Ticker: RDDT | Published: 2026-09-22
PH Regulator Threatens Ban
Reddit is selling off sharply while the broader market rallies because Philippine cybercrime authorities ordered the company to establish a local office within 24 hours or face a ban, adding fresh regulatory risk to the story.
Sources: https://www.abs-cbn.com/news/technology/2026/9/22/cybercrime-body-orders-reddit-discord-to-set-up-local-office-or-face-ban,