Daily Crunch - Robinhood restricts GameStop trading

TechCrunch Newsletter [TechCrunch logo]( [The Daily Crunch logo]( Thursday, January 28, 2021 • By [Anthony Ha]( The GameStop stock saga continues, Apple releases more details about its privacy changes and Qualtrics goes public. This is your Daily Crunch for January 28, 2021. [The big story: Robinhood restricts GameStop trading]( Robinhood has responded to an upsurge in retail investors buying shares in companies like GameStop, AMC and Blockbuster by [restricting trading on “certain securities”]( to “position closing only,” meaning that users can no longer buy more of the companies’ stocks. (It says [it will allow “limited buys”]( tomorrow.) This comes after the current buying spree — targeting stocks shorted by institutional investors and spurred by the WallStreetBets forum on Reddit — [took Robinhood and Reddit]( to the top of the app charts. Now, Robinhood is being hit with numerous 1-star reviews, and the move also [attracted criticism from politicians on both sides of the aisle](, with Rep. Alexandria Ocasio-Cortez describing it as “unacceptable” and Senator Ted Cruz tweeting, “Fully agree.” [Read more]( [The big story: Robinhood restricts GameStop trading image] Image Credits: Andrew Harrer/Bloomberg / Getty Images [International taxes and regulations made easy]( Sponsored by [Digital River]( [Expanding into international markets means managing taxes and regulations. Let Digital River simplify the complexities of calculating, collecting, reporting and remitting taxes on all sales, helping you grow business while minimizing your risk.]( [Read more]( The tech giants [Apple’s App Tracking Transparency feature will be enabled by default and arrive in ‘early spring’ on iOS]( — The plan is to launch these changes in early spring, with a version of the feature coming in the next iOS 14 beta release. [Qualtrics prices IPO at $30 per share, above its upgraded target range]( — The company sold 50.4 million shares in the process. [Twitter is already working on integrating newsletters on its site, following its Revue acquisition]( — It appears “Newsletters” will soon be the newest addition to Twitter’s sidebar navigation. [The tech giants image] Image Credits: Apple (live stream) Startups, funding and venture capital [Workday acquires employee feedback platform Peakon for $700M]( — Peakon says companies have used its platform’s weekly surveys to ask more than 153 million questions since inception six years ago. [Fintech darling Nubank raises blockbuster $400M Series G at $25B valuation]( — The fintech company now has 34 million customers. [Flowhaven raises $16M to evolve brand licensing management beyond emails and spreadsheets]( — The media licensing business is a massive market, but much of the work involved is still handled manually through emails and spreadsheets. [Startups, funding and venture capital image] Image Credits: Getty Images Advice and analysis from Extra Crunch [Thirteen investors say lifelong learning is taking edtech mainstream]( — As learners become more multi-layered and nuanced, so have the edtech companies that back them. [Talent and capital are shifting cybersecurity investors’ focus away from Silicon Valley]( — Solving the cybersecurity problem will take more time and resources than we are currently allocating. [Mind the gap: E-commerce marketers should revise their TAM and SAM estimates]( — 2021 is going to be another glorious year for e-commerce. (Extra Crunch is our membership program, which helps founders and startup teams get ahead. [You can sign up here](.) [Advice and analysis from Extra Crunch image] Image Credits: Bryce Durbin Everything else [Smartphone sales slowed decline in Q4, with a big assist from Apple]( — The past year was, of course, a major blow to an industry already suffering a slide. [GM pledges to be carbon neutral by 2040 with zero tailpipe emission vehicles by 2035]( — It’s a big step for a company whose products are responsible for a large percentage of global greenhouse gas emissions. [UCLA is building a digital archive of mass incarceration with a new $3.6M grant]( — The “Archiving the Age of Mass incarceration” effort is being led by Kelly Lytle Hernandez, director of the university’s Bunche Center for African American Studies. [Everything else image] Image Credits: INDRANIL MUKHERJEE / AFP / Getty Images [Read more stories on TechCrunch.com]( Newest Jobs from Crunchboard - [Director of Media Relations at SalientMG (New York, NY, USA)]( - [Sr. Rails Developer - HealPay at HealPay (Web Applications) (USA)]( - [Sr. Software Engineer (US - Remote) at Hip eCommerce (USA)]( - [Sr. QA Engineer - (Remote) at Hip eCommerce (Raleigh, NC, USA)]( - [Digital Ad Operations Manager at SEBPO (Marlton, New Jersey 08053, USA)]( [See more jobs on CrunchBoard]( [Post your tech jobs]( and reach millions of TechCrunch readers for only $200 per month. [Facebook]( [Twitter]( [Youtube]( [Instagram]( [Flipboard]( [View this email online in your browser]( [Privacy Policy]( | [Terms of Service]( | [Unsubscribe]( © 2021 Verizon Media. All rights reserved. 110 5th St, San Francisco, CA 94103