Bloomberg - Are you a robot?
www.bloomberg.com

Summary

Reddit shares have dropped 50% from their February peak, when the stock had soared over 500% from its $34 IPO price last March.

Much of the early enthusiasm came from AI-related deals allowing Reddit’s content to be used for training models, but recent doubts about long-term growth in the AI sector have dimmed that optimism.

Analysts remain skeptical and some call the stock “super overvalued,” noting Reddit still is not making any money.

Market uncertainty and early investor sell-offs continue to weigh on Reddit and the broader tech sector.

Non-paywall link

      • imvii@lemmy.caEnglish
        22·
        3か月前

        Same. 11 year old account got banned for saying something. I’m not even entirely sure what it was. They deleted it and gave me the finger.

        Fine with me.

          • antisocialite@lemmy.todayEnglish
            19·
            3か月前

            They’ll sweep ban entire comment sections of a submission they don’t approve of and they’re using AI to do it, so there are lots of false positives and dubious reasoning. They’ll send you a message lecturing you on your behavior but delete your comment so you’re left with only a vague idea of what they’re referring to.

      • WoodScientist@sh.itjust.worksEnglish
        61·
        3か月前

        I want to see the comedy-of-errors timeline where Luigi beats the rap based on a technicality or jury nullification…He finally gets out of jail…Then he immediately does it again.

    • lythium@lemm.eeEnglish
      13·
      3か月前

      Thanks! I came from Reddit too. Looking for a safer place to stay in touch with the community. Are we allowed to say the name of Mario’s brother here?

      • exixx@lemmy.world
        171·
        3か月前

        You can not only say Luigi, but you can also say that you wished it had started a trend.

      • cynar@lemmy.worldEnglish
        8·
        3か月前

        The basic rule is that you can say what you want (and people can call you what they want for it!).

        It would be polite to self moderate to an extent. No point getting the instance owners in to legal hot water. That’s a massively higher bar than Reddit has set however. Chatting about and admiring Luigi is completely fine.