this post was submitted on 12 Jun 2023
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Technology

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[–] artistan@lemmy.world 1 points 1 year ago (1 children)

Unlike some of the 3P [third-party] apps, we are not profitable - Steve Huffman, Reddit CEO

Translation - we don't have control of the 3PA and they are getting in the way of moooore profit, so we want them gone.

What a shitty job at astroturphing there.

"Won't someone think of the corporations! The evil third party apps (that we admitted were less than 10% of our userbase) are (somehow) bankrupting us! They're using so much API (even though our website uses at least 5x the API calls)

[Translation: There's 10% of the people we could shove ads in front of who are getting around it and I want to sell this sucker so I can buy another vacation property]