this post was submitted on 04 Jul 2023
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AMAs are the latest casualty in Reddit’s API war (arstechnica.com)
submitted 1 year ago by abaixodecao@lemmy.world to c/technology@lemmy.world
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[–] ruleman@feddit.nl 143 points 1 year ago (3 children)

That's not just any publication, it's owned by Reddit's largest shareholder. They must be worried.

[–] can@sh.itjust.works 164 points 1 year ago (1 children)

Reddit created a way to drive more people to its native apps (where Reddit shows ads and generates revenue) as of July 1. But we can't overlook that Reddit was built on people's willingness to provide free content and labor, and the API battle has driven away some of the most popular content and veteran volunteer mods.

Reddit won the battle for API fees, but the war for desirable content—something no social media platform can ever be complacent about—is at risk. And that's not the type of problem that ousted mods and forcibly reopened subreddits can fix.

Advance Publications, which owns Ars Technica parent Condé Nast, is the largest shareholder in Reddit.

This is too good.

[–] kna@lemmy.blahaj.zone 54 points 1 year ago (1 children)

the last line in that article gave me whiplash. like oh shit

[–] db2@lemmy.one 24 points 1 year ago

spez: We have always been at war with Eastasia. Victory Gin for everyone.

[–] cmdrfire@lemmy.villa-straylight.social 66 points 1 year ago

Tbf Ars is extremely editorially independent

[–] lightrush@lemmy.ca 12 points 1 year ago (2 children)

I'll be damned. I had no idea Conde Nast owned it. That said I can see a more recent injection of $150M by Tencent too.

[–] sorenant@lemmy.world 16 points 1 year ago (1 children)

On an unrelated note, r/sino is now a default sub.

[–] humanreader@infosec.pub 4 points 1 year ago

That PRC echo chamber of a sub?

[–] Fireinthesky7@lemmy.world 5 points 1 year ago

Conde Nast has owned Reddit in some part since at least 2012. They've tended to stay pretty hands off with it though.