And no one knows where the p.o.s. who approved the gruesome murder of a Russian deserter and then mocked the EU Parliament by "gifting" them murder weapon is
I’m pretty sure things are proceeding, if not perfectly, then at least within expectations. They’re attacking at multiple locations, forcing Russians to respond with reserves. Whenever the reserves move to one location, the attacks at the other locations pick up, forcing the reserves to move again, weakening other areas, where the pressure picks up again. Each location is only inching forward (if “kilometers gained” counts as inching) but the point is to stretch the Russian logistics and morale to the breaking point. And eventually it will break.
They did this May 31st. I know the API was announced in April but the main details were early June, and the real shit show began around June 8th I think. And this is definitely before advertisers started reconsidering where they spend their money. So we haven't even seen the effects of the dumpster fire yet. There's probably more devaluation yet to come.
That's wonderful. Another self destructive strategy. I also deleted my account and posts on Twitter a couple of weeks ago. The Reddit debacle left me wondering, what the hell am i still doing on Twitter anyways? And now i am free of both accounts 😎
goood!
Reddit behaved in such a horrible way, that I feel like API pricing was the least of the bad...
One could argue about their fairness and aim to destroy 3rd party apps, and I had already closed my accounts at that very step.
But the way they treated mods, forced subs to open and behaved like pure evil assholes, I really see how companies or more "official" subreddits with a touch of interest in their users, would feel the desire to leave and close bridges
Nice, I have become a big fan of Perun since the Russo-Ukrainian war started. I did not know I needed 1 hour power point presentations about defense logistics in my life, but apparently I did.
I've been a long time Redditor and an Apollo user for about a year. I even paid for it. The main draw for me was the lack of advertising. In the back of my head I kept thinking that it couldn't last. Reddit is losing revenue from the lack of advertising views. It didn't...
Reddit makes $350m a year in advertising revenue, it is in theory a fantastically successful business that could make plenty of profit for its shareholders.
The problem is solely down to them raising more and more capital the latest at a $10B valuation. Because of this they need to increase the revenue even further to try and justify the inflated valuation and that is what has led to the latest situation.
If Reddit has an employee on staff as a mod that can approve posts, then they lose safe harbor protections. Anything that mod approves is considered representative of Reddit, giving them editorial control and causing them to be handled more strictly. https://caselaw.findlaw.com/court/us-9th-circuit/1856011.html
Further, if Reddit gave bonuses to mods, then mods would be considered unpaid employees. Any kind of "swag" or quid pro quo for being a mod of a big subreddit increases the chances that those moderators will be considered unpaid employees by the Department of Labor. AOL famously got in big trouble for giving free/discounted internet access to their volunteer moderators. https://casetext.com/case/hallissey-v-america-online-inc-sdny-2002 (Settled in 2009 for $15 million in back pay.)
Combining the two is terrible news for Reddit and would make their business model absolutely unsustainable. Every mod would be an employee and every post would be representative of Reddit as a company. If a mod approves a link to copyrighted material, then Reddit could be sued.
A brilliant article by TIME Magazine: „How the Ukraine Counteroffensive Can Still Succeed“ (time.com)
Everything you needed to know what is happening in the war, why the counteroffensive is slow, and why Ukraine is still strongly favored to win.
I just finished watching The Prestige (2006), and I have to say..... wow. (lemmy.world)
I am still having trouble deciding who really was the better magician. Perhaps the Nolan brothers are the answer.
Explosions reportedly hit Crimea’s Kerch bridge as Russia cites ‘emergency situation’ (www.theguardian.com)
Traffic heading towards the bridge was stopped early on Monday while a ferry service linking Crimea with Russia has been paused
70 House Republicans voted to cut off all US military aid to Ukraine (www.businessinsider.nl)
Rep. Matt Gaetz offered an amendment to the annual defense bill to cut off all military aid to Ukraine. The measure easily failed — but 70 House
UK Ministry of Defence - 9th of July update
UK Ministry of Defence - 4th of July Update
Estimated Russian losses from 24.02.2022 to 03.07.2023 (Day 495)
In Bucha, a monument with the names of the victims of the massacre committed by the Russian army was erected. (press.coop)
Russia-Ukraine war: Ukrainian troops 'advancing steadily' (www.telegraph.co.uk)
Ukrainian troops are “advancing steadily” in their counteroffensive but progress remains unsurprisingly slow, the US’s top general has said.
Estimated Russian losses from 24.02.2022 to 01.07.2023 (Day 493)
Fidelity cuts Reddit valuation again (techcrunch.com)
Fidelity has further slashed the estimated worth of its holdings in Reddit and Discord as well as SaaS startup Gupshup.
[The Verge] Twitter has started blocking unregistered users (www.theverge.com)
UK Ministry of Defence - 29th of June update
Minecraft is leaving Reddit
Ukraine's Counter Offensive (So far) - Attrition, Adaptation & What Next? (www.youtube.com)
Do You Think There Would Have Been a Large Protest if Steve Huffman Just Said We're Charging to Use the API to Increase Revenue?
I've been a long time Redditor and an Apollo user for about a year. I even paid for it. The main draw for me was the lack of advertising. In the back of my head I kept thinking that it couldn't last. Reddit is losing revenue from the lack of advertising views. It didn't...