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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

Saudi sovereign wealth fund announces $2 billion deal for new Brookfield Middle East platform

At least 50% of the capital will be allocated to investments in the kingdom and to expanding international companies' presence in the local market.

Business - CNBC - October 30

Australia to ban under-16s from social media – but can’t say how TikTok, Instagram and others will enforce it

Meta says it will comply if required, but the technology is not ready to enforce proposed age limit across up to 40 apps. Follow our Australia news live blog for latest updates Get our ...

World - The Guardian - November 7

'It's gross, it's unprofessional': Some LinkedIn users are being put off the platform by unsolicited flirtatious DMs

A LinkedIn spokesperson told CNBC Make It that the platform — which was launched in 2003 and now has over 1 billion members globally — defines itself as a "professional community."

Business - CNBC - November 8

Magic Story launches AI-based media platform for children to create their own adventures

Magic Story, an AI-powered media platform for kids to create adventures, has launched its customized books and subscription platform.

Tech - VentureBeat - 4 days ago

Infowars auction could determine whether Alex Jones is kicked off its platforms

It's auction time for Alex Jones' Infowars

Tech - ABC News - 3 days ago

This startup’s AI platform could replace 90% of your accounting tasks—here’s how

Puzzle, a fintech startup, launches an AI-powered accounting platform that automates 90% of routine tasks, aiming to support accountants and streamline business finances.

Tech - VentureBeat - 2 days ago

The exodus from X to Bluesky has happened – the era of mass social media platforms is over | Gaby Hinsliff

There’s comfort in being surrounded by like-minded people, but challenge is important, and we may have to look for it elsewhere. . Hell is other people. Or, more specifically, other people on ...

World - The Guardian - 2 days ago

Activist ValueAct is poised to trim fat and help boost profits at Meta Platforms. Here’s how

Artificial intelligence is a powerful tool in Meta Platforms' arsenal, and if it's optimized, it can contribute to earnings per share growth.

Business - CNBC - 23 hours ago

Is this (finally) the end for X? Delicate Musk-Trump relationship and growing rivals spell trouble for platform

The former Twitter could fade away, or help shape a dark future hosting voices of a new authoritarian world. Was that the week that marked the death of X? The platform formerly regarded as a ...

World - The Guardian - 4 hours ago

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