ooli@lemmy.world to Reddit@lemmy.world · 24 days agoReddit is profitable for the first time ever, with nearly 100 million daily userswww.theverge.comexternal-linkmessage-square3fedilinkarrow-up118arrow-down118cross-posted to: technology@beehaw.orgtechnology@lemmy.worldreddit@lemmy.world
arrow-up10arrow-down1external-linkReddit is profitable for the first time ever, with nearly 100 million daily userswww.theverge.comooli@lemmy.world to Reddit@lemmy.world · 24 days agomessage-square3fedilinkcross-posted to: technology@beehaw.orgtechnology@lemmy.worldreddit@lemmy.world
minus-squaresnooggums@lemmy.worldlinkfedilinkEnglisharrow-up30·24 days ago29.9 milliom in profit. 33.something million from data licensing agreements. Their profit is entirely from selling user data and what are the odds that it is a one time source of income now that new data is increasingly polluted by bot spam?
29.9 milliom in profit. 33.something million from data licensing agreements.
Their profit is entirely from selling user data and what are the odds that it is a one time source of income now that new data is increasingly polluted by bot spam?