Social media platform Reddit has said it confidentially submitted a draft registration with the U.S. Securities and Exchange Commission to go public on Wall Street. As such, Reddit said in a statement on Wednesday that it has “confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (the ‘SEC’) relating […]

Reddit's $10 billion

After doubling its value in only six months, Reddit, the social networking site often labeled as the front page of the internet, is now worth more than $10 billion after earning $410 million in funding.  The company announced the milestone through an in-depth interview with The New York Times, in which Reddit’s co-founder and CEO Steve Huffman disclosed how the company managed to raise its value in a short […]

Online news content and mental health

Across the world, many of us are in lockdown, which either means that we are working from home or not working at all. Inevitably, this has an effect on our mental health. 46% of people in a recent survey say that their mental health is now worse than it was pre-coronavirus. Another thing indicated by […]