this post was submitted on 13 Jun 2023
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Here's the source article from The Verge
"In an internal memo sent Monday afternoon to Reddit staff, CEO Steve Huffman addressed the recent blowback directed at the company, telling employees to block out the “noise” and that the ongoing blackout of thousands of subreddits will eventually pass.
The memo, a copy of which was obtained by The Verge, is in response to popular subreddits going dark this week in protest of the company’s increased API pricing for third-party apps. Some of the most popular Reddit clients say the bill for keeping their apps up and running could cost them millions of dollars a year. More than 8,000 Reddit communities have gone dark in protest, and while many plan to open up again on Wednesday, some have said they’ll stay private indefinitely until Reddit makes changes..."