Bloomberg - Are you a robot?
www.bloomberg.com

Summary

Reddit shares have dropped 50% from their February peak, when the stock had soared over 500% from its $34 IPO price last March.

Much of the early enthusiasm came from AI-related deals allowing Reddit’s content to be used for training models, but recent doubts about long-term growth in the AI sector have dimmed that optimism.

Analysts remain skeptical and some call the stock “super overvalued,” noting Reddit still is not making any money.

Market uncertainty and early investor sell-offs continue to weigh on Reddit and the broader tech sector.

Non-paywall link

  • futatorius@lemm.ee
    1·
    18 minutes ago

    Let me know when spez is living under a bridge, so I can go piss in his cardboard-box shelter.

  • SirFasy@lemmy.world
    3·
    6 hours ago

    Good, Reddit treats its users like preschoolers. If you say something even slightly against their rules, they ban you.

  • El_Azulito@lemmy.world
    171·
    12 hours ago

    I still have no idea why I got permanently banned. The interestingasfuck subreddit said I had multiple violations across accounts—something vague about participating in the Trump subreddit. Apparently, if you so much as post in that subreddit—whether you’re agreeing with them or talking shit to the MAGAts—then go back to interestingasfuck or any other sub with the same rules, they’ll permaban your account. And not just that one—they’ll ban any new accounts you try to make too. So honestly… I guess I DO know why I was banned, but compared to the vitriol I’ve seen on there, mine was not warranted. I’ve even appealed. Fucking hate Reddit now. Cowards.

    • Necroscope0@lemm.eeEnglish
      8·
      10 hours ago

      Apparently all you have to do to get banned from Reddit these days is to hope Musk’s penis implant explodes and burns him to death from the dick up. Worked for me!

      • TangledHyphae@lemmy.world
        4·
        8 hours ago

        Yep, someone in another sub once said “I hope your plant dies” and their whole account was permbanned for “inciting violence”. Against a plant. Hysterical. That site is cooked.

        • futatorius@lemm.ee
          1·
          16 minutes ago

          I get banned once for saying I wanted to see justice done. “Inciting violence.”

    • turnip@lemm.eeEnglish
      5·
      11 hours ago

      Its a really weird place during elections, they’ve basically banned anyone with the opposing view on enough issues that its a full blown echo chamber. People then go crazy during elections trying to get their guy to win and the echo chamber grows exponentially.

    • Montreal_Metro@lemmy.caEnglish
      3·
      12 hours ago

      I don’t care about being banned and I never read replies or check my inbox because it’s the internet and I don’t care.

    • Rin@lemm.ee
      3·
      12 hours ago

      Same with offmychest. Banning people like that is also against reddit tos but reddit couldn’t give less of a shit.

  • barneypiccolo@lemm.eeEnglish
    28·
    14 hours ago

    After the Inauguration, they had a bloodbath in February, permabanning many long-term, high karma accounts like mine (12yrs, 900K+).

    These were the members who built Reddit into what it was, and after over a decade of high volume posting without getting banned, suddenly all of us made comments that earned permanent bans in the same month. Yeah, that’s plausible.

    Now that they’ve ejected many if the members that made Reddit a lively place to debate, they’re stuck with novelty accounts, puns, bots, Russian Karma Farmers, shitposters, trolls, and general bullshit. I just went over to read some subs I love, and literally the first post I read was complaining about how long they had to scroll to get past the stupid puns to get to the real discussion.

    Its been getting increasingly bad for a long time, but apparently it’s gotten far worse lately, now that they decided to get rid of the red meat and go vegan.

    I like Lemmy, but they don’t have anything close to the active guitar forums that Reddit had.

    • El_Azulito@lemmy.world
      9·
      12 hours ago

      Can confirm—I was a member since 2010. Got banned for logically going after MAGATs. Apparently, that’s not allowed anymore. What’s happening to this country—that people don’t even seem to have the cognitive capacity or basic mental equipment to recognize the freedoms being stripped from them in real time—is beyond disillusioning. It’s disappointing, devastating, and honestly hard to watch. And seeing younger generations, raised on flashing lights and internet brainrot, now stepping into adulthood? Oof.

  • Fingolfinz@lemmy.world
    43·
    1 day ago

    Spez can suck a taint. I was on there forever and immediately bounced once that bullshit banning stuff started happening. Should have left sooner but that was the final straw

    • barneypiccolo@lemm.eeEnglish
      14·
      14 hours ago

      Who could have foreseen that banning all the highly active, long-term accounts in the same month would have a negative effect? Now they can live with all their bots, puns, Russian Karma Farmers, novelty accounts, and trolls.

    • ceph@lemmy.worldEnglish
      7·
      1 day ago

      Yeah, same here. It took a few things over time to ultimately get me to leave, but my finding out many of my comments were being shadow-removed was it.

      • Ledericas@lemm.eeEnglish
        4·
        1 day ago

        I commented on a niche sub a few days ago, and it got shadow removed by the mod, don’t even show up as a violation on the inbox, then it triggered a “suspicious activity on account ban, until I change password”, also because I used a Firefox fork instead of the chromium browser

  • CherryLips@lemm.eeEnglish
    14·
    1 day ago

    Been and deleted every post and comment manually. Do I need to do anything else?

  • ShittDickk@lemmy.world
    36·
    1 day ago

    Maybe if they didn’t ban their (majority) liberal users for having “opinions” on the current government, after nonstop rhetoric from conservatives.

    • Ledericas@lemm.eeEnglish
      12·
      1 day ago

      banning people for also calling out right wingers and trolls, worst is banning people for misconstrued statements, and also reporting people,g ets you banned.

      like one time '18 a person asked why people were calling MICHELLE obama a certain way, i said the conservatives called her a gorilla, with gorilla arms, insta-banned.

      they allowed astroturfing on reddit, which makes worst because they are tryint to “look fair” but refuse to do anything about the right wingers control certain subs.

      actual POLICE(former and active) individuals control the legal and videos related subs.

    • Rin@lemm.ee
      1·
      12 hours ago

      When i said fuck spez, that’s exactly what i had in mind

    • SnowzSan@lemm.ee
      22·
      2 days ago

      Exactly why I’m here.

      All the American rhetoric that gets shared about how theie government is becoming facist but any call to action or talk of action is instantly bannable.

      Fuck Reddit.

      • Ledericas@lemm.eeEnglish
        11·
        1 day ago

        Twitter was one of the SC used for large political protests and movements in the middle east, Arab spring. Reddit probably the last place the conservatives are trying to route out and turn it into a propaganda machine. Reason why sports and entertainment isn’t getting the axe because they are more or less the same thing as politics, helps with division, that’s why alot of celebs have come out as a full Republican as of recently.

        They even allow one to be on reddit regularly virtue signalling for veterans, as if you actually cared. He has an AMa, he had a epiphany once when he was in a movie about the Vietnam war(hint hint). It’s not a coincidence he announced his party preference and came on reddit suddenly right before the election , I believe hes part of the right propaganda. At least compared to Jon Stewart, the actor seem kinda of sketchy