I mean there’s Reddit ofc, as well as Twitter in its entirety, Discord is implementing some dumb updates, there are issues with Tumblr as well as everything to do with Meta, and I’m sure there are plenty more (and I haven’t even touched other digital media, for example the Sims). Why is it all happening in the span of about a couple months?

  • Ulu-Mulu-no-die@lemmy.world
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    1 year ago

    It’s public trading, it’s financial slavery, you’re forced to grow your profits and cut costs more year after year and that’s totally unsustainable in the long run, they should change the parameters used to value companies but that’s not going to happen in the world we live in.

    I hate what’s happening on reddit as much as everyone else but it’s very understandable from a business point of view, they’re going public later this year, their only purpose right now is to please investors, everything else doesn’t matter.

    Anyone in spez’s shoes would indeed do the same tho most probably in a smarter way (I don’t think he’s very smart, judging by what he did and said so far).