Meanwhile: #Reddit #SocialMedia
Reddit told regulators it expects the price of its shares to range from $31 to $34. Shares will be traded on the New York Stock Exchange
Reddit also announced it would share data from its user base with Google, which planned to use it for AI training and making improvements to its search results
Reddit’s Sale of User Data for AI Training Draws FTC Inquiry
The platform says it stands to make more than $200 million in coming years from Google and other companies that want user comments to feed AI projects. Regulators have questions.
https://www.wired.com/story/reddits-sale-user-data-ai-training-draws-ftc-investigation