Pivot The Biggest Moments from Code, the Latest Robinhood Controversy, and the Future of Fitness Apps
Oct 1, 2021
Dive into a whirlwind of tech and finance controversies, including the latest drama with Robinhood and its implications. Hear highlights from a heated Elon Musk vs. Jeff Bezos interview that set the Code conference buzzing. The hosts predict the future of fitness apps as big tech weighs in, alongside discussions surrounding language and identity in society. Plus, an exploration of how public libraries can evolve post-pandemic to better engage communities. Tune in for insights into the shifting loyalties within the Republican party as well!
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Ken Griffin Lied Controversy
- The hashtag #KenGriffinLied is trending on Twitter, alleging Ken Griffin lied under oath about communicating with Robinhood regarding halting meme stock trading.
- Phone records seem to contradict Griffin’s congressional testimony, sparking controversy and online memes comparing him to Madoff.
Need for a Privacy Bureau
- Create a dedicated privacy bureau within the FTC to address complex data issues.
- The FTC currently lacks resources to handle the rapid advancements in technology and data privacy.
Diversification Paradox
- Diversification in investing has ironically increased correlation between asset classes.
- As everyone owns a bit of everything, drawdowns affect all assets, not just stocks.