Reddit Inc on Monday confirmed a new funding round that included a US$150 million investment by Chinese technology behemoth Tencent Holdings Ltd (騰訊), prompting concerns that "the front page of the Internet" might wind up censored.
Founded in 2005 by two University of Virginia students, Reddit has continued to attract a loyal user base despite its relatively simple format, where users are invited to discuss just about any topic on more than 150,000 "sub-Reddit" forums.
Reddit has raised a new $300 million round of funding from investors including Tencent, Sequoia, Fidelity and Andreessen Horowitz among others.
Reddit users protested, some posting pictures known to be banned in China, such as cartoon character "Winnie the Pooh". Last week reports said that Tencent would be investing $150m (£115m) into the platform. The Reddit platform allows users to share links on any conceivable subject, which are then up-or down-voted, meaning the most popular content surfaces to the top and is more prominent. The government's internet censorship regime uses a series of technical measures to block foreign platforms and controversial content.
15-month-old girl among the five shot dead on Texas property
Lyons says a firearm was recovered from the house about 75 miles northeast of Houston and that no suspects were being sought. When law enforcement arrived at the scene they found that several people had been shot. "She is not a suspect at this time".
Star wars: USA raises alarm over threats to space supremacy
This capability supports both space operations and counter space systems, it said. At the same time, control over space is increasingly contested.
Ajax vs Real Madrid: how and where to watch
As well as the disallowed goal, Tadic hit a post and Ajax were full value for their equaliser scored by Hakim Ziyech. If you make small errors, a team like Real Madrid are merciless and will punish you for that.
Tencent operates online games and popular WeChat social media service. The push appears to be achieving results, with the company's ad revenue reportedly exceeding $100 million for the first time past year. Chinese authorities also blocked references to the date of Tiananmen Square Massacre such as "4 June" and "six four".
Reddit Chief Executive Officer Steve Huffman told CNBC today that "one of the things that's been very important to us is that we can now assure advertisers that you are going to have a positive experience on Reddit and potentially even a new experience, a new way of connecting with customers".
Images of the storybook bear were reportedly banned online in China after bloggers used them to represent President Xi Jinping in posts.