Kubernetes can be a part of a serverless architecture (most serverless architectures that I know use K8s). Not using Kubernetes has nothing to do with serverless really. Itâs just an orchestration tool. Redundancy is one of the core elements of Kubernetes, running multiple pods, having restart policies etc.
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Robinhood status update: trading and fractional trading are 
right now.
Thatâs a lot of new debt on their balance sheet they have to pay back.
LA Times/Bloomberg:
Robinhood drew its entire $200-million credit facility from Barclays, Citigroup Inc. and JPMorgan Chase & Co., according to people familiar with the matter.
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âSimilar to most broker dealers we have multiple revolving credit lines,â a spokesperson said in a statement. âWe have additional larger credit lines that remained fully unused last week.â Robinhood said it wasnât unusual for companies to take precautionary measures during such market conditions.âCompanies donât tap their credit line unless they need to,â said David Ritter, an analyst at Bloomberg Intelligence, who spoke generally about the issue without commenting directly on Robinhood. When companies do, itâs âperhaps not a good signal with regard to their cash burn, which could make creditors nervous.â
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The latest technology problems have drawn the attention of the Financial Industry Regulatory Authority, which has been in touch with Robinhood on the matter, according to a spokeswoman for the brokerage regulator. The firm previously agreed to pay $1.25 million to the watchdog for allegedly failing to ensure customers received the best prices for securities orders. It didnât admit or deny the allegations when settling the complaint.
Wow. All sounds very serious. Will be interesting when the facts come out.
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Not a big deal as long as news like this doesnt end the era of commission free stock trading. It started so well 
So the closest thing to a Freetrade competitor is delaying their launch ⊠
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Why do you think RH is closer to FT than T212 is? Just because of their CFD part?
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The new investment round would be led by venture-capital titan Sequoia Capital, the sources said. They also noted that a final deal hasnât been reached and may not happen.
"Weâre simultaneously working to reduce the interdependencies in our overall infrastructure. Weâre also investing in additional redundancies in our infrastructure.â
The market turmoil has certainly been good for Robinhoodâs top line, with revenue totaling $60 million in March, about triple the figure from a year earlier, one of Bloombergâs sources said.
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Yup, theyâre fine.
Do you think it will happen? Sounds like the outbreak has been good for financial firms. Even Freetrade seems to have lots of new users!
Does it work the same for fund raising?
I signed up for the wait list but nothing happened. Glad we already have Freetrade!
The forum seems rather blinkered about Trading212 - personally I use both, and while I have a lot of loyalty to Freetrade as I started with them first, and have my ISA with them, its rather obvious that Freetrade have a LOT of catching up to do with T212 not the other way around.
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Rather wary than blinkered.
We know FT is building a sustainable business, while 212 is on top of a legacy provider.
They are doing a bait and switch, heavily targeting FT users (I canât open a Youtube video without a 212 ad). Itâs been discussed several times before that theyâre using a strategy to lure new investors into CFDs, as has been said so by the CEO.
Which provider do you prefer to have your hard-earned money at?
Fair points - also why my money is with Freetrade ISA rather then Trading212 currently - I have a basic account with both companies, but ISA with Freetrade only. Also the same points I make when people ask me to recommend one over the other.
Probably a poor choice of words on my part - what I meant is that a lot of the forum base think Freetrade are offering a much superior service, and that Trading212 are trying to catch up, which from my experience of both apps isnât quite the case. (Obviously just my opinion not facts) Absolutely agree with you that FT are more upfront about where/how they make their money. Trading212 absolutely want their customers to invest in CFDs where most retail investors lose money. I do wonder if long term they will switch to charging for ISAs too.
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To balance this out a little, if users have an app that gets the job done (e.g. ZOOM) they donât have to worry about the internals.
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It doesnât have to be black and white all the time, especially in brokerage industry where no one takes all. Consumers can choose multiple service providers. So I wonât shoot down any provider; having a balanced approach makes more sense to me. Perhaps I am not a Freetrade investor, so I donât have vested interest to having have to back it as my one and only one broker. Just my 2 cents.
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