just so this doesn’t overwhelm our front page too much, i think now’s a good time to start consolidating discussions. existing threads will be kept up, but unless a big update comes let’s try to keep what’s happening in this thread instead of across 10.
developments to this point:
- Apollo for Reddit is shutting down
- Reddit is Fun will also shut down
- Reddit CEO (/u/spez) is going to hold a AMA about the API update
- Sync has announced it is shutting down
- ReddPlanet has announced it is shutting down
- Reddit creates an API exemption for noncommercial accessibility apps
The Verge is on it as usual, also–here’s their latest coverage (h/t @[email protected]):
He is essentially saying, “we are unable to make a profit, so our plan is to use someone else’s profit to make money.”
What I think he’s going for is sympathy points, but he did not read that back lol
I think at point it’s the sole goal of Reddit to pump their ad revenue numbers until the IPO.