Blind TL;DR Edition No. 1: Week Ended Nov. 12, 2021
Blind TL;DR helps you stay on top of what shaped the tech industry this week in about 3 minutes. Keep tabs on the latest with insights straight from the newsmakers—technologists like you.
A thief steals from Robinhood
Robinhood announced a hacker took off with 7 million customers’ personal information, including full names and email addresses. Get this: A hacker tricked a customer support employee into giving up access to some of its customer support systems.
“With a data breach involving 7 million customers and user login issues, what’s going on at Robinhood?” asked a verified Verizon Media professional. Read more on Blind.
Metaverse rising
Roblox flexed on Wall Street when it reported earnings. Revenue in Q3 increased 102% from the previous year to $509.3 million, and the average daily active users is now 47.3 million. The metaverse stock shot up as much as 35% and now has a market cap of more than $60 billion.
Ahead of Roblox’s earnings, a verified Snap professional bet $150,000 the video game platform would do well by trading “call” options on the shares. Find out how the trade did on Blind.
What’s the tip on $8 billion?
DoorDash ordered takeout in Europe. The food-delivery app picked up delivery company Wolt for more than $8 billion in an all-stock deal to boost its international chops. Wolt has about 4,000 employees and more than 10 million users in 23 countries outside of the U.S.
The news boosted DoorDash shares, and its $84-billion valuation is now within striking distance of its rival Uber. Check out what DoorDash professionals said on Blind.
Elon trolls Twitter again
Last weekend, Tesla CEO Elon Musk asked his more than 63 million Twitter followers if he should sell 10% of his Tesla stock. The poll came back with an overwhelming yes, but we all found out this week that he had scheduled the stock sale ahead of time.
Tesla had its worst day of trading in months this week, as Musk dumped about $5 billion of shares. See who on Blind thinks Elon lied.
The city that will pay a crypto dividend
Mayor Francis Suarez said Miami would be the first city in the U.S. to pay residents “bitcoin yield.” Earlier this year, the Magic City created MiamiCoin, which earned more than $21 million for the city in the past three months.
Crypto fans and haters alike have noticed Miami’s crypto-friendly moves, and many tech pros are looking to move to South Florida. See how Miami ranks as a best place to live on Blind.
Your coworkers aren’t saving their PTO
You’ve probably seen the Slack alerts and calendar blocks already. It’s the holiday season, and your coworkers aren’t being shy about taking PTO. According to a recent Blind poll, 60% said they don’t feel pressure to save PTO just because everyone else is out of the office.
Discover which companies have mandatory PTO or office closures on Blind.
Be a newsmaker
Make an impact with your work. The top companies in the headlines are using Blind to grow. Find out how you can get an offer from some of the most innovative and fast-growing companies.