First all the bs with Twitter and Elon, then Reddit having an exodus to Lemmy (not complaining lol), then Twitch. Are we like, in an alternate self healing dimension or something?
First all the bs with Twitter and Elon, then Reddit having an exodus to Lemmy (not complaining lol), then Twitch. Are we like, in an alternate self healing dimension or something?
The valuation of a lot of these sites was grossly inflated by the market, so when the largest shareholders saw their billions halve and know what the future holds, they start doing things to temporarily boost their profit margins and sell off the company.