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by flashman
6 days ago
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> The "product" is now selling data to LLM companies Incorrect; 94% of Reddit's 2025 revenue came from advertising, it's right here on page 81 https://d18rn0p25nwr6d.cloudfront.net/CIK-0001713445/42e4fe7... This is why Reddit is supposedly ending its licensing agreement with Google: when the latter shows AI snippets in its search results, Reddit misses out on advertising revenue, and Reddit has judged the Google juice to not be worth the squeeze. |
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