ellen was a good chief of staff.ut when i read the charges, i knew from that very moment that these had no merit. emily: how aware were you of the situation, like when she was there, how aware where you that she was not happy? john: you know, i'd rather not get into the past. ellen did some good things. i wish her well at reddit. emily: now she is now the ceo of reddit, she is making bold moves. was she really not senior partner material? john: it is important to look at the difference between being an operator or being an investor, i think ellen can be a really great ceo. i hope that she is. but to be a successful investing partner is a really different job. emily: have you talked to her? john: only briefly in the trial. emily: what did you guys say? john: i said hi, ellen, how is your family? how are you doing ?she said ok. emily: what did she say? john: she said ok. that is it. i have not spoken with her since. emily: why didn't you try harder to settle? john: i always believed that this matter should be settled o

ellen pao sued the firm for gender discrimination. joining me today, general partners john doerr and beth seidenberg. thank you for doing this. it is great to have you here. you have been quiet for a long time, quiet through the trial. why are you here? john: nobody likes litigation. we are human. this trial was painful. at the end of the day, six women and six men heard five weeks of testimony. they deliberated for 1.5 days. they found decisively on the facts that this company did not discriminate or retaliate and that ellen's claims had no merit. we know there was a second trial going on in public opinion and on this topic of diversity it found against the technology industry and we in the venture industry. we get that. emily: so you feel like you lost in the court of public opinion? john: i'm sorry it was so hard to go through this, but more than anything else, i am sorry for minorities in the tech industry. this is very personal. i have two daughters. getting to a 50-50 world is super important. emily: you have been a kleiner perk

emily: is this ellen pao's fault? is she a good ceo?ob: all i can say -- the lexus has had a lot of trouble -- emily: the cofounder. bob: the cofounder of reddit. i met with him several years ago. i was interested maybe in doing it. the thing is, it is oh hard to find someone who can lead that community because you have to have the hands-on approach, but a hands-off approach at the same time where you're a steward and you cannot come in and clean house and turn it into something syllable or we can sell advertisers on. you have really got to start with this partnership with the users and i think that is where she initially failed. i do not know if she can ever climb back. emily: the headlines, reddit is burning, read it is at war with itself. is very real risk reddit could go away? peter: that would be really difficult. i know that i am addicted to the website. i instill clicking through it on my website. it's interesting people sharing interesting things. there are dark sides that i do not appreciate but that is the price we pay for fre

almost 200,000 people calling for ellen pao's removal. we will look at what may be in store for the website. emily: i am emily chang and this is "bloomberg west." the sec reportedly investigating illegal trading. we will hear from arthur levitt. is bitcoin the answer to greece's problems? and why some greeks are considering moving into bitcoin. and uber readies its biggest international office. all of that is ahead. but to our lead, redditors are rebelling, calling for ellen pao's resignation. a vast majority of the reddit community believes that she has overstepped boundaries and will run reddit into the ground. the petition was posted 4 weeks ago. the number of signatures skyrocketed over the weekend after pao fired talented director victoria taylor. hundreds of moderators shutdown message boards. pao went to read it and said "we screwed up." pao has been trying to cut down on harassment on the site, but redditors complain they are curtailing their freedom of speech. we have our guests here -- peter, you signed the petition. i have to s

why it may be the toughest intact after ellen pao's resignation. emily: i am emily chang, and this is "bloomberg west." coming up, the gaming world loses a pioneer the nintendo president. we look at his legacy in the top candidates to lead the company. plus google capital lead -- bets big. i'm joined by the ceo as well as google capitals gene. a firm founder and ceo max lev chin, all of that ahead on bloomberg west. first to delete. read its revolt over interim ceo is simmering as the company struggles to define its future. pao announced her resignation after more than 200,000 people called for her to step down. in a post on reddit, he believed it is because the board asked her to demonstrate higher user growth then she got she could deliver. he cofounder steve huffman, is , taking the reins. he has already said he plans to experiment with monetization strategy, improve the relationship with users, and do more to define its content policy. huffman says he is not going to stop some of her policies. her controversial policies, including a move to ban

