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welcome to tech crunch daily news a roundup of the top tech news of the day

robinhood caps a wild week for new funding.

Coinbase is going public and Johnson and Johnson revealed new vaccine trial data.

This is your daily crunch. The big story is after reportedly tapping its

credit lines Robin Hood raised $1 billion in new funding from existing investors.

It seems the company needed the money in order to meet regulatory

minimums and other requirements tied to users trading activity.

Meanwhile, the SEC has issued a statement that doesn't specifically mention Robin Hood

or Game Stop by name, but it says that extreme stock price

volatility has the potential to expose investors to rapid and severe losses that could undermine market confidence.

In Tech Giants, you can now give Facebook's Oversight Board feedback on the decision to

suspend former President Trump.

The board says the point of the public comment process is to incorporate diverse perspectives

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