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Reddit risks losing its identity in pursuit of profits
(www.techzine.eu)
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this post was submitted on 07 Jul 2023
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I know the full context. It doesn't really make it any better. Bringing it up in the first place is bad, regardless of any "clarification" (a.k.a. damage control).
Besides, do you really think your interpretation wouldn't be considered a threat? Reddit won't say publicly they considered it as one, but it is very clear they took it that way (and, probably, correctly).