this post was submitted on 30 Jun 2023
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[ sourced from Wired ]

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[–] DavrosRising@lemmy.fmhy.ml 3 points 1 year ago

One of Reddit major shareholders is Advance Publication. Advance Publication is a parent company to Conde Nast. Conde Nast is a parent company to Wired.

It's like Russian dolls but it all comes back to the same investment group.