Associated Press18d
Reddit’s explosive user growth and AI tools help it soar to its first profit as a public company
Copyright 2024 The Associated Press. All Rights Reserved. FILE - Reddit CEO Steve Huffman and company employees celebrate on the New York Stock Exchange trading floor ...
Ars Technica19d
Amid controversial changes, Reddit is getting more popular—and profitable
In May 2023, Reddit announced that its API would no longer be free, signaling the demise of most third-party Reddit apps and the start of a new Reddit era. Reddit was always interested in making ...
The Verge20d
Reddit is profitable for the first time ever, with nearly 100 million daily users
Reddit just turned a profit for the first time. As part of its third quarter earnings results released on Tuesday, the company reported a profit of $29.9 million, along with $348.4 million in ...
Bloomberg L.P.20d
Reddit Soars More Than 40% to Record After Strong Forecast
Reddit Inc. shares surged more than 40% on Wednesday after the company’s results and forecast beat analysts’ expectations, marking its biggest intraday rally since the day after its initial ...