A naukri.com initiative
Reddit News
Insider
3d
188
Image Credit: Insider
How Reddit went from a weird corner of the web to everyone's favorite digital hangout
- Reddit has emerged as a more mainstream and acceptable alternative to Twitter, the leading forum for discourse.
- Increasing numbers of people browse Reddit to find reliable reviews and user feedback.
- Growth is driven by new, casual browsers, with daily active users logged into their accounts up by 27%, but by 70% for people logged out.
- Reddit is becoming more trusted as a source of reliable information, and even the White House is using it to combat misinformation.
- Reddit went public earlier this year at a $6.4 billion valuation after a few years cleaning up its act.
- Its most recent earnings report showed that revenue and cash from ads rose, and last quarter, Reddit turned a profit for the first time in its history.
- The search platform, Google, is prioritizing Reddit's search results, which boosts visitor traffic but presents a risky proposition.
- AI and data licensing are being used to reach a broader and international audience.
- There are concerns that Reddit's growth may lead to its rapid corporatization, which could put the value of its brand and legitimacy at risk.
- Reddit is emerging as a more hybrid platform, somewhere between social media and a widely respected database of information from real users.
Read Full Article
11 Likes
Cryptonews
1w
81
Image Credit: Cryptonews
Reddit Reverses Crypto Strategy, Sells Off BTC and ETH Held for Treasury
- Social media giant Reddit has sold off the majority of its crypto holdings, worth nearly US $7 billion.
- The move was made to mitigate the unique risks associated with holding digital assets.
- Unfortunately, Reddit sold just before Bitcoin's price surged, resulting in significant opportunity cost.
- Reddit still believes in the potential of cryptocurrencies but is cautious due to their volatility and unique risks.
Read Full Article
4 Likes
Insider
1w
81
Image Credit: Insider
Sam Altman said he 'sometimes' used ChatGPT to answer Reddit AMA questions
- OpenAI CEO Sam Altman hinted that the company's next big model, GPT-5, is not likely to be released this year.
- During a Reddit Ask Me Anything (AMA) session, Altman used ChatGPT, OpenAI's generative AI chatbot, to answer some of the questions.
- The company is facing challenges in allocating computing resources towards multiple ideas and making hard decisions.
- Despite recent executive departures, Altman recently secured a historic $6.6 billion fundraising round for OpenAI.
Read Full Article
4 Likes
Massivelyop
1d
249
NCsoft Q3 2024: NCsoft teases Aion 2 for 2025, says Throne & Liberty sales ‘surpassed internal projections’
- NCsoft has released its Q3 2024 financial statement.
- The company has strong hopes for its upcoming title Journey of Monarch.
- NCsoft is planning five releases in 2025, including Aion 2, Project LLL, Tactan, Breakers and a new genre title.
- The MMO Throne & Liberty has reportedly proved profitable during its early access stages.
- NCsoft has diversified its interests within gaming, heralding a new era of MMORPGs and so-called 'megahit success' titles.
- In Q3 2024, the company generated $270m in revenue, down 5% YoY.
- While revenues are down, NCsoft's ambitious plans for the future underscore its propensity for risk-taking and innovation.
- Throne & Liberty has sold millions of copies in the West.
- NCsoft CFO, Willy Hong, admitted to investors in the earnings call that the company was disappointed about the Q3 results.
- Aion 2 will take the game in a different direction from its predecessor, focusing more on co-op play and progression.
Read Full Article
14 Likes
Discover more
Massivelyop
2d
362
GeForce NOW will impose 100-hour monthly play limits to all users, but you can buy more time
- Nvidia announced on Reddit that GeForce NOW will impose a 100-hour monthly play limit for paying subscribers starting January 2025.
- The playtime limit is designed to improve quality, speed, and reduce queue times.
- Subscribers can purchase additional gameplay time: 15 hours of Performance access for $2.99 or 15 hours of Ultimate access for $5.99.
- Current active subscribers and Founders tier members will not be affected until January 2026.
Read Full Article
21 Likes
Massivelyop
2d
374
Publisher Masangsoft opens Steam pages for several old and previously shuttered MMOs
- Publisher Masangsoft has opened Steam pages for several old and previously shuttered MMOs.
- The games include Skidrush: Drift City, GunZ: The Duel, Fishing Hero, and the relaunch of Asda Story.
- The games have recently been added to the Steam storefront and have their own unique websites.
- The motive behind revitalizing these games and their official release dates remain uncertain.
Read Full Article
22 Likes
Hackernoon
3d
171
Image Credit: Hackernoon
The Reddit Paradox: How AI is Driving Users Back to the Internet’s Most Un-AI Misfit
- Reddit, once a misfit with scruffy language and an unappealing interface has become the benefactor and antidote to an internet suffocating under algorithmic polish.
- Reddit's marketing is non-existent and it's ad features are barebones but it's global logged-in users have grown 27% to 44.1 million.
- AI has helped platforms like Google bump user-generated content to the top giving Reddit prime real estate in our search results.
- AI has also created a 'filter bubble' effect which boosts short-term engagement and dwell time but leads users to intellectual comatose.
- Reddit is a space where users can move beyond the calculated déjà vu of other platforms and break from the algorithmic leash.