ellen: i think we cannot harp enough on the dollar as a wildcard for the fed.nly on when they will lift rates, but as a determinant on the pace of rate hikes after they do start raising rates. it causes a lot of indigestion to central bankers when their currencies have a rapid appreciation or decrease -- appreciation or depreciation. what we saw was anunbelievably rapid descent of the u.s. dollar. that trade was the biggest spread on growth as a result. if the dollar continues to rise rapidly, i cannot have enough confidence in my outlook for growth to raise rates today. many policymakers have said that they hope that the adjustment has been complete. so that the bulk of it was markets suggesting a lead up to the rate hike. but we will see. tamed, thear remains dollar takes off and it leaves too much uncertainty. consumers, stashing their cash without spending, talk to us about this. ellen: so, starting with the april meeting of the federal market committee, they spent a great deal of time talking about why the consumer is not spending. what we found is that th

roberta vinci are talking about ellen pao -- reporter: we are talking about ellen pao, reddit's cl. issued an apology after she went through a lot of outrage after firing victoria tyler. they did not discuss why. she has faced a lot of criticism, ellen pao, over how she is manage and lead this site. because taylor, she was head of this ask me anything seed and there was -- feed and there was accusation there were problems like racial last week and ellen thatid not like it at much. a lot of users and moderators shut down their pages. over 300 discussion areas in protest with their frustration over the site and an online petition. have signed0 people asking for her to resign. some say they are in full damage control mode now. other users saying, we need to know the context of this all. it seems in the reddit community has been undergoing transition for a while. we talked about this as big as no other site where you can talk about anything. there's this is a different issues on the site. zeb: certainly, reprehensible comments made they need to be dealt with. the larger issue from the b

ellen: out of the entire sales report, that is probably the most important line item.otice that this is a category that raced along with gasoline prices started dropping last year, and throughout the entire winter months, never once did we stop drinking or eating out. and that happens, i'd say the kids are all right because that's the first thing we cut back on and the first thing we do when we feel good is we go out to eat. i am concerned we did have a takedown in the june retail sales data report for that line item, but that was the first in a very long string of a strong month or that category, so it does bear watching. but you look at the labor market, you look at other things going on in the domestic u.s. economy, and this nothing i can sayt my figure two and they that households should be worried. alix: coming up, a rundown on today's earnings. and how to spot a fake. the real story behind this chart and what made twitter's stock price spike it percent earlier today. alix: as we mentioned before the break, earlier today, twitter shares surged after bogus reports

. >> if you love ellen you are going to want to hear this. we are offering fans the chance to win tickets to ellen's popular 12 days of giveaway shows. during those shows, members of the studio audience get all kinds of fabulous gifts. every day for 12 days, we are awarding one ellen viewer with a ticket. you can enter at nbcwashington.com and search ellen 12 days. >> just fired up the app here. hang on a second. i can't enter can i? >>> a famous face gets behind plans to bring a new memorial to our city. we're back >>> tom brokaw is getting behind an effort to build a memorial honouringing president dwight d. eisenhower. he is joining an advisory committee along with bob dole. brokaw says he learned while writing about world war ii that veterans very much want to see eisenhower honored. design and funding problems have slowed the project down. >>> temperatures right now in the 70s and 80s. high today in washington of 88 degrees right now. we are coming in at 81 with low humidity. plenty of sun. pretty much a repeat performance for tomorrow.

david: it is something that is not good for venture, not good for kleiner, not good for ellen.turned out to be something where there is a lot of drama and pain. i am not sure what good came out of it. i am hoping there will be some. there are some good lessons about how you treat employees. maybe some lessons about retention. maybe some thoughts about how you build your firm. level, the pressure it puts on the industry is to make sure we are representative of full diversity. that is very good. part of the reason kleiner found itself in this position is venture capital firms have historically had a problem with succession. how to make sure greylock is around for 50 years? david: it may get told it is too old or stodgy. but over 50 years, you cannot continue to survive unless you make innovative changes. like some of the partners surprising me and saying, do facebook, it is the look towards innovation and willingness to change. emily: john na li, davidemily: sze, thank you for joining us. ♪ al: i'm al hurt. mark: and i mark halperin. and we want to spend all of our time talking a

