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Reddit going dark in protest at API pricing; Apple cut Twitter ad spend

Reddit is going dark in protest at Reddit’s new API pricing, after third-party app Apollo was faced with an unaffordable bill of $20M per year. Dozens of the biggest subreddits plan to go private for two days, with hundreds of others joining in.

In other app news, Elon Musk’s claim that Twitter advertisers have returned appears to be misleading …

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Reddit may force Apollo and third-party clients to shut down, asking for $20M per year API fee

Apollo for Reddit now lets users add posts and comments to custom categories

Following Twitter’s move to shut down third-party apps earlier this year, it looks like Reddit may be the next platform to kill off (or drastically reduce) popular third-party clients. In a new Reddit thread, Apollo developer Christian Selig has shared details about what Reddit is saying it will cost to use the updated API.

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Robinhood trading restrictions were bad for customers, but it had no choice, says company

Robinhood trading restrictions

Robinhood trading restrictions for GME and other stocks were bad for customers, the company has admitted. However, CEO Vlad Tenev denied that the company had been pressured into this by hedge fund and business partner Citadel, saying that the company had been left with no choice.

Tenev said that the volume and value of trades meant that its deposit requirements rocketed …

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