Reddit CEO addresses protests and blackout concerns while users consider quitting.
Reddit CEO Steve Huffman has assured employees that the ongoing protests against the company's upcoming API price hike have not yet impacted its revenue. Nearly 8,500 subreddits are currently private or read-only in protest, with some saying they will go dark indefinitely. Huffman's internal memo reportedly said that the protests were a challenge, but that the company had not seen any significant revenue impact so far. The protests have shaken the Reddit community, with some accusing the company of corporate greed.