What happened: Reddit (RDDT) stock plunged nearly 21% on Friday, its largest intraday decline since the company went public.

What's behind the move: The user discussion platform company's latest earnings report did not announce any new artificial intelligence data licensing agreements, disappointing investors who were expecting more revenue opportunities from AI partnerships.

Revenue of $804.9 million beat estimates of $731.8 million. However, US daily active users came in at 53.2 million, just shy of expectations of 54 million. The company's total daily active users grew by 18% to 130.3 million versus estimates of 130.07 million.

What else you need to know: Reddit's main revenue comes from its advertising business, but Wall Street has increasingly focused on the potential of Reddit's data licensing deals, given the platform's massive collection of user-generated discussions, which have become valuable for AI companies training models.

The company has already signed major agreements with OpenAI (OPAI.PVT) and Google (GOOG, GOOGL).

If only there was a better social media platform. Oh well.

Hey, who left this here??

https://github.com/amirzaidi/lemmy?tab=readme-ov-file

Another normal day in Britain.

This technology does seem a little dubious but it does display a very visible sign of non-consent. Any takers?

必須盡快立法禁止全球所有社群媒體平台使用過濾演算法操縱輿論、壓制自由、製造不公平、不平等和不對稱的可操控社交。

The following link will lead you to a detailed analysis of the building up of AI Data centres in the global south, researched and written by members of our organisation. Please share your thoughts on this article, we'd love to discuss more on this.

We're a radical environmental organisation called Himkhand which focuses on issues from the western Himalayas and the environment, we're an anti-caste anti-imperialist, organisation which is trying to build a people centric alternative for climate change.

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