What a load of garbage takes that was. It didn't present any side other than the provably false one that Reddit is projecting. I can hardly believe that passes for reporting even in this day and age. 💩
this post was submitted on 14 Jun 2023
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This line: "The move may be an effort by the firm to improve its financials ahead of a potential initial public offering."
Isn't that confirmed bullshit? I thought every developer had already said that the API costs were so high that they were going to shut down. Are there developers who were willing to pay?
You don't improve your financials by putting a price on things. You only improve them if you actually collect money.
Well, good. As a big giant corporation, money and share value are the only things that Reddit really cares about in the end.