Quarterly Report: Reddit’s Total Revenue Grows by a Whopping 61%
Reddit reported its first quarter results for the year 2025, with total revenue increasing by 61% from the same period the year before to $392.4 million. Net profit stood at...
Declining Revenue for Xbox Hardware Business as Microsoft Reigns Supreme on PlayStation Store with Top Gaming Company Title
Satya Nadella, the CEO of Microsoft, provided insights into the gaming business during the quarterly earnings call for Q1/2025. The overall gaming business saw a 5% revenue growth, with software...
Expanding Reach: Threads Embraces Multilingual Advertising Across Numerous Countries
Meta has updated its advertising display in Threads, stating that it will gradually show more ads in several countries. The advertising system now supports display in 30 languages for global...
Innovative Notification Testing on YouTube: Impact on Channels Consistently Uploading Videos
YouTube has announced testing a new notification method aiming to enhance user experience for those who opt to receive notifications for every channel they subscribe to. Often users receive notifications...
IG Shuts Down Comment Feature with Notes on Posts and Reels Due to Lack of Usage, Resulting in Instagram Overload
Adam Mosseri, the head of Instagram, disclosed that the platform is preparing to remove the feature of commenting with Notes on regular posts and Reels. He justified this decision by...
Escaping the X Factor: Jack Dorsey Dismisses Bluesky Adoption
Jack Dorsey, former CEO of Bluesky, stated that the majority of new Bluesky users are not actively engaging with the platform but rather seeking an escape from platform X. Particularly,...
Closure of Amazon’s Inspire feature showcasing product recommendations in TikTok style.
Amazon has informed users to shut down the Inspire feature, which allows users to search for products using image and video feeds in a vertical TikTok-style format, starting from 2022....
AI-Powered Matchmaking: Tinder Explores Innovative Approach to Address User Attrition
Tinder is looking to increase its user base by introducing a new feature that utilizes AI for discovering and matching in the upcoming quarter. This aims to provide more options...
Over 320 Million Users Engaged with Threads Platform
In the latest quarterly earnings call, Mark Zuckerberg, CEO of Meta, revealed that Threads, a social media service focusing on text-based content to compete with X and Bluesky, now has...
Enhancing Algorithmic Display: Threads Announces Algorithm Adjustment to Increase Relevance of Followed Content
Adam Mosseri, the head of the Instagram and Threads team, has announced that Threads will begin changing algorithms on users’ feeds, displaying content from accounts they don’t follow less and...