Has there been an r/place since 2023's epic FUCK SPEZ?
this post was submitted on 12 Feb 2025
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It’s only like a month of stock increases, they’re still up 300% since IPO.
I’m not logging in out creating an account, I deleted my hobby account a few months ago and I do not miss participating in Reddit.
I got one of those options to buy lol. Ignored it and happy about it.
It feels like the tech bros are teaming up to punish reddit and other companies/entities that hurt Elon, Trump, and others feelings.
Reddit's stock price temporarily blips.
Lemmy: Fuck spez!
If Musk hasn't utterly tanked X by now, spez sure won't tank reddit.
Only way I know they would truly take a beating is a high-profile study, that gets repeated everywhere, about the true extent of AI/bot posting. Until advertisers realize they're paying to catch AI eyeballs, they'll continue to pour in the money.
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Reddit’s sales jumped 71% in the quarter from $250 million a year earlier, the fastest growth rate for any quarter since 2022.
The company said first-quarter sales will be between $360 million and $370 million, ahead of the average analyst estimate of $358 million.
Net income almost quadrupled to $71 million, or 36 cents a share, from $18.5 million, or breakeven on a per-share basis, a year earlier. Reddit reported adjusted earnings of $154 million in the fourth quarter, topping analysts’ expectations of $128 million.
Reddit went public in march at $34 a share and has since seen its stock jump more than sixfold to $216.47 as of Wednesday’s close. The shares were up 32% this year prior to the after-hours selloff.
Sounds like I should have gone all-in on reddit stock. (If I had had money.)
Lemmy: HA! Reddit's DYING!
Fuck me, the site is poisonous with bots and manipulation, but I'm not going to act like it's failing. Same exact deal with Facebook. If I find a promising link to those sites, I'll have a look. Otherwise, don't participate.
When we say dying, we mean dying as a useful and usable platform for us, the former reddit userbase. The Reddit Corporation is a different thing.
We also mean dying as a place where you can meet and have interesting conversations that even when heated invite you into learning and thinking differently.
Lack of limitless quantity of voices does little inherently to degrade the quality of conversation, though of lack of diversity certainly does.
I have met singular people on the fediverse that I have learned more from and that contain more powerful words than entire swaths of corporate social media. It isn't because normies suck it is that there is no oxygen in the room in those places like there is here and it leads a culture of constant self betrayal, and a feeling of ever present glare.
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Fuck spez
Reddit has said it is working to convince logged-out users to create accounts as logged-in users, which are more lucrative for its business.
wat
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Off topic but... Is that pic of spez doing the Poison Brett Michael's thing?
He looks like an evil elf. Actually, both of them do.
Funny. I actually noticed this the other day but thought it was isolated. For a couple days every time I'd google something the first result would be Facebook until I forced it to search for reddit
Lol
Pity.
ladidadida shlob on me knob