Techmeme
January 27, 2021, 6:05 PM

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.
More: CNBC, TechCrunch, TechCrunch, Wall Street Journal, Bloomberg, Bloomberg, Bloomberg, Bloomberg, Bloomberg, Forbes, Vox, Bloomberg, The Verge, CNN, The Verge, Windows Central, BuzzFeed News, Financial Times, New York Times, Business Insider, Bloomberg, The Verge, Hollywood Reporter, USA Today, CNET, CoinDesk, Bloomberg, Light Reading, CNBC, GameSpot, Gizmodo, The Logic, New York Post, VICE, TheStreet, Wall Street Journal, Kotaku, New York Post, Bloomberg, Los Angeles Times, The Wrap, iPhone in Canada Blog, Variety, Cointelegraph, BGR, Axios, Bloomberg, Fortune, and coinspeaker.com
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.
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:
Dean Takahashi / VentureBeat:
Google details the impact of Apple's upcoming IDFA ad privacy changes, including reducing visibility into app install metrics and affecting bidding on some ads  —  Apple has prioritized user privacy over targeted advertising, and Google is spelling out today what that means for itself as well as game and app developers.
Nikkei Asia:
Source: Apple is expanding production of iPhones, iPads, Macs, and other products in Vietnam and India, as the company increasingly shifts away from China  —  Move is part of wider shift from China that includes Macs, AirPods and more  —  TAIPEI — Apple is ramping up the production of iPhones …
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
Chaim Gartenberg / The Verge:
Amazon's Ring announces $60 Video Doorbell Wired, its cheapest and smallest doorbell, arriving on February 24  —  Available on February 24th, with preorders starting today  —  Amazon's Ring has debuted its latest video doorbell, the (blandly named) Ring Video Doorbell Wired which, at $59.99 …
Bloomberg:
Squarespace says it filed confidentially for an IPO in the US; the company was valued at $1.7B in December 2017  —  Website-hosting service Squarespace Inc. said it submitted a draft filing to go public to the U.S. Securities and Exchange Commission.  —  Squarespace said in a statement Wednesday …
Ryan Gallagher / Bloomberg:
Profile of PE firm Francisco Partners, whose portfolio includes companies like Sandvine and NSO Group, which have both pursued deals with authoritarian regimes  —  Don Bowman, co-founder of Sandvine Inc., was always aware of the risks his company's products posed.
Stef W. Kight / Axios:
Survey of 852 US college students shows 51% say the government should do more to regulate major tech companies and 77% think social media has “too much” power  —  The next generation of college-educated Americans thinks social media companies have too much power and influence …
Ingrid Lunden / TechCrunch:
DriveNets, which provides software-based routing tools to service providers, raises $208M Series B at a $1B+ valuation  —  People and businesses are relying on the internet to get things done more than ever before, an opportunity but also an infrastructure headache for service providers …
Catalin Cimpanu / ZDNet:
In today's iOS 14.4 update, Apple fixes three 0-days, tipped by an anonymous researcher, and acknowledges a report that they may have been exploited in the wild  —  Fixes come after Apple patched another set of three zero-days last November.  —  Apple has released today security updates …
Anna Kramer / Protocol:
Profile of Tracy Chou, diversity activist and founder of Block Party, which lets users filter out trolling and harassing Tweets so they can be reviewed later  —  When Tracy Chou decided to host a Reddit “Ask Me Anything” about online harassment over the summer, she knew it probably …
Ron Miller / TechCrunch:
Pinecone, which is developing a vector database to help build machine learning apps faster, raises $10M seed led by Wing Venture Capital  —  Pinecone, a new startup from the folks who helped launch Amazon SageMaker, has built a vector database that generates data in a specialized format …
More: SiliconANGLE and ZDNet

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Nick Statt / The Verge: