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- cross-posted to:
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‘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.
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.