4 Tech News Stories That Made Waves in 2021

Posted by Tilt Recruitment on February 11th, 2022

4 Tech News Stories That Made Waves in 2021

Posted by Tilt Recruitment on February 11, 2022

The tech world is one that moves fast, so stories are always breaking. Some dominate the headlines immediately and seem like all everyone can talk about it. Then there are others that seem to fly under the radar, and you might have missed them, too.

So, even if, like much of the world, you’d prefer to leave the year 2021 as a memory and move forward to better things, it’s important to remember, that in terms of technology advancements, it wasn’t all bad.

Let’s take a look back at the four tech stories to make waves in 2021 and that will continue to impact us in 2022 and beyond.

GameStop and Meme Stocks

When it comes to making money from stock trading, we typically think of big investors or those or work on Wall St. However, 2021 was the year that this changed – thanks to tech.

In January 2021, many retail investors noticed that hedge funds shorted a whopping 140% of GameStop Stocks, causing a savvy group of r/wallstreetbets subreddit members to buy the stock in droves, which raised the price of the stock by over 300% in less than three days.

This started the meme stock movement, which is where social media has a direct impact on a company’s stock price. Needless to say, this has shaken the more traditional stock traders who are now seeing themselves beaten by social media amateurs.

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