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Agarwal’s Vedanta Raises About $850 Million Via JPMorgan, Oaktree Loan
Agarwal’s Vedanta Raises About $850 Million Via JPMorgan, Oaktree Loan
Billionaire Anil Agarwal’s debt-strapped Vedanta Group took out a fresh loan for about $850 million, its latest effort
2023-05-24 10:39
Reddit CEO says people will get over outrage as it threatens to replace mods behind protests
Reddit CEO says people will get over outrage as it threatens to replace mods behind protests
Reddit is not backing down from its controversial new fees, its chief executive has said as protests against the decision continue. Those behind the protests could be removed from the forums they administer, even in cases where the communities inside of them have supported the action, the company has suggested. Reddit has fallen into chaos in recent days after the moderators of many of its most popular communities took those subreddits “dark” in protest. It has meant that users have been unable to see posts from those communities for days. The action was a response to new plans from Reddit to charge for access to its API, which allows developers such as those behind third-party apps to see data from Reddit. Many developers have said those charges would make their apps unsustainable, and the most popular ones including Apollo have announced they will shut down. Even before that happened, moderators on the site had committed to take their forums offline in protest against the changes, which they said would make Reddit harder to use. Reddit is largely administered by unpaid volunteer moderators, who are able to make changes to those forums without needing permission from Reddit’s staff or management. Since the changes were announced, Reddit’s chief executive Steve Huffman has stayed committed to them. He has repeatedly claimed that it is unfair for developers to have access to that data for free since it costs Reddit money to host the site. Now Mr Huffman has undertaken another round of interviews in which he has shrugged off the protest, argued that it will pass, and claimed that only a small group of users are upset about the change. “It’s a small group that’s very upset, and there’s no way around that. We made a business decision that upset them,” he told NPR. “But I think the greater Reddit community just wants to participate with their fellow community members.” He said that the protest was affecting “everyday users” but that most of them were not involved in the changes. He also indicated that the protest had not cost much in financial terms, but had created “a fair amount of trouble”. He said that 80 per cent of the top 5,000 subreddits have gone back online. But many other communities have committed to continuing the protests indefinitely, and may go back offline if Reddit does not respond to their complaints. Reddit has also suggested that moderators who are involved in the protest could be removed from their position, and presumably replaced with new users who would bring the forums back online. In a post on Reddit’s support forum for moderators, an administer pointed to “rule 4”, which requires that moderators are active in the communities that they run. While the company refused to explicitly link its mention of that rule with the protest, it has also refused to rule out the fact that it could be used to remove those protestors from their position. Reddit spokesperson Tim Rathschmidt told The Vergethat such a move would not be to do with the protest – but that those involved in it could be breaking the rule nonetheless. Read More Reddit hit by more outages as the fight over its future escalates Reddit just went ‘dark’, and the site is in chaos Reddit is in chaos – and it’s CEO has finally responded Reddit’s blackout protest is set to continue indefinitely Reddit down amid major protest Popular Reddit app Apollo shuts down as site’s users revolt against it
2023-06-17 00:14
Who is DyNell Lane? Video shows Dallas cops laughing at disabled army veteran who wet himself after being denied bathroom access
Who is DyNell Lane? Video shows Dallas cops laughing at disabled army veteran who wet himself after being denied bathroom access
Lane was denied restroom access by the officers even though Dallas has Ally's Law in place for situations involving emergency bathroom needs
2023-08-19 17:08
Corey Perry says he's seeking help for alcohol abuse after the Blackhawks terminated his contract
Corey Perry says he's seeking help for alcohol abuse after the Blackhawks terminated his contract
Corey Perry says he has begun working with mental health and substance abuse experts to discuss his struggles with alcohol after the Chicago Blackhawks terminated his contract for engaging “in conduct that is unacceptable” and violated his contract and team policies
2023-12-01 04:48
13 Thoughtful Holiday Gifts for Your Dog
13 Thoughtful Holiday Gifts for Your Dog
Reward your favorite four-legged friend for being a good dog all year with these pup-friendly purchases.
2023-11-29 02:32
Ruby Franke: No bail for parenting mum accused of child torture
Ruby Franke: No bail for parenting mum accused of child torture
The Utah influencer's malnourished son escaped to a neighbour's home to seek help, police say.
2023-09-09 07:14
Ridin dirty: Arkansas 'vetting' the literal worst possible hire for vacant OC position
Ridin dirty: Arkansas 'vetting' the literal worst possible hire for vacant OC position
Discover the latest Arkansas football rumors: Is Bobby Petrino in the mix for the offensive coordinator job?
2023-11-29 04:29
Cheapest 84 Rated Players Players FIFA 22: How to Find Them
Cheapest 84 Rated Players Players FIFA 22: How to Find Them
Everything you need to know about finding the cheapest FIFA 22 players during Team of the Season.
1970-01-01 08:00
Kentucky Republicans pick nominee to challenge Democratic Gov. Beshear
Kentucky Republicans pick nominee to challenge Democratic Gov. Beshear
Kentucky Republicans are picking a nominee to challenge incumbent Democratic Gov. Andy Beshear in Tuesday's primary elections
2023-05-16 12:06
Utah Jazz Is Latest Sports Team to Dump Cable TV
Utah Jazz Is Latest Sports Team to Dump Cable TV
The Utah Jazz will start airing games on a local TV station and new streaming service, becoming the
2023-06-21 00:15
Can Joe Biden and a fistful of cash win rural America for Democrats?
Can Joe Biden and a fistful of cash win rural America for Democrats?
By Andrea Shalal WASHINGTON Rhiannon Hampson drives hundreds of miles across Maine's countryside each week as the U.S.
2023-09-15 18:10
Cubs move LHP Drew Smyly to the bullpen and will start rookie RHP Javier Assad on Friday in Toronto
Cubs move LHP Drew Smyly to the bullpen and will start rookie RHP Javier Assad on Friday in Toronto
With every game critical in a close playoff race, the Chicago Cubs are moving struggling left-hander Drew Smyly to the bullpen
2023-08-10 07:07