Reddit's Explosive User

Reddit's explosive user growth and AI tools help it soar to its first-ever profit

For the first time in its nearly 20-year history, Reddit is turning a profit

Tech - ABC News - 1 hour ago

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. - 3 hours ago

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 shares close up 42% on profitability, rosy guidance

Reddit shares popped Wednesday, one day after the company reported rosy third-quarter results.

Business - CNBC - 1 hour ago

Reddit has sold most of its cryptocurrency portfolio

Reddit’s proceeds from the crypto sale were $6.9 million during the quarter, according to a filing.

Business - MarketWatch - 1 hour 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 - 4 minutes ago

Boy, 7, dies and six injured in house explosion

Emergency crews remain at the scene in Newcastle, with people being warned to avoid the area.

Israeli strikes on Iran kill four soldiers, Iran says

The IDF says it struck military sites in "precise and targeted" strikes early on Saturday.

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

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 off

Business - Financial Times - 21 hours ago

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

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 - 6 hours ago

OpenAI Chatbot Passes Bias Tests, But Users Should Still be Watchful

The data that shapes how an AI responds can contain unseen biases, so the AI market leader has been checking ChatGPT, and says it may be more neutral that humans.

Business - Inc. - October 18

Here's How Many Hours Netflix Users Spend On The Platform Every Day

People watch a lot of Netflix, but just how much do they watch? As part of Netflix's latest earnings briefing , the company revealed the number of hours the average paid subscriber watches: ...

Tech - GameSpot - October 18

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

OnlyFans user sentenced to five years in child abuse case

A man accused of selling sex videos of a 16-year-old Florida girl on the adults-only website OnlyFans pleaded no contest to child abuse.

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. - 2 days ago

X Algorithm Feeds Users Political Content---Whether They Want It or Not

A WSJ experiment found that accounts supporting Trump and Harris dominate feeds of new X users who wanted cooking and crafts.

Tech - The Wall Street Journal - Yesterday

Drones, threats and explosions: Why Korean tensions are rising

The North has warned the South of "horrible consequences" if another drone crosses the border.

Second body found after explosion which also killed seven-year-old boy

A body, believed to be a man in his 30s, is found after the blast which killed a seven-year-old boy.

Boy who died in house explosion named

Archie York's aunt says her nephew was "a loving boy, with a cheeky little grin on his face".

Man who died in house explosion named

The man killed alongside a seven-year-old boy in the blast in Benwell is identified as Jason Laws.

One dead after 'explosion' and fire at house

An emergency assistance centre is set up for people told to leave their homes after a house fire in Bedford.

Woman in critical condition after house explosion

Emergency services remain at the scene of the incident in which a man died on Saturday.

JD Vance Adviser Posted on Reddit for Years About Use of Cocaine, ‘Gas Station Heroin,’ Other Drugs

Aaron Kofsky, JD Vance’s financial policy adviser, called Vance “a Trump boot licker” and instructed users on how to transport drugs through TSA in the posts. “Coke then opiates is always my ...

Tech - Wired - October 16

Why It Matters That JD Vance's Financial Adviser Posted About Drug Use on Reddit for Years

Aaron Kofsky isn’t just a random staffer; he is JD Vance’s financial policy adviser during an election cycle that cares about crypto.

Tech - Wired - October 17

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 - 21 hours ago

Sam Altman’s Reddit stake now worth over $1 billion after post-earnings pop

OpenAI CEO Sam Altman's stake in Reddit has ballooned to more than $1 billion in value, as of after-hours trading on Tuesday.

Business - CNBC - Yesterday

‘Rocketship’ Reddit’s third-quarter results a real ‘Jekyll and Hyde’ story, says Bernstein

Reddit Inc.’s better-than-expected third-quarter results highlight the social-media platform’s strong growth potential, analysts say.

Business - MarketWatch - 7 hours ago

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.

Just Over the Border from Israel, a Hezbollah Cache of Explosives and Mines

Israel’s military showed journalists parts of what it said was Hezbollah’s deeply entrenched military infrastructure across the border in southern Lebanon.

World - The New York Times - October 13

Fuel tanker truck explosion kills more than 140 people in Nigeria

Dozens of people in northern Nigeria were killed in a massive explosion as they tried to scoop up fuel from a crashed tanker truck.

Fuel Tanker Explosion Leaves at Least 150 Dead in Nigeria

Residents of a nearby town went to scoop up gasoline that had spilled from an overturned tanker, but then it exploded, setting off an inferno. Several similar disasters have taken place in recent ...

World - The New York Times - October 17

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