Robinhood is seemingly still very popular. According to The New York Times, Thursday — the day of Robinhood’s strictest trading restrictions — was also its best ever: it saw over 177,000 downloads (twice the previous week’s daily rate) and had 2.7 million daily users. Robinhood also announced on Monday that Read more…
The city of Miami is considering giving its employees the opportunity to get their salaries paid in bitcoin. It’s all part of a plan to bring more tech entrepreneurs to Miami. In addition to the bitcoin salaries, the city is also considering allowing local fees and taxes to be paid Read more…
The Centers for Disease Control may recommend wearing two masks — one over the other — to keep at bay the more contagious variants of the coronavirus, according to Anthony Fauci. The CDC and Fauci discussed the matter Monday but the agency doesn’t yet have the data to make any Read more…
South Korea returned to first place in the latest Bloomberg Innovation Index, while the U.S. dropped out of a top 10 that features a cluster of European countries. Korea regained the crown from Germany, which dropped to fourth place. The Asian nation has now topped the index for seven of Read more…
A social media-driven trading cooled on Wednesday as U.S. Treasury Secretary Janet Yellen called a meeting of top officials that could result in tougher markets regulation for hedge funds, small investors and stockbrokers. From a report: Mass buying by amateur traders over the past two weeks has driven wild price Read more…
Amazon has unveiled the design for the next portion of its Arlington, Virginia headquarters, and one building stands out far from the rest: a swirling glass tower covered in trees that rises to a point above the rest of the city’s skyline. The Verge’s Jacob Kastrenakes likens it to “the Read more…
This week’s bizarre “meme stock” rally, which has delivered lottery-like windfalls for holders of GameStop stock, also wiped out $600 million in debt owed by the AMC theater chain. Polygon reports: That’s because, on Wednesday, a private equity firm named Silver Lake — and private equity firms are popularly considered Read more…