Techmeme
January 29, 2021, 7:55 PM

Top 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.
Wall Street Journal:
Profile of the trader known as DeepFuckingValue on r/WallStreetBets, who began investing in GameStop and explaining why in YouTube videos starting in mid-2019  —  Trader known as DeepF—ingValue on the WallStreetBets forum helped turn the investing world upside down.  “I didn't expect this.”
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 …
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 …
Misyrlena Egkolfopoulou / Bloomberg:
Darrell Etherington / TechCrunch:
Jacob Kastrenakes / The Verge:
Ben Schoon / 9to5Google:
Paresh Dave / Reuters:
Russell Brandom / The Verge:
Akane Otani / Wall Street Journal:
Geoffrey Fowler / Washington Post:
A spot check finds some apps in Apple's App Store with inaccurate privacy “nutrition labels” that downplay how much data they send to Facebook, Google, others  —  Apple's plan to make iPhone apps be transparent about the data they take falls short of being helpful — or even accurate
Adam Satariano / New York Times:
Graphika: Huawei officials retweeted messages from fake accounts on Twitter to spread a pro-5G influence campaign in Belgium; Huawei is investigating the claim  —  A covert online push to sway telecommunications policy in favor of the Chinese company may presage a new twist in social manipulation.
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 …
Theodore Schleifer / Vox:
Chan Zuckerberg Initiative is overhauling its political program, outsourcing its advocacy work, and launching a criminal justice reform group with a $350M fund  —  The Facebook founder and his wife, Priscilla Chan, are making the largest structural change to their philanthropy since they launched it five years ago.
Nick Statt / The Verge:
Facebook's Oversight Board is taking public comments on Facebook's decision to ban Trump and if it complied with “freedom of expression and human rights”  —  The board is taking submissions until February 5th  —  Facebook's Oversight Board, the independent body empowered to review …

Sponsor Posts

Google:
Try Gemini 3 Pro  —  Google's newest and most intelligent AI model that helps you bring any idea to life
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:
Zoho Webinar: A look back at 2025  —  As 2025 comes to a close, it's the perfect time to look back at how Zoho Webinar has transformed the way businesses connect, engage, and grow.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

The Talk Show With John Gruber:
'A Naughty Citizen', With Quinn Nelson
The director's commentary track for Daring Fireball. Long digressions on Apple, technology, design, movies, and more.
Subscribe to The Talk Show With John Gruber.
Big Technology Podcast:
2025 In Review, 2026 Predictions — With Reed Albergotti
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
Podcast Pioneer PJ Vogt's Second Act: Less Budget, More Control
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
BG2 Pod:
AI Enterprise - Databricks & Glean
Open-source podcast on all things tech, markets, investing, and capitalism, hosted by Brad Gerstner.
Subscribe to BG2 Pod.
Great Chat:
The stories we told ourselves in 2025
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Tools and Weapons with Brad Smith:
Ted Sarandos: Netflix and how tech changed storytelling
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 7:55 PM 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

Megan Graham / CNBC:

Earlier Picks

Mike Isaac / New York Times:
Catalin Cimpanu / ZDNet: