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January 29, 2021, 3:15 PM
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memeorandum
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| New York Times: |
Robinhood says it raised emergency funding of $1B+ from its existing investors, as it faces an onslaught of demands on its cash amid a 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.
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Tweets: @zackkanter, @jamessurowiecki, @jamessurowiecki, @rmac18, @rmac18, @carnage4life, @danprimack, @dellcam, @benthompson, and @billpascrell
| Jesse Westbrook / Bloomberg: |
SEC says it “will closely review actions taken by regulated entities that may disadvantage investors” in trading certain securities — The U.S. Securities and Exchange Commission, making its most specific comments about the recent mania in the stock market …
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U.S. Securities …, CoinDesk, Decrypt, PCMag, theblockcrypto.com, CNBC, and TechCrunch
Tweets: @senwarren, @hshaban, @jessefelder, @bgurley, @business, @w7voa, @bloombergtv, @fercany, @nekiasnba, @tubegrowth, @davidshepardson, @business, @thestreet, and @adrianna_mdz
| Ryan Browne / CNBC: |
After dogecoin spiked 800%+, Robinhood halted instant deposits for crypto purchases and restricted trading in cryptocurrencies on Friday — - Users reported that the trading app had halted instant deposits for crypto purchases on Friday. — Robinhood confirmed the move …
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The Verge, CoinDesk, CoinDesk, PYMNTS.com, Cointelegraph, CryptoGlobe, KnowTechie, New York Post, and Decrypt
Tweets: @jennfranconews, @orcainthecourt, @tomwarren, and @alltheway08
| Jacob Kastrenakes / The Verge: |
Robinhood says it didn't proactively sell shares of GameStop, AMC, or any other buzzworthy stocks without traders' permission, denying claims made by some users — Traders say they intended to keep holding — No, Robinhood tells The Verge, it didn't sell off full shares of GameStop …
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Wall Street Journal, Protocol, CNBC, and New York Times
Tweets: @sequoia, @arkhondh, @jarule, @nope_its_lily, @sts_news, @nfergus, @tomaskenn, @netnobody, @jeremyjojola, @longshorttrader, @pkafka, @mims, @theauthorguy, @octofinance, @helenkennedy, and @mims
| 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.
Tweets: @aoc, @chamath, @robinhoodapp, @rashidatlaib, @dellcam, @khoustephanie, @mrjustinbarclay, and @thedextriarchy
| Wall Street Journal: |
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TK News. Tweets: @gelles, @rkrigney, @eliotwb, @austinhunt, @lucasmtny, @chrislhayes, @srussolillo, @rxfaro, @phatmike9, @davecbenoit, @wsj, @jasonzweigwsj, and @emanuelderman
| Paresh Dave / Reuters: |
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New York Times, Techdirt, Reclaim The Net, Gizmodo, Axios, Forbes, and CNBC
| Akane Otani / Wall Street Journal: |
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INSIDER, Polygon, Business Insider, and CNBC
Tweets: @rabbishmuley, @rwhelanwsj, @karaswisher, @themaxburns, and @maxkennerly
| Tucker Higgins / CNBC: |
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VICE. Tweets: @tedcruz, @newyorkstateag, @carolmassar, @senmikelee, @llchristyll, @olaasm, @danrolle, @kellymakena, @_semahernandez_, @rokhanna, @issielapowsky, @emmakinery, and @jalter
| Darrell Etherington / TechCrunch: |
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Protocol and New York Times
Tweets: @zguz, @motherboard, @webullglobal, @public, @webullglobal, @panzer, @zguz, and @mathewi
| Ben Schoon / 9to5Google: |
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New York Times, Gizmodo, The Verge, The Verge, 9to5Mac, HotHardware.com News, VICE, Cointelegraph, Game Rant, New York Post, CNBC, BBC, Forbes, Android Authority, and Business Insider
Tweets: @slasher, @teroterotero, @austin_rief, @salem4congress, @ayeshaasiddiqi, and @shwoolley
| Russell Brandom / The Verge: |
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Under the Hood, CNBC, Ars Technica, NPR, Reuters, The Hill, Reclaim The Net, CNN, CNET, TechRadar, BitcoinExchangeGuide, and USA Today
Tweets: @gamespot, @hshaban, @jason_koebler, @vladtenev, @davidgokhshtein, @nichboy, @caseyjohnston, @davidsacks, @rbreich, @robzacny, @balajis, @kristineowram, @imranzomg, @tomgara, @justinkan, @michaelpachter, @mizteefranklin, @bennettjonah, @pascalbouvier, @maxwinebach, @mims, and @jeffjohnroberts
| Reuters: |
Sources: Hyundai executives are divided over a potential tie-up with Apple, with some raising concerns about becoming a contract manufacturer — SEOUL/SAN FRANCISCO (Reuters) - Executives in Hyundai Motor Co Group are divided over a potential tie-up with Apple Inc, with some raising concerns … | Wall Street Journal: |
Investigators say suspected Russian hack extends far beyond SolarWinds, with ~30% of the victims having no connection to the software — Roughly 30% of victims are said to have no connection to the network-management company's tainted software — Investigators probing a massive hack …
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Ars Technica, Bloomberg, ZDNet, and AppleInsider
Tweets: @dnvolz, @hatr, @biannagolodryga, @campuscodi, @kevinmaddendc, @ericgeller, and @rebeccaballhaus
| Geoffrey Fowler / Washington Post: |
A spot check finds a number of apps in Apple's App Store with inaccurate privacy nutrition labels that understate the amount of data they collect — Apple's plan to make iPhone apps be transparent about the data they take falls short of being helpful — or even accurate — You can trust Apple ... right?
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AppleInsider, MacRumors, iMore, 9to5Mac, Pocketnow, iDownloadBlog.com, Apple Terminal, and iPhone Hacks
Tweets: @geoffreyfowler and @_inside
| 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 …
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Axios, TechRadar, The Verge, and Engadget
Tweets: @mikeisaac, @thekarachikid, @econ_marshall, @quinnypig, @z_everson, @allnick, @halophoenix, @minimaxir, @robpegoraro, @tedstein, @rmondello, @hamishmckenzie, @ndimichino, @juddlegum, @jeffhauser, @seldo, @sarafischer, @arielbogle, @bradesposito, @kirstinestewart, @morninggloria, @parismarx, @ismh, @fed_speak, @ireneista, @samebrewster, @lainnafader, @eiffeltyler, @simonowens, @mgsiegler, @allen, @davechensky, @karaswisher, @thekendallbaker, @chronotope, @sdw, @skamille, @caseynewton, @kantrowitz, @rafat, @laurengoode, @mobute, @kimmaicutler, @athertonkd, @brandyljensen, and @daveleeft
| Mike Peterson / AppleInsider: |
Canalys: iPad shipments grew 40% YoY to 19.2M in Q4 2020 and across all of 2020 Apple shipped 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.| 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 …
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Project Zero, SecurityWeek, Security Boulevard, Slashdot, The Hacker News, Threatpost, and iPhone in Canada Blog
Tweets: @rockbruno_, @stroughtonsmith, @campuscodi, and @virusbtn
| Megan Graham / CNBC: |
Facebook says it will begin testing “topic exclusion” controls that would help advertisers stop running ads next to topics they want to avoid in News Feed — - Facebook is building tools to help advertisers keep their ad placements away from certain topics in its News Feed.
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Axios, Facebook, Search Engine Land, Reuters, and The Hill
Tweets: @pressgazette, @scout_finch, and @mattnavarra
| 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 …
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Epic Games, Thurrott, VG247, TechRadar, PCMag, and Destructoid
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