Reddit has set the price of its shares at the top of its targeted range, valuing the popular social media platform at $6.4 billion as it proceeds with its initial public offering (IPO).
Sectors
Twitter, Now X, Labeled 'Worst' Social Media Platform Where Women Experience Threats, Misogynistic Remarks: UK Report
The UK's Open University found that X (previously Twitter) had a greater prevalence of harassment and threats against women and girls than other social media sites.
Amazon, Other Retailers Under Investigation by FCC for Allegedly Selling Prohibited Signal Jammers
The FCC is investigating Amazon and other online retailers for selling and promoting illegal jamming equipment.
Asian Markets to Gain on Fed Rate Cut Signal; Japan's Yen Remains on the Brink
Asian markets are poised for further gains after US markets' positive reaction to the Federal Reserve's signal that interest rates could be slashed by 75 basis points this year.
DOJ Plans To Sue Apple Over Alleged Antitrust Law Violation
The DOJ is preparing to file suit against Apple on Thursday, alleging that the company violated antitrust laws by preventing competitors from accessing hardware and software features of iPhone.
Latest News
Target has begun implementing a new self-checkout policy nationwide, which restricts the number of items shoppers can process per transaction to 10.
Plaintiffs argue that Hermès restricts Birkin bag sales to high-volume buyers, violating antitrust laws.
Biden admin adjusts EV targets to 35%, balancing industry concerns. EPA's new rules ease the transition, aiming for 50% emissions cut by 2032 amidst environmental and economic considerations
Hindenburg Research accuses Equinix of accounting manipulation and misleading shareholders with an "AI pipe dream," prompting market shock and investor reassessment.
Tesla achieves milestones at Gigafactory Texas, producing 1,000 Cybertrucks worth of 4680 battery cells weekly, marking significant progress in meeting demand.
Scientists are gearing up for mass production of perovskite solar panels, using the material's efficiency in capturing solar energy, despite previous challenges in making them market-ready.
Kering issued an unexpected profit warning due to plummeting Gucci sales in Asia, lowering its stock price by 14%.
UK's inflation rate fell to 3.4% in February, its lowest level since September 2021. UK's inflation rate was lower than expected at 3. 4% year-on-year in February, down from 4% in January and its lowest level since September 2021, official data showed Wednesday.
Donald Trump has sued ABC News and George Stephanopoulos after the host made rape claims against the former president during an interview.
