Reddit gains $4B valuation from new funding
Steve Huffman, co-founder and chief executive of Reddit, commented on the company’s recent investment round, which valued the company at $10 billion. Since its most recent investment round in February, the popular social media platform Reddit has seen its market capitalization increase by $4 billion. Six months ago, the company raised $250 million in Series […]
Did Facebook Buy Bitcoin? Rumored Crypto Earnings Call Announcement Fails to Materialize
Rumors that Facebook would be announcing Bitcoin investment were shattered on Wednesday following social media giants did not mention it in their earnings report for the first quarter of 2021. Where the rumors began is not clear. During the hours leading to the publication of the report, several Social Media users had mentioned the alleged […]