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Steve Huffman, Reddit's CEO. On April 18, 2023, Reddit announced it would charge for its API service amid a potential initial public offering. [6] Speaking to The New York Times ' Mike Isaac, Reddit CEO Steve Huffman said, "The Reddit corpus of data is really valuable, but we don't need to give all of that value to some of the largest companies in the world for free".
A little context: Numerous Reddit communities are currently turned private, in protest of the platform's new API pricing structure, which threatens to kill many popular, third-party Reddit apps.
The plan by Reddit echoes a similar move by crosstown San Francisco rival Twitter, which under new owner Elon Musk has dramatically raised the price of its application programming interface, or ...
Prominent third-party Reddit clients Sync and Boost which had shut down due to changes to the pricing of Reddit's API began working on Lemmy clients, [14] [18] with them later relaunching as Sync for Lemmy [19] and Boost for Lemmy. [14]
June: Ransomware gang BlackCat took responsibility for the hack of social media website Reddit in which they demanded the payment of $4.5 million as ransom and reverses API price increases. The initial change of API pricing has elicited backlashes by users against the company, resulting in actions such as the blackouts of around 8,000 subreddits.
Steve Huffman (born 1983 or 1984), also known by his Reddit username spez (/ s p ɛ z /), is an American web developer and entrepreneur.He is the co-founder and CEO of Reddit, a social news and discussion website, which ranks in the top 20 websites in the world. [4]
The text states Announcing the changes, Reddit stated that the Reddit data aggregation site Pushshift — whose service was used by LLMs — violated its API rules and would be losing access to Reddit’s Data API after Reddit had been unable to contact the Pushshift team about the violations. Pushshift later announced it was live again with ...
Reddit (/ ˈ r ɛ d ɪ t / ⓘ) is an American social news aggregation, content rating, and forum social network. Registered users (commonly referred to as "Redditors") submit content to the site such as links, text posts, images, and videos, which are then voted up or down ("upvoted" or "downvoted") by other members.