this post was submitted on 29 Jun 2023
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That’s a recent quote from Reddit’s VP of community, Laura Nestler. Here’s more of it: This week, Reddit has been telling protesting moderators that if they keep their communities private, the company will take action against them. Any actions could happen as soon as this afternoon.

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[–] Rand_alFlagg@lemmy.world 3 points 1 year ago (7 children)

It's like they forgot what happened to Digg. They have forgotten the face of their father.

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[–] Zengen@social.fossware.space 3 points 1 year ago (1 children)

Im a proponent of just hammering their servers with mass DDOS. Follow black cats example and keep compromising and ransoming their data. And dont stop.

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[–] Prior_Industry@lemmy.world 2 points 1 year ago (8 children)

Who is investing in Reddit at this point? I guess they can just dump their shares against etf buying.

[–] PineapplePartisan@lemmy.world 3 points 1 year ago (5 children)

Reddit is not public, so it’s just private investors at this point that funded series tranches. They, of course, are pushing to have Reddit get profitable and then IPO.

I guess we will see what happens, but Spez may have totally messed-up their plans with the inept API pricing and the response to the concerns about it.

It could have been totally averted if they just introduced a reasonable user fee and license that could be used in any third party app.

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