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Startup wants to relaunch Twitter, as Reddit launches verification checkmarks

Startup wants to relaunch Twitter, as Reddit launches verification checkmarks | Stylized 3D version of Twitter logo

Deciding to abandon one of the world’s best-known brands was one of a number of imaginative decisions made by Elon Musk when he purchased Twitter and renamed it X. Now a startup wants to revive the name, arguing that X corporation no longer has any use for the trademark.

The legal arguments could get interesting, especially given that one of those involved in the venture is Stephen Coates – Twitter’s former general counsel …

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Reddit making global changes to protect kids after social media ban

Reddit making global changes to protect kids after social media ban | Photo shows a close-up of social media apps on an iPhone

Australia will tomorrow become the first democratic country in the world to ban children from using social media. However, it seems unlikely to be the last, as many other legislators around the world have expressed concern about the mental health harms that may be done to teenagers by social media.

Reddit is seeking to get ahead of the game by implementing new teen safety features globally instead of only within Australia …

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Reddit blocks non-profit Wayback Machine from archiving the site

Reddit blocks non-profit Wayback Machine from archiving the site | Reddit icon with dollar signs for eyes

The Internet Archive’s Wayback Machine is one of the most valuable free services available on the web, ensuring that important sources of information are protected from the vicissitudes of fate and tech companies.

Until recently, the archive was able to capture the entirety of Reddit, but that is no longer the case following new restrictions implemented by the for-profit community discussion platform …

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Digg is returning thanks to Digg and Reddit co-founders Kevin Rose and Alexis Ohanian

Digg is returning as it's bought by Digg and Reddit co-founders Kevin Rose and Alexis Ohanian | Screengrabs shown

Digg – once known as “the homepage of the internet” – is making a come-back, after being bought by its co-founder Kevin Rose in partnership with Reddit co-founder Alexis Ohanian.

It’s an interesting move given that Reddit was a competitor who pretty much inherited that “homepage of the web” accolade. Also ‘interesting’ is the pair’s belief that most moderation can be done by AI

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Major investigation launched into child protection measures on TikTok, Reddit, and Imgur

Major investigation launched into child protection measures on TikTok, Reddit, and Imgur | App icons seen on an iPhone

The UK’s privacy watchdog has announced a “major investigation” into the child protection measures of three popular apps: TikTok, Reddit, and Imgur.

The Information Commissioner’s Office (ICO) said that it has previously succeeded in bringing about child protection changes on X, Sendit, BeReal, Daily Motion, and Viber …

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Reddit banned 90+ subreddits ‘accidentally’ but some are worried

Reddit banned 90+ subreddits 'accidentally' but some are worried | Screengrab of banned community

Reddit banned more than 90 subreddits yesterday, later restoring them and blaming it on a bug, but some moderators are worried about what the move might signal for the future.

The banned subreddits were all ones allowing NSFW content, but while that is commonly thought of as adult entertainment, it also includes communities as diverse as r/cubancigars and  r/transgender_surgeries …

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Reddit share value rose 86%, but sales by CEO and COO saw reversal [U]

Reddit share value | Fun logo variants shown

Redditors who took advantage of their privileged access to stock ahead of the IPO have seen Reddit share value rocket from $34 to $59.80 by yesterday’s close – an 86% increase.

Update: Subsequent share sales by the company’s CEO and COO – coupled to a report describing the stock as “grossly overvalued” – saw the price fall to $49.32, below the closing price on the day of the IPO …

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Reddit data-sharing agreement with Cision is expanded after IPO

Reddit data-sharing agreement with Cision | Hands typing on MacBook

Following the company’s successful IPO, and a deal with Google to allow Reddit posts to be used as training data, the expansion of another Reddit data-sharing agreement has been signed – this time with Cision.

The data is likely to be used to help companies understand consumer perceptions of their brands, and insights into comments on their products …

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Reddit shares will cost between $31 and $34; Redditors can sell immediately

Reddit shares | Close-up of illustrative trading screen

We don’t yet know the exact cost of Reddit shares when they go on sale, but the company has indicated that the initial public offering (IPO) price will be between $31 and $34 per share.

Selected Redditors will get priority access ahead of the IPO, and unlike most preferential access deals, they will be free to sell their shares immediately if they wish to …

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Reddit IPO finally official; AI data harvesting deal was with Google

Reddit IPO finally official | Share data on screen

The long-awaited Reddit IPO is finally official, as the company formally notified the Securities and Exchange Commission (SEC) of its plans to take the company public on the New York Stock Exchange with the ticker symbol RDDT.

Reddit has also revealed that the controversial $60M/year deal to provide access to user-generated content to an AI company was with Google …

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