How surveillance technology and the 'Reddit Detective Agency' helped search for a killer
Read full article: How surveillance technology and the 'Reddit Detective Agency' helped search for a killerMore than a decade ago, a frenzied 5-day search for the Boston Marathon bombers left some lessons in its aftermath.
Reddit sues AI company Perplexity and others for 'industrial-scale' scraping of user comments
Read full article: Reddit sues AI company Perplexity and others for 'industrial-scale' scraping of user commentsReddit has sued Perplexity AI and three other entities for allegedly scraping user comments for commercial gain.
Back trouble and brain fog bothered suspect in UnitedHealthcare CEO killing, his posts show
Read full article: Back trouble and brain fog bothered suspect in UnitedHealthcare CEO killing, his posts showSocial media posts from Luigi Mangione show the man suspected of killing UnitedHealthcare CEO Brian Thompson underwent successful back surgery last year that alleviated debilitating chronic pain.
AI is learning from what you said on Reddit, Stack Overflow or Facebook. Are you OK with that?
Read full article: AI is learning from what you said on Reddit, Stack Overflow or Facebook. Are you OK with that?Post a comment on Reddit, answer coding questions on Stack Overflow or share a baby photo on your public Facebook or Instagram feed and you are also helping to train the next generation of artificial intelligence.
Trump Media, Reddit surge despite questionable profit prospects, taking on the 'meme stock' mantle
Read full article: Trump Media, Reddit surge despite questionable profit prospects, taking on the 'meme stock' mantleReddit and Trump Media are the first notable social media companies to begin trading publicly in the last five years.
Reddit, the self-anointed 'front page of the internet,' soars in Wall Street debut
Read full article: Reddit, the self-anointed 'front page of the internet,' soars in Wall Street debutReddit soared in its Wall Street debut as investors pushed the value of the company close to $9 billion seconds after it began trading on the New York Stock Exchange.
Reddit poised to make its stock market debut after IPO prices at $34 per share amid strong demand
Read full article: Reddit poised to make its stock market debut after IPO prices at $34 per share amid strong demandReddit will enter a new era as a publicly traded company with a market value of $6.4 billion.
Reddit reveals FTC inquiry into deals licensing its users' data for AI training
Read full article: Reddit reveals FTC inquiry into deals licensing its users' data for AI trainingReddit says the Federal Trade Commission has opened an inquiry into the social media platform's sale, licensing or sharing of user posts and other content to outside organizations for use in training artificial intelligence models.
Reddit is preparing to sell shares to the public. Here's what you need to know
Read full article: Reddit is preparing to sell shares to the public. Here's what you need to knowReddit, that vast, lively and sometimes chaotic repository of internet discussion, said Monday that its pending initial public offering may be worth almost three quarters of a billion dollars.
The Reddit blackout, explained: Why thousands of subreddits are protesting third-party app charges
Read full article: The Reddit blackout, explained: Why thousands of subreddits are protesting third-party app chargesThousands of Reddit communities went dark this week in protest of upcoming API changes, which include a controversial policy that will charge some third-party apps for continued use.
Despite widespread protest, Reddit CEO says company is 'not negotiating' on 3rd-party app charges
Read full article: Despite widespread protest, Reddit CEO says company is 'not negotiating' on 3rd-party app chargesReddit is facing an ongoing blackout from some of its most active users after it revealed plans to charge some third-party apps for data access.
Thousands of Reddit communities go dark to boycott third-party app charges
Read full article: Thousands of Reddit communities go dark to boycott third-party app chargesThousands of Reddit communities have gone dark this week in protest of upcoming API changes, which include a controversial policy that will charge some third-party apps for continued use.
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Social media video shows San Antonio man wearing shower curtain covering in public
Read full article: Social media video shows San Antonio man wearing shower curtain covering in publicA video has surfaced on Reddit showing a San Antonio man wearing a shower curtain as a protective covering while in public.
