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January 27, 2021, 7:15 PM
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| 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.
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Tweets: @jeneps, @alibreland, @ericbalchunas, @senwarren, @hshaban, @cirnoplusplus, @slasher, @alexstamos, @mattzeitlin, @asymco, @thestalwart, @haymarketbooks, @zeithistoriker, @tomgara, @thestalwart, @mmasnick, @charliebilello, @edmundlee, @brandyljensen, @broderick, @cnbc, @countdankulatv, @pattymo, @senwarren, @barry, @b_fung, @bopinion, @markets, @emilygorcenski, @jordanuhl, @johnsemley3000, @francisokc, @financialtimes, @tysonbrody, @miriamelder, @thestalwart, @thestalwart, @jyarow, @mattyglesias, @axios, @oneunderscore__, @fakemikemulloy, @kylekulinski, @pwnallthethings, @eeberquist, @antoniogm, @b_fung, @broderick, @malwaretechblog, @ohheckerman, @theepicdept, @romwidme, @blindside233, @malwaretechblog, @senwarren, @sub8u, @levie, @bdsams, @oneunderscore__, @tomgara, @obrien, @ositanwanevu, @nuffsaidny, @catholicdad420, @anthony, @libertyrpf, @rustybrick, @hshaban, @tomgara, @peterjhasson, @wsj, @bgurley, @carnage4life, @josephfcox, @respectablelaw, and @9_volt_
| Pippa Stevens / CNBC: |
As Reddit's r/WallStreetBets pushes GameStop's stock to record levels, other stocks mentioned in the subreddit surge, like AMC, which closed up 300%+ — - Shares of AMC Entertainment jumped more than 300% at the opening bell on Wednesday. — In addition to GameStop …
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Washington Post, Yahoo Finance, Bloomberg, CNN, Hollywood Reporter, The Verge, PCMag, New York Times, CNET, PC Gamer, CNBC, Fintech Today, Kotaku, CNBC, New Republic, Polygon, Crowdfund Insider, and New York Post
Tweets: @elonmusk, @josephpalbanese, @passionweiss, @jyarow, @miakhalifa, @wongmjane, @alexstamos, @alexstamos, and @tonyromm
| Jay Peters / The Verge: |
r/WallStreetBets has been made private, after Discord banned the r/WallStreetBets server for hate speech violations — Some people also say they've lost their previous access — The WallStreetBets subreddit, which has seen a significant increase in attention in recent days following …
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The Verge and TechCrunch
Tweets: @slasher, @my2k, @grummz, @mcclure111, @lanceulanoff, @slasher, @xychelsea, and @zerohedge
| Bloomberg: |
A wide range of online brokerage services, including Robinhood, E*Trade, and Fidelity, experienced service outages on Wednesday during GameStop trading frenzy — - Multiple online brokerages in U.S. hit by service disruptions — Schwab says it's seeing ‘heightened trading across the market’
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CNBC, PYMNTS.com, and Crowdfund Insider
Tweets: @cnbcnow, @slasher, @jmountfordfp, @cnbc, @cesveez, @alexwhitcomb, @chrismessina, @josephfcox, @chrismessina, @spiritnght, @stokel, and @defiwhale1
| Apple: |
Apple reports Q1 revenue of $111.4B, up 21% YoY, with international sales making up 64% of Q1 revenue; iPhone, Wearables, and Services set new revenue records — Revenue up 21 percent and EPS up 35 percent to new all-time records — iPhone, Wearables, and Services set new revenue records
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Financial Times, Six Colors, The Hill, MacRumors, Macworld, 9to5Mac, HotHardware.com News, ZDNet, AppleInsider, TechCrunch, MacRumors, Axios, CNBC, Fast Company, Trusted Reviews, SlashGear, Neowin, iDownloadBlog.com, Apple Terminal, iPhone Hacks, phonearena.com, MacDailyNews, Philip Elmer‑DeWitt, and iMore
Tweets: @cnbc, @joannastern, @adamnash, @benbajarin, @iansherr, @jsnell, @jsnell, @olifranklin, @levie, @reckless, @chriswelch, @chriskeall, @jpeguin, @cdespinosa, @tiernanraytech, @asymco, @howardlindzon, @tomwarren, and @mcwm
| Chance Miller / 9to5Mac: |
Apple's Q1 net income was $28.8B, up from $22.2B YoY; revenue for iPhone was $65.6B, up from $56B YoY, Mac was $8.7B, up from $7.2B, and Services grew to $15.8B — Apple (AAPL) has officially reported its earnings for Q1 2021, covering the lucrative holiday shopping season.
