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尺ㄖ匚Ҝㄚ尺丨ҜㄖҜㄖ @lemmy.world
Posts 2
Comments 64
Please put your money where your mouth is.
  • I moved to Lemmy because Sync was announced that's where they were going, but I'm not going to pay a monthly subscription for an app. I expected a reasonable one time payment like I had on Sync for Reddit. If that's not an option then I'll have to figure something else out

  • 17-year-old Boulder cyclist hit by vehicle, killed while training for mountain bike world championships
  • Riding a bike on the road is dangerous. Maybe it shouldn't be, but it is. Per the CDC you are more than twice as likely to be killed on any given trip wile riding a bike over a car. Motorcyclists are are over 4 times as likely to die in a crash then bicyclists

  • Like a hot tub: Water temperatures off Florida soar over 100 degrees
  • I was born and raised in Florida. I left on my own as soon as I turned 18 and never looked back, that was 24 years ago. I still have people I care about in Florida, but it's a big country and you're free to move about as you please according to your priorities

  • www.businessghana.com Reddit braces for life after API changes

    Reddit has had a tumultuous month after announcing changes to its data API. In the last month, Reddit’s CEO gave interviews defending the...

    This is the most up to date and comprehensive article I've found to share with those out of the loop regarding the Reddit drama and subsequent migration

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    Reddit’s Valuation Has Fallen Even Further, Fidelity Says

    www.gizmodo.com.au Reddit's Valuation Has Fallen Even Further, Fidelity Says

    Reddit is facing a crisis both in its user base and its finances. After protests and backlashed ravaged the platform...

    Reddit is facing a crisis both in its user base and its finances. After protests and backlashed ravaged the platform in the wake of Reddit opting to charge for access to its API, the company’s valuation has been sliced.

    TechCrunch reports that the Blue Chip Growth Fund at Fidelity, a major financial services provider, has reduced its estimates of Reddit’s holdings following an already poor estimate earlier this spring. Fidelity now estimates that Reddit’s holdings could be around $US15.4 million as of May 31, which is down over 7% from the fund’s estimates of $US16.6 million from this past April. This new figure is is also a reported 45.4% slide since Reddit secured Series F funding in August 2021, when an asset manager acquired the platform’s shares for $US28.2 million.

    Reddit did not immediately return Gizmodo’s request for comment on the valuation.

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