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Popular Reddit App Apollo Would Need to Pay $20 Million Per Year Under New API Pricing

seek3r said:
Funny you should mention advertising - those 8/mo users arent making up for the massive amount of advertising musk’s antics have cost twitter in the “keep the lights on” end of things
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funny you mentioned zero data.

- only "analysis" of blue we got are from mobile numbers which for all we know is peanuts compared to web subscriptions.

- plenty of advertisers left due to macro conditions https://www.mediapost.com/publicati...f-advertisers-have-reduced-2022-spending.html

- most advertisers have returned and twitter is trending towards profitability whereas the last financial report before elon took over pointed to a net loss: "the company swung to a net loss of more than $270 million in the second quarter of 2022" https://www.thenationalnews.com/bus...-roughly-breaking-even-as-advertisers-return/

come again?
 
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I believe Reddit is doing this because Apollo represents a small minority of users. So, they are banking on those users while kicking and screaming. To stay on the platform along with the majority of users that use their native app.
 
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I’ll miss occasionally using Reddit, but it’s useless without Apollo. It’s the only app worth using, and the websites are garbage. Will just spend more time on Mastodon.
 
ajf.350d said:
So, worst case, no more Apollo and every one goes to the Reddit app.
Doesn’t that then mean Reddit will still have to service the same amount of requests every day, but actually get no money for it,
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Uh no, Reddit is doing this because of the amount of ad revenue they are losing by having people use Apollo. They either get $20 million a year from Apollo to cover it, or they get the traffic back themselves.
 
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tripsync said:
- most advertisers have returned and twitter is trending towards profitability whereas the last financial report before elon took over pointed to a net loss: "the company swung to a net loss of more than $270 million in the second quarter of 2022" https://www.thenationalnews.com/bus...-roughly-breaking-even-as-advertisers-return/

come again?
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Ah, yes. Elon Musk. The man who never fibs. A real bastion of truth. Not like he's never been caught lying before about literally everything.

Yes. I'll believe what he says. Makes sense.
 
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I see a lot of outrage but wonder

A) how many people are contacting Reddit about this

B) how many people are making every “promoted” (ad) as spam and overwhelming the content moderation.

If you really hate this. Act.
 
h00ligan said:
I see a lot of outrage but wonder

A) how many people are contacting Reddit about this

B) how many people are making every “promoted” (ad) as spam and overwhelming the content moderation.

If you really hate this. Act.
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Yeah, you got a point. We’ve seen in the past how user outcry has made companies backpedal on decisions and this is a good time to do it for Reddit.
tripsync said:
He must be lying about this huh? 😂😂😂

https://twitter.com/x/status/1616138152217042944
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God, please don’t start another Elon Musk Defense Squad fight. I NEVER see y’all stick up for any other billionaire like this.
 
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Open-Source-Norange said:
God, please don’t start another Elon Musk Defense Squad fight.
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"Stop fighting only if it goes against my view". Lmao, yet you said nothing when someone was dunking on Elon. And even gave it a thumbs up. You want it to stop? Then don't support it.

I don't even care much for Elon. Dude is like an old dad trying to relate too hard with the younger generation with his stolen memes.
 

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tripsync said:
"Stop fighting only if it goes against my view". Lmao, yet you said nothing when someone was dunking on Elon. And even gave it a thumbs up. You want it to stop? Then don't support it.

I don't even care much for Elon. Dude is like an old dad trying to relate too hard with the younger generation with his stolen memes.
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He may be, but he’s also an idiotic yet ruthless CEO who is making the user experience on the site he owns worse just for a little bit of profit, and for what? So he can buy another mega mansion on some remote island or another solid gold Humvee? I’d rather that his decisions for Twitter would not affect how other sites do business as it’ll be horrendous for everyone using them, such as with Reddit and the whole Apollo thing. It’s not about “keeping the machine running”, it’s about naked greed.
 
