Reddit company timeline: from 2005 to the present, starting with two roommates, Alexis Ohanian and Steve Huffman, and the current New York Stock Exchange debut that made Redditors shareholders become instant millionaires.
Industry
Ukraine Boosts Funding for Domestic Weaponry Amid Escalating Tensions With Russia
The Ukrainian government is investing in its military industry to boost homemade ammunition and weapons amid conflict with Russia.
Dell Cuts Its Workforce as Part of Broader Initiative to Reduce Costs After Sluggish Demand in PC Market
Dell revealed in a filing that it has reduced its workforce as part of its broader strategy to cut expenses.
China Pressing Banks to Expedite Loan Approvals to Cash-Strapped Private Property Developers
Chinese authorities are pressuring banks to approve new loans to private property developers faster to boost purchaser sentiment and lower lenders' asset quality.
Disney Investor Nelson Peltz Criticizes the Company’s 'Woke' Strategy, Questioning 'Black Panther' and 'The Marvels' Films
Disney investor Nelson Peltz has criticized the company for its "woke" approach, particularly questioning Marvel's "Black Panther" and "The Marvels" films.
Latest News
Skyrocketing cocoa prices, doubling in 2024 and outpacing Bitcoin, pose Easter concerns for chocolate firms, with New York wholesale rates peaking at $8,900 per ton.
Match Group, the parent company of Tinder and Hinge, adds two new directors after discussions with activist investor Elliott.
Boeing's CEO Dave Calhoun, Chairman Larry Kellner, and Stan Deal from the commercial airplane unit are departing amid growing regulatory and customer pressure, prompted by recent incidents like the door plug failure on a Boeing 737 Max 9 aircraft.
Vice President Kamala Harris has assured the public that the Biden administration has no intentions of banning the popular video-sharing app TikTok.
The BBC is looking to enter into more commercial partnerships ahead of the potential expiration of its license fee.
Stellantis informed the affected workers of the mass lay-offs during a 'mandatory remote work day,' and attributed it to challenging market conditions.
Chick-fil-A has announced a departure from its longstanding antibiotic-free chicken policy, citing supply chain reasons.
The passengers aboard the Alaska Airlines Boeing flight, which had a door plug blowout incident midair, received letters from the FBI that told them they might be victims of crimes.
The Senate on Thursday passed a bill reversing the rule of the administration of President Joe Biden allowing beef imports from Paraguay, which has a history of cattle-borne diseases.
