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Reddit’s explosive user growth and AI tools help it soar to its first profit as a public company

NEW YORK (AP) — Reddit has turned a profit for the first time as a public company.

The social platform claimed a profit of $29.9 million, or 16 cents per share, for the period ending in September, and reported sales of $348.4 million, an amount surpassing the $312.8 million analysts had projected. Reddit also grew its number of daily users to 97.2 million, a 47% increase from the same time last year, according to a company statement.

In a letter to shareholders, Reddit CEO Steve Huffman said its new AI translation feature — which allows readers to convert posts between English, French, Spanish, Portuguese, Italian and German — was a primary driver of user growth, especially internationally in countries like France, India and the Philippines. Huffman wrote that Reddit plans to expand this feature to over 30 countries going into 2025.

“In 2024 so far, ‘Reddit’ was the sixth most Googled word in the U.S., underscoring that when people are looking for answers, advice, or community, they’re turning to Reddit,” Huffman wrote. “We saw this play out in real-time when the White House came to Reddit to share critical information during recent hurricanes, reaching people in the affected areas with timely updates.”

While the company’s advertising remains its main source of revenue, Reddit’s earnings summary notes its recent data licensing agreements are beginning to pay off financially. Both Google and OpenAI have signed deals with Reddit to train their artificial intelligence models on its content.

San Francisco-based Reddit Inc., whose investors include OpenAI CEO Sam Altman, went public in March at $34 a share. Before that, it booked profits in the first quarter of 2021 and fourth quarter of 2023.

Since the initial public offering, the stock has tripled, surging 42% to close Wednesday at $116.05.

Weekly Fuel Report

DES MOINES — The price of regular unleaded gasoline fell 6 cents, averaging $2.90 across Iowa according to AAA.

Crude Oil Summary

  • The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $2.86 per barrel over last week, currently priced at $68.46.
  • Brent crude oil fell by $3.16 and is currently priced at $72.42.
  • One year ago, WTI crude sold for $83.03 and Brent crude was $90.73.

Motor Fuels

  • As of Wednesday, the price of regular unleaded gasoline averaged $2.90 across Iowa according to AAA.
    • Prices fell 6 cents from last week’s price and are down 31 cents from a year ago.
    • The national average on Wednesday was $3.14, down 2 cents from last week’s price.
  • Retail diesel prices in Iowa fell 5 cents this week with a statewide average of $3.38.
    • One year ago, diesel prices averaged $4.56 in Iowa.
    • The current Iowa diesel price is 17 cents lower than the national average of $3.58.
  • Wholesale ethanol held steady and is currently priced at $2.16.
  • The current Des Moines Terminal/Rack Prices are $1.91 for U87-E10, $2.13 for Unleaded 87 (clear), $2.14 for ULSD#2, $2.44 for ULSD#1, and $1.79 per gallon for E-70 prices.

Heating Fuels

  • Natural gas prices rose 54 cents at the Henry Hub reporting site and are currently priced at $2.85/MMbtu.
  • Propane prices averaged $1.54 per gallon in Iowa.
  • Home heating oil prices had a statewide average of $2.86 per gallon.

Tips for saving energy on the road or at home are available at energy.gov and fueleconomy.gov.

Secretary of State: Iowa Elections are Safe and Secure Thanks to Numerous Safeguards in Elections Process

JOHNSTON – Iowa Secretary of State Paul Pate and state and federal election security partners convened at the Iowa Department of Homeland Security’s Emergency Operation Center to remind voters of the many safeguards in place that protect Iowa’s election integrity.

Representatives state and federal election security partners are in regular communication throughout the year to solidify their respective roles in keeping Iowa elections safe and secure. During the leadup to an election, communication is ongoing and consistent, ensuring that Iowa elections are protected from every angle. This week, leaders from these agencies convened at a press conference to share more details on their roles in election security and reinforce the state’s nationally ranked approach to election administration: pre-and post-election audits, paper ballots, physical and cyber security measures, bipartisan teams of poll workers and partnerships with election security partners are all critical components.

“Voting is the cornerstone of our democracy and ensuring all of Iowa’s eligible voters are able to cast their votes safely and securely in Iowa’s elections is essential,” said Secretary Pate. “Iowa voters should be reassured that through key partnerships at the state and federal levels, we have their backs. We have numerous checks and balances in place and the strongest team possible to keep Iowa elections safe and secure, and I urge every eligible to voter to make their plan to vote in this General Election.”

