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Social media platform Reddit released its first quarterly report since going public in March. Reddit reported revenue of over $240 million, up 48% year-over-year and beating analyst estimates. Advertising revenue grew 39%, faster than competitors like Meta, Amazon and Alphabet. The company reported a net loss of over $575 million, with stock-based compensation expenses driving red ink. Reddit had over 82 million daily active users in the first quarter, up from estimates and a sign of continued engagement growth. Shares surged 11% in pre-market trading following the strong earnings report.

Reddit Shares Surge 11% Following Strong Revenue Growth in First Quarterly Report That Surpassed Estimates

⏲ 0:43 👁 2.4M

Airbnb's net income more than doubled in the first quarter compared to the same period last year, though revenue growth was slower at 18%. Earnings per share beat analyst estimates, helped by the timing of Easter holiday revenues. Strong earnings growth was partly driven by one-time factors like the additional leap day and the shift of Easter occurring earlier. Airbnb shares fell around 7% in after-hours trading.

Airbnb's Q1 Earnings Beat Expectations, Shares Fall in After-Hours Trading

⏲ 0:29 👁 765K

ThreatFabric analysts recently discovered the new mobile malware family with an extensive set of Device Takeover capabilities.Veuer's Elizabeth Keatinge has more.

Fake Browser Update Can Steal From You

⏲ 0:52 👁 14.8M

#PTI #muhammadzubair #PMLN #NaeemKhalidLodhi #pakistan #pmlngovt #report #mariamemon <br/><br/>(Current Affairs)<br/><br/>Host:<br/>- Maria Memon<br/><br/>Guests:<br/>- Mohammad Zubair Umar (Senior Leader)<br/>- Lt General (R) Naeem Khalid Lodhi (Analyst)<br/>- Sarwar Bari (FAFEN)<br/><br/>Pakistan Ka Siyasi Nizaam Band Gali Mein?? Maria Memon Ki Khusoosi Report<br/><br/>Kya Mulk Ka Nizaam Ab Maffi Talaafi Se Hi Agay Chalay Ga??<br/><br/><br/>Follow the ARY News channel on WhatsApp: https://bit.ly/46e5HzY<br/><br/>Subscribe to our channel and press the bell icon for latest news updates: http://bit.ly/3e0SwKP<br/><br/>ARY News is a leading Pakistani news channel that promises to bring you factual and timely international stories and stories about Pakistan, sports, entertainment, and business, amid others.

Sawal Yeh Hai | Maria Memon | ARY News | 10th May 2024

⏲ 36:33 👁 1.2M

Tara Stoinski, chief scientist of the Dian Fossey Gorilla Fund, answers your questions about primates from Twitter. Why do gorillas pound on their chest? How do apes communicate with one another? Why do chimpanzees have wars? Are there social hierarchies within primate groups? Answers to these questions and many more await—it's Ape Support.To learn more about gorillas and how you can help them visit http://gorillafund.org.Director: Lisandro Perez-ReyDirector of Photography: Chris MarshallEditor: Richard TrammellExpert: Tara StoinskiLine Producer: Joseph BuscmieAssociate Producer: Paul GulyasProduction Manager: Peter BrunetteCasting Producer: Nicholas SawyerCamera Operator: George ZelaskoSound Mixer: Lee BaileyProduction Assistant: Trent BarfieldPost Production Supervisor: Christian OlguinPost Production Coordinator: Ian BryantSupervising Editor: Doug LarsenAdditional Editor: Jason MaliziaAssistant Editor: Justin Symonds

Primatologist Answers Ape Questions From Twitter | Tech Support

⏲ 22:45 👁 5M

Woman Controlling Friend's Dating App Sets Her Up on Blind Date

⏲ 2:12 👁 885K

We speak to world renowned chef Michel Roux about his new restaurant at the Langham hotel, opening on May 22nd. <br/><br/>He tells us about the menu, the cuisine that inspired him and who he is supporting this summer.

Michel Roux on his new French British restaurant at the Langham Hotel and who he’s supporting at the Euros

⏲ 2:0 👁 6.4M

Polls show a Trump conviction in his New York hush money trial could cost him key votes, with 1 in 5 supporters saying they may withdraw support. However, interviews suggest voter views on the case match preexisting opinions of Trump, rather than views changing due to trial details. Experts say political fallout may be blunted without a conviction, which is unlikely as Trump has survived past scandals. Voters may be following less closely and see it as \

Trump's Hush Money Trial: Polls Show Possible Voter Backlash, 1 in 5 Supporters May Withdraw Support

⏲ 0:36 👁 1.7M

Juanita Greville, editor of the Bendigo Advertiser, shares how you can support the hard work of your local reporters with the news you trust.

How to support regional journalism with news you trust

⏲ 0:45 👁 1.4M

German social democrats spoke out against far right violence amid declining support after an attack on Friday night that hospitalised Saxony top candidate for the EU elections Matthias Ecke.

Social democrats speak out against far right violence amid declining support

⏲ 0:59 👁 8.7M

Lisa Allan, editor of the Newcastle Herald, shares how you can support the hard work of your local reporters with the news you trust.

How to support regional journalism with news you trust

⏲ 1:19 👁 545K

A federal government program designed to help keep older Australians living at home, is failing to keep up with demand. People have been left waiting months to get the assistance they need, such as help with cleaning or gardening.

Older Australians waiting months to receive promised help from government to stay at home

⏲ 1:47 👁 1.3M

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