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Hackers demand $4.5 million and API price reversal from Reddit | Engadget (www.engadget.com)
submitted 2 years ago by ReclamationCrafts@kbin.social to c/RedditMigration@kbin.social
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Ransomware gang BlackCat is likely behind a February attack on the company..

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[-] FlowVoid@kbin.social 8 points 2 years ago* (last edited 2 years ago)

/u/spez isn't trying to win a popularity contest, he is trying to maximize his $$$ from the upcoming IPO. Even if it succeeded in smearing protestors, a self-hack isn't going to help him there at all. In fact quite the opposite, since it saddles Reddit investors with more potential liabilities.

[-] the_inebriati@lemmy.world 8 points 2 years ago

I don't necessarily disagree with your logic, but if I was a CEO trying to take a company public I wouldn't loudly and publicly talk about how unprofitable the company was either (on the AMA).

Every day is a surprise.

this post was submitted on 19 Jun 2023
183 points (100.0% liked)

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