content restrictions

Reddit shares fell 8% following a report that the company is considering restricting Google’s AI data access. This comes amid concerns that Google’s AI Overviews are hurting publisher traffic, impacting Reddit’s existing $60 million annual deal with Google. Reddit is re-evaluating its partnerships, aiming to ensure they drive business value and recognize the unique worth of its data. The company, which also partners with OpenAI, recently exceeded earnings expectations, highlighting the financial importance of its data licensing. Investors await further insights in their Q2 earnings report.