'Unlike some of the 3P [third-party] apps, we are not profitable,' Steve Huffman says in defending the move to charge for high-volume API access.

‘Unlike some of the 3P [third-party] apps, we are not profitable,’ Steve Huffman says in defending the move to charge for high-volume API access.

  • Sans_outside@lemmy.worldEnglish
    5·
    1 year ago

    I believe AD revenue is drying up for all tech sectors and the collapse of Silicone Valley Bank didn’t help either. You can see a lot of technology companies are cutting back on spending. Layoffs are happening in all sectors of technology. My guess is these companies are preparing for the coming recession.