this post was submitted on 08 Jun 2023
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Looks like the Chinese "investor" is the Communist Party. The actions Reddit is taking are pretty much how they take down all the companies and citizens they target.
I swear tankies and liberals are basically the same. Tankies blame the CIA for every single bad thing that has ever happened while liberals blame the CCP and the Russian government. SOMETIMES BUSINESS PEOPLE ARE JUST GREEDY AND SOMETIMES AMERICANS ARE JUST SHITTY, there doesn't need to be a secret cabal behind everything
while i'll wait for the source i asked for and gladly correct this if i'm presuming incorrectly, i'd bet the odds are high that "CCP" is just being used as a shorthand/stand-in for a company like TenCent, because that happens a lot in discussions about China and it's really goofy.
In the interest of fairness, isn't the difference between TenCent and the Chinese government basically just paperwork? I've always heard (anecdotally) that they work extremely close with the CCP.
There's no need to hypothesize about a shadowy government conspiracy when the situation is adequately explained by simple desperation for money. Spez outright said that Reddit is losing money and has always been losing money, and that he needs to make it stop losing money, presumably because Reddit's investors are tired of giving him money and want to see some return on their investment.
can we get a citation on this--preferably before asserting it as fact, please? i'd like it if, on this site, we didn't just say things (especially if they sound in line with our priors) but actually substantiate them.
Not fact. It's my opinion based on the actions I see, and the fact things started to go down hill after the investors gave money. One of the big ones was Chinese.
We've seen how things go down when China is involved - loans to poor nations, Hong Kong, Taiwan, the disputed islands with Japan, Tibet, the Urghurs.
We've seen the various iterations of the "oops how did that key logger get in there?" discoveries (Lenovo, i'm looking at you), corporate espionage, Huawei telecommunications infrastructure being used to tap communicatons, etc..
Strict control of pretty much everything is the pattern, in which disinformation is easily dispensed and difficult to identify.