The landed gentry are only in charge until the king comes to town and chops off a few heads. At least that seems to be the case at Reddit, where CEO Steve Huffman pretended his complaints about cur…

The landed gentry are only in charge until the king comes to town and chops off a few heads. At least that seems to be the case at Reddit, where CEO Steve Huffman pretended his complaints about current moderators — who were protesting his decision to effectively cut off API access to tons of useful…

  • samus12345@lemmy.worldEnglish
    3·
    1 year ago

    However, Similarweb told Gizmodo traffic to the ads.reddit.com portal, where advertisers can buy ads and measure their impact, has dipped. Before the first blackout began, the ads site averaged about 14,900 visits per day. Beginning on June 13, though, the ads site averaged about 11,800 visits per day, a 20% decrease.

    For June 20 and 21, the most recent days for which Similarweb has estimates, the ads site got in the range of 7,500 to 9,000 visits, Carr explained, meaning that ad-buying traffic has continued to drop.

    This is the only metric that matters to Reddit, so it’s nice to see!

    • silverbax@lemmy.worldEnglish
      1·
      1 year ago

      So they really are following Twitter’s example. Twitter’s lost 59% of ad revenue since Elon took over, now Reddit ad revenue is plummetting. It’s stunning how stupid companies can be.

      • Vipsu@lemmy.worldEnglish
        1·
        1 year ago

        Just noticed today that Twitter requires one to log-in to read posts. It’s like these two platforms are competing on which one can destroy their reputation first.

        • rookie@lemmy.worldEnglish
          0·
          1 year ago

          nitter.net is a good mirror, I have an extension called LibRedirect that sends me there automatically instead of twitter. no need to login just to read a single tweet or something that way 🙂

          edit: sorry for the misinformation, I’d just woken up at the time and definitely misread - I didn’t realize twitter had made the change today from needing an account to click around to needing one to view anything at all. Nitter doesn’t seem to work anymore 🙁

        • samus12345@lemmy.worldEnglish
          0·
          1 year ago

          Same here because of a Lemmy post. Truly 2023 is the year of rapid enshittification for the large websites that have dominated the internet for the past decade or so.