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It's not just you: Reddit is taking over Google
  + stars: | 2024-04-17 | by ( Hugh Langley | ) www.businessinsider.com   time to read: +11 min
In February, Google and Reddit announced a blockbuster deal that would let Google train its AI models on Reddit content. Google said the deal, reportedly worth $60 million, would "facilitate more content-forward displays of Reddit information," leading to some speculation that Google promised Reddit better visibility in exchange for the valuable training data. Per Sistrix data, Reddit is now as visible in top Google Search results as Instagram. Google CEO Sundar Pichai on stage at Google IO 2023 JOSH EDELSON/GETTYGoogle's Reddit deal and its endorsement of Reddit content in Search show how much it sees Reddit as a crucial part of the future of search. AdvertisementYouTube already has heaps of videos offering advice on hijacking Reddit to rise to the top of Google Search.
Persons: , Semrush, Reddit, It's, Steve Paine, Paine, we've, Danny Sullivan, Prabhakar Raghavan, Sundar Pichai, JOSH EDELSON, Aleyda Solis, Orainti, Glen Allsopp, Solis, Lily Ray, Ray, Perplexity, Steve Huffman Greg Doherty, Sistrix's Paine, Natalie Slater Organizations: Service, Google, Business, Sistrix, YouTube, Amazon, LinkedIn, Getty Locations: SEOs, Reddit, TikTok
This is a story about one of modern life’s least consequential but most acutely annoying experiences: getting a sufficient number of capers out of those dollhouse-size jars they’re sold in. Capers are expensive, so producers sell them in smaller jars to make each unit more affordable. Why such narrow jars? Skinny jars just look nicer, Mezzetta says. As one Redditor said: “I’ve never been in a situation where I don’t decide to just use the entire tiny jar for what I’m making.”
Persons: they’re, God, capers, It’s, purveyors, Goya, Russell Zwanka, ” Zwanka, , Rebecca Wright, Jeff Mezzetta, they’re tippy, , Mezzetta, Zwanka, chef’s, ” Duane Stanford, Bull, Brian Noone, Redditor, “ I’ve Organizations: New, New York CNN, Western Michigan University, CNN, Beverage, Redditors Locations: New York, New York City, California, Labrador, Morocco, Tunisia, Greece, Turkey, Adelaide, South Australia, Malta
Reddit power users who participated in the company's IPO made millions of dollars as a group in profits after the stock's big jump in its first day on the market. It's a model that was used by companies like Airbnb , Rivian and Doximity to reward their loyal users and customers. In a reply to LearnedButt, Reddit user friskevision wrote, "Although I didn't invest as much as you, I did make a quick $1,500. Reddit user Reepicheepee made a small investment in the shares. The Reddit user Galactic responded, "High-5, fellow DSP dumper," adding, "Never thought this site would make me money, but here we are!"
Persons: Redditors, Drew Vollero, Axios, , LearnedButt, friskevision, Reddit, blackberrydoughnuts, Reepicheepee, follysurfer, subreddit, Steve Huffman, Huffman, Redditor erjo5055 Organizations: New York Stock Exchange, Inc, CNBC, GameStop, AMC Entertainment, Galactic Locations: It's
It's not just market conditions that have Reddit moderators like Gilbert forgoing the investment opportunity. Reddit has long had a rocky relationship with moderators and the site's most dedicated users, or Redditors. In total, Reddit said underwriters have reserved 1.76 million of the 8 million shares in the IPO for the DSP. Meme stocksOf all companies, Reddit knows something about stock market volatility. However, given the dearth of tech IPOs since the start of 2022, White said Reddit's offering is "probably a little more risky."
