The European Commission has designated ChatGPT as a Very Large Online Search Engine and Reddit and Roblox as Very Large Online Platforms under the Digital Services Act, subjecting all three to the bloc’s strictest online safety regime.
Aug 31 (Reuters) – The European Commission on Monday said ChatGPT, Reddit and Roblox will need to adhere to the EU regulations for very large online platforms and search engines
The stocks of Roblox(NYSE: RBLX) and Reddit(NYSE: RDDT) both crashed after they reported earnings after the bell on July 30. However, Reddit is the only one worth buying on the dip, in my view. Let’s look at why.