this post was submitted on 30 Jun 2023
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Reddit Ramps Up Its Threats To Protesting Mods, As Ad Buyers Leave (www.techdirt.com)
submitted 1 year ago by [email protected] to c/[email protected]
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The landed gentry are only in charge until the king comes to town and chops off a few heads. At least that seems to be the case at Reddit, where CEO Steve Huffman pretended his complaints about current moderators — who were protesting his decision to effectively cut off API access to tons of useful…

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[–] [email protected] 3 points 1 year ago* (last edited 1 year ago)

The only thing stopping 3rd party apps from showing reddits adds though was reddit never including them into the api. They actually HAD an agreememt with the rif author to take a cut of rif's ad revenue but as soon as spez took over as ceo he quietly axed that.

Investors wanted to see "app growth" for multiple quarters not underatanding that the app isn't what maked reddit, and so ~~spez~~ spaz is doing what he is in a desperate and stupid attempt to claw up some numbers so he can cash out when the ipo hits.

Reddit app use DID see some grown during the pandemic, but can't sustain that because its app is shit. They haven't improved it ever. It began as a 3rd party app and they purchased it from the original dev. The only changes were to add that pathic coin shop and some sticker/avatar crap to sell you.