Reddit to require login for all content, ending open browsing era
Reddit will begin testing a logged-in-only experience in select non-US markets in the fourth quarter, ending its open browsing era to prevent content scraping and improve ad targeting. CEO Steve Huffman announced the shift on Thursday's earnings call. The change aims to boost ad effectiveness, as logged-in users provide more data, and to block third-party scraping, which Huffman said mostly occurs among logged-out visitors. Reddit previously sued AI companies for scraping and updated its bot policy in 2024. Reddit's third-quarter revenue rose 53% to $895 million, but US users declined 2% and search traffic fell sharply in October. The company's stock dropped over 17% in after-hours trading following the announcement.