Technology
This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.
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Rules:
1: All Lemmy rules apply
2: Do not post low effort posts
3: NEVER post naziped*gore stuff
4: Always post article URLs or their archived version URLs as sources, NOT screenshots. Help the blind users.
5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)
6: no advertisement posts unless verified as legitimate and non-exploitative/non-consumerist
7: crypto related posts, unless essential, are disallowed
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Not owned by, but heavily invested in by Tencent.
I think that's where the confusion lies, however it's currently owned by Advance Publications.
That's very interesting. Tencent is not even hinted at in Wikipedia's timeline of Reddit page. Also, when they say that Reddit was able to "operate independently of Condé Nast", they're being somewhat deceitful and implying they were independent. Advance Publications is only mentioned in the footnote/reference, and what they meant that Advance Publications is hands-off compared to Condé Nast.
Tencent's investment is peanuts. Here is a full breakdown of Reddit's investors. https://lemmy.ml/comment/750332
Fair dues, I was going off what I had found online, which didn't include a breakdown.
Whenever there is fearmongering about China/Russia/communism, assume it is funny McCarthyist Cold War propaganda. No matter how small or big the claim is, use that thumb rule to avoid brainwashing.