On The Daily (OTD) - 1st October 2024

Top Stories Today: Robinhood and Apple.

Table of Contents

Top Stories Today

Economy & Finance

Robinhood

Robinhood has announced that its European customers can now transfer cryptocurrencies in and out of its platform, marking an expansion of its services in the region. The move allows users in the EU to self-custody assets by transferring over 20 digital currencies, including Bitcoin, Ethereum, and Solana, to their own wallets. This follows Robinhood’s introduction of crypto trading in the EU last year. The expansion comes at a time when U.S. crypto firms face regulatory scrutiny, and Robinhood looks to benefit from more crypto-friendly regulations in Europe. The company is also acquiring Bitstamp to further expand its global reach.

Technology

Apple

The U.S. National Labor Relations Board has filed a complaint against Apple, accusing the company of violating workers' rights to organize by enforcing unlawful workplace policies. These include confidentiality, non-disclosure, and non-compete agreements that allegedly suppress employees' discussions about wages and working conditions. Apple disputes these claims, stating it respects workers' rights, but if not settled, the case will proceed to a hearing in January. The complaint stems from charges by former employee Ashley Gjovik and highlights ongoing labor issues at the company.

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