Potential threats to our election security range from physical to cyber threats, and Iowa’s Department of Public Safety has laid the groundwork to secure Iowa’s General Election.

“Voting is one of our most sacred civic responsibilities, and the Department of Public Safety is committed to ensuring all Iowans can exercise this right safely and confidently,” said Stephan Bayens, Commissioner of the Iowa Department of Public Safety. “We are working tirelessly with our partners to protect the integrity of our electoral process, monitor threats, and combat misinformation. It is crucial for Iowans to rely on trusted information from state or local election officials. We remain vigilant in defending the principle of one person, one vote.”

Election security partners know that it is vitally important to prepare for the worst but hope for the best – monitoring for any possible situation that may impact a voter’s experience. The Department of Homeland Security and Management monitors Election Day activity.

“Iowa’s voters deserve the right to cast their votes in a safe and secure environment,” stated John Benson, Director of the Iowa Department of Homeland Security and Emergency Management. “We work closely with the Secretary of State’s Office and other state, federal, and local partners to ensure that election security is a priority in Iowa.”

In today’s digital age, election threats have evolved to also encompass cybersecurity threats. State agencies like the Department of Management’s Division of IT (Dom DoIT) are key partners in monitoring for such threats.

“Cyberattacks are a rising danger in today’s digital world, especially during elections,” said Shane Dwyer, Chief Information Security Officer, Department of Management’s Division of Information Technology. “We take these threats seriously with safeguards in place to prevent them, including 24/7 heightened cyberthreat, collaboration with county election offices to protect against threats, and engaging multiple communication channels allowing security partners to comprehend the extent of threats and better recognize indicators of compromise.”

With instances of cyberthreats on the rise, support from the Iowa National Guard’s Joint Task Force Cyber has also been a critical component in the effort to protect Iowa’s elections.

“The mission of our Cyber Team is to support efforts by the Secretary of State’s Office to protect and defend their networks during the General Election season. Over the last year, Cybersecurity Guardsmen trained and exercised with our supported Iowa government agencies. We once again look forward to serving the people of Iowa during this critical time,” said Lieutenant Colonel Erik Howg, 168th Cyberspace Operations Squadron, Iowa Air National Guard.

Federal partners like the U.S. Cybersecurity and Infrastructure Security Agency work year-round with election officials to offer critical infrastructure support and ensure secure elections nationwide.

“The 2024 election cycle is facing arguably the most complex threat environment ever, but America’s election infrastructure is also more secure and the election community more prepared than ever,” said Phil Kirk, Regional Director, Cybersecurity and Infrastructure Security Agency Region 7. “This is not an accident. It is the result of the hard work across the election security community led by Secretary Pate in Iowa and other state and local election officials around the country who secure and administer the American election process. These public servants are the true frontline defenders of American democracy, and CISA is proud to support them by offering a range of services and support to help in administering safe and secure elections. The American people should feel confident that their votes will be counted as cast, and they should know our election is secure.”

The FBI has a full team of election crimes coordinators who coordinate with partners at all levels to investigate allegations and monitor potential threats ranging from threats against election workers to malicious cyber activity.

“In the months leading up to Election Day, the FBI has been engaged in extensive preparations to secure the election,” said FBI Omaha Special Agent in Charge Eugene Kowel.  “As always, we are working closely with our federal, state, and local partners across Iowa and Nebraska to ensure seamless integration with every entity who has shared responsibility for election security. The FBI stands ready to respond to a host of potential scenarios related to election fraud, voter suppression, foreign malign influence, malicious cyber activity against election infrastructure, and threats to election workers. Our work will continue beyond November 5th. We are committed to protecting the American public’s right to a fair and safe election.”

Secretary Pate and other speakers also urged Iowans to be leery of election misinformation and disinformation. Instead, turn to trusted sources for election information, which are the Secretary of State and county election officials.

“While partnerships with state and federal agencies are crucial to keeping Iowa’s elections safe and secure, so are our partners at the local level,” added Secretary Pate. “When Iowans visit the polls on Election Day, I’d like them to remind to treat local election officials and poll workers with respect. These folks are trusted faces from your community. They put in long hours on Election Day all because they care about securing elections for their neighbors.”

Polls will be open across Iowa from 7 a.m. – 8 p.m. on Tuesday for the November 5 General Election. Voters should visit VoterReady.Iowa.gov or their county auditor’s website to find their polling place and other election-related information.

