Tag: Reddit Inc

Justice Dept. Sues Apple, Smartphones and Children with Jonathan Haidt and Reddit’s I.P.O.

Listen to and follow ‘Hard Fork’Apple | Spotify | Amazon | YouTube This week, the U.S. Department of Justice sued Apple, saying the company holds a monopoly over the smartphone market. We break down the lawsuit and ask whether it will be a major turning point in Apple’s dominance. Then, Jonathan Haidt, a social psychologist, […]

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Reddit Opens Up 38%, as Shares Begin Trading

Reddit shares opened up about 38 percent on Thursday in their first day of trading, in a sign of investor eagerness that set the stage for more tech companies to reach the stock market this year. Shares of the social media company began trading on the New York Stock Exchange at $47 after pricing at […]

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Reddit’s I.P.O. Is a Content Moderation Success Story

A decade ago, no one in their right mind would have put “Reddit” and “publicly traded company” in the same sentence. At the time, Reddit was known as one of the darkest parts of the internet — an anything-goes forum where trolls, extremists and edgelords reigned. Light on rules and overseen by an army of […]

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Condé Nast’s Owners Set to Reap a $1.4 Billion Windfall From Reddit

The internet has not been kind to Condé Nast, the publisher of starry magazines, like Vogue and Vanity Fair, whose fortunes and influence have waned in the digital age. But while the web taketh, it occasionally giveth, too. The Newhouse family, the media dynasty that controls Condé Nast through its holding company, Advance Publications, is […]

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Reddit Said to Price IPO at $34 a Share, in a Positive Sign for Tech

Reddit on Wednesday priced its shares at $34 for its initial public offering, at the high end of expectations, in a sign of investor demand for growing tech companies. The San Francisco-based social media company had estimated that its shares would be priced at $31 to $34. The $34 price put Reddit’s value at $6.4 […]

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A Contentious Immigration Law Is Back on Hold, and Reddit Fans Are Getting Nervous

The New York Times Audio app is home to journalism and storytelling, and provides news, depth and serendipity. If you haven’t already, download it here — available to Times news subscribers on iOS — and sign up for our weekly newsletter. The Headlines brings you the biggest stories of the day from the Times journalists […]

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Dating Apps Like Hinge, Tinder and Bumble Are Getting Worse

“The golden age of dating apps is over,” a friend told me at a bar on Super Bowl Sunday. As we waited for our drinks, she and another friend swiped through Bumble and Hinge, hunting for new faces and likes. Across the bar were two young men: phones out, apps open, clearly doing the exact […]

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Reddit’s Long, Rocky Road to an Initial Public Offering

During a leadership crisis in 2015, Reddit asked Steve Huffman, one of its founders, to return to run the social media platform. Mr. Huffman, who was working on a travel site, was not eager to come back. Reddit was a headache. It was experiencing a revolving door of chief executives. Its sprawling community of users […]

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Does This Body Butter at Sephora Really Attract Spiders?

I was just thinking about what I wanted for my birthday, which is coming soon. And the one thing I’m missing in life is a lotion that makes my skin feel super moisturized and attracts Wolf spiders. Lucky for me, my day might have come. The beauty chain Sephora’s Reddit page was set ablaze this […]

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‘Dumb Money’ and the Meme Stock Phenomenon

The new movie “Dumb Money” dramatizes the true story of an unlikely messiah named Roaring Kitty who decides to sink his life savings into shares of the video-game seller GameStop and then praise the stock to his fans. So many people buy GameStop shares that the company’s valuation soars, crushing the positions of professional hedge […]

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