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Reddit acquires contextualization company Spiketrap to boost its ads business

Reddit’s acquisition spree is continuing this morning with news that the company is bringing the audience contextualization company Spiketrap’s technology in-house. Deal terms were not dis

Reddit launches a new developer portal to give third-party apps and bots a boost

Any Redditor knows that the best thing about Reddit is bearing witness to the strange and occasionally brilliant stuff that the community itself comes up with — and the company is well aware of that

Babbel brings its B2B language learning service to the US

Babbel, the popular subscription-based online language learning service, today announced a couple of updates about its U.S. businesses — the Berlin-based company’s largest market by overal

Reddit quarantines r/Russia due to ‘high volume’ of misinformation

As major social platforms grapple with an influx of misinformation around the Russian invasion of Ukraine, Reddit is having its own reckoning. On Tuesday, Reddit added the subreddit r/Russia to its qu

Reddit rolls out a web version of Reddit Talk, its live audio product

After unveiling its Clubhouse clone last April, Reddit is adding new features to Reddit Talk that are intended to boost engagement. Among these additions are web compatibility, recordings of past sess

Reddit tests allowing users to set any NFT as their profile picture, similar to Twitter

Reddit is testing a feature that would allow its users to set any NFT they own as their profile picture — not only its own Ethereum-based NFTs, called “CryptoSnoos,” released in limi

Despite scrapped IPO, Babbel sees fast growth for its language learning service

Berlin-based language learning service Babbel was supposed to IPO on the Frankfurt stock exchange in late September. But only a few days before the initial listing the company pulled the plug with an

Reddit files confidentially to go public

In August, Reddit raked in a hefty $410 million financing led by Fidelity, valuing it at $10 billion. It had plans to close out the round, a Series F, at $700 million at the time. The company’s

Independent worker network Contra goes commission-free as it secures new NEA-led capital

Contra provides tools for independent workers to build a professional identity and manage their work from inquiry to project scope discussion to signing a contract to getting paid.

Reddit adds a new way to post with launch of ‘Predictions’ feature

Reddit today is introducing a new way to post to its communities with the launch of the on-platform feature called “Predictions.” Spun off of the popular Reddit Polls, Predictions allow us

Reddit hires former Google Cloud exec as its first chief product officer

Reddit announced today that it has hired Pali Bhat, the former vice-president of product and design at Google Cloud, as the company’s first chief product officer. Bhat will be tasked with overseeing

Reddit raises $250 million in Series E funding

Reddit has raised a new funding round, totaling $250 million. This is the company’s Series E round of financing, and it comes hot on the heels of renewed public attention on the site that has du

Language-learning service Babbel adds live classes, games and more

Babbel, the Berlin-based language-learning platform, today announced that it is now going well beyond its core app-based learning service and is introducing live classes. Capped at six students, these

WallStreetBets goes dark

After a wild day for public markets driven by Reddit traders commandeering stocks and combatting hedge fund short sellers, the community at r/wallstreetbets no longer has a home on Discord and its Red

Language learning service Babbel says it has now sold over 10M subscriptions

Babbel, the popular Berlin-based online language learning service, today announced that it has now sold a total of 10 million subscriptions to its service. For a language learning service, that’

Twitter, Reddit challenge US rules forcing visa applicants to disclose their social media handles

Twitter and Reddit have filed an amicus brief in support of a lawsuit challenging a U.S. government rule change compelling visa applicants to disclose their social media handles. The lawsuit, brought

Babbel makes its language learning app free for all US students

Babbel, the Berlin-based paid language learning app, today announced that, in light of the COVID-19 pandemic, it is making its service available for free to all K-12 and college students until the end

Founder of language learning platform Babbel steps down as co-CEO to focus on board role

Babbel, the popular Berlin-based language learning service, today announced that its founder and current co-CEO Markus Witte is stepping down from his CEO role but that he will remain the executive ch

Reddit’s new location tagging feature continues its push to become a social network

Reddit is continuing its march towards becoming a social network after it added location tagging to its mobile app. The service is famously known as “the front page of the internet,” but t

Pingpad hitches wagon to Slack with new collaboration tool aimed at enterprise

Today, Pingpad, which launched last year as a consumer mobile app, did an about-face, announcing it has built a collaboration tool on top of the popular Slack enterprise communications platform. It s