Persons: Jonathan Raa, Sarah Gilbert, she's, She's, Airbnb, Doximity, Reddit's, Klaviyo —, It's, Gilbert forgoing, Reddit, Steve Huffman, Gilbert, you've, Alexis Ohanian, Twitch, BuckRowdy, Joshua White, White, FormicaDinette33, subreddits, it's, Wrestlegirl, Maharaj, shouldn't, He's, jeering, Courtnie Swearingen, Victoria Taylor, Swearingen, San, — CNBC's Cameron Costa Organizations: Nurphoto, Getty, New York Stock Exchange, Cornell University's Citizens, Technology, Google, YouTube, Facebook, CNBC, GameStop, AMC Entertainment, Vanderbilt University Locations: New, Chicago, San Francisco
Read previewOn Tuesday, Scott Wu's startup Cognition launched what it claims to be the world's "first AI software engineer," Devin, creating quite the buzz — and a little discomfort — in the tech community. The autonomous AI developer, Cognition claims, is the first of its kind to write code, fix bugs, and train AI models, among other tasks, all on its own. Today we're excited to introduce Devin, the first AI software engineer. Devin is… pic.twitter.com/ladBicxEat — Cognition (@cognition_labs) March 12, 2024Cognition claims that Devin can radically change how software engineers do their jobs. And reactions to the capabilities of Devin — which Cognition claims can resolve 13.86% of coding issues found in open-source projects on GitHub — seem mixed.
Persons: , Scott Wu's, Devin, Wu, Reddit, He's, Wu didn't, Peter Thiel's, Scott, Neal, , Kyle Shevlin, Athagist, Devin —, Aravind Srinivas, Evan You, they'd, I'd, Bro, isn't Organizations: Service, Twitter, Raytheon, Business, Cognition, Harvard University, LinkedIn, Fund, Bloomberg Locations: Singapore
Companies with upcoming IPOs can offer directed share programs to qualifying groups of retail investors to buy IPO stock. Rather than buying shares through a broker, a directed share program allows investors to buy IPO stock directly from the company. AdvertisementCompanies may offer a directed share program to employees, vendors, or, in Reddit's case, loyal users and moderators. The risk involved with directed share programsOne of the risks associated with directed share programs is that a DSP may harm the company's IPO by causing the IPO value to inflate. How to participate in Reddit's directed share programReddit began rolling out directed share program pre-registration invitations to certain users and moderators on February 22, 2024.
Persons: you'll, Reddit, Redditors, Insider's, Will McDonough, McDonough, Airbnb, Uber, , there's, Reddit's Organizations: Companies, Corestone, New York Stock Exchange, Reddit, IPOs, DSP Locations: IPOs
The platform's listing, expected next month, would be the largest IPO by a social media company since Pinterest in 2019. That means some are wondering why Reddit has waited until now to make its move, but AI might have something to do with it. Reddit also listed data licensing and AI training as part of its income streams. "We are going public to advance our mission and become a stronger company," he said in a founder's letter included in the prospectus. AdvertisementRepresentatives for Reddit did not immediately respond to a request for comment from BI, made outside normal working hours.
Persons: Reddit, Sam Altman, Steve Huffman, Huffman, Fortune, Katie Notopoulos Organizations: New York Stock Exchange, Facebook, Twitter, Business, Securities and Exchange Commission, Google, University, Virginia, GameStop, AMC Locations: Reddit
Read previewTaylor Swift fans are a dedicated group, but complaints about the pop star's merch have some calling for a boycott in recent months. However, some fans on social media are calling out what they described as the poor quality of her merch and delayed shipping times. Instead of blaming Swift for the merch, many fans are looking at her record label Universal Music Group for the delays and poor quality. Another Redditor posted expectation vs. reality photos of a $40 "1989" tote bag ordered online. Others online called out the "poor quality" of the tote bag and said that it's nothing new for Swift's merch site.
Persons: , Taylor Swift, Swifties, Pollstar, Swift, Redditor, subreddit, hadn't, Swift's, I'm, taylors, TeJDBDyfBj — Riley 🤍🖤 Organizations: Service, Business, Universal Music Group, tote
Farrer is better known as the Timepiece Gentleman, the flashiest online dealer in the $75 billion luxury watch trade. All he needed was the right name for his luxury watch business — something distinctive, something memorable. In his mind, he pictured what the ultimate luxury watch dealer would look like. To launch his career as the Timepiece Gentleman, Farrer boned up on the jargon of horology, from escape wheels and spring barrels to flinques and guilloches. Despite the staggering size of the luxury watch trade, nobody had thought to market its glamour and mystique.
