Tag: Reddit

Social media site Reddit reported a hacking incident for which the ALPHV Russian ransomware group has now claimed to be the perpetrator. The group threatens to leak censorship and other sensitive, stolen information in relation to Reddit if the company does not pay $4.5 million. Reddit had reported the data breach on February after an employee fell victim to a ...

Social platform Reddit went offline for some time on June 12 when numerous subreddits or communities began protesting against the company’s new policy for access to the application programming interface (API), which would charge web developers for access to the site’s backend interface. The outage began at about 10:25 a.m. Eastern time, TechCrunch reported. “We’re aware of problems loading content and are ...

Reddit said on Tuesday it is laying off about 5 percent of its workforce, or 90 employees, joining a list of technology companies that have been cutting jobs across corporate America. Tech companies including Meta Platforms have been slashing jobs after aggressively hiring during the pandemic, as the industry braces for an economic downturn. Meta, the owner of Facebook, slashed ...