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+29 +5Major subreddits are going dark to protest Reddit allegedly hiring a controversial UK politician
r/Music, r/AmongUs, and over 200 other communities are now private.
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+22 +2After taking on Wall Street bears, Redditors are pumping their money into saving gorillas
Wall Street Bets users on Reddit now have a new target after taking on hedge funds: gorillas. Since Saturday, users have spent hundreds of thousands of dollars adopting apes through the Dian Fossey Gorilla Fund. And, in return, the homepage of the Atlanta-based Fund's website now features the subreddit's motto: "apes together strong."
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+11 +1Reddit hires its first chief financial officer as it prepares for an I.P.O.
The world’s most popular internet message board is thinking about going public. Reddit, the social network and online bulletin, said on Thursday that it had appointed its first chief financial officer, Drew Vollero, in a move toward tidying up the company’s books before an eventual public offering of its stock.
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+4 +1Bots hyped up GameStop on major social media platforms, analysis finds
Bots on major social media platforms have been hyping up GameStop Corp and other "meme" stocks, according to an analysis by Massachusetts-based cyber security company PiiQ Media, suggesting organized economic or foreign actors may have played a role in the Reddit-driven...
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+15 +3Congress is blaming Robinhood, not Reddit
We didn’t learn much new in today’s hearing, but the spotlight was definitely on the gamified trading app, rather than the traders on r/WallStreetBets. Vlad Tenev, Robinhood’s CEO, very much occupied the hot seat in today’s hearing before the House Financial Services Committee over January’s market volatility.
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+7 +1Reddit’s ‘GMEBagHoldersClub’ Is Where GameStop Stock Buyers Admit They Messed Up
Someone was always going to be left holding the bag. That’s the way it works. After weeks of magnificent highs, GameStop’s stock is plummeting. As of this writing it’s at $57, down from last week’s high of more than $400. As the stock falls, investors are selling off, which only increases the fall. The destitute players who held on to the stock too long are now gathering online to commiserate and return to the activity that started it all—posting.
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+27 +2WallStreetBets says Reddit group hit by "large amount" of bot activity
Moderators of the WallStreetBets online discussion forum, which has been credited with creating a frenzy in the shares of GameStop and others, said bots are responsible for a "large amount" of the stock-recommendation content being posted in its popular Reddit group. Bots are computer-generated accounts that post automatic messages on Reddit, Twitter and other social media platforms.
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+16 +1Understanding /r/wallstreetbets
Pluralistic: Daily links from Cory Doctorow
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+19 +3Reddit co-founder calls GameStop frenzy a 'bottom-up revolution,' shifting power to small investors
Reddit’s Alexis Ohanian said Thursday that the GameStop stock-trading frenzy, originating in large part on the online platform he helped create, is a turning point in the U.S. investing landscape.“I do think this is a seminal moment. I don’t think we go back to a world before this because these communities, they’re a byproduct of the connected internet,” Ohanian said in a “Squawk Box” interview. “Whether it’s one platform or another, this is the new normal.”
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+24 +2Reddit to buy TikTok rival Dubsmash
Social network firm Reddit said on Sunday it would buy short-video platform Dubsmash, becoming the latest company to expand in a space dominated by Chinese-owned TikTok.
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+22 +2Ellen Pao explains why she never felt imposter syndrome as Reddit CEO: 'I've seen so many horrible male CEOs'
Tech executive Ellen Pao discusses leadership, diversity and inclusion, and social media moderation in a recent podcast interview with Jennifer Palmieri.
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+18 +2Reddit won't lower employee pay if they move out of high-cost cities like San Francisco
The social media company will also allow employees to work remotely.
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+31 +2Bot posing as human fooled people on Reddit for an entire week
An advanced artificial intelligence was able to post to Reddit and interact with other users for more than a week before anyone realised it was a bot. The AI posed as a human user under the username ‘thegentlemetre’, posting to Q&A forums AskReddit and AskScience on subjects ranging from suicide to “hot milfs”. Some of the posts received hundreds of upvotes, including one about homeless people living in elevator shafts.
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+22 +4Reddit CEO defends allowing Trump ads ahead of presidential election
Reddit is gearing up to run ads for President Donald Trump ahead of the 2020 presidential election despite concerns from employees, TechCrunch has learned. Reddit CEO Steve Huffman addressed some of these employee concerns during an all-hands meeting last week, viewed by TechCrunch.
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+25 +1Many Reddit communities vandalized with pro-Trump content, possibly due to compromised moderator accounts
It’s unclear right now how the accounts were compromised.
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+23 +3The Hate-Fueled Rise of r/The_Donald—and Its Epic Takedown
The notorious subreddit trafficked in violent rhetoric, growing a prodigious following over five years. Here’s how—and why—Reddit finally shut it down.
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+19 +2New Study Finds That Most Redditors Don’t Actually Read the Articles They Vote On
It’s probably not at all surprising that most content posted to Reddit is voted on more or less blindly. I’ll cop to liking articles that friends have shared on Facebook without reading, let alone evaluating them. I’d say there’s even sort of an aggregation myth that pervades our view of social media, that buried within discussions of fake news and social media corporate responsibility is this assumption that people are actually reading the articles, or at least that a lot of them are. The data, however, suggests that they aren’t.
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+15 +4Reddit says it’s fixing code in its iOS app that copied clipboard contents
Reddit says it’s releasing a fix for a piece of code that copied contents from users’ clipboards. Users in a beta version of iOS 14, which sends an alert when an app tries to copy clipboard information, reported receiving the alerts with each keystroke in Reddit’s iOS app.
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+21 +4Reddit bans The_Donald forum as part of major hate speech purge
The message board has been a longtime hub for supporters of President Trump.
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+17 +2Reddit turns 15: The dramatic moments that shaped the internet's front page
On its best days, Reddit is an amazing place to be. On its worst days, oh boy.
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