Persons: Reddit, I've, Anthony Farrer, Farrer, Mark Wahlberg, Marky Mark, Patek Philippes, Sharf, Prada, he'd, Cameron, Travis Baker, chronograph, Richard Chance, He'd, timepieces, Farrer boned, they're, Kevin Hart, It's, Buyers, Darby McVay, McVay, Liz Guilliams, Guilliams, You've, Dallas —, Crimepiece, vouching, Santa Monica, , Darth Vader, y'all, reselling, Anthony, stiffing, Wesley Stokes, Stokes, Bob Schober, Joe Haden, Richard Mille, Schober, He's, Peter, Paul, didn't Organizations: YouTube, FBI, Timepiece Gentlemen, Watch, Buffalo Wild Wings, Business, Boston Consulting Group, Texans, Craigslist, Lamborghini, Malibu, Downtown, Hollywood, Cleveland Browns, TPG, Ducati, Venice Locations: Venice , California, Venice, backwoods Texas, Reddit, cowpoke, Sherman , Texas, Dallas, It's, Salt, Riding, Los Angeles, In Dallas, LA, Santa, Texas, Downtown Los Angeles, South Carolina, Scottsdale , Arizona, Stokes
Starbucks is massively expanding its rollout of Oleato, its olive oil-infused coffee range. AdvertisementStarbucks is rolling out Oleato, its olive oil-infused coffee range, to all stores in the US despite mixed reviews. They're also available at some Starbucks stores in Canada, London, Paris, Osaka, and Tokyo, as well as a more extensive range at US Starbucks Reserve stores. Starbucks founder Howard Schultz introduced the range after mixing olive oil with his Starbucks coffee in Sicily, where the oil is a key component of the Mediterranean diet. A nutritionist told CNN that combining a high-fat substance, like olive oil, with coffee can have a laxative effect.
Persons: , They're, Howard Schultz, Schultz, TikToker, Phoebe Hunt, barista, they're Organizations: Starbucks, Service, Starbucks Reserve, Wall Street, CNN, Business Locations: Italy, Canada, London, Paris, Osaka, Tokyo, Sicily
A San Francisco pizzeria appears to operate more than 70 virtual brands on DoorDash selling falafel, pasta, and wings. AdvertisementA pizzeria in San Francisco appears to operate more than 70 different virtual brands on DoorDash. Restaurants sometimes design their own virtual brands, but they can also host other virtual brands. Uber Eats removed 8,000 last spring and summer and DoorDash says it will remove brands that virtual brands quality requirements. Reddit users didn't seem surprised to discover that the Polk Street address operates a network of virtual brands.
Persons: Redditor, , N'Sert, Hoodline, We're, Fresco, DoorDash, Uber, they've, Philly, Polk Organizations: San, Service, DoorDash, Business, Polk, Fresco Inc, Google, Cupid's Locations: San Francisco, Burger, DoorDash
A Reddit user asked what are weird jobs nobody knows about but pay well. AdvertisementA Reddit user asked which jobs were relatively unknown but lucrative and the post went viral. Teeth designerA Reddit user said he makes teeth on a computer using CAD/CAM software for dental laboratories. Artificial flavor makerOne Reddit user wrote, "My dad was a master flavorist. Reddit user solarblack wrote, "My Aunt and her daughter both do seasonal work as hand pollinators and harvesters.
Persons: Redditors, , IndependenceNo2060, Loreo1964, die_lahn, solarblack Organizations: Service, Business, Heineken
Holding down multiple jobs has long been a backbreaking way for low-wage workers to get by. They freeze their employment histories with Equifax and hibernate their LinkedIn profiles, so employers can't see they're holding multiple jobs. Those with multiple jobs also seek out positions they hope will be OE-friendly — light on meetings, as well as on the workload. There's another incentive: Unlike most Americans, those who work multiple jobs don't have to worry about layoffs. There's something radical that happens to a worker's psychology when they have multiple jobs.
