Robinhood has raised $1 billion and tapped its credit lines to support the trading of GameStop and other high-flying stocks.
Category archives: News and Trends
Billionaire Investor Chris Sacca Cheers on GameStop Traders — But Warns Them Not to Use Borrowed Money
The billionaire investor and former “Shark Tank” star ended up $4 million in debt that way.
Facebook Is Reportedly Building a Newsletter Tool for Indie Writers
Instead of buying a newsletter service like Twitter did, Facebook is building its own.
Tesla Roadster Production Starts in 2022
Originally planned for a 2020 release, the tri-motor drive system and advanced battery delayed production.
Robinhood Faces Class-Action Lawsuit for Blocking GameStop Stock Buys
A Massachusetts-based user files a class-action lawsuit calling on the court to demand Robinhood pay damages to affected users and reinstate GameStop on the stock-trading platform.
Apple CEO Condemns Social Media Over Disinformation ‘Juiced by Algorithms’
‘Technology does not need vast troves of personal data, stitched together across dozens of websites and apps, in order to succeed,’ Tim Cook says at a digital privacy conference.
Elon Musk Backs AOC’s Call to Investigate Robinhood for Barring GameStop Purchases
There is growing concern over Robinhood’s steps that prevented trading.
GM plans to Exclusively Sell Electric Vehicles By 2035
The largest U.S. automaker is ditching combustion for good.
Study Finds Pfizer Vaccine Effective Against New Covid-19 Mutations
Pfizer and BioNTech’s vaccine worked against variants spreading in South Africa the UK.
AR and VR Will Lead the Way in a Post-Pandemic World
The question shouldn’t be whether to adopt advanced technologies, but how. Here are three ways.