Ondore@lemmy.worldBanned to Reddit@lemmy.world · 2 months agoReddit expects first-quarter revenue between $595 million and $605 millionwww.reuters.comexternal-linkmessage-square2linkfedilinkarrow-up10arrow-down10
arrow-up10arrow-down1external-linkReddit expects first-quarter revenue between $595 million and $605 millionwww.reuters.comOndore@lemmy.worldBanned to Reddit@lemmy.world · 2 months agomessage-square2linkfedilink
minus-squareClbull@lemmy.worldlinkfedilinkarrow-up0·1 month 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.