Persons: Bryan Roque, He'd, Roque, I'm, Isaac, Reddit, commiserate, he'd, it's, they're, , Tyler Le, George, who's, I've, Allison, Cole, he's, Matthew Berman, hasn't, Meta, Tinder, jugglers, Taylor, they'll, normies, Redditor, she'd, she's, Aki Ito Organizations: Amazon, IBM, Meta, Financial Independence, J1, McKinsey & Company, J2 Locations: Meta, Tinder, New York, California, Meta's, tatters
Black leather jackets are a well-known staple in Nvidia CEO Jensen Huang's wardrobe. Online sellers are using his name and image in listings for lookalike leather jackets. AdvertisementAdvertisementNvidia CEO Jensen Huang is known for his signature black leather jackets — he's rarely seen in public without one. A Wilson Jackets product page titled "Jensen Huang Nvidia CEO Leather Jacket" offers faux and real leather lookalikes. AdvertisementAdvertisementA screenshot of a black leather jacket from Theory.
Persons: Jensen, Steve Jobs, Mark Zuckerberg, Huang, , Jensen Huang, hoover, Huang isn't, Issey Miyake, Walter Isaacson's, Jobs, Zuckerberg, isn't, Joseph Rosenfeld, Tom Ford, Rosenfeld Organizations: Nvidia, Service, Google, Bloomberg, Wilson Jackets, Apple, Walmart, Meta's Connect, New York Times, Times Locations: Taiwan
Kia and Hyundai are recalling 3.3 million cars and telling drivers to park outside due to fire risks. Kia and Hyundai thefts have soared after videos exposing security flaws in some models went viral. AdvertisementAdvertisementKia and Hyundai drivers have had a rough run in recent years. AdvertisementAdvertisementThe recall extends over a range of different Kia and Hyundai models, released between 2010 and 2017. Per the NHTSA, more than 3,000 Hyundai and Kia vehicles have caught fire in that time, injuring 103 people, and killing one.
Persons: , Kia Organizations: Kia, Hyundai, Service, Traffic Safety Administration, Consumer Locations: South Korea
MSN readers called out the site for publishing a story they believe was written by AI. The story's headline describes the late NBA player Brandon Hunter as "useless." "Brandon Hunter useless at 42," the headline read. A former NBA player dies young, and AI writes this headline:"Brandon Hunter useless at 42"And check that prose:"Former NBA participant Brandon Hunter who beforehand performed for the Boston Celtics and Orlando Magic, has handed away on the age of 42." https://t.co/xEvVVHo9DP pic.twitter.com/EiKlZEhluS — Joshua Benton (@jbenton) September 14, 2023It described Hunter as a "former NBA participant" who was "handed away on the age of 42."
Persons: Brandon Hunter, xEvVVHo9DP, EiKlZEhluS — Joshua Benton, Hunter, it's Organizations: NBA, Microsoft, Service, MSN, Boston Celtics, Orlando Magic, Twitter, Ottawa Food Bank, TMZ Locations: Wall, Silicon, @jbenton
A viral Reddit post about a UPS driver's pay sparked complaints and praise. Interest in becoming a UPS driver is spiking after UPS increased total compensation to $170,000. A Reddit user posted an apparent copy of their UPS paycheck to the site on Tuesday — and it quickly went viral. For 49 hours of work, the UPS driver made more than $2,400 before taxes, according to the paycheck that was posted. "I'm a UPS delivery driver.
Persons: couldn't, they'd Organizations: UPS, Service, Teamsters Locations: Wall, Silicon, Texas
A picture of a bumper sticker that mocks Elon Musk is again making the rounds on social media. In the picture that was posted on the "me_irl" subreddit, a Model Y is shown with a bumper sticker that says: "I bought this before we knew Elon was crazy." It's unclear where the apparent bumper sticker originated, or whether there's more than one. As for the reaction to the bumper sticker, one user said people need to stop tying Musk so closely to Tesla. "It's idiotic," the user posted on a thread with a photo of the bumper sticker.
