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January 27, 2021, 10:05 PM
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| 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.
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Tweets: @jeneps, @alibreland, @ericbalchunas, @hshaban, @cirnoplusplus, @slasher, @alexstamos, @senwarren, @mattzeitlin, @asymco, @thestalwart, @haymarketbooks, @zeithistoriker, @tomgara, @thestalwart, @mmasnick, @charliebilello, @edmundlee, @syndicate, @brandyljensen, @broderick, @b_fung, @mannyfidel, @jordanuhl, @johnsemley3000, @francisokc, @barry, @financialtimes, @iowahawkblog, @tysonbrody, @miriamelder, @thestalwart, @thestalwart, @grady_booch, @jyarow, @mattyglesias, @axios, @oneunderscore__, @fakemikemulloy, @kylekulinski, @pwnallthethings, @eeberquist, @antoniogm, @b_fung, @broderick, @malwaretechblog, @reckless, @ohheckerman, @theepicdept, @romwidme, @blindside233, @senwarren, @malwaretechblog, @senwarren, @sub8u, @levie, @bdsams, @oneunderscore__, @tomgara, @obrien, @ositanwanevu, @nuffsaidny, @catholicdad420, @cnbc, @anthony, @libertyrpf, @bopinion, @countdankulatv, @rustybrick, @hshaban, and @tomgara
| 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 …
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Tweets: @elonmusk, @josephpalbanese, @miakhalifa, @passionweiss, @jyarow, @jsccounterpunch, @sarahljaffe, @clairlemon, @wongmjane, @alexstamos, and @alexstamos
| 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 …
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The Verge, CNBC, Forbes, South China Morning Post, Engadget, Business Insider, The Hill, Bloomberg, Decrypt, Bloomberg, Gizmodo, TechCrunch, Input, Reclaim The Net, and Mashable
Tweets: @slasher, @ericlevitz, @coopercooperco, @kamilumin, @slasher, @thestalwart, @my2k, @grummz, @mcclure111, @lanceulanoff, @slasher, @shawngorlando, @macaesbruno, @kellymakena, and @xychelsea
| Bloomberg: |
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Tweets: @slasher, @jmountfordfp, @cnbcnow, @cesveez, @sciguyspace, @alexwhitcomb, @chrismessina, @josephfcox, @chrismessina, @spiritnght, @stokel, and @cnbc
| 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
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Financial Times, SiliconANGLE, ZDNet, Thurrott, Six Colors, Ars Technica, Gizmodo, AppleInsider, The Hill, MacRumors, Macworld, HotHardware.com News, TechRadar, CNBC, 9to5Mac, iMore, TechCrunch, MakeUseOf, TidBITS, Fast Company, Trusted Reviews, Apple Terminal, Philip Elmer‑DeWitt, MacDailyNews, and iDownloadBlog.com
Tweets: @stephennellis, @neilcybart, @neilcybart, @joannastern, @cnbc, @joannastern, @benbajarin, @adamnash, @reckless, @benbajarin, @jpeguin, @asymco, @howardlindzon, @tomwarren, @mcwm, @chriswelch, @jsnell, @cdespinosa, @asymco, @chriskeall, and @jsnell
| 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.
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CNBC, The Verge, 9to5Mac, Reuters, AppleInsider, Business Insider, The Guardian, MacRumors, MacRumors, The Verge, 9to5Mac, iMore, Engadget, MacRumors, and MacStories
Tweets: @denverbitcoin, @patrickmcgee_, @asymco, @michaelzimmer, and @asymco
| 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 …
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9to5Mac, ZDNet, AppleInsider, MacRumors, MacRumors, and TechRadar
Tweets: @neilcybart, @neilcybart, @caro_milanesi, and @caro_milanesi
| 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.
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TechCrunch, New York Times, SiliconANGLE, CNET, UploadVR, CNN, Android Central, The Verge, Bloomberg, Axios, Agence France-Presse, CNBC, MarketWatch, Business Insider, Business Insider, and Deadline
Tweets: @sarahfrier, @kurtwagner8, @sarahfrier, @kurtwagner8, @benedictevans, @shiraovide, @sarthakgh, @jonerlichman, @baekdal, @zerohedge, @zerohedge, @luca, and @jason_kint
| Salvador Rodriguez / CNBC: |
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Gizmodo, AdExchanger, Engadget, CNET, The Guardian, ZDNet, Engadget, SiliconANGLE, Financial Times, Fast Company, Yahoo Finance, Reuters, and Variety
Tweets: @jason_kint, @megancgraham, and @alexeheath
| 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.
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The Keyword, HotHardware.com News, 9to5Mac, SlashGear, MacRumors, support.google.com, iDownloadBlog.com, and Neowin
Tweets: @ourielohayon, @gerryconway, @wolfiechristl, @drbarnard, and @alexdbauer. Thanks:@reliant_bryant
| John Gruber / Daring Fireball: |
After saying on Jan. 5 that it would add Apple's privacy labels to its apps “this week or the next week”, Google's flagship apps still do not have the labels — Juli Clover, writing a week ago at MacRumors: … One week later and still, none of Google's flagship apps have privacy nutrition info.
| 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| 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: |
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MacRumors, AppleInsider, Washington Post, ZDNet, iTnews, The Next Web, and Marketing Tech News
| 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 …
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The Verge, iMore, AppleInsider, Financial Times, MacRumors, MacDailyNews, 9to5Mac, and Pocketnow
Tweets: @robertalanward and @nikkeiasia
| 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 … | Maziar Motamedi / Al Jazeera: |
Iran blocks Signal after Iranians flocked to the messaging service due to privacy concerns about WhatsApp — With Signal shut down, WhatsApp and Instagram remain the only two unblocked major social media platforms. — Tehran, Iran - Iran's government has moved to block Signal … | Cory Weinberg / The Information: |
Sources: Bird is finalizing a deal to raise $100M in convertible debt, led by Sequoia Capital and Valor Equity, amid discussions about going public via SPAC — The scooter operators already were struggling when Covid-19 hit, robbing them of customers. As the companies position themselves …
Tweets: @thekenyeung and @theinformation
| 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 …
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CNET, Bloomberg, Samsung Global Newsroom, The Korea Herald, and Samsung Electronics
| 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 … | 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 …
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Tech in Asia
| Jai Vardhan / Entrackr: |
Sources: ByteDance has decided to wrap up its India operations and is laying off 90%, or over 1,800 employees, following India's permanent ban on TikTok — Bytedance has decided to wrap up its India operations and is cutting a large chunk of its employee base citing an absence of a clear direction … | Tony Romm / Washington Post: |
Pressure is rising on Biden's administration to revive net neutrality, which may be difficult while the FCC is deadlocked with two Democrats and two Republicans — The party is under pressure to deliver on its past promises to restore open-Internet protections, but doing so — at least at first — may not be easy
Tweets: @tonyromm and @evan_greer
| Ashley Carman / The Verge: |
Instagram updates its interface for Stories on desktop, adding a carousel that shows upcoming previews and what just played — See what stories are up next — Instagram is making its Stories feature more complete on the desktop. In a small interface refresh today …
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iMore
| 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.
Tweets: @jshilad, @gwbstr, @techwontsaveus, and @bradstone
| 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 … Sponsor Posts
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CIO challenge 5: Can we find an effective solution that also minimizes operational costs? — Welcome to the next and final installment of our CIO series! After what feels like a thousand cups of coffee …
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