Author: GT

Reddit CEO Steve Huffman stands on the floor of the New York Stock Exchange (NYSE) after ringing a bell on the floor setting the share price at $47 in its initial public offering (IPO) on March 21, 2024 in New York City.Spencer Platt | Getty Images News | Getty ImagesReddit reported third-quarter earnings on Thursday in which the company beat on the top and bottom, but the company saw its user growth for logged-in users slow down once again. Shares were down about 4% at the market’s close.Here’s how the company did compared with LSEG estimates:Earnings per share: 80 cents vs.…

Cluely’s Roy Lee has a message for startup founders: You should be thinking harder about how to go viral. “Generally, if you’re not in deep tech, then you need to low-key deep focus on distribution,” Lee told the crowd at TechCrunch Disrupt 2025. But he also made it clear that not everyone was cut out for this kind of viral marketing. “If you’re any good at engineering, you’re probably not funny and you’re probably not going to be a content creator because you don’t have it in your blood. Realistically, most of these people have no chance of going viral.”…

A Delta Airlines plane takes off near the air traffic control tower at Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia, US, on Tuesday, Oct. 28, 2025.Samuel Corum | Bloomberg | Getty ImagesDelta Air Lines called on Congress Thursday to “immediately pass a clean continuing resolution” to reopen the U.S. government and pay air traffic controllers.U.S. air traffic controllers missed their first full paychecks on Tuesday as the government shutdown drags on through a fourth week with no end in sight while Republican and Democratic senators remain at an impasse.”Missed paychecks only increases the stress on these essential workers,…

India’s appetite for instant convenience — once confined to food and grocery delivery — is expanding into house help. That shift has helped Snabbit, an on-demand home-help startup, secure $30 million in new funding and lift its valuation to $180 million, up from $80 million five months ago. The all-equity Series C round — Snabbit’s third fundraise in nine months — was led by Bertelsmann India Investments, with participation from existing backers Lightspeed, Elevation Capital, and Nexus Venture Partners. The latest infusion brings the startup’s total funding to $55 million. Snabbit’s fresh funding follows a sharp rise in activity, with…

IntrCity SmartBus, a tech-enabled intercity bus platform in India, has raised $30 million in funding to expand its network across smaller cities and towns in the South Asian nation. The all-equity Series D round, led by A91 Partners, values the Noida-based startup at $140 million post-money. Intercity travel is accelerating in India as more people migrate from smaller towns to metropolitan cities for work and education. To meet this demand, New Delhi has significantly expanded the country’s highway infrastructure. The national highway network has increased by over 60% in the past decade, from 56,723 miles to 90,847 miles, according to…

Roblox shares sank 10% on Thursday as the company said it expects increased capital expenditures that could pressure margins.The gaming company said it expects capital expenditures of $468 million, an increase of $158 million from prior guidance.”Our operating margin could decline slightly year-over-year due to the combination of higher DevEx rates and the impact of infrastructure and safety related investments catching up with rapid bookings growth in the back half of 2025,” the company said in a letter to shareholders.The company’s Developer Exchange Program (DevEx) lets creators exchange Robux for real money.The gaming company’s margin and spending comments overshadowed an…

People are increasingly asking AI, not Google, to help them discover products. A recent shopping report says Americans, this holiday season, will likely turn to large language models this season to find gifts, deals, and sales instead of traditional search. Retailers could see up to a 520% increase in traffic from chatbots and AI prompts in 2025 compared to 2024, according to the report. For brands, that means figuring out how to show up in AI-generated recommendations, and fast. This surge in AI-driven traffic is the bet behind The Prompting Company, a YC-backed startup helping products get mentioned in AI…

Andy Jassy, CEO of Amazon, speaks during an unveiling event in New York on Feb. 26, 2025.Michael Nagle | Bloomberg | Getty ImagesAmazon is slated to post results for the third quarter after the closing bell Thursday.Here’s what analysts polled by LSEG are looking for:Earnings per share: $1.57Revenue: $177.8 billionWall Street is also looking at other key revenue numbers:Amazon Web Services: $32.42 billion expectedAdvertising: $17.34 billion expectedAWS growth will be a major focus for investors once again, as the company faces intensifying pressure from cloud competitors Google and Microsoft, which also reported quarterly results this week.Revenue at AWS is projected…

Design platform Figma said today that it has acquired AI-powered image and video generation company Weavy. The startup will join Figma under a new brand called Figma Weave. Figma said that 20 people from Weavy will join the company, but didn’t disclose the valuation of the deal. The Tel Aviv-based startup was founded in 2024 and raised $4 million in a seed round in June led by Entrée Capital, with participation from Designer Fund, Founder Collective, and Fiverr founder Micha Kaufman. Figma said that Weavy will exist as a standalone product for now and that, in the future, it will…

NEW YORK (AP) — Judges around the world are dealing with a growing problem: legal briefs that were generated with the help of artificial intelligence and submitted with errors such as citations to cases that don’t exist, according to attorneys and court documents.The trend serves as a cautionary tale for people who are learning to use AI tools at work. Many employers want to hire workers who can use the technology to help with tasks such as conducting research and drafting reports. As teachers, accountants and marketing professionals begin engaging with AI chatbots and assistants to generate ideas and improve…