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Social Media Has Run Out of Fresh Ideas
(www.wired.com)
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this post was submitted on 26 Jul 2023
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conde nast, the same company that is a major investor in reddit owns them. You may also be familiar with several of their other publications, Vogue, Golf Digest and The New Yorker, to name but a few.
https://en.wikipedia.org/wiki/Cond%C3%A9_Nast
They also own Ars Technica, which as @Arotrios mentioned, is still decent. You can’t just blame the owners, the editors still have some level of control over the content they put out.