Silicon Valley - Page 8

Robinhood Blames ‘Thundering Herd’ Effect for Stock Trading Outages

The Robinhood trading app crashed this week during a major U.S. trading day, preventing customers from making trades as stocks surged, an outage that lasted into Tuesday. Robinhood is blaming “stress on our infrastructure” and the “‘thundering herd’ effect” for the problems, which it vows to fix. The platform’s customers were not impressed.

The Associated Press

Robinhood App Crashes, Stock Trading Fails over Multiple Days

Popular online brokerage platform Robinhood suffered an outage lasting an entire trading day which prevented customers from making trades as stocks surged Monday. The outage has continued into Tuesday’s trading hours with Robinhood not providing timing for its service to be reinstated.

Robinhood CEO Baiju Bhatt

NYT: Big Tech Is Invading the Big Apple

A recent report from the New York Times claims that Silicon Valley’s reputation as the home of major tech firms may soon be threatened as many companies open offices in New York City.

Facebook CEO Mark Zuckerberg is applauded as he delivers the opening keynote introducing n

Bokhari: From Utopian to Petty – Silicon Valley’s Decade of Decline

In technology, “Moore’s Law” refers to the doubling of microchip processing power every two years. Come rain or shine, every two years, new computers will roll off the production lines twice as powerful as the previous generation. Unfortunately Silicon Valley has gone backwards over the last decade at the same speed.

Facebook CEO Mark Zuckerberg closeup