Reddit stock fell 5%+ on Friday after Meta launched a standalone app for online forums, called Forum; Reddit's stock is now down almost 40% this year
CNBC Jonathan Vanian
Related Coverage
- Meta Releases New App for Facebook Groups MarketWatch · Christopher Kuo
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- Meta's Latest App Looks Like Reddit Gizmodo · Ece Yildirim
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- Meta launches Forum app for Facebook Groups discussions Quartz
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- Forum is Meta's new Facebook Groups app, and it looks a lot like Reddit The Next Web · Ana Maria Constantin
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- Meta built a Reddit rival out of Facebook Groups Digital Trends · Paulo Vargas
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- Facebook's got a new, secret app called Forum Mashable · Stan Schroeder
- Meta releases Forum, a Reddit-like standalone app for Facebook Groups, with a feed showing Group conversations and an AI-powered “Ask” feature, on iOS Engadget · Mariella Moon
- Meta has released a new app called Forum, dedicated to Facebook groups. Really awesome to see all your Grouos content sometimes without having to open the normal Facebook app. @jwang815 · Jason Wang
- Forum is standalone app for Facebook Groups billed as a place for deeper discussions and real answers from the communities you care about. — I've always thought a Reddit-style take on Facebook Groups is a great idea and I'm interested to see how it resonates with people. — https://www.cnbc.com/... @carnage4life@mas.to · Dare Obasanjo
- Meta Launches Forum, a New App for Facebook Groups with a Custom Algorithm Thurrott · Laurent Giret
- Meta Launches Forum, a Standalone Facebook Groups App Positioned as a Reddit Alternative Ghacks · Arthur Kay
- Facebook Launches ‘Forum’ App to Fight Reddit, But It's Missing in Canada iPhone in Canada · Austin Blake
- Reddit falls as Meta tests Forum in Facebook Groups Tech in Asia · Aiko Gao Ishida
- Meta ‘Forum’ App Targets Reddit: Pseudonyms Hide Nothing From Group Admins International Business Times · Isaiah Richard
Discussion
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@milkkarten
Rachel Karten
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interest-based algorithms have rooted out the “social” in social media so now those same platforms are creating new apps to address problems of their own making
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Reddit stock drops almost 6% after Meta launches standalone app for online forums
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Reddit stock drops 6% after Meta launches standalone app for online forums
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BREAKING: Meta Quietly Launches A Reddit-Like App Called Forum, That Lets Users Post Anonymously In Facebook Groups, And Reddit Stock Immediately Falls 6% …
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Reddit stock drops 6% after Meta launches standalone app for online forums / Reddit's stock is now down almost 40% this year despite a strengthening online ad business