Reddit is not owned by Microsoft. Reddit was founded by Steve Huffman and Alexis Ohanian in 2005. Initially, it was an independent platform created by the two University of Virginia roommates. However, in October 2006, Condé Nast Publications acquired Reddit. Condé Nast is a publishing company that owns various media brands, including magazines like Vogue and The New Yorker.
Under Condé Nast’s ownership, Reddit continued to grow and gain popularity as a social news aggregation and discussion website. However, in 2011, Reddit became an independent subsidiary of Condé Nast’s parent company, Advance Publications. This move allowed Reddit to operate more autonomously and pursue its own strategic direction.
Despite various ownership changes, Reddit has never been owned by Microsoft. Microsoft is a technology company known for its software products, such as Windows and Office, as well as its hardware devices like Xbox and Surface. While Microsoft has made investments in various companies and acquired other businesses, Reddit is not among them.
Reddit is not owned by Microsoft. It was founded by Steve Huffman and Alexis Ohanian, acquired by Condé Nast in 2006, and later became an independent subsidiary of Advance Publications in 2011.