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Reddit Files for IPO After Igniting the Year’s Meme Stock Frenzy

Reddit Inc., the social media platform that helped fuel this year’s meme stock frenzy, said it has confidentially filed for an initial public offering. The San Francisco-based company said Wednesday in a statement that the number of shares and proposed price range for an IPO haven’t been determined. It said the listing is expected to…

Small Businesses Are Being Honest About Price Increases—and It’s Working

Dave Horesh always liked the nice round prices on his company’s website: $25, $50, $100 for custom-made fabric banners and pennants in a rainbow array of felts. But by October, vendors for materials like thread, felt, ink and brass grommets had raised prices multiple times in the course of the year, turning a “slow drip”…

Why Frances Haugen Is ‘Super Scared’ About Facebook’s Metaverse

Documents show Facebook knew far more about the harms of its products than it ever let on. Will it take safety in the metaverse seriously?

How the U.S. Boycott of the Beijing Olympics Is Splitting the World

The U.S., U.K., Canada and Australia have joined together for a “diplomatic boycott" of the Beijing Games—ending a global detente over the Olympics

What Is Log4j? The Security Flaw That’s Freaking Out the Internet

BOSTON — Security pros say it’s one of the worst computer vulnerabilities they’ve ever seen. They say state-backed Chinese and Iranian hackers and rogue cryptocurrency miners have already seized on it. The Department of Homeland Security is sounding a dire alarm, ordering federal agencies to urgently eliminate the bug because it’s so easily exploitable —…

Our Shopping Obsession Is Causing a Literal Stink

Box factories are enjoying a revival since the pandemic spurred more online shopping, but neighborhoods downwind of box makers say the smell is making life miserable

She Made Jeans for Americans. When They Stopped Shopping, She Turned to Sex Work

This piece is published in partnership with The Fuller Project. After Anna tucks her five children into bed each weeknight, she walks out the door to a grass patch behind her home. The former seamstress searches for the flat, heavy stone under which she’s buried her uniform for tonight: a camouflage miniskirt. For five years,…

Halo Infinite Made Me Love Gaming With Friends Again

Nostalgia is a curse. Its memory manipulation makes us hyperinflate the value or quality of past relationships, experiences, things we loved. When we see them again, the disappointment can be a shock. No, Speed Racer was not a good cartoon show. No, your grade school crush wasn’t that impressed at your spelling test scores. But…

Harris Reveals Plan to Build 500,000 Electric Vehicle Charging Stations

The Biden administration released an ambitious federal strategy Monday to build 500,000 charging stations for electric vehicles across the country and bring down the cost of electric cars with the goal of transforming the U.S. auto industry. “The future of transportation in our nation and around the world is electric,” Vice President Kamala Harris said…

Harley-Davidson LiveWire Will Become the First Electric Motorcycle Company in the U.S. to Go Public

MILWAUKEE — Harley-Davidson will take its electric motorcycle division public through a blank-check company, valuing the enterprise that has been part of the Harley for 10 years at $1.77 billion. The news gave a jolt to long-suffering shares of Harley-Davidson, which jumped 14% at the opening bell Monday. Under the agreement, the special purpose acquisition…

Deadly Collapse at Amazon Warehouse Puts Spotlight on Phone Ban

To many hourly front-line workers, Amazon's mobile phone ban demonstrates executives' indifference to employee safety.

Chipotle’s CEO on Fighting the Tide of Quitting Workers: It’s About More Than Higher Pay and Better Benefits

(To receive weekly emails of conversations with the world’s top CEOs and business decisionmakers, click here.) As chief executive of Chipotle Mexican Grill, Brian Niccol likes to schedule time on his packed calendar to visit the company’s restaurants and see people enjoying the food. “I see some of these burritos and bowls that people build…
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