• ALoafOfBread@lemmy.ml
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    2 months ago

    It’s almost like communication platforms shouldn’t have profitability as their main goal… maybe they could be… distributed… like some sort of… federation. Yeah. That’s it. Then everyone would follow along like… lemmings or something

  • I Cast Fist@programming.dev
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    2 months ago

    As someone who has to check reddit once in a while, they’ve begun to completely hide the topic and replies of some threads. Luckily, old.reddit still works. I’m not going to log in to see shit that is public.

    I wonder if the “google search benefit” also includes google down ranking lemmy instances

  • Xanthobilly@lemmy.world
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    2 months ago

    Reddit has benefited from Google search updates and internal site improvements that have helped it gain a significant amount of new and returning users, which the social company refers to as logged-out users, over the past year and a half. Reddit has said it is working to convince logged-out users to create accounts as logged-in users, which are more lucrative for its business.

    Expect to see more login paywall bullshit from Reddit.

    • henfredemars@infosec.pub
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      2 months ago

      The best way to increase the usage base of a social media site is to block people from accessing it. Everybody knows that.

        • Plebcouncilman@sh.itjust.works
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          2 months ago

          I was permabanned because I made fun of anime on a non anime board and it was reported as “bullying and harassment “.

          Fuck your Chinese cartoons.

        • grue@lemmy.world
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          2 months ago

          I was “suspended” (by the admins, from the whole site – not just banned by mods from a particular subreddit) because I accurately reported misinformation in r/conservative and the snowflake mods whined that it was “report abuse.”

      • parody@lemmings.world
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        2 months ago

        It’s too bad when one person on planet Earth has published a solution to a problem you have. And it’s some random commenter on Reddit from a few years ago. And under optimal conditions, the only thing to do would be to give a little thank you.

  • aramis87@fedia.io
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    2 months ago

    “It primarily affects logged-out users in the U.S.,” he said. “This one was particularly interesting because there really was a swing down, but then a recovery shortly thereafter happened right at the end of the quarter.”

    Show me the graph, spez. Pics or it didn’t happen!

  • surph_ninja@lemmy.world
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    2 months ago

    No, user numbers are not down because of a Google change. User numbers are down because they went ban crazy during the election and Luigi stuff.

    If you ban people who produce your content, your site quality & engagement declines. It’s not rocket science.

    Btw, they’re definitely reversing some of these bans to try to pull people back. They permabanned two of my accounts for wrongthink during the election, and they’ve already reversed one with no prompting from me at all.

    • flop_leash_973@lemmy.world
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      2 months ago

      I got an account strike the other day and a post removed “by Reddit” according to the message for saying something to the effect of “protests without a threat of violence behind it doesn’t mean much to those in power these days” on a thread about some ongoing protests.

      Something about a site rule violation for advocating for and/or calling for violence.

  • DogPeePoo@lemm.ee
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    2 months ago

    The stock’s valuation makes no sense at all. A market cap of 38 billion on no revenue and declining growth?

    Get fucked, Spez.

    • Billiam@lemmy.world
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      2 months ago

      Oh boy, wait til you see Tesla!

      As the saying goes, “The market can remain irrational longer than you can remain solvent.”

  • shalafi@lemmy.world
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    2 months ago

    Reddit’s sales jumped 71% in the quarter from $250 million a year earlier, the fastest growth rate for any quarter since 2022.

    The company said first-quarter sales will be between $360 million and $370 million, ahead of the average analyst estimate of $358 million.

    Net income almost quadrupled to $71 million, or 36 cents a share, from $18.5 million, or breakeven on a per-share basis, a year earlier. Reddit reported adjusted earnings of $154 million in the fourth quarter, topping analysts’ expectations of $128 million.

    Reddit went public in march at $34 a share and has since seen its stock jump more than sixfold to $216.47 as of Wednesday’s close. The shares were up 32% this year prior to the after-hours selloff.

    Sounds like I should have gone all-in on reddit stock. (If I had had money.)

    Lemmy: HA! Reddit’s DYING!

    Fuck me, the site is poisonous with bots and manipulation, but I’m not going to act like it’s failing. Same exact deal with Facebook. If I find a promising link to those sites, I’ll have a look. Otherwise, don’t participate.

  • ArchRecord@lemm.ee
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    2 months ago

    Reddit has said it is working to convince logged-out users to create accounts as logged-in users, which are more lucrative for its business.

    By “convince,” they mean:

    • Popup to automatically sign in with Google
    • A button right under where you close that popup that shows a QR code to install the app
    • Bottom bar on mobile telling you to make an account
    • Clicking an upvote or downvote button instantly sending you to the account signup page, even if clicked by accident
    • Full-screen popup only on mobile to download the app if you’re accessing anything NSFW (includes posts that simply have too much vulgar language, and are considered “NSFW” in that community, as well as any account page for an account that has ever made an NSFW post)

    Yes, very convincing, heavily coercive even!

    • dontbelasagne@lemmy.world
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      2 months ago

      So glad I got banned from that site (Not for anything wrong, I just pissed off the wrong power hungry mods which resulted in a site wide ban.)

    • Tower@lemm.ee
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      2 months ago

      I love when I’m troubleshooting something, click on a record link from like 2018, and get a modal encouraging me to “join this trending conversation!”

    • Saleh@feddit.org
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      2 months ago

      -13% after hours on one day is huge. Many stock markets having emergency stops if the main index drops by 10% in a day.