WallStreetBets goes dark briefly amid oversight concerns

The Straits Times2021-01-29

NEW YORK • WallStreetBets, the Internet forum fuelling a frenzy of retail trading, briefly turned itself off to new users on Wednesday after a deluge of new participants raised concerns about its ...

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therealp
2021-02-01
therealp
wow
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2021-01-31
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Interesting
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2021-01-30
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Wow
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2021-01-29
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2021-01-29
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2021-01-29
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haha

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href=http://www.straitstimes.com/business/companies-markets/wallstreetbets-goes-dark-briefly-amid-oversight-concerns><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK • WallStreetBets, the Internet forum fuelling a frenzy of retail trading, briefly turned itself off to new users on Wednesday after a deluge of new participants raised concerns about its ...</p>\n\n<a 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWallStreetBets goes dark briefly amid oversight concerns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-01-29 05:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/wallstreetbets-goes-dark-briefly-amid-oversight-concerns><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK • WallStreetBets, the Internet forum fuelling a frenzy of retail trading, briefly turned itself off to new users on Wednesday after a deluge of new participants raised concerns about its ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/wallstreetbets-goes-dark-briefly-amid-oversight-concerns\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/wallstreetbets-goes-dark-briefly-amid-oversight-concerns","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2107292381","content_text":"NEW YORK • WallStreetBets, the Internet forum fuelling a frenzy of retail trading, briefly turned itself off to new users on Wednesday after a deluge of new participants raised concerns about its ability to moderate content, a notice on the website said.\nThe WallStreetBets homepage went dark to all users for a little over an hour on Wednesday evening in New York.\nA message on the site shortly after 6.30pm in New York said it was experiencing technical difficulties due to a flood of new members, rendering moderators \"unable to ensure Reddit's content policy\".\nAn hour later, the forum appeared to return to business as usual, with moderators pinning a post that said its rapid growth had made oversight difficult.\nThe site had racked up more than three million members as day traders plugged companies from GameStop to AMC Entertainment Holdings, driving massive rallies that have burned hedge funds which had sold the stocks short.\nReaction to the brief outage was swift and painful in stocks favoured by the site.\nGameStop, up fivefold in three days, tumbled as much as 37 per cent before paring the loss.\nAMC, which doubled in Wednesday's cash session, sank more than 50 per cent at one point before cutting that in half.\nNokia, the one-time cellphone giant that added 38 per cent in regular trading, gave up more than a third of the rise before recovering to trade lower by 6 per cent.\nBroader stock gauges seemed unperturbed by the commotion.\nFutures on the Nasdaq 100 Index remained lower by about 0.4 per cent, weighed down by Tesla's poor earnings report.\nThe day-trading phenomenon landed in Washington on Wednesday, when White House press secretary Jen Psaki said US Treasury Secretary Janet Yellen and the Biden administration's economic team are watching stock-market activity around GameStop and other heavily shorted companies.\nFederal Reserve chairman Jerome Powell dodged questions on the topic at his regular policy press conference.\nSenator Elizabeth Warren weighed in, saying she intends to make sure securities regulators \"wake up and do their jobs\".\nNot long after, the Securities and Exchange Commission said it is \"actively monitoring\" volatility in options and equities markets.\nBefore the subreddit was taken private, there were 3.5 million members of r/wallstreetbets, according to the site.\nThat is nearly 1.5 million more users than there were just a week ago, according to Breakout Point, a data and analytics firm.\nNew followers began flooding copycat message boards on Reddit almost immediately. A forum calling itself WallStreetBetsNew, which was founded last year, ballooned to nearly 200,000 users, from about 71,000 earlier in the day.