Reddit forces personalized ads, starts X-like user payment program
arstechnica.com
Like it or not, Reddit wants to "improve ad performance."

I left a couple of months ago. Couldn’t be happier.

The writing is on the wall. The leader thinks the Genius-with-hair-transplants is a superstar, despite destroying a globally recognised brand. Inspired by this, Spez is trying to get Reddit ready for an IPO. This means, maximise profits by any means.

  • Fullest@sh.itjust.worksEnglish
    2·
    1 year ago

    Ars and Reddit are under the same parent company, conde nast or however that’s all structured. I also have noticed ars seems to write very frequently about Reddit, even if it is usually in a critical light.

    I get mixed feelings about articles like this one.

    • Kazumara@feddit.deEnglish
      2·
      1 year ago

      They spell the correct relationship out clearly in the article:

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

      • Thetimefarm@lemm.eeEnglish
        1·
        1 year ago

        No they got bought back a few years later. They’re majority owned by the same parent company as Ars. Tencent also has some pretty big investments in Reddit.