'Unlike some of the 3P [third-party] apps, we are not profitable,' Steve Huffman says in defending the move to charge for high-volume API access.

‘Unlike some of the 3P [third-party] apps, we are not profitable,’ Steve Huffman says in defending the move to charge for high-volume API access.

  • Rylatar@pawb.socialEnglish
    16·
    1 year ago

    Tumblr tried to become profitable under Yahoo and look how it turned out. It was bought for 1.1 billion dollars and sold to current owner for 3 million lol

    I feel like both Twitter and Reddit are trying to speedrun this kind of downfall at this point.

    • matzah@lemmy.oneEnglish
      1·
      1 year ago

      It’s been so weird to see the “death” of so many classic sites. Tumblr’s downfall was ridiculous, watching Elon slowly gut Twitter has been a show, and how Reddit. Can Facebook be next?