FoxtrotDeltaTango@sh.itjust.works to Technology@lemmy.worldEnglish · 5 days agoReddit stock collapses 23% as AI eats away at user growthfinance.yahoo.comexternal-linkmessage-square50fedilinkarrow-up1440arrow-down14file-textcross-posted to: news@lemmy.world
arrow-up1436arrow-down1external-linkReddit stock collapses 23% as AI eats away at user growthfinance.yahoo.comFoxtrotDeltaTango@sh.itjust.works to Technology@lemmy.worldEnglish · 5 days agomessage-square50fedilinkfile-textcross-posted to: news@lemmy.world
minus-squareEmilieEasie@fedinsfw.applinkfedilinkEnglisharrow-up10·edit-25 days agoThe article specifically says slow growth of logged in US users is the reason that the stock fell, not because of lack of opportunities to monetize content. Revenue is up year over year. They just give a different reason for users turning away.
The article specifically says slow growth of logged in US users is the reason that the stock fell, not because of lack of opportunities to monetize content. Revenue is up year over year. They just give a different reason for users turning away.