this post was submitted on 31 Mar 2025
901 points (98.9% liked)

News

28464 readers
4345 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 2 years ago
MODERATORS
 

Summary

Reddit shares have dropped 50% from their February peak, when the stock had soared over 500% from its $34 IPO price last March.

Much of the early enthusiasm came from AI-related deals allowing Reddit’s content to be used for training models, but recent doubts about long-term growth in the AI sector have dimmed that optimism.

Analysts remain skeptical and some call the stock “super overvalued,” noting Reddit still is not making any money.

Market uncertainty and early investor sell-offs continue to weigh on Reddit and the broader tech sector.

Non-paywall link

top 50 comments
sorted by: hot top controversial new old
[–] [email protected] 20 points 6 days ago (6 children)

I still have no idea why I got permanently banned. The interestingasfuck subreddit said I had multiple violations across accounts—something vague about participating in the Trump subreddit. Apparently, if you so much as post in that subreddit—whether you’re agreeing with them or talking shit to the MAGAts—then go back to interestingasfuck or any other sub with the same rules, they’ll permaban your account. And not just that one—they’ll ban any new accounts you try to make too. So honestly… I guess I DO know why I was banned, but compared to the vitriol I’ve seen on there, mine was not warranted. I’ve even appealed. Fucking hate Reddit now. Cowards.

[–] [email protected] 9 points 6 days ago (1 children)

Apparently all you have to do to get banned from Reddit these days is to hope Musk's penis implant explodes and burns him to death from the dick up. Worked for me!

[–] [email protected] 6 points 6 days ago (1 children)

Yep, someone in another sub once said "I hope your plant dies" and their whole account was permbanned for "inciting violence". Against a plant. Hysterical. That site is cooked.

[–] [email protected] 2 points 6 days ago

I get banned once for saying I wanted to see justice done. "Inciting violence."

[–] [email protected] 9 points 6 days ago (1 children)

You were banned because you were obviously a person.

Have you seen the comments lately? Most of it looks like AI bots are replying to AI, upvoted by other AI bots.

[–] [email protected] 4 points 6 days ago

You got me really curious so I prompted ChatGPT to give me a redditor style comment that's anti-Trump followed by another far-left redditor's reply to it and this is what it gave me:

Original Comment (Left-Leaning Anti-Trump Perspective):

"It's honestly mind-blowing how Trump still has a cult following after everything. The man was impeached twice, incited an insurrection, and openly grifts his supporters with fake fundraising schemes. And yet, somehow, people still think he's their 'savior.' The cognitive dissonance is off the charts."

Far-Left Redditor Response:

"Because the system is fundamentally broken. Liberals act like voting blue is enough when the entire establishment—from corporate Dems to the GOP—is complicit in maintaining capitalism's stranglehold. Trump is just a symptom of the rot. The real solution isn’t 'vote harder'; it’s dismantling the system that enabled him in the first place."

^ -- this seems to be disturbingly accurate, I can only imagine this being produced at automated scale at this point.

[–] [email protected] 4 points 6 days ago

I don’t care about being banned and I never read replies or check my inbox because it’s the internet and I don’t care.

[–] [email protected] 4 points 6 days ago

Same with offmychest. Banning people like that is also against reddit tos but reddit couldn't give less of a shit.

[–] [email protected] 3 points 6 days ago* (last edited 6 days ago)

Its a really weird place during elections, they've basically banned anyone with the opposing view on enough issues that its a full blown echo chamber. People then go crazy during elections trying to get their guy to win and the echo chamber grows exponentially.

[–] Sculptor9157 0 points 6 days ago
[–] [email protected] 11 points 6 days ago

Good riddance

[–] [email protected] 8 points 6 days ago

Good, fuck Reddit

[–] [email protected] 4 points 6 days ago (1 children)

Good, Reddit treats its users like preschoolers. If you say something even slightly against their rules, they ban you.

[–] [email protected] -4 points 6 days ago

Just like Lemmy admins do!

[–] [email protected] 2 points 6 days ago

Let me know when spez is living under a bridge, so I can go piss in his cardboard-box shelter.

