{
Conde Nast Asia/Pacific Inc.

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001122334455554433221100

sam altman's reddit stake surpasses one billion dollars after earnings surge

Sam Altman's stake in Reddit is now valued at over $1 billion following a 20% surge in the company's shares after a strong earnings report. Altman, who controls approximately 12.2 million shares, was a significant investor in Reddit, contributing $60 million in 2021. He remains one of the largest shareholders, with no indication of selling his stock since the lockup period ended in September.
CNBC
Stripe Reddit, Inc. TENCENT Asana, Inc. Uber Technologies, Inc. OpenAI Advance Magazine Publishers Inc. Instacart (Maplebear Inc.) Airbnb, Inc. Fidelity National Information Services, Inc. Conde Nast Asia/Pacific Inc. CHN USA Joe Biden Sam Altman Ari Levy Show more
Finance & Economy, News Article
22:20 29.10.2024

the resurgence of print magazines in a digital age

Reports of print media's demise are overstated, yet many publications have closed or shifted to digital formats. Condé Nast has drastically reduced its print offerings, while some titles like Field & Stream and Sports Illustrated are reviving print editions in 2024. Indie magazines continue to thrive, carving out niches despite the challenges.
Bloomberg.com
United States Dollar Conde Nast Asia/Pacific Inc. Roger Lynch
Finance & Economy, News Article
09:00 24.10.2024
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