"filed a new lawsuit in the U.S. District Court, which seeks to block four different companies from scraping Reddit data via Google search results, as opposed to using (and paying for) the Reddit API. "Three of those companies - SerpApi; a Lithuanian start-up, Oxylabs; and a Russian company, AWMProxy - sold data to AI companies like OpenAI and Meta, according to the lawsuit. The fourth company, Perplexity, is a San Francisco start-up that makes an AI search engine.""
"Reddit posted a 24% year-over-year increase in its "Other" revenue category in Q2, largely based on its data deals with AI projects, with the company generating $35 million for the quarter from this element."
Reddit filed a new lawsuit in the U.S. District Court seeking to block four companies from scraping Reddit content via Google search results instead of using the paid Reddit API. Three companies identified are SerpApi, Lithuanian start-up Oxylabs, and Russian company AWMProxy; those entities sold scraped Reddit data to AI firms including OpenAI and Meta. The fourth company is Perplexity, a San Francisco start-up operating an AI search engine. Reddit reported a 24% year-over-year increase in its "Other" revenue category in Q2, which generated $35 million and was largely driven by data deals with AI projects.
Read at Social Media Today
Unable to calculate read time
Collection
[
|
...
]