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GameStop shares double after tumbling for much of February
Read full article: GameStop shares double after tumbling for much of FebruaryA rally in GameStop has been rare since it fell back to earth early this month. GameStop was an extreme example because some of its shares had been sold short multiple times. Gust Kepler, CEO of stocks and options platform BlackBoxStocks, said that he became aware around 3:30 EST Wednesday of “aggressive buying” of call options on GameStop shares. Speaking at the annual meeting of Los Angeles Daily Journal Wednesday, the Berkshire Hathaway vice chairman pinned the GameStop stock frenzy on small investors that he said were gambling on the stock market. One Redditor posted a chart in the forum showing the spike in GameStop's shares, adding: “TAKE THAT CHARLIE MUNGER.”___Associated Press writer Josh Funk in Omaha, Nebraska, contributed to this report.
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Robinhood CEO defends actions in GameStop saga at hearing
Read full article: Robinhood CEO defends actions in GameStop saga at hearing(House Financial Services Committee via AP)WASHINGTON – The CEO of Robinhood defended the trading platform to Congress Thursday for its actions during the GameStop trading saga, while apologizing to customers for restricting their ability to trade at the height of the frenzy. AdTenev said Robinhood imposed the trading restrictions because regulators had increased capital requirements tenfold due to the spike in trading volume. Gill earned a handsome profit and a legion of online followers for making the case for GameStop shares on Reddit and YouTube long before the big price surge in January. Beyond Robinhood’s actions during the GameStop frenzy, lawmakers raised concern about its business model generally and possible downsides of its “democratization” of stock trading. The company offers commission-free trading, but critics say customers pay another, hidden price because Robinhood provides their data on buying and selling to Wall Street firms.
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Wall Street's GameStop bug may have mutated; silver surges
Read full article: Wall Street's GameStop bug may have mutated; silver surgesShares of Pan American Silver surged about 12%, First Majestic Silver rose 22% and Hecla Mining spiked 28%. In the process, they've done heavy damage to those hedge funds in a stunning reversal of financial power on Wall Street. AdSome of these smaller traders believe the hedge funds that were pillaged last week are behind the surge in silver. Meanwhile, GameStop shares dropped 28% to $233 but the stock price has been tremendously volatile of late. Even so, hedge funds' exposure to the stock market remains close to record levels.
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Fight The Man: What GameStop's surge says about online mobs
Read full article: Fight The Man: What GameStop's surge says about online mobsMelvin Capital is also exiting GameStop, with manager Gabe Plotkin telling CNBC that the hedge fund was taking a significant loss. Last week they gave us the Great GameStop Stock Uprising. Online spaces are being used to radicalize people toward extremism, to plan hate crimes and attacks," she said. It’s the same thing as when Jim Cramer gets on CNBC smashing buttons.”AdIn 2017, the hashtag “MeToo" began going viral as women — and some men — shared their experiences of sexual assault on social media. Social media also helped Black Lives Matter activists organize rallies, record police violence and communicate during the marches sweeping the U.S. and other countries following the death of George Floyd last summer.
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Agency homing in on social media companies' data collection
Read full article: Agency homing in on social media companies' data collectionWASHINGTON – Federal regulators are ordering Facebook, Twitter, Amazon, TikTok’s parent and five other social media companies to provide detailed information on how they collect and use consumers’ personal data and how their practices affect children and teens. The other five companies are Reddit, Snap, Discord, WhatsApp, which is owned by Facebook, and Google’s YouTube. Regulators and lawmakers are increasingly weaving their concerns over data power and privacy into their investigations of Big Tech companies' market dominance. Facebook, the largest social network, gets the bulk of its revenue — which reached $70.7 billion last year — from online ads. They said the planned study “will lift the hood on the social media and video streaming firms to carefully study their engines."
