Reddit forces personalized ads, starts X-like user payment program
arstechnica.com
Like it or not, Reddit wants to "improve ad performance."

I left a couple of months ago. Couldn’t be happier.

The writing is on the wall. The leader thinks the Genius-with-hair-transplants is a superstar, despite destroying a globally recognised brand. Inspired by this, Spez is trying to get Reddit ready for an IPO. This means, maximise profits by any means.

  • AutoTL;DRBEnglish
    26•1 year ago

    This is the best summary I could come up with:

    Reddit spokesperson Sierra Gamelgaard declined to provide further clarification when reached by Ars Technica for comment.

    Meanwhile, Reddit’s policy update aligns with its outspoken goals to become profitable and its plans to eventually go public.

    Other privacy policy changes announced Wednesday include allowing users to choose to see “fewer” ads regarding alcohol, dating, gambling, pregnancy and parenting, and weight loss.

    However, clickbait and shock value posts are a strong deviation from what people tend to treasure most about Reddit: real human advice, discussions, and insight.

    A support page says Reddit’s Contributor Program will avoid “fraud, spam, bad actors, and illegal activities” by putting users through Persona’s Know Your Customer screening.

    Advance Publications, which owns Ars Technica parent Condé Nast, is the largest shareholder in Reddit.

    The original article contains 785 words, the summary contains 125 words. Saved 84%. I’m a bot and I’m open source!