Tag: Reddit
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EU puts ChatGPT, Reddit and Roblox under stricter rules
ChatGPT, Reddit and Roblox now have over 45 million average monthly users in Europe, making them subject to the Digital Services Act.
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ChatGPT, Reddit, Roblox to adhere to EU’s “very large platform” rules
BRUSSELS, Aug 31 : The European Commission on Monday said ChatGPT, Reddit and Roblox will need to adhere to the EU regulations for very large online platforms and search engines.• The services have declared that they reach at least 45 million monthly users in the EU.• This qualifies them for the “v
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Reddit surges on S&P 500 inclusion, set to replace AvalonBay
Aug 14 : Reddit shares jumped more than 11 per cent on Friday after the S&P Dow Jones Indices said the social media platform would join the benchmark S&P 500 index, replacing AvalonBay Communities.Analysts at J.P. Morgan estimate index funds tracking the S&P 500 would need to buy 16.7 million Reddit shares.
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Reddit flags volatile search referrals as US user growth slows
July 30 : Reddit said on Thursday that choppy search-engine traffic affected U.S. user growth in the second quarter, overshadowing an upbeat revenue forecast and sending its shares down around 13 per cent in extended trading.The social media company operates in a highly competitive market. Bigger rival Meta t
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Reddit expects revenue above estimates as AI tools attract advertisers
July 30 : Reddit forecast third-quarter revenue above Wall Street estimates on Thursday, signaling its strategy to draw marketers by offering AI-powered advertising tools is paying off.Shares of the company fell 6 per cent in volatile extended trading after the company reported slowing growth in both second-q
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VR Man in 2026? One fan reimagined Singapore’s TV superhero in an AI-generated video
A VR Man fan created an AI-generated tribute imagining what Singapore’s first TV superhero might look in 2026, complete with upgraded armour, bigger action and plenty of nostalgia.
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