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Facebook says it will ban groups that openly support QAnon
Read full article: Facebook says it will ban groups that openly support QAnonOAKLAND, Calif. – Facebook said it will ban groups that openly support QAnon, the baseless conspiracy theory that paints President Donald Trump as a secret warrior against a supposed child-trafficking ring run by celebrities and “deep state” government officials. The company said Tuesday that it will remove Facebook pages, groups and Instagram accounts for “representing QAnon” — even if they don’t promote violence. Mentions of QAnon in a group focused on a different subject won't necessarily lead to a ban, Facebook said. It said it would only remove QAnon groups if they promote violence. Reddit, which began banning QAnon groups in 2018, was well ahead, and to date it has largely avoided having a notable QAnon presence on its platform.
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Reddit user calls out H-E-B for seemingly throwing shade on El Paso
Read full article: Reddit user calls out H-E-B for seemingly throwing shade on El PasoEL PASO, Texas – H-E-B has unintentionally shaded El Paso in a new printing design on one of the company’s soda cans. A Reddit user posted a photo on the social media platform on Sept. 20 with a photo of a can of H-E-B Original Cola which shows the logo cutting off part of Texas. Far West Texas, including El Paso, is noticeably absent from the logo on the can. KSAT reached out to H-E-B for comment and spokesperson Dya Campos said “it is an unintentional printing error on the small-sized can only.”Another Reddit user pointed out that there are no H-E-B stores in El Paso saying “guess that explains why they don’t have any stores here.”A search on the Texas grocer’s website reveals there are no H-E-B stores within 100 miles of El Paso. Campos told KPRC in Houston that “the design on the can is adjusted to include the nutrition label ... and the design varies on the cans, bottles, and the 12-pack box and reflects the entire state in the total design package.”Related:
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Alexis Ohanian Opens Up About His Decision to Step Down From Reddit Board
Read full article: Alexis Ohanian Opens Up About His Decision to Step Down From Reddit BoardAlexis Ohanian is opening up about his difficult decision to step down from the board of Reddit. The Reddit co-founder and executive chairman announced his decision to resign from the company's board on Friday, encouraging them to fill his seat with a black candidate. "This was not an easy decision at all," Ohanian confessed of the decision, which was made "upon reflecting on the state of where our country is right now." Ohanian and Williams share a 2-year-old daughter together, Alexis Olympia. RELATED CONTENT:Michelle Obama Gets Emotional in Powerful Commencement AddressRachel Lindsay Says Lack of Black 'Bachelor' Is 'Embarrassing'Alexis Ohanian Wants His Reddit Board Seat to Go to a Black Candidate
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Serena Williams' Husband Alexis Ohanian Steps Down From Reddit Board, Wants Black Candidate to Replace Him
Read full article: Serena Williams' Husband Alexis Ohanian Steps Down From Reddit Board, Wants Black Candidate to Replace HimI have resigned as a member of the Reddit board, I have urged them to fill my seat with a black candidate." That's not all Ohanian is doing in support of Black Lives Matter. Ohanian co-founded Reddit in 2005, and his net worth is estimated at $70 million, according to Forbes last year. Prior to his announcement, Ohanian shared several posts in support of Black Lives Matter as the country and world protest the untimely death of George Floyd and police brutality. RELATED CONTENT:Director Steve McQueen Dedicates His New Movies to George FloydJohn Boyega Gives Emotional Speech During Black Lives Matter ProtestAmber Riley Sings Beyonc's 'Freedom' at Black Lives Matter Protest
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Can’t create a Facebook avatar? These may be the reasons
Read full article: Can’t create a Facebook avatar? These may be the reasonsFacebook and Reddit users keep asking how to create a Facebook avatar, as many people have already shared their creations on their timelines, keeping the rest of us in FOMO mode. Fidji Simo, the head of the Facebook App, responded to some of those questions after she announced the avatars’ launch last week. Want to make your Facebook avatar? Next, scroll down and select “See More.” Then, click on “Avatars," click on “Next" and then “Get started.”“Turn on your location for Facebook. As you create your avatar, you can match your own appearance, or you can mix it up.