Discord Prepares for IPO, Names Former Activision Executive as New CEO
Discord, the popular communication platform, announces plans to go public and appoints a former Activision executive as CEO. The strategic leadership change positions the company for expansion beyond gaming while preparing for its Initial Public Offering.
Discord Expands Mobile Presence with Reward-Based Video Advertising
Discord is set to launch Video Quests, its first mobile advertising format, in June 2025. The new system will allow users to earn rewards like avatar decorations by engaging with video content, as the platform explores revenue opportunities beyond subscriptions.
Discord Faces Lawsuit Over Complex Nitro Subscription Cancellation Process
Discord is entangled in a California class-action lawsuit for allegedly making its Nitro subscription difficult to cancel, violating state business laws. The case highlights growing scrutiny of tech companies' subscription cancellation practices, following similar accusations against Adobe.