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Reddit risks losing its identity in pursuit of profits(www.techzine.eu)

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Reddit isn’t profitable, despite having more than 50 million daily active users. In preparation for an IPO, CEO Steve Huffman put the platform’s API

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TheEllimist@lemmy.world
4 points

Reddit bought imgur though, didn’t they? So that’s part of their expenses.

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ikidd@lemmy.world
3 points

Imgur started out as a convenient way to host images for Reddit, but Reddit did everything they could to make sure Imgur didn’t stay that way. That’s why they introduced their shitty inhouse image hosting.

Imgur just kinda goes on by itself now, fairly successfully it seems.

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kien@lemmy.world
2 points

When did reddit bought it? Wikipedia said owner is MediaLab AI, Inc.

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TheEllimist@lemmy.world
1 point

Ok, I wasn’t sure, hence the question mark.

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DilipaEli@lemmy.world
1 point

Oh I actually didn’t know that. That indeed changes my perception a little bit

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