Tuesday, June 6, 2023

Reddit defends its usage-based API pricing, arguing the company "needs to be fairly paid to continue supporting high-usage third-party apps" (Priya Anand/Bloomberg)

Priya Anand / Bloomberg:
Reddit defends its usage-based API pricing, arguing the company “needs to be fairly paid to continue supporting high-usage third-party apps”  —  A number of Reddit forums plan to go dark for two days later this month to protest the company's decision to increase prices for third-party app developers.



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Mistral CEO Arthur Mensch says the startup's annualized revenue run rate was "north of $400M", up from $20M a year ago, and it is set to hit $1B ARR by 2026-end (Financial Times)

Financial Times : Mistral CEO Arthur Mensch says the startup's annualized revenue run rate was “north of $400M”, up from $20M a year ...