Techmeme
January 30, 2021, 12:15 AM

Top News

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.”
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 …
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 …
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?
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.
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 …
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.
Ben Schoon / 9to5Google:
Jacob Kastrenakes / The Verge:
Darrell Etherington / TechCrunch:
Paresh Dave / Reuters:
Russell Brandom / The Verge:
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.
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 some apps in Apple's App Store with inaccurate privacy “nutrition labels” that downplay how much data they send to Facebook, Google, others  —  Apple's plan to make iPhone apps be transparent about the data they take falls short of being helpful — or even accurate

Sponsor Posts

Airtable:
Meet Airtable ProductCentral  —  The unified solution for managing your entire product development process in the AI era.
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:
Zoho Forms for successful Black Friday sales  —  Black Friday is a retail frenzy that can significantly impact your bottom line.  To make the most of this shopping bonanza, you need a strategy that not only attracts customers …
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Ride Home:
Mon. 11/04 - Apple Buying And Investing In Things
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 12:15 AM ET, January 30, 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

Theodore Schleifer / Vox:
Nick Statt / The Verge:

Earlier Picks

Megan Graham / CNBC:
Wall Street Journal:
Russell Brandom / The Verge:
Mike Isaac / New York Times:
Catalin Cimpanu / ZDNet: