In an interview Thursday with NBC News, Reddit CEO Steve Huffman praised Musk’s aggressive cost-cutting and layoffs at Twitter, and said he had chatted “a handful of times” with Musk on the subject of running an internet platform.
Huffman said he saw Musk’s handling of Twitter, which he purchased last year, as an example for Reddit to follow
@Sentinian True. I don't use Google app store (or Apple) since years and totally forgot that. Maybe the algorithm of the shop will give recommendations based on the ratings.
It won't deter those that are already using reddit on pc to download the app on their phones, but it may deter new users if their first experience is a shitty advertisement riddled app.
I’m pretty convinced that Livejournal was Russia’s test bed for weaponizing social media. I think they used it against their own citizens first, and data-mined the English-speaking side to understand how it worked, and took what they learned to perfect the shit-storm of lies on modern social media (on Tumblr/Twitter/Reddit/everywhere.)
The more I analyse the news and what is happening in the world as a whole … I don’t think nations matter any more. It doesn’t matter if you say it’s Russian, Ukrainian, American, German, Chinese or even Canadian … the power and influence is controlled by corporations and many of them have way more power and wealth than the smallest nations. They exert so much power that they influence (at least) or control (at most) every nation in the world.
They’re so wealthy and powerful that they can bend, break or manipulate any and all laws of any nation that stand in their way.
It’s not a conspiracy at this point … it’s just an observation.
This is my thought - many good content creators left and they are now desperate for getting them back. Wiping all awards and coins in the process is an idiot thing to do tho. Seems they’re just making more people mad.
I never bought coins or whatever, but I had inherited a bunch somehow. I jumped on reddit just now to find an old thread I'd saved and found this in my inbox:
Hello from Reddit,
We’re reaching out because you have Reddit Premium and/or Reddit Coins on your account.
TL;DR: We're making updates to awards and coins on Reddit that we'll complete by September 12, 2023. As part of this, we made a decision to move away from Reddit coins and awards. This includes the 700 monthly coins* and Premium Awards, which are currently part of the Reddit Premium experience.
You'll still be able to use your Reddit Coins until September 12, after which they'll be removed from your account.
Note: all other current Premium perks will still continue to exist, including the ad-free experience.
As we looked at our current awarding system, there was consistent feedback from redditors that stood out – particularly around the clutter from awards and all the steps involved with awarding content. We also learned that redditors want awarded content to be more valuable. With that, we are reworking how great content and contributions are rewarded on Reddit. We will have more updates to share soon.
If you have further questions please check out our announcement post to read more about the update.
This perk is part of the paid Reddit Premium experience.
Thought it was kind of funny considering I never once cared about coins in the first place. Just checked and apparently I have "13325 coins to spend." I'm just going to let them go unless someone has a more maliciously compliant suggestion.
I can’t think of anything too maliciously compliant. Maybe give Reddit Gold to posts describing how to join Lemmy or something? Awards should boost visibility. It’s at least a little ironic to use Reddit 's own awards to help people escape.
It’s surprising to hear this; given reddit’s current mass-enshittification I don’t expect to see a change that both improves user experience and reduces the money they’re making. Clearly they’ve got something more sinister planned, but awards were a blight on the reddit experience and had I not already left I’d appreciate this change (for now!)
So killing a feature before any replacement is ready; cool. I’m sure those who pay for premium and will stop receiving a stock of coins will see a commensurate price reduction. Right?
I just saw someone mentioning that on mastodon maybe ten minutes ago, and then it instantly made sense. How innovative he is. Even when he can see the fallout before engaging in it
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