Reddit’s 50% Plunge Fails to Entice Dip Buyers as Growth Slows.
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I have no idea what you're talking about and I'm intrigued.
there was a sub called 'the donald', wanna say there was an underscore in there, that started as a joke but was co-opted
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The value of Reddit is the content which it is able to create. If users aren’t free to create content, there is not value.
It certainly was what people drove there. That doesn't make money. The only value that counts for the bottom line is the data ultimately for marketing purposes. And the reach and trust that makes it great to sell shit.
It'll also be a great propaganda vehicle. Which might be worth even more in the current climate.
Anyways Reddit is dead. It ran far longer than many thought. But I think the cadaver won't stay fresh long enough to be eaten.
I think many of the tech giants are becoming scared. Because it might be a bit of hassle to just use another platform ultimately it's fucking easy to migrate and the when the momentum is there it can go pretty fast. No one really needs Amazon or Facebook or Reddit. And people really are pissed off. Fuck them. All these valuations for tech are just ludicrous when in the end the main driver is selling people shit more effectively.
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So I work in advertising for a company that is top 20 on the Fortune 500. We advertise everywhere including Reddit.
The returns on Reddit isn't even very good. We still spend money there as a pure name recognition play.
As of now, for the company I work for, it's not working.
Its been documented the return per user on reddit is the lowest of all the social media sites. Nobody will run ads there.
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You can just use a bot/service to do that. It’ll even edit them before deleting them, so if it’s ever recovered it’ll just look like some gibberish random words
someone else linked one called "shreddit". haven't really looked at it yet
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I had two main accounts. My oldest account got permabanned for a joke about Nick Fuentes. After his address got doxxed and he pepper sprayed a woman who rang his doorbell back in December of last year, I said "hey as an incel he should be happy that the ladies know where he lives now so they can share a cocktail with him", and I added a cartoon gif of a Molotov. It was obviously a joke, but they said it was "promoting/glorifying violence". I ate the bullet on that one because they were technically right, even if they were a bunch of humorless twats.
My other account got banned about a month ago when I up voted a comment that was just a picture of Luigi Luigi (the Nintendo character) smoking a cigarette. Again for "promoting/glorifying violence".
Elon Musk is a weak little crybaby and Steve Huffman is a pathetic coward.
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The gloomy sentiment around Reddit Inc. has failed to dissipate after its shares fell 50% from a February high, with volatile technology stocks under pressure.
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I’m fairly certain they misled investors on their last earnings call. I noticed some banned accounts suddenly had their ban lifted right before the call, and then reapplied right after.
On the last investor call, they said they had a lot of returning users. This was after their election ban hammers, and prior to the Luigi ban fest.
Can’t wait to see how they try to spin things on the next one.
They can just count all them bots as active users. Much like twitter
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The gloomy sentiment around Reddit Inc. has failed to dissipate after its shares fell 50% from a February high, with volatile technology stocks under pressure.
Remember that Reddit automatically gathers your data.
If you still have a reddit account, go to settings right now. And prevent reddit from selling your data.
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Yeah they've come out and said recently that even interacting with any content or comments that could so much as be perceived as being related to Luigi Mangione is a violation of Reddits policies against promoting violence. People have been getting warnings that their accounts are in danger of being permanently banned just for visiting certain subs. Not for posting. Not for commenting. Not even for voting. Just for visiting.
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Yeah they've come out and said recently that even interacting with any content or comments that could so much as be perceived as being related to Luigi Mangione is a violation of Reddits policies against promoting violence. People have been getting warnings that their accounts are in danger of being permanently banned just for visiting certain subs. Not for posting. Not for commenting. Not even for voting. Just for visiting.
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All the people that ruined the site will get a nice golden parachute. The C suite doesn't give a shit what the company actually does. They are there to make sure the important investors get a return on investment and that is it.
Oh the executives will be fine. I already hate them, no worries.
