Reddit COO Jen Wong and Axios' Kerry Flynn. Photo: Ari Hayaud-Din/Axios
Following the user-led 48-hour blackout in protest of API changes, Reddit "respects their right to protest" COO Jen Wong told Axios onstage at Cannes on Wednesday.
Why it matters: The new business strategy that drove the API changes will help Reddit make more money ahead of its expected IPO, but it came at the cost of some community backlash.