. >> who put this stuff up and their focus on ellen powell. >> exactly.as the interim ceo, never named to be ceo officially. so she came on to oversee credit which, again, it sources many of the stories that you see, but it was also the locus of let's say where the celebrity-leaked photos -- the nude photos were -- you know they were slow to take them down off of reddit that sort of things. one of the things that ellen powell did was to shut down a somebody of these more controversial sub reddits that were racist or just hateful. there was one that was all about shaming fat people. and the way it was done because these sub reddits are monitored by users, there was an outcry by the users. >> so it seems that maybe she was thrown out because a lot of reddit's users were mad at her? >> well there was a lot of drama that unfolded. a very popular moderator was fired -- >> and then they brought her back is that right? >> not to my knowledge, but it could happen. >> right. >> the -- so it was -- the problem was that the uproar around the -- the change in the sub

emily: ellen pao versus kleiner perkins trial. what did you see in that? david: let's see.uess i would see a no-win situation for anybody. it was a tragedy all the way around. emily: why? david: it is something that is not good for venture, not good for kleiner, not good for ellen. it turned out to be something where there is a lot of drama and a lot of pain. i am not sure what good came out of it. i am hoping there will be some. there are some good lessons there about how you treat employees. maybe some lessons about document retention. maybe some thoughts about how you build your firm. john: at the meta-level, the pressure it puts on our industry to make sure we are representative of full diversity is very good. david: until a firm votes with their feet and their wallets, they can be judged harshly. emily: part of the reason kleiner found itself in this position is venture capital firms have historically had a problem with succession. how do you make sure greylock is around for 50 years? david: greylock at 50 years could sometimes get told it is too old or stodgy. the rea

so ellen fans or anyone who likes some free stuff listen up. >> yeah. here's your chance to get some free tickets to ellen's popular 12 days of give away shows. one ellen viewer from our area will win a ticket to this december's 12 days of giveaways. members of her studio audience get all kinds of gifts at the show. you can enter online, go to the nbc washington app and search ellen 12 days. >>> we have breaking news right now. and breaking records on the glass ceiling. what we're learning about the first female coach to be hired by the nfl. >> take a look at the current temperatures this morning. a lot of people are already in the 70s. take our word for it. tom said the heat is on. he has your nei >>> your time is 5:30. new details in the deadly stabbing at a frederick maryland church. what we're learning about the suspect and his alleged motive. >>> we are learning about an overnight officer involved shooting in baltimore. kristin wright has details from live desk. >>> look at the temperatures out there right now. and enjoy them while they last becaus

mary ellen o'toole. appreciate you being with us. christie as well. incredible work you do. >> thank you. >> we do think it is important if anybody seeing those images that image of that little girl thinks they mate they may recognize any element, maybe not her face completely her eyes or something that she was wearing. authorities want you hear from you. they're very eager for information. >> coming up tonight an amazing young man. describes the moment a shark bit off his arm. it's everybody's nightmare. swimming in the ocean. the shark jumps out of the water. took off his arm. the arm that he is usually uses. nearly killed him. nothing fits, huh? not surprising... ...with that bloated belly. you got gas. i can see it and i know you feel it. get gas-x. it relieves bloating in minutes. plus that uncomfortable pressure. no wonder it's the #1 gas relief brand. my heart... beats 100,000 times a day sending oxygen to my muscles... again! so i can lift even the most demanding weights. take care of all your most important parts with centrum. now with our most vitamin d three ever.

one of the things that ellen lacked was not having the ability to say i am one of you. am authentically one of you from the beginning. that is something the cofounders can actually do. it will give cofounders a lot more leeway, even though they may not be the best choice. emily: max, you are naughty. they are claiming freedom of speech, but you see anti-women, anti-somatic racist comments on reddit. is that kind of stuff ok if they want to become a strong business? not just a community, but a business? max: i do not think it is ok period. hate speech is not acceptable. emily: so how does reddit handle that? max: saying this is what is ok and this is what is not is necessary. frankly, i do not think reddit wants them to stick around if they become a big him but he that is a source of information, news opinions, maybe controversial opinions, but in the name of stability. people need a person to tell the committee, hey, here is how it is going to be from now on as a founder. emily: i went to hear from both of you, and, ben, i will start with you. ben: the traffic has gone

