Should we all short it at the same time?
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Fuck spez
Reddit has benefited from Google search updates and internal site improvements that have helped it gain a significant amount of new and returning users, which the social company refers to as logged-out users, over the past year and a half. Reddit has said it is working to convince logged-out users to create accounts as logged-in users, which are more lucrative for its business.
Expect to see more login paywall bullshit from Reddit.
The best way to increase the usage base of a social media site is to block people from accessing it. Everybody knows that.
"Plunge"
-13% after hours on one day is huge. Many stock markets having emergency stops if the main index drops by 10% in a day.
It's referring to that after-hours part.
In other news, Lemmy stock mooned infinity% from 0.00 to 0.00 plus beans.
Beans!
Reddit has said it is working to convince logged-out users to create accounts as logged-in users, which are more lucrative for its business.
By "convince," they mean:
- Popup to automatically sign in with Google
- A button right under where you close that popup that shows a QR code to install the app
- Bottom bar on mobile telling you to make an account
- Clicking an upvote or downvote button instantly sending you to the account signup page, even if clicked by accident
- Full-screen popup only on mobile to download the app if you're accessing anything NSFW (includes posts that simply have too much vulgar language, and are considered "NSFW" in that community, as well as any account page for an account that has ever made an NSFW post)
Yes, very convincing, heavily coercive even!
No, user numbers are not down because of a Google change. User numbers are down because they went ban crazy during the election and Luigi stuff.
If you ban people who produce your content, your site quality & engagement declines. It’s not rocket science.
Btw, they’re definitely reversing some of these bans to try to pull people back, and inflate the number of “returning” users. They permabanned two of my accounts for wrongthink during the election, and they’ve already reversed one with no prompting from me at all, after denying appeals months ago.
they are still ban crazy since last week. i and many people had several accs sitewide banned
Yeah, my alt account was re-banned after I posted this comment. I guess they unbanned a bunch before the earnings call to boost their numbers? Dunno.
seems like they are on the verge of selling reddit off, since they have been banning since NOV, in large waves(3 according to some people). i was in a forum where the people that use of had 10-50+ all gone at once.
At this point, I check every comment I leave on the platform in an incognito window. A good half of them get shadowremoved for no reason. How do they not get that new users are going to leave if nobody reads, votes on, or replies to their comments?
I've had like 5 comments shadowremoved from the conservative subreddit because I guess the large oceanographic feature south of the United States gets caught in their word filter, and they hate the Constitution
That’s the thing about corporate America. As soon as you go public, the only thing that matters is the next quarter. The long term health of the company isn’t even on the radar.
They don’t care if people eventually leave, so long as they stick around long enough to attract advertisers for this quarter.
A lot of that shit in the media right now. Story today on NPR about how car sales slumped in January and they blamed it on the weather, and while the weather might be a component of a slump i think theirs a lot of people out there nervous about the economy and taking a wait and see attitude, and that contributed more to slumping car sales than the weather.
NPR has always been capitalist propaganda. They’re happy to be a mouth piece for empire propaganda, including gaslighting people into ignoring their own economic struggles.
Jfc that thumbnail of Huffman's face triggered me. How did he manage to make his face look MORE punchable??
It's almost like communication platforms shouldn't have profitability as their main goal... maybe they could be... distributed... like some sort of... federation. Yeah. That's it. Then everyone would follow along like... lemmings or something
Holy hell how much plastic did Huffman invest to look like a dollar general bond villain.