Why do so many tech companies, like Reddit and Twitter are making their platforms worse for their users all of a sudden?

https://lemmy.world/post/859291

Why do so many tech companies, like Reddit and Twitter are making their platforms worse for their users all of a sudden? - Lemmy.world

In the case of reddit, I’ve heard a theory that the company’s planning to go public, and so the API changes were designed to make the platform look more appealing to shareholders (no more 3rd party apps blocking ad revenue).