Page 5 - Reddit

Reddit's valuation doubles to $6 billion after new $250 million funding

The social media company was valued at $3 billion following a funding round in February 2019

Quest for Hollywood fame splits Redditors fuelling market frenzy

The WallStreetBets fight is the latest twist in the saga of an online army of investors who have roiled Wall Street over the past 10 days

Robinhood lifts trading restrictions on all stocks, including GameStop

Robinhood's website showed that the trading limit on GameStop's shares was set at 500, while for AMC the limit was set at 5,500 shares

Yellen seeks to understand GameStop frenzy as market regulators meet

The core infrastructure of financial markets had proven resilient during the high volatility and heavy trading volume around GameStop and other stocks

Keith Gill under investigation: GameStop dips as regulators raise scrutiny

Analysts at Barclays Capital wrote that the GameStop episode is "a wake-up call that is likely to permanently affect the business models of institutional investors

'Reddit rally' stocks bounce on day after selloff, then dip after hours

The so-called "Reddit rally" cooled again in after hours trade, as GameStop and AMC Entertainment, the main targets hyped on investment forums, fell

No heroes or villains on Wall Street

The problem with treating the GameStop saga as an Occupy Wall Street movement 2.0 is that it ignores some fundamental differences

Reddit trading frenzy fades as US Treasury's Yellen summons agencies

Small investors' participation in stock markets has exploded over the past year

Robinhood raising more debt to fulfill Reddit-fueled order frenzy: Report

The capital raised would be separate from the $3.4 billion in financing that Robinhood announced on Monday it had secured from its investors since Jan. 29

After GameStop, Wall Street gears up for second bout against Reddit traders

Some of Wall Street's largest hedge funds are still licking their wounds after retail traders sought to drive up the prices of stocks that were heavily bet against

Reddit bans forum dedicated for supporting and promoting Donald Trump

Reddit cited 'repeated policy violations in recent days regarding the violence at the US Capitol' as reason

Reddit to buy short-video platform Dubsmash for undisclosed sum

The financial terms of the deal were not disclosed, but a spokeswoman for Reddit said the acquisition was based on a combination of cash and stock

Reddit co-founder Alexis Ohanian quits board, asks for black replacement

The 37-year-old tech entrepreneur, who is white, is the husband of tennis legend Serena Williams

Tech giants join hands to fight coronavirus-related fraud, misinformation

In a joint statement, the companies said they are working closely together on COVID-19 response efforts.

Classified UK election document leak linked to Russia, says Reddit

The way the documents were first shared on Reddit and then promoted online closely resembled a disinformation campaign uncovered earlier this year

Elon Musk may take a break from his controversy-riddled Twitter handle

Musk's Friday farewell tweet was met with thousands of replies, many expressing sadness and urging him to make his next online commentary platform definitively known.

Reddit now a $3 bn company after its $300 mn mop-up from Tencent, Sequoia

The investment from a China-based company, news of which started making the rounds around five days ago, quickly ignited censorship fears on Reddit, which calls itself the "front page of the internet"

Reddit to raise funds, pegging start-up value at $1.7 billion

Despite the site's popularity, Reddit has struggled to find a sustainable business model