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Reddit will reserve about 8% of the shares it’ll be selling for users and moderators, alongside some board members and friends and family of employees.
Mario Tama/Getty Images

Reddit, Twitter and the [price] war on third-party developers

Jul 17, 2023
In a bid for new revenue streams, social media platforms risk alienating API makers, who are an integral part of the digital ecosystem.
Twitter and Reddit recently introduced new pricing schemes for third-party developers that use their platforms.
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Why is Reddit going dark?

Jun 13, 2023
More than 8,000 communities on Reddit are protesting API changes on the platform.
Reddit communities are going private to protest new fees from the website.

Reddit to start charging AI companies for data

Apr 19, 2023
Reddit threads are a big part of the diet of large language models like ChatGPT.
Justin Sullivan/Getty Images

AMC appeals to meme stock investors for its financial future

Aug 26, 2022
AMC sells APEs to tap into retail investors’ enthusiasm. Can it evolve beyond the meme?
Traders on the floor of New York Stock Exchange stare up at a screen that shows APE preferred share stock price.
Michael M. Santiago/Getty Images

Why “the house” always wins on Wall Street

Feb 8, 2022
In a new book, Wall Street Journal editor Spencer Jakab argues that the GameStop short squeeze did little to change power dynamics on Wall Street.
In a new book, Wall Street Journal editor Spencer Jakab argues that the GameStop short squeeze did little to change power dynamics on Wall Street.
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Your GameStop questions, answered

Feb 4, 2021
GameStop's stock price rose more than 8,000% at one point.
Olivier Douliery/AFP via Getty Images

For public good, not for profit.

How can a company like GameStop profit from stock price surges?

Feb 2, 2021
Companies can try to capitalize on a spike in stock prices by issuing new stock while the price is high.
Shares of GameStop, the original meme stock, have dropped again, though they’re still higher than they were in early 2021. 
Spencer Platt/Getty Images

Is it legal to purposely bankrupt a hedge fund?

Jan 29, 2021
Hedge fund traders were quick to call foul when Redditors banded together to drive up the price of GameStop stock. But it was probably perfectly legal.
A coordinated effort from Redditors to buy GameStop stock threw the market into a tizzy this week.
Spencer Platt/Getty Images

GameStop shares back up after Robinhood relaxes restrictions

After shares of the video game retailer closed down 44% Thursday, they were up about 80% at market open Friday.
Olivier Douliery/AFP via Getty Images