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posted in Technology

themachinestops@themachinestops@lemmy.dbzer0.com
⁨15⁩d

Reddit stock tumbles the most on record as lack of new AI deals, US daily users metric disappoints

finance.yahoo.com/markets/article/reddit-stock-tumbles-the-most-on-record-as-lack-of-new-ai-deals-us-daily-users-metric-disappoints-153413759.html
Yahoo FinanceReddit stock tumbles the most on record as lack of new AI deals, US daily users metric disappointsReddit shares plunged the most on record on Friday after US daily users, lack of new AI deal announcements dissapointed investors.
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Ep1cFac3pa1m@Ep1cFac3pa1m@lemmy.world
⁨15⁩d

Replying to @⁨themachinestops@lemmy.dbzer0.com⁩

lol, ROFL even

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bandanawearingbanana@bandanawearingbanana@lemmy.world
⁨14⁩d

Replying to @⁨Ep1cFac3pa1m@lemmy.world⁩

Why the hell is Reddit publicly traded? Like what is the product even?

⁨Jul⁩ ⁨31⁩, ⁨2026⁩, ⁨22:43⁩en
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Ep1cFac3pa1m@Ep1cFac3pa1m@lemmy.world
⁨14⁩d

Replying to @⁨bandanawearingbanana@lemmy.world⁩

Well the product was the users, but since it’s mostly bot traffic now I’m not really sure ¯\_(ツ)_/¯

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isleepinahammock@isleepinahammock@lemmy.blahaj.zone
⁨14⁩d

Replying to @⁨bandanawearingbanana@lemmy.world⁩

The same could be said for newspapers.

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EnchiladaRaisins@EnchiladaRaisins@lemmy.zip
⁨14⁩d

Replying to @⁨bandanawearingbanana@lemmy.world⁩

Everybody now! “If the service is free to you, then you are the product!”

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Tollana1234567@Tollana1234567@lemmy.today
⁨14⁩d

Replying to @⁨bandanawearingbanana@lemmy.world⁩

they went public 1-2 years ago, spez wanted to be “richer” so he sold off some shares,which made him richer.

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