this post was submitted on 12 Jun 2023
198 points (100.0% liked)

Technology

37705 readers
173 users here now

A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.

Subcommunities on Beehaw:


This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] doctortofu@reddthat.com 47 points 1 year ago (36 children)

I just posted it elsewhere, but that's only the beginning. They also announced their intent to turn reddit into an even more ad-infested hellhole than it already is: https://www.redditinc.com/blog/investing-in-what-makes-reddit-unique-introducing-contextual-keyword-targeting-and-product-ads

This is the future of reddit everyone - abandon all hope ye who clicketh here: https://www.redditinc.com/assets/images/site/image2.gif

[–] artistan@lemmy.world 17 points 1 year ago (8 children)

Unlike some of the 3P [third-party] apps, we are not profitable - Steve Huffman, Reddit CEO

Translation - we don't have control of the 3PA and they are getting in the way of moooore profit, so we want them gone.

[–] Ilikemoney@beehaw.org 2 points 1 year ago

Something like reddit doesn't long if it's not profitable. He's not in the same reality that we are

load more comments (7 replies)
load more comments (34 replies)