Quick Read Snap (SNAP) reported $1.51B in revenue, beating estimates, and announced a $500M stock buyback program. Perplexity AI will pay Snap $400M over one year in cash and stock to integrate its AI search engine into Snapchat. Some investors get rich while others struggle because they never learned there are two completely different strategies to building wealth. Don’t make the same mistake, learn about both here. Shares of Snap (NYSE: SNAP) are up just over 15%, or $1.13 a share. All after th ...

This story was originally published on Social Media Today. To receive daily news and insights, subscribe to our free daily Social Media Today newsletter. With Reddit looking to maximize its revenue potential, and capitalize on the value of its data, it’s now taking legal action against AI projects that look to siphon off its info without explicit permission. As reported by The New York Times, Reddit has filed a new lawsuit in the U.S. District Court, which seeks to block four different companies from scrap ...