this post was submitted on 05 Nov 2024

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Amid controversial changes, Reddit is getting more popular—and profitable (arstechnica.com)

submitted 9 months ago by PlasticLove@lemmy.today to c/world@quokk.au

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In its fiscal Q4 2024 results announced on Tuesday [PDF], Reddit said that in the quarter ending on September 30, it made a profit of $29.9 million.

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[–] Eyekaytee@aussie.zone 2 points 9 months ago

With Reddit finally making money, anyone who doesn’t like this side of Reddit will either learn to accept it or leave.

It's tough, I don't find much value in the decentralisation of a link aggregator, but there's no reddit alternative and the ones that were made before were filled to the brim with right wing nutters.

This place is on the side, far too left wing progressive for my liking but I'm relying on it and the whirlpool forums until something better comes along.