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Reddit shares close up 42% on profitability, rosy guidance
Reddit shares popped Wednesday, one day after the company reported rosy third-quarter results.Business - CNBC - October 30 -
Reddit has sold most of its cryptocurrency portfolio
Reddit’s proceeds from the crypto sale were $6.9 million during the quarter, according to a filing.Business - MarketWatch - October 30 -
Reddit’s results are on deck. Analysts expect ad strength and growth in online spending.
Reddit reports its third quarterly results as a public company after market close on Tuesday amid expectations of ad strength and healthy online spending growth.Business - MarketWatch - October 28 -
Reddit shares soar 25% as it turns its first profit
Social media platform says it has attracted nearly 100mn daily active users with its ad tech investments starting to pay offBusiness - Financial Times - October 29 -
Reddit shares soar 22% on earnings beat and better-than-expected forecast
Reddit reported third-quarter results that exceeded analysts' estimates and gave a forecast for the current period that was well ahead of estimates.Business - CNBC - October 29 -
Reddit shares soar after company turns first-ever profit
Monthly users rose by nearly half thanks to AI translation feature, and deals for AI training with Google and OpenAI boosted revenue. Reddit on Tuesday reported a quarterly profit for the first ...World - The Guardian - October 30 -
JD Vance Adviser Posted on Reddit for Years About Use of Cocaine, ‘Gas Station Heroin,’ Other Drugs
Aaron Kofsky, JD Vance’s financial policy adviser, called Vance “a Trump boot licker” and instructed users on how to transport drugs through TSA in the posts. “Coke then opiates is always my ...Tech - Wired - October 16 -
Why It Matters That JD Vance's Financial Adviser Posted About Drug Use on Reddit for Years
Aaron Kofsky isn’t just a random staffer; he is JD Vance’s financial policy adviser during an election cycle that cares about crypto.Tech - Wired - October 17 -
Reddit’s stock soars after social-media platform turns a profit, beats Q3 sales and earnings estimates
Reddit said Tuesday that it turned a profit in its third quarter — a first for the social-media platform since becoming a public company earlier this year.Business - MarketWatch - October 30 -
Sam Altman’s Reddit stake now worth over $1 billion after post-earnings pop
OpenAI CEO Sam Altman's stake in Reddit has ballooned to more than $1 billion in value, as of after-hours trading on Tuesday.Business - CNBC - October 29 -
‘Rocketship’ Reddit’s third-quarter results a real ‘Jekyll and Hyde’ story, says Bernstein
Reddit Inc.’s better-than-expected third-quarter results highlight the social-media platform’s strong growth potential, analysts say.Business - MarketWatch - October 30 -
Reddit's explosive user growth and AI tools help it soar to its first profit as a public company
Reddit has turned a profit for the first time as a public companyTech - ABC News - October 30 -
Reddit’s Sees First-Ever Profit as Explosive User Growth and AI Tools Help it Soar
The social discussion platform beat Wall Street analyst forecasts, with quarterly sales results better than 10 percent above estimates.Business - Inc. - October 30 -
Reddit stock price soars after social media player reports rare profit
Reddit's stock leaps nearly 40% after the social media company reported a quarterly profit amid strong user growth.Top stories - CBS News - October 30 -
JD Vance’s Senate Office Fires Key Adviser Who Posted About Drug Use on Reddit
“Those posts were written in good humor and didn't hurt anybody,” says Aaron Kofsky, who advised Vance on crypto and banking policy, of posts in which he wrote about using cocaine, kratom, and ...Tech - Wired - 4 days ago -
Masimo Terminates Founder Kiani as CEO
Medical-device maker said Joe Kiani, who previously informed the board of his decision to resign as chief executive, has been terminated by the company, following a review by outside counsel.Business - The Wall Street Journal - October 29 -
Dollar Tree CEO Steps Down
The discount retailer is searching for a new chief executive after Rick Dreiling stepped down from the company’s top role, citing health challenges.Business - The Wall Street Journal - 3 days ago -
