Not a bad article. A bit light on details and the effects and consequences of Reddit’s changes. However, many articles I’ve seen from other mainstream news organizations were slanted towards the corporate bias and made it sound like the concerns were no big deal.
CBC often does this with Business reporting. In their story about the InstantPot bankruptcy they neglected to mention that the reason the company was $500 million in debt is because they were acquired by a private equity firm who then took out a $500 million loan in the company’s name and used it to pay themselves a huge dividend, earning about $150 million in instant profit.
Not a bad article. A bit light on details and the effects and consequences of Reddit’s changes. However, many articles I’ve seen from other mainstream news organizations were slanted towards the corporate bias and made it sound like the concerns were no big deal.
CBC often does this with Business reporting. In their story about the InstantPot bankruptcy they neglected to mention that the reason the company was $500 million in debt is because they were acquired by a private equity firm who then took out a $500 million loan in the company’s name and used it to pay themselves a huge dividend, earning about $150 million in instant profit.