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CNBC, The Verge, 9to5Mac, The Guardian, MacRumors, The Verge, Engadget, iPhone Hacks, iDownloadBlog.com, MacStories, Six Colors, and iMore
Tweets: @michaelzimmer, @patrickmcgee_, @apollozac, @asymco, and @asymco
| Stephen Nellis / Reuters: |
In an interview, Tim Cook says Apple has an active installed base of 1.65B devices, up from 1.5B a year ago, including an installed base of over 1B iPhones — (Reuters) - Apple Inc on Wednesday reported holiday quarter sales and profits that beat Wall Street expectations …
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9to5Mac, MacRumors, MacRumors, AppleInsider, TechRadar, iPhone Hacks, iDownloadBlog.com, and iMore
| 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.
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New York Times, SiliconANGLE, CNN, UploadVR, The Verge, TechCrunch, SiliconANGLE, CNET, Bloomberg, Axios, Business Insider, Agence France-Presse, MarketWatch, CityAM, Business Insider, and Deadline
Tweets: @sarahfrier, @kurtwagner8, @kurtwagner8, @sarahfrier, @benedictevans, @jonerlichman, @shiraovide, @zerohedge, and @zerohedge
| Salvador Rodriguez / CNBC: |
Mark Zuckerberg says Facebook will stop recommending civic and political groups to users permanently and is considering reducing political content in News Feeds — - Facebook CEO Mark Zuckerberg on Wednesday announced that the company will no longer recommend civic and political groups to its users.
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Axios and Engadget
Tweets: @karissabe, @epro, @awzurcher, @sivavaid, @sivavaid, @yunjid, @jjohnsonlaw, @slpng_giants, @fboversight, @sivavaid, and @rmac18
| Megan Graham / CNBC: |
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Washington Post, MacRumors, ZDNet, and Marketing Tech News
Tweets: @kurtwagner8, @martinsfp, @hkanji, @nickchilds, @fboversight, @redletterdave, @wongmjane, and @mikeisaac
| Salvador Rodriguez / CNBC: |
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The Guardian, ZDNet, Engadget, CNET, Financial Times, Reuters, Fast Company, CNBC, Yahoo Finance, and Variety
Tweets: @alexeheath, @alexeheath, @alexeheath, @cnbc, and @megancgraham
| Dean Takahashi / VentureBeat: |
Google details the impact of Apple's upcoming IDFA ad privacy changes, including reducing visibility into app install metrics and affecting bidding on some ads — Apple has prioritized user privacy over targeted advertising, and Google is spelling out today what that means for itself as well as game and app developers.
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The Keyword, HotHardware.com News, 9to5Mac, MacRumors, support.google.com, 9to5Google, iDownloadBlog.com, Neowin, Apple Terminal, AdExchanger, and Thurrott
Tweets: @gerryconway, @ourielohayon, @drbarnard, @alexdbauer, @deantak, and @eric_seufert. Thanks:@reliant_bryant
| John Gruber / Daring Fireball: |
After saying on Jan. 5 that it would add Apple's privacy labels to its apps “this week or the next week”, Google's flagship apps still do not have the labels — Juli Clover, writing a week ago at MacRumors: … One week later and still, none of Google's flagship apps have privacy nutrition info.
