Good Evening,

Here’s what you missed today:

1. 🏀 Deadspin Sold, Staff Let Go

More trouble in digital media — G/O Media has decided to sell sports news site Deadspin and none of its employees are going along with it. Rather, the new owners plan to start totally fresh. Read more here →

2. 🚦 Inflation Has Stalled

Inflation has been the biggest economic topic in the post-pandemic period, and we’ve entered a new phase: a stall. The annual rate of inflation has stayed between 3% and 4% for the past eight months. Read more here →

3. 👽 Reddit Share Price Revealed

When Reddit goes public, it expects shares to be between $31 and $34 each. With 22 million shares on offer, the IPO could raise as much as $748 million. Read more here →

4. 💃🏽 TikTok Banned Bad-Mouthing?

According to a new report, restricted stock units given to employees at TikTok can be rescinded if the agreement is violated, including for making "critical, adverse, or disparaging" comments about the company, its affiliates, or employees. Read more here →

5. 😬 AI Racism Persisted

A new study found that despite human intervention to limit racism in large language models, more covert forms of racism are still very much present. The more subtle, the harder it is to root out. Read more here →

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