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.

  • @Mallspice@lemm.ee
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    276 days ago

    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.

  • @carrion0409@lemm.ee
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    7 days ago

    Good. I got banned just today for “inciting violence” then when I asked what I did they couldn’t tell me. Musk pressuring spez into harsher moderation is probably part of why I was actually banned. I followed every rule but was active in left wing communities and it seems that’s enough to be deplatformed under the trump regime.

  • @surph_ninja@lemmy.world
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    387 days ago

    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.

  • SpaceOctopus
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    297 days ago

    Hey cool beans we’re the direct result of that! What good news!

    I trust reddit as far as I can throw it these days.

  • Hikuro-93
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    357 days ago

    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.

  • @LePanTheOpticon@lemm.ee
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    277 days ago

    Shouldn’t suprise anyone especially with the recent grovelling before Musk.

    I’ve created this account here today particularly because I found that behaviour absolutely disgusting.

  • @a9249@lemmy.ca
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    197 days ago

    No surprise; It’s seemingly all bots arguing with other bots now anyway.

  • Cyrus Draegur
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    187 days ago

    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

  • @RawDog@lemmy.world
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    25 days ago

    Good, Reddit has no place in the stock market and no amount of enshittification can save them from this fate.