Reddit revenue rises 20% ahead of IPO, but it isn’t profitable yet (www.businesstimes.com.sg)

REDDIT posted a more than 20 per cent rise in revenue in 2023 versus the year before, sources familiar with the situation said, as it prepares for one of the United States’ most anticipated potential initial public offerings (IPOs).

OC /r/NonCredibleDefense recieves automated notice from the admins to remove its NSFW designation, or else. Mods respond by messaging the admins a bunch of death and porn.

Link to the NCD mod's post about the matter via teddit (aka, reddit doesn't get any value from your visit): https://teddit.adminforge.de/r/NonCredibleDefense/comments/14s8l4g/re_the_nastygram_that_umodcodeofconduct_just_sent/...

Enshittification: An explanation for why Reddit (and basically all corporate social media) is getting worse (pluralistic.net)

Hey everyone, I see a lot of people throwing around the term "enshittification" to describe the long-term and systemic decline of many of the centralized social media platforms, most recently Reddit. I commented this elsewhere, but thought everyone might benefit for reading Cory Doctorow's original article coining the term. The...

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