this post was submitted on 23 Jun 2023
91 points (94.2% liked)

Technology

59669 readers
4135 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
 

A stark business reality faced Reddit before a user uprising engulfed its site this month: slowing sales growth. Reddit’s revenue rose 38% in 2022 to about $670 million last year, two people familiar with the matter said, faster than many other internet ad firms but a steep slowdown from the ...

top 7 comments
sorted by: hot top controversial new old
[–] rainfern 40 points 1 year ago (1 children)

I mean sure, good news is always welcome, but if I'm bombarded by a website by cookie request, download the app AND fullscreen newslettersignup popups... I'm out. Jesus christ.

[–] Killer 12 points 1 year ago (1 children)

For real, it got to the point that it is literally unuseable in browser on mobile

[–] frostphunk 6 points 1 year ago* (last edited 1 year ago)

Is there a bot which would copy paste from article to comment section?

[–] Toasteh 18 points 1 year ago (1 children)

How is it these huge companies fail to realize that they had a killer year due to covid putting more people online? You aren't going to match it no matter what.

[–] MercuryUprising 5 points 1 year ago (1 children)

But what about if they use ai to create some ar for their vr set? Surely that will bring everyone back.

[–] [email protected] 3 points 1 year ago

That might not be enough, better mint it into an NFT and put it in a self driving car.

[–] [email protected] 7 points 1 year ago

Searched for the headline, found one or two copies? Looks like the article is either only a single paragraph or that's all they're gonna show. Either way, here it is:

A stark business reality faced Reddit before a user uprising engulfed its site this month: slowing sales growth.
Reddit’s revenue rose 38% in 2022 to about $670 million last year, two people familiar with the matter said, faster than many other internet ad firms but a steep slowdown from the more than doubling of revenue the company experienced in 2021 over 2020.