Sports & Entertainment
Reddit seeks up to $6.5 billion valuation in IPO, source says
Media platform Reddit is eyeing a valuation of up to $6.5 billion in its initial public offering, two people with the matter told Reuters on Friday, far less than what it was worth a few years ago.
TikTok shakes up senior roles including in trust and safety unit, Information reports
ByteDance-owned short video app TikTok is replacing several senior executives including the person running its trust and safety unit which handles content moderation, the Information reported on Tuesday, citing people at the company and a memo sent to staff.
Gilas Pilipinas beats Chinese Taipei, ends FIBA Asia window with clean slate
Playing in front of the home crowd turned on a switch for Gilas Pilipinas, ending the first window of FIBA Asia Cup 2025 Qualifiers with a wire-to-wire performance against Chinese Taipei, 106-53, and a 2-0 card.
‘Oppenheimer’ steamrolls toward Oscars with SAG Award wins
Historical epic "Oppenheimer" picked up more prizes on Saturday at Hollywood's Screen Actors Guild (SAG) Awards, bolstering the movie's chances to score the best picture trophy at next month's Oscars.
S&P puts Paramount Global on negative watch as streaming competition grows
Ratings agency S&P on Friday placed Paramount Global's credit rating on a negative watch, citing low operating cash flow generation at the media conglomerate due to the ongoing decline in cable television and competition in streaming.
