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Reddit Layoffs: Social Discussion Platform Lays Off Nearly 90 Employees, Slashes Fresh Hiring

Reddit CEO Steve Huffman said in an internal email to employees Tuesday that they had a solid first half of the year, and "this restructuring will position us to carry that momentum into the second half and beyond". 📲 Reddit Layoffs: Social Discussion Platform Lays Off Nearly 90 Employees, Slashes Fresh Hiring. ....

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Reddit To Charge Companies For Using Its Data To Train AI: Report

Reddit stated that they would introduce "a new premium access point for third parties who require additional capabilities, higher usage limits, and broader usage rights." ....

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GameStop, 'Meme' Stocks Get Boost from Social Media Bots, Says WallStreetBets Trading Cybersecurity Experts


28 February 2021, 9:55 pm EST By
PiiQ Media has recently released a report that claims to have discovered social media bots to play a massive role in the recent GameStop stock market climb, along with other Meme stocks in Reddit s platform. The r/WallStreetBets has been a sensationalized and highly trending stock trading event during the start of 2021, resulting in massive gains for these companies.
(Photo : Photo by Spencer Platt/Getty Images)
NEW YORK, NEW YORK - SEPTEMBER 16: People pass a GameStop store in lower Manhattan on September 16, 2019 in New York City. GameStop has announced that they will be closing between 180 and 200 stores before the end of the fiscal year due to a drop in sales. ....

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Reddit CEO Defends WallStreetBets Subreddit: 'It Was Not Led by Bots or Foreign Entities'


17 February 2021, 10:53 pm EST By
Reddit is now involved in a lawsuit claiming that bots and foreign entities had a hand in the r/WallStreetBets subreddit which contributed to the almost 400 percent rise of GameStop s stocks early this year. The Reddit CEO has clarified that there has been no evidence of that allegation and would be testifying in front of Congress to defend the platform.
(Photo : (Photo by Zach Gibson/Getty Images))
WASHINGTON, DC - OCTOBER 16: Reddit Inc. co-founder and CEO Steve Huffman looks on during a hearing with the House Communications and Technology and House Commerce Subcommittees on Capitol Hill on October 16, 2019 in Washington, DC. The hearing investigated measures to foster a healthier internet and protect consumers. ....

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