Reddit announced it is developing a new video experience that will allow users to watch videos and listen to posts in the background, inspired by the popularity of TikTok videos featuring narrated Reddit stories. CEO Steve Huffman highlighted that many viral Reddit stories are already shared as text-to-speech videos on TikTok, and Reddit aims to create an engaging, distinct format for this content within its app. The feature is expected to be available for testing later this year, as Reddit and other platforms adopt TikTok-like video feeds to boost user engagement. This move follows Reddit's recent success with video comments, which now make up over 10% of its video posts.
Comvita reported a net profit after tax (NPAT) of $7.7 million for the fiscal year ending June 30, 2026, marking a return to profitability. The company also significantly reduced its debt, normalized inventory levels, and restored positive cash flow....
Six months after the US and Israel launched combat operations in Iran, the conflict remains a stalemate with no clear resolution. The Trump administration has shifted from military action to economic pressure, including secondary sanctions, aiming to...
The U.S. SEC declared Evernorth Holdings' Form S-4 registration effective, allowing Armada Acquisition Corp. II shareholders to vote on the proposed merger on September 30, 2026. This merger would create a Nasdaq-listed company under the ticker XRPN,...
VictoryShares US Value Momentum ETF (ULVM) received a Hold rating because, despite its strong year-to-date performance, it faces long-term vulnerabilities. The ETF combines value and momentum investment strategies but leans towards low volatility, wh...
Bitcoin DeFi lending involves depositing BTC-related assets as collateral to borrow or supply liquidity, with returns from borrower interest or fees. Different lending models—pooled, isolated, stablecoin-backed, native BTC, and custodial—vary in risk...
