Reddit shares plunge after Google algorithm change contributes to miss in user numbers
Reddit shares plunge after Google algorithm change contributes to miss in user numbers
Reddit reported better-than-expected results, but the company issued disappointing user numbers.
Fuck spez
!fedibridge@lemmy.dbzer0.com if you want to help promote Lemmy Piefed Mbin to new users!
Fuck spez
Reddit has benefited from Google search updates and internal site improvements that have helped it gain a significant amount of new and returning users, which the social company refers to as logged-out users, over the past year and a half. Reddit has said it is working to convince logged-out users to create accounts as logged-in users, which are more lucrative for its business.
Expect to see more login paywall bullshit from Reddit.
It will be a cold day in hell before I make another Reddit account
Give me more reasons to not visit!
Right now the only reason I have t ovisit is 'wearing powered armor to a magic school'
"Plunge"
-13% after hours on one day is huge. Many stock markets having emergency stops if the main index drops by 10% in a day.
NVIDIA's stock tanked a month ago, and it's already back up. Nothing really changes. There's no such thing as a "plunge" in the stock market, unless a business is truly going bankrupt.
It's referring to that after-hours part.
Reddit has said it is working to convince logged-out users to create accounts as logged-in users, which are more lucrative for its business.
By "convince," they mean:
- Popup to automatically sign in with Google
- A button right under where you close that popup that shows a QR code to install the app
- Bottom bar on mobile telling you to make an account
- Clicking an upvote or downvote button instantly sending you to the account signup page, even if clicked by accident
- Full-screen popup only on mobile to download the app if you're accessing anything NSFW (includes posts that simply have too much vulgar language, and are considered "NSFW" in that community, as well as any account page for an account that has ever made an NSFW post)
Yes, very convincing, heavily coercive even!
I love when I'm troubleshooting something, click on a record link from like 2018, and get a modal encouraging me to "join this trending conversation!"
old.reddit still works... And it's still a far superior experience to the shit they churned after.
Just deleted my account I've had for the past... six years.
So glad I got banned from that site (Not for anything wrong, I just pissed off the wrong power hungry mods which resulted in a site wide ban.)
Same here. The mods there are just power-hungry wankers.
In other news, Lemmy stock mooned infinity% from 0.00 to 0.00 plus beans.
Beans!
No, user numbers are not down because of a Google change. User numbers are down because they went ban crazy during the election and Luigi stuff.
If you ban people who produce your content, your site quality & engagement declines. It’s not rocket science.
Btw, they’re definitely reversing some of these bans to try to pull people back, and inflate the number of “returning” users. They permabanned two of my accounts for wrongthink during the election, and they’ve already reversed one with no prompting from me at all, after denying appeals months ago.
I got an account strike the other day and a post removed "by Reddit" according to the message for saying something to the effect of "protests without a threat of violence behind it doesn't mean much to those in power these days" on a thread about some ongoing protests.
Something about a site rule violation for advocating for and/or calling for violence.
My accounts were permabanned because Trump said Liz Cheney deserved to be shot, and I said I didn’t care because she’s called for the deaths of millions of people overseas. Banned for “advocating violence,” simply because I didn’t clutch my pearls that a warmonger was threatened.
At this point, I check every comment I leave on the platform in an incognito window. A good half of them get shadowremoved for no reason. How do they not get that new users are going to leave if nobody reads, votes on, or replies to their comments?
I've had like 5 comments shadowremoved from the conservative subreddit because I guess the large oceanographic feature south of the United States gets caught in their word filter, and they hate the Constitution
That’s the thing about corporate America. As soon as you go public, the only thing that matters is the next quarter. The long term health of the company isn’t even on the radar.
They don’t care if people eventually leave, so long as they stick around long enough to attract advertisers for this quarter.
A lot of that shit in the media right now. Story today on NPR about how car sales slumped in January and they blamed it on the weather, and while the weather might be a component of a slump i think theirs a lot of people out there nervous about the economy and taking a wait and see attitude, and that contributed more to slumping car sales than the weather.
NPR has always been capitalist propaganda. They’re happy to be a mouth piece for empire propaganda, including gaslighting people into ignoring their own economic struggles.
Jfc that thumbnail of Huffman's face triggered me. How did he manage to make his face look MORE punchable??
With the power of ai they managed to create the most punchable face ever. So he only had to follow the blueprint laid out for him.
It's almost like communication platforms shouldn't have profitability as their main goal... maybe they could be... distributed... like some sort of... federation. Yeah. That's it. Then everyone would follow along like... lemmings or something
Holy hell how much plastic did Huffman invest to look like a dollar general bond villain.
Dollar General‽ Please. Don't insult DG like that, dude looks no better than Dollar Tree grade
(For non-Americans, Dollar General is a "discount" store chain, largely found in "food deserts". Dollar Tree is a bonafide dollar store where everything (was anyways) just a dollar. Yes, the quality is about as crap as you'd expect (though sometimes they did sell good stuff if they were able to acquire it cheap enough))
Why does his head look like that?
Its a side effect of a diet that is a little too heavy on the pineal glands, so, I was told.
He eats pineal glands??
Dollar store Ken.
Leftover lube residue from him removing it from his ass moments before the picture was taken? I didn't click on the thumbnail just my default assumption...
Bros face looks like my cats anus while sliding a cookie out.
“It primarily affects logged-out users in the U.S.,” he said. “This one was particularly interesting because there really was a swing down, but then a recovery shortly thereafter happened right at the end of the quarter.”
Show me the graph, spez. Pics or it didn't happen!
Reddit shares plunge after missing engagement numbers due to fall off following enshitification
It’s only like a month of stock increases, they’re still up 300% since IPO.
I’m not logging in out creating an account, I deleted my hobby account a few months ago and I do not miss participating in Reddit.
I got one of those options to buy lol. Ignored it and happy about it.
Fuck spez
Damn I never noticed but that dude looks like a dollar store knockoff alpharad
did you ever see him smile, so cringey and creepy
Has there been an r/place since 2023's epic FUCK SPEZ?
As someone who has to check reddit once in a while, they've begun to completely hide the topic and replies of some threads. Luckily, old.reddit still works. I'm not going to log in to see shit that is public.
I wonder if the "google search benefit" also includes google down ranking lemmy instances
Off topic but... Is that pic of spez doing the Poison Brett Michael's thing?
He looks like an evil elf. Actually, both of them do.
It feels like the tech bros are teaming up to punish reddit and other companies/entities that hurt Elon, Trump, and others feelings.
Fuck spez
Should we all short it at the same time?
Reddit has said it is working to convince logged-out users to create accounts as logged-in users, which are more lucrative for its business.
wat
Pity.
Funny. I actually noticed this the other day but thought it was isolated. For a couple days every time I'd google something the first result would be Facebook until I forced it to search for reddit
ladidadida shlob on me knob
Lol
