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January 29, 2021, 11:15 AM
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memeorandum
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| New York Times: |
Robinhood says it raised an emergency infusion of over $1B from its existing investors, facing an onslaught of demands on its cash amid the 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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Margins, Gizmodo, Forbes, Decrypt, TechCrunch, Engadget, Lifehacker, Wall Street Journal, Newser, CNBC, Cryptonews, Engadget, BGR, TechRadar, Business Insider, and Variety
Tweets: @zackkanter, @danprimack, @jamessurowiecki, @rmac18, @rmac18, @carnage4life, @dellcam, and @benthompson
| 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 …, theblockcrypto.com, TechCrunch, CNBC, and Cointelegraph
Tweets: @w7voa, @davidshepardson, @thestreet, @adrianna_mdz, @tubegrowth, @business, @bloombergtv, @fercany, @nekiasnba, and @business
| 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, Decrypt, Reuters, New York Post, KnowTechie, CryptoGlobe, Coin Journal, and Cointelegraph. Tweets: @alltheway08
| Russell Brandom / The Verge: |
Robinhood to allow “limited buys” on restricted stocks from Friday, says halting purchases was a risk-management decision and not a response to outside pressure — Halting purchases was ‘a risk management decision,’ the company said in a blog post| Paresh Dave / Reuters: |
Facebook took down the “Robinhood Stock Traders” Group with 157K users; a notification said the Group violated polices on “adult sexual exploitation” — (Reuters) - Facebook Inc took down a popular Wall Street discussion group, Robinhood Stock Traders …
More:
Forbes and Gizmodo
Tweets: @yoalexrapz, @virushuo, @reclaimerrob, @caseynewton, @ggreenwald, @ggreenwald, @subtooptimus, @ggreenwald, @brianroemmele, and @jasonaten
| Maggie Fitzgerald / CNBC: |
Robinhood says due to “recent volatility” it is restricting trading in some stocks, including GameStop, AMC, BlackBerry, and Nokia, to “position closing only” — Amid the flurry of speculative activity in GameStop, brokers took steps to restrict the trading …
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Wall Street Journal, VICE, USA Today, Decrypt, New York Times, MakeUseOf, IGN, The Ringer, KnowTechie, and Fast Company
Tweets: @tedcruz, @aoc, @sequoia, @arkhondh, @chamath, @robinhoodapp, @motherboard, @slasher, @jarule, @rashidatlaib, @dellcam, @panzer, @casey, @bgurley, @rachelmetz, @dellcam, @jason_koebler, @austin_rief, @vladtenev, @themaxburns, @poorlyagedstuff, @rokhanna, @balajis, @matthewstoller, @markruffalo, @reddit, @panzer, @eddiezipperer, @rbreich, @billpascrell, @robzacny, @bigblackjacobin, @tedlieu, @arjunsethi, @film_girl, @dellcam, @bgurley, @itsdansheehan, @arjunsethi, @gartenberg, @jasonaten, and @emmakinery
| Bloomberg: |
Sources: Robinhood has drawn down some of its credit lines with banks, tapping at least several hundred million dollars — Robinhood Markets, the trading app that's popular with investors behind some of this month's wildest stock swings, has drawn down some of its credit lines with banks …
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VICE, CNBC, and PYMNTS.com
Tweets: @fmanjoo, @northmantrader, @balajis, @gerberkawasaki, @thestalwart, @jacob__posts, and @litcapital
| Ben Schoon / 9to5Google: |
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The Verge, BBC, CNBC, CNET, Game Rant, 9to5Mac, Business Insider, Android Authority, KnowTechie, Cointelegraph, and coinspeaker.com
Tweets: @salem4congress and @ayeshaasiddiqi
| Akane Otani / Wall Street Journal: |
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INSIDER, Business Insider, and Bloomberg
