The gloomy sentiment around Reddit Inc. has failed to dissipate after its shares fell 50% from a February high, with volatile technology stocks under pressure.
Gee, that’s too bad. It would be a real shame if that piece of human garbage Steve Huffman lost everything. A crying shame.
Sadly I’m sure he already has a golden parachute prepared.
They all cashed out after the IPO. They’re probably laughing at the bag holders right now.
There may still be lawsuits, however. There are still many ways that he could lose a lot of what he gained.
🤞
He’ll cry his way to a trophy home and yacht
I can’t even think of a time in history where someone was a huge piece of shit in America and “lost everything.” Maybe R Kelley, P Diddy, and Bill Cosby? But only for the time they spent in whatever rich guy jail they got to go to and then they were fine.
Elizabeth Holmes comes to mind. She manoeuvred herself into a position of wealth and power by defrauding other rich people and got herself 11 years in prison for it. That’s 11 years more than most other rich scumbags get.
And that just goes to show:
The only time rich people are held accountable in the US, is when they fuck with other rich people’s money.
But after that 11 years didn’t she come out of prison still rich?
She went into prison in 2023 so she will be there for a while yet.
I don’t think her wealth is known exactly but she and her company lost billions during the scandal.
She married a hotel heir, she’s still doing fine.
I mean she stole from rich people so I hope she’s doing good
The most bizarre part of the Theranos scandal is that any medical lab tech/scientist could have told you, right from the initial pitch, the entire thing was a massive scam. There was literally no reason to ever think this technology was feasible and a mountain of reasons it wasn’t.
Elizabeth Holmes only got in trouble for lying to people who should’ve done their “due diligence”
The patients / families of the patients that Theranos lied to and mislead never got justice.
Madoff died in a jail cell, that’s gotta count for something.
Yeah that’s cool and good. Same with Epstein.
Except he didn’t live long enough to rat anyone out. That’s the only downside to that story.
He was 100000% assassinated
I shit, I didn’t know Madoff died
There is also something about those 3 people I can’t put my finger on….
lol that was my immediate thought too. But I didn’t want to bring it up because even with the racist implications those guys all definitely suck and should be in prison.
I don’t know if Sam Bankman-Fried is a huge piece of shit. He’s definitely a liar and a scammer though. But he was like rich as anything and then lost it all. Now he’s trying to curry favour with Trump to get out of jail.
If anyone is trying to gain favor from trump that’s enough to tell me about their character.
Also, yes sbf is a huge piece of shit.
Hey fam, I’m another Reddit refugee. I heard Lemmy is what Reddit was back in the day. Sad to see Reddit go to hell.
The Voyager iOS App makes it feel like I never left.
Reddit refuge here.
I do miss all the niche subreddits. As the saying goes, “there’s a subreddit for everything.”
But I think with time, Lemmy can grow to fill that gap.
You gotta Field of Dreams it. I’m doing it for LV426/the Aliens universe. Just treat it like you’re starting a forum or a newsletter and, hopefully in time, others will contribute and it’ll grow organically.
Where is the LV426 community?
I mostly contribute here, mostly.
(edit: changed it to a relative link instead of a permalink so you can subscribe from other instances)
Thanks. I’m in!
You’re right
it’s time for me to post the weird porn
I’m trying to figure that out but I I have to make my own server? Or is it a sub on lemmy.world? There definitely a learning curve
Yeah I’ve been on Lemmy maybe 2 years or so now? I find myself going back for the subreddits of my interest. But I will try to start posting here more.
Ultimately I believe in the fediverse despite all of its growing pains.
It’ll take awhile to grow those niche communities.
I have no doubt we will!
While we still doesn’t have all kinds of active niche communities over here, it is incredible how much the community has grown since I first came here. And that’s not really all that long ago.
Thanks for joining us! :)
There is also a PWA version for those looking to try it out, and I believe it’s on F-Droid as well.
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Same for me using Boost on Android. It looks like Reddit only without the bots and AI slop.
More or less. There aren’t as many bots, and everyone is generally aware of traditional Internet etiquette (i.e. don’t be an asshole). Lemmy also feels as homogenous as early Reddit: college-educated white people in western countries.
I started joining forums back in the late nineties and I’ve learned every place on the Internet is in flux. Things always change. Back in the day, stuff would happen like we would lose hosting because someone got sick of running a niche phpBB forum or the moderation team would change. When social media kicked off, changes were driven by money. Facebook was a big gaming platform in my college years (Farmville), which feels completely foreign to today’s Facebook.
