| Maggie Fitzgerald / CNBC: |
Robinhood says due to “recent volatility” it is restricting trading in some stocks, including GameStop, AMC, BlackBerry, and Nokia, to “position closing only” — Amid the flurry of speculative activity in GameStop, brokers took steps to restrict the trading … | Tom Warren / The Verge: |
Discord says r/WallStreetBets members have set up a new server and Discord is helping them with moderation and management of rapid growth — A surprising change of events — Discord is now helping the r/WallStreetBets team moderate its new server. The company originally banned … | Russell Brandom / The Verge: |
Robinhood to allow “limited buys” on restricted stocks from Friday, says halting purchases was a risk-management decision and not a response to outside pressure — Halting purchases was ‘a risk management decision,’ the company said in a blog post| 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.| 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 … | Darrell Etherington / TechCrunch: |
Webull and Public, which restricted transactions of some stocks, cite costs of settling the trades with Apex as the cause and have now removed all restrictions — Three of the popular retail stock market trading apps that have hosted much of the activity related to the Wall Street Bets subreddit-spurred run … | Tucker Higgins / CNBC: |
| Ryan Browne / CNBC: |
| The Information: |
Sources: Facebook is preparing an antitrust lawsuit against Apple for forcing developers to abide by App Store rules that Apple's own apps don't have to follow — A long-simmering public dispute between Facebook and Apple has neared a boiling point. With the aid of outside legal counsel … | 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 … | TechCrunch: |
Apple says its App Tracking Transparency feature, which will be enabled by default, will roll out with iOS 14, iPadOS 14, and tvOS 14 updates in early spring — Apple has shared a few more details about its much-discussed privacy changes in iOS 14. The company first announced at WWDC … | Megan Graham / CNBC: |
| Dylan Byers / NBC News: |
Facebook's Oversight Board issues first-ever rulings, which Facebook said it will abide by, overturning four out of the five cases it reviewed — Facebook's Oversight Board on Thursday issued its first round of decisions, overturning several of the company's decisions to remove posts … | 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 … | Ingrid Lunden / TechCrunch: |
Facebook adds opt-in biometric fingerprint, face, or iris scan authentication for WhatsApp on desktop or web — WhatsApp, the Facebook-owned popular messaging app with more than 2 billion users, has been getting a lot of heat and losing users in recent weeks after announcing (and then delaying) changes to how it uses your data.| Ben Schoon / 9to5Google: |
Telegram launches a tool to let users import chat history from WhatsApp, Line, or KakaoTalk on Android and iOS — This year has seen a spike in interest for secure messaging apps and one of our favorites, Telegram, is seizing the oppurtunity. With its latest update, Telegram is introducing … | Bijan Stephen / The Verge: |
YouTube is testing the ability to make short clips, from 5 to 60 seconds, of livestreams or videos, starting today on desktop and Android devices — Another standard live-streaming feature makes its way over to the online video giant — YouTube is introducing clipping … | Wall Street Journal: |
Sources: WeWork is in talks to merge with a SPAC at a valuation of around $10B, more than a year after its high-profile failure to launch an IPO — A deal could value the company at some $10 billion — WeWork is in talks to combine with a special-purpose acquisition company … | Zack Whittaker / TechCrunch: |
Google pulls popular transit app New York Subway from Play store, after it was found sharing granular user location data with controversial data broker X-Mode — Apple and Google banned apps from sharing location data with a broker with links to U.S. military contractors.| Kif Leswing / CNBC: |
IDC says Apple has shipped 90.1M iPhones in Q1, the largest number of shipments in a single quarter since IDC started tracking smartphones — - The iPhone is booming: Sales were up 17% year-over-year to a whopping $65.6 billion in a single quarter. — Research firm IDC estimates … | 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.| CNBC: |
Qualtrics closes up 51% on its first day of trading, valuing the cloud software vendor at $27.3B, after raising $1.5B in its IPO — - Shares of Qualtrics began trading on the Nasdaq on Thursday at $41.85. — Qualtrics had priced its shares at $30 a piece, just above its expected target range of $27 to $29 per share.| Lucas Matney / TechCrunch: |
Gowalla, now resurrected as a social AR startup, raises a $4M seed round co-led by Google's venture arm GV and Spark Capital — The newly resurrected Gowalla wants to realize its mobile dreams from the early-aughts in an augmented reality world, and they've raised some new funding to make it happen.| Sara Fischer / Axios: |
Snap announces a new digital literacy program on Snapchat, covering data privacy and security — Snapchat on Thursday unveiled a new digital literacy program aimed at educating its users about issues like data privacy and security. — Why it matters: Snapchat intends to help …
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