US stock market ends the October on a strong note — How did the S&P 500, Nasdaq and Dow perform? Here’s the top gainers and losers on Wall StreetUS stock market today surged as Amazon shares jumped 9.6% after reporting Q3 revenue of $180.2 billion and 20% growth at AWS. The Nasdaq ro...
01 Nov, 2025, 07.27 AM IST
AI search pushing an already weakened media ecosystem to the brinkGenerative AI tools like ChatGPT are reducing traffic to news websites by providing direct summaries, threatening media revenue models. As ...
04 Aug, 2025, 08.54 AM IST
GoPro stock skyrockets 30% - could this be the next meme stock sensation?GoPro stock is suddenly grabbing headlines as it skyrockets over 30% in just a day, sparking major buzz across Reddit and retail investor c...
23 Jul, 2025, 09.41 PM IST
How Reddit, one of US' most-visited platforms, became a darling for AI companiesReddit, a social media veteran and IPO newbie, is the new attractive resource for AI companies. Reddit's huge amount of data works well for...
12 Dec, 2024, 07.07 PM IST
India now a focus market for Reddit, says CEO Steve HuffmanReddit registered an India subsidiary in August this year and started leveraging the influencer connect to gather users – it hosted AMA (as...
04 Nov, 2024, 01.34 PM IST
Ecommerce festive sales surge; Cred’s insurance playHappy Monday! Ecommerce platforms saw significant growth in festive sales this year. This and more in today’s ETtech Morning Dispatch.
04 Nov, 2024, 07.18 AM IST
Cerebras, an AI chipmaker trying to take on Nvidia, files for an IPOCerebras, based in Sunnyvale, California, unveiled its investor prospectus on Monday, taking an important step toward listing its shares on...
01 Oct, 2024, 05.17 PM IST
Reddit forecasts quarterly revenue above estimates on strong ad spendThe results, its second after going public in March, follow bigger rival Meta's upbeat second-quarter revenue and rosy sales forecast, driv...
07 Aug, 2024, 09.13 AM IST
US news publishers sue Microsoft, OpenAI: All you need to knowUS news publishers sue Microsoft and OpenAI for copyright infringement in training AI models. OpenAI responds by emphasizing support for ne...
01 May, 2024, 04.44 PM IST
Unicorn hiring trends; smartphone makers to gain further groundThe ongoing funding winter and concerns over profitability have not deterred homegrown unicorns from onboarding top talent. This and more i...
22 Mar, 2024, 08.26 PM IST
Reddit shares end trading up 48% in market debutWhile Reddit still relies on advertising for the vast majority of its revenue, it touted AI in its IPO marketing roadshow as an area of gro...
22 Mar, 2024, 07.51 AM IST
OpenAI’s Sam Altman stands to rake in over $400 million from Reddit IPOAltman is the third-largest shareholder in Reddit owning an 8.7% stake comprising 789,456 Class A shares and 11.4 million supervoting Class...
24 Feb, 2024, 03.54 PM IST
New feeding habits for AI: The Reddit-Google deal could show how content will be produced, owned and consumed on internetReddit signs a $60 million deal with Google to mine its content for training AI models. The deal raises questions about copyright laws, IPR...
23 Feb, 2024, 11.00 PM IST
GameStop shares drop as executives mum on turnaround plan detailsFresh from raising new capital and watching its share price march higher during the second quarter, GameStop executives reported that net s...
09 Sep, 2021, 08.52 AM IST
Robots on Wall Street wrestle with confusing world of RedditAfter the retail stock frenzy last month caused unprecedented havoc, hedge funds trawling the platform with algorithms have a renewed sense...
22 Feb, 2021, 10.13 PM IST
Reddit raises $250 million in funding, valuation doubles to $6 billionThe funding round was led by venture capital firm Vy Capital.
09 Feb, 2021, 02.24 PM 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