Social networks are getting stingy with their data, leaving third-party developers in the lurch

2023 was the year social networks realized that they were sitting on massive troves of data. And some companies, such as Twitter (now X) and Reddit, decided to change their terms to shut out third-par

Fidelity cuts Meta-backed Meesho valuation to $3.5B

Fidelity has cut the value of its holding in Meesho by 33.6% since the original investment, giving the Indian social commerce startup a valuation of $3.25 billion. Adjusted for outstanding shares, Mee

Reddit at $5B seems eminently reasonable

Reddit's feeling out its own IPO valuation is crucial, especially given that hightened regulatory scrutiny is restricting M&A as an exit avenue for unicorns.

Reddit plans to launch IPO in March, report says

Reddit is preparing to launch its initial public offering (IPO) in March, according to a new report from Reuters. The report notes that the move comes more than three years after the San Francisco-bas

Startup shutdowns and AI showdowns: The 2023 chronicles

Welcome back to Equity, a podcast about the business of startups. This is the first of a two-part series that we built for you going back over critical themes from 2023.

Worldcoin adds integrations with Minecraft, Reddit, Telegram, Shopify and Mercado Libre

Worldcoin, a crypto project co-founded by Sam Altman, said it now supports integrations for its World ID with Minecraft, Reddit, Telegram, Shopify and Mercado Libre. The company already supports integ

Big wins for Latin America, climate tech momentum and Rover’s $2.3B sale

Welcome back to Equity, a podcast about the business of startups. This is our Friday show, and we’re talking about the week’s biggest startup and tech news.

Reddit refreshes its logo as IPO speculation swirls

If you weren’t already buying the Reddit IPO rumors, the internet’s beating heart of deeply niche microcultures just introduced a rebrand, refreshing its iconic logo and rolling out some n

Reddit might once again be flirting with an IPO

Social media giant Reddit is once again reportedly testing the IPO waters. Bloomberg reported on Monday that Reddit “is holding talks with potential investors for an initial public offering.”  Th

Google overhauls Search with tools to follow interests, annotate web pages and more

There have been a growing number of complaints that Google Search is not as useful as it used to be. In fact, Google execs even admitted that young people are turning to services like TikTok and Insta

Alexis Ohanian says he’s a ‘techno optimist,’ despite social media’s impact on society

Does Reddit co-founder Alexis Ohanian have regrets over his creation? The entrepreneur and founder of venture fund Seven Seven Six, speaking at an event at the University of Virginia, espoused a fairl

Reddit is killing blockchain-based Community Points

Reddit is winding down Community Points — the blockchain-based “internet points” program designed to reward creators and developers — in favor of prioritizing rewards programs that are

Third-party Reddit app Narwhal hopes to survive Reddit’s app purge with a subscription plan

After a nasty battle between the developers of third-party apps and Reddit management, ultimately resulting in a site-wide protest, many app makers were put out of business due to Reddit’s price

Reddit is removing ability to opt out of ad personalization based on your activity on the platform

Reddit said Wednesday that the platform is revamping its privacy settings with an aim to make ad personalization and account visibility toggles consistent. Most notably though, it is removing the abil

Reddit will start paying you real money for good posts

Reddit announced a contributor program on Monday, which awards users actual, real money for their fake internet points. Now, eligible users will be able to convert their Reddit gold and karma into fia

Reddit users on mobile can now translate posts into other languages

Reddit is giving users the ability to translate posts into other languages. There will be eight different languages available to start — including English, Spanish, German, French, Portuguese, I

Reddit launches moderator rewards program amid site-wide discontent 

Reddit is launching the “Mod Helper Program” to reward moderators who offer helpful advice to other moderators, along with an updated moderator help center. The announcement comes amid growing dis

Reddit’s menswear hub is the latest casualty of its battle with moderators

The widespread protests against Reddit’s API changes reached a boiling point last month after the company forcibly reopened r/malefashionadvice — the largest subreddit that stayed dark after the b

Reddit is down, per user reports

User morale isn’t the only thing that’s down at Reddit. More than 30,000 people have reported outages on Reddit since about 4:30 PM ET, according to Downdetector. While many users have bee

Reddit updates its site design for logged-out users

Reddit is rolling out a number of updates to its website for logged-out users, including improved performance, a more helpful search results page and better communities and related post suggestions. T
Load More