Reddit slides after reports it may restrict Google’s access to content

Seeking Alpha ·

Reddit ( RDDT ) shares fell about 6% in premarket trading after The Wall Street Journal reported that the company has discussed potentially restricting Google’s ( GOOG ) access to its content for artificial intelligence use. According to the report, Reddit ( RDDT ) executives

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Reddit shares fell about 6% in pre-market trading following reports that it is considering restricting Google's access to its AI content. This move is interpreted as an intention to protect the value of its data and increase licensing bargaining power. Investors should pay attention to future data monetization strategies and changes in platform alliances.

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