The densest subgraph problem has received significant attention, both in theory and in practice, due to its applications in problems such as community detection, social network analysis, and spam detection. Due to the high cost of obtaining exact solutions, much attention has focused on designing approximate densest subgraph algorithms. However, existing approaches are not able to scale to massive graphs with billions of edges. In this paper, we introduce a new framework that combines approximate densest subgraph algorithms with a pruning optimization. We design new parallel variants of the state-of-the-art sequential Greedy++ algorithm, and plug it into our framework in conjunction with a parallel pruning technique based on $k$-core decomposition to obtain parallel $(1+\varepsilon)$-approximate densest subgraph algorithms. On a single thread, our algorithms achieve $2.6$--$34\times$ speedup over Greedy++, and obtain up to $22.37\times$ self relative parallel speedup on a 30-core machine with two-way hyper-threading. Compared with the state-of-the-art parallel algorithm by Harb et al. [NeurIPS'22], we achieve up to a $114\times$ speedup on the same machine. Finally, against the recent sequential algorithm of Xu et al. [PACMMOD'23], we achieve up to a $25.9\times$ speedup. The scalability of our algorithms enables us to obtain near-optimal density statistics on the hyperlink2012 (with roughly 113 billion edges) and clueweb (with roughly 37 billion edges) graphs for the first time in the literature.
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