Techmeme
January 28, 2021, 4:15 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.
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 …
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 …
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.
Stephen Nellis / Reuters:
In an interview, Tim Cook says Apple has an active installed base of 1.65B devices, up from 1.5B a year ago, including an installed base of over 1B iPhones  —  (Reuters) - Apple Inc on Wednesday reported holiday quarter sales and profits that beat Wall Street expectations …
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:
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 …
Dean Takahashi / VentureBeat:
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:
Zuckerberg says Apple is one of Facebook's “biggest competitors” and uses its dominant position to preference apps like iMessage against WhatsApp and Messenger  —  - Facebook CEO Mark Zuckerberg used the opening remarks of the company's fourth quarter earnings call to blast Apple …
Reuters:
Samsung reports Q4 earnings with total revenue of ~$55.2B, up 3% YoY, and operating profit of ~$8.2B, up 26% YoY, but sees mobile sales drop 11% YoY to $19.3B  —  SEOUL (Reuters) - Samsung Electronics Co Ltd said on Thursday it expects its overall profit to weaken in the first quarter of 2021 …
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.
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
Elena Schneider / Politico:
US political campaigns say that bans by Facebook and Google on political ads have hamstrung them during a crucial fundraising window ahead of the 2022 midterms  —  Facebook and Google's on-again, off-again bans on political ads are hitting campaigns during a crucial fundraising window …
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 …

Sponsor Posts

O'Reilly:
How are your competitors using the cloud?  —  Curious how other companies are using the cloud, microservices, and other critical technologies?  Find out in this free ebook.
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!
Zoho:
What makes a remote employee successful?  —  After transitioning to remote work last year, many organizations have decided to adopt a long-term remote work strategy.  While this can bring several benefits to your organization …
Oura:
Ten Tips to get Better, Deeper Sleep  —  Want to feel more rested in the morning?  This weekend, try these strategies and see what works for you.
Tribe AI:
You don't have to be Google to have your own AI lab  —  Find out how Tribe's community of top engineers can build core machine learning technology for your company.

Listen to Techmeme's Podcast:

Techmeme Ride Home: Thu. 03/04 - Is Square Buying Tidal A Watershed Moment For The Creator Economy? Subscribe via Apple Podcasts, Google Play, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:15 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

Stef W. Kight / Axios:

Earlier Picks