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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 month ago by [email protected] to c/[email protected]

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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] 23 points 1 month ago (1 children)

I know this might sound a little condescending, but why are you torturing yourself by not using an adblocker?

[–] [email protected] 11 points 1 month ago (2 children)

I was using the mobile app.

[–] [email protected] 35 points 1 month ago

That app is a special kind of inhuman torture.

[–] [email protected] 7 points 1 month ago

Android Firefox has access to adblockers though??