In a bid to expand its international footprint and foster innovation, Reddit is rolling out groundbreaking initiatives. From AI translation into French to engaging developers with new tools and reintroducing Reddit Gold, the platform is poised to revolutionize the social media landscape
Despite being unprofitable since its inception, Reddit managed to capture investors’ interest by promoting its potential in training AI programs.
While the targeted valuation of up to $6.4 billion is significant, it falls short of the $10 billion Reddit secured in a 2021 fundraising round.
Reddit reported a net loss of $90.8 million for the fiscal year 2023, but showcased a 21% revenue growth.
Social media giant Reddit has reportedly inked a lucrative deal with tech giant Google, paving the way for its content to train the search engine
Known for its unique community-driven content and niche discussion groups, Reddit as last valued at approximately $10 billion in a 2021 funding round.
Reddit will also reduce its hiring for the remaining year to about 100 people from 300 earlier. American social media platform Reddit is laying
Reddit has announced that it will start charging companies that crawl its data and don’t provide value to users, as the platform seeks to monetize its user-generated content ahead of a potential initial public offering (IPO)
Reddit’s latest transparency report reveals that the platform is taking a stronger stance against harmful content, resulting in a significant increase in user bans, particularly for offenses like child abuse, revenge porn, and non-consensual intimate images (NCII)
Spotify is locking lyrics behind a paywall, nudging free users to subscribe. Company’s quiet confirmation hints at permanent change.
In a bid to expand its international footprint and foster innovation, Reddit is rolling out groundbreaking initiatives. From AI translation into French to engaging developers with new tools and reintroducing Reddit Gold, the platform is poised to revolutionize the social media landscape
Despite being unprofitable since its inception, Reddit managed to capture investors’ interest by promoting its potential in training AI programs.
While the targeted valuation of up to $6.4 billion is significant, it falls short of the $10 billion Reddit secured in a 2021 fundraising round.
Reddit reported a net loss of $90.8 million for the fiscal year 2023, but showcased a 21% revenue growth.
Social media giant Reddit has reportedly inked a lucrative deal with tech giant Google, paving the way for its content to train the search
Known for its unique community-driven content and niche discussion groups, Reddit as last valued at approximately $10 billion in a 2021 funding round.
Reddit will also reduce its hiring for the remaining year to about 100 people from 300 earlier. American social media platform Reddit is
Reddit has announced that it will start charging companies that crawl its data and don’t provide value to users, as the platform seeks to monetize its user-generated content ahead of a potential initial public offering (IPO)
Reddit’s latest transparency report reveals that the platform is taking a stronger stance against harmful content, resulting in a significant increase in user bans, particularly for offenses like child abuse, revenge porn, and non-consensual intimate images (NCII)
Spotify is locking lyrics behind a paywall, nudging free users to subscribe. Company’s quiet confirmation hints at permanent change.
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@2022 Unboxed Magazine. All rights reserved. Use of this site constitutes acceptance of our user agreement and privacy policy and cookie statement and your California privacy rights.
