Robinhood drops the confetti, but advisers aren’t convinced
Robinhood s confetti graphic led to heavy criticism of its gamification tactics, but advisers say investor education is still what s needed.
April 6, 2021 3 MINS
After a bleak start to the year following the Gamestop stock surge and having multiple lawsuits filed against it, free trading app Robinhood Markets updated its application program interface to calm recent accusations that it was engaged in market manipulation and gamification.
This week millions of Robinhood users may have noticed that the celebratory confetti graphics that used to rain down after each trade have been replaced with images of floating geometric shapes, according to an announcement from the company last Wednesday. Robinhood also changed the images it displays when a customer signs up for premium service Robinhood Gold or deposits money on the app.
Canadian women’s national team names strong squad ahead of matches vs. England, Wales
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(Janosz/ISI Photos/Getty)
TORONTO, Canada The Canadian women’s national team are back in action later this month when they take on Wales and England in a pair of away friendlies.
With both matches taking place in Europe, Canada will face Wales on April 9 followed by a England on April 13.
“The matches against Wales and England in April are again critical to our preparation for the Tokyo 2020 Olympic Games,” said head coach Bev Priestman in a press release. “If you look at both teams, they have had success against top 10 teams over the past two years and obviously England were semifinalists at the FIFA Women’s World Cup France 2019™, which will be a great Tier one test to assess players and where this group is at. I’m excited to get back in with the group and continue building towards where we want to be come the summer.”
Online brokerage eToro to go public via SPAC
With pressures on Robinhood, eToro’s large user base and scale places the U.K.-based challenger front and center to disrupt the U.S. market.
March 17, 2021 3 MINS
Commission-free trading and social networking app eToro announced plans Tuesday to go public via a merger with a blank-check firm set to value the combined company at about $10.4 billion.
EToro is slated to merge with special purpose acquisition company FinTech Acquisition Corp. V, which is led by Betsy Cohen, one of the prominent businesswomen who have joined the SPAC frenzy.
“As a pioneer in the evolution of SPACs, Fintech Masala, our sponsor platform, seeks out companies with outsized growth, effective controls and excellent management teams,” said Cohen, chairman of the board of directors of FinTech V, in a statement. “EToro meets all three of these criteria.”
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When the Web Goes Dark: State Control & the Internet
Autocrats around the world are manipulating access to the internet as a means of state control, especially in the face of protests and dissent. From Myanmar to Venezuela to Iran, we’ve seen a rise in blackouts cutting off critical channels of communication, an increasingly dangerous prospect in the middle of a pandemic. This public program will feature experts in human rights, technology, and cyber access to understand the implications of blocking freedom of information, and what can be done about it.
We are joined by:
Shayna Bauchner, Researcher, Asia Division, Human Rights Watch