On Monday, Reddit introduced a contributor programme that pays users with genuine, real money in exchange for their false internet points. Eligible users can now convert their Reddit gold and karma into fiat currency (not cryptocurrency), which will be distributed once per month. So far, the Reddit contributor programme is limited to anyone over the…
Reddit, the social media platform at the core of a new retail stock trading frenzy, on Friday named previous Snap Inc executive Drew Vollero as its first CFO. The arrangement of Vollero, who as the main account head of Snap guided its change to a public organization, comes in the midst of rising assumptions for…
Reddit Inc has doubled in value to $6 billion as the social media platform at the heart of a month ago’s retail stock trading frenzy collected more cash to deal with the surge of new subscribers. The organization, which presently has in excess of 50 million daily active clients, reported a $250 million fundraising round…