| 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 … | 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| New York Times: |
Robinhood says it raised an emergency infusion of over $1B from its existing investors, facing an onslaught of demands on its cash amid the stock market frenzy — The no-fee trading app, which is popular with young investors, has been strained by the high volume of trading this week in stocks such as GameStop.| 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 … | 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 … | 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 … | Ben Schoon / 9to5Google: |
| Tucker Higgins / CNBC: |
| Misyrlena Egkolfopoulou / Bloomberg: |
| 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: |
| Catalin Cimpanu / ZDNet: |
Google Project Zero researcher discovers and details new security system on iOS 14 named BlastDoor, which provides an improved sandbox system for iMessage data — iOS 14 shipped with BlastDoor, a new sandbox system for processing iMessages data. — With the release of iOS 14 last fall … | 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 … | 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 Peterson / AppleInsider: |
Canalys: iPad shipments grew 40% YoY in 2020, across the year Apple shipped about an estimated 58.8M tablets, up 24% YoY from 2019 — Apple retained its top spot in the worldwide tablet industry during the fourth quarter of 2020, shipping an estimated 19.2 million iPad models in the period.| Kif Leswing / CNBC: |
| 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 … | Cameron Faulkner / The Verge: |
Epic says its Games Store has 160M+ PC users, up from 108M in 2019, with DAUs up 192% YoY to 31.3M; gamers spent $700M+ in 2020, with $265M on 3rd-party games — And Epic confirmed it'll keep giving away games in 2021 — Epic Games Store released a bevy of stats to show off … | 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.
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