News Around the Globe
By Zilber Users of Reddit and X encountered widespread service disruptions Thursday afternoon – with both platforms experiencing intermittent outages, according to data from Downdetector. Reports of issues began spiking …
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By Thaler Social media platform Reddit is preparing to launch an initial public offering in March at a $10 billion valuation, moving forward with a listing it has been eyeing …
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By Moynihan Reddit announced it has confidentially filed paperwork with the Securities and Exchange Commission to go public. “The number of shares to be offered and the price range for …
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By Moynihan Shares of the free stock-trading app popped more than 20 percent Tuesday morning despite a lack of news, befuddling traders and drawing comparisons to the wild movements of …
Read More By Mcenery Some of the hedge funds hardest hit by January’s populist short squeeze have already begun recovering from the pain inflicted by retail traders looking to topple Wall Street. …
Read More By Kennedy The bosses of Robinhood, Citadel, Melvin Capital and Reddit will testify next week at a House hearing about the wild trading involving GameStop and other stocks. Citadel’s Ken …
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By Manskar Reddit’s army of retail traders might not have been only force behind the unprecedented GameStop rally that turned Wall Street upside down, new data show. GameStop was “notably …
Read More By Manskar Reddit said it has acquired video-sharing platform Dubsmash, making it the latest social-media giant to mount a challenge to TikTok. Seven-year-old Dubsmash lets users create and share videos …
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By Manskar Reddit tapped Y Combinator boss Michael Seibel to join the company’s board Wednesday after co-founder Alexis Ohanian stepped down to make way for a black person. The shakeup …
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By Sparks These days, folks need a merit badge for good behavior. Social networking and news aggregator Reddit knows this, which is why its creators recently launched “community awards,” which …
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