socsa comments on Reddit stock tumbles the most on record as lack of new AI deals, US daily users metric disappoints

Technology

89,627 readers

13,807 active

2,300 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related news or articles.
Be excellent to each other!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
Check for duplicates before posting, duplicates may be removed
Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

founded 3 years ago

moderators

[–] socsa@piefed.social 41 points 3 months ago* (last edited 3 months ago) (4 children)

Never forget that they killed the API for a mere $60M AI deal.

Like, if spez apologized and restored API access, and made an effort to kick fascists off the platform, I might consider going back. But as is, I will watch with glee as he fucks over everyone stupid enough to buy his IPO.

permalink

fedilink

source

parent

hideshow 4 child comments

[–] ultranaut@lemmy.world 30 points 3 months ago

Besides apologizing and changing course, spez would need to leave before I considered going back. The way he behaved during the API BS ended my capacity to trust him in any way. Reddit as an organization, maybe they can turn things around and return to their purported values, but spez is not an honest person and will do or say anything if it serves his own interests.

permalink

fedilink

source

parent

[–] stoy@lemmy.zip 25 points 3 months ago

60M USD is insanely cheap for that data, remember, it was categorized and structured into threads and subthreads in specific categories, not to mention all different languages already being mostly sorted and ready for consumption.

They could probably have got a few hundred million USD for it if they held out longer.

permalink

fedilink

source

parent

[–] ryper@lemmy.ca 6 points 3 months ago

Most of the people who bought during the IPO probably already cashed out.

permalink

fedilink

source

parent

[–] fluffykittycat@slrpnk.net 1 point 3 months ago

At this point, I don't trust any corpo platform. If I don't already use it, I don't need it. My efforts go where it matters, not to sites that don't love me back

permalink

fedilink

source

parent