The last major holdouts in the protest against Reddit’s API pricing relented, abandoning the so-called “John Oliver rules” which only allowed posts featuring the TV host. It's the official end of the battle. The Reddit protest is over, and Reddit won.
Facebook (the page) is dead in the sense that its parent company changed their name to not be the same as their (once powerhouse) product. Facebook trademark is so unbelievably cursed due to what it became that they’re pretending that it does not exist.
Meta is focusing on Instagram for now. They could’ve launched Threads within Facebook (I think it was at some point) but they choose not to. Instagram is how they reach out to the people.
This means that Facebook was enshittified successfully. It does not serve any purpose now.
I don’t think Reddit has the same choice as they don’t really have means to pivot to something else. It will just cease to be… Or not.
I understand why the didn’t do threads in Facebook incase they need to shut it down. Kinda like how they have Messenger then purchased WhatsApp but never integrated it if they want to shut one down.