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":312931310,"gmtCreate":1611987955930,"gmtModify":1703757315702,"author":{"id":"3571822130411286","authorId":"3571822130411286","name":"Jweikit","avatar":"https://static.tigerbbs.com/b483f2ee96e5c438b841f3c0a8e4ccdf","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3571822130411286","authorIdStr":"3571822130411286"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/312931310","repostId":2107292381,"repostType":4,"repost":{"id":"2107292381","kind":"highlight","pubTimestamp":1611867600,"share":"https://www.laohu8.com/m/news/2107292381?lang=&edition=full","pubTime":"2021-01-29 05:00","market":"sg","language":"en","title":"WallStreetBets goes dark briefly amid oversight concerns","url":"https://stock-news.laohu8.com/highlight/detail?id=2107292381","media":"The Straits Times","summary":"NEW YORK • WallStreetBets, the Internet forum fuelling a frenzy of retail trading, briefly turned it","content":"<div>\n<p>NEW YORK • WallStreetBets, the Internet forum fuelling a frenzy of retail trading, briefly turned itself off to new users on Wednesday after a deluge of new participants raised concerns about its ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/wallstreetbets-goes-dark-briefly-amid-oversight-concerns\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>WallStreetBets goes dark briefly amid oversight concerns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWallStreetBets goes dark briefly amid oversight concerns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-01-29 05:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/wallstreetbets-goes-dark-briefly-amid-oversight-concerns><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK • WallStreetBets, the Internet forum fuelling a frenzy of retail trading, briefly turned itself off to new users on Wednesday after a deluge of new participants raised concerns about its ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/wallstreetbets-goes-dark-briefly-amid-oversight-concerns\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/wallstreetbets-goes-dark-briefly-amid-oversight-concerns","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2107292381","content_text":"NEW YORK • WallStreetBets, the Internet forum fuelling a frenzy of retail trading, briefly turned itself off to new users on Wednesday after a deluge of new participants raised concerns about its ability to moderate content, a notice on the website said.\nThe WallStreetBets homepage went dark to all users for a little over an hour on Wednesday evening in New York.\nA message on the site shortly after 6.30pm in New York said it was experiencing technical difficulties due to a flood of new members, rendering moderators \"unable to ensure Reddit's content policy\".\nAn hour later, the forum appeared to return to business as usual, with moderators pinning a post that said its rapid growth had made oversight difficult.\nThe site had racked up more than three million members as day traders plugged companies from GameStop to AMC Entertainment Holdings, driving massive rallies that have burned hedge funds which had sold the stocks short.\nReaction to the brief outage was swift and painful in stocks favoured by the site.\nGameStop, up fivefold in three days, tumbled as much as 37 per cent before paring the loss.\nAMC, which doubled in Wednesday's cash session, sank more than 50 per cent at one point before cutting that in half.\nNokia, the one-time cellphone giant that added 38 per cent in regular trading, gave up more than a third of the rise before recovering to trade lower by 6 per cent.\nBroader stock gauges seemed unperturbed by the commotion.\nFutures on the Nasdaq 100 Index remained lower by about 0.4 per cent, weighed down by Tesla's poor earnings report.\nThe day-trading phenomenon landed in Washington on Wednesday, when White House press secretary Jen Psaki said US Treasury Secretary Janet Yellen and the Biden administration's economic team are watching stock-market activity around GameStop and other heavily shorted companies.\nFederal Reserve chairman Jerome Powell dodged questions on the topic at his regular policy press conference.\nSenator Elizabeth Warren weighed in, saying she intends to make sure securities regulators \"wake up and do their jobs\".\nNot long after, the Securities and Exchange Commission said it is \"actively monitoring\" volatility in options and equities markets.\nBefore the subreddit was taken private, there were 3.5 million members of r/wallstreetbets, according to the site.\nThat is nearly 1.5 million more users than there were just a week ago, according to Breakout Point, a data and analytics firm.\nNew followers began flooding copycat message boards on Reddit almost immediately. A forum calling itself WallStreetBetsNew, which was founded last year, ballooned to nearly 200,000 users, from about 71,000 earlier in the day.