Hackers Threaten to Leak Confidential Data Unless Reddit Pays and Reverses API Rules

Reddit is battling moderators marking their communities NSFW

Hackers threatened to leak 80GB of confidential data unless Reddit pays and reverses API rules. This adds to the existing tensions between Reddit and its moderators over API changes.

Reddit Inc.

Reddit Moderators Protest API Changes by Marking Communities NSFW

Reddit moderators marked their communities as NSFW in protest of API changes, leading to Reddit removing moderators and threatening them with punitive action. Large communities like r/interstingasfuck, r/midlyinteresting, and r/TIHI were affected. Reddit CEO Steve Huffman defended the company's decisions and dismissed the impact on revenue due to the protests.

Reddit Outage Caused by Amazon Web Services Performance Issues

Reddit Ties Outage to Amazon Performance

Reddit faced six hours of downtime due to performance issues with Amazon Web Services, impacting Postgres and Cassandra servers on Elastic Block Storage (EBS). Amazon acknowledged connectivity problems in a U.S. availability zone for EBS services in Northern Virginia. Reddit plans to move Cassandra off EBS to local storage for enhanced reliability within a month.

Court Denies Filmmakers' Request for Redditors' IP Addresses

Court Denies Filmmakers' Renewed Attempt to Get Redditors' IP Addresses

A California federal court denied filmmakers' request to compel Reddit to hand over the IP addresses of Redditors who made piracy-related comments, siding with Reddit's argument that the filmmakers have other non-intrusive options to gather evidence.

Upcoming Webinar on Maximizing Brand Impact on Reddit

From Subreddits to Search: Maximizing Your Brand's Impact on Reddit

Search Engine Journal is hosting a webinar on maximizing brand impact on Reddit, featuring Brent Csutoras, Managing Partner & Co-Owner of Search Engine Journal, who has over 18 years of experience on Reddit.

Reddit's Growing Influence and Partnerships

Reddit: 2024 TIME100 Most Influential Companies

Reddit's real-time content has been catapulted to unprecedented heights due to its $60 million deal with Google and partnership with OpenAI. The company continues to explore partnerships with AI companies to use Reddit data to train and build their AI systems.

eSafety Boss Accuses Google and Apple of Financial Motives for Keeping Reddit in App Stores

Google and Apple keeping Reddit and X in app stores despite pornography due to revenue, eSafety boss says

Australia's eSafety commissioner accused Google and Apple of financial motives for not removing Reddit from their app stores despite hosting pornography, citing revenue generated from app store fees.

Reddit Inc.'s CFO and Insiders Sell Shares

Selling Buzz: Reddit Inc. [RDDT] Chief Financial Officer Vollero Andrew sells 50580 shares of the company – Knox Daily

Reddit Inc.'s Chief Financial Officer, Andrew Vollero, sold 50,580 shares valued at $2,981,352, decreasing his holdings to 631,080 shares worth approximately $36.38 million. Other insiders, Steve Ladd and Jennifer Wong, also sold shares, netting over $2,493,243 and $2,365,925, respectively.

Reddit's Recognition as a Most Influential Company

Reddit has been recognized as one of the 2024 TIME100 Most Influential Companies, solidifying its position as a major player in the digital landscape.

Reddit's Revenue Growth and IPO

Reddit reported a 48% year-over-year revenue growth in its quarterly earnings report in May 2024, with a 39% rise in advertising revenue compared to the previous year. The company went public on the New York Stock Exchange in March 2024, becoming the first major social media company to do so since 2019.

Reddit is an American social news aggregation, content rating, and forum social network. Registered users, commonly referred to as 'Redditors', submit content to the site such as links, text posts, images, and videos, which are then voted up or down by other members. Posts are organized by subject into user-created boards called 'communities' or 'subreddits'. Submissions with more upvotes appear towards the top of their subreddit and, if they receive enough upvotes, ultimately on the site's front page. Reddit administrators moderate the communities. Moderation is also conducted by community-specific moderators, who are not Reddit employees.

Reddit, Inc. operates a website that organizes digital communities. It organizes communities based on specific interests that enable users to engage in conversations by sharing experiences, submitting links, uploading images and videos, and replying to one another. The company was founded in 2005 and is headquartered in San Francisco, California. Reddit, Inc. operates as a subsidiary of Advance Publications, Inc.

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Reddit Inc.

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