![Reddit: In its stock market debut, a social media company's shares surge](https://i0.wp.com/flyfmghana.com/wp-content/uploads/2024/03/th.jpg?resize=780%2C470&ssl=1)
Questions and charges
For starters, authorities are keeping a closer eye on the social media site.
The Federal Trade Commission (FTC) of the United States is currently investigating Reddit’s data licensing practices for artificial intelligence (AI) models. Regulators often object to large technology companies selling user-generated data.
Although the platform might have anticipated that, it might have been caught off guard by a challenge from mobile phone company Nokia, which claims that the platform is violating its patents.
The most noteworthy of all is probably the fact that Reddit lists its users as a possible risk associated with owning business shares in a document it made with the Securities and Exchange Commission (SEC), the US financial markets regulator.