Disrupting Wall Street

Dwaiter Weekly

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January 28, 2021

1_TOP NEWS

Reddit Day Traders' Revolt

Members of the Reddit forum r/wallstreetbets over the last three weeks have boosted GameStop shares more than 1,200 percent in defiance of hedge funds and investing norms, Business Insider reports. The Verge says the idea is to punish hedge fund short-sellers, and for “the little guys to pummel Wall Street."

2_APPS

Widgetsmith and the Power of Perseverance


Widgetsmith, an app that allows you to create custom widgets with different colors and fonts, jumped to No. 1 among free downloads in the iOS App Store after the release of iOS 14. As Inc. reports, it's an overnight success story 12 years in the making—the 59th try for an independent developer.

3_STARTUPS

Never Heard of Kuaishou? You’re Not Alone


Kuaishou has more daily active users than Twitter and Snapchat, but many Americans have never heard of the Beijing-based short-form video and livestreaming platform, Protocol reports. That could change. Its Hong Kong stock exchange trading debut is slated for Feb. 5, and Kuaishou could raise more than $6 billion at a $60 billion valuation—which would be one of the largest IPOs in recent years.

4_TECHNOLOGY

America's GPS Vulnerability 


The Global Positioning System, owned and operated by the U.S. government, is incredibly vital—and vulnerable, New York Times contributor Kate Murphy writes. The problem is that GPS signals are incredibly weak, due to the distance they have to travel from space, making them subject to interference and vulnerable to jamming and spoofing. An emergency backup for GPS was mandated in 2018, but it still hasn't happened.

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5_WORK

The Rise of the Hybrid Workweek 


The longer people spend working from home, the more they're embracing the idea of a hybrid post-pandemic workplace, according to Slack's latest Remote Employee Experience Index, which is part of its new Future Forum, provided first to Axios. It found 63 percent like the hybrid working model, 20 percent want to work from home full time, and just 12 percent want to go back to the office five days a week. The hybrid hype is even stronger among younger workers: 82 percent prefer it.

6_MOBILE

Google Plans a Search Redesign 


Google has revealed plans for an upcoming redesign of its mobile search page that will include larger and bolder text, Mashable reports. The company says other changes include: a "new edge-to-edge results design," "centering content and images against a clean background," and "rounded icons and imagery."

7_DESIGN

Shutterstock's $75 Million Bet


Leading stock photography company Shutterstock has acquired TurboSquid, a digital media company that sells 3D assets, for $75 million, Fast Company reports. The move is both a talent and an IP acquisition, and it will give Shutterstock’s two million customers access to raw materials for making images from scratch. It’s a bet that the future of photography doesn’t have to involve a camera.

8_MARKETING

The Latest in Email Marketing Strategy


The team from Uplers shared with Social Media Today its email design trends for 2021. Among them are emotional design and neumorphism.

9_CODE

Brain Activity While Coding Stands Apart


Neuroscientists from MIT have discovered that brain activity while coding differs from processing language or doing mathematics, Developer reports. Coding is often likened to learning a new foreign language—and there are certainly many similarities. To the brain itself, however, it seems to be quite different. 

10_SAY WHAT?

The Latest Dance Moves


Boston Dynamics' latest video features several of its robots—and their dance moves. Set to the Contours' "Do You Love Me," the choreographed moves "are impressive (if a little bit alarming, and definitely mesmerizing)," Mashable says.

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