More than 8,500 subreddits plan to deactivate soon in protest against the increase in the price of the Reddit API. These protests started yesterday and will continue for the next few days. Steve Hoffman, the CEO of Reddit, has said that he is not too worried about the subreddits’ protests and that this issue has not affected Reddit’s revenues.
According to a report published by the Verge website, Hoffman sent a memo to Reddit staff saying, “Although many subreddits may join the protests, we knew it could happen, and that’s why we’re working around the clock to meet the challenge.” We have come to respond appropriately and we will get through it soon.”
He assured Reddit staff that the shutdown of subreddits is temporary and will not affect Reddit’s finances. Apparently, Hoffman has tried to reduce the concern of his employees with these statements.
Hoffman also said in a question-and-answer session a few days ago that Reddit needs to be a self-sustaining business and therefore cannot subsidize companies that request access to the platform’s data. The same issue has caused application developers who need access to Reddit’s APIs to decide to disable and delete their applications due to the increase in prices. Although Hoffman acknowledged some of the criticism about Reddit’s APIs, he declined to specifically address the company’s relationship with third-party developers.
The developer of the popular Apollo app, Christian Selig, has decided to disable his app on June 30 due to Reddit’s new policy, and other developers are now following suit by removing their apps by the end of June.
Source: Arstechnica
Latest Passing over countries : Spain | Dominica | United Arab Emirates
RCO NEWS
