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TheAnonymouseJoker @lemmy.ml
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Reddit CEO Steve Huffman on blackout: It's expensive to run a company.
  • The above poster specifically "corrected" parent commenter, knowing very well the conspiratorial xenophobic notions he was propagating. Most Anglo people never talk about China/Russia (or any country that is NOT a "western neoliberal democracy" or its vassal state) in good faith, because Cold War McCarthyist poison is filled in their heads, resulting in a knee jerk reaction whenever they see the words "China" or "Russia". There is no reason why Anglosphere participants should be given benefit of doubt, when instead of following by example, they continue to get more vitriolic everyday. I am happy that Russians cannot be dehumanised on Lemmy, considering how much of a cesspool Reddit is.

  • Update from Lemmy after the Reddit blackout
  • I am not offensive when I say this, but I think you will treat socialists as a lot more friendly when you stop being bombarded with and/or consuming media that propagates Cold War McCarthyist crap. We live in very turbulent and toxic times, and I think if you can see some light now, you could make it to the end of this tunnel.

  • Update from Lemmy after the Reddit blackout
  • 3 years on and I am committed to bolstering Lemmy and being its vanguard. I have decided that Fediverse will win, and so, it will win. There is no room for error, and no tolerance for corporate Western tech companies' abuse of users.

  • Nuking my 12yr/100k karma Reddit Account.
  • PDS will stop working in less than 3 hours from now, because Data API restrictions will start on June 19 2023 0000 hrs. I purged all my history outside of the subreddit I created, privatelife, and modcoord.

  • Reddit CEO Steve Huffman on blackout: It's expensive to run a company.
  • Most of it has its roots in xenophobia and crushing the "near-peer competitors", yes. You can ask US government about Cold War McCarthyist propaganda which is spread by NATO (US/Europe) media. You can even go back as far as 1940 to find a short film series Drums of Fu Manchu (check YouTube), which is before NATO's creation, or the Opium War I by Britain in 1856 and British Raj on India for 2 centuries.

    Orientalism, xenophobia and imperialist looting/plundering against East are historically well known evil deeds of Westerners.

  • Reddit CEO Steve Huffman on blackout: It's expensive to run a company.
  • Far, far less ridiculous than "Chinese government controlled", as there is real proof of US military astroturfers, as shown above, and Reddit even suppresses this information intentionally. The whole of frontpage is suspiciously filled with pro-US imperialist propaganda and an anti-China/Russia article every week with dozens of awards.

  • Reddit CEO Steve Huffman on blackout: It's expensive to run a company.
  • Read the below response. https://lemmy.ml/comment/750332

    Condé Nast and one American VC hold more shares than Tencent, plus Reddit is astroturfed by US military, as seen during 2015. https://old.reddit.com/r/Blackout2015/comments/4ylml3/reddit_has_removed_their_blog_post_identifying/

    The root of “Tencent CCP own Reddit” conspiracy literally lies in r/conspiracy to spread xenophobic sentiments against China. Anyone perpetuating this nonsense will face a ban after this.

  • Reddit CEO Steve Huffman on blackout: It's expensive to run a company.
  • 5% stake is not relevant if you looked at other shareholders of Reddit. It is a xenophobic conspiracy theory if we looked at the largest shareholders of Reddit (https://web.archive.org/web/20230108005443/https://www.investmentwatchblog.com/who-owns-reddit-a-breakdown-of-the-type-and-nationality-of-shareholders/):

    • Conde Nast (AP): 100% * 0.72 = 72%
    • American VCs: (5% + 1/3 * 5%) * 0.8 + (1/2 * 11.1% + 7/18 * 11.1%) * 0.9 + 5% * 1.0 = 19.21%
    • American individuals: (2/3 * 5%) * 0.8 + (1/18 * 11.1%) * 0.91 = 3.23%
    • Dubai VC: (1/18 * 11.1%) * 0.9 = 0.56%
    • Tencent: 5% * 1.0 = 5%

    Breakdown of Series A VC, Condé Nast: https://www.nytimes.com/2012/09/03/business/media/reddit-thrives-after-advance-publications-let-it-sink-or-swim.html

    Breakdown of Series B VCs being all Americans: https://www.crunchbase.com/funding_round/reddit-series-b--662ba273

    Breakdown of Series C VCs being 8 Americans and 1 Dubai VC: https://www.crunchbase.com/funding_round/reddit-series-c--168f04d0

    Breakdown of Series D VCs with 3 American VCs and China's Tencent: https://www.crunchbase.com/funding_round/reddit-series-d--c9282e50

    Condé Nast and one American VC hold more shares than Tencent, plus Reddit is astroturfed by US military, as seen during 2015. https://old.reddit.com/r/Blackout2015/comments/4ylml3/reddit_has_removed_their_blog_post_identifying/ Reddit, if anything, is a literal US military arm to spread propaganda in media, and not controlled by Chinese government.

    The root of "Tencent CCP own Reddit" conspiracy literally lies in r/conspiracy to spread xenophobic sentiments against China. Anyone perpetuating this nonsense will face a ban after this.