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:

The Verge is on it as usual, also–here’s their latest coverage (h/t @[email protected]):

other media coverage:

  • alyaza [they/she]@beehaw.orgOPM
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    1 year ago

    SOMETIMES BUSINESS PEOPLE ARE JUST GREEDY AND SOMETIMES AMERICANS ARE JUST SHITTY, there doesn’t need to be a secret cabal behind everything

    while i’ll wait for the source i asked for and gladly correct this if i’m presuming incorrectly, i’d bet the odds are high that “CCP” is just being used as a shorthand/stand-in for a company like TenCent, because that happens a lot in discussions about China and it’s really goofy.

    • FistfulOfBottlecaps [Nebraska]@midwest.social
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      1 year ago

      In the interest of fairness, isn’t the difference between TenCent and the Chinese government basically just paperwork? I’ve always heard (anecdotally) that they work extremely close with the CCP.

    • argv_minus_one@beehaw.org
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      1 year ago

      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.