Techmeme
January 27, 2021, 5:35 PM

Top News

Ryan Browne / CNBC:
As r/WallStreetBets causes GameStop, BlackBerry, and others to surge, online trading platforms like Robinhood and WeBull have rapidly climbed US app store ranks  —  - The flurry of Redditors taking on Wall Street appears to have resulted in a usage boom for share trading apps.
More: TechCrunch, CNBC, TechCrunch, Wall Street Journal, Bloomberg, CNN, Bloomberg, Bloomberg, Bloomberg, Forbes, The Verge, Vox, Bloomberg, Bloomberg, The Verge, CNBC, BuzzFeed News, Financial Times, New York Times, Business Insider, Bloomberg, The Verge, Hollywood Reporter, USA Today, CNET, Bloomberg, CoinDesk, GameSpot, The Logic, CNBC, New York Post, Mashable, Observer, VICE, TheStreet, Wall Street Journal, Kotaku, New York Post, Bloomberg, Los Angeles Times, The Wrap, iPhone in Canada Blog, Variety, Cointelegraph, BGR, Axios, Bloomberg, Fortune, coinspeaker.com, Decrypt, and Forbes
Pippa Stevens / CNBC:
As Reddit's r/WallStreetBets pushes GameStop's stock to record levels, other stocks mentioned in the subreddit surge, like AMC, which is up 200%+  —  - Shares of AMC Entertainment jumped more than 300% at the opening bell on Wednesday.  — In addition to GameStop, individual investors …
Bloomberg:
Apple:
Apple reports Q1 revenue of $111.4B, up 21% YoY, with international sales making up 64% of Q1 revenue; iPhone, Wearables, and Services set new revenue records  —  Revenue up 21 percent and EPS up 35 percent to new all-time records  —  iPhone, Wearables, and Services set new revenue records
Chance Miller / 9to5Mac:
Apple's Q1 net income was $28.8B, up from $22.2B YoY; revenue for iPhone was $65.6B, up from $56B YoY, Mac was $8.7B, up from $7.2B, and Services grew to $15.8B  —  Apple (AAPL) has officially reported its earnings for Q1 2021, covering the lucrative holiday shopping season.
Facebook:
Facebook reports Q4: $28.1B revenue, up 33% YoY, 1.84B DAUs, up 11% YoY, 2.6B people used a Facebook service daily, up 15% YoY; headcount up 30% YoY to 58,604  —  Facebook, Inc. (Nasdaq: FB) today reported financial results for the quarter and full year ended December 31, 2020.
Salvador Rodriguez / CNBC:
Dean Takahashi / VentureBeat:
Google details the impact of Apple's upcoming IDFA ad privacy changes, including reducing visibility into app install metrics and affecting bidding on some ads  —  Apple has prioritized user privacy over targeted advertising, and Google is spelling out today what that means for itself as well as game and app developers.
Nikkei Asia:
Source: Apple is expanding production of iPhones, iPads, Macs, and other products in Vietnam and India, as the company increasingly shifts away from China  —  Move is part of wider shift from China that includes Macs, AirPods and more  —  TAIPEI — Apple is ramping up the production of iPhones …
Will Oremus / OneZero :
How the social network Nextdoor is replacing local newspapers as a news and opinion hub, letting governments bypass the media and present a one-sided picture  —  While Facebook and Twitter get the scrutiny, Nextdoor is reshaping politics one neighborhood at a time
Chaim Gartenberg / The Verge:
Amazon's Ring announces $60 Video Doorbell Wired, its cheapest and smallest doorbell, arriving on February 24  —  Available on February 24th, with preorders starting today  —  Amazon's Ring has debuted its latest video doorbell, the (blandly named) Ring Video Doorbell Wired which, at $59.99 …
Bloomberg:
Squarespace says it filed confidentially for an IPO in the US; the company was valued at $1.7B in December 2017  —  Website-hosting service Squarespace Inc. said it submitted a draft filing to go public to the U.S. Securities and Exchange Commission.  —  Squarespace said in a statement Wednesday …
Ryan Gallagher / Bloomberg:
Profile of PE firm Francisco Partners, whose portfolio includes companies like Sandvine and NSO Group, which have both pursued deals with authoritarian regimes  —  Don Bowman, co-founder of Sandvine Inc., was always aware of the risks his company's products posed.
Jai Vardhan / Entrackr:
Sources: ByteDance has decided to wrap up its India operations and is laying off 90%, or over 1,800 employees, following India's permanent ban on TikTok  —  Bytedance has decided to wrap up its India operations and is cutting a large chunk of its employee base citing an absence of a clear direction …
Ingrid Lunden / TechCrunch:
DriveNets, which provides software-based routing tools to service providers, raises $208M Series B at a $1B+ valuation  —  People and businesses are relying on the internet to get things done more than ever before, an opportunity but also an infrastructure headache for service providers …
Anna Kramer / Protocol:
Profile of Tracy Chou, diversity activist and founder of Block Party, which lets users filter out trolling and harassing Tweets so they can be reviewed later  —  When Tracy Chou decided to host a Reddit “Ask Me Anything” about online harassment over the summer, she knew it probably …
Ron Miller / TechCrunch:
Pinecone, which is developing a vector database to help build machine learning apps faster, raises $10M seed led by Wing Venture Capital  —  Pinecone, a new startup from the folks who helped launch Amazon SageMaker, has built a vector database that generates data in a specialized format …
More: SiliconANGLE and ZDNet

Sponsor Posts

Google:
Generate videos with Veo 3 in Google Gemini  —  Create high-quality, 8-second videos with Veo 3, our state-of-the-art AI video generator.  Try it with a Google AI Pro plan or get the highest access with the Ultra plan.
Warp:
The #1 Coding Agent  —  #1 on Terminal-Bench.  71% on SWE-bench Verified.  Trusted by 600K+ devs.  Try the top agentic dev tool for $1 for 1st month with code TECHMEME.
Zoho:
Boost technician productivity on the go with the Zoho FSM mobile app  —  Life on the move: Inside a technician's daily workflowIn field service, unpredictability is part of the job.  One moment, a technician is on schedule.
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.
F5:
F5's 2025 AI Strategy Report  —  Only 2% of Enterprises Are Fully AI-Ready.  Most face security gaps like weak data governance and lack of AI firewalls, stalling adoption and innovation.  What is your readiness to scale AI?

Featured Podcasts

Hard Fork:
GPT-5 Backlash + Perplexity C.E.O. Aravind Srinivas on the Browser Wars + Hot Mess Express
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.
Tech Brew Ride Home:
An Apple Pixar Lamp?
Tech news headlines every day. 15 minutes and you're up to date. From Tech Brew, Morning Brew's tech hub.
Subscribe to Tech Brew Ride Home.
Decoder with Nilay Patel:
The head of ChatGPT on AI attachment, ads, and what's next
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Lenny's Podcast:
The one question that saves product careers | Matt LeMay
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.
Great Chat:
Warm intros and hot takes: It's time to get ready for fundraising season
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.
Big Technology Podcast:
Is The AI Going To Escape? -- With Anthony Aguirre
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.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:35 PM ET, January 27, 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

Michael Schwirtz / New York Times:
Catalin Cimpanu / ZDNet:
Nick Statt / The Verge: