this post was submitted on 18 Jun 2023
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People are starting to place bets on Reddit's civil war — Business Insider (www.businessinsider.com)
submitted 1 year ago* (last edited 1 year ago) by can@sh.itjust.works to c/reddit@lemmy.ml
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Hundreds of people are putting money on whether the company will back-track on its new API pricing policy or oust its CEO Steve Huffman, BetUS told Insider.

The online betting company said there was "very close heat" over whether Reddit will reverse its new pricing policy.

"So far, the betting public seems very much "at odds" and are undecided on this one so far," it said.

Almost all bets have been on Huffman still being CEO by December 31, BetUS added.

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[–] Phantom_Engineer@lemmy.ml 1 points 1 year ago (1 children)

Not gonna happen. They'll stick by the API changes, maybe with some tweaks. The main structure will be the same, I'm sure.

[–] TheMinions@lemmy.world 0 points 1 year ago (1 children)

My thought is that, even if they did reverse the pricing changes, would any of the third party apps stick around? Apollo, Sync, and RiF have all announced shutdowns and I doubt pricing changes would change that at this point. I could be wrong.

[–] yesdogishere@kbin.social 0 points 1 year ago (1 children)

reddit is fucked. it can only die now. infested with right wing idiot bloggers.

[–] VexCatalyst@lemmy.fmhy.ml -1 points 1 year ago

And the fediverse isn’t? We must see vastly different versions of the fedi.

But in fairness, I also see a lot of far left idiot bloggers here. Books balance, all is good.