Reddit | Latest News & Updates - Nov 28, 2024 Release
Nintendo has filed a federal court case to subpoena Reddit for user records from the r/SwitchPirates subreddit, which is linked to alleged piracy activities...
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Reddit - Latest News and Updates
- Nintendo has filed a federal court case to subpoena Reddit for user records from the r/SwitchPirates subreddit, which is linked to alleged piracy activities.
- Reddit is expanding globally by focusing on India and Brazil to grow its user base and advertising opportunities, with COO Jen Wong highlighting the platform's international growth potential.
- Reddit has launched its 2024 Recap feature, allowing users to review their activity and engagement on the platform by tapping a banana icon in the app.
- Reddit's stock price has more than quadrupled since its IPO eight months ago, reaching a market cap of $28 billion, driven by rapid user and revenue growth, and achieving profitability in its latest quarter.
- Reddit has increased its daily active users to over 33 million, weekly active users to over 124 million, and active communities to over 34,000 as of September 2024.
- Reddit has expanded its job locations to include Vancouver, Canada and Lisbon, Portugal, while removing positions in Bangalore, India.
- Joseph Rodriguez has joined Reddit as a Senior Recruiter in the United States, previously working as a Senior Recruiter - Business and Product at Zoox.
- Jim Cramer praised Reddit as 'fabulous' and noted he is not a seller.
- Shalini Passi hosted an AMA session on Reddit, discussing her son Robin's relationship status and her views on friendship fallout.
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