Saturday, February 24, 2024

Many redditors say they are not enthused about Reddit's IPO and expect CEO Steve Huffman to run the site into the ground while trying to make it profitable (Elizabeth Lopatto/The Verge)

Elizabeth Lopatto / The Verge:
Many redditors say they are not enthused about Reddit's IPO and expect CEO Steve Huffman to run the site into the ground while trying to make it profitable  —  There's the mention of r/WallStreetBets.  (Five mentions in total, actually.)  There's the stockpile it's amassed of Bitcoin and Ethereum.



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Sources: private capital giant Apollo Global has shorted loans and rapidly cut exposure to the enterprise software sector in 2025 amid concerns over AI threat (Financial Times)

Financial Times : Sources: private capital giant Apollo Global has shorted loans and rapidly cut exposure to the enterprise software sect...