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Reddit files to go public, first social media IPO in years
Reddit is filing to sell stock in an initial public offering, the first social media IPO since 2019. LiveNOW's Lexie Petrovic spoke about the Reddit's decision with Washington Examiner technology reporter Christopher Hutton.
SAN FRANCISCO - Reddit appears to be back up and running after thousands of users reported issues accessing the social media platform on Wednesday.
At 7:35 p.m. ET Reddit said that a fix had been implemented.
"A fix has been implemented and we are monitoring the results," Reddit stated.
Error reports began to increase at around 3:00 p.m. ET on Downdetector, an internet monitoring service. There was a spike of more than 46,000 error reports for Reddit at 3:35 p.m. ET, according to Downdetector.
At 4:38 p.m. Reddit said it was looking into the issue.
At 1 p.m. there were still more than 21,000 users impacted.
Reddit responded to FOX Television Stations' request for comment citing that there was a "bug" in a recent update the company had made.
"A fix is in place, and we're ramping back up," a spokesperson for Reddit told FOX.
Reddit logo is displayed in the Apple App Store on an iPhone. (Credit: Sheldon Cooper/SOPA Images/LightRocket via Getty Images)
The majority of consumers (58%) indicated that accessing the website was the problem. Some users cited an issue with the app and posting.