According to a police document seen by BBC News, the man - who is not named in the document - shared 347 clips of nude scenes on the Reddit group he moderated, which were then viewed 4.2 million times. The Danish police say he has been given a seven month suspended sentence for copyright infringement. Experts say the man was prosecuted under a rarely-used clause in Danish copyright law.
"Sam had just helped us raise a round of funding," Ohanian said on the podcast, recounting details of Reddit's $50 million Series B investment round it announced in 2014. In 2015, Altman cofounded OpenAI as a nonprofit. Between 2015 and 2016, Ohanian said, Altman had begun asking "to basically aggressively scrape Reddit." A debate ensued between Ohanian and Reddit cofounder Steve Huffman (who still serves as the now-public company's CEO). "Sam is a very smart guy, incredibly cunning," Ohanian said.
And now, Reddit's redesigned its audience setup process, in order to make campaign creation "more intuitive and streamlined." As part of this update, automated targeting can now be used with custom audiences. This changes the logic between custom audiences and other audience suggestions from an AND to an OR relationship. Similarly, demographic settings such as gender will also follow an OR relationship when automated targeting is used.
A Toronto children's hospital was flooded this week with a surprise surge of thousands of dollars in donations. The unlikely source? Dodgers fans. The Dodgers the Toronto Blue Jays in a monumental World Series win last week, giving the Boys in Blue back-to-back titles. After such an upset, a rivalry between the cities seems natural. But Dodgers fans are making a widespread effort to prove just the opposite.
Unlike previous years, they're not impulse buying - 79% of Americans plan to research more before purchasing, comparing products, reading reviews, and seeking genuine recommendations from real people. In the days leading up to Prime Day, Reddit communities were buzzing with shopping strategies, deal comparisons, and wish lists. During the event itself, views of Prime Day conversations exploded - skyrocketing more than 150x and peaking on day two as Redditors shared their best finds in real time.
Reddit has announced its latest performance update, with the platform that's become a key inlet for AI chatbots adding more users in Q3, while also boosting its overall revenue intake by a massive 68% year-over-year. First off, on users. Reddit added 5.6 million more daily active users over Q2, taking it to "People come here to find trusted perspectives, to participate in communities that share their interests-no matter how niche or mainstream - and increasingly, to engage directly with brands, institutions, and publishers."
Investors are now asking whether the July blowout marks the start of a structural inflection or a one-time surge ahead of the holiday ad cycle. The company's next phase depends on maintaining ad performance gains, scaling its new search experience, and sustaining international adoption. Management has described this period as a "once-in-a-generation opportunity" for Reddit to redefine how human conversations power both advertising and AI ecosystems.
Reddit this week filed suit against Perplexity and three other companies - Oxylabs UAB, AWM Proxy, and Serp Api - for allegedly engaging in so-called AI scraping without authorization. According to the lawsuit, filed in federal court in New York, the four companies collected millions of posts on Reddit with the aim of monetizing them. Scrapers bypass technical protections to steal data that can then be sold to clients who want the material for AI training.
They are natural, organic conversations that are happening between real people about, you know, what's the right pair of running shoes to get, or, what restaurant are you going to, or whatever. It's a really unique place, because the most engaged audiences are already on Reddit talking about your business and your brands. So for comms people, that's a tailor-made opportunity.
As this co-dependence became outwardly obvious, another aspect of their relationship - this one more formal - was being negotiated in private. Google didn't just need Reddit to fill out its search product. It needed Reddit to train its AI models and to provide those models with fresh material to retrieve, summarize, and synthesize once they were deployed in products.
"Member counts don't tell the whole story. In most cases, Redditors don't need to be a member of a community to post or comment, which means member totals have never fully reflected true engagement," Reddit said in its announcement. "By emphasizing active participation over passive membership, we're continuing to highlight what makes Reddit unique: real people engaging in real conversations."
Jim Cramer has been on TV for two decades, and to his fans, he's their high-energy coach who turns financial jargon into valuable information. And he does it in an entertaining fashion, while taking on regular calls from his viewers. No one else does that at his scale. To his critics, he is a living bullhorn who sometimes mistakes volume for conviction and turns stock picking into theater.
Reddit went public in 2024, nearly 20 years after the social media site launched. The company has been slow to monetize its massive user base, but that effort is now kicking into high gear. Reddit generated $465 million in revenue from advertising in the second quarter, up 84% year over year, as it grew its user base and invested in its advertising platform.
Reddit's prominence as a training ground for AI models means it's an important place for brands to contribute to the conversation, as Google's AI models view commentary on Reddit as more reliably authentic and trustworthy.
Investors face challenges when searching for stocks to buy as the market hits new highs. Nvidia has made early investors rich, leading to the emergence of 'Next Nvidia Stocks' that may be even more promising.
While of course, I'm happy for her and her family, and was more than happy to look at the first few photos and congratulate her, I am, quite frankly, over it. It has been weeks of her showing me pictures of her baby doing nothing remarkable, with very little difference in the pictures.