The gloomy sentiment around Reddit Inc. has failed to dissipate after its shares fell 50% from a February high, with volatile technology stocks under pressure.

      • jballs@sh.itjust.works
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        1 year ago

        I used to use RiF and loved Sync for Lemmy too. I just wish the developer would fix the bug for posts showing unread! It’s completely stopped me from using the app for something like 6 months now.

        • Resonosity@lemmy.dbzer0.com
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          1 year ago

          What do you mean my that? Like, your own posts or those of others?

          Not sure I’m seeing that on my side. Could be wrong tho

          • jballs@sh.itjust.works
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            1 year ago

            It depends on the version of Lemmy that your instance is running. My account is on sh.itjust.works which upgraded Lemmy versions a few months ago. Apparently it changed a parameter name that keeps track if a post has been read or not.

            So on Sync, you can click on posts, but they never show as read. It’s super annoying, so I went back to Voyager.

      • jballs@sh.itjust.works
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        1 year ago

        There are a few minor cultural differences to be aware of. But as long as you avoid saying anything negative about Star Trek or Linux, you should be just fine.

  • db2@lemmy.world
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    1 year ago

    Gee, that’s too bad. It would be a real shame if that piece of human garbage Steve Huffman lost everything. A crying shame.

    • Cruxifux@feddit.nl
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      1 year ago

      I can’t even think of a time in history where someone was a huge piece of shit in America and “lost everything.” Maybe R Kelley, P Diddy, and Bill Cosby? But only for the time they spent in whatever rich guy jail they got to go to and then they were fine.

      • TheFeatureCreature@lemmy.ca
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        1 year ago

        Elizabeth Holmes comes to mind. She manoeuvred herself into a position of wealth and power by defrauding other rich people and got herself 11 years in prison for it. That’s 11 years more than most other rich scumbags get.

        • Billiam@lemmy.world
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          1 year ago

          And that just goes to show:

          The only time rich people are held accountable in the US, is when they fuck with other rich people’s money.

  • flop_leash_973@lemmy.world
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    1 year ago

    Once a company becomes publicly traded it always gets worse. Once the shareholders are closer to the executive compensation packages than the customers/users it is all downhill. It is like clockwork.

    Might take a year, might take 10, but the result is inevitable.

  • iridebikes@lemmy.world
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    1 year ago

    I left Reddit today. I’m not looking back. I’m absolutely done with these organizations that bow to fascist whimsy and demands. Pathetic stuff from Steve and the admins at Reddit. I hope their stock tanks and they lose their ass.

  • redwattlebird @lemmings.world
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    1 year ago

    It’s always been ridiculous to me that what is essentially a forum has shareholders. That’s why I left Reddit during the app debacle and haven’t looked back.

  • RawDog@lemmy.world
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    1 year ago

    Good, Reddit has no place in the stock market and no amount of enshittification can save them from this fate.

  • _druid@sh.itjust.works
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    1 year ago

    All I use reddit for is porn now, so the ads are really easy to spot. Like if I see someone trying to show me tupperware when I was just looking at goth girls and femboys, I know to keep scrolling.

  • Vanilla_PuddinFudge@infosec.pub
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    1 year ago

    I feel like I have simpler reasons for leaving Reddit.

    The third party apps quit working and the site and app run like shit and take forever to load.

    Simple problems, simple solutions.

    • shinratdr@lemmy.ca
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      1 year ago

      That’s actually the main reason most left, Lemmy has never seen a bigger increase in MAU before or after the death of 3rd party apps.

      Not to say the other stuff isn’t important, but for me Reddit WAS Apollo. Without it, it didn’t even feel like the same service. Enough people felt the same about their preferred apps that they left en masse in 2023.

  • Etterra@discuss.online
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    1 year ago

    Good. As shitty as they’ve been and as hostile as they’ve become to their own users, I’d live little more than watching the entire damned things crash and burn. More (but still not very) likely though is them desperately selling off before it completely self destructs. Of course if they do sell it, whoever they sell to will likely either make things worse or just shutter it. Most likely they’ll stay the course and continue hemorrhaging usefulness and thus popularity.

    Any way you read the cards Reddit is in a tailspin that they seem unwilling to do what is necessary to pull out of. Which is to say, they’re too stubbornly idiotic to reverse their stupid, stupid changes and make a more open, user friendly, and community friendly platform. And I don’t see Spez being that smart.

    • farngis_mcgiles@sh.itjust.works
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      1 year ago

      All the people that ruined the site will get a nice golden parachute. The C suite doesn’t give a shit what the company actually does. They are there to make sure the important investors get a return on investment and that is it.