The company is ready for more AI and advertising, says CEO

2024-03-21 11:02 AM by Eugen Boglaru

New investors shouldn’t call Reddit (RDDT) an AI play even after a lucrative deal with tech beast Google (GOOG, GOOGL). Or so says co-founder and CEO Steve Huffman. “I think they should look at Reddit as a community platform that has many paths to success,” Huffman told Yahoo Finance Live on Thursday, as his 19-year …

Here’s why Reddit communities are embarking on a ‘dark’ protest.

2023-06-12 03:19 PM by Alex Smith

Thousands of communities on Reddit are organizing a massive protest against the monetization of access to its data. About 3,000 subreddits are taking part in the protest against Reddit’s controversial API pricing by going “private” on Monday, making their posts inaccessible to those outside the community. Communities with over 30 million subscribers, including r/todayilearned, r/funny, …