Reddit CEO defends API charges, claims third-party app developers made millions

  • Reddit CEO Steve Huffman says app developers like Apollo’s Christian Selig earned ‘millions’ using Reddit’s API for free.
  • Huffman stated it costs Reddit around $10 million to support third-party apps, and the platform must become a self-sustaining business.
  • Developers plan to shut down Apollo and RIF apps due to upcoming API pricing changes with annual costs up to $20 million.
Join 2 million subscribers





A curated newsletter that summarizes the important news at the intersection of Global tech, India Tech and AI.

Delivered 8 AM. Daily.
Total
0
Share
nextbigwhat We would like to show you notifications for the latest news and updates.
Dismiss
Allow Notifications