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 online brokerage Robinhood has taken out a full-page ad in the New York Times saying that it is ‘humbled’ after recent controversy over its limits on buying certain stocks during the ‘meme stock’ frenzy fueled by an army of small investors on Reddit. The ad on Tuesday follows massive backlash against the popular trading … Read more
The CEO of Robinhood has revealed that the NSCC demanded a $3 billion security at 3am in the morning during dramatic negotiations 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 … Read more
The CEO of trading platform Robinhood has defended his firm’s highly controversial decision to halt trading of certain stocks on Thursday, insisting it was for the good of customers and the company. Vlad Tenev, a 33-year-old Bulgarian-American businessman, co-founded Robinhood in 2013. On Thursday night he explained why his platform had infuriated users by preventing … Read more