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January 30, 2021, 7:55 AM
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| 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.”
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New York Times, New York Daily News, Kotaku, Input, Quartz, The Verge, and Ars Technica
Tweets: @nytimestech, @chrislhayes, @kellen_browning, @srussolillo, @gelles, @bgurley, @rkrigney, @eliotwb, @ampressman, @rxfaro, @carnage4life, @sarthakgh, @davidjlynch, @austinhunt, @phatmike9, @autismcapital, @lucasmtny, @seattletimes, @davecbenoit, @hshaban, @wsj, @jasonzweigwsj, @nytimes, @emanuelderman, @nathanielpopper, @marklittlenews, and @nytimes
| 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 …
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CNBC, TechCrunch, SlashGear, FinLedger, Daring Fireball, and Business Insider
Tweets: @edbott, @starfire2258, @reedgalen, @erichreimer, and @wheatpond
| 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?
More:
Reuters. Tweets: @doctorow, @lifewinning, @jwherrman, @cwarzel, @reckless, @rashaabdulla, @can, @dcherring, @awealthofcs, and @frankpasquale
| 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 …
More:
The Guardian. Tweets: @louwhiteman, @brooke, @ourielohayon, @robinhoodapp, @piercejohnston, @joshelman, @jason, @ourielohayon, @bgurley, @pitdesi, @amir, @barbariancap, and @qtrresearch
| 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.
Tweets: @aoc, @chamath, @robinhoodapp, @rashidatlaib, @tedlieu, @wongmjane, @thedextriarchy, @dellcam, @mrjustinbarclay, and @khoustephanie
| Jacob Kastrenakes / The Verge: |
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Wall Street Journal, CNBC, Ars Technica, New York Times, and Gizmodo
Tweets: @sequoia, @arkhondh, @jarule, @hshaban, @thenewsoncnbc, @stephenpunwasi, @yunli626, @jbarro, @means_tv, @sts_news, @nfergus, @jeremyjojola, @theauthorguy, @tomaskenn, @octofinance, @netnobody, @helenkennedy, @mims, @pkafka, @mims, @nope_its_lily, @longshorttrader, @rwhelanwsj, and @vladtenev
| Ben Schoon / 9to5Google: |
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New York Times, Better Programming, CNET, The Verge, TechCrunch, 9to5Mac, Input, Cointelegraph, Bitcoin Magazine, phonearena.com, The Hill, HotHardware.com News, NPR, BBC, and New York Post
Tweets: @gamespot, @slasher, @cnbc, @cnbc, @teroterotero, @tanvim, @thenewsoncnbc, @cnbc, @shwoolley, @ayeshaasiddiqi, and @gerberkawasaki
| Darrell Etherington / TechCrunch: |
More:
Bloomberg and CoinDesk
Tweets: @zguz, @motherboard, @webullglobal, @zguz, @public, and @webullglobal
| New York Times: |
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Gizmodo, CNBC, Wired, Wall Street Journal, CryptoSlate, Micky, PCMag, TechCrunch, Slate, Cryptonews, Fast Company, SlashGear, CNN, NPR, Data Driven Investor, PYMNTS.com, Protocol, Crypto Briefing, TIME, Fortune, Forbes, Decrypt, and Lifehacker
| Paresh Dave / Reuters: |
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The Information, New York Times, The Week, The Logic, Techdirt, Reclaim The Net, Business Insider, and INSIDER
Tweets: @timmaughan, @rachblevins, @damiengayle, and @paulnuki
| Ryan Browne / CNBC: |
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The Verge, CoinDesk, CoinDesk, Crypto Briefing, and PYMNTS.com
Tweets: @arjunkharpal, @kofinas, @jennfranconews, @orcainthecourt, @alltheway08, and @tomwarren
| 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 …
Source:
Canalys.com. More:
Canalys.com, Huawei Central, MacRumors, Gizchina, DigiTimes, DigiTimes, Daring Fireball, The Mac Observer, and Counterpoint Research
Tweets: @stevesi, @neilcybart, @neilcybart, @apple_tomorrow, and @neilcybart
| 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 …
More:
Business Wire, St. Louis Business Journal, St. Louis Post-Dispatch, Reuters, Wall Street Journal, PYMNTS.com, Axios, and Bloomberg. Tweets: @gordonswaby
| 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
More:
TechPP, Pocketnow, and phonearena.com
| 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.
Tweets: @db, @kifleswing, @sherman4949, @quinnypig, and @megancgraham
| 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 …
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Oversight Board, HotAir, NOEMA, theepochtimes.com, Sputnik News, Associated Press, ABC, Washington Examiner, PCMag, Gizmodo, TechCrunch, Politico, and WRAL TechWire
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