Techmeme

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Michelle Price / Reuters:
Analysis finds bots programmatically hyping “meme” stocks across Twitter, Facebook, Instagram, and YouTube, but did not measure their influence   —  WASHINGTON (Reuters) - Bots on major social media platforms have been hyping up GameStop Corp and other “meme” stocks …
Feb 26, 2021, 6:50 PMIn context
Yogita Khatri / The Block:
Sorare, an ethereum-powered marketplace for creating and trading NFTs related to soccer, raises $50M Series A led by Benchmark   —  Quick Take  — NFT marketplace Sorare has raised $50 million in Series A.  — The round was led by Benchmark, with participation from Accel …
Feb 25, 2021, 9:30 AMIn context
Natasha Mascarenhas / TechCrunch:
Reddit says it has raised a $116M Series E extension, after raising $250M earlier this month   —  Reddit, which announced a $250 million Series E earlier this month, has added over $116 million to the financing event, upping the round's most recent total to $367 million, according to a new SEC filing.
Feb 23, 2021, 2:40 PMIn context
Tanzeel Akhtar / CoinDesk:
Bottlepay, which lets users send bitcoin via messages on Twitter, Reddit, and Discord, raises £11M at a post-money valuation of £51M   —  The payments platform is built with the Lightning Network scaling solution, which enables cheaper and faster bitcoin transactions.
Feb 23, 2021, 10:25 AMIn context
Makena Kelly / The Verge:
Thursday's House Committee hearing focused very little on social media's role in the GameStop squeeze and instead focused on Robinhood's influence   —  A Redditor, a FinTech bro, and two hedge fund managers walk into a hearing room  —  This story is part of a group of stories called
Feb 18, 2021, 7:00 PMIn context
YouTube:
Livestream of House Financial Services Committee hearing on GameStop stock with CEOs of Robinhood, Citadel, and Reddit, and YouTube streamer “Roaring Kitty”   —  Executives from Robinhood, Reddit, Citadel and Melvin Capital, are headed to Washington for Thursday's highly anticipated GameStop hearing at the U.S. Congress.
Feb 18, 2021, 12:31 PMIn context
Devin Coldewey / TechCrunch:
Reddit publishes its 2020 transparency report: 233M pieces of content were removed out of 3.4B total; 82,858 subreddits were removed, up 4x from 2019   —  Reddit has published its transparency report for 2020, showing various numbers relating to removed content, government requests, and other administrative actions.
Feb 17, 2021, 10:25 AMIn context
Mariella Moon / Engadget:
House committee says Robinhood CEO Vlad Tenev, Reddit CEO Steve Huffman, and YouTube streamer Keith Gill will testify at GameStop hearing on February 18   —  On February 18th, the House Financial Services Committee will hold a virtual hearing to look into how GameStop's shares
Feb 13, 2021, 10:55 AMIn context
Sarah E. Needleman / Wall Street Journal:
Reddit raises $250M+ Series E led by Vy Capital at a $6B valuation, doubling in value since its last funding round in February 2019   —  Its WallStreetBets community played a prominent role in recent stock-trading frenzy  —  Reddit Inc. doubled its valuation to $6 billion in a new round …
Feb 8, 2021, 8:45 PMIn context
Jesse Pound / CNBC:
GameStop's shares closed for the day at $90 on Feb. 2, down from a peak of $483 last week, as other Reddit-fueled stock trades like AMC suffer similar reversals   —  - Shares of GameStop skidded further before Tuesday's opening bell, with shares of the volatile retail-trader favorite sliding more than 40% …
Feb 2, 2021, 4:55 PMIn context

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