Robinhood is nearly $300 million down, lays off a quarter of its staff, and gets hit with $30 million fine

Starting with the staff-cut news, company CEO and co-founder Vlad Tenev announced that Robinhood would reduce its headcount by approximately 23% as part of a broader company reorganization into a General Manager structure.
https://www.techspot.com/news/95509-robinhood-lost-nearly-300-million-q2-lays-off.html?utm_source=dlvr.it&utm_medium=blogger

Mobile app spending approached $65 billion in the first half of 2021, up more than 24 percent year over year

Although spending so far this year has eclipsed what was generated in the first half of 2020, year-over-year growth is actually down 3.6 percent when comparing 2020 to 2019. https://www.techspot.com/news/90229-mobile-app-spending-approached-65-billion-first-half.html?utm_source=dlvr.it&utm_medium=blogger

As GDPR turns two, some are doubting the Irish Data Protection Commission's ability to enforce rules

It's been two years since the European Union's General Data Privacy Regulation (GDPR) went into effect, with sweeping changes to how companies are able to handle customer data. It's also inspired similar rules that were adopted in the US, such as California's Consumer Privacy Act. https://bit.ly/36ycXJd

Intel Raptor Lake Refresh processors to land in Q4, followed by Arrow Lake-S a year later

Intel will supposedly release its unlocked Raptor Lake Refresh processors in October, with non-K SKUs following suit sometime before the end of the year. According to another leaker, the company will market these as the 14th-gen Core series, meaning that it will keep the iconic "i" branding for another year. Read Entire Article https://www.techspot.com/news/99114-intel-raptor-lake-refresh-processors-land-q4-followed.html?utm_source=dlvr.it&utm_medium=blogger

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