this post was submitted on 08 Jun 2023
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just so this doesn't overwhelm our front page too much, i think now's a good time to start consolidating discussions. existing threads will be kept up, but unless a big update comes let's try to keep what's happening in this thread instead of across 10.

developments to this point:

The Verge is on it as usual, also--here's their latest coverage (h/t @dirtmayor@beehaw.org):

other media coverage:

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[–] Stormyfemme@beehaw.org 11 points 1 year ago* (last edited 1 year ago) (1 children)

Again anything public facing is a lie. The rich investment firms know that it's designed just to try and placate an unruly userbase. Now if something comes of it? Then they'll care. If the blackout happens I wouldn't be shocked if there's wholesale usurpation of the mod teams to reopen the big ones.

e: typo

[–] Thrashy@beehaw.org 10 points 1 year ago (1 children)

I fully expect that subs with major frontpage presences are going to get taken over by the mothership and reopened almost immediately. They may even be able to find some poor saps to mod them, at least for a couple weeks until they realize that's a full-time job. But the smaller subs are what long-time and power users end up diffusing to and what keeps them engaged with the site over time, and those are likely going to be dead or zombies shortly. Any investor putting money into Reddit for any reason other than short-term trading or hoping to be at the front of the line to pick over the corpse in a few years has failed to do their due diligence.

[–] neo@lemmy.comfysnug.space 1 points 1 year ago

Now is the perfect time to short reddit stock :o