• daikiki@lemmy.world
    1·
    7 months ago

    They spent nearly half a billion dollars on R&D in 2023? I could have turned off the API and the gilding system for like half that.

    • viking@infosec.pub
      1·
      7 months ago

      Most companies hide random expenses somewhere in the R&D budget, since it’s very opaque. Probably a few thousand random iPads as “gifts” to distinguished contributors and whatnot that were labeled as testing equipment.

      I’ve been auditing major companies for a living some years ago, and there was all kinds of stuff booked as R&D expenses that would make actual staff jump for joy, had they been able to use it.

  • slazer2au@lemmy.worldEnglish
    0·
    7 months ago

    Interesting, Reddit makes about $5.50 per US user per quarter while only making about $1.3 per non US user.

      • kadu@lemmy.world
        1·
        7 months ago

        Probably a lot of different reasons, but it doesn’t help that pretty much everything is translated by volunteers. I moderated 3 big brazilian subreddits, Brazil is one of the largest non-English speaking groups using Reddit, yet we only got a portuguese speaking community manager a couple of years ago. So if you are a local ad agency and you want to collaborate with Reddit, good luck, they make zero efforts to adapt into your region. Do you want to collect data from brazilian users? You need LGPD compliance, which means paying a local lawyer… Not happening, and so on.