• carrion0409@lemm.ee
    3·
    22 days ago

    Not surprising seeing as theyve also been unjustly banning people again. Just got booted off the site today and was given zero explanation besides I “incited violence.” The link to the supposed “violation” didnt work then when I asked in my appeal they wouldnt tell me anything. Im left to assume its because my politics didnt agree with the current regime.

    • barneypiccolo@lemm.eeEnglish
      3·
      22 days ago

      Musk has been pressuring them to go after critics of him, and the administration, and Reddit is capitulating. Cowards.

      I suspect it is because they want to buy TikTok, and they know HitlerPig will award it based on appeasement and the bribe.

      • carrion0409@lemm.ee
        1·
        22 days ago

        It’ll be funny to watch them start lifting those bans when they realize bending the knee to fascists isn’t gonna save the site. Oh well. They’ve shown their true colors as a platform.

        • barneypiccolo@lemm.eeEnglish
          1·
          22 days ago

          I’ve wondered if that will happen once they realize they’ve chased off so many core members.

          I’m not sure I’d return. I like the higher volume of posts on Reddit, especially in niche subs, but i don’t miss the bots, trolls, puns, novelty accounts, Russian karma farmers, etc.

  • Azwing@lemmy.world
    3·
    22 days ago

    I mean things could not matter potentially but I left Reddit permanently and came here cause of this.

  • UnderpantsWeevil@lemmy.worldEnglish
    31·
    22 days ago

    They have a price that’s still hundreds of times above their earnings. The stock is comically overvalued. It isn’t crashing and it has nothing to do with Luigi posting. Air is just coming out of an equities market that’s been hyper-inflated since before COVID.

  • merc@sh.itjust.works
    1·
    23 days ago

    IMO, anybody who invested is a fool. AFAIK the only user-generated content companies that have made the model work are Google (YouTube) and Meta, and that’s because they’re the advertising duopoly that controls the Internet. Maybe TikTok, but that one’s a mess. Twitter couldn’t do it, even before Elon they were a big money loser.

    So, what does Reddit have that other companies don’t? Nothing really. And now that they did their IPO their investors are going to start demanding growth, which means enshittification. But, unlike YouTube where there’s no viable competitor, or Facebook / Instagram where there are network effects locking people in. Reddit users are mostly pseudonymous. IMO that also means much more likely to jump to another platform like Lemmy.

  • SSNs4evr@leminal.space
    1·
    22 days ago

    Last week, I got a 3 day ban from Reddit. The next day it turned into a permanent ban. Reddit claimed that it was due to a comment made about a video, showing a coach pull the ponytail of one of the girls on his team. While I don’t recall what my comment was, as the father of a HS girl who plays sports, it bothered me, but as a man in his 50s, who played football in the 1980s, who periodically got his ass kicked by his coach, when he screwed up, it didn’t bother me enough to say anything terrible. Of course, they deleted the post, and refused to elaborate. I’ve been supportive of Luigi, and have heard that Reddit was coming after Luigi supporters, so I thought that could be the real reason. Who really knows?

    • barneypiccolo@lemm.eeEnglish
      1·
      22 days ago

      I had a 12 year account and almost a million karma, and was permabanned after the inauguration for a comment i had made many times. I came to Lemmy and found i was part of a bloodbath.

      I’ve seen many people with bans on 10+ year accounts. We’re the people who built Reddit. Somehow we managed to make thousands of posts for all those years without bans, and suddenly all of us posted lifetime-bannable posts in the same month?

  • RicoTheBird@lemmy.world
    1·
    23 days ago

    shortly after the article came out talking about how Reddit is bending the knee to Musky’s hissy fit, I received two notifications from Reddit; one, a 7-Day ban for “breaking multiple rules” but not telling me what actually happened, and after sending them an appeal asking what exactly I was banned for, I received the second notification, telling me that I was permanently banned for, again, “breaking multiple rules”.

    as far as I’m concerned, I’m finally free.

  • Billonthehill@lemmy.worldEnglish
    1·
    22 days ago

    Given that Xitter is going down the proverbial toilet, I am surprised Reddt didn’t see the risks in turning their platform into a right-wing cesspool.

    • surph_ninja@lemmy.world
      1·
      22 days ago

      They permabanned my main and unrelated business account for saying I didn’t care that Trump said Liz Cheney should be shot. Apparently not caring is also “promoting violence.”

      Cheney is a warmonger who has called for the killing of millions in unjust wars. I don’t care if someone threatens her.

    • SunshineJogger@feddit.org
      1·
      22 days ago

      I got a 3 day ban for agreeing that putin should die (after Selenskyj said it would soon be so) and the joking wish that his natural death also happens to his chosen successors.

      Now im here.

  • beliquititious@lemmy.blahaj.zone
    0·
    23 days ago

    Maybe this is a dumb question, but how does the day to day health of the reddit community affect the stock price? Wouldn’t a simpler explanation be that reddit stock is in decline like most other stocks right now because of the overall market uncertainty?