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Tech NewsThe Epic vs. Apple Hearing Is Already a Disaster
The Epic v. Apple trial kicked off on Monday morning, and it’s already devolved into a giant, internet-fueled mess. First, the court had issues getting both teleconference lines up and running, and even when they were humming along fine, everyone’s lines seemed to be unmuted. On the main line, one person chanted, “Epic Games! Epic … Continued
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Tech NewsNew Lawsuit Claims Reddit Knowingly Let Child Sexual Abuse Material Flourish
Reddit’s facing a class-action suit from a woman alleging the platform did little to stop a stream of revenge porn—featuring her as a minor—from being uploaded countless times. The Jane Doe behind the suit is pursuing the class action on behalf of anyone whose own illicit (and underage) content was allowed to surge across the … Continued
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Tech NewsReddit’s Reportedly Cooking Up Its Own Clubhouse-Like Voice Chat Feature
Rumor has it the front page of the internet may be the latest online platform cooking up a social audio feature a la the voice-only chat app Clubhouse. Reddit is quietly working on incorporating moderator-run voice chats onto the platform, a person familiar with the matter said in a Friday Mashable report. In an interview … Continued
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Tech NewsGross YouTuber David Dobrik Meets the Inevitable
Dethroned 24-year-old influencer David Dobrik, who started out in the boozy man cave of YouTube and migrated to a more family-friendly neighborhood of D’Amelios, has now exited the photo-sharing app Dispo, which launched just three weeks ago. Dispo, which Dobrik co-founded as “David’s Disposable,” has said that he’s left so as not to “distract from … Continued
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Tech NewsThe Truth About the Zombie MoviePass Site Is That It’s All Very Stupid
A seemingly rogue MoviePass website bearing the same styling of the now-defunct movie subscription service generated speculation earlier this week that the company may be making a comeback. Or, it was an extremely silly prank. It appears now that the latter is most likely the case. While the site bears the same style and appearance … Continued
By Catie Keck -
EartherWallStreetsBets Is Sending Gorilla Conservation to the Moon 🚀🚀🚀🚀🚀🚀
The WallStreetBets subreddit has helped drive $383,000 in donations to a gorilla conservation organization this week. The preceding sentence would have been barely intelligible even just last December, and yet here we are. To quickly recap: In January, folks on the subreddit r/WallStreetBets captured headlines for buying up shares in GameStop’s stock as well as other oft-memed … Continued
By Dharna Noor -
Tech NewsExiled WallStreetBets Mods Want to Make a Blockchain-Based Hedge Fund
As praises from celebrity investors and movie deals rained on the subreddit/memestock trading floor WallStreetBets, its two contingents of its moderators went to war, each accusing the other of profiteering off the community’s newfound fame. Now, those beaten in the squabble intend to start a competing community which will act like a “decentralized hedge fund.” … Continued
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Tech NewsBots Reportedly Helped Fuel GameStonks Hype on Facebook, Twitter, and Other Platforms
The s0-called GameStonks saga had some help from automated bots hyping up “meme” stocks on Facebook, Instagram, Twitter, and YouTube, according to an analysis by the cybersecurity firm PiiQ Media reviewed by Reuters. Users on the Reddit forum r/WallStreetBets teamed up last month to trigger a massive short squeeze of GameStop stock in a coordinated … Continued
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Tech NewsYouTube, Reddit User ‘Roaring Kitty’ Gets Sued for Securities Fraud Over GameStop Short Squeeze
Keith Gill, also known as “Roaring Kitty” on Twitter/YouTube and “DeepFuckingValue” on Reddit, is facing a proposed class action lawsuit for his role in the massive GameStop short squeeze orchestrated by Reddit’s r/WallStreetBets board, Bloomberg reported on Wednesday. According to Bloomberg, the suit was filed by Hagens Berman Sobol Shapiro, a securities class action firm, … Continued
By Tom McKay -
Tech NewsCEOs of Robinhood and Reddit to Testify in Federal GameStop Hearing
The House Financial Services Committee will hold a virtual hearing on Feb. 18 as part of its investigation into the coordinated effort by Reddit’s stock-trading community to drive up the price of GameStop stocks as a big middle finger to hedge fund managers. The witness list includes some of the key players involved in the … Continued
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Tech NewsWall Street Fund Wants to Hire r/WallStreetBets Users to Help Pick Meme Stocks
GameStop’s stock has fallen back to something like a reasonable price and Barstool Sports founder Dave Portnoy claims he lost about $700,000, but the future of meme stocks is not yet written. And at least one New York-based quantitative fund seems to think there’s still a glimmer of gold to be found in the brain … Continued
By Rhett Jones -
Tech NewsGoogle Suspended Federated Chat App Element for Allegedly Hosting Abusive Content
Google temporarily yanked Element’s Android chat app from the Play Store this week for allegedly hosting abusive content. The decision’s particularly baffling given that Element is only a client for the federated chat protocol Matrix and not a service in and of itself. Meaning that Element can (and does) moderate its own servers, but has … Continued
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Tech NewsGoogle Deletes 100,000 Negative Reviews of Robinhood App From Angry Users
Google removed at least 100,000 negative reviews of the stock trading app Robinhood from the Google Play app store after angry users sent a flood of critical reviews that caused the app’s rating to plummet on Thursday. The app’s rating went from roughly four stars out of five on Wednesday to just one star on … Continued
By Matt Novak -
Tech NewsSocial MediaFacebook Bans Popular Stock Trading Group Amid GameStop Chaos
Facebook has reportedly shut down a popular stock trading group due to alleged policy violations, the page’s founder claims, who argues the real reason behind the sudden ouster is the windfall its members made off all the GameStonks drama this week. Robinhood Stock Traders boasted over 157,000 members before Facebook took it offline on Wednesday, … Continued
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Tech NewsDiscord Bans r/WallStreetBets for Hate Speech Violations
After kicking off a historic rally around GameStop stock that has incited the ire of hedge fund tycoons and the SEC, the r/wallstreetbets channel was banned from Discord on Wednesday over apparent hate speech violations. While some on Reddit were quick to speculate that the server had been taken down by hackers as part of … Continued
