Tag: Reddit

Here you will find all the articles with the tag: Reddit.

Reddit IPO no guarantee of success

Reddit IPO no guarantee of success

After a long run-up, Reddit's IPO is imminent. Remarkably, Reddit users themselves can also participate in the IPO. In March, CEO Steve Huffman will announce an initial public offering. Reddit has 76 million daily users, known as Redditors. However, the social media platform withdrew its free AP... Read more

date2 months ago
Reddit goes for IPO in March

Reddit goes for IPO in March

Reddit is considering a listing on the New York Stock Exchange in March. The IPO comes after years of consideration. According to Reuters sources, social media platform Reddit has developed extensive plans for an IPO in late March this year. The intention to go public will likely be announced in... Read more

date3 months ago
Reddit takes API war to generative AI platforms

Reddit takes API war to generative AI platforms

Community platform Reddit and several U.S. news organizations are going to fight generative AI platforms and search engines over the "scraping" of their content. Reddit and several U.S. news sites are now tying up with generative AI tools and search engines and demand compensation. Meanwhile, ab... Read more

date6 months ago
Reddit risks losing its identity in pursuit of profits

Reddit risks losing its identity in pursuit of profits

Reddit isn't profitable, despite having more than 50 million daily active users. In preparation for an IPO, CEO Steve Huffman put the platform's API behind a giant paywall and denounced the attitude of third-party developers and Reddit's own moderators. What does the future of "the front page of th... Read more

date10 months ago
BlackCat ransomware gang threatens to leak 80 GB of Reddit data

BlackCat ransomware gang threatens to leak 80 GB of Reddit data

The ransomware gang ALPHV, better known as BlackCat, has threatened Reddit with the leaking of 80 GB of confidential data. They demand that the popular community site pays $4.5 million (€4.1 million) and rolls back its recently increased API fees. The ransomware criminals captured the 80 GB of... Read more

date10 months ago
Mass protest against Reddit’s API policy may be in vain

Mass protest against Reddit’s API policy may be in vain

Online forum Reddit touts itself as the "front page of the Internet" and because its API has been freely available, it has a rich selection of third-party apps. However, this is about to change: as of July 1, it would cost millions to maintain another popular alternative to the official Reddit appl... Read more

date11 months ago
Reddit announces exemption to controversial API pricing

Reddit announces exemption to controversial API pricing

The move offers relief to developers of accessibility apps. It is a significant development for developers concerned about the financial burden of expensive fees and the users who rely on these apps to browse Reddit. If the apps are noncommercial and address accessibility needs, they will be exe... Read more

date11 months ago
Reddit wants AI companies to pay for API

Reddit wants AI companies to pay for API

Access to the Reddit API will no longer be free for commercial use. The company wants developers of generative AI to pay a fee if they wish to make use of user data. The online forum Reddit is known for discussing virtually every topic, organized in one of its so-called subreddits. The website h... Read more

date1 year ago
Reddit hit by data breach after phishing attack

Reddit hit by data breach after phishing attack

Reddit was recently hit by a phishing attack in which employee login credentials were obtained. As a result, cybercriminals managed to get their hands on internal documents containing employee data and parts of the news and community platform's source code. According to Reddit, it was discovered... Read more

date1 year ago
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