The smaller the community, the more stable it is. Some of those 20-year forums still exist, albeit in a much more diminished state. If a site/platform gets popular, that’s when things can change quickly.
Lemmy has already changed since I joined and I’m sure it will become something different in the future.
Feels that way to me. I wasn’t there like at the very beginning, but was able to be in a few small subreddits turn big. Some turned to shit, some turned okay. Lemmy/mbin a.k.a. threadiverse seems like it was before my time I started with reddit
Lemmy, Mbin, and now PieFed!
Welcome! I came in with the blackout a year or so ago, it’s been fun to see more people show up over the months!
Who told you these lies? Lemmy took the bad parts and called them features.
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at this point Elon should buy it too, drive it to ground like Twitter.
Huffman needs exactly 0 help to run reddit into the ground. He’s been doin’ it for years.
It’s actually kinda nice that he’s not going full nose-dive straight into the ground. Getting a steady stream of users is better for Lemmy’s culture, than a full exodus event, imo. It gives us a chance to not be reddit, but something better.
This would actually be a great outcome.
While most people would likely move to Digg v2.0 (I am just being realistic), this will help fuel growth in the threadiverse. And at any rate, the major instances would simply not be able to handle 1 million MAUs immediately moving to Lemmy.
It could also just turn it into another nazi mouthpiece, and make getting information out to people even worse than it is now.
I will speculate this is going to happen anyway, sooner or later.
While I am not American, I have lived in the the US and have many close friends there. From my understanding, American oligarchs have gone full in on a proto-fascist state (US is not yet fascist in the formal definition of the term, thing can and likely will get worse). This includes Hoffman and not only.
US is not yet fascist in the formal definition of the term, thing can and likely will get worse.
Yes it is. We are already at the dictatorial stage in practice with the legislature and SCOTUS complying voluntarily by not enacting checks and balances. Everything else, like the nationalism, demonizing groups, and the rest are in full swing. Don’t need death camps to be fascist, although we are well on our way down that road.
What criteria isn’t being met yet in your opinion?
It pains me to see the US go down this path. I am well aware of how bad things are going in the US (I have close friends who live there). I agree with you regarding nationalism, street arrests by security, demonization of minorities and so on.
However, I am comparing my experience living in russia (as an expat who happens to speak russian fluently), my experience living in the US under Obama and US as it is today.
US still has competitive elections. The US centre right opposition is not a formal front for the regime. Compare that to russia were elections are a formality and the so called “opposition parties” get direct orders from the regime and exist as circus performers. US isn’t at that stage yet.
Same with the US judicial system. It is definitely corrupt (and this was true even before Trump) and it is getting even more corrupt. However, the US judicial system has some level of independence and at least on some level you can have your rights be respected. Again, compare that to russia were the judicial system as such does not exist and has no authority whatsoever.
Security services in the US are increasingly becoming unhinged and acting more like crooks, but it’s no where close to russia where they have zero liability beyond not respecting key regime interests.
US still has a measure of political de-centralization. You can elect mayors and governors and they have a measure of independence. While russian does have some regional independent power centres, they are still all aligned with the regime and its ideology.
I know, comparing your local political system to russia isn’t really a sane approach. But I do think it is important to note that the differences do exist.
Fascism and other authoritarian systems aren’t a measuring contest though. Just because somewhere else has been doing it longer or is more effectively doesn’t mean somewhere else isn’t doing or trying to do the same thing.
A benevolent dictatorship is still a dictatorship for example. While the Republicans have enacted widespread voter suppression that didn’t guarantee winning an election, that doesn’t mean they aren’t working on the steps to guarantee it in the next election. Fascism doesn’t require complete and total success to be fascism.
I completely agree. I don’t mean to imply it is a competition. As I said, being better than russia is not much of an achievement.
But I do think the correct term for the US as it is today is proto-fascist. It’s also important to not ignore the transition into full scale fascis.
Digg is excited about “AI” moderation. So, they’re gonna be going the route of banning users for wrongthink just as Reddit did. I don’t think it’s going to be that popular.
Meh. I joined Reddit in the original great Digg exodus, I’m not going back.
While most people would likely move to Digg v2.0 (I am just being realistic)
Are people actually going? The only thing I’ve heard about it (the AI-fueled reboot) is that it was planned.
digg isn’t alive again yet afaik.
