Reddit revenue soars as it bets on AI and advertising

Reddit revenue soars as it bets on AI and advertising

Reddit reported its second-quarter earnings on Thursday, and it’s clear that the company’s focus on AI has ramped up considerably. One significant area of investment is growing its advertising business, supported by its AI-powered marketing tools. The results revealed that the majority of Reddit’s revenue continues to come from ads, which brought in $465 million,…

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TikTok adds new parental controls, tools for creators

TikTok adds new parental controls, tools for creators

TikTok announced on Wednesday that it’s releasing a slew of new features, including enhanced parental controls, additional tools for creators, and a new interactive wellbeing feature. It also publicly launched Footnotes, its fact-checking system. The social network is bringing new parental controls to Family Pairing, its feature that allows parents to link their accounts with…

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