Schneider Electric Ousts CEO Herweck
Schneider Electric removed Peter Herweck from his role as chief executive after just 18 months on the job, citing differences on the strategic roadmap, and replaced him with company veteran Olivier ...Business - The Wall Street Journal - 4 days ago -
5 Self-Care Rituals of Top CEOs
Here’s how Inc. 5000 CEOs prioritize wellness while running fast-growing companies.Business - Inc. - October 14 -
Tom Donohue, former longtime Chamber CEO, dies
Tom Donohue, who led the U.S. Chamber of Commerce for more than two decades before retiring in 2021, has died, the business lobbying giant announced Monday. The Chamber represents big business in ...Politics - The Hill - October 14 -
Starbucks Scales Back Discounts Under New CEO
Brian Niccol, the company’s new chief executive, is aiming to improve cafe operations and focus more on selling premium coffee while promoting seasonal drinks.Business - The Wall Street Journal - October 14 -
Uber CEO Dara Khosrowshahi | 5 Questions
The Uber chief executive on company culture, competing with Amazon, and Elon Musk’s robotaxisBusiness - Financial Times - October 15 -
Atos Appoints Philippe Salle as CEO, Chairman
Salle will assume his position as CEO from Feb. 1, 2025, while his appointment as chairman of the board of directors is effective immediately.Business - The Wall Street Journal - October 15 -
Wells Fargo CEO calls consumers 'extremely resilient'
Wells Fargo CEO Charlie Scharf gave CNBC's Jim Cramer a positive read on the consumer landscape.Business - CNBC - October 15 -
Airbnb CEO Brian Chesky Thinks Micromanaging Is Underrated
What the founder and CEO really meant in that infamous ‘Founder Mode’ speech.Business - Inc. - October 16 -
After Decades of Increases, CEO Pay Dipped in 2023
An annual study of chief executive compensation found average pay dropped nearly 20 percent last year, reflecting a reduction of stock options in their pay packages.Business - Inc. - October 17 -
CVS replaces CEO as profits, share price suffer
Longtime CVS Health executive David Joyner has replaced Karen Lynch as CEO, as the company struggles to drive higher profits and stock performance, CVS announced Friday.Top stories - NBC News - October 18 -
Hilton CEO: ‘Complacency is a disease that can be very dangerous’
Chris Nassetta has turned round the hotel group through measured expansion and consistent serviceBusiness - Financial Times - October 20 -
Disney announces when it will replace CEO Bob Iger
Disney is clarifying its timeline for naming Bob Iger's successor, while also bringing in Morgan Stanley's ex-CEO as board chair.Top stories - CBS News - October 21 -
Ex-Abercrombie CEO used power, wealth and influence to traffic vulnerable men, prosecutors say
Prosecutors in the US said the men used force, fraud and coercion to engage in "violent and exploitive" sexual acts.Top stories - BBC News - October 23 -
Former Abercrombie & Fitch CEO arrested on sex trafficking charges
The investigation involved whether the men sexually exploited and abused young men at parties they hosted in the U.S. and around the world, the sources said.Top stories - ABC News - October 22 -
Details on arrest of former Abercrombie CEO for sex trafficking
Prosecutors say former Abercrombie CEO Mike Jeffries and two of his associates coerced young men to participate in sex parties from 2008 through 2015 by promising them modeling careers. CBS News ...Top stories - CBS News - October 23 -
Starbucks Baristas Demand Change from New CEO
Starbucks baristas hope to see their complaints taken seriously with new leadership at the helm.Business - Inc. - October 23 -
Perplexity CEO ‘Surprised’ by Publishers’ Lawsuit Against Startup
Aravind Srinivas said he told Dow Jones and the New York Post in June that the AI company was open to discussions about using their content.Business - Inc. - October 24 -
From intern to CEO: does it pay to be a company lifer?
Executives who spend their career at one place can boost morale and loyalty but risk stifling innovationBusiness - Financial Times - October 28 -
Pfizer's Strong Quarter Bolsters CEO's Comeback Efforts
The pharmaceutical company reported its third consecutive quarter with positive results.Business - The Wall Street Journal - October 29