Techmeme
January 28, 2021, 5:30 PM

Top News

Maggie Fitzgerald / CNBC:
Tom Warren / The Verge:
Discord says r/WallStreetBets members have set up a new server and Discord is helping them with moderation and management of rapid growth  —  A surprising change of events  —  Discord is now helping the r/WallStreetBets team moderate its new server.  The company originally banned …
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.
Russell Brandom / The Verge:
Darrell Etherington / TechCrunch:
Webull and Public, which restricted transactions of some stocks, cite costs of settling the trades with Apex as the cause and have now removed all restrictions  —  Three of the popular retail stock market trading apps that have hosted much of the activity related to the Wall Street Bets subreddit-spurred run …
Tucker Higgins / CNBC:
Lawmakers, including AOC and Ted Cruz, criticize Robinhood; Reps. from both the Senate and House say they will hold hearings on the state of the stock market  —  - AOC, Ted Cruz, Ro Khanna and other lawmakers criticized Robinhood after it restricted trading in GameStop and other companies targeted …
Ryan Browne / CNBC:
The Information:
Sources: Facebook is preparing an antitrust lawsuit against Apple for forcing developers to abide by App Store rules that Apple's own apps don't have to follow  —  A long-simmering public dispute between Facebook and Apple has neared a boiling point.  With the aid of outside legal counsel …
Michael Potuck / 9to5Mac:
Tim Cook tells EU data protection conference 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 …
Megan Graham / CNBC:
Dylan Byers / NBC News:
Facebook's Oversight Board issues first-ever rulings, which Facebook said it will abide by, overturning four out of the five cases it reviewed  —  Facebook's Oversight Board on Thursday issued its first round of decisions, overturning several of the company's decisions to remove posts …
TechCrunch:
Apple says its App Tracking Transparency feature, which will be enabled by default, will roll out with iOS 14, iPadOS 14, and tvOS 14 updates in early spring  —  Apple has shared a few more details about its much-discussed privacy changes in iOS 14.  The company first announced at WWDC …
Ingrid Lunden / TechCrunch:
Facebook adds opt-in biometric fingerprint, face, or iris scan authentication for WhatsApp on desktop or web  —  WhatsApp, the Facebook-owned popular messaging app with more than 2 billion users, has been getting a lot of heat and losing users in recent weeks after announcing (and then delaying) changes to how it uses your data.
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 …
Ben Schoon / 9to5Google:
Telegram launches a tool to let users import chat history from WhatsApp, Line, or KakaoTalk on Android and iOS  —  This year has seen a spike in interest for secure messaging apps and one of our favorites, Telegram, is seizing the oppurtunity.  With its latest update, Telegram is introducing …
Kif Leswing / CNBC:
IDC says Apple has shipped 90.1M iPhones in Q1, the largest number of shipments in a single quarter since IDC started tracking smartphones  —  - The iPhone is booming: Sales were up 17% year-over-year to a whopping $65.6 billion in a single quarter.  — Research firm IDC estimates …
Bijan Stephen / The Verge:
YouTube is testing the ability to make short clips, from 5 to 60 seconds, of livestreams or videos, starting today on desktop and Android devices  —  Another standard live-streaming feature makes its way over to the online video giant  —  YouTube is introducing clipping …
Danny Palmer / ZDNet:
Europol, the FBI, and other law enforcement agencies worldwide have seized control of malware botnet Emotet's infrastructure and disrupted it from the inside  —  Europol and FBI among agencies that have taken control of the botnet infrastructure used by cyber criminals behind some of the most prolific malware and ransomware attacks.

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