Techmeme
January 29, 2021, 11:15 AM

Top News

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.
Jesse Westbrook / Bloomberg:
SEC says it “will closely review actions taken by regulated entities that may disadvantage investors” in trading certain securities  —  The U.S. Securities and Exchange Commission, making its most specific comments about the recent mania in the stock market …
Russell Brandom / The Verge:
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 …
Maggie Fitzgerald / CNBC:
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 …
Ben Schoon / 9to5Google:
Akane Otani / Wall Street Journal:
Misyrlena Egkolfopoulou / Bloomberg:
Darrell Etherington / TechCrunch:
Tucker Higgins / CNBC:
Tom Warren / The Verge:
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 …
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 …
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 …
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.
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 …

Sponsor Posts

Okara:
Meet Okara, the AI platform that doesn't train on your data  —  Chat with 30+ open-source models (Llama, Kimi, Qwen, DeepSeek) through encrypted infrastructure.  Used by teams handling proprietary code and strategy.
Soxton:
AI-powered law for startups  —  Soxton automates startup legal so founders can move faster and sleep better.  We handle incorporation, advisor, employment and commercial contracts.  Join the waitlist for early access!
Zoho:
Pro tips: 5 ways to simplify invoicing and payments in Zoho Books  —  Many businesses still rely on manual processes to collect payments and reconcile invoices.  This often results in delayed payments …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Access:
Where we'll go when the bots take over, with Sublime's Sari Azout
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
Hard Fork:
Tech Grapples With ICE + Casey Tries Clawdbot, a Risky New A.I. Assistant + HatGPT
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Invest Like the Best:
Gokul Rajaram - Lessons from Investing in 700 Companies
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Lenny's Podcast:
Marc Andreessen: The real AI boom hasn't even started yet
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
The Nick, Dick and Paul Show:
The Wellness Industry Pt. 1
Nick Bilton, Dick Costolo, and Paul Kedrosky pull back the curtain on AI, startups, and the future rushing toward us, all with healthy dose of irreverence.
Subscribe to The Nick, Dick and Paul Show.
Tools and Weapons with Brad Smith:
Special Edition: Key findings from the Microsoft AI Diffusion Report
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:15 AM ET, January 29, 2021.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Zack Whittaker / TechCrunch:
Bijan Stephen / The Verge:
Dylan Byers / NBC News: