reddit FTC Probes Reddit Data Licensing Practices Ahead of Major IPO The Federal Trade Commission investigates Reddit over its sale of user-generated content to third parties for artificial intelligence training. The inquiry emerges just as the social media company prepares for its highly anticipated public debut.
google Google and Reddit Strike $60 Million AI Data Licensing Agreement Google and Reddit finalize a $60 million annual deal allowing Google to train its Vertex AI on Reddit's vast data. The agreement provides Google with defensive legal insulation while boosting Reddit's financial prospects ahead of its IPO.
reddit Reddit Secures $203 Million in AI Data Licensing Ahead of IPO Reddit reveals $203 million in data licensing contracts as it prepares for its public market debut, highlighting the growing financial value of conversational data for training large language models.
reddit Reddit Officially Files for Long-Awaited Initial Public Offering Reddit takes a major step toward going public by officially filing for an IPO after a two-year delay. The social media platform aims to capitalize on recent market improvements to launch its shares.
reddit Reddit Files for Long-Awaited IPO, Testing Billion-Dollar Valuations Reddit officially files to go public, revealing over $800 million in 2023 revenue despite ongoing losses. The social media company plans a unique IPO that reserves shares for 75,000 of its most active users.
reddit Reddit Inks AI Content Licensing Deal Ahead of Highly Anticipated IPO Reddit signs a new licensing agreement to provide its vast collection of user-generated content to an artificial intelligence company. This strategic move comes as the social media platform prepares for its upcoming initial public offering.
reddit Reddit Faces Unhappy Community as Strict API Changes Take Effect Reddit implements new API pricing that forces popular third-party apps to shut down, sparking massive protests from users and moderators. The platform now moves forward with fewer external apps and an ongoing feud with its core community.
reddit Apollo Reddit App Closes Permanently Amid Costly API Changes Apollo, a beloved third-party Reddit app, shuts down today as Reddit's new expensive API pricing takes effect. The developer is issuing automatic refunds to subscribers and releasing a final update to migrate digital pets.
reddit Narwhal Bypasses Reddit API Shutdown With New Subscription Model While most third-party Reddit apps shut down ahead of July 1 API changes, Narwhal survives through a special agreement and a new paid subscription model.
apollo Apollo App Allows Users to Decline Refunds Before Costly Shutdown Apollo's developer introduces an option for users to decline their pro-rated refunds ahead of the app's June 30 closure. The move comes as Reddit's expensive new API pricing forces the popular third-party client to shut down permanently.
reddit Reddit Protests Shift to NSFW Content, Alarming Advertisers Reddit users are bypassing the platform's strict content rules by labeling communities as NSFW during ongoing API pricing protests. This new tactic creates significant brand safety risks for advertisers.
reddit Thousands of Reddit Communities Go Dark to Protest New API Fees Nearly 9,000 Reddit subreddits are participating in a blackout to protest new charges for third-party app developers. Volunteer moderators warn the policy severely limits their ability to manage spam and maintain accessibility.
reddit Reddit CEO Defends Controversial API Fees Amid Massive Community Blackout Reddit's CEO is holding his ground on new API pricing that forces popular third-party apps to shut down, comparing protesting moderators to unelected "landed gentry." Thousands of subreddits remain dark in an extended blackout over these sweeping changes.
reddit Thousands of Subreddits Go Dark to Protest Reddit API Pricing Over 6,500 Reddit communities participate in a two-day blackout to protest new fees for third-party app developers. Major subreddits remain inaccessible as users push back against the company's updated API access policies.
reddit Hundreds of Subreddits Extend Indefinite Blackout Over Reddit API Changes More than 300 subreddits plan to remain dark indefinitely after Reddit's CEO dismisses the initial protest's impact on revenue. This escalating backlash forces popular third-party apps to shut down due to new, unaffordable API pricing.