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☆ Reddit's lost money for nearly 20 years. Turning a profit is going to be tricky.
▼ + stars: | 2024-03-26 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewReddit was founded nearly two decades ago, yet it's never turned a profit. After the initial pop in Reddit stock, it slid nearly 9% during its second day of trading on Friday, only to jump 30% on Monday. Reddit framed that as a huge opportunity to attract international users, and appeal to a much larger audience with foreign-language posts. Now that Reddit's finally public, it may be able to reinvent its business and supercharge its finances.

Persons: —, it's, Reddit, There's, The_Donald, Reddit's Organizations: Service, Business, New York Times Company, Facebook

☆ Reddit throughout the years: Its rise to prominence, recent revolts and IPO plans
▼ + stars: | 2023-07-30 | by ( Katie Brigham | ) www.cnbc.com time to read: +6 min

The price hikes have led some beloved third-party Reddit apps such as Apollo to shut down, instigating an uproar among the website's community of volunteer moderators, who often rely on third-party apps to run the site's 100,000+ discussion communities, called subreddits. But tensions remain high, and some say that if Reddit doesn't rebuild trust, its most passionate users will go elsewhere. Ohanian rejoined Reddit as executive chairman in 2014 and Huffman rejoined as CEO the next year. But it's not just tech giants who use Reddit's API. These third-party apps are largely just alternatives to Reddit's official mobile app, which didn't even exist until 2016.

Persons: Reddit, David DeWald, Alexis Ohanian, Steve Huffman, Paul Graham, Ohanian, Huffman, Y Combinator, Condé Nast, Debra Aho Williamson, George Floyd's, it's, Apollo, Jakub Porzycki Organizations: University of Virginia, Advance, Facebook, Insider Intelligence, GameStop, AMC, Google, Getty

# TwitterTwitter a anunțat despre suspendarea permanentă a profilului lui Donald Trump, în baza mai multor motive conectate cu incidentele violente din SUA din 6 ianuarie. „După o analiză minuțioasă a tweeturilor recente ale lui Donald Trump și a contextului din jurul lor, în mod special a modului în care sunt interpretate pe Twitter și în afara acestuia, am suspendat permanent contul @realDonaldTrump, pentru a evita riscul unor viitoare incitări la ură”, a scris Twitter într-un comunicat oficial. # DiscordDiscord a interzis serverul numit The Donald, o comunitate pro-Trump cu subredditurile r/The_Donald și TheDonald.win, interzise anterior. „Avem zero toleranță pentru orice formă de exprimare a urii sau a violenței pe platforma noastră sau pentru folosirea Discord la organizarea evenimentelor violente”, a menționat administrația companiei pentru The Verge. Și Apple a oferit un ultimatum aplicației de a-și modera conținutul, în caz contrar aplicația va dispărea și din Apple Store.

Persons: Donald Trump, Joe Biden, Trump, Mark Zuckerberg, Donald Organizations: SUA, Facebook, The, Google Google, Google, Apple, Apple Store Locations: SUA, Washington

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