Users were outraged, but Reddit mostly won.

Fidelity has further slashed the estimated worth of its holdings in Reddit and Discord as well as SaaS startup Gupshup.

Reddit is facing a crisis both in its user base and its finances. After protests and backlashed ravaged the platform in the wake of Reddit opting to charge for access to its API, the company’s valuation has been sliced. TechCrunch reports that the Blue Chip Growth Fund at Fidelity, a major financial services provider, has reduced its estimates of Reddit’s holdings following an already poor estimate earlier this spring.

The site is handing out Thursday deadlines for reopening as key metrics take a hit.

Google executives acknowledged this month they need to do a better job surfacing user-generated content after the recent Reddit blackouts.

A group of Reddit volunteers who transcribe media from around 100 subreddits are shutting down their community, partly due to the company's controversial API changes..

Reddit will make “accessibility improvements” to many moderator tools in its official mobile apps by July 1st, the company announced on Friday. Some moderators rely on third-party apps because Reddit’s apps have what they characterize as “significant accessibility challenges,” and the accessibility community has expressed concerns over how they will moderate on mobile after popular apps like Apollo shut down on June 30th due to potentially expensive API pricing changes.

Many still seem unhappy with the company’s plan.

A Reddit moderator shared his lingering frustrations with The New York Times after a protest of changes to how Reddit prices its API.

Five lessons and one open question.

On Sunday evening, Reddit experienced a cyberattack where hackers were able to breach their internal business systems. As a result, they gained unauthorised access to internal documents and source code, which they proceeded to steal.

Reddit’s ongoing war with its volunteer moderators (and users) has moved up a notch. As you’ll recall, last week, the ever tone-deaf CEO Steve Huffman insisted that the protests were just a blip, w…

r/MildlyInteresting lost its mods.

There’s a lot more NSFW content now.

Users of r/Pics are protesting comments made by Reddit's CEO and proposed changes to the social media site's API.

Hackers are threatening to release confidential data stolen from Reddit unless the company pays a ransom demand – and reverses its controversial API price hikes. In a post on its dark web leak site, the BlackCat ransomware gang, also known as ALPHV, claims to have stolen 80 gigabytes of compressed data from Reddit during a February breach of the company’s systems.

BetUS said not all everyone believes Reddit might reverse its pricing move, but almost all think CEO Steve Huffman will survive regardless.

CEO Steve Huffman says tech giants should not be able to trawl Reddit’s huge store of data for free. But that information came from users, not the company

Reddit moderators tell CNBC that company management has failed to engage with them in rolling out a huge price increase for developers.

Steve Huffman, the CEO of Reddit, has decided to just keep on talking. He got free content and free app development work and now he’s going around whining about how “we’re not in the business of giving that away for free.”