Fun, but I really wish I could keep reading without having to scroll through unknown amounts of pictures horizontally.
I suspect part of the answer is similar to Facebook's "pivot to video" - some unscrupulous company has gaslit news executives into thinking that "interactive content" is the future of journalism, and are selling frameworks / consulting services / etc. (Though part of the problem with The Verge is Nilay Patel himself. Nilay seems like a good egg, but he has been obstinate and arrogant about The Verge's UI changes. Can't argue with taste...)
...but when the animations turn into horizontal scrolling while I'm moving my fingers vertically on my trackpad, I hate it. It breaks my brain and makes me angry at the designer.