Reddit forces personalized ads, starts X-like user payment program
arstechnica.com
Like it or not, Reddit wants to "improve ad performance."

I left a couple of months ago. Couldn’t be happier.

The writing is on the wall. The leader thinks the Genius-with-hair-transplants is a superstar, despite destroying a globally recognised brand. Inspired by this, Spez is trying to get Reddit ready for an IPO. This means, maximise profits by any means.

  • Tygr@lemmy.worldEnglish
    29·
    1 year ago

    I guess they didn’t make API millions by charging usage fees? Scraping the bottom of the barrel now while people use the site less and less.

    • Auli@lemmy.caEnglish
      111·
      1 year ago

      I bet the they lost single percent of people. And most use it and don’t care.

    • herrvogel@lemmy.worldEnglish
      5·
      1 year ago

      The API fees clearly weren’t made to make money directly though, it was meant to get rid of 3rd party clients so they could more effectively do what the OP is about.