Dubsmash

• Reddit Shuts Down Short Video Platform Dubsmash
• Reddit Raises $700 Million At $10 Billion Valuation Six Months After Its Last Funding Round

  After raising a Series E in February, Reddit has announced even more funding -- a Series F led by Fidelity Investments totaling $700 million, which values the content aggregation and discussion platform at $10 billion. 

  
• Reddit Buys TikTok Competitor Dubsmash, Will Integrate App’s Video Creation Tools

  Stating that video is increasingly core to its platform, Reddit announced today its acquisition of Dubsmash, a TikTok-like, short-form, social video company.

  
• Saturday Night Live Wants You To Dub Your Own Skits

  SNL is celebrating the end of its 40th season by letting users of the app Dubsmash create their own skits using audio snippets from the season’s best bits.