Ice Cube is firing back at the headline-grabbing Robinhood after it used the rapper’s likeness and one of his lyrics to promote the company. The financial services company used an image of the 51-year-old rapper/actor from the 2007 film Are We Done Yet? and also paraphrased his ‘Check yo self before you wreck yo self’ … Read more
The company behind the trading app Robinhood is facing more than 30 civil lawsuits from its users in relation to restrictions it imposed that temporarily limited purchases of certain stocks last week, according to court records. Several groups of the app’s users have filed separate lawsuits against Robinhood Markets Inc. in federal courts, including in California, … Read more
The CEO of Robinhood has revealed that the NSCC demanded a $3 billion security the morning before the company stopped GameStop trades. Speaking during a virtual event hosted by Tesla CEO Elon Musk, Vladimir Tenev offered an explanation behind his company’s decision to Thursday to restrict the purchase of GameStop shares and several other stocks. The controversial … Read more
Stock trading app Robinhood apologizes after platform goes down for 17 HOURS during biggest single-day market surge since 2009 as disgruntled users threaten to file a class-action lawsuit Robinhood is taking heat after an outage with its app that lasted 17 hours The outage came just as markets surged after taking a hit last week Users … Read more