Reddit

Reddit Files to Go Public, Will Let Top Users Buy IPO Shares

Reddit has officially filed on Thursday with the Securities and Exchange Commission to go public, aiming for a New York Stock Exchange listing under the ticker symbol RDDT. This move positions Reddit as the first significant tech initial public offering (IPO) of the year and marks the first social media platform to go public since...

Reddit Signs Deal with Google to Train AI Models [Update]

Reddit has entered into a significant agreement with Google, allowing the search engine to use its website data for training artificial intelligence models. This deal, said to be valued at roughly $60 million USD annually, was confirmed by three individuals familiar with the negotiations, reports Reuters. The partnership highlights Reddit's strategic moves to diversify its...

Reddit Enhances Search Experience on iOS and Android

Reddit has announced significant updates to its search functionality on mobile platforms, aiming to provide a more user-friendly and efficient experience. The changes, which went live on Reddit's Android and iOS apps on Wednesday, include the introduction of a new Media search tab that allows users to browse videos, GIFs, and images in one place....

Minecraft Developers Quit Reddit Ahead of Upcoming Changes

Developers from Mojang Studios, the creators of the popular video game Minecraft, have quit Reddit following the platform's controversial API billing increases, which has affected third-party apps such as Apollo. The Microsoft-owned company confirmed the move in a post on the r/Minecraft subreddit. “Reddit management introduced changes recently that have led to rule and moderation...

Reddit CEO Suggests User Votes to Remove Moderators

In an attempt to quell a user-led protest that has rendered large parts of Reddit inaccessible, CEO Steve Huffman has announced plans to institute rule changes that would allow users to vote out moderators overseeing the protest. Huffman compared the current moderators to a "landed gentry" and expressed his desire for a more democratic system...

Reddit CEO Stands Firm Amidst Protests: ‘It’s Time We Grow Up’

The CEO of Reddit, Steve Huffman, has spoken out, stating that the widespread protests on the platform have not altered the company's decision to implement charges for data. This announcement comes despite the tumult the decision sparked across the platform, resulting in thousands of discussion groups turning 'dark.' In his first interview since nearly 9,000...