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This broadening of the platform has also been reflected in the business. Reddit went public earlier this year at a $6.4 billion valuation, and last quarter, the 20-year-old company turned a profit ...
Steve Huffman, Reddit's CEO. On April 18, 2023, Reddit announced it would charge for its API service amid a potential initial public offering. [6] Speaking to The New York Times ' Mike Isaac, Reddit CEO Steve Huffman said, "The Reddit corpus of data is really valuable, but we don't need to give all of that value to some of the largest companies in the world for free".
Topix removed the human sexuality topic, which was one of its most popular topics, from its forums on June 26, 2016. The Topix local news and forums were shut down on December 20, 2018. [3] Topix launched new entertainment-focused slideshow and quiz-based sites named Stars and Offbeat in 2015, and has continued to launch additional new sites since.
Reddit has also taken action to issue a subreddit entitled r/IsElonDeadYet - in which a user posted near-daily that Musk had not passed away - with a permanent ban. Bans and threats
(Reuters) -Reddit missed market estimates for daily active unique visitors in the fourth quarter on Wednesday, hit by changes in Google's search algorithm that impacted how often the social media ...
Reddit (/ ˈ r ɛ d ɪ t / ⓘ) is an American social news aggregation, content rating, and forum social network. Registered users (commonly referred to as "Redditors") submit content to the site such as links, text posts, images, and videos, which are then voted up or down ("upvoted" or "downvoted") by other members.
Thousands of Reddit discussion forums have gone dark this week to protest a new policy that will charge some third-party apps to access data on the site, leading to worries about content ...
Social media platform Reddit's market debut on Thursday ended a more than two year-long wait but shifts the focus to how it will compare with the other publicly listed peers. Despite its cult-like ...