Reddit Stock Surges on Its First Day of Trading
[ad_1] A big concern ahead of the public listing was that Reddit, the platform that gave birth to the memestocks of 2021, could also suffer the wild price swings caused…
Reddit IPO Filings Reveal the Company’s Hopes—and Fears
[ad_1] The amount of time Reddit reports that users spend with its service hasn’t significantly budged either. In September 2021, the company said that US users on average engaged for…
Reddit’s Sale of User Data for AI Training Draws FTC Investigation
[ad_1] Reddit said ahead of its IPO next week that licensing user posts to Google and others for AI projects could bring in $203 million of revenue over the next…
Can Reddit—the Internet’s Greatest Authenticity Machine—Survive Its Own IPO?
[ad_1] Alyssa Videlock was 11 years old when she started searching for people like her on the internet. What she found, back in the early 2000s, was not at all…
Rad Power Bikes Has 4 New Models—and Safer Batteries
[ad_1] The Seattle ebike company Rad Power Bikes has announced four new ebike models, all of which have the very important distinction of being unlikely to have their batteries suddenly…
No, ‘Leave the World Behind’ and ‘Civil War’ Aren’t Happening Before Your Eyes
[ad_1] Several people are typing, and they’re all saying Netflix’s Leave the World Behind is wildly prescient. The movie, directed by Sam Esmail, opens on a world where communication has…
Reddit Is Letting Power Users In on Its IPO. Not Everyone’s Buying
[ad_1] Reddit didn’t immediately respond to a request for comment for this story. Unwanted Offer Reddit’s investment offer to users is known as the Directed Share Program. “Because you have…
Reddit’s IPO Filing Is Missing Something: Cofounder Alexis Ohanian
[ad_1] Reddit cofounders Steve Huffman and Alexis Ohanian spent about eight straight years living together, initially as college room mates, playing World of Warcraft late into the night and later…