Tweets: @rabbishmuley, @rwhelanwsj, @karaswisher, @eringriffith, and @schwarz
| Misyrlena Egkolfopoulou / Bloomberg: |
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Bloomberg and Bloomberg
Tweets: @khoustephanie, @jbarro, @ashbennington, @tomzellerjr, @ashbennington, @lklatt11, @devlinbarrett, @bw, @brianroemmele, @themaxburns, and @themaxburns
| Darrell Etherington / TechCrunch: |
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CNBC, Fast Company, and CNET
Tweets: @zguz, @webullglobal, @public, @webullglobal, @zguz, @panzer, @mathewi, @panzer, @jgreco, @cfarivar, @matthewstoller, @alexeheath, @panzer, and @panzer
| Tucker Higgins / CNBC: |
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VICE. Tweets: @newyorkstateag, @senmikelee, @carolmassar, @llchristyll, @issielapowsky, @kellymakena, @_semahernandez_, @emmakinery, @danrolle, @olaasm, @jalter, @hshaban, @rakeshlobster, @senwarren, @elwasson, @cnbc, and @iansherr
| 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 …
More:
Axios, TechRadar, and The Verge
Tweets: @mikeisaac, @econ_marshall, @caseynewton, @quinnypig, @z_everson, @daveleeft, @allnick, @halophoenix, @minimaxir, @robpegoraro, @tedstein, @mobute, @rmondello, @hamishmckenzie, @ndimichino, @juddlegum, @jeffhauser, @laurengoode, @seldo, @athertonkd, @arielbogle, @bradesposito, @kirstinestewart, @morninggloria, @parismarx, @ismh, @brandyljensen, @fed_speak, @ireneista, @samebrewster, @lainnafader, @eiffeltyler, @simonowens, @mgsiegler, @allen, @rafat, @davechensky, @karaswisher, @thekendallbaker, @kantrowitz, @sdw, @skamille, and @kimmaicutler
| 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, Slashdot, TechRadar, iPhone in Canada Blog, iPhone Hacks, MacDailyNews, Ubergizmo, and iMore
Tweets: @campuscodi and @ryanaraine
| 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.| 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 …
More:
9to5Mac, MakeUseOf, MacDailyNews, iPhone Hacks, Cult of Mac, AppleInsider, MacRumors, Patently Apple, and iMore
| 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 … | 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 …
More:
Epic Games, Thurrott, PCMag, Destructoid, TechRadar, VG247, Gearburn, and MCV/DEVELOP
| 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?
More:
9to5Mac, iPhone Hacks, and Apple Terminal
| Michael McSweeney / The Block: |
Coinbase officially announces its intent to become a public company via direct listing — Coinbase has made official its plan to go public by way of a direct listing, according to a blog post released Thursday by the U.S.-based crypto exchange. — “Coinbase Global, Inc. today announced …
More:
The Coinbase Blog, Crowdfund Insider, Cryptonews, Blockonomi, coinspeaker.com, Coin Journal, BitcoinExchangeGuide, SiliconANGLE, and Axios
Tweets: @yoda and @brianroemmele
| Lawrence Abrams / BleepingComputer: |
Microsoft reports it has “high confidence” the hacking campaign targeting infosec researchers is linked to ZINC, a DPRK-affiliated and state-sponsored group — Earlier this week, Google disclosed that a North Korean government-backed hacking group has been using social networks to target security researchers.
More:
Microsoft Security and Threatpost
Tweets: @msftsecintel, @timothys, @epakskape, and @campuscodi
| Michael Potuck / 9to5Mac: |
In an apparent swipe at Zuckerberg, Tim Cook says 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 …
More:
YouTube, CNET, Protocol, MacRumors, Engadget, 9to5Mac, Wccftech, The Guardian, Business Insider, GQ, and The Overspill
Tweets: @patrickmcgee_, @tim_cook, @jsnell, @pkafka, @martyswant, @stevekovach, @pt, @marcbodnick, @kifleswing, @pt, @defcon_5, @pt, @pt, @pkafka, @defcon_5, @pt, @snazzyq, @jeffnesbit, @lanceulanoff, @herrmanndigital, and @mikeelgan
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