Reddit shares soar after company turns first-ever profit. (www.theguardian.com)
from Dot@feddit.org to technology@lemmy.world on 30 Oct 20:04
https://feddit.org/post/4271996

#technology

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just_another_person@lemmy.world on 30 Oct 20:07 next collapse

Why? Still the same shitty company. They have no revenue model aside from selling what people put in there.

BombOmOm@lemmy.world on 30 Oct 20:10 collapse

This was the reason they made the API changes. They wanted to charge for easy access to the content. Sure, you can scrape every Reddit page, but nobody has time for that. Pay up and hoover down Reddit comments for you AI training.

themeatbridge@lemmy.world on 30 Oct 20:48 collapse

It also forced users onto their app, which creates a captive market for force-serving ads disguised as content.

schizo@forum.uncomfortable.business on 30 Oct 20:12 next collapse

The company reported nearly 100 million monthly users, an increase of 47% from the year prior

My bullshit-o-meter is pegged at 11.

I’ve been on reddit lately and I’ll eat my shoe if that 50% increase was in any way actual real humans, because there’s no damn way.

gravitas_deficiency@sh.itjust.works on 30 Oct 20:30 next collapse

Lmao seriously, these investors have clearly never been on Reddit

Contort3860@links.hackliberty.org on 30 Oct 22:03 collapse

At this point I’m pretty sure it’s bots all the way down. And whatever isn’t a bot is someone pretending to be someone else or some other BS.

usuarioimanol@lemmy.world on 31 Oct 02:19 collapse

Does anyone use Infinity for Reddit? I understand you have to pay to use it.