Techmeme
January 28, 2021, 12:10 AM

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.
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 closed up 300%+  —  - Shares of AMC Entertainment jumped more than 300% at the opening bell on Wednesday.  — In addition to GameStop …
Jay Peters / The Verge:
r/WallStreetBets was made private by moderators for about an hour, but is back online; Discord banned r/WallStreetBets' server, claiming hate speech violations  —  It went dark for nearly an hour  —  The r/WallStreetBets subreddit's own moderators made it private for a little less than an hour …
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:
Danny Palmer / ZDNet:
Europol, the FBI, and other law enforcement agencies worldwide have seized control of malware botnet Emotet's infrastructure and disrupted it from the inside  —  Europol and FBI among agencies that have taken control of the botnet infrastructure used by cyber criminals behind some of the most prolific malware and ransomware attacks.
Salvador Rodriguez / CNBC:
Zuckerberg says Facebook will stop recommending civic and political groups to users permanently and is considering reducing political content in News Feeds  —  - Facebook CEO Mark Zuckerberg on Wednesday announced that the company will no longer recommend civic and political groups to its users.
Megan Graham / 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 …
Emma Lee / TechNode:
Tencent-backed Chinese online education startup Huohua Siwei, which offers K-12 math and science courses, closes its $400M Series E at a $1.5B valuation  —  Huohua Siwei, an education platform backed by Tencent and short video app Kuaishou, has been valued at $1.5 billion after receiving …
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 …

Sponsor Posts

DataStax:
Global scale on a startup budget?  —  Go with the original planetary scale database — DataStax Astra built on Apache Cassandra™.  Start for free and pay only for what you use with serverless!
Oura:
7 Tips for a Good Night's Sleep  —  Want to improve your sleep and build healthy habits that can last a lifetime?  Put these 7 tips to the test.
O'Reilly:
Ask O'Reilly any tech question.  We have the Answers.  —  New to O'Reilly online learning: O'Reilly Answers.  Just ask any tech question and instantly get answers from our renowned books.
Zoho:
Top 5 HR strategies for small businesses  —  As a small business, it may be tempting to sideline HR operations and focus on other areas that drive business success.  As your organization expands, however …
Secureframe:
Secureframe helps companies get enterprise-ready by streamlining SOC 2 security compliance.  —  Secureframe allows companies to get secure within weeks, rather than months and monitors 40+ services.  Get started today!
Techmeme Ride Home:
Office Hours With Chris Fralic Of First Round Capital
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:10 AM ET, January 28, 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

Ryan Gallagher / Bloomberg: