SEOUL, South Korea, Dec. 11, 2025 /PRNewswire/ -- The Ministry of SMEs and Startups (MSS, Minister Sungsook Han) and the Korea Startup Forum (KSF, Chairman Sangwoo Han) announced that COMEUP 2025, Korea's largest global startup festival, officially opened on Wednesday, December 10 at COEX Seoul. Launched in 2019, COMEUP has grown into a premier platform where innovative startups, global and domestic investors, and major corporations gather to exchange insights and explore opportunities for collaboration. A ...

This was largely driven by profit-taking in Palantir, which saw shares fall on valuation concerns, despite a dominant quarter. Even the Alex Karp-led retail favorite couldn't escape.On Tuesday, with the tech-heavy Nasdaq down more than 2%, retail investors turned into net sellers of single stocks and dialed back ETF purchasesMeta specifically saw record buy-the-dip inflows after tanking on earnings last week. (Worth noting this didn't pay off: the stock fell 6% from last Friday through this Wednesday.)The M ...

Group 1: Snap Inc. (SNAP) - Snap reported revenue of $1.51 billion, exceeding estimates of $1.49 billion, with global daily active users increasing to 477 million, slightly above the expected 476 million [2][7] - The company announced a $500 million stock buyback program, indicating confidence in its financial position [2][7] - Snap has entered a partnership with Perplexity AI, which will pay $400 million over one year to integrate its AI search features into the Snapchat app [3][7] Group 2: Other Notable Stocks - Datadog (DDOG) shares rose approximately 22% after beating earnings estimates with an EPS of 55 cents, which was nine cents above expectations, and reporting revenue of $886 million, a 28.4% year-over-year increase [4] - Planet Fitness (PLNT) shares increased about 12% following strong earnings, with an EPS of 80 cents beating estimates by six cents and revenue of $330.3 million, up 13% year over year [5] - Appian Corporation (APPN) saw its shares rise about 18% after reporting an EPS of 32 cents, which exceeded estimates by 27 cents, and revenue of $187 million, a 21.4% year-over-year increase [6]

Snap announced a $400 million partnership with Perplexity AI to distribute the firm’s AI search engine to Snapchat users globally, according to a statement Wednesday https://t.co/xynrX2vLXK ...

Core Perspective - Reddit is taking legal action against companies that scrape its data without permission, aiming to protect its data and maximize revenue potential [2][4]. Group 1: Legal Action - Reddit has filed a lawsuit in the U.S. District Court to block four companies from scraping its data via Google search results instead of using the paid Reddit API [2]. - The companies involved include SerpApi, Oxylabs, AWMProxy, and Perplexity, with allegations that they sold data to AI firms like OpenAI and Meta [2]. - Reddit seeks a permanent injunction and financial damages, hoping to establish a legal precedent for data protection [2]. Group 2: Revenue Strategy - In 2023, Reddit increased its API charges to profit from the data generated by its users, as AI projects increasingly rely on Reddit for data inputs [3]. - Reddit's "Other" revenue category saw a 24% year-over-year increase in Q2, generating $35 million from data deals with AI projects [5]. - The company has signed content licensing agreements with Google and OpenAI, aiming to create value in exclusivity to incentivize payments for its data [6]. Group 3: Data Protection Measures - Reddit has implemented measures to prevent its information from being scraped or used without explicit permission and payment [4]. - The lawsuit addresses the loophole where companies are allegedly scraping data from Google instead of using the Reddit API, which undermines its data protection efforts [4].