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A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

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Reddit is profitable for the first time ever, with nearly 100 million daily users (www.theverge.com)

submitted 1 day ago by [email protected] to c/[email protected]

73 comments fedilink hide all child comments

Reddit’s advertising revenue grew to $315.1 million, while “other” revenue reached $33.2 million on account of “data licensing agreements signed earlier this year.” Both Google and OpenAI have cut deals with Reddit to train their AI models on its posts.

In a letter to shareholders, Reddit CEO Steve Huffman attributed the recent increase in users to the platform’s AI-powered translation feature. Reddit started letting users translate posts into French last year before expanding to Spanish, Portuguese, Italian, and German. Now, Huffman says Reddit plans to expand translation to over 30 countries through 2025.

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[–] [email protected] 25 points 1 day ago (1 children)

I really wanted that site to crash and burn. Oh well.

[–] [email protected] 5 points 1 day ago (1 children)

Who the fuck is Alice? (if you do not get this reference, Gompie is what you're looking for.)

[–] [email protected] 2 points 12 hours ago* (last edited 12 hours ago)

i get the reference but how does the song relate to this

edit: im blind