Technology

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Rumors, happenings, and innovations in the technology sphere. If it's technological news, it probably belongs here.

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a megathread for developments on Reddit and with third-party Reddit apps (beehaw.org)

submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]

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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:

The Verge is on it as usual, also--here's their latest coverage (h/t @[email protected]):

It’s not just Apollo: other Reddit apps are shutting down, too

other media coverage:

Reddit CEO doubles down on attack on Apollo developer in drama-filled AMA

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[–] [email protected] 42 points 1 year ago (2 children)

This whole situation feels like a short term revenue grab. I bet shareholders are trying to inflate the numbers in order to cash out in the IPO.

[–] [email protected] 22 points 1 year ago

Yeah. I think this is pretty much the accepted narrative. Kill the 3P apps -> Consolidate the user base -> Serve everyone adds -> Hopefully turn a profit -> Go public or sell the company -> Founders/Investors cash out and profit.

The collateral damage is that they risk killing the culture that makes Reddit a place people want to congregate.

[–] imperator 12 points 1 year ago

This is likely the case. I'm sure we'll see an IPO this year or early next after they've pumped up numbers.