The platform’s new developer policies could price out third-party apps like Apollo. News 

The developer of the Reddit app says the site’s new API rules are costing him $20 million a year

Reddit’s recently announced plan to charge for API access could lower the developer price of one of Reddit’s most popular third-party apps. Reddit client app developer Apollo has raised alarm over the pricing of the new API, saying the changes will require it to spend millions of dollars to maintain its app in its current form. Reddit announced sweeping changes to its API rules last month, citing AI companies using its platform to train large language models. “Reddit’s dataset is really valuable,” Reddit CEO Steve Hoffman told the New York…

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Social discussion forum Reddit has rolled out new features to make it easier for Redditors and publishers to share content on and off Reddit for both iOS and Android users. News 

Reddit is rolling out new features to simplify sharing content on other platforms

Social discussion forum Reddit has launched new features that allow Redditors and publishers to share content on and off Reddit for both iOS and Android users. In the past, when a user came across a post, discussion, or meme on Reddit, the company didn’t make it easy to send it to others. However, the company is now making it easier for Redditors to quickly and easily share the Reddit content they love on other social platforms without compromising their Reddit identity. “On Reddit’s iOS and Android apps, you can now…

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Reddit launches 'chat channels' for subreddits, providing more ways for users to connect inside subreddits. News 

Reddit Introduces Chat Channels Feature; A new way to chat on Subreddits

Social discussion forum Reddit has introduced “chat channels”, a new way to chat on subreddits. With this move, the company is trying to provide community members with more ways to interact with each other. “This month, exclusively with 25 volunteer subreddits, we’re experimenting with a new way to chat in subreddits – chat channels! Chat channels are dedicated spaces in the subreddit where you can connect, ask questions, or just hang out,” Reddit said in a blog post Thursday. The new feature includes a dedicated channel for moderators to discuss…

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The company has introduced a "decluttered interface", making it easier for people to find relevant content and contribute to communities faster. News 

Reddit releases video, reading feed and adds new features: All the details here

American social discussion forum Reddit has introduced several new features, including sharing text and video messages on its platform. Reddit video content is pulled into the Watch feed view, while text content appears in the Read feed. Product improvements to be released later this year will make it easier and more efficient for users to find, join and contribute to communities by posting, voting and commenting, Reddit said in a blog post. The company announced the new feature on Tuesday, mentioning that video content on the platform will be pulled…

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Reddit was alerted about the hack by its employee and was quick to restrict the attacker's access to its systems. News 

Reddit confirms it was hacked and no user information was exposed

Reddit has admitted it was hacked this week, claiming it was a “sophisticated phishing” attack targeting its employees. Reddit shared this update and details of the breach in a post . The social forum mentioned that the hacking incident was reported on February 5, when the security of Reddit’s systems was breached. Having said that, Reddit assured that the user database has not been exposed in the hacking attempt, but the hackers have managed to access some internal documents, code and some internal business systems, Reddit mentioned in this post.…

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Yellen asked to discuss recent volatility and whether trading has been consistent with fair and efficient markets. (REUTERS) News 

Reddit commercial frenzy fades as Yellen summons agencies

A social media-driven trading frenzy cooled further on Wednesday when US Treasury Secretary Janet Yellen called a meeting of senior officials that could result in tighter market regulation for hedge funds, small investors and brokers. Mass buying by amateur traders over the past two weeks caused fierce price swings at companies that US fund managers had bet against, including video game retailer GameStop and movie theater operator AMC Entertainment. . GameStop’s US-listed shares, which hit $483 last week, fueled by posts on the popular Reddit WallStreetBets forum, fell this week…

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Dogecoin dives (Dogecoin) News 

Dogecoin dives after rally, sparking outcry on Reddit

The digital coin fell 46% in 24 hours to $0.02582 as of 4:35 p.m. in New York on Saturday, according to data from CoinMarketCap. It recovered to $0.03 on Sunday, though still less than half its high on Friday, when a seven-fold surge sent the coin over $0.07. Amid the rally, Robinhood temporarily suspended instant deposits for buying crypto on Friday, citing “extraordinary market conditions,” a spokesperson told CNBC. Users can still use funds already deposited on the platform to buy cryptos. Users of the Reddit feed SatoshiStreetBets – which…

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