Reddit throughout the years: Its rise to prominence, recent revolts and IPO plans

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Reddit throughout the years: Its rise to prominence, recent revolts and IPO plans
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Reddit is one of the most popular websites in the world, but recent protests from the company’s contingent of volunteer moderators have shaken the community.

scraping the internet to train large language models, Reddit wants them to pay for its data. Huffman announced in April that Reddit would start charging for access to its API, the gateway through which companies can download all of Reddit's user-generated content.

"Most companies, whenever they have significant API changes, you know, they give anywhere from like three to sometimes like 15 months for developers to acclimate to these big changes," said Dac Croach, a moderator of the r/Gaming subreddit, now the third-largest community on the site."And with Reddit kind of coming out of the gate and saying, you know, you have 30 days to figure this out […] I mean, that is an impossible task for many of those third-party developers.

In total, over 8,000 subreddits participated in a sitewide blackout from June 12 to June 14 to protest the changes. Many communities stayed closed much longer, while others labeled themselves"Not safe for work," automatically making them ineligible spaces for advertising.

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