Persons: Elon Musk, Tesla, Elon, There's, Elon Musk's, Musk, Joe Biden, Redditors, I've, Redditor, I'd, MAGA Organizations: Service, EV, Twitter, SEC, Tesla, Defamation, ADL, Starbucks, OG, Bloomberg, CNN Locations: Wall, Silicon
A picture of a bumper sticker that mocks Elon Musk is again making the rounds on social media. A Reddit post about the sticker sparked a debate on whether Tesla can be separated from its CEO. It's unclear where the apparent bumper sticker originated, or whether there's more than one. As for the reaction to the bumper sticker, one user said people need to stop tying Musk so closely to Tesla. "It's idiotic," the user posted on a thread with a photo of the bumper sticker.
Persons: Elon Musk, Tesla, Elon, There's, Musk, Joe Biden, Redditors, I've, Redditor, I'd, MAGA Organizations: Service, EV, Twitter, Defamation, ADL, Starbucks, OG, Bloomberg, CNN Locations: Wall, Silicon
Tesla fans have applauded the sedan's new looks and longer range. But some don't like that Tesla moved the turn signals to buttons on the steering wheel. Well, Elon Musk is reinventing Tesla's turn signals, and some fans of the company aren't too happy about it. But Tesla also said goodbye to the Model 3's steering-wheel stalks, a decision that's rattled some fans. The turn signals have been relocated to a pair of tiny buttons on the left side of the steering wheel.
Persons: Tesla, Elon Musk, It's, I'm, Tesla Tesla Organizations: Service Locations: Wall, Silicon
Today, Reddit's subreddits take center stage. But these advice subreddits might not be so different from the agony aunt advice columns of yesteryear. But beyond them is a funky constellation of subreddits where users come to pour out their innermost thoughts and burning questions. The poster wrote, "I feel like even at 28, no matter how hard I try to fit in and be nice, I somehow mess it up." AdvertisementAdvertisementTo be sure, Reddit's public advice columns are not without their detractors.
Persons: Abby, Dan Savage, Reddit's, , Redditors, University of Tampa's David Gudelunas, Dorothy Dix, Ann Landers, Gudelunas Organizations: Morning, University of Tampa's Locations: London
Reddit is ditching coins and awards and some users are not happy. The company announced on Thursday it planned to phase out Reddit coins and awards. Reddit awards are given by users and show up as icons next to posts. As part of this, we made a decision to sunset coins (including Community coins for moderators) and awards (including Medals, Premium Awards, and Community Awards), which also impacts some existing Reddit Premium perks." The change also affects Reddit Premium users as the company will stop offering them a monthly coin drip and premium awards from September 12.
Persons: Reddit, , Redditors, weren't, Redditor Organizations: Reddit
Elon Musk is being criticized for calling remote work immoral. Redditors nicknamed the billionaire "Karen Musk" and say his comments are out-of-touch. Musk previously asked both Tesla and Twitter employees to return to the office. Elon Musk is getting flack for his latest comments disparaging people for working from home with one Reddit thread dubbing him "Karen Musk," as an insult. The Reddit Thread, which links to a video accusing Musk of being out of touch with the average Joe, is titled "Karen Musk: Working from home is IMMORAL!"
Lurkers beware — a Facebook glitch sent automatic friend requests to profiles that users clicked on. It's every lurker's worst nightmare — checking the Facebook profile of a crush, coworker, or someone they might not necessarily know, only to accidentally send a friend request. Facebook's parent company, Meta, which confirmed the issue to Insider, said the glitch occurred as a result of an update to the Facebook app, which "caused Facebook friend requests to be sent mistakenly." "Well, that would explain why I received a surprise friend request from some dumshit flat-earther I was making fun of," said another. This is the latest bug to plague Facebook users — in August 2022, a "configuration change," spammed users' feeds with celebrity posts.
Earlier this week the new CEO of Twitch, Dan Clancy, took to his own channel for an impromptu performance. The former NASA researcher started singing classic songs, including 'Take me Home, Country Roads.' Twitch's new CEO, Daniel Clancy, took over the top job at the company in mid-March following the departure of previous CEO Emmett Shear. A clip from an impromptu, after-hours Twitch broadcast — Clancy began streaming on May 10 at 7 PM PT, with a keyboard and microphone at his disposal — has gone viral, showing the former NASA researcher singing "Take Me Home, Country Roads." "*Twitch's CEO has been banned due to copyright infringement*," one user joked in a reply to the now viral video.
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