- Other platforms are programmed to amplify high-clout users, creating a digital caste system that's rooted in social comparison theory stifling smaller users.
- On Reddit's unapologetically anti-status platform, even the smallest voices are passed the megaphone and posts rise purely on their own merit.
- Reddit plays guard to the genuine, where anonymity and content-first engagement free users from the aesthetic rat race.
- Reddit provides a dopamine hit for those tired of algorithmic etiquette and is a space where curiosity isn't a liability but the entire point.
- Reddit has become one of the last places where culture still lives, by refusing to curate culture it has redefined influence by never trying to influence users.
Read Full Article
10 Likes
Massivelyop
6d
226
Massively Overthinking: How long should it take to level to endgame in MMORPGs?
- New World players have been blasting through levels at an alarming rate. In just two days, some have gone from 0-44, with getting to level 65 taking only 15 hours.
- For games like Lord of the Rings Online and other sandboxes, players should ideally take many months to hit max level as it’s the journey that counts.
- For smaller-scale themeparks like New World, the ability for users to blitz through it doesn’t hurt the game.
- Being able to speed up or slow down leveling at their leisure, something done in games such as LOTRO, would be great to implement more often.
- MMOs let the journey take second place to endgames, devaluing the leveling, urging players to rush through zones and content.
- MMOs need to make the journey, not the endgame, the real experience.
- Instances like WoW Classic are preferred for providing a meaningful journey when compared to the zip-zip-now-you’re-80 retail edition.
- There is a fine line between appreciated challenges and arbitrary slow leveling to extend it.
- Different games call for different leveling models and there is no one size fits all solutions to leveling too quickly or too slow.
- Non-traditional leveling models or systems where everything is relevant at all levels, such as in The Secret World or Elder Scrolls Online, allow for a faster leveling experience.
Read Full Article
13 Likes
Massivelyop
6d
127
Dofus updates server transfers and opens pre-registration for its upcoming Unity engine upgrade
- Dofus is upgrading to the Unity engine on December 3rd.
- Pre-registration for new servers is now open, offering rewards for milestones.
- Existing server transfers will be updated with instant transfers and real currency payment.
- Ankama is organizing events to celebrate the Unity update and its 20th anniversary.
Read Full Article
7 Likes
Massivelyop
7d
116
PlanetSide 2, fresh off an EU server merge, kicks off its 12th anniversary celebrations today
- PlanetSide 2 is celebrating its 12th anniversary with an update.
- The update includes anniversary bundles with titles, banners, cosmetics, and weapons.
- Bug fixes, improvements for NPC spawning, and a new squad menu tooltip are also part of the update.
- The game recently merged its European servers, bringing life back to the game.
Read Full Article
6 Likes
Massivelyop
7d
236
Kakao Q3 2024: ArcheAge 2 aka ArcheAge Chronicles has been delayed yet again
- Kakao Games' Q3 financials show a slight increase in revenue but down compared to last year.
- PC games compensate for weak mobile game sales for Kakao Games.
- ArcheAge Chronicles, the next installment in the ArcheAge franchise, has been delayed to 2026, marking the fifth delay for the MMO.
- Kakao Games plans to have closed beta for ArcheAge Chronicles in Q3 2025.
Read Full Article
14 Likes
Mjtsai
1w
0
Reddit Is Finally Profitable
- Reddit reported a profit of $29.9 million and $348.4 million in revenue in their third quarter earnings.
- Advertising revenue grew to $315.1 million, while other revenue reached $33.2 million.
- Reddit's AI-powered translation feature contributed to the increase in users.
- Reddit's daily users increased by 47% year over year.
Read Full Article
Like
Massivelyop
1w
311
Riot Games promises that it’s still ‘working hard’ on the Riot MMORPG
- Riot Games' MMORPG is still in development, according to co-founder Marc Merrill.
- Merrill stated during the League of Legends Worlds final that the team is making progress.
- The hiring of former Blizzard dev Orlando Salvatore for the game suggests ongoing development.
- However, fans should temper their expectations as the game is likely still far from completion.
Read Full Article
18 Likes
Massivelyop
1w
251
MMOs You’ve Never Heard Of: Wizard’s Wrath and A Wizard’s World
- Wizard’s Wrath, a virtual reality spell-slinging MMO, ran a Kickstarter campaign but was canceled with minimal support.
- A Wizard’s World is a free-to-play MMORPG AR mobile game that raised around $11K through Kickstarter.
- A Wizard’s World claims to be the "first MMORPG AR mobile game," but similar games like Orna and Harry Potter Wizards Unite already exist.
- The success of A Wizard’s World would depend on the studio's knowledge of the existing market.
Read Full Article
15 Likes
Bitcoinist
1w
162
Image Credit: Bitcoinist
Reddit Cashes Out: SEC Filing Reveals Major Bitcoin Sell-Off Last Month
- According to SEC filings, Reddit has sold most of its crypto holdings, including Bitcoin and Ether.
- The sale occurred before the recent surge in crypto prices, with Reddit missing out on potential profits.
- The company stated that the sold crypto assets were primarily held for treasury purposes.
- Reddit's stock price surged following the announcement of solid Q3 earnings.
Read Full Article
9 Likes
For uninterrupted reading, download the app