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3445700,"gmtCreate":1612053902411,"gmtModify":1635767382281,"authorId":3566821013640470,"author":{"id":3566821013640470,"idStr":"3566821013640470","authorId":3566821013640470,"name":"Jazling","avatar":"https://static.tigerbbs.com/85e0a83573d9307f57fca9b2baed72af","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":312931310,"type":1,"supId":0,"prevId":0,"content":"Wow","text":"Wow","html":"Wow"}],"langContent":"EN"},{"id":316870219,"gmtCreate":1611929469231,"gmtModify":1703756485665,"author":{"id":"3554966404999750","authorId":"3554966404999750","name":"WSBApes","avatar":"https://static.tigerbbs.com/524d2f8eb87bb134321ff44e82807a56","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3554966404999750","authorIdStr":"3554966404999750"},"htmlText":"Wsb","listText":"Wsb","text":"Wsb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/316870219","repostId":2107292381,"repostType":4,"repost":{"id":"2107292381","kind":"highlight","pubTimestamp":1611867600,"share":"https://www.laohu8.com/m/news/2107292381?lang=&edition=full","pubTime":"2021-01-29 05:00","market":"sg","language":"en","title":"WallStreetBets goes dark briefly amid oversight concerns","url":"https://stock-news.laohu8.com/highlight/detail?id=2107292381","media":"The Straits Times","summary":"NEW YORK • WallStreetBets, the Internet forum fuelling a frenzy of retail trading, briefly turned it","content":"<div>\n<p>NEW YORK • WallStreetBets, the Internet forum fuelling a frenzy of retail trading, briefly turned itself off to new users on Wednesday after a deluge of new participants raised concerns about its ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/wallstreetbets-goes-dark-briefly-amid-oversight-concerns\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>WallStreetBets goes dark briefly amid oversight concerns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWallStreetBets goes dark briefly amid oversight concerns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-01-29 05:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/wallstreetbets-goes-dark-briefly-amid-oversight-concerns><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK • WallStreetBets, the Internet forum fuelling a frenzy of retail trading, briefly turned itself off to new users on Wednesday after a deluge of new participants raised concerns about its ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/wallstreetbets-goes-dark-briefly-amid-oversight-concerns\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/wallstreetbets-goes-dark-briefly-amid-oversight-concerns","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2107292381","content_text":"NEW YORK • WallStreetBets, the Internet forum fuelling a frenzy of retail trading, briefly turned itself off to new users on Wednesday after a deluge of new participants raised concerns about its ability to moderate content, a notice on the website said.\nThe WallStreetBets homepage went dark to all users for a little over an hour on Wednesday evening in New York.\nA message on the site shortly after 6.30pm in New York said it was experiencing technical difficulties due to a flood of new members, rendering moderators \"unable to ensure Reddit's content policy\".\nAn hour later, the forum appeared to return to business as usual, with moderators pinning a post that said its rapid growth had made oversight difficult.\nThe site had racked up more than three million members as day traders plugged companies from GameStop to AMC Entertainment Holdings, driving massive rallies that have burned hedge funds which had sold the stocks short.\nReaction to the brief outage was swift and painful in stocks favoured by the site.\nGameStop, up fivefold in three days, tumbled as much as 37 per cent before paring the loss.\nAMC, which doubled in Wednesday's cash session, sank more than 50 per cent at one point before cutting that in half.\nNokia, the one-time cellphone giant that added 38 per cent in regular trading, gave up more than a third of the rise before recovering to trade lower by 6 per cent.\nBroader stock gauges seemed unperturbed by the commotion.\nFutures on the Nasdaq 100 Index remained lower by about 0.4 per cent, weighed down by Tesla's poor earnings report.\nThe day-trading phenomenon landed in Washington on Wednesday, when White House press secretary Jen Psaki said US Treasury Secretary Janet Yellen and the Biden administration's economic team are watching stock-market activity around GameStop and other heavily shorted companies.\nFederal Reserve chairman Jerome Powell dodged questions on the topic at his regular policy press conference.\nSenator Elizabeth Warren weighed in, saying she intends to make sure securities regulators \"wake up and do their jobs\".\nNot long after, the Securities and Exchange Commission said it is \"actively monitoring\" volatility in options and equities markets.\nBefore the subreddit was taken private, there were 3.5 million members of r/wallstreetbets, according to the site.\nThat is nearly 1.5 million more users than there were just a week ago, according to Breakout Point, a data and analytics firm.\nNew followers began flooding copycat message boards on Reddit almost immediately. A forum calling itself WallStreetBetsNew, which was founded last year, ballooned to nearly 200,000 users, from about 71,000 earlier in the day.