Latest in Reddit’s Sees First Ever Profit as Explosive User Growth and AI Tools Help it Soar
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Reddit’s Sees First-Ever Profit as Explosive User Growth and AI Tools Help it Soar
The social discussion platform beat Wall Street analyst forecasts, with quarterly sales results better than 10 percent above estimates.Business - Inc. - October 30 -
Reddit's explosive user growth and AI tools help it soar to its first profit as a public company
Reddit has turned a profit for the first time as a public companyTech - ABC News - October 30 -
Reddit shares soar after company turns first-ever profit
Monthly users rose by nearly half thanks to AI translation feature, and deals for AI training with Google and OpenAI boosted revenue. Reddit on Tuesday reported a quarterly profit for the first ...World - The Guardian - October 30 -
Reddit shares soar 25% as it turns its first profit
Social media platform says it has attracted nearly 100mn daily active users with its ad tech investments starting to pay offBusiness - Financial Times - October 29 -
Reddit stock price soars after social media player reports rare profit
Reddit's stock leaps nearly 40% after the social media company reported a quarterly profit amid strong user growth.Top stories - CBS News - October 30 -
Reddit shares close up 42% on profitability, rosy guidance
Reddit shares popped Wednesday, one day after the company reported rosy third-quarter results.Business - CNBC - October 30 -
Alibaba’s stock turns lower as investments to meet AI demand hurt profitability
Alibaba’s stock knee-jerked up after earnings then reversed lower, as revenue missed expectations and ’aggressive’ investments on AI capabilities weighed on profitability.Business - MarketWatch - November 15 -
STMicroelectronics Sees Slowing Sales and Profit Growth
STMicroelectronics delayed a key sales target it hoped to hit much earlier, and cut its gross margin forecast, as the chip inventory glut that has plagued the industry in recent years continues to ...Business - The Wall Street Journal - 3 days ago -
Meta misses on user growth, warns of 2025 jump in AI spending
Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings.Business - CNBC - October 30 -
Reddit’s stock soars after social-media platform turns a profit, beats Q3 sales and earnings estimates
Reddit said Tuesday that it turned a profit in its third quarter — a first for the social-media platform since becoming a public company earlier this year.Business - MarketWatch - October 30 -
Apple is trying to sell loyal iPhone users on AI tools. Here's what Apple Intelligence can do
Apple customers starting on Wednesday can go to Apple stores for sessions on Apple Intelligence — the company's suite of AI tools.Entertainment - Los Angeles Times - October 30 -
Researchers say an AI-powered transcription tool used in hospitals invents things no one ever said
Whisper is a popular transcription tool powered by artificial intelligence, but it has a major flawTech - ABC News - October 26 -
Researchers say an AI-powered transcription tool used in hospitals invents things no one ever said
Whisper is a popular transcription tool powered by artificial intelligence, but it has a major flawHealth - ABC News - October 26 -
Tencent posts better-than-expected 47% profit surge as games, AI tools shine
Chinese gaming and social media giant Tencent on Wednesday reported profit above analysts' expectations, while revenue missed slightly.Business - CNBC - November 13 -
Reddit Back After Tens of Thousands of Users Report a Second Outage
Reddit users reported having problems with the site two days in a row.Business - The New York Times - 2 days ago -
Upstart’s return to ‘growth mode’ helps send the AI lending stock higher
Loan volumes picked up 43% on a sequential basis.Business - MarketWatch - November 8 -
Google Maps adds AI features to help users explore and navigate the world around them
Google Maps is heading down a new road steered by artificial intelligenceTech - ABC News - October 31 -
Reddit is down for many users, reports say. Here's what to know.
Reddit says it's investigating after users on Wednesday reported problems connecting to the online forum.Top stories - CBS News - 3 days ago -
Spanish growth soars as Eurozone stumbles
Boosted by investment, immigration and tourism, Spain’s economy is set to record better growth than even the USWorld - Financial Times - October 29 -
Reddit shares soar 22% on earnings beat and better-than-expected forecast
Reddit reported third-quarter results that exceeded analysts' estimates and gave a forecast for the current period that was well ahead of estimates.Business - CNBC - October 29 -
ChatGPT’s AI Search Tool Is Now Available From OpenAI
OpenAI just launched its newest artificial intelligence search experience for ChatGPT. Here’s how to get the AI search update, and WIRED’s initial impressions.Tech - Wired - October 31 -
Reddit’s results are on deck. Analysts expect ad strength and growth in online spending.
Reddit reports its third quarterly results as a public company after market close on Tuesday amid expectations of ad strength and healthy online spending growth.Business - MarketWatch - October 28 -
Nvidia’s Profit Doubles as A.I. Chip Sales Soar
The company, which dominates the market for chips used to build artificial intelligence, expects another big jump in the current quarter.Tech - The New York Times - 3 days ago -
Google AI chatbot asks user to ‘please die’
Google’s AI chatbot Gemini gave a threatening response to a Michigan college student, telling him to “please die.” The artificial intelligence program and the student, Vidhay Reddy, were engaging ...Politics - The Hill - 4 days ago -
More than ever, Europe needs growth champions
The companies on the first FT-Statista ranking of European companies by long-term revenue growth show what is possibleWorld - Financial Times - 3 days ago -
How Sema4.ai is empowering business users to deploy AI agents in minutes
Many early AI agents tend to be singularly-purposed or IT-driven. Sema4.ai says it is the differentiator for diverse horizontal use cases.Tech - VentureBeat - November 14 -
Here’s How LinkedIn Changed the Job Recruitment Game With a New AI Tool
AI agents may be the next big thing in tech, because they can perform work tasks as well as just chat. Will they end up taking people’s jobs? LinkedIn’s new system offers a hint.Business - Inc. - October 30 -
Meta unveils AI tools to give robots a human touch in physical world
Meta unveils three tools and benchmarks to enhance robot touch perception, dexterity, and human-robot collaboration in real-world settings.Tech - VentureBeat - November 2 -
Nvidia advances robot learning and humanoid development with AI and simulation tools
Nvidia revealed new AI and simulation tools that will advance robot learning and humanoid development. The world’s biggest tech company by valuation (worth $3.432 trillion) said that the tools will ...Tech - VentureBeat - November 6 -
China's Alibaba releases AI search tool for small businesses in Europe and the Americas
Chinese e-commerce giant Alibaba unveiled an artificial intelligence-powered search engine for small businesses in Europe and the Americas to source supplies.Business - CNBC - November 12
