Former acting attorney general Matt Whitaker discusses Facebook to shut down a popular stock trading group.
Google is helping to clear up negative reviews of the Robinhood trading app on Google Play after the platform came under fire because it restricted some trading, reports show.
Reviews on Robinhood’s app had a one-out-of-five-star rating on Thursday, with nearly 275,000 reviews on Google Play after the platform initially restricted trading in certain effects, including GameStop, Bed Bed & Beyond, Blackberry and Nokia. has.
| Ticker | Safety | Last | Alter | Alter% |
|---|---|---|---|---|
| GME | GAMESTOP CORP | 332.99 | + 135.55 | + 68.65% |
| BBBY | BED BATH & BEYOND INC. | 35.22 | +1.58 | + 4.70% |
| BB | BLACKBERRY LIMITED | 14.15 | -0.51 | -3.47% |
| NOK | NOKIA CORP. | 4.57 | -0.14 | -2.98% |
The tech giant has deleted nearly 100,000 negative reviews of the app, as seen in screenshots first shared by tech news site 9to5Google.
LIVE UPDATES: GAMESTOP, AMC WATCH, ROBINHOOD UPDATES
Google later confirmed to The Verge that it ‘combines human intelligence with machine learning to detect and enforce policy violations in ratings and reviews’, which includes a policy banning reviews written for the purpose of an app to manipulate its rating.
| Ticker | Safety | Last | Alter | Alter% |
|---|---|---|---|---|
| GOOGL | ALPHABET INC. | 1,840.05 | -13.15 | -0.71% |
Google did not immediately respond to a request from FOX Business.
GAMESTOP STOCK FRENZY: WHAT TO KNOW
Robinhood resumed trading these shares on Friday, apologizing to customers after a severe setback from users, as well as politicians and celebrities. The app had 2.4 million reviews as of Friday morning and nearly five out of five stars in the App Store.
The restrictions come after an unexpected increase in certain stocks that traditional investors expected to fall after a group of retail investors from a Reddit forum called WallStreetBets started accumulating in these securities, hurting short sellers in the process.
GET FOX BUSINESS ON THE GO by clicking here
Two Robinhood users filed lawsuits against the app on Thursday, accusing them of manipulating the platform to stop investors from buying shares of GameStop, which totaled $ 320 on Friday morning after sitting at about $ 17 just a few weeks ago.
CLICK HERE TO READ MORE ABOUT FOX BUSINESS