Techmeme
January 28, 2021, 1:20 PM

Top News

Maggie Fitzgerald / CNBC:
Jordan Pearson / VICE:
According to a pop-up on Robinhood's app homepage, 56% of its users own at least some GameStop stock  —  With the market in chaos, even Robinhood has now turned on retail investors pumping dark horse stocks.  —  Jordan Pearson  —  Robinhood, the fee-free investment app that has helped Redditors …
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 …
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.
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 …
Michael Potuck / 9to5Mac:
Tim Cook tells EU data protection conference 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 …
Megan Graham / CNBC:
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 …
Ingrid Lunden / TechCrunch:
Facebook adds opt-in biometric fingerprint, face, or iris scan authentication for WhatsApp on desktop or web  —  WhatsApp, the Facebook-owned popular messaging app with more than 2 billion users, has been getting a lot of heat and losing users in recent weeks after announcing (and then delaying) changes to how it uses your data.
Kif Leswing / CNBC:
IDC says Apple has shipped 90.1M iPhones in Q1, the largest number of shipments in a single quarter since IDC started tracking smartphones  —  - The iPhone is booming: Sales were up 17% year-over-year to a whopping $65.6 billion in a single quarter.  — Research firm IDC estimates …
Apple:
TechCrunch:
Apple says its App Tracking Transparency feature, which will be enabled by default, will roll out with iOS 14, iPadOS 14, and tvOS 14 updates in early spring  —  Apple has shared a few more details about its much-discussed privacy changes in iOS 14.  The company first announced at WWDC …
Danny Palmer / ZDNet:
Europol, the FBI, and other law enforcement agencies worldwide have seized control of malware botnet Emotet's infrastructure and disrupted it from the inside  —  Europol and FBI among agencies that have taken control of the botnet infrastructure used by cyber criminals behind some of the most prolific malware and ransomware attacks.
Christine Hall / Crunchbase News:
Ireland-based “buy now, pay later” service Scalapay raises $48M in seed led by Fasanara Capital  —  Fintech startup Scalapay secured $48 million in a seed round that included debt and convertible notes to roll out its “buy now, pay later” platform in Europe.  —  Subscribe to the Crunchbase Daily
Bloomberg:
SoftBank says it will invest $100M in Miami-based tech companies; PitchBook says the region attracted $1.06B in venture investment last year  —  SoftBank Group Corp. committed $100 million in funding for companies in the Miami area, bolstering a beach-side metropolis that has been aggressively courting …
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.

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
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 …
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Ride Home:
Wed. 11/20 - AI To Read The Books
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:20 PM ET, January 28, 2021.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Salvador Rodriguez / CNBC: