Added: Brihany Tsang - Date: 10.11.2021 21:15 - Views: 13144 - Clicks: 5993
These are the core obsessions that drive our newsroom—defining topics of seismic importance to the global economy. Our s are made to shine in your inbox, with something fresh every morning, afternoon, and weekend. Reddit has traditionally taken a laissez-faire approach to policing content on its platform. The company hosts a loose federation of old-school internet forums, known as subreddits, which are each overseen by a team of volunteer moderators. Reddit sets certain baseline rules banning things like child porn, drug sales, and as of harassment.
But the rest is up to the users in each subreddit, who set their own community-specific norms and empower unpaid moderators to enforce them. This is a starkly different moderation approach from Facebook and Twitter, which each set clear, granular, top-down rules in their terms of service and employ armies of contract workers and far-reaching algorithms to weed out noxious content. Slowly but surely, Reddit has begun exerting more control over content, in lockstep with efforts to burnish its revenue figures and make its business model look more like its dominant social media peers.
Reddit users have gone into full-on revolt over policy decisions they disagree with.
Reddit CEO and co-founder Steve Huffman hopes to quash these rebellions, standardize moderation to a greater extent across the platform, and present a more polished image to potential advertisers and investors. The good has been off-the-wall inspiring, and the ugly made me doubt humanity. During her stint as CEO, Pao pushed Reddit to adopt its first anti-harassment policy and take down five of its most overtly hateful subreddits.
She also took the brunt of the blame for firing a Reddit community liaison popular among moderators. Moderators knocked several popular subreddits offline to protest the firing and trolls launched a harassment campaign targeting Pao. A Change. In a now-infamous episodemembers of the investment-focused WallStreetBets subreddit inflated the share price of video game retailer GameStop in an act of elaborate vengeance against short-sellers, hedge funds, and the financial establishment.
The stock has been on a strange, volatile journey ever since. But along with the rise of no-cost retail trading apps like Robinhood, groups like WallStreetBets have helped turn stock trading into a game for uninformed small-time investors—with potentially grave consequences for the economy.
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