Ondore@lemmy.world to Reddit@lemmy.world · edit-228 days agoReddit expects first-quarter revenue between $595 million and $605 millionwww.reuters.comexternal-linkmessage-square2fedilinkarrow-up117arrow-down11
arrow-up116arrow-down1external-linkReddit expects first-quarter revenue between $595 million and $605 millionwww.reuters.comOndore@lemmy.world to Reddit@lemmy.world · edit-228 days agomessage-square2fedilink
minus-squareClbull@lemmy.worldlinkfedilinkarrow-up1·18 days agoTheir revenues seem absurdly high, given how little online advertising actually pays. I think a lot of it is probably them selling data to AI companies. Hopefully the AI bubble bursting takes Reddit down with it.
Their revenues seem absurdly high, given how little online advertising actually pays. I think a lot of it is probably them selling data to AI companies. Hopefully the AI bubble bursting takes Reddit down with it.