Total net revenues-- Total net revenues were RMB 7.3 billion in the second quarter, up 20% year over year, with games and advertising as the main growth drivers. Games revenue-- Increased 60% year over year to RMB 1.6 billion, propelled by new seasons of the SLG title and celebration events. Advertising revenue-- Grew 20% year over year to RMB 2.4 billion, supported by AI integration, enhanced ad infrastructure, and an increased advertiser base.
Whitney Wolfe Herd emphasized, "Our product is people. The quality of someone's experience, how they engage, find what they're looking for, and monetize depends on the quality of who and what they encounter on the platform."
"With posts going straight to fans' home screens, it offers the kind of immediacy and intimacy that other platforms can't replicate, turning passive followers into active participants," founder Matt Moss told TechCrunch.
Interchange is a web-based interactive installation that explores how people perceive and engage with financial markets. The project reflects on the shifting relationship between individuals and the abstract systems that define modern finance. Active participation reveals a dynamic, unpredictable environment shaped by personal beliefs, collective behavior, news, and global events.
Users who encountered an AI summary clicked on a traditional search result link in 8% of all visits. Those who did not encounter an AI summary clicked on a search result nearly twice as often (15% of visits).
Users can now see more detailed information in the platform's 'Insights' dashboard, allowing them to better understand how their posts are performing and where their content is getting discovered.
Connected TV (CTV) advertising is evolving from traditional 15- and 30-second spots to incorporate innovative formats like pause ads, home-screen ads, and shoppable ads, reflecting the need for adaptation to user engagement.
Navigating Brazil's complex regulatory landscape is one of the biggest hurdles for new operators. Our financial infrastructure is directly integrated with the Central Bank of Brazil, accelerating critical processes like onboarding and ensuring regulatory compliance from the very first step.
Ars Technica's Posting Guidelines have been updated to improve accessibility for new readers while maintaining the focus on fostering genuine discussions with rules against hate speech, personal attacks, and spam.
In a world flooded with artificial intelligence driven content and internet bots, trust and credibility are getting harder to build, prompting them to become more important.
