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The end of Reddit? Why the blackout is still going – and what happens next
(www.techradar.com)
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this post was submitted on 14 Jun 2023
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I don't get it; why would they not allow WSB, potentially one of their biggest moneymakers, to persist?
Because WSB is a den of debauchery and trouble making. Its had direct and indirect impacts on markets. It also drinks piss and monitors where dogs shit as a market indicator. Its not something a publically traded company can really be associated with.
It has real market-affecting power, so that's power to them, publicly traded or not. They probably get deals with/money from high-frequency traders using the data. I don't believe they would axe it. /r/wallstreetbets is still going strong.
Need a remind me bot.
I'm making a called shot. Once reddit goes public, /r/wallstreetbets is gone.
Its still gonna be on the lemmyverse though: wallstreets.bet