Reddit CEO Steve Huffman is paid more than the heads of Meta, Pinterest, and Snap — combined — QZ
Reddit co-founder and CEO Steve Huffman has been blasted by Redditors and in media reports over his recently-revealed, super-sized pay package of $193 million in 2023, writes Laura Bratton.
Ahead of IPO, Reddit blends advertising into user posts — The Register
Ahead of its stock market debut, Reddit has said it's going to make it easier for advertisers to craft normal user posts and run them as ads on the social network, writes Brandon Vigliarolo.
Reddit hasn’t turned a profit in nearly 20 years, but it just filed to go public anyway — CNN
Reddit — which is not yet profitable — says it seeks to grow its business through advertising, more e-commerce offerings and by licensing its data to other companies to train their artificial intelligence models, writes Clare Duffy and John Towfighi.
Hackers threaten to leak stolen Reddit data if company doesn’t pay $4.5 million and change controversial pricing policy — CNN
Hackers from the BlackCat ransomware gang, also known as ALPHV, are threatening to leak 80 gigabytes of confidential data from Reddit, writes Jennifer Korn.
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Thousands of Reddit communities go dark to protest company’s controversial new policy — CNN
Thousands of Reddit forums are going dark Monday in one of the largest user-driven protests ever to hit the social media platform, writes Brian Fung.