Buckle up, Reddit: Closed APIs cost more than you’d expect By Cointelegraph

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On July 1, the popular discussion website Reddit took a ruinous step: Its application programming interface (API) — the tool that gives developers access to its rich store of data as they build and train applications — ceased providing free, open access. Going forward, it will be closed and, for some developers, too expensive to access.

The Reddit community has been rocked by ongoing protests against this move, which Reddit CEO Steve Huffman billed as a business decision designed to force profit-making companies that feed off Reddit data to fund the API.

Rick Porter has served as the founder and CEO of DSCVR, a Web3 social media platform, since 2022. He previously worked as a technical program manager for Google (NASDAQ:) and as an engineering director for BCG Digital Ventures.

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© Reuters

On July 1, the popular discussion website Reddit took a ruinous step: Its application programming interface (API) — the tool that gives developers access to its rich store of data as they build and train applications — ceased providing free, open access. Going forward, it will be closed and, for some developers, too expensive to access.

The Reddit community has been rocked by ongoing protests against this move, which Reddit CEO Steve Huffman billed as a business decision designed to force profit-making companies that feed off Reddit data to fund the API.

Rick Porter has served as the founder and CEO of DSCVR, a Web3 social media platform, since 2022. He previously worked as a technical program manager for Google (NASDAQ:) and as an engineering director for BCG Digital Ventures.

Continue Reading on Coin Telegraph

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