A key notion of the social web — that user-generated content is free to access, but not necessarily free to take — may be going head-to-head with a mammoth legal test. Earlier this week, Reddit filed ...

Reddit Inc. has launched lawsuits against startup Perplexity AI Inc. and three data-scraping service providers for trawling the company’s copyrighted content to be used to train AI models. Reddit ...

Social media giant Reddit is suing Perplexity AI and three other firms over alleged “industrial-scale” scraping of posts from its website. Perplexity – a San Francisco-based startup with its own ...

Reddit has sued Perplexity and data scrapers, accusing them of illegally stealing its data. In the lawsuit, Reddit detailed a trap that it says Perplexity fell straight into. It was the digital ...

On Thursday, Reddit is rolling out a new policy aimed at balancing its desire to license its content to larger tech companies, like Google, and protecting users’ privacy. The newly announced “Public ...

In a lawsuit, Reddit pulled back the curtain on an ecosystem of start-ups that scrape Google’s search results and resell the information to data-hungry A.I. companies. By Mike Isaac Reporting from San ...

Reddit’s prospects as it barrels toward a stock market listing have a lot more to do with relationships with AI vendors such as OpenAI than one might expect. In its IPO prospectus filed today with the ...

In its lawsuit, Reddit said Anthropic had also declined to enter into a licensing agreement for data and had unjustly enriched itself at Reddit’s expense. By Mike Isaac Reporting from San Francisco ...

Earlier this week, Reddit benefited from improving inflation data that increased expectations for future US Federal Reserve interest rate cuts, supporting investor appetite for growth-oriented ...

Reddit's Q3 showed strong growth (revenue +68% Y/Y, DAUq +47%), turning profitable with $29.9M net income. AI data licensing contributed $33.2M, marking a new revenue stream. While the AI training ...