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":316893681,"gmtCreate":1611926202243,"gmtModify":1703756378770,"author":{"id":"3568344988652145","authorId":"3568344988652145","name":"AlvinHo90","avatar":"https://static.tigerbbs.com/65908b6e415ffedfb0a3390c15fb08fe","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3568344988652145","authorIdStr":"3568344988652145"},"htmlText":"Go go go","listText":"Go go go","text":"Go go go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/316893681","repostId":2107292381,"repostType":4,"repost":{"id":"2107292381","kind":"highlight","pubTimestamp":1611867600,"share":"https://www.laohu8.com/m/news/2107292381?lang=&edition=full","pubTime":"2021-01-29 05:00","market":"sg","language":"en","title":"WallStreetBets goes dark briefly amid oversight concerns","url":"https://stock-news.laohu8.com/highlight/detail?id=2107292381","media":"The Straits Times","summary":"NEW YORK • WallStreetBets, the Internet forum fuelling a frenzy of retail trading, briefly turned it","content":"<div>\n<p>NEW YORK • WallStreetBets, the Internet forum fuelling a frenzy of retail trading, briefly turned itself off to new users on Wednesday after a deluge of new participants raised concerns about its ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/wallstreetbets-goes-dark-briefly-amid-oversight-concerns\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWallStreetBets goes dark briefly amid oversight concerns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-01-29 05:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/wallstreetbets-goes-dark-briefly-amid-oversight-concerns><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK • WallStreetBets, the Internet forum fuelling a frenzy of retail trading, briefly turned itself off to new users on Wednesday after a deluge of new participants raised concerns about its ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/wallstreetbets-goes-dark-briefly-amid-oversight-concerns\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/wallstreetbets-goes-dark-briefly-amid-oversight-concerns","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2107292381","content_text":"NEW YORK • WallStreetBets, the Internet forum fuelling a frenzy of retail trading, briefly turned itself off to new users on Wednesday after a deluge of new participants raised concerns about its ability to moderate content, a notice on the website said.\nThe WallStreetBets homepage went dark to all users for a little over an hour on Wednesday evening in New York.\nA message on the site shortly after 6.30pm in New York said it was experiencing technical difficulties due to a flood of new members, rendering moderators \"unable to ensure Reddit's content policy\".\nAn hour later, the forum appeared to return to business as usual, with moderators pinning a post that said its rapid growth had made oversight difficult.\nThe site had racked up more than three million members as day traders plugged companies from GameStop to AMC Entertainment Holdings, driving massive rallies that have burned hedge funds which had sold the stocks short.\nReaction to the brief outage was swift and painful in stocks favoured by the site.\nGameStop, up fivefold in three days, tumbled as much as 37 per cent before paring the loss.\nAMC, which doubled in Wednesday's cash session, sank more than 50 per cent at one point before cutting that in half.\nNokia, the one-time cellphone giant that added 38 per cent in regular trading, gave up more than a third of the rise before recovering to trade lower by 6 per cent.\nBroader stock gauges seemed unperturbed by the commotion.\nFutures on the Nasdaq 100 Index remained lower by about 0.4 per cent, weighed down by Tesla's poor earnings report.\nThe day-trading phenomenon landed in Washington on Wednesday, when White House press secretary Jen Psaki said US Treasury Secretary Janet Yellen and the Biden administration's economic team are watching stock-market activity around GameStop and other heavily shorted companies.\nFederal Reserve chairman Jerome Powell dodged questions on the topic at his regular policy press conference.\nSenator Elizabeth Warren weighed in, saying she intends to make sure securities regulators \"wake up and do their jobs\".\nNot long after, the Securities and Exchange Commission said it is \"actively monitoring\" volatility in options and equities markets.\nBefore the subreddit was taken private, there were 3.5 million members of r/wallstreetbets, according to the site.\nThat is nearly 1.5 million more users than there were just a week ago, according to Breakout Point, a data and analytics firm.\nNew followers began flooding copycat message boards on Reddit almost immediately. A forum calling itself WallStreetBetsNew, which was founded last year, ballooned to nearly 200,000 users, from about 71,000 earlier in the day.