Sam Altman’s Reddit stake worth over $600 million after first day pop on NYSE
OpenAI CEO Sam Altman says he has no equity in the $80 billion artificial intelligence startup he co-founded in 2015.His ...
Tag: Social media
Reddit prices IPO at $34 per share in first major social media offering since 2019
In this photo illustration a Reddit logo is seen displayed on a smartphone.Mateusz Slodkowski | Sopa Images | Lightrocket | ...
FTC conducting inquiry into Reddit’s AI data-licensing practices ahead of IPO
Reddit said on Friday that the Federal Trade Commission sent a letter to the company about its data-licensing business related ...
The U.S. wants ByteDance to sell TikTok. China is almost certainly going to refuse
Visitors are visiting TikTok's stand at the Appliance & Electronics World Expo (AWE) in Shanghai, China, on April 27, 2023. ...
Former Treasury Secretary Mnuchin is putting together an investor group to buy TikTok
Former Treasury Secretary Steven Mnuchin is building an investor group to acquire ByteDance's TikTok, as a bipartisan piece of legislation ...
Palantir CEO Alex Karp says short sellers ‘love pulling down great American companies’ to pay for their cocaine
Palantir CEO Alex Karp skewered short sellers — investors who bet on the decline in a company's stock price — ...
Trump says a TikTok ban would empower Meta, slams Facebook as ‘enemy of the people’
Presumptive Republican presidential nominee Donald Trump on Monday raised concerns about efforts to ban Chinese-owned social media app TikTok in ...
TikTok creators look for other places to make money as threat of U.S. ban gains steam
Heidi, Marc, Charli, and Dixie D'Amelio at Shopify's D'Amelio Footwear Pop-up in New York CityShopifyCharli D'Amelio is the second-most followed ...
Biden says he’ll ban TikTok if Congress passes bill, but he’s campaigning on it until then
TikTok Music has launched on Wednesday in Australia, Singapore and Mexico to a small group of users.Jaap Arriens | Nurphoto ...
Meta is building a giant AI model to power its ‘entire video ecosystem,’ exec says
Omar Marques | Sopa Images | Lightrocket | Getty ImagesMeta's hefty investment in artificial intelligence includes development of an AI ...
