This is why the fediverse is so great. It really is really expensive to run a social media company. By spreading the cost over many actors and encouraging competition, this allows us to host content without being beholden to billionares.
It’s well known and accepted that the Chinese government has significant control of Chinese companies, and Reddit is partially owned by Tencent. That’s not xenophobic.
The fact that it’s something like a 5% stake is more relevant.
This is why the fediverse is so great. It really is really expensive to run a social media company. By spreading the cost over many actors and encouraging competition, this allows us to host content without being beholden to billionares.
*Chinese billionaires
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I am asking this in full earnestness: is any critique of the Chinese government assumed to be rooted in xenophobia?
I think he’s referring to how Reddit used to operate on Tencent funding.
Tencent is partially owned by the Chinese government.
It’s well known and accepted that the Chinese government has significant control of Chinese companies, and Reddit is partially owned by Tencent. That’s not xenophobic.
The fact that it’s something like a 5% stake is more relevant.
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“a literal US military arm” is just as ridiculous. It’s neither.
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And you think there aren’t Russian and Chinese propagandists on Reddit?
Right. Like all those school kids getting shot.