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January 29, 2021, 2:00 PM
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memeorandum
WeSmirchTop News
| New York Times: |
Robinhood says it raised emergency funding of $1B+ from its existing investors, as it faces an onslaught of demands on its cash amid a 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.
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Gizmodo, Bloomberg, NPR, CNBC, Wall Street Journal, Forbes, Decrypt, TechCrunch, SlashGear, PYMNTS.com, Data Driven Investor, Daring Fireball, Fortune, Newser, Engadget, Cryptonews, Lifehacker, BGR, Engadget, Business Insider, and TechRadar
Tweets: @zackkanter, @jamessurowiecki, @rmac18, @rmac18, @carnage4life, @danprimack, @dellcam, @benthompson, and @billpascrell
| 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 …
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The Verge, CoinDesk, PYMNTS.com, Decrypt, Reuters, New York Post, Coin Journal, Cointelegraph, CryptoGlobe, and KnowTechie
Tweets: @jennfranconews, @orcainthecourt, @tomwarren, and @alltheway08
| 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 …
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U.S. Securities …, theblockcrypto.com, CNBC, TechCrunch, TIME, and Crypto Briefing
Tweets: @senwarren, @bgurley, @business, @w7voa, @bloombergtv, @fercany, @nekiasnba, @tubegrowth, @davidshepardson, @business, @thestreet, and @adrianna_mdz
| Jacob Kastrenakes / The Verge: |
Robinhood says it didn't proactively sell shares of GameStop, AMC, or any other buzzworthy stocks without traders' permission, denying claims made by some users — Traders say they intended to keep holding — No, Robinhood tells The Verge, it didn't sell off full shares of GameStop …
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Wall Street Journal, Protocol, CNBC, and New York Times
Tweets: @sequoia, @arkhondh, @jarule, @nope_its_lily, @sts_news, @nfergus, @jeremyjojola, @theauthorguy, @tomaskenn, @octofinance, @netnobody, @helenkennedy, @longshorttrader, @pkafka, @mims, and @mims
| 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.| Ben Schoon / 9to5Google: |
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The Verge, HotHardware.com News, VICE, 9to5Mac, Game Rant, New York Post, BBC, CNBC, Forbes, coinspeaker.com, Fast Company, Android Authority, Cointelegraph, Business Insider, and KnowTechie
Tweets: @slasher, @shwoolley, @austin_rief, @salem4congress, @ayeshaasiddiqi, and @maxkennerly
| Akane Otani / Wall Street Journal: |
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INSIDER, Polygon, Business Insider, and Bloomberg
Tweets: @themaxburns, @rabbishmuley, @rwhelanwsj, and @karaswisher
| Russell Brandom / The Verge: |
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Under the Hood, CNBC, Ars Technica, Reuters, USA Today, BitcoinExchangeGuide, CNN, TechRadar, and CNET
Tweets: @gamespot, @jason_koebler, @vladtenev, @davidgokhshtein, @nichboy, @caseyjohnston, @davidsacks, @rbreich, @balajis, @robzacny, @kristineowram, @imranzomg, @tomgara, @justinkan, @michaelpachter, @mizteefranklin, @bennettjonah, @pascalbouvier, @maxwinebach, @mims, @jeffjohnroberts, @film_girl, @tedlieu, and @dellcam
| Tucker Higgins / CNBC: |
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VICE. Tweets: @tedcruz, @newyorkstateag, @carolmassar, @senmikelee, @llchristyll, @olaasm, @danrolle, @kellymakena, @_semahernandez_, @rokhanna, @issielapowsky, @emmakinery, @jalter, @hshaban, @rakeshlobster, and @senwarren
| Darrell Etherington / TechCrunch: |
More:
Protocol and New York Times
Tweets: @zguz, @motherboard, @webullglobal, @public, @webullglobal, @panzer, @zguz, @mathewi, @panzer, @jgreco, and @cfarivar
| 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 …
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Ars Technica, Bloomberg, ZDNet, and AppleInsider
Tweets: @dnvolz, @ericgeller, @biannagolodryga, @kevinmaddendc, @rebeccaballhaus, @hatr, and @campuscodi
| 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 … | 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 …
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Axios, TechRadar, The Verge, and Engadget
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
| Geoffrey Fowler / Washington Post: |
A spot check finds a number of apps in Apple's App Store with inaccurate privacy nutrition labels that understate the amount of data they collect — Apple's plan to make iPhone apps be transparent about the data they take falls short of being helpful — or even accurate — You can trust Apple ... right?
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AppleInsider, MacRumors, 9to5Mac, Pocketnow, iDownloadBlog.com, iPhone Hacks, Apple Terminal, and The Mac Observer
| 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.| 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, Threatpost, The Hacker News, Slashdot, iPhone in Canada Blog, and Six Colors
Tweets: @rockbruno_, @stroughtonsmith, @virusbtn, and @campuscodi
| 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 …
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Epic Games, Thurrott, VG247, TechRadar, Gearburn, PCMag, MCV/DEVELOP, and Destructoid
| Megan Graham / CNBC: |
Facebook says it will begin testing “topic exclusion” controls that would help advertisers stop running ads next to topics they want to avoid in News Feed — - Facebook is building tools to help advertisers keep their ad placements away from certain topics in its News Feed.
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Facebook, Axios, Search Engine Land, Reuters, and The Hill
Tweets: @pressgazette, @scout_finch, and @mattnavarra
| Kyle Wiggers / VentureBeat: |
Physna, a Cincinnati-based startup developing an AI-powered 3D modeling platform for industrial engineering, raises $20M Series B led by Sequoia — Physna, a Cincinnati, Ohio-based startup developing an AI-powered 3D modeling platform for industrial engineering, today announced that it raised $20 million.Sponsor Posts
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Hard Fork:
Fable Ban Reversed + Dr. Dana Suskind on Parenting With A.I. + Prediction Market Drama
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