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. - 9 hours ago -
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 - 3 hours ago -
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 - 12 hours ago -
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 - Yesterday -
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 - 9 hours ago -
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 - 7 hours 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 - 5 hours ago -
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 - Yesterday -
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 - 4 hours ago -
This AI Tool Helped Convict People of Murder. Then Someone Took a Closer Look
Global Intelligence claims its Cybercheck technology can help cops find key evidence to nail a case. But a WIRED investigation reveals the smoking gun often appears far less solid.Tech - Wired - October 15 -
TSMC beats forecasts with 54% surge in profits on soaring AI demand
Taiwan Semiconductor Manufacturing Co said its sales were boosted by strong demand from smartphone makers and artificial intelligence firmsBusiness - MarketWatch - October 17 -
Nvidia and Apple supplier TSMC shares pop after quarterly profit soars on AI demand
TSMC, the world’s largest producer of advanced chips, posted a 54% hike in third-quarter profit.Business - CNBC - October 18 -
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 - 4 days ago -
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 - 4 days ago -
BlackBerry Sees Rising Profitability Through Focus on Growth Opportunities
The Canadian company told investors its immediate priority was streamlining investments in its Cylance cybersecurity unit and focusing on opportunities for growth, mainly QNX.Business - The Wall Street Journal - October 16 -
AI mediation tool may help reduce culture war rifts, say researchers
System built by Google DeepMind team takes individual views and generates a set of group statements. Artificial intelligence could help reduce some of the most contentious culture war divisions ...World - The Guardian - October 17 -
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 - Yesterday -
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 - Yesterday -
Character AI clamps down following teen user suicide, but users are revolting
As a result of these changes, Character AI appears to be deleting certain user-made custom chatbot characters abruptly.Tech - VentureBeat - October 23 -
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 - 2 days ago -
Anthropic says latest AI model can control users’ computers
Start-up backed by Google and Amazon says tool can act like a ‘human collaborator’Business - Financial Times - October 22 -
Meta AI to Use Reuters Content to Answer User Questions in Real Time
Meta AI didn’t share whether it would use Reuters content to train its large-language model.Business - Inc. - 3 days ago -
Online tool helps families calculate the high cost of caregiving
Family caregivers provide billions of dollars of unpaid care for loved ones each year. CBS News consumer correspondent Ash-har Quraishi looks at an exclusive tool that helps calculate the value of ...Top stories - CBS News - October 14 -
The AI edge in cybersecurity: Predictive tools aim to slash response times
AI's ability to sift through massive amounts of data, identify patterns and constantly learn makes it invaluable in cybersecurity.Tech - VentureBeat - October 20 -
AI-powered productivity tools that can make life harder
Technology used to summarise notes or generate transcripts does not always work for deaf employeesBusiness - Financial Times - October 22