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Open-Source-Norange said:
He may be, but he’s also an idiotic yet ruthless CEO who is making the user experience on the site he owns worse just for a little bit of profit, and for what?
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To survive? Elon was one of the first to lay off thousands of engineers and he got a lot of flack for that. Then Facebook, Google, Microsoft followed suit. Now Reddit and Facebook seems to be copying what Twitter is doing (charging for API, charging for a checkmark).

A purely free social platform hosted by a single company to serve the world isn't sustainable long term.

Twitter alone isn't going generate enough $$ to even let Elon break even from his Twitter purchase which is why he's going to add the financial component.
 
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tripsync said:
To survive? Elon was one of the first to lay off thousands of engineers and he got a lot of flack for that. Then Facebook, Google, Microsoft followed suit. Now Reddit and Facebook seems to be copying what Twitter is doing (charging for API, charging for a checkmark).

A purely free social platform hosted by a single company to serve the world isn't sustainable long term.

Twitter alone isn't going generate enough $$ to even let Elon break even from his Twitter purchase which is why he's going to add the financial component.
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And I’ll still give him flack for it because the site has run worse than ever before because there are a lack of people to oil and fix the machine.
Tightening the belt can only work so much before it becomes a gross display of incompetency and avarice. Why charge third party developers and exorbitant amount just to use your API? Why push out third party app developers instead of making your own better?

I get that companies have to make money off their platforms, but hey, they’ve already been doing that with data harvesting and ads.
 
Open-Source-Norange said:
And I’ll still give him flack for it because the site has run worse than ever before because there are a lack of people to oil and fix the machine.
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You're saying Twitter wouldn't have had any lay offs had Elon not taken over? 100% disagreed.


Open-Source-Norange said:
Why charge third party developers and exorbitant amount just to use your API?
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Third party apps were making money while not showing any ads. Twitter was basically allowing hundreds if not, millions of users use the service without earning money from them. Obviously, charging for the API makes sense.

Open-Source-Norange said:
Why push out third party app developers instead of making your own better?
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Again, this is assuming that Twitter wouldn't have done this had Elon not taken over which is inaccurate at best.

Open-Source-Norange said:
I get that companies have to make money off their platforms, but hey, they’ve already been doing that with data
harvesting and ads.
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I never saw ads while using Tweetbot.
 
Sorry if I missed it, no time to read all the comments here, but I see a much much darker intent behind this. Think of citizens united and dark money, not only do a handful of oligarchs own and control the media, what more would they want to do but to stifle the free flow of information across the internet? We are seeing this intentional destruction of the internet and all we’ll be left with is ads and propaganda.
 
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redbeard331 said:
Sorry if I missed it, no time to read all the comments here, but I see a much much darker intent behind this. Think of citizens united and dark money, not only do a handful of oligarchs own and control the media, what more would they want to do but to stifle the free flow of information across the internet? We are seeing this intentional destruction of the internet and all we’ll be left with is ads and propaganda.
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3rd party apps cost the likes of Twitter, Reddit etc significant loss in ad revenue. It's why they are killing off 3rd party apps or charging the 3rd parties to use their infrastructure. There's nothing sinister behind it, just money.

It's also very easy to avoid propaganda. Just choose your news & information sources wisely and ignore the legacy media.
 
Reddit is going to do an IPO soon and then Reddit will be ruined by "investors" and activists. Soon all the user data that they have collected will be monetised too.

Reddit was in the growth phase where everything was cool, but now Reddit is entering the $$$$ phase.
 
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tripsync said:
You're saying Twitter wouldn't have had any lay offs had Elon not taken over? 100% disagreed.
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I would agree. And just like Twitter, Reddit could just open up their API and force third party apps to show ads. They’d make a lot more money, too. Oh, and as for Twitter, it doesn’t matter if they did this because companies don’t want their ads to run along posts by Nazis.

The reason you, or anyone else, never saw ads on Tweetbot is because Twitter was was/is too dumb to know how to monetize their app.
 
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