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January 29, 2021, 12:25 PM
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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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Gizmodo, Bloomberg, Forbes, Decrypt, TechCrunch, Lifehacker, Engadget, CNBC, Wall Street Journal, Newser, Cryptonews, Engadget, BGR, Cointelegraph, and TechRadar
Tweets: @zackkanter, @danprimack, @jamessurowiecki, @rmac18, @rmac18, @carnage4life, @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 …, theblockcrypto.com, TechCrunch, CNBC, Crypto Briefing, and Cointelegraph
Tweets: @bgurley, @w7voa, @davidshepardson, @thestreet, @adrianna_mdz, @tubegrowth, @business, @bloombergtv, @fercany, @nekiasnba, and @business
| 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.| 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, Decrypt, Reuters, New York Post, KnowTechie, Coin Journal, Cointelegraph, and CryptoGlobe
Tweets: @orcainthecourt, @alltheway08, and @tomwarren
| 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, New York Times, and CNBC
Tweets: @sequoia, @arkhondh, @jarule, @nope_its_lily, @jeremyjojola, @theauthorguy, @tomaskenn, @octofinance, @netnobody, @helenkennedy, and @longshorttrader
| Paresh Dave / Reuters: |
Facebook took down the “Robinhood Stock Traders” Group with 157K users; a notification said the Group violated polices on “adult sexual exploitation” — (Reuters) - Facebook Inc took down a popular Wall Street discussion group, Robinhood Stock Traders …
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CNBC, Gizmodo, and Forbes
Tweets: @yoalexrapz, @virushuo, @reclaimerrob, @caseynewton, @ggreenwald, @ggreenwald, @subtooptimus, @ggreenwald, @brianroemmele, and @jasonaten
| Bloomberg: |
Sources: Robinhood has drawn down some of its credit lines with banks, tapping at least several hundred million dollars — Robinhood Markets, the trading app that's popular with investors behind some of this month's wildest stock swings, has drawn down some of its credit lines with banks …
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CNET, VICE, Bloomberg, CNBC, and PYMNTS.com
Tweets: @fmanjoo, @northmantrader, @balajis, @gerberkawasaki, @matthewstoller, @thestalwart, @jacob__posts, and @litcapital
| Tucker Higgins / CNBC: |
Lawmakers, including AOC and Ted Cruz, criticize Robinhood; Dem leaders from 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 …
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VICE. Tweets: @tedcruz, @newyorkstateag, @senmikelee, @carolmassar, @llchristyll, @danrolle, @olaasm, @kellymakena, @_semahernandez_, @rokhanna, @issielapowsky, @emmakinery, @jalter, @hshaban, @rakeshlobster, @senwarren, @elwasson, @cnbc, and @iansherr
| Russell Brandom / The Verge: |
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Under the Hood, CNBC, Reuters, BitcoinExchangeGuide, CNN, TechRadar, and CNET
Tweets: @gamespot, @jason_koebler, @vladtenev, @davidgokhshtein, @nichboy, @caseyjohnston, @balajis, @rbreich, @robzacny, @kristineowram, @imranzomg, @tomgara, @justinkan, @michaelpachter, @mizteefranklin, @bennettjonah, @pascalbouvier, @maxwinebach, @mims, @jeffjohnroberts, @film_girl, @tedlieu, @dellcam, and @bgurley
| Ben Schoon / 9to5Google: |
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The Verge, VICE, Game Rant, BBC, 9to5Mac, KnowTechie, Business Insider, Fast Company, Android Authority, Forbes, and coinspeaker.com
Tweets: @motherboard, @slasher, @shwoolley, @austin_rief, @salem4congress, @ayeshaasiddiqi, and @panzer
| Akane Otani / Wall Street Journal: |
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INSIDER, Business Insider, and Bloomberg
Tweets: @themaxburns, @rabbishmuley, @rwhelanwsj, @karaswisher, @eringriffith, and @schwarz
| Darrell Etherington / TechCrunch: |
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Protocol, New York Times, and CNBC
Tweets: @zguz, @webullglobal, @public, @webullglobal, @panzer, @zguz, @mathewi, @panzer, @jgreco, @cfarivar, @matthewstoller, and @alexeheath
| 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, Pocketnow, and Engadget
Tweets: @mikeisaac, @econ_marshall, @caseynewton, @quinnypig, @z_everson, @daveleeft, @allnick, @halophoenix, @minimaxir, @robpegoraro, @tedstein, @mobute, @rmondello, @hamishmckenzie, @ndimichino, @juddlegum, @jeffhauser, @laurengoode, @seldo, @athertonkd, @arielbogle, @bradesposito, @kirstinestewart, @morninggloria, @parismarx, @ismh, @brandyljensen, @fed_speak, @ireneista, @samebrewster, @lainnafader, @eiffeltyler, @simonowens, @mgsiegler, @allen, @rafat, @davechensky, @karaswisher, @thekendallbaker, @kantrowitz, @sdw, @skamille, and @kimmaicutler
| 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 …
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9to5Mac, iDownloadBlog.com, MakeUseOf, MacDailyNews, The Mac Observer, iPhone Hacks, Cult of Mac, iMore, MacRumors, and Patently Apple
| 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 …
More:
Bloomberg, AppleInsider, and ZDNet
Tweets: @biannagolodryga, @kevinmaddendc, @rebeccaballhaus, @dnvolz, @hatr, and @campuscodi
| 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, Threatpost, The Hacker News, Slashdot, Six Colors, TechRadar, iPhone in Canada Blog, iPhone Hacks, MacDailyNews, and Ubergizmo
Tweets: @campuscodi and @ryanaraine
| 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.| Kif Leswing / CNBC: |
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Canalys.com, Daring Fireball, Gizchina, Firstpost Tech, Apple Must, Counterpoint Research, and Philip Elmer‑DeWitt
Tweets: @arjunkharpal and @fjeronimo
| 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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MacRumors, 9to5Mac, iDownloadBlog.com, iPhone Hacks, The Mac Observer, and Apple Terminal
| 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, Destructoid, VG247, TechRadar, Gearburn, PCMag, and MCV/DEVELOP
| 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 …
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The Coinbase Blog, Crowdfund Insider, Cryptonews, Blockonomi, coinspeaker.com, and Coin Journal
Tweets: @yoda and @brianroemmele
| Russell Brandom / The Verge: |
A look at Global Privacy Control, a new web standard designed to let users opt out of data sharing with all third-party brokers globally, with a single click — On today's internet, information is nearly impossible to control. It's become commonplace for a single website visit to spill …
Tweets: @jason_kint, @el33th4xor, @websmyth, and @cyborgtribe
| Kyle Wiggers / VentureBeat: |
Physna, a Cincinnati-based startup developing an AI-powered 3D modeling platform for industrial engineering, raises $20M Series B led by Sequoia — Physna, a Cincinnati, Ohio-based startup developing an AI-powered 3D modeling platform for industrial engineering, today announced that it raised $20 million.| Elise Reuter / MedCity News: |
San Diego-based Concert Health, which helps primary care providers connect patients to behavioral health services, raises $14M Series A — Concert Health, a San Diego-based behavioral health startup that partners with primary care providers, raised $14 million in series A funding.
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Business Wire, VatorNews, PitchBook, and FinSMEs
Sponsor Posts
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Zoho:
Zoho Sign at Kenya's Digital Trust Forum 2025 organized by Evrotrust and Geda — Kenyan businesses and government services are adapting to digital alternatives to explore opportunities in the nation's newly launched ten-year Digital Master Plan.
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