| Will Oremus / OneZero : |
How the social network Nextdoor is replacing local newspapers as a news and opinion hub, letting governments bypass the media and present a one-sided picture — While Facebook and Twitter get the scrutiny, Nextdoor is reshaping politics one neighborhood at a time| Nikkei Asia: |
Source: Apple is expanding production of iPhones, iPads, Macs, and other products in Vietnam and India, as the company increasingly shifts away from China — Move is part of wider shift from China that includes Macs, AirPods and more — TAIPEI — Apple is ramping up the production of iPhones …
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The Verge, Financial Times, MacRumors, CNET, phonearena.com, AppleInsider, TechCrunch, iMore, MacDailyNews, 9to5Mac, Pocketnow, Apple Must, and iPhone in Canada Blog
Tweets: @robertalanward and @nikkeiasia
| Chaim Gartenberg / The Verge: |
Amazon's Ring announces $60 Video Doorbell Wired, its cheapest and smallest doorbell, arriving on February 24 — Available on February 24th, with preorders starting today — Amazon's Ring has debuted its latest video doorbell, the (blandly named) Ring Video Doorbell Wired which, at $59.99 … | Cory Weinberg / The Information: |
Sources: Bird is finalizing a deal to raise $100M in convertible debt, led by Sequoia Capital and Valor Equity, amid discussions about going public via SPAC — The scooter operators already were struggling when Covid-19 hit, robbing them of customers. As the companies position themselves …
Tweets: @theinformation and @thekenyeung
| Jai Vardhan / Entrackr: |
Sources: ByteDance has decided to wrap up its India operations and is laying off 90%, or over 1,800 employees, following India's permanent ban on TikTok — Bytedance has decided to wrap up its India operations and is cutting a large chunk of its employee base citing an absence of a clear direction … | Ryan Gallagher / Bloomberg: |
Profile of PE firm Francisco Partners, whose portfolio includes companies like Sandvine and NSO Group, which have both pursued deals with authoritarian regimes — Don Bowman, co-founder of Sandvine Inc., was always aware of the risks his company's products posed.
Tweets: @jshilad, @gwbstr, @techwontsaveus, @rj_gallagher, @bradstone, @aaschapiro, and @elinor_carmi
| Tony Romm / Washington Post: |
Pressure is rising on Biden's administration to revive net neutrality, which may be difficult while the FCC is deadlocked with two Democrats and two Republicans — The party is under pressure to deliver on its past promises to restore open-Internet protections, but doing so — at least at first — may not be easy
Tweets: @tonyromm and @evan_greer
| Stef W. Kight / Axios: |
Survey of 852 US college students shows 51% say the government should do more to regulate major tech companies and 77% think social media has “too much” power — The next generation of college-educated Americans thinks social media companies have too much power and influence … | Bloomberg: |
Squarespace says it filed confidentially for an IPO in the US; the company was valued at $1.7B in December 2017 — Website-hosting service Squarespace Inc. said it submitted a draft filing to go public to the U.S. Securities and Exchange Commission. — Squarespace said in a statement Wednesday … | Maziar Motamedi / Al Jazeera: |
Iran blocks Signal after Iranians flocked to the messaging service due to privacy concerns about WhatsApp — With Signal shut down, WhatsApp and Instagram remain the only two unblocked major social media platforms. — Tehran, Iran - Iran's government has moved to block Signal … | Ashley Carman / The Verge: |
Instagram updates its interface for Stories on desktop, adding a carousel that shows upcoming previews and what just played — See what stories are up next — Instagram is making its Stories feature more complete on the desktop. In a small interface refresh today … | Ingrid Lunden / TechCrunch: |
DriveNets, which provides software-based routing tools to service providers, raises $208M Series B at a $1B+ valuation — People and businesses are relying on the internet to get things done more than ever before, an opportunity but also an infrastructure headache for service providers …
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VentureBeat, FinSMEs, and Geektime
| Sarah Jaffe / Wired: |
Behind the rise of Game Workers Unite, one of the first video game workers unions aimed at remedying grueling working conditions across the industry — What began as a Facebook group, and then a chat on Discord, soon became a massive campaign to remedy grueling working conditions across the industry.
Tweets: @wired, @gadgetlab, and @sarahljaffe
| Mike Butcher / TechCrunch: |
Booksy, a salon appointment app that also runs a marketplace for beauty products, raises $70M Series C led by Cat Rock, bringing its total raised to $119M — Beauty and wellness appointment booking apps have proliferated of the last few years, but it appears the race is still on as today one of the leaders …
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Sifted, Silicon Republic, Tech.eu, and PYMNTS.com
| Chaim Gartenberg / The Verge: |
New docs from Epic vs. Apple lawsuit reveal internal Apple discussions on fees to charge paid TV and streaming channels and how that may affect the App Store — In Apple and Epic's ongoing court battle over App Store fees, one of the key sticking points has been Apple's insistence on maintaining … Sponsor Posts
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