-fee trading app, which is popular with young investors, has been strained by the high volume of trading this week in stocks such as GameStop.
More:
TechCrunch, Engadget, Forbes, Lifehacker, Wall Street Journal, Newser, CNBC, Cryptonews, BGR, Engadget, TechRadar, Business Insider, and Variety
Tweets: @zackkanter, @danprimack, @jamessurowiecki, @rmac18, @rmac18, @carnage4life, @dellcam, and @benthompson
| 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| 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 …
More:
Forbes, Gizmodo, and CNBC
Tweets: @yoalexrapz, @virushuo, @reclaimerrob, @caseynewton, @ggreenwald, @ggreenwald, @subtooptimus, @ggreenwald, @brianroemmele, and @jasonaten
| Bloomberg: |
Sources: Robinhood has drawn down some of its credit lines with banks, tapping at least several hundred million dollars — Robinhood Markets, the trading app that's popular with investors behind some of this month's wildest stock swings, has drawn down some of its credit lines with banks …
More:
VICE, PYMNTS.com, and CoinDesk
Tweets: @fmanjoo, @northmantrader, @thestalwart, @litcapital, @balajis, @gerberkawasaki, and @jacob__posts
| Ben Schoon / 9to5Google: |
Google deleted ~100K reviews for the Robinhood app on the Play Store, bringing its rating back to 4 stars, after users dropped its rating to 1-star — Robinhood is one of the most popular ways for consumers to get in on the stock market, but the app is in some hot water with its users currently.
More:
The Verge, TechCrunch, BBC, CNBC, CNET, 9to5Mac, Game Rant, Android Authority, Business Insider, coinspeaker.com, Fast Company, and Cointelegraph
Tweets: @salem4congress and @ayeshaasiddiqi
| 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 …
More:
VICE, CNBC, USA Today, Wall Street Journal, Decrypt, Bloomberg, New York Times, KnowTechie, IGN, The Ringer, and coinspeaker.com
Tweets: @tedcruz, @aoc, @sequoia, @arkhondh, @robinhoodapp, @chamath, @motherboard, @slasher, @jarule, @rashidatlaib, @dellcam, @panzer, @casey, @bgurley, @rachelmetz, @dellcam, @jason_koebler, @austin_rief, @vladtenev, @themaxburns, @poorlyagedstuff, @rokhanna, @balajis, @matthewstoller, @markruffalo, @reddit, @panzer, @eddiezipperer, @rbreich, @billpascrell, @robzacny, @bigblackjacobin, @tedlieu, @arjunsethi, @film_girl, @dellcam, @bgurley, @itsdansheehan, @arjunsethi, @gartenberg, @jasonaten, @emmakinery, @caseynewton, @reckless, @tedlieu, @fintechfrank, and @pt
| Ryan Browne / CNBC: |
After dogecoin spiked 800%+, Robinhood halted instant deposits for crypto purchases and restricted trading in cryptocurrencies on Friday — - Users reported that the trading app had halted instant deposits for crypto purchases on Friday. — Robinhood confirmed the move …
More:
The Verge, CoinDesk, Decrypt, Reuters, New York Post, CryptoGlobe, KnowTechie, Coin Journal, and Cointelegraph. Tweets: @alltheway08
| Akane Otani / Wall Street Journal: |
Profile of r/WallStreetBets founder Jaime Rogozinski, who hasn't moderated since April and says the GameStop surge is a “train wreck happening in real time” — Jaime Rogozinski likens recent surge in GameStop shares to a ‘train wreck happening in real time’
More:
Business Insider, INSIDER, and Bloomberg
Tweets: @rabbishmuley, @rwhelanwsj, @karaswisher, @eringriffith, and @schwarz
| Misyrlena Egkolfopoulou / Bloomberg: |
More:
Bloomberg, Bloomberg, and CNBC
Tweets: @khoustephanie, @jbarro, @lklatt11, @devlinbarrett, @ashbennington, @tomzellerjr, @bw, @ashbennington, @brianroemmele, @themaxburns, and @themaxburns
| Darrell Etherington / TechCrunch: |
More:
CNBC, Fast Company, and CNET
Tweets: @zguz, @webullglobal, @public, @webullglobal, @zguz, @panzer, @mathewi, @panzer, @jgreco, @cfarivar, @matthewstoller, @alexeheath, @panzer, @panzer, and @fmanjoo
| Tucker Higgins / CNBC: |
More:
VICE. Tweets: @newyorkstateag, @senmikelee, @carolmassar, @llchristyll, @jalter, @issielapowsky, @kellymakena, @_semahernandez_, @emmakinery, @danrolle, @olaasm, @hshaban, @rakeshlobster, @senwarren, @elwasson, @cnbc, and @iansherr
| Mike Isaac / New York Times: |
Sources: Facebook is developing newsletter tools for journalists and writers, including tools to help build followers, curate email lists, and offer paid subs — Facebook is working on newsletter tools for journalists and writers, according to three people familiar with the company's plans …
