Reddit said on Wednesday that it had priced its shares at $34 each, a figure near the top end of the marketed range. By the end of Thursday’s trading session, the stock had climbed to $50.44, thereby valuing the firm at over $9 billion (£7.1 billion).
Browsing: US featured
The United States has filed a groundbreaking lawsuit against Apple, accusing the tech giant of monopolising the smartphone market and stifling competition. The lawsuit, filed by the Justice Department, says that Apple exploited its dominance over the iPhone app store to lock in both customers and developers.
Robinho, a former Brazilian football star, has been arrested and will start his nine-year prison term for a rape conviction. This sentence stems from his involvement in the gang rape of an Albanian woman at a Milan nightclub in 2013, a crime for which he was found guilty in Italy two years prior.
Angela Chao, a prominent figure in the shipping industry, tragically lost her life last month during an incident at a Texas ranch, according to authorities.
In a recent talk with the BBC, US Secretary of State Antony Blinken said Gaza’s two million people are experiencing “severe levels of acute food insecurity.”
Donald Trump cannot find a private company to guarantee the $464 million (£365 million) he has to pay in a New York civil fraud lawsuit.
Nvidia has revealed its latest artificial intelligence (AI) chip, boasting a significant speed boost of 30 times compared to its predecessor.
The White House says senior Hamas leader Marwan Issa has been killed in an Israeli air strike.
Donald Trump has warned there will be a ‘bloodbath’ if he doesn’t win the upcoming presidential election in a horrifying speech.
US police have captured a suspected gunman believed to be responsible for a series of deadly shootings in Pennsylvania. Authorities say that the suspect allegedly shot three individuals dead in Levittown on Saturday before fleeing across state lines.
Vladimir Putin has secured a fifth term as president in a landslide victory. He won 87% of the vote, in an election that saw three candidates stand against him – but many in the West argue that the three opposition candidates were not genuine contenders.
Boeing whistleblower said ‘if I die, it wasn’t suicide’ before he was found dead A former Boeing employee who was found dead during a court…
Alec Baldwin’s legal team has asked a judge to dismiss the involuntary manslaughter charges against him stemming from a fatal shooting on a movie set in 2021. The latest court motion alleges that prosecutors have unfairly biassed the case against the Emmy award-winning actor.
James Crumbley, aged 47, has been found guilty of manslaughter in connection with a school shooting where his son, a Michigan school gunman, killed four students.
Hunter Biden, the son of President Joe Biden, is scheduled to stand trial on June 3rd on charges related to the illegal possession of a handgun, as stated by a judge.
The US House of Representatives has approved significant legislation that may lead to the banning of TikTok in the United States. Under this legislation, the Chinese parent company of the popular social media platform, ByteDance, would have a six-month window to divest its controlling stake, failing which the app would be barred from operation in the US.
Google has confirmed it is implementing restrictions on the types of election-related questions users can pose to its Artificial Intelligence (AI) chatbot Gemini.
US President Joe Biden and former President Donald Trump will face a 2020 rematch for the White House after securing their party nominations.
Haiti’s Prime Minister Ariel Henry has bowed to the mounting pressure and escalating violence in the country, agreeing to step down.
A former Boeing employee, known for raising his concerns regarding the company’s production standards, has been found dead in the US.
One half of the summer blockbuster due – Barbenheimer- won big at last night’s Oscars. Oppenheimer was the biggest winner of the 96th Oscars, scoping seven awards including Best Picture and Best Actor for Irish star Cillian Murphy.
Rupert Murdoch is engaged for the second time this year to scientist Elena Zhukova after first meeting last year.
‘People assume things will naturally get better over time, but this isn’t the case. We’re seeing worrying regressions.’
President Joe Biden has unveiled plans for the US military to construct a port in Gaza to get more humanitarian aid to the region by sea.
President Joe Biden delivered a fiery State of the Union address on Thursday, directing pointed remarks towards his predecessor, Donald Trump while highlighting the key themes of his upcoming re-election bid.