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December 23, 2024
 

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REDDIT

Reddit CEO Steve Huffman rings a ceremonial bell at the New York Stock Exchange (NYSE) to celebrate the company's initial public offering on March 21.
BUSINESS / Tech
Mar 28, 2024
Reddit’s IPO is a content moderation success story
Deciding what users are and aren’t allowed to post is something every social media company has to embrace eventually, if it wants to succeed.
Japan Times
BUSINESS / Tech
Jun 12, 2023
Reddit blackout begins as forums protest charges for developers
The protest is expected to last at least 48 hours, although some groups have signaled they will stay dark for longer.
Japan Times
BUSINESS / Companies
Dec 19, 2021
Reddit IPO to test social media platform's 'meme' stock hype
The San Francisco-based company filed confidentially last week with U.S. regulators for an initial public offering.
Japan Times
BUSINESS
Dec 16, 2021
Reddit jumps on IPO bandwagon with confidential filing
The San Francisco-based company reported $100 million in advertising revenue in the second quarter, an almost threefold jump from the same period last year.
Japan Times
BUSINESS / Markets
Jul 10, 2021
Can Reddit's silver 'apes' beat the market?
Inspired by Reddit forum WallStreetBets, members of a 122,000-strong community hope to corner the silver market and bring down what they say is an unjust banking system.
Japan Times
WORLD
Jun 8, 2021
Websites rumble back to life after Fastly-linked outage
High traffic websites including Reddit, Amazon, CNN, Paypal, Spotify and the New York Times were listed as experiencing problems by outage tracking website Downdetector.com.
Japan Times
BUSINESS
Apr 4, 2021
As meme stock mania fizzles, Wall Street sees ‘big reckoning’
The day-trading Reddit crowd turned the first quarter of 2021 into one of the wildest periods of stock market mania in modern history. Books — plural — will undoubtedly be dedicated to the topic in years to come.
Japan Times
BUSINESS / Markets
Feb 3, 2021
GameStop and other Reddit-favored stocks plunge as trading frenzy fizzles
Analysts predicted that the market frenzy, which has drawn the attention of regulators and politicians, was likely to fade, and said it was just a question of how soon.
Japan Times
BUSINESS
Feb 3, 2021
GameStop frenzy is lost in translation for Japan’s day traders
Whatever the reason, Japan's throngs of retail investors seems reluctant to get too involved in the GameStop Corp. trading frenzy that has shaken markets worldwide.
Japan Times
BUSINESS / Markets
Feb 1, 2021
The Reddit army bailout: Desperate companies get new lifelines
It’s the kind of rescue that the most indebted companies in America can only dream of: a fresh injection of cash that doesn’t hurt their already depressed stock price or load even more costly debt onto their balance sheet.
Japan Times
BUSINESS
Jan 31, 2021
A tulip by another name? 'Gamestonk' and the case for investor caution
The likelihood that most of the losses from the rally in GameStop will come among the same group of retail investors who prodded it higher is leaving many on Wall Street baffled.
Japan Times
BUSINESS / ANALYSIS
Jan 30, 2021
GameStop's 'Reddit rally' puts scrutiny on social media forums
Social media services restrict discussions about weapons, drugs and other illegal activity, but their rules do not specifically mention another lucrative regulated good: stocks.
Japan Times
BUSINESS / Markets
Jan 29, 2021
Trading curbs by Robinhood reverse GameStop rally, angering upstart traders
Investors claimed that the very apps that had democratized trading — Robinhood in particular — were now doing the bidding of Wall Street.
Japan Times
COMMENTARY / World
Jan 29, 2021
GameStop's ‘French Revolution’ is a crypto-farce
If WallStreetBets is checkmate for old-school finance, then surely they'd want to win fair and square.
Japan Times
BUSINESS / Markets
Jan 29, 2021
Four things to know about the GameStop insanity
The stock moves come from a mix of traditional investing, rampant enthusiasm, stock-market mechanics and the belief that anyone can meme a fortune into existence.
Japan Times
BUSINESS / Markets
Jan 29, 2021
Beyond Reddit, day traders turn social media platforms into squawk boxes
Thousands of 'amateur' investors congregate on Facebook, Instagram, WhatsApp, Signal, Telegram, Discord, Clubhouse, Slack and other platforms to trade tips away from the public eye.
Japan Times
BUSINESS / Markets
Jan 27, 2021
Short sellers crushed like never before as retail army charges in
Following a more than 350% surge this year alone, one hedge fund has already endured big losses on its bearish bet against the consumer electronics firm Gamestop.
Japan Times
WORLD / Politics
Jun 30, 2020
Reddit bans 'The_Donald' forum amid broad social media crackdown
Social media site Reddit on Monday shut down r/The_Donald, a forum which long served as a popular online home base for fans of President Donald Trump, saying it violated the site's hate speech rules.
BUSINESS / Companies
Jun 17, 2017
Reddit's rumored fundraising may value startup at $1.7 billion
Reddit is one of the few relics of the mid-2000s internet that has not only survived but thrived in recent years. Now venture capitalists are giving a major boost to the link-sharing website, with funding that will give the company a valuation of about $1.7 billion, two people familiar with the matter...
Bankruptcies and suicides rise as Japanese struggle with mounting debt
Lawyers estimate that personal bankruptcies in Japan are on track to reach the highest since 2012 this year.
Honda and Nissan consider mutual production of vehicles, report says
Honda CEO Toshihiro Mibe at the Japan Mobility Show 2023 at Tokyo Big Sight in October 2023.
The mighty Mekong River's growing plastic problem
A group of elephant keepers in Chiang Saen, Thailand, remove plastic waste from the Ruak River, a tributary of the Mekong River, as a pair of Asian elephants bathe behind them.
Record 78% of people in Japan feel anxious, government survey finds
The public opinion survey on people's lives, conducted by the Cabinet Office, found that 28.1% of respondents think that their standard of living is at a lower-middle level among the general public — the highest percentage to give that response in 35 years.
Nippon Steel alleges undue White House influence on doomed deal review
U.S. President Joe Biden delivers remarks on the economy at the Brookings Institution in Washington on Dec. 10.
Casual workouts, cool living, ‘complete’ food: Japan’s health trends of 2024
In 2024, efficiency trumped effort among Japan's fitness-focused aspirants.
The mighty Mekong River's growing plastic problem
A group of elephant keepers in Chiang Saen, Thailand, remove plastic waste from the Ruak River, a tributary of the Mekong River, as a pair of Asian elephants bathe behind them.
Japanese officials inspect Yokota Air Base over PFAS concerns
The Yokota Air Base in western Tokyo in September 2019. An inspection of the base by Japanese government officials on Friday came amid public pressure to investigate suspected links between the use of PFAS-containing firefighting foam by the U.S. base and contamination of soil and groundwater in western Tokyo.
Crime numbers rise in Japan for second straight year
A police officer stands in front of the residence of a man alleged to have stabbed two junior high school students in Kitakyushu.
A year of Oscar wins and a quiet push for diversity
Ryusuke Hamaguchi’s “Evil Does Not Exist,” released in Japanese theaters in April, sharply dramatizes the clash between rural and urban values. The film won five awards at the 2023 Venice Film Festival, including the second-place Silver Lion prize.

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