Reddit Hires CFO As It Considers IPO
An anonymous reader quotes a report from The New York Times: Reddit, the social network and online bulletin, said on Thursday that it had appointed its first chief financial officer, Drew Vollero, in a move toward tidying up the company's books befor.....»»
Reddit share value rose 86%, but sales by CEO and COO saw reversal [U]
Redditors who took advantage of their privileged access to stock ahead of the IPO have seen Reddit share value rocket from $34 to $59.80 by yesterday’s close – an 86% increase. Update: Subsequent share sales by the company’s CEO and COO –.....»»
Reddit data-sharing agreement with Cision is expanded after IPO
Following the company’s successful IPO, and a deal with Google to allow Reddit posts to be used as training data, the expansion of another Reddit data-sharing agreement has been signed – this time with Cision. The data is likely to be used to.....»»
Hyundai plans $51 billion investment in EVs, software-defined vehicles over 3 years
Hyundai is adding 80,000 new employees, including 44,000 new hires in electrification, SDVs and carbon neutrality......»»
Study considers ways to increase accessibility for all wildlife enthusiasts
One in three birders experiences accessibility challenges to participation in birding, according to Virginia Tech researchers Emily Sinkular and Ashley Dayer......»»
Reddit share value 86% up on IPO price; may be good sign for tech sector
Redditors who took advantage of their privileged access to stock ahead of the IPO have seen Reddit share value rocket from $34 to $59.80 by yesterday’s close – an 86% increase. Early private investors have seen even greater returns, with OpenA.....»»
How to create a Subreddit on desktop and mobile
If you love posting and commenting on Reddit posts, why not start your own subreddit? Here's everything you need to know about creating your own subreddit......»»
Scammers steal millions from FTX, BlockFi claimants
Customers of bankrupt crypto platform BlockFi have been targeted with a very convincing phishing email impersonating the platform, asking them to connect their wallet to complete the withdrawal of remaining funds. Judging by this Reddit thread, many.....»»
Reddit faces new reality after cashing in on its IPO
Reddit must now answer to its shareholders as well as its vocal users. Enlarge / Steve Huffman, u/spez on Reddit, sold 500,000 of his shares in Reddit’s IPO on Thursday (credit: AFP via Getty Images) In an interview on.....»»
Aston Martin, in midst of turnaround, hires Bentley"s Adrian Hallmark as CEO
Adrian Hallmark, a seasoned automotive executive, had become a recruitment target for Aston Martin after returning Bentley to consistent profitability. .....»»
Daily Telescope: A colorful star trail through the largest window in space
Expect more of this later in 2024 as a veteran astronaut heads back into orbit. Enlarge / Cities on Earth shine alongside distant stars. (credit: Don Pettit/reddit) Welcome to the Daily Telescope. There is a little to.....»»
Apple ramps up work on ad-supported Apple TV+ plan
Apple is ramping up its plans to bring ads to Apple TV+, at least based on the number of recent hires the company has made. A new report from Business Insider this week says that Apple’s most recent hire is Joseph Cady, an ad executive who spent 14.....»»
Reddit shares will cost between $31 and $34; Redditors can sell immediately
We don’t yet know the exact cost of Reddit shares when they go on sale, but the company has indicated that the initial public offering (IPO) price will be between $31 and $34 per share. Selected Redditors will get priority access ahead of the IP.....»»
Not impressed with Google Gemini? You’re not alone
A recent thread on Reddit has revealed that there are quite a number of Android users who aren’t impressed with Google Gemini. The post Not impressed with Google Gemini? You’re not alone appeared first on Phandroid. Google wasted no ti.....»»
Apple TV+ movies struggling to prevail in theaters still considered "profitable"
Apple TV+ appears to be pulling some accounting magic after its latest $700 million run of films, which captured only $466 million in revenue, but the company still considers two of them profitable.'Killers of the Flower Moon'Streaming services are a.....»»
How to find your new Apple Cash card number in iOS 17.4
iOS 17.4, which is now available to everyone, includes a significant change for Apple Cash users. As first spotted by Reddit user u/simpledsp last month, Apple Cash users can now set up a virtual card number that can be used for shopping when Apple P.....»»
Why Reddit Users Have Turned Against the Company’s IPO
Reddit will allow its most active users to buy shares in its IPO. But many of those users are skeptical it will succeed. Two years ago, Reddit users established themselves as a fearsome economic force when the subreddit community W.....»»
U.S. to investigate national security risks posed by Chinese connected vehicle technology
The U.S. has launched a regulatory process to gather information from industry stakeholders as it considers potential rules or other actions that govern the use of certain information and communications technology in vehicles from China......»»
Researchers show Reddit users caused the famous GameStop "short squeeze"
Three years ago, the stock price of the company GameStop soared over 1,625% in just a week. While it's been speculated the primary cause was unprecedented, organized action among Reddit users using a trading strategy known as a "short squeeze," resea.....»»
Reddit Directed Share Program invitations issued, but vocal users unimpressed
The first invitations to participate in the Reddit Directed Share Program (DSP) – in which moderators and very active users will get preferential access to shares – have now been issued. Some moderators and other users with high Reddit karma h.....»»
MSI is getting slammed on Reddit for a controversial monitor decision
Even if you've paid close to $1,000 for one of MSI's gaming monitors, you may not be able to get firmware updates......»»