Shares in the social media platform Reddit rose 35% yesterday after it reported the first profit in its 20-year history as it reaped the benefits of a move to license the content of its online communities to artificial intelligence firms as training data.
The results covering the July to September quarter showed a better-than-forecast $29.9m (£23m) profit, while revenue reached $348.4m - up 68% compared with the same period a year earlier.
Denne historien er fra October 31, 2024-utgaven av The Guardian.
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Denne historien er fra October 31, 2024-utgaven av The Guardian.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Violence on social media feeds leaves teenagers too scared to go out, study finds
Hundreds of thousands of teenagers are afraid to go out because of the violence they see on their social media feeds, a major study of children in England and Wales has found.
Five dead and thousands left without power after Britain hit by flooding and storms
Heavy rain and thawing snow caused flooding across Britain this weekend as Storm Bert battered the country, with five deaths reported.
London auctioneers accused of selling looted antiquities
The auction house Bonhams is facing calls to withdraw a Roman antiquity from a London sale as it faces claims that it was looted from Turkey.
Young people who refuse to work will lose benefits, Kendall warns
Young people who refuse to take up jobs or training will lose their benefits in the government's crackdown on worklessness, the work and pensions secretary, Liz Kendall, has said.
Relatives' battles 'Too often you feel like someone to be handled'
Gurpreet Singh Johal is sitting in a London hotel lobby the night before he is due to meet David Lammy.
Government announces plans to stop drink spiking
Thousands of bar staff will be trained to spot and stop drink spiking under government plans in England and Wales as prime minister Keir Starmer steps up efforts to tackle violence against women and girls.
Laverne given the all-clear after cancer treatment
Lauren Laverne, the presenter of Desert Island Discs, has said she has been given the \"all clear\" after undergoing treatment for cancer.
NHS bosses face lifetime ban for silencing whistleblowers
NHS managers who silence whistleblowers or endanger patients through misconduct face being sacked and barred from working in the health service for life under radical government plans to regulate thousands of bosses for the first time.
The $300bn climate finance pact is likely to be followed by equally bitter battles
Money will be 'mobilised' rather than provided - a nice distinction that allows for the inclusion of private co-investing
Popularity has its price as cities and beauty spots get ready to bring in 'tourist taxes'
Millions of tourists coming to the UK will soon be asked to pay local visitor taxes as cash-strapped councils seek extra money for services.
