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Periscope About
Just over a year ago, we became fascinated by the idea of discovering the world through someone else’s eyes. What if you could see through the eyes of a protester in Ukraine? Or watch the sunrise from a hot air balloon in Cappadocia? It may sound crazy, but we wanted to build the closest thing to teleportation. While there are many ways to discover events and places, we realized there is no better way to experience a place right now than through live video. A picture may be worth a thousand words, but live video can take you someplace and show you around.
Periscope Data named Amazon Redshift as the best cloud-based data warehouse offering in recent testing conducted to better advise its customers on which technology to choose. 'After investigating Redshift, Snowflake and [Google] BigQuery, we found that Redshift is the best choice for real-time query speeds on our customers typical data volumes,' said the company in a recent blog post titled 'Interactive Analytics: Redshift vs Snowflake vs BigQuery.' Periscope provides a data analysis platform that uses SQL queries to hook into databases and data warehouses to produce analytic reports, specializing in data visualization. In attempting to estimate the respective performance of the three offerings in real-world use cases, the company tested with queries written by Periscope analysts on 1 billion rows of internal page visit logs, weighing in at 150GB of uncompressed data. Periscope said its customers typically work with tens-of-millions to tens-of-billions of rows of data. The company said it conducted the cost/performance data warehouse research with a focus on real-time, interactive analytics in order to better guide its customers who ask for help in picking a cloud platform to work with Periscopes offerings. 'Our customers want to know where to get the fastest query times, how much data their data warehouse can handle, how much it will cost them. We want to make sure we provide the best recommendations to our users when they ask for our help navigating the data warehouse space, so we put Redshift, Snowflake and BigQuery to the test,' the company said. Going beyond just raw performance data, Periscope conducted initial run-time tests to measure fastest possible speeds and then factored in costs to better serve its budget-conscious customers. 'Bolstered that the warehouse solutions were producing comparable performance, we stepped into a wider set of queries,' the company said. 'Speed is important, but the deciding factor for many users is their budget. The real question we want to answer is how much performance will be available at different price levels.' Much of the companys report focused on a comparison of Snowflake and Redshift. Periscope actually uses Redshift in its own platform and recently partnered with Snowflake to support its warehouse solution on the Periscope Data Platform. It also tested against BigQuery, which it said is used by 'a vocal minority' of Periscope customers. In addition to performance and cost, the company examined technical models and pricing models of the three offerings. 'For technical teams managing workloads of ranging from the millions to the few billions, Redshift is our winner on both price and performance,' the company concluded in a 'takeaway.' Furthermore, 'The pricing model is easy to understand, prevents unexpected fluctuations in cost, and query speeds are available at lower price points for daily-active clusters.' Periscope also published an analysis of the data warehouse management capabilities of the three offerings, though it didnt pick a 'winner' in that report. 'BigQuery, Snowflake and Redshift all have Web-based consoles where you control your data, clusters, user management, query logging and system analytics,' the company said. 'In this post we will visit the management console of each system and the supporting tools for managing your warehouse deployments.' Go to the Data Warehouse Management: Redshift, BigQuery, and Snowflake post for more on that analysis. Perisearch,Periscope Profile
© Justin Sullivan/Getty In this photo illustration, the Robinhood logo is displayed on an iPhone on December 17, 2020 in San Anselmo, California.

Stock trading app Robinhood was swamped with negative reviews on the Google Play Store on Thursday after citing 'market volatility' as its reason for delisting support for securities including GameStop, AMC, Blackberry and Nokia.

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The move sparked outrage on Twitter and the Reddit community r/WallStreetBets, which was at the center of a stock-trading storm this week after its members poured money into the retail company GameStop in order to disrupt hedge fund short sellers.

On Google Play, the investment and trading Android app has been left with a rating of one out of five after being bombed with a barrage of critical reviews.

The general vibe was anger, with commenters lashing out at the company for seemingly siding with Wall Street and alleging it was taking part in market manipulation. Some said it could face legal action. Others said they would be switching to different apps.

'Robinhood participates in market manipulation and does not support a free and open market,' one person wrote. Another review said: 'They were supposed to be here for us, the small people, not bow down to the Hedge Fund Gods. Disappointed.'

A third critical comment about the Android trading app fumed: 'In the pocket of Wall Street, blocks stocks from trading where Wall Street has overloaded positions. Enables Wall Street to continue manipulating the market. Pulling all of my money today.'

© Robinhood/Google Play The Robinhood Android app has been swamped with one-star reviews. Robinhood/Google Play

The frustrations spilled over onto the official Robinhood Twitter account, where its blog post announcing the transaction changes was met with derision and anger. The ratio spoke for itself, as the update attracted more than 30,000 responses in an hour.

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One widely-like response read: 'You'd think with a brand name like Robinhood you'd be all about the working class outsmarting the rich. You guys [expletive] blew it.'

You’d think with a brand name like Robinhood you’d be all about the working class outsmarting the rich. You guys fkn blew it.

— FaZe Banks (@Banks) January 28, 2021

Robinhood said in the blog its mission was to 'democratize finance for all' and asserted it fundamentally believes 'everyone should have access to financial markets.'

What it did not seem to provide was a clear explanation of why the stocks were delisted, only suggesting an influx of trading this week demanded the changes be made.

'We continuously monitor the markets and make changes where necessary. In light of recent volatility, we are restricting transactions for certain securities to position closing only, including $AAL, $AMC, $BB, $BBY, $CTRM, $EXPR, $GME, $KOSS, $NAKD, $NOK, $SNDL, $TR, and $TRVG. We also raised margin requirements for certain securities,' it said, using financial terms for firms, including GameStop (GME).

The massive GameStop stock rally this week had extended to additional companies, including American Airlines (AAL) Nokia (NOK) and BlackBerry Limited (BB).

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Trading app WeBull confirmed in a tweet that it had also stopped trading on GameStop stock on Thursday, citing 'extreme volatility in the symbols AMC, GME, and KOSS.'

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