Forum, launched as a test app on Apple's iOS, is part of Facebook Groups. Analysts at Truist wrote in a note on Friday that it's "an attempt by the company to compete against Reddit as an online forum for public discourse" and "represents a new threat." Reddit's stock is now down almost 40% this year despite a strengthening online ad business.
According to the recipe outlined, it comprises vanilla pudding powder mixed with milk, with chopped bananas and Nilla wafers incorporated into the mix. The user noted that for the crumble, City Barbecue crushes then bakes the wafers with a mixture of butter, cinnamon, and brown sugar.
Ohanian's comments come at a time when AI is increasingly influencing various industries. Earlier this month, Reddit partnered with Nectar Social, granting them access to Reddit's Data API for real-time consumer insights.
"I didn't even know I had high blood pressure," one Redditor wrote in a thread. Compared to a healthy blood pressure reading that maxes out at 120/80 mm Hg, this poster came in at 218/124, which is well above the threshold for a medical emergency.
UnitedHealth Group ( NYSE:UNH) shares rose 7.3% over the past week as retail investor sentiment on Reddit and X shifted from deeply bearish to neutral. Trading around $355, the stock has stabilized after falling significantly from its 52-week high following the December 2024 shooting of UnitedHealthcare CEO Brian Thompson. Current sentiment scores sit at 42 out of 100, up from extreme negativity just months ago.
Ohanian stepped down from Reddit's board of directors in June 2020 following the killing of George Floyd by police in Minneapolis. At the time, he wrote on Reddit that it was a "long overdue" move to "do the right thing." He urged the Reddit board to fill his seat with a black candidate, after the company had been criticized for providing a platform for racist and hate speech.
Ryan Schuster, the director of paid search and social at media agency Exverus by Brainlabs, exemplifies this strategy. While working with clients such as Premier Protein, Theralogix supplements, and New Belgium Brewing, Schuster says he typically puts 60 percent of their paid social budget toward Meta and 30 percent toward TikTok. Then, he either spends the remaining 10 percent on Reddit "or some sort of other test-and-learn" channel.
Sweeping surveillance, now found in doorbells, cars and a vast network of vehicle-tracking cameras, did eventually help track down the whereabouts of Claudio Neves Valente, the 48-year-old former Brown graduate student investigators believe was responsible for the Dec. 13 shooting and another killing two days later of an MIT professor in Brookline, Massachusetts.
