Shares of Reddit rose 14% on Friday, following a partnership with artificial intelligence firm OpenAI that is expected to draw in more users for the social media platform.
Read More Reddit stock jumps after OpenAI partnershipTag: advertising revenue
Warner Bros. Discovery Reveals $966M Loss, Impaired By Decreased Ad Sales And Hollywood Strikes
Warner Bros. Discovery posted a steep quarterly loss that was higher than anticipated.
Read More Warner Bros. Discovery Reveals $966M Loss, Impaired By Decreased Ad Sales And Hollywood StrikesPinterest slides as smaller players battle for share of ad market
PinterestĀ dropped over 10% in a sign that smaller social media platforms could be losing the battle to bigger players for ad dollars.
Read More Pinterest slides as smaller players battle for share of ad marketMore than 10 million people have signed up for X in December, CEO says
More than 10 million people have signed up for X in December, X CEO Linda Yaccarino said in a post on the social media platform.
Read More More than 10 million people have signed up for X in December, CEO says