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":318788545,"gmtCreate":1611893037587,"gmtModify":1703755747041,"author":{"id":"3568853598283814","authorId":"3568853598283814","name":"keve01","avatar":"https://static.tigerbbs.com/48c3f8f5fe2a2b544f2c0e15f4770962","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3568853598283814","authorIdStr":"3568853598283814"},"htmlText":"haha","listText":"haha","text":"haha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/318788545","repostId":2107292381,"repostType":4,"repost":{"id":"2107292381","kind":"highlight","pubTimestamp":1611867600,"share":"https://www.laohu8.com/m/news/2107292381?lang=&edition=full","pubTime":"2021-01-29 05:00","market":"sg","language":"en","title":"WallStreetBets goes dark briefly amid oversight concerns","url":"https://stock-news.laohu8.com/highlight/detail?id=2107292381","media":"The Straits Times","summary":"NEW YORK • WallStreetBets, the Internet forum fuelling a frenzy of retail trading, briefly turned it","content":"<div>\n<p>NEW YORK • WallStreetBets, the Internet forum fuelling a frenzy of retail trading, briefly turned itself off to new users on Wednesday after a deluge of new participants raised concerns about its ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/wallstreetbets-goes-dark-briefly-amid-oversight-concerns\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWallStreetBets goes dark briefly amid oversight concerns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-01-29 05:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/wallstreetbets-goes-dark-briefly-amid-oversight-concerns><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK • WallStreetBets, the Internet forum fuelling a frenzy of retail trading, briefly turned itself off to new users on Wednesday after a deluge of new participants raised concerns about its ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/wallstreetbets-goes-dark-briefly-amid-oversight-concerns\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/wallstreetbets-goes-dark-briefly-amid-oversight-concerns","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2107292381","content_text":"NEW YORK • WallStreetBets, the Internet forum fuelling a frenzy of retail trading, briefly turned itself off to new users on Wednesday after a deluge of new participants raised concerns about its ability to moderate content, a notice on the website said.\nThe WallStreetBets homepage went dark to all users for a little over an hour on Wednesday evening in New York.\nA message on the site shortly after 6.30pm in New York said it was experiencing technical difficulties due to a flood of new members, rendering moderators \"unable to ensure Reddit's content policy\".\nAn hour later, the forum appeared to return to business as usual, with moderators pinning a post that said its rapid growth had made oversight difficult.\nThe site had racked up more than three million members as day traders plugged companies from GameStop to AMC Entertainment Holdings, driving massive rallies that have burned hedge funds which had sold the stocks short.\nReaction to the brief outage was swift and painful in stocks favoured by the site.\nGameStop, up fivefold in three days, tumbled as much as 37 per cent before paring the loss.\nAMC, which doubled in Wednesday's cash session, sank more than 50 per cent at one point before cutting that in half.\nNokia, the one-time cellphone giant that added 38 per cent in regular trading, gave up more than a third of the rise before recovering to trade lower by 6 per cent.\nBroader stock gauges seemed unperturbed by the commotion.\nFutures on the Nasdaq 100 Index remained lower by about 0.4 per cent, weighed down by Tesla's poor earnings report.\nThe day-trading phenomenon landed in Washington on Wednesday, when White House press secretary Jen Psaki said US Treasury Secretary Janet Yellen and the Biden administration's economic team are watching stock-market activity around GameStop and other heavily shorted companies.\nFederal Reserve chairman Jerome Powell dodged questions on the topic at his regular policy press conference.\nSenator Elizabeth Warren weighed in, saying she intends to make sure securities regulators \"wake up and do their jobs\".\nNot long after, the Securities and Exchange Commission said it is \"actively monitoring\" volatility in options and equities markets.\nBefore the subreddit was taken private, there were 3.5 million members of r/wallstreetbets, according to the site.\nThat is nearly 1.5 million more users than there were just a week ago, according to Breakout Point, a data and analytics firm.\nNew followers began flooding copycat message boards on Reddit almost immediately. A forum calling itself WallStreetBetsNew, which was founded last year, ballooned to nearly 200,000 users, from about 71,000 earlier in the day.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":7,"commentSize":6,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.33.2","shortVersion":"4.33.2","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2107292381"}