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submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

That’s a recent quote from Reddit’s VP of community, Laura Nestler. Here’s more of it: This week, Reddit has been telling protesting moderators that if they keep their communities private, the company will take action against them. Any actions could happen as soon as this afternoon.

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[-] Prior_Industry@lemmy.world 2 points 1 year ago

Who is investing in Reddit at this point? I guess they can just dump their shares against etf buying.

[-] rockSlayer@lemmy.world 4 points 1 year ago

Well, WSB is planning to short the stock as soon as the IPO opens. Technically that's investing

[-] Hackerman_uwu@lemmy.world 3 points 1 year ago

Look, much like Kanye we love those guys but they’re jackasses.

[-] EchoVerse@lemmy.world 2 points 1 year ago

WSB was never the same after the $GME debacle.

[-] Mr_Blott@lemmy.world 2 points 1 year ago

Pretty sure that was also the catylst for the death of Reddit too. It became the new Facebook after everyone heard of it because of the news coverage

[-] CantankerousGay@lemmy.world 0 points 1 year ago
[-] Scary4@lemmy.world 2 points 1 year ago

It was just another wave in eternal september imo, a big one but just another bit of notoriety for the website

[-] Smurgin@lemmy.world 1 points 1 year ago

Pretty much, between COVID and GME, the sub 10x'd its users within a year and became a pool of the same handful of low tier memes that are cycled through every week.

[-] PineapplePartisan@lemmy.world 4 points 1 year ago

Reddit is not public, so it’s just private investors at this point that funded series tranches. They, of course, are pushing to have Reddit get profitable and then IPO.

I guess we will see what happens, but Spez may have totally messed-up their plans with the inept API pricing and the response to the concerns about it.

It could have been totally averted if they just introduced a reasonable user fee and license that could be used in any third party app.

[-] meldroc@lemmy.world 3 points 1 year ago* (last edited 1 year ago)

Spez could have even required 3pas to carry Reddit ads - a lot of us would have grumbled, but stayed.

But Spez didn’t want that, did he? If I had to guess, I'd say Reddit's official app is even more rigged with tracking than Tik Tok. That's why it lags - it phones home every time you pause in your doom-scrolling, to log what stories you're interested in.

[-] skullrot@lemmy.world 5 points 1 year ago

That's the most bizarre thing to me. Without knowing Reddit's financials, it seemed like everyone could have their cake and eat it too. We could get a UX catered to how we choose to interact with Reddit and Reddit could make money hand over fist. We all knew the totally free experience wouldn't last. Reddit very easily could have been like "ok guys, party's over. We need to force ads on 3rd party apps". We'd bitch about it, but it'd ultimately be fine. This scorched earth approach to how they handled it is just so out of left field.

[-] Tgs91@lemmy.world 1 points 1 year ago

You're right. I highly recommend Duck Duck Go browser app on your phone. It has a beta feature that blocks all tracking requests from your apps, and you can go look at what apps are submitting the most requests. Someone took a lot at the official reddit app compared to 3rd party and it submits an absolutely absurd amount of tracking requests. Like multiple orders of magnitude more, and higher than any other social media app.

[-] GeekSquad1992@lemmy.blahaj.zone 1 points 1 year ago

They never even updated the API to show ads... Like, you could've worked on that at any time, it's your own API.

[-] time_lord@lemmy.world 1 points 1 year ago

If it's programmed right, there's no amount of data collection that should cause lag. It's just a poorly written app.

this post was submitted on 29 Jun 2023
537 points (96.7% liked)

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