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Reddit is negotiating moats for access in search results

To get through Google’s Search morass — filled as it is with bad AI Overviews and sponsored content — it often helps to append “site:reddit.com” to your query. Right now, Google, which already has way bigger market share than its peers, seems to have a monopoly on using that trick to find any new Reddit threads, presumably thanks to its $60 million deal with the online forum, 404 Media reports.

That’s because Reddit is currently negotiating the rights to its search results and hasn’t been able to reach deals with many search engines. A Reddit spokesperson told the Verge that “some are unable or unwilling to make enforceable promises regarding their use of Reddit content.”

Bing, DuckDuckGo and other alternative search engines that don’t rely on Google’s indexing no longer bring up recent Reddit content. A Microsoft spokesperson told Search Engine Land that Reddit had updated a file to prevent Bing from crawling Reddit.

“The news shows how Google’s near monopoly on search is now actively hindering other companies’ ability to compete at a time when Google is facing increasing criticism over the quality of its search results,” 404’s Emanuel Maiberg wrote.

This article was updated Thursday morning to reflect statements from Reddit and Microsoft spokespeople given to The Verge and Search Engine Land, respectively.

That’s because Reddit is currently negotiating the rights to its search results and hasn’t been able to reach deals with many search engines. A Reddit spokesperson told the Verge that “some are unable or unwilling to make enforceable promises regarding their use of Reddit content.”

Bing, DuckDuckGo and other alternative search engines that don’t rely on Google’s indexing no longer bring up recent Reddit content. A Microsoft spokesperson told Search Engine Land that Reddit had updated a file to prevent Bing from crawling Reddit.

“The news shows how Google’s near monopoly on search is now actively hindering other companies’ ability to compete at a time when Google is facing increasing criticism over the quality of its search results,” 404’s Emanuel Maiberg wrote.

This article was updated Thursday morning to reflect statements from Reddit and Microsoft spokespeople given to The Verge and Search Engine Land, respectively.

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Apple reports Q4 earnings and revenue slightly above Wall Street estimates

The iPhone maker reported its FY 25 fourth-quarter earnings Thursday.

#10

Tesla just recalled its beleaguered Cybertruck for the 10th time since the vehicle was introduced two years ago. This time the company recalled about 6,000 of the “apocalypse-proof” vehicles due to what the National Highway Traffic Safety Administration says is an improperly installed “optional off-road light bar accessory” that could become disconnected from the windshield while driving, and could “create a road hazard for following motorists and increase their risk of a collision.”

CEO Elon Musk once said he could sell up to 500,000 of the stainless steel behemoths a year. In the first three quarters of this year, the company has sold only about 16,000.

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Analysts lower Meta price targets after social media giant says AI capex will keep climbing

Meta may have posted record revenue Wednesday but the stock is deeply in the red in the wake of its third-quarter earnings report, after the social media company said that its capital expenditure on AI would continue to rise.

The earnings prompted a number of analysts to lower their price targets or downgrade the stock.

RBC Capital lowered its price target to $810 from $840. Bank of America Securities lowered its price target to $810 from $900. Barclays, JPMorgan, Deutsche Bank, and Wells Fargo also lowered their price targets on the company.

Earlier today, Benchmark downgraded its rating to a “hold” from a “buy.” Oppenheimer downgraded the company to “perform” from “outperform,” saying the “significant investment in Superintelligence despite unknown revenue opportunity mirrors 2021/2022 Metaverse spending.” Ouch.

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