Nokia Tells Reddit It Infringes Some Patents in Lead-Up to IPO

Reddit Inc., the social media platform gearing up for an initial public offering this week, said Nokia Oyj has accused it of infringing some of their patents.

Nokia Technologies, the company’s licensing business, sent Reddit a letter on Monday with the claims, and Reddit is evaluating them, according to a filing made Tuesday. “As we face increasing competition and become increasingly high profile, the possibility of receiving more intellectual property claims against us grows,” Reddit said in the filing.

Nokia’s claims come as Reddit prepares for an initial public offering in an effort to raise hundreds of millions ...