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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".
Fake news websites are those which intentionally, but not necessarily solely, publish hoaxes and disinformation for purposes other than news satire. Some of these sites use homograph spoofing attacks , typosquatting and other deceptive strategies similar to those used in phishing attacks to resemble genuine news outlets.
Enshittification, also known as crapification and platform decay, is a pattern in which online products and services decline in quality. Initially, vendors create high-quality offerings to attract users, then they degrade those offerings to better serve business customers, and finally degrade their services to users and business customers to maximize profits for shareholders.
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The White House has launched an official account on Reddit in an effort to share urgent information about the US government’s response to Hurricane Milton.. The first post from the u/whitehouse ...
On 12 August 2015 the whole of Reddit was blocked in Russia by Roskomnadzor because of a post made by a Reddit user on the site. The post is a guide for growing Psilocybe mushrooms. The block was lifted the next day after Reddit complied with Roskomnadzor's demand of blocking access from users in Russia to the specific post. [46] [47]
Reddit stock soared on its first day of trading, ending the day up nearly 50% from its initial public offering price of $34 a share.The stock closed at $50.44 on Thursday, up 48% from the IPO ...
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