I mean there’s Reddit ofc, as well as Twitter in its entirety, Discord is implementing some dumb updates, there are issues with Tumblr as well as everything to do with Meta, and I’m sure there are plenty more (and I haven’t even touched other digital media, for example the Sims). Why is it all happening in the span of about a couple months?
Operating for extended periods at a loss is no longer really an option though. Zero interest rates made it not a big deal to be unprofitable. Companies could afford to operate in the red by taking on debt. Now that taking on debt means large interest payments, having a down quarter or year could be a death spiral of ever increasing interest payments that make it harder and harder to become profitable.
Basically, the business models that work with zero interest rates do not work when interest rates are constantly rising.