| Wall Street Journal: |
Profile of the trader known as DeepFuckingValue on r/WallStreetBets, who began investing in GameStop and explaining why in YouTube videos starting in mid-2019 — Trader known as DeepF—ingValue on the WallStreetBets forum helped turn the investing world upside down. “I didn't expect this.”| Mitchell Clark / The Verge: |
Robinhood has placed trade restrictions on more than 50 stocks as of Friday and limited the purchase of some stocks, like GameStop, to a single share — The company is giving us numbers for what ‘limited buys’ really means — Robinhood only wants users to have a limited number of shares … | 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 … | John Herrman / New York Times: |
Reddit's uncommon qualities as a community platform, inspiring nihilism and humor, may explain why r/WallStreetBets' growth feels reminiscent of r/The_Donald — Reddit communities grow powerful in plain sight. Why do they keep taking the world by surprise?| Under the Hood: |
Robinhood explains why it placed restrictions on certain securities over the past week, says its clearinghouse-mandated deposit for equities increased tenfold — With the extraordinary market activity this week, and the temporary restrictions we put in place on certain securities … | 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.| Jacob Kastrenakes / The Verge: |
| Ben Schoon / 9to5Google: |
| Darrell Etherington / TechCrunch: |
| New York Times: |
| Paresh Dave / Reuters: |
| Ryan Browne / CNBC: |
| Adam Satariano / New York Times: |
Graphika: Huawei officials retweeted messages from fake accounts on Twitter to spread a pro-5G influence campaign in Belgium; Huawei is investigating the claim — A covert online push to sway telecommunications policy in favor of the Chinese company may presage a new twist in social manipulation.| Catherine Shu / TechCrunch: |
Canalys: smartphone shipments in China fell 4% YoY to 84M in Q4 2020 and shipments for 2020 fell 11% YoY to 330M, as iPhone's share jumped from 15% to 18% YoY — The impact of United States government sanctions on Huawei is continuing to hurt the company and dampen overall smartphone shipments in China … | TechCrunch: |
Nerdy, which operates an online tutoring service, plans to go public via a SPAC merger at a valuation of $1.7B and plans to raise up to $750M with the deal — A gig economy-powered consumer edtech platform is heading to the New York Stock Exchange. — Edtech startup Nerdy … | Bloomberg: |
Filing: Xiaomi has sued US Defense and Treasury departments, after the DOD blacklisted the company thereby blocking US investors from buying Xiaomi's securities — - Pentagon had called it a ‘Communist Chinese military company’ — The move prohibits U.S. investors from buying Xiaomi's shares| Alex Sherman / CNBC: |
Speaking on Clubhouse, Reddit CEO Steve Huffman said his team monitors “Daily Active Shitheads” to make sure Reddit communities don't spiral out of control — - Reddit has taken the spotlight this week after community of investors ganged up to send GameStop and other heavily-shorted stocks soaring.| Nick Statt / The Verge: |
Facebook's Oversight Board is taking public comments on Facebook's decision to ban Trump and if it complied with “freedom of expression and human rights” — The board is taking submissions until February 5th — Facebook's Oversight Board, the independent body empowered to review … | Catalin Cimpanu / ZDNet: |
Clearsky researchers say Hezbollah's cyber unit Lebanese Cedar hacked 250+ unpatched Atlassian and Oracle servers at telecoms and ISPs in US, UK, Israel, more — Security firm Clearsky said they identified at least 250 servers hacked by Lebanese Cedar, a hacking group linked to the Hezbollah militant group.
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| Prachir Singh / Counterpoint Research: |
| Chloe Sorvino / Forbes: |
| Theodore Schleifer / Vox: |
| Megan Graham / CNBC: |
| Geoffrey Fowler / Washington Post: |
| Reuters: |
| Mike Isaac / New York Times: |