Reddit Warns That r/WallStreetBets Could Wreak Havoc on Its Stock Price::In its IPO documents, Reddit said the price and volume of its stock could “experience extreme volatility for reasons unrelated to our underlying business.”
Twitter security staff kept firm in compliance by disobeying Musk, FTC says::Lina Khan: Musk demanded “actions that would have violated the FTC’s Order.”
X suspends account of Navalny’s wife::The widow of Alexei Navalny, Yulia Navalnaya, has had her X account restored after it was briefly suspended for unknown reasons. Meanwhile, his brother has been put on Russia’s wanted list. Listen to a Daily podcast special on the Russian opposition after Navalny’s death as you scroll.
Korea slaps $327,067 fine on Twitch for suspending service::The Korean telecommunications watchdog said Friday it has slapped a fine of 435 million won ($327,067) on the U.S. live video streaming platform Twitch, which suspended its video-on-demand (VOD) service in the country last year.
Google suspends Gemini from making AI images of people after a backlash complaining it was ‘woke’::After users complained Google’s Gemini had gone “woke,” the company said it will pause the image-generating feature of people while working on fixes.
Reddit Files to Go Public, Reveals That It Paid CEO $193 Million Last Year::Nineteen years since its founding, the social media site is finally going public.
Japan Bets $67 Billion to Become a Global Chip Powerhouse Once Again::(Bloomberg) – Deep in the snowy northern island of Hokkaido, Japan is pouring billions of dollars into a long-shot bet to revive its chip-making prowess and insulate its economy from growing US-China tensions.Most Read from BloombergYour 401(k) Will Be Gone...
Reddit is a ‘smaller, more volatile’ Twitter, says Big Technology’s Alex Kantrowitz::Alex Kantrowitz, Big Technology founder, joins ‘Squawk Box’ to discuss Reddit’s decision to go public, the company’s journey to IPO, Sam Altman’s stake in the company, and more.