Reddit sues AI company Perplexity and others
Digest more
Reddit, the message board site known for its chronically online userbase and for originating much internet discourse, filed for its long-anticipated initial public offering on Thursday. The move would make Reddit the first major social media company to go ...
Reddit makes most of its money from advertising. The social media platform's shares jumped 48% from their IPO price on their first day of trading in March 2024. Reddit's AI data licensing to companies like Google provides a growing revenue stream.
Reddit IPO rumors have been swirling for years, but an exclusive report says the controversial online community will finally go public in 2024. Will you invest in the Reddit IPO? Get ready to make an informed decision with this quick guide to Reddit.
Reddit CEO Steve Huffman is continuing his damage control tour, this time via a new interview with The Verge. Despite a large number of subreddits still offline in protest over Reddit’s changes to third-party apps, Huffman is once again doubling down on ...
Shares of Reddit ( RDDT -0.93%) have soared 160% in the past 12 months, as the social media company proves to be a rising star in the tech world. It's arguably still in the early innings of its growth, however, and investors have been eager to get in relatively early on what could be a much bigger business in the future.
Across Reddit, often buried inside the comments section, you’ll find elaborate descriptions of image posts and videos, social media screenshots and memes. In one post on the subreddit r/hmmm, a user comments with a description of an image of a man with a ...
Reddit, internet message board turned collaborative institution, is now eying its own initial public offering (IPO). On Wednesday, Reddit announced that it had confidentially submitted a draft registration of a proposed common stock offering. There are few ...