Techmeme
January 30, 2021, 11:55 AM

Top News

Under the Hood:
Robinhood explains why it placed restrictions on certain securities over the past week, says its clearinghouse-mandated deposit for equities increased tenfold  —  With the extraordinary market activity this week, and the temporary restrictions we put in place on certain securities …
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 …
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?
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 …
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 …
Ben Schoon / 9to5Google:
Ryan Browne / CNBC:
New York Times:
Paresh Dave / Reuters:
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.
Catherine Shu / TechCrunch:
Canalys: smartphone shipments in China fell 4% YoY to 84M in Q4 2020 and shipments for 2020 fell 11% YoY to 330M, as iPhone's share jumped from 15% to 18% YoY  —  The impact of United States government sanctions on Huawei is continuing to hurt the company and dampen overall smartphone shipments in China …
Lara O'Reilly / Business Insider:
Verizon Media says it is planning personalized features for Yahoo Mail, and around 500K users watched NFL streams in the Yahoo Mail app in tests in Q4 2020  —  - Verizon Media CEO Guru Gowrappan tells Insider the unit is preparing a “mega” product launch in the coming weeks.

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Zoho:
The crossroads of AI and SaaS  —  Enabling businesses of all sizes to build products in-house and disqualifying SaaS tools that are not AI-powered.  In a span of just two years, AI has made a name for itself as the key driver for innovation.
Genesys:
Executive Insights: The Era of Contact Center AI Copilots  —  How AI copilots are transforming customer experience and agent performance.
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.
Techmeme Ride Home:
Fri. 12/20 - Gemini Flash Thinking
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 11:55 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

Prachir Singh / Counterpoint Research:
Chloe Sorvino / Forbes:
Theodore Schleifer / Vox:
Nick Statt / The Verge:

Earlier Picks

Reuters:
Mike Isaac / New York Times: