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Reddit stock jumps after OpenAI partnership
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.
adjusted EBITDA
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.
ad dollars
Pinterest slides as smaller players battle for share of ad market
Pinterest dropped over 10% in a sign that smaller social media platforms could be losing the battle to bigger players for ad dollars.
advertising revenue
More 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.