Some subreddits could be paywalled, hints Reddit CEO

Sharing is Caring!

Reddit CEO Steve Huffman has hinted that in future some subreddits could be paywalled, as the company seeks to devise new sources of income.

Huffman raised the prospect during an earnings call in which he said Reddit would also be testing AI-powered search results later this year …

See also  Fulton County elections director hires only 15 republicans poll workers out of 800. 8 key counties could decide the election.

Reddit’s drive for cash
Reddit has been very focused on making money both in the run-up to its IPO, and since.

The first big news on this front was more than a year ago, when the company started charging developers for API calls, forcing the closure of the popular third-party app Apollo. That led to wide-scale protests that the company had to forcibly shut down.

See also  Reddit was used as a Propaganda Wing of the Harris Campaign to warp the perception of its userbase.

It was subsequently revealed that the company had signed a deal with Google to allow Reddit posts to be used as training data, which later saw the company blocking all other search engines.

MORE:
9to5mac.com/2024/08/07/subreddits-could-be-paywalled/


Views: 36

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.