this post was submitted on 20 Jun 2023
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Yeah, you're probably right, though by then hopefully it should be relatively easy to defedrate from them.
Meta, being the bloodsucking mega-corp it is, has so much money it can throw oodles of cash at anyhing that looks interesting or that has promise to suck it up.
I could see how the mods of instances may be tempted with cash to buy capacius servers instead of fighting month to month for funds, and many if not all of them have real jobs.
Still, it's meta. The worst of the worst, just in front of google as our future overlords.
Meta likely see everyone as a potential threat, and since reddit is pretty big but mail fall, they are looking at whom might succeed them and become a new competitor to meta and taking away eyes from meta and ad profit.
I wouldn't underestimate their "buy 'em out" mentality. There's a reason they're huge.
Is reddit a threat?
And, a threat for a for-profit company would be anything that reduces their revenue.