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January 29, 2021, 3:05 PM
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memeorandum
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| New York Times: |
Robinhood says it raised emergency funding of $1B+ from its existing investors, as it faces an onslaught of demands on its cash amid a 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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Bloomberg, Gizmodo, NPR, 9to5Mac, Wall Street Journal, Reuters, CNBC, Fast Company, Forbes, Decrypt, SlashGear, Engadget, PYMNTS.com, TIME, Data Driven Investor, TechCrunch, Daring Fireball, Fortune, Newser, Cryptonews, coinspeaker.com, Lifehacker, Crypto Briefing, BGR, Business Insider, and TechRadar
Tweets: @zackkanter, @jamessurowiecki, @jamessurowiecki, @rmac18, @rmac18, @carnage4life, @danprimack, @dellcam, @benthompson, and @billpascrell
| 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 …, Decrypt, PCMag, CNBC, theblockcrypto.com, and TechCrunch
Tweets: @robinhoodapp, @senwarren, @hshaban, @jessefelder, @bgurley, @business, @w7voa, @bloombergtv, @fercany, @nekiasnba, @tubegrowth, @davidshepardson, @business, @thestreet, and @adrianna_mdz
| 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, CoinDesk, PYMNTS.com, Coin Journal, Cointelegraph, CryptoGlobe, KnowTechie, New York Post, and Decrypt
Tweets: @jennfranconews, @orcainthecourt, @tomwarren, and @alltheway08
| Jacob Kastrenakes / The Verge: |
Robinhood says it didn't proactively sell shares of GameStop, AMC, or any other buzzworthy stocks without traders' permission, denying claims made by some users — Traders say they intended to keep holding — No, Robinhood tells The Verge, it didn't sell off full shares of GameStop …
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Wall Street Journal, Protocol, CNBC, and New York Times
Tweets: @sequoia, @arkhondh, @jarule, @nope_its_lily, @sts_news, @nfergus, @jeremyjojola, @theauthorguy, @tomaskenn, @netnobody, @longshorttrader, @pkafka, @mims, @octofinance, @helenkennedy, and @mims
| 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, @rashidatlaib, @dellcam, @khoustephanie, @jbarro, @mrjustinbarclay, @thedextriarchy, @ashbennington, and @tomzellerjr
| Wall Street Journal: |
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TK News. Tweets: @gelles, @rkrigney, @eliotwb, @austinhunt, @lucasmtny, @chrislhayes, @srussolillo, @rxfaro, @phatmike9, @davecbenoit, @wsj, @jasonzweigwsj, and @emanuelderman
| Paresh Dave / Reuters: |
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New York Times, Reclaim The Net, Gizmodo, Axios, Forbes, and CNBC
| Akane Otani / Wall Street Journal: |
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INSIDER, Polygon, Business Insider, and CNBC
Tweets: @rabbishmuley, @rwhelanwsj, @karaswisher, @themaxburns, and @maxkennerly
| Tucker Higgins / CNBC: |
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VICE. Tweets: @tedcruz, @newyorkstateag, @carolmassar, @senmikelee, @llchristyll, @olaasm, @danrolle, @kellymakena, @_semahernandez_, @rokhanna, @issielapowsky, @emmakinery, and @jalter
| Darrell Etherington / TechCrunch: |
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Protocol and New York Times
Tweets: @zguz, @motherboard, @webullglobal, @public, @webullglobal, @panzer, @zguz, and @mathewi
| Ben Schoon / 9to5Google: |
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Gizmodo, The Verge, New York Times, 9to5Mac, HotHardware.com News, VICE, Cointelegraph, CNET, Game Rant, New York Post, CNBC, BBC, Forbes, Android Authority, and Business Insider
Tweets: @slasher, @teroterotero, @austin_rief, @salem4congress, @ayeshaasiddiqi, and @shwoolley
| Russell Brandom / The Verge: |
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Under the Hood, CNBC, Ars Technica, NPR, Reuters, Reclaim The Net, CNN, CNET, TechRadar, BitcoinExchangeGuide, and USA Today
Tweets: @gamespot, @hshaban, @jason_koebler, @vladtenev, @davidgokhshtein, @nichboy, @caseyjohnston, @davidsacks, @rbreich, @balajis, @robzacny, @kristineowram, @imranzomg, @tomgara, @justinkan, @michaelpachter, @mizteefranklin, @bennettjonah, @pascalbouvier, @maxwinebach, @mims, and @jeffjohnroberts
| 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 …
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Ars Technica, Bloomberg, ZDNet, and AppleInsider
Tweets: @dnvolz, @hatr, @biannagolodryga, @campuscodi, @kevinmaddendc, @ericgeller, and @rebeccaballhaus
| 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 … | 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?
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AppleInsider, MacRumors, iMore, 9to5Mac, Pocketnow, iDownloadBlog.com, Apple Terminal, and iPhone Hacks
Tweets: @geoffreyfowler and @_inside
| 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 …
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Axios, TechRadar, The Verge, and Engadget
Tweets: @mikeisaac, @econ_marshall, @caseynewton, @quinnypig, @z_everson, @allnick, @halophoenix, @minimaxir, @robpegoraro, @tedstein, @rmondello, @hamishmckenzie, @ndimichino, @juddlegum, @jeffhauser, @laurengoode, @seldo, @sarafischer, @arielbogle, @bradesposito, @kirstinestewart, @morninggloria, @parismarx, @ismh, @fed_speak, @ireneista, @samebrewster, @lainnafader, @eiffeltyler, @simonowens, @mgsiegler, @allen, @rafat, @davechensky, @karaswisher, @thekendallbaker, @kantrowitz, @chronotope, @sdw, @skamille, @mobute, @kimmaicutler, @athertonkd, @brandyljensen, and @daveleeft
| 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.| 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, The Hacker News, Threatpost, and iPhone in Canada Blog
Tweets: @rockbruno_, @stroughtonsmith, @campuscodi, and @virusbtn
| Megan Graham / CNBC: |
Facebook says it will begin testing “topic exclusion” controls that would help advertisers stop running ads next to topics they want to avoid in News Feed — - Facebook is building tools to help advertisers keep their ad placements away from certain topics in its News Feed.
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Axios, Facebook, Search Engine Land, Reuters, and The Hill
Tweets: @pressgazette, @scout_finch, and @mattnavarra
| 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 …
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Epic Games, Thurrott, VG247, TechRadar, Gearburn, PCMag, MCV/DEVELOP, and Destructoid
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