More:
Axios and The Verge
Tweets: @mikeisaac, @econ_marshall, @caseynewton, @quinnypig, @z_everson, @daveleeft, @allnick, @halophoenix, @minimaxir, @robpegoraro, @tedstein, @mobute, @rmondello, @hamishmckenzie, @ndimichino, @juddlegum, @jeffhauser, @laurengoode, @seldo, @athertonkd, @arielbogle, @bradesposito, @kirstinestewart, @morninggloria, @parismarx, @ismh, @brandyljensen, @fed_speak, @ireneista, @samebrewster, @lainnafader, @eiffeltyler, @simonowens, @mgsiegler, @allen, @rafat, @davechensky, @karaswisher, @thekendallbaker, @kantrowitz, @sdw, @skamille, and @kimmaicutler
| 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 …
More:
Project Zero, SecurityWeek, Slashdot, iPhone in Canada Blog, iPhone Hacks, MacDailyNews, Ubergizmo, iMore, and 9to5Mac
Tweets: @campuscodi and @ryanaraine
| Mike Peterson / AppleInsider: |
Canalys: iPad shipments grew 40% YoY to 19.2M in Q4 2020 and across all of 2020 Apple shipped an estimated 58.8M tablets, up 24% YoY from 2019 — Apple retained its top spot in the worldwide tablet industry during the fourth quarter of 2020, shipping an estimated 19.2 million iPad models in the period.| Kif Leswing / CNBC: |
More:
Canalys.com, Daring Fireball, Apple Must, Firstpost Tech, Gizchina, and Counterpoint Research
Tweets: @arjunkharpal, @fjeronimo, @asymco, and @benbajarin
| Cameron Faulkner / The Verge: |
Epic says its Games Store has 160M+ PC users, up from 108M in 2019, with DAUs up 192% YoY to 31.3M; gamers spent $700M+ in 2020, with $265M on 3rd-party games — And Epic confirmed it'll keep giving away games in 2021 — Epic Games Store released a bevy of stats to show off …
More:
Epic Games, Thurrott, PCMag, Destructoid, TechRadar, VG247, Gearburn, and MCV/DEVELOP
| Reuters: |
Sources: Hyundai executives are divided over a potential tie-up with Apple, with some raising concerns about becoming a contract manufacturer — SEOUL/SAN FRANCISCO (Reuters) - Executives in Hyundai Motor Co Group are divided over a potential tie-up with Apple Inc, with some raising concerns …
More:
9to5Mac, AppleInsider, MacRumors, iPhone Hacks, Cult of Mac, Patently Apple, and iMore
| 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 …
More:
The Coinbase Blog, Crowdfund Insider, BitcoinExchangeGuide, Cryptonews, Blockonomi, coinspeaker.com, Coin Journal, SiliconANGLE, Axios, and PYMNTS.com
Tweets: @yoda, @brianroemmele, @panzer, and @eringriffith
| 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.
More:
Microsoft Security and Threatpost
Tweets: @msftsecintel, @timothys, @epakskape, and @campuscodi
| Russell Brandom / The Verge: |
A look at Global Privacy Control, a new web standard designed to let users opt out of data sharing with all third-party brokers globally with a single click — On today's internet, information is nearly impossible to control. It's become commonplace for a single website visit to spill …
Tweets: @jason_kint, @el33th4xor, @websmyth, and @cyborgtribe
| 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 …
More:
Telegram, Decrypt, ZDNet, Gizchina, MSPoweruser, and gHacks Technology News
| 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 …
More:
YouTube, Protocol, CNET, MacRumors, Engadget, 9to5Mac, Business Insider, Wccftech, The Guardian, GQ, and The Overspill
Tweets: @patrickmcgee_, @tim_cook, @jsnell, @pkafka, @martyswant, @stevekovach, @pt, @marcbodnick, @kifleswing, @pt, @defcon_5, @pt, @pt, @pkafka, @defcon_5, @pt, @snazzyq, @jeffnesbit, @lanceulanoff, @herrmanndigital, and @mikeelgan
| Wall Street Journal: |
Investigators say suspected Russian hack extends far beyond SolarWinds, with ~30% of the victims having no connection to the software — Roughly 30% of victims are said to have no connection to the network-management company's tainted software — Investigators probing a massive hack … | 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 …
More:
support.google.com, PCMag, Android Police, Game Rant, Digital Trends, Android Central, and Ubergizmo
Tweets: @youtubegaming, @fwiz, @baekdal, @traysold, and @omegaproyt
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