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Steve Huffman, Reddit's CEO. On April 18, 2023, Reddit announced it would charge for its API service amid a potential initial public offering. [6] Speaking to The New York Times ' Mike Isaac, Reddit CEO Steve Huffman said, "The Reddit corpus of data is really valuable, but we don't need to give all of that value to some of the largest companies in the world for free".
Reddit (/ ˈ r ɛ d ɪ t / ⓘ) is an American social news aggregation, content rating, and forum social network. Registered users (commonly referred to as "Redditors") submit content to the site such as links, text posts, images, and videos, which are then voted up or down ("upvoted" or "downvoted") by other members.