Reddit’s 50% Plunge Fails to Entice Dip Buyers as Growth Slows.
-
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.
I mean, with all the censoring and pandering to Musk, allowing for entire bot swarms to the point it really becomes obvious it's happening - who could have predicted this?
That's right, kids. Allying yourself with fascist tendencies in any way, shape or form will hurt you in the long run. Just provide the damn service people are looking for and stop playing god, trying to use your platform to shape opinions and censor statements you or your buddies don't like.
-
Why are so many people here calling Spez "Spaz"? Isn't that considered to be a slur similarly to the r-word?
what's your point?
-
Fuck reddit , its becoming weird being on there ... its feels off , like you're in an uncanny valley not knowing if you are taljing to a bot , a person or a troll
I remember when Reddit threads would have 50000 plus comments on the regular that felt like real discussions where karma kept the assholes in control. The front page always felt full of new things and it felt democratic in a way. In recent years it feels empty, algorithmic, and just kind of sad. Reddit felt like a safe place even with some of the grimier subreddit becoming popular. Now it's just a oligarch pandering Nazi sympathizer platform. I was on there for 12 years and am happy I left it behind.
-
Dnc isn't on Reddit much, which is a separate issue the the GOP have successfully coopted all social media, thats why they are in power
Lmao you're willfully ignorant or a shill. DNC has been running propaganda for a decade now on Reddit. Shareblue is a thing.
-
her pitch was single droplet of blood to diagnosis diseases.
I’m aware. I’m also a medical lab scientist and the entire thing screamed bullshit from the start, not necessarily due to the feasibility of testing on small volumes, but things like calibration and quality control.
-
I mean why buy shares of reddit? What is it doing? It's alienating users.
Literally every single change reddit has done in the past few years has angered the user base, and the bot accounts increase day by day. Go to any niche subreddit, like one for a movie series, show, video game, etc. You will see a ton of "what's your opinion of X or Y?" And it's always such a weird choice of words, and it's clearly just a bot farming engagement to inflate numbers to shareholders.
I still use reddit, but I never post or comment. I strictly do that on one of my Lemmy accounts. And every few months, something will happen to make the experience worse. Like now, the frontpage "hot" sorting is broken. Just a bunch of zero up vote posts on weird subreddits I forgot I was subscribed to. Now I can't really get the news like I used to on reddit. It's broken, and there is tall that it's a result of Elon meeting with spez to talk about moderating the surge of Elon/Teslur hate.
Fuck reddit, more niche communities need to come over here, because I'm so tired of having to go through reddit to fine things I'm interested in.
Yeah why is the question never "how can we make peoples lives better?" its always "?whats the profit margin"
-
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.
Lol suck shit reddit. Rot in piss
you won't be missed!It might be at least a little missed for all the useful info and history that it had accumulated over these decades... But oh well.
They shat this bed they get to lay in it
-
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.
-
Fuck reddit , its becoming weird being on there ... its feels off , like you're in an uncanny valley not knowing if you are taljing to a bot , a person or a troll
Reading threads from even 5 years ago makes it painfully obvious reddit is dying. Its mostly repost bots now, and the upvoted comments often have the conversations out of order or have generic fortune cookie like responses.
-
I didn't want to put piefed yet since it's still developing, but pretty fast and hard to give them credit. Is one I most looking forward to because of their topics and feeds. I thought I'd appreciate mbin having built in sorry for microblogs, but I didn't even explore much of it
Yeah I was excited about Kbin.social as well, both for not being developed by political extremists and for having more capabilities. However, like you I never ended up using that whole microblogging style bc I simply prefer the Threadiverse format so much more.
PieFed is indeed developing FAST! But there are minor to moderate annoyances while trying to use it so yeah, I understand people not being ready for that yet. Fwiw, if you were just wanting to avoid being on the server that uses the bleeding edge codebase (PieFed.social), there are a few others, namely https://feddit.online/ (for the list of others see here: https://join.piefed.social/try/, with additional information at https://piefed.fediverse.observer/list).
It's fantastic to have choices, whether we decide on PieFed, Mbin, or Lemmy to meet our needs on the (Threadi-)Verse!:-)
-
I just don't understand why a person would choose to invest in Reddit. What exactly is the value proposition here?
Surely people will enjoy pay walled content.
-
Genuine question but how can we trust our respective lemmy instance to not be as corrupt?
There's no money in running a lemmy instance. Donations are unlikely to pay for the costs, much less a living. Also, you can always switch instances, although for this reason it is concerning how big lemmy.world is in comparison to other instances
-
I remember when Reddit threads would have 50000 plus comments on the regular that felt like real discussions where karma kept the assholes in control. The front page always felt full of new things and it felt democratic in a way. In recent years it feels empty, algorithmic, and just kind of sad. Reddit felt like a safe place even with some of the grimier subreddit becoming popular. Now it's just a oligarch pandering Nazi sympathizer platform. I was on there for 12 years and am happy I left it behind.
Sadly i have to be there as its the best place to get news about the place im living in , our newspapers work for our govenment and other channels are usually controlled opposition ... reddit is the most trustworthy (its so ironic to tell you that but it is)
-
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.
-
Genuine question but how can we trust our respective lemmy instance to not be as corrupt?
You cannot. You never could. The difference that the Fediverse makes is that you can make your own instance.
Slight side-track here: in many ways Lemmy is even more authoritarian than Reddit, this is basically a Reddit 2.0. Here there is a modlog, but no modmail, no notification of a moderation action, no ability to ask questions as to why (if only so that you can avoid doing so again?), especially when the modlog merely says that the action was done by "mod" (so even if there were a moderator chat somewhere, or you wanted to send a DM, who would you send it to, unless you send it to literally all, thereby risking getting yourself getting banned from the entire instance for legitimately spamming DMs!?).
On lemmy.ml, people routinely get instance-wide banned from communities that they've literally never even so much as heard of!? More importantly, for a rule that is never written down anywhere or explained to new users. On midwest.social numerous people have been banned merely for downvoting posts or comments offered by the instance admin, or for submitting reports (not spamming, just one) literally calling out cries for (not against) murder - ideological purity testing is real there. Meanwhile back on lemmy.ml, I can point you (if interested) to an actual conversation where a moderator tells a user that he wants to kill him - but ofc he is protected by the instance admins so nothing will ever be done about such occurrences.
Now you understand, the "freedom" that the Fediverse offers is not extended to the users, but rather to the instance owners. If you want that freedom, you have to start your own server. Or join one that offers it downwards to its users.
PieFed offers MANY features facilitating democratization of moderation. Discuss.Online, a Lemmy instance, is quite well-known for allowing freedom to its userbase (though being located in the USA... for how much longer?). There are others - these are just ones that I definitely know about and recommend.
TLDR: you cannot and never could, that's a misunderstanding of the concept of the Fediverse, though there is potential to make freedom happen here, unlike Reddit where it's a lost cause from the start.
-
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.
I wonder how long until they ban porn. That'll kill it dead for sure.
-
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.
One man's slowing growth is another man's hardening growth (me, from reading this headline).
-
I wonder how long until they ban porn. That'll kill it dead for sure.
literally one of the 2 reasons I haven't quit reddit completely (the other being I'm slowly deleting all my comments)
-
I’m fucking Warren Buffet
That’s an expensive habit, no wonder you sold your stock.
Dude charges a million bucks for an hour lunch with him. Imagine how much an overnight special with Warren is
-
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.
Let's pick a day and everyone short it