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for all the useful info
Recently, I've been questioning how useful the reddit info actually is. I've been lurking in multiple subreddits related to things I'm actually quite knowledgeable at, and the amount of times I've seen people asking questions and getting absolutely bogus answers that were highly downvoted was just... concerning. Not to mention how often the correct answer was heavily downvoted for absolutely no reason. That's when I realised - hey, maybe redditors aren't that smart after all? I can detect the bullshit for the things I actually know, then what about things that I don't? Should I trust them?
Not to mention that to get the info you want, usually you'll have to get through a bunch of shitty jokes, going off topic, rants and even some "totally-not-sponsored" comments.
You're noticing that Gell-Mann Amnesia.
I looked it up yesterday because I kept seeing it in an Angela Collier video title and I realised that despite watching the video and re-checking the info several times, I could never remember what Gell-Mann amnesia was, and that was too ironic to be allowed to continue. So this time instead of looking it up and going "ooohh, that's right, okay, nevermind", I went, "okay, now repeat it to yourself until you're sure you won't have to look it up again".
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I heard they did that a bunch of other users too, temp ban, resulted in perma ban of other accounts as soon as the temp ban was lifted.
I was perma-banned like 11 hours before my temp-ban was lifted, per the timing on the messages in my inbox, so I think the admins just got a lil carried away with the fashy bullshit and then walked it back a little.
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I appealed it and it was lifted, but not before it was upgraded to a permanent ban for ban-evasion on other accounts (I’ve never had more than one account in my 14 years of reddit.)
Reddit has a feature where there helpfully link your account to stranger's accounts. When the stranger is banned from any sub, you are too. But you don't know you are banned from those subs. So when you innocently post, you get perma-banned.
I had no idea that was a thing, nor who I would do it with considering none of my friends or family use reddit. Much less how I could've done it without even knowing about it.
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This time, they overdid it. Since Nov 5th there were at least 3 ban waves by Feb 13th. The same time I got banned, now we are in the 5th to 6th ban wave right now. This way more than normal
It's continued to get worse since I left a couple weeks ago? I'm shocked. Shocked, I say!
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Same thing happened to me. I told a guy to fuck off and got banned for not being nice. I appealed, but before that process completed, they permanbanned my 14 year account. I like that on Lemmy I can say normally uncontroversial things like "Nazi scum fuck off".
Indeed, Nazi scum can fuck off.
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i've had various accounts over the years and never gotten hit for "ban evasion". that being said that suspension was my last straw and i deleted my account.
Yeah, what's even funnier is after noticing and appealing the temp ban I logged off and the only time I went back was to check my mail for a response which is when I noticed the perma-ban, so between those two time periods I was literally not even on reddit, so I have no idea what the fuck they were on about.
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Remember that Reddit automatically gathers your data.
If you still have a reddit account, go to settings right now. And prevent reddit from selling your data.
its pretty given, seeing as how they are using googles recaptcha technology, and OPEN AI to allow access to data/content, plus its useful for troll farms from russia in general, since its allows targeted propaganda messaging.
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The value of Reddit is the content which it is able to create. If users aren’t free to create content, there is not value.
remember the first purges in 16-17' when trump was in power, GOP started complaining about online spaces hosting these "violent, illegal" activities, and subs got banned asap. now again, musk is complaining about the same thing.
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It certainly was what people drove there. That doesn't make money. The only value that counts for the bottom line is the data ultimately for marketing purposes. And the reach and trust that makes it great to sell shit.
It'll also be a great propaganda vehicle. Which might be worth even more in the current climate.
Anyways Reddit is dead. It ran far longer than many thought. But I think the cadaver won't stay fresh long enough to be eaten.
I think many of the tech giants are becoming scared. Because it might be a bit of hassle to just use another platform ultimately it's fucking easy to migrate and the when the momentum is there it can go pretty fast. No one really needs Amazon or Facebook or Reddit. And people really are pissed off. Fuck them. All these valuations for tech are just ludicrous when in the end the main driver is selling people shit more effectively.
forums are still alive and kicking, to certain niches though, not an "news/politics aggregate site like reddit. FB has enshittified itself when they went soely distributing russian propaganda intentionally, also require much more aggressive Data mining to sign up for the service, similar tow hat Glassdoor has become for job hunters.
