just so this doesn’t overwhelm our front page too much, i think now’s a good time to start consolidating discussions. existing threads will be kept up, but unless a big update comes let’s try to keep what’s happening in this thread instead of across 10.
developments to this point:
- Apollo for Reddit is shutting down
- Reddit is Fun will also shut down
- Reddit CEO (/u/spez) is going to hold a AMA about the API update
- Sync has announced it is shutting down
- ReddPlanet has announced it is shutting down
- Reddit creates an API exemption for noncommercial accessibility apps
- /r/videos is planning to shut down indefinitely, beginning June 11
- A subreddit dedicated to migrating to kbin.social has been closed by Reddit
The Verge is on it as usual, also–here’s their latest coverage (h/t @[email protected]):
other media coverage:
There’s no need to hypothesize about a shadowy government conspiracy when the situation is adequately explained by simple desperation for money. Spez outright said that Reddit is losing money and has always been losing money, and that he needs to make it stop losing money, presumably because Reddit’s investors are tired of giving him money and want to see some return on their investment.