Reddit users will soon see AI-generated summaries at the top of search results. Reddit co-founder and CEO Steve Huffman told investors during its earnings call on Tuesday that the company…
code references found in the X iOS app indicate that the company could be considering adding downvotes for replies only to improve how they’re ranked.
Reddit is taking a stand against AI companies — or at least asking them to pay up. Earlier this week, Reddit announced that it’s changing…
Reddit says the update shouldn’t affect the majority of users or good faith actors, like researchers and organizations, such as the Internet Archive.
Last week was a big one for AI news, and one thing that stood out to us was OpenAI’s deal with Reddit. Per the terms of…
OpenAI has reached a deal with Reddit to use the social news site’s data for training AI models. In a blog post on OpenAI’s press relations site, the company said…
Reddit announced on Wednesday that it is reintroducing its awards system after shutting down the program last year. The company said that most of the mechanisms related to awards will…
As part of the update, Reddit also launched a dedicated AMA tab within the web post composer.
The newly announced “Public Content Policy” will now join Reddit’s existing privacy policy and content policy to guide how Reddit’s data is being accessed and used by commercial entities and…
Reddit — now a publicly-traded company with more scrutiny on revenue growth — is putting a big focus on boosting its international audience, starting with francophones. In their first-ever earnings…
As a TikTok ban gets closer to becoming a reality in the United States, it might be time to start thinking about other platforms to adopt early in case you…
The company is launching a new unified media player, along with instant comment loading and a direct shortcut to conversations.
It’s a big year for Reddit. After its IPO, the platform is planning a slew of product features for the year ahead, and — spoiler alert — most of them…
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Vana plans to let users rent out their Reddit data to train AI
In the generative AI boom, data is the new oil. So why shouldn’t you be able to sell your own? From Big Tech firms to startups, AI makers are licensing e-books, images, videos, audio and more from data brokers, all in the pursuit of training up more capable (and more…
Shares of social forum giant Reddit closed its first day of trading at $50.31, up nearly 48% from its IPO price of $34 per share. The company had indicated a…
Reddit priced its stock on Wednesday at $34 a share, the top of the anticipated range, a signal that investors are excited about the company’s IPO on Thursday. The social…
Reddit is introducing a new ad format that looks similar to posts made by users on the platform, the company announced on Thursday. The launch comes as Reddit is readying its…
The long-running dearth of IPOs could be coming to a close, partly due to Reddit’s upcoming public debut. Expected to list this month, Reddit saw its valuation soar during the…
If investors agree to pay its high-end range, Reddit’s valuation should hit around $5.4 billion.
Reddit’s IPO should be interesting to watch — and not just because the business remains unprofitable, but also because of how the company has chosen to bring in its community of…
Reddit announced today that it’s launching a suite of tools, called Reddit Pro, to help businesses grow an organic presence on the platform. The launch comes as Reddit is readying…
If secondary buyers aren’t buying shares at more than a $5 billion valuation, it wouldn’t be wise for Reddit to price its IPO above that.
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Reddit IPO could usher in the next big meme stock, users speculate
Jeremiah Johnson says he has “an embarrassing amount” of Reddit karma. So, as a longtime moderator of subreddits like r/economics, he was part of a select group of power users who were granted first dibs to buy stock in Reddit’s IPO as the company prepares to go public. “You would…
Reddit’s long-awaited IPO is nearing, promising to be the largest social media IPO since Pinterest. But in the company’s S-1 filing, Reddit fails to fully address the complications that arose…
As Reddit finally files to go public, the company wrote in its S-1 filing that “meme stock” schemes on r/WallStreetBets could pose a risk to investors. The subreddit r/WallStreetBets, a…
Reddit’s prospects as it barrels toward a stock market listing have a lot more to do with relationships with AI vendors such as OpenAI than one might expect. In its…
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Reddit files to go public at last
Social media giant Reddit filed to go public today. Its long-awaited S-1 filing will see it approach the public markets potentially at the head of a long column of richly valued technology startups and private companies that need to find an exit this year. The timing of Reddit’s IPO is not…
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Social networks are getting stingy with their data, leaving third-party developers in the lurch
2023 was the year social networks realized that they were sitting on massive troves of data. And some companies, such as Twitter (now X) and Reddit, decided to change their terms to shut out third-party experiences on these platforms. In the process, they also put a price on their data…
Fidelity has cut the value of its holding in Meesho by 33.6% since the original investment, giving the Indian social commerce startup a valuation of $3.25 billion. Adjusted for outstanding…
Reddit’s feeling out its own IPO valuation is crucial, especially given that hightened regulatory scrutiny is restricting M&A as an exit avenue for unicorns.