South half of Pella Wildlife Area to remain open through Nov. 11

PELLA — The southern half of the Pella Wildlife Area will remain open for public use until Nov. 12, when the contractor will begin reclamation work on the former coal mine site. Beginning Nov. 12, the entire wildlife area will be closed to the public, reopening in late 2025.

The reclamation project includes removing all trees and vegetation, draining the ponds, and then rebuilding it to more naturally fit with the surrounding landscapes. Invasive plants will be replaced with native species.

The north half of the area was closed to all public use on Oct. 1.

The project is funded by $4 million from the Iowa Department of Agriculture and Land Stewardship Mine Reclamation Program. The Mine Reclamation Program is funded by mining royalties from western states with active coal mines and the national infrastructure investment after the covid pandemic.

In a first since 1938, Des Moines, Iowa, kids will trick-or-treat on Halloween

DES MOINES, Iowa (AP) — For the first time since 1938, children in Des Moines, Iowa, will go trick-or-treating on Halloween.

Going door-to-door for candy on All Hallows’ Eve has long been commonplace throughout the country. But not in Des Moines, where Iowa’s capital city took a different approach more than seven decades ago in hopes of tamping down on hooliganism.

Instead, Des Moines children don their costumes on Beggars’ Night, typically the day before Halloween. And besides screaming, “Trick-or-Treat,” children are expected to tell a joke before receiving a treat.

This year, Beggars’ Night was set for Wednesday, but because of expected heavy rain and thunderstorms, officials delayed trick-or-treating until Thursday, which to the rest of the country is the normal Halloween.

“To my knowledge, it has never been moved or canceled since it was established after Halloween in 1938,” Assistant City Manager Jen Schulte said. “However, the safety of our residents, families and children is always our top priority and led to the change in this year’s scheduled Beggars’ Night.”

The city began its unusual custom at the suggestion of a former city parks director as a way to reduce vandalism and promote more wholesome fun for kids. Initially, children were encouraged to sing a song, recite poetry and offer some other kind of entertainment, but over time a joke became the most common offering.

Beggar’s Night also has limited hours, typically running from 6 p.m. to 8 p.m.

Many of Des Moines’ suburbs also adopted the Beggars’ Night tradition and chose to shift the celebration to Halloween this year.

“I didn’t realize we were that much of an anomaly because for us, this is normal,” said Debbie Westphal Swander, who owns a costume shop in West Des Moines. “We’re going to be in sync at least for this year with the way the event is celebrated everywhere else.

“The big picture for me is, it’s absolutely about the kids. That’s the most important thing.”

Iowa’s furbearer season begins Nov. 2

DES MOINES — Iowa’s furbearer season opens Saturday and the outlook for trappers is positive – most species populations are steady, and there are some early indications wild fur pelt prices could be trending up this winter.

The challenge, however, could be that fewer marshes and streams have good water levels.

“Our water levels are similar to last year in some regions, even with a wet spring,” said Vince Evelsizer, state furbearer and wetland biologist with the Iowa Department of Natural Resources (DNR). “These wet/dry-dry/wet swings within a year can have an impact on aquatic furbearers – otters, mink, beavers and muskrats. But the upland species – bobcats, red fox, coyotes – are much less impacted.”

Evelsizer encouraged trappers to do some preseason scouting as marsh water levels vary by location with many either dry or drying by the day.

The furbearer season is Nov. 2 to Feb. 28, 2025. Beaver trapping closes on April 15, 2025.

Mentoring young trappers

A regulation change allows youth age 15 and younger to go trapping with a licensed adult trapper without purchasing a license. This change brings trapping in line with hunting.

“This allows the youth to experience trapping to see if it is something they would enjoy without having to purchase a license,” Evelsizer said.

Each youth must be accompanied by a licensed adult.

Gray fox study

The Iowa DNR will again be looking for live caught gray foxes as part of a pilot population study to learn more about this small, secretive woodland furbearer.

“We’re asking for the public and our trappers to contact us if they’ve recently seen a gray fox or catch a gray fox. Better yet, contact us in advance if you’re trying to catch a gray fox in your area. Private trappers are a valuable partner for this pilot project. We have one fox collared so far, and hope to add to that this year,” Evelsizer said.

The collar provides researchers with data on the fox’s movement, habitat preference and survivorship. There is a $400 reward, provided by the Iowa Wildlife Federation, for anyone who catches a gray fox that can be used for this study.

He said the fox will be released on the site where it was caught.

The DNR is also working with Iowa State University on a pilot project this winter in northeast Iowa, using cameras to track fishers and gray foxes to determine what areas these species occupy and what areas they don’t occupy in this region.

“Other regions may be surveyed in the future, depending on how this study goes,” Evelsizer said.

Mahaska Health Welcomes Dr. Mollie Waller to the Family Medicine Team

OSKALOOSA — Mahaska Health is excited to welcome Mollie Waller, DO, board-certified medicine practitioner, to the Family Medicine team where she will specialize in Family Medicine with a focus on Obstetrics. Dr. Waller brings a passion for patient-centered care and a commitment to empowering patients through shared decision making.

Dr. Waller earned her medical degree from Kirksville College of Osteopathic Medicine at A.T. Still University and completed her residency at Broadlawns Medical Center in Des Moines, IA. After three years of valuable experience in Family Medicine, Dr. Waller and her husband, Dr. Blaise Waller, who also serves as a Family Medicine physician at Mahaska Health, moved to Oskaloosa, IA.

“Dr. Waller’s approach to care aligns with Mahaska Health’s mission of providing compassionate, patient-centered care,” shared Amy Marshall, RN, MSN, Mahaska Health Chief of Clinic Operations. “Her expertise in Family Medicine with Obstetrics will be a wonderful addition to our team and will help ensure that our patients receive the highest quality care throughout every stage of life.”

Mahaska Health has been recognized by the Wellmark Blue Cross Blue Shield of Iowa, Blue Distinction Center for Maternity Care for exceptional outcomes in Obstetrics. With Dr. Mollie Waller joining the Family Medicine team, Mahaska Health is further strengthening its commitment to expert, specialty care close to home for Oskaloosa and the Southeast Iowa Region. Her expertise in Family Medicine and Obstetrics will help ensure that families in Oskaloosa and the surrounding communities receive the compassionate, expert care that Mahaska Health is known for.

To schedule an appointment with Dr. Mollie Waller and the Family Medicine team, call 641.672.3360

Oskaloosa to Turn on the Lights Next Month

OSKALOOSA — Oskaloosa Main Street is excited to announce, ‘Turn on the Lights!’ to take place in downtown Oskaloosa on Saturday, November 23. Bring your family and friends to the square for the Oskaloosa City Band to kick off the event at 5:30 pm. Join us as building facades around the city square illuminate with over 300,000 colorful light bulbs at 6 pm, all from a flip of a switch by the Citizen of the Year, Russ Van Renterghem.

The annual Painting with Lights raffle drawing will begin immediately following. Stick around to see if you are the lucky winner of one of this year’s raffle prizes. Only 8 tickets will be drawn this year. Each of the 8 prizes are of $1,000 value. Haven’t bought your raffle tickets yet? Don’t worry, there is still time! Tickets can be purchased at Mahaska Drug, Mahaska Chamber, H&S Feed & Country Store, and Oskaloosa True Value until Thursday, November 21, 2024.
There is no cost to attend the event. Make sure to grab some cookies, hot cocoa, and a picture with Santa and friends. Step in line for a horse drawn-wagon ride around the square, provided by Mahaska Drug. Free will donations are welcome. All proceeds go to maintenance and installation of the Painting with Lights display.
Don’t worry about dinner! Food trucks will be on the East side of the square November 23, from 5-7pm. More details to come!
The Painting with Lights Display will be on from 4:45pm-11:00pm every night through January 5, 2025.
To learn more about Oskaloosa’s holiday events, please visit www.mahaskachamber.org/calendar.

ERIC CHURCH COMMITS TO BUILDING 100 HOMES FOR HURRICANE-RAVAGED WESTERN NORTH CAROLINA

Eric Church has lived a big chunk of his life in western North Carolina, which is why he takes the suffering of those who went through Hurricane Helene to heart. Last weekend he joined other artists for the “Concert For Carolina,” which raised over $24-Million to help those affected…but Church wasn’t done. He’s announced that his “Chief Cares Foundation” is working towards building 100 homes for families in the hardest hit areas. “We’ve come up with a plan called ‘Blueprint for the Blue Ridge,’ we’re going to put 100 families in homes, that have lost their homes, in Avery County and the surrounding areas.” To see Eric’s video and find out more about “Chief Cares Foundation,” go to the website here.

This day in Country Music History

  • Today in 1976, Elvis Presley recorded his last hit record, “Way Down,” at his studio in the Graceland Mansion. The raw, unedited version can be found on the album, “Our Memories of Elvis, Vol. II.”
  • Today in 1981, was a big day for Loretta Lynn and Conway Twitty. Conway’s “Greatest Hits Volume I” album was certified gold, while Loretta Lynn’s album, “Greatest Hits Volume II,” was certified gold. Plus, the duo’s “Lead Me On” album was also certified gold.
  • Today in 1983, the single, “Islands in the Stream,” by Dolly Parton & Kenny Rogers, became the first country song ever to simultaneously top the country, pop and adult contemporary charts.
  • Today in 1985, the “Five-O” album by Hank Williams Jr. was certified gold.
  • Today in 1990, Vince Gill’s “When I Call Your Name” album was certified gold.
  • Today in 1990, the album, “Killin’ Time,” by Clint Black was certified double platinum.
  • Today in 1993, the “Honky Tonk Angels” album by Dolly Parton, Tammy Wynette and Loretta Lynn was released.
  • Today in 1993, Brooks & Dunn hit #1 with “She Used to Be Mine.”
  • Today in 1996, Alan Jackson released the “Everything I Love” album.
  • Today in 2000, Keith Urban performed at the closing ceremonies for the Paralympic Games in Sydney, Australia.
  • Today in 2002, Patty Loveless’ “Bluegrass & White Snow: A Mountain Christmas” album, Jo Dee Messina’s Christmas CD, “A Joyful Noise,” and Lee Ann Womack’s holiday project, “A Season for Romance,” arrived in stores. Kenny Rogers’ CD, “The Gift,” was also re-released.
  • Today in 2003, Randy Travis’ album, “Rise and Shine,” was been certified gold by the Recording Industry Association of America (RIAA).
  • Today in 2009, Taylor Swift’s single, “You Belong With Me,” went gold, platinum and double-platinum.
  • Today in 2011, Blake Shelton began a three-week ride at #1 on the Billboard country singles chart with “God Gave Me You.”
  • Today in 2012, The Band Perry’s single, “Better Dig Two,” was released.
  • Today in 2012, Little Big Town sang “Pontoon,” Big & Rich performed “Save A Horse (Ride A Cowboy)” and Cowboy Troy does “I Play Chicken With The Train” on ABC’s telecast of “Dancing With The Stars.”
  • Today in 2014, Sara Evans and actor Will Chase sang “Put My Heart Down” during an episode of ABC’s country-music drama, “Nashville.”
  • Today in 2016, Luke Combs performed “Hurricane” and “Tennessee Whiskey” as he made his Grand Ole Opry debut.
  • Today in 2016, Gregg Allman played what proves to be his final concert during the Laid Back Festival at the Lakewood Amphitheatre in Atlanta. It marked his last public performance of “Midnight Rider,” an Allman Brothers Band song that became a country hit when it was remade by Willie Nelson.
  • Today in 2016, Rodney Crowell visited the emergency room for a cardiac issue after sound check for the Celebrity Barn Dance at the Jaeckle Center in Thompson’s Station, Tennessee. Vince Gill, Emmylou Harris and Ashley Monroe performed, raising $50,000 for the Music Health Alliance…and Crowell reappeared for the final two songs.
  • Today in 2018, Bobby Bones offered up an Argentine tango to “Mister Sandman” during ABC’s Halloween edition of “Dancing With The Stars.” John Schneider performed a paso doble to music from the movie, “Beetlejuice.”
  • Today in 2018, Kix Brooks joined Rascal Flatts for an impromptu version of “Folsom Prison Blues” during a MusiCares fundraiser at the Nashville home of jewelry designer Johnathon Arndt. Flatts played nine songs during the private show, including “Yours If You Want It,” “I Like The Sound Of That” and “Fast Cars And Freedom.”
  • Today in 2019, Keith Urban performed and Carly Pearce spoke during a celebration of life for late producer busbee at City Winery in Nashville. Also in the house were Maren Morris, Ryan Hurd, Thomas Rhett, The Highwomen’s Natalie Hemby, Lady Antebellum’s Charles Kelley and Little Big Town members Jimi Westbrook and Karen Fairchild.
  • Today in 2020, Willie Nelson’s “Rainbow Connection” provided the soundtrack as Kohl’s launched a coronavirus-themed Christmas commercial featuring senior citizens and kids greeting each other with hand-written signs through windows.

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