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Tech & Gadget

GameStop and Other ‘Meme Stocks’ Hyped by Social Media Bots, Analysis Shows

MO JAKARIYA KHATRI - March 1, 2021 0

Bots on major social media websites promoted GameStop and other “memes stocks,” although the extent to which they influenced pricing was unclear, according...

World

Clear crypto rules urgently needed as major companies embrace asset: SEC official

MO AYYUB KHATRI - February 15, 2021 0

The market plunged into slump last month as Reddit users trading on low-cost retail platforms rallied to push up the prices of GameStop...

World

Reddit app installs exceed 6 million in January on GameStop trading frenzy

MO AYYUB KHATRI - February 5, 2021 0

The California-based firm's monthly active users increased by more than 50% in January from a year earlier, following the GameStop trading frenzy last...

World

Robinhood lifts trading restrictions on all stocks, including GameStop

MO AYYUB KHATRI - February 5, 2021 0

Shares of GameStop and others recently favored by retail investors fell further on Thursday, as U.S. Treasury Secretary Janet Yellen vowed to protect...

Tech & Gadget

Elon Musk, Robinhood CEO Clubhouse Chat Sparks Scramble for App Invites

MO JAKARIYA KHATRI - February 3, 2021 0

A surprise chat between tech billionaire Elon Musk and Robinhood CEO Vlad Tenev on the new Clubhouse audio social network helped propel the...

World

Robinhood app downloads soar despite trading restrictions

MO AYYUB KHATRI - February 3, 2021 0

The data could help allay concerns among Robinhood investors that trading restrictions imposed last week to deal with the deluge of orders would...

World

Elon Musk, a new Wall Street oracle?

MO AYYUB KHATRI - February 2, 2021 0

The business giant, which has expressed contempt for investors betting on a company's stock decline, floundered in the GameStop affair by tweeting a...

Tech & Gadget

GameStop’s Reddit Rally Puts Scrutiny on Social Media Forums

MO JAKARIYA KHATRI - January 30, 2021 0

Social media services, including Facebook and Reddit, restrict discussion of guns, drugs, and other illegal activity, but their rules don't specifically mention another...