posted in Technology

themachinestops@themachinestops@lemmy.dbzer0.com

Reddit stock tumbles the most on record as lack of new AI deals, US daily users metric disappoints

finance.yahoo.com/markets/article/reddit-stock-tumbles-the-most-on-record-as-lack-of-new-ai-deals-us-daily-users-metric-disappoints-153413759.html
Yahoo FinanceReddit stock tumbles the most on record as lack of new AI deals, US daily users metric disappointsReddit shares plunged the most on record on Friday after US daily users, lack of new AI deal announcements dissapointed investors.
😂2🥰2
ccunning@ccunning@lemmy.world

Replying to @⁨themachinestops@lemmy.dbzer0.com⁩

CEO Steve Huffman said, “These deals aren’t binary. They have to make sense for Reddit, but there are many ways, I think, for the value to return to Reddit.”

lol - “The value has left Reddit”
-/u/spez

Who could imagine when you piss off:

  1. third party devs who make the apps your best contributers use
  2. your unpaid content creators
  3. your unpaid moderators

…that the “value” would leave 🤣

comador @comador@lemmy.world

Replying to @⁨mesamunefire@piefed.social⁩

lemmy.world/post/2508453

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