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☆ Reddit throughout the years: Its rise to prominence, recent revolts and IPO plans
  + stars: | 2023-07-30 | by ( Katie Brigham | ) www.cnbc.com   time to read: +6 min
The price hikes have led some beloved third-party Reddit apps such as Apollo to shut down, instigating an uproar among the website's community of volunteer moderators, who often rely on third-party apps to run the site's 100,000+ discussion communities, called subreddits. But tensions remain high, and some say that if Reddit doesn't rebuild trust, its most passionate users will go elsewhere. Ohanian rejoined Reddit as executive chairman in 2014 and Huffman rejoined as CEO the next year. But it's not just tech giants who use Reddit's API. These third-party apps are largely just alternatives to Reddit's official mobile app, which didn't even exist until 2016.
Persons: Reddit, David DeWald, Alexis Ohanian, Steve Huffman, Paul Graham, Ohanian, Huffman, Y Combinator, Condé Nast, Debra Aho Williamson, George Floyd's, it's, Apollo, Jakub Porzycki Organizations: University of Virginia, Advance, Facebook, Insider Intelligence, GameStop, AMC, Google, Getty
☆ Minecraft developers quit Reddit after company's controversial changes
  + stars: | 2023-06-29 | by ( Hayden Field | ) www.cnbc.com   time to read: +3 min
In the latest blow to Reddit after its controversial billing changes, the makers of Minecraft — one of the best-selling video games of all time — have quit the platform. "Reddit management introduced changes recently that have led to rule and moderation changes across many subreddits," a tech lead at Mojang Studios, the Microsoft-owned company behind Minecraft, posted on the r/Minecraft Reddit community Tuesday. "Because of these changes, we no longer feel that Reddit is an appropriate place to post official content or refer our players to." An update to the post clarified that it is not an official policy for all of Mojang Studios, Xbox or Microsoft. The protests included the wildly popular r/Funny, with more than 40 million members, along with r/Music and r/Science, each boasting more than 30 million users.
Persons: Minecraft, —, Reddit Organizations: Mojang Studios, Microsoft, Java, Xbox, Reddit, Guinness World Records, CNBC
☆ Reddit is in crisis as prominent moderators loudly protest the company's treatment of developers
  + stars: | 2023-06-16 | by ( Hayden Field Jonathan Vanian | Hayden Field | Jonathan Vanian | ) www.cnbc.com   time to read: +17 min
Budrul Chukrut | Lightrocket | Getty ImagesAt midnight on Tuesday, the moderators of the Reddit community r/Gaming decided to go dark. "We're talking hundreds of thousands of volunteers putting in hours a day to keep the site safe, entertaining and enjoyable for community members. As a private company, Reddit doesn't have to disclose its financials or provide revenue and profit projections. "You have a lot of people, both professionals and general community members, who are running the numbers on this," Croach said. Jacqueline Sheeran, known as "MCHammerCurls," is the head moderator of r/Fitness, which has more than 10 million members.
Persons: Budrul, Dacvak, Slack, weren't, Croach, Reddit, Christian Selig, Selig, Steve Huffman, Huffman, Horacio Villalobos, subreddits, they're, –, David DeWald, subreddit, Shane McCarthy, McCarthy, Meepster23, ModCoord, Omar, Jacqueline Sheeran, Sarah Gilbert, Gilbert, Huffman's, RamsesThePigeon, that's, there's Organizations: Lightrocket, Reddit, CNBC, Facebook, Twitter, YouTube, Google, Amazon, Yahoo, Microsoft, Corbis, NBC, Wall, NBC News, Cornell University, school's Citizens, Technology Locations: U.S, Lisbon, Portugal
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