Reddit Inc stock soars 15%: Is it time to buy into the hype? What is the reason behind the jump?Reddit introduced a suite of AI-driven advertising solutions, a development widely viewed as pivotal to its evolving revenue strategy. The ...
17 Jun, 2025, 09.29 PM IST
Reddit sues AI startup Anthropic for allegedly using data without permissionAccording to the complaint, Anthropic has resisted entering a licensing agreement even as it trained its Claude chatbot on Reddit content, ...
05 Jun, 2025, 08.41 AM IST
Reddit blackout begins as forums protest charges for developersThe protest is expected to last at least 48 hours, although some groups have signaled they will stay dark for longer.
12 Jun, 2023, 02.33 PM IST
Founder of WallStreetBets, which helped ignite meme stock frenzy, sues RedditJaime Rogozinski said his ouster, ostensibly for violating Reddit policy by "attempting to monetize a community," was a pretext to keep him...
16 Feb, 2023, 09.58 AM IST
Reddit eyes IPO in second half of 2023: reportReddit and other firms including grocery delivery firm Instacart are keeping their initial public offering paperwork up to date, in prepara...
15 Feb, 2023, 12.10 PM IST
Reddit taps Morgan Stanley, Goldman Sachs for IPOReddit had confidentially filed for an IPO in December and is aiming for a valuation of over $15 billion at the time of its flotation. It w...
08 Jan, 2022, 10.28 AM IST
Reddit says it has filed with SEC to go publicReddit Inc said in a statement that it has "confidentially submitted a draft registration statement on Form S-1 with the Securities and Exc...
16 Dec, 2021, 10.23 AM IST
Reddit seeks to hire advisers for US IPO: SourcesReddit was valued at $10 billion in a private fundraising round last month. By the time the IPO takes place early next year, Reddit hopes i...
03 Sep, 2021, 08.56 AM IST
Zombie stocks defy bankruptcy logic as meme traders bid them upRedditors have bid up shares of AMC Entertainment Holdings Inc. and GameStop Corp. so much that it’s saved them -- for now, at least -- fro...
12 Jun, 2021, 01.20 PM IST
Reddit hires former Snap executive Drew Vollero as first CFOThe appointment of Vollero, who as the first finance chief of Snap guided its transition to a public company, comes amid rising expectation...
05 Mar, 2021, 08.25 PM IST
Reddit value hits $6 billion after users fueled a stock frenzyReddit intends to spend the cash to develop its advertising business, expand internationally and add video tools, the company said in a sta...
09 Feb, 2021, 11.17 AM IST
GameStop’s giant bubble deflates further after $27 billion routGameStop, the poster child for Redditors looking to squeeze short sellers, plunged 60 per cent Tuesday, and has now erased more than $27 bi...
03 Feb, 2021, 03.02 PM IST
GameStop sinks as shorts interest drops, retail looks elsewhereThe video-game retailer fell for the second time in three sessions as shares of silver miners and AMC Entertainment Holdings Inc. became th...
01 Feb, 2021, 09.29 PM IST
GameStop shows rising power of retail traders, says Reddit co-founderRobinhood Markets Inc. and other online brokerages curbed trading in GameStop and AMC Entertainment Holdings Inc. on Thursday after users i...
29 Jan, 2021, 08.53 AM IST
Reddit said to be raising funds valuing startup at $1.7 billionIn recent weeks, Reddit Inc. was looking for investments totaling about $150 million, said one of the people, who asked not to be identifie...
18 Jun, 2017, 01.10 PM IST
Ellen Pao resigning as CEO of RedditReddit said Friday that interim CEO Ellen Pao resigned from the company, and co-founder Steve Huffman is back as its CEO.
12 Jul, 2015, 01.53 AM IST
We screwed up, says Interim Reddit CEO Ellen Pao to usersInterim Reddit CEO Ellen Pao apologised to the Reddit community after an online petition asking the company to oust Pao racked up over 175,...
08 Jul, 2015, 10.16 AM IST