jon: ellen, mrs.linton said that she never emailed classified information using her personal account. that is a little hard to believe since she was secretary of state and apparently she didn't email anything using official government servers. fox has found evidence at least 25 items were later deemed to have been classified. "the new york times" is reporting that now after they have gone back and taken a look at everything, the state department is finding hundreds of items that were classified or should have been classified before she sent them out. are the media paying attention? >> well, the media is not paying attention and particularly because her spokespeople said that these emails were classified after this came out. so the question is when did it come out, when were they classified? the media needs to pay a lot of attention to that and they haven't been. they have been given a pass. i want to say one oerting the media has not done, taking a look if people go after her, if there will be same ki

swain: so were ellen or mary's style as progressive as chester? anthony: say -- was ellen... swain: ellen or molly as progressive in their own style as chester? anthony: certainly ellen was. ellen arthur was very fashionable, very rich, largely through the wealth of her mother, and very ambitious. there's a lot of stories about how, you know, she really got behind -- i mean, she really didn't like that politics kept him away from the home so often, but on the other hand, she was a very socially ambitious and ambitious for his career. in fact, even though she was a southerner and even though one of her very close first cousins -- because she was an only child, so she was very, very close to what were double cousins, you know, her -- her parents, siblings had married each other, so she had double cousins. and during the civil war chester arthur was able to secure the release from union prisons of one of her cousins. but she went to abraham lincoln's 1865 inaugural. she attended the white house wedding of nellie grant. she knew the parents of theodore roosevelt in new york city.

lleg al departamento de polica de esa ciudad afirmando que era la que haba golpeado mortalmente a "ellenackay". --"martinez" de 40 aÑos y la vctima de 66 vivan en un complejo de apartamentos ubicado en la calle ''claremont" donde ambas habran tenido una discusin que eventualmente escal a mayores... take vo juanfra --y en vallejo las autoridades identificaron a la victima de un tiroteo ocurrido entre las calles alameda y capitol. --- se trata de "gina estevez" de 25 aÑos, residente de daly city, ella fue transportada a un hospital local por paramdicos pero sucumbi a las heridas de bala. --la polica pide ayuda de la comunidad para esclarecer este extraÑo crimen... juan fran - 2shot --en telemundo 48 somos primeros con la noticia... comenzamos en "san leandro" donde una persona termin herida tras desatarse un tiroteo luego de que varios sujetos irrumpieran en una vivienda... take vo --"katherine orozco" de telemundo 48 primera edicin est en el lugar de los hechos a esta hora cul es la situacin? --adelante "katherine"... katherine live live bug cg: katherine facebook facebook katherine pregu

just search ellen 12 days>>> a nightmare in broad daylight. the video that will have you thinking twice about heat wave safety. >>> a utah state trooper wants you to slow down and move over when you're driving on the highway. a speeding driver spun out of control and slammed into david sheer's. he was conducting a traffic stop at the time and was outside his cruiser. he says he's lucky to be alive. he survived the crash with the broken back and broken legs and several broken ribs. he says he is touched by all the support. >> i'm sore, everywhere, but with the amount of damage that i saw in my own film, i think i'm lucky to be alive. >> he is the seventh trooper hit on the side of the road so far this year. he says he's not sure when he'll be able to go back to work. >>> you step out of the car and before you can turn around, your kids are locked inside. that is what happened near philadelphia. temperatures are already in the mid 90s here yesterday. she called 9-1-1. police came and broke the window. they're able to open the door where they fin

ellen pao, ceo of reddit has stepped down. the story broke this afternoon. scott budman has the story. >> reporter: reddit is a san francisco based discussion site with a huge audience. the company says it has 164 million unique users last month alone. this is the same ellen pao who lost a discrimination lawsuit against her previous employer. pao recently fired a popular employee who ran the site's ask me anything q and a feature. pao steps down, reddit co-founder steve huffman takes over as the company's ceo to try to curb the venom that was found on the site while talking about plans to grow reddit. pao will remain a shareholder in reddit. reddit was bought by conde nast back in 2006. >>> a terrifying ambush robbery caught on video. the store targeted is hoping you can identify the suspects. you can see several masked men waving guns as they crowd around a cashier at a grocery store in east santa clara and 24th. one of them hits the clerk on her back. she says she is shaken but she is physically okay. san jose police would like to hear from you if you know

board based in san francisco is supposed to be a free speech platform, but the company led by ceo ellen powell