It’ll be corporate owned and centralized, so I don’t care at all.
Anyone on reddit still saying they’re waiting for digg 2.0 is not serious about leaving.
They’re permabanning everyomangionene who says anything good about Luigi Mangione, who is literally the greatest hero of the year in America, if not the decade. What did they think was going to happen?
lmao, they tried to suspend my account for “harassing” a scam post.
I got in trouble for “report abuse” as I reported every post for sexualizing minors in a sub dedicated to a certain musician/OnlyFans model “in their prime” aka before they were 18.
ಠ_ಠ gross
Yes this was worse in my mind than getting the sane for reporting a sub that sold CSAM because at least that involved research and critical thinking (why would a post be a scan of a print photograph taken with an analogue camera of a handwritten list of porn mags? answer: they were all legally produced at the time CSAM)
They 7-day banned me for ‘encouraging violence’ for saying I didn’t think Mangione deserved to go to jail for what he did. I appealed it and it was lifted, but not before it was upgraded to a permanent ban for ban-evasion on other accounts (I’ve never had more than one account in my 14 years of reddit.) The perma-ban was lifted on appeal too, but by that point I was just like fuuuuck off.
i’ve had various accounts over the years and never gotten hit for “ban evasion”. that being said that suspension was my last straw and i deleted my account.
Yeah, what’s even funnier is after noticing and appealing the temp ban I logged off and the only time I went back was to check my mail for a response which is when I noticed the perma-ban, so between those two time periods I was literally not even on reddit, so I have no idea what the fuck they were on about.
Same thing happened to me. I told a guy to fuck off and got banned for not being nice. I appealed, but before that process completed, they permanbanned my 14 year account. I like that on Lemmy I can say normally uncontroversial things like “Nazi scum fuck off”.
Indeed, Nazi scum can fuck off.
I appealed it and it was lifted, but not before it was upgraded to a permanent ban for ban-evasion on other accounts (I’ve never had more than one account in my 14 years of reddit.)
Reddit has a feature where there helpfully link your account to stranger’s accounts. When the stranger is banned from any sub, you are too. But you don’t know you are banned from those subs. So when you innocently post, you get perma-banned.
I had no idea that was a thing, nor who I would have done it with considering none of my friends or family use reddit. Much less how I could’ve done it without even knowing about it.
I heard they did that a bunch of other users too, temp ban, resulted in perma ban of other accounts as soon as the temp ban was lifted.
I was perma-banned like 11 hours before my temp-ban was lifted, per the timing on the messages in my inbox, so I think the admins just got a lil carried away with the fashy bullshit and then walked it back a little.
Oh no! Anyways, what’s everyone’s Friday plans?
Teaching my friend’s kids about Linux and python, and watching a movie with them afterwards. Probably have a brewski or two.
I’m gonna go to a Mexican restaurant with friends and have a huge Dos Equis with my lunch.
Imma hop on resonite and get wasted with friends.
Playing Pikmin 4, gonna stop soon to make eggs and bacon, and watch the movie Heat before it expires off my To Watch list lol
I don’t have any yet, I need to work out and go for a run, but after that I’ll probably hang with some friends. Maybe have a drink or two.
Not much, just stare at Luigi’s picture and droll.
Nothing much. Just messing around on here and playing [email protected] and [email protected] while I’m waiting for my turn at the DMV. If I can find good art of Luigi Mangione flying with a balloon or something, I’ll post it my old subreddit.
With the push to please investors, user experience will likely suffer even more.
Not just investors, but the fascist US government.
I left Reddit today. I’m not looking back. I’m absolutely done with these organizations that bow to fascist whimsy and demands. Pathetic stuff from Steve and the admins at Reddit. I hope their stock tanks and they lose their ass.
Reddit has very weak leadership in my opinion.
I wouldn’t be betting on them, especially when their user base is going to want them to stand up for them and the Elon fiasco shows Spez won’t.
It’s a tinderbox before the next large Reddit protest happens again and more niche communities splinter off to the fediverse.
Suggit
Huh, maybe if reddit wasn’t overly restrictive to free speech they’d get more actively engaged users. Oh well, I guess they’ll have to suffer the consequences of their actions. I know this article blames reliance on google and stagnant ads for this, but I can’t help but think restricting speech and shutting down discussions also plays a role. Front page of the internet my ass.
coffin_dance.mkv
fuck spez
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