Reddit forces personalized ads, starts X-like user payment program
arstechnica.com
Like it or not, Reddit wants to "improve ad performance."

I left a couple of months ago. Couldn’t be happier.

The writing is on the wall. The leader thinks the Genius-with-hair-transplants is a superstar, despite destroying a globally recognised brand. Inspired by this, Spez is trying to get Reddit ready for an IPO. This means, maximise profits by any means.

    • @Thetimefarm@lemm.eeEnglish
      3•1 year ago

      No they got bought back a few years later. They’re majority owned by the same parent company as Ars. Tencent also has some pretty big investments in Reddit.

    • @ryper@lemmy.caEnglish
      3•1 year ago

      It’s at the bottom of the article:

      Advance Publications, which owns Ars Technica parent Condé Nast, is the largest shareholder in Reddit.