[ NEW YORK: Reddit soared in its Wall Street debut as investors pushed the valued of the company close to USD 9 billion seconds after it began trading on the New York Stock Exchange. Reddit, which priced its IPO at USD 34 a share, debuted Thursday afternoon at USD 47 a share. The going price … Read more
[ Reddit said ahead of its IPO next week that licensing user posts to Google and others for AI projects could bring in $203 million of revenue over the next few years. The community-driven platform was forced to disclose Friday that US regulators already have questions about that new line of business. In a regulatory … Read more
[ The Seattle ebike company Rad Power Bikes has announced four new ebike models, all of which have the very important distinction of being unlikely to have their batteries suddenly burst into flames. The company says its new Safe Shield Batteries—which come standard on all four new bikes—have been certified at UL-2271, an industry standard … Read more
[ Several people are typing, and they’re all saying Netflix’s Leave the World Behind is wildly prescient. The movie, directed by Sam Esmail, opens on a world where communication has been knocked out following a cyberattack. And earlier this week, when nearly all of Meta’s platforms—Facebook, Instagram, Threads—went down, people took to (other) social media … Read more
[ Social media platform Reddit filed with the SEC today for an initial public offering, a move anticipated for years by the company, which was founded in 2005 by Steve Huffman, Alexis Ohanian and Aaron Swartz. It boasts 100k+ communities, or subreddits, including wallstreetbets, the home of meme stock traders who upended Wall Street in … Read more
[ IPHONE rival OnePlus has followed the likes of Google and Samsung in rolling out generative AI features to smartphones owners. In an upcoming ColorOS update, OnePlus is set to add three new features powered by artificial intelligence: an AI Summariser, an image editing tool and an article summariser. 1 If the features prove effective … Read more
[ A LITTLE-KNOWN Wi-Fi issue might be weighing on your smartphone’s battery life, according to tech experts at Norton. If you wrestle with your Wi-Fi on the regular, and suffer with a fast-draining battery – there is a fix you need to know. 1 A Samsung user on Reddit discovered this several years ago, when … Read more
[ YOU might be squandering your precious PlayStation storage without realising. If you’ve got a PS5, there’s a simple mistake that you’ll want to look for right now. 1 Make sure you’re not wasting your PS5 storageCredit: Sony PlayStation The trick was posted in a Reddit thread on the PS5 subreddit, and titled “tip to … Read more
[ PLAYSTATION officially announced that it would be removing paid content from people’s gaming libraries. However, unlike the removal of Discovery TV Shows from PlayStation, this seems completely unplanned. 1 PlayStation owners are finding out that they have lost access to their games.Credit: Triyansh Gill via Unsplash PlayStation owners are writing on Twitter, Reddit, and … Read more
