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OpenAI, Reddit teaming in deal that will bring Reddit's content to ChatGPT

OpenAI, Reddit teaming in deal that will bring Reddit's content to ChatGPT

Fri, May 17, 2024

Reddit made its debut on Wall Street in March, with investors pushing the value of the company close to $9 billion seconds after it began trading on the New York Stock Exchange.

Reddit prices IPO at top of indicated range to raise $748 million

Reddit prices IPO at top of indicated range to raise $748 million

Thu, Mar 21, 2024

Reddit IPO, Reddit IPO price: Social media platform Reddit (RDDT.N) priced its initial public offering at the top of its targeted range of $31 to $34 per share on Wednesday, raising $748 million and giving the ailing technology IPO market a much-needed boost. Reddit and its existing shareholders sold 22 million shares at $34 a share, giving Reddit a valuation of about $6.4 billion.

IPO-bound Reddit discloses patent infringement complaint from Nokia

IPO-bound Reddit discloses patent infringement complaint from Nokia

Tue, Mar 19, 2024

Reddit, which has been involved in patent infringement litigation in the past, is targeting a valuation of up to $6.5 billion for its IPO in one of the most-anticipated share sales in recent years.

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Reddit targets up to $6.4 billion valuation in much-awaited US IPO

Reddit targets up to $6.4 billion valuation in much-awaited US IPO

Mon, Mar 11, 2024

The IPO, a major litmus test of investor appetite for new listings, will come more than two years after the company began preparations to go public. So far this year, the IPO market recovery has been uneven. The targeted valuation, on a fully diluted basis, is less than the $10 billion Reddit was valued at after a fundraising in 2021.

Reddit in AI content licensing deal with Google

Reddit in AI content licensing deal with Google

Thu, Feb 22, 2024

The contract with Alphabet-owned Google is worth about $60 million per year, according to one of the sources.

Reddit back after 'major' outage

Reddit back after 'major' outage

Thu, Aug 03, 2023

Social discussion platform Reddit on Thursday said that it has "resolved" an issue causing elevated error rates.

Reddit removes chat history prior to 2023

Reddit removes chat history prior to 2023

Sun, Jul 16, 2023

The day before the changelog was published, a user shared their frustration on the help subreddit, revealing that they had lost access to a three-year conversation history with a friend on the site.

Hackers threaten to leak 80GB of stolen Reddit data amid API change controversy

Hackers threaten to leak 80GB of stolen Reddit data amid API change controversy

Mon, Jun 19, 2023

Mired in controversy over its application programming interface (API) changes, Reddit is now in for further trouble as hackers have threatened to release 80GB data stolen from the social discussion platform.

Despite widespread protest, Reddit CEO says company is 'not negotiating' on 3rd-party app charges

Despite widespread protest, Reddit CEO says company is 'not negotiating' on 3rd-party app charges

Sat, Jun 17, 2023

Huffman and Reddit management also note that the new fees will only apply to eligible third-party apps that require high usage limits.

Reddit lays off nearly 90 employees, reduces fresh hiring

Reddit lays off nearly 90 employees, reduces fresh hiring

Wed, Jun 07, 2023

Reddit CEO Steve Huffman said in an internal email to employees Tuesday that they had a solid first half of the year, and "this restructuring will position us to carry that momentum into the second half and beyond".

HP prevents customers from using 3rd-party ink for security

HP prevents customers from using 3rd-party ink for security

Mon, Mar 13, 2023

It appears that the company is extending its dynamic security policy to more devices that were previously compatible with cartridges from other manufacturers.

Reddit introduces new feature to make comments searchable

Reddit introduces new feature to make comments searchable

Sun, Apr 17, 2022

Reddit has announced a new feature that gives users the ability to search comments, alongside a few other search-related features.

Reddit confidentially files for IPO with US securities regulators

Reddit confidentially files for IPO with US securities regulators

Thu, Dec 16, 2021

Reddit Inc, known for its message boards that became the go-to destination for day traders during this year`s meme stock frenzy, said on Wednesday it had confidentially filed for an initial public offering with U.S. securities regulators.

How Facebook, Google, Microsoft, other tech giants plan to fight corona misinformation, frauds

How Facebook, Google, Microsoft, other tech giants plan to fight corona misinformation, frauds

Tue, Mar 17, 2020

Top tech giants Facebook, Google, LinkedIn, Microsoft, Reddit, Twitter and YouTube have come together to help fight the fake news and misinformation related to COVID-19 on their platforms.

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