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- New Reddit rebrand fuels IPO hype
New Reddit rebrand fuels IPO hype
PLUS: Google goes geothermal
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Welcome, Tech enthusiasts.
Reddit just unveiled its first major redesign in years — complete with a slick new Snoo mascot, conveniently timed alongside accelerating IPO chatter.
As the internet's forum plots its public listing, how much of its counter-culture essence can survive the Wall Street shift? Let’s break it down…
In today’s tech rundown:
Reddit debuts new look amid IPO chatter
Google taps new geothermal energy technique
10 new products
Substack launches video tools
Google reverses decision to block Canadian news
ESA's Cheops spacecraft discovers a six-planet system
Read time: 3 minutes
TODAY’S HEADLINES
Image source: Reddit
The Rundown: Reddit just introduced its first major rebrand in years — including a slick new Snoo mascot — as the social media giant reportedly weighs going public in early 2024.
The details:
Snoo, the iconic alien mascot that originated from a college sketch by co-founder Alexis Ohanian, receives a new modern 3D makeover.
New fonts and colors aim to represent Reddit's identity as an eclectic hub for chatter.
The timing of the rebrand fuels speculation of a long-rumored IPO, as per Bloomberg.
Why it matters: A public listing would be a milestone in Reddit's wild 17-year journey — but can the ‘front page of the internet’ maintain its quirky, counter-culture essence post-IPO?
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Image source: Google
The Rundown: Google just went operational on its first-of-its-kind geothermal plant in Nevada — seeking to prove a new advanced drilling method to access previously inaccessible heat energy deep underground.
The details:
The method builds on methods from oil/gas industry to unlock geothermal potential previously blocked by geology.
The plant delivers constant, weather-independent electricity while radically reducing drilling risk and land use versus wind and solar.
Google partnered with clean-energy startup Fervo on the plant, who also just broke ground on a larger-scale version in Utah.
The tech giant has set a goal to operate its data centers and campuses on 24/7 carbon-free energy by 2030.
The relevance: Google is breaking the boundaries of energy harvesting — with the noble goal of unlocking clean power sources and transforming the sector.
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SNIPPETS
Substack launches video tools with direct uploads and customizable paywalls, competing with YouTube and Patreon.
Google reverses its decision to block Canadian news links, agreeing to pay publishers under the Online News Act, Bill C-18.
ESA's Cheops spacecraft discovers a rare six-planet system around star HD110067.
Google Nest cameras introduce a feature to alert users if their garage door is left open, enhancing home security and convenience.
MIT scientists create a method to simultaneously track seven molecules within living cells, revealing intricate cellular activities.
Apple pays minimal fees to Arm for chip licenses, leveraging its dominance in the smartphone market.
New antimicrobial textile coating developed to combat superbug spread in hospitals, effectively killing bacteria and viruses.
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THAT’S A WRAP
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