Gfycat.com shuts down on September 1 and all Gifs will be taken down - gHacks Tech News
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Popular animated gifs hosting service gfycat.com is shutting down on September 1, 2023 and all hosted content will no longer be accessible at that point.
    • Rannoch@lemm.eeEnglish
      0·
      1 year ago

      Forreal, what’s going on? Why does it seem like so many separate sites are suddenly so much worse/going downhill quickly?

      • ugh@lemm.eeEnglish
        0·
        1 year ago

        Billionaires bought the internet and now they’re realizing that it isn’t profitable.

        • the_lennard@feddit.deEnglish
          0·
          1 year ago

          Question is what do you do then? First, you try to reach profitability. Get out of the red by milking users and reducing costs, but there is little chance to get that really sweet ROI that you dreamt of in the last decade. What do you do next? My guess is that we will see some websites change ownership into some shadier hands in the next years. The personal data collected could still be worth something after all.