[–] [email protected] 0 points 5 days ago

didn't we post this like two weeks ago, it's gonna sit in my feed for another week

[–] [email protected] 207 points 1 week ago (8 children)
[–] [email protected] 82 points 1 week ago (11 children)

Reddit is not coming back. I know when a site is dead

[–] [email protected] 36 points 1 week ago

Yep it's been slowly declining for years. There's no coming back from what a shithole it now is

load more comments (10 replies)
load more comments (7 replies)
[–] [email protected] 177 points 1 week ago (4 children)

Lets take a platform driven by community participation and ostracize community users. Yeah that'll work out well.

Reddit getting Digged and me likey.

[–] [email protected] 39 points 1 week ago (1 children)

That is a deep cut reference. They are relaunching as an AI play.

That will bring back the people who were providing the free content.

(/s on the last part)

load more comments (1 replies)
load more comments (3 replies)
[–] [email protected] 125 points 1 week ago (3 children)

Aww, did Spez trade the family cow for some "magic" beans?

Good luck rebuilding the farm now, buddy.

load more comments (3 replies)
[–] [email protected] 98 points 1 week ago (1 children)

I remember the early days of Reddit when it really felt like a community project. Back then, they had the goodwill necessary that Redditors would have personally financed a chunk of the costs of running particular Subreddits. Not anymore. That goodwill is gone.

load more comments (1 replies)
[–] [email protected] 86 points 1 week ago (4 children)

The censorship going on there is crazy. I understand a site needs to tamp down on violent rhetoric but they crossed the line into absurdity. They banned me for calling out the racism in the GOP platform.

[–] [email protected] 58 points 1 week ago (17 children)

You sound like a far left lunatic. Welcome to Lemmy!

load more comments (17 replies)
load more comments (3 replies)
[–] [email protected] 85 points 1 week ago (1 children)

Spez fundamentally misunderstands what Reddit is and who it belongs to: the people making the posts and providing the content. The more he alienates the users, the less value Reddit will have. He's shot himself in the foot and he's getting ready to fire again.

[–] [email protected] 37 points 1 week ago (1 children)

Oh he does, he just doesn’t care.

The line goes up, then you sell out to some anticompetitive behemoth to eat before it implodes. That’s how it works.

load more comments (1 replies)
[–] [email protected] 64 points 1 week ago (1 children)

It's not just the AI bubble, it's a distinct lack of faith in Huffman and as a CEO. He's not forward-thinking enough, he hasn't understood where the company's value lies, and he's ridiculously distracted by the latest shiny tech things (reddit NFT avatars, reddit crypto, reddit AI).

I fully expect Google to buy reddit at some point, exclusively harvesting all the info for their search engine, all the content for their AI models, and all the submission/view/voting data for their user profiles (what are you interested in, what do you think of these concepts, where are you connecting from, here are more ads we can send you, and these are arguments that might sway you in purchasing or other decisions).

load more comments (1 replies)
[–] [email protected] 61 points 1 week ago (1 children)

Tends to happen when you ban all of your users

load more comments (1 replies)
[–] [email protected] 53 points 1 week ago (10 children)

If you deleted your content, reminder to go back and check it again. Despite running a deletion from my GDPR export data, yesterday I noticed a bunch of comments suddenly showing up on my account that weren't there before so I i had to rerun the deletion.

load more comments (10 replies)
[–] [email protected] 51 points 1 week ago (1 children)
load more comments (1 replies)
[–] [email protected] 48 points 1 week ago (5 children)

Spez can suck a taint. I was on there forever and immediately bounced once that bullshit banning stuff started happening. Should have left sooner but that was the final straw

load more comments (5 replies)
[–] [email protected] 41 points 1 week ago (6 children)

Their only utility now is in five year old comment threads discussing niche topics, and that can only stay relevant so long.

load more comments (6 replies)
[–] [email protected] 40 points 1 week ago (2 children)

A "dip" is when the stock goes back up. This is a correction

load more comments (2 replies)
[–] [email protected] 38 points 1 week ago (4 children)

lol. It's only going to get worse. The site used to be the top place to look something up, now it's just going to be full of deleted answers and disappointment.

load more comments (4 replies)
[–] [email protected] 37 points 1 week ago (7 children)

Maybe if they didn't ban their (majority) liberal users for having "opinions" on the current government, after nonstop rhetoric from conservatives.

load more comments (7 replies)
[–] [email protected] 34 points 1 week ago (4 children)
load more comments (4 replies)
load more comments
view more: next ›