Reddit is valued at over $10 billion after raising an additional $410 million from a group of investors led by Fidelity Investments, according to a report from The New York Times. The online news aggregator and discussion forum plans to raise a total of $700 million as part of the new Series F funding, the company announced on Thursday. San Francisco-based Reddit was valued at $6 billion in...
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Opinion Media/Telecom Entertainment
Why YouTube Sees Hollywood’s Future in the Creator Economy
Tuesday’s letter from YouTube Chief Business Officer Robert Kyncl to its 2 million–strong creator community—announcing that original content chief Susanne Daniels had resigned—read like the final salvo in YouTube’s recent PR campaign touting its creator economy successes. Consider: When Daniels started in her role in 2016, she was commissioning original scripted...
Google Urges Court To Throw Out Texas-led Antitrust Case Against Ad Tech Business
Twitter CEO Shakes Up Security Team
TikTok Owner ByteDance’s 2021 Revenue Rose 70%
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