Techmeme
January 28, 2021, 10:10 PM

Top News

Maggie Fitzgerald / CNBC:
Russell Brandom / The Verge:
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 …
Paresh Dave / Reuters:
Facebook took down the “Robinhood Stock Traders” group with 157K users; a notification said the group violated polices on “adult sexual exploitation”  —  (Reuters) - Facebook Inc took down a popular Wall Street discussion group, Robinhood Stock Traders …
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.
Tucker Higgins / CNBC:
Lawmakers, including AOC and Ted Cruz, criticize Robinhood; Reps. from both the Senate and House say they will hold hearings on the state of the stock market  —  - AOC, Ted Cruz, Ro Khanna and other lawmakers criticized Robinhood after it restricted trading in GameStop and other companies targeted …
Darrell Etherington / TechCrunch:
Ryan Browne / CNBC:
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 …
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 …
TechCrunch:
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 …
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 …
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 …
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 …
Lawrence Abrams / BleepingComputer:
Microsoft reports it has “high confidence” the hacking campaign targeting infosec researchers is linked to ZINC, a DPRK-affiliated and state-sponsored group  —  Earlier this week, Google disclosed that a North Korean government-backed hacking group has been using social networks to target security researchers.
Ingrid Lunden / TechCrunch:
Facebook adds opt-in biometric fingerprint, face, or iris scan authentication for WhatsApp on desktop and the 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.
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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