📝 Medium's first profitable month

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Medium, the online publishing platform, reached profitability for the first time in August, driven by a surge in subscriptions and strategic cost management. CEO Tony Stubblebine credited the platform's success to enhanced content curation, stronger moderation, and expanded writer compensation. While Medium has opted against investing in generative AI, it remains focused on improving user experience and supporting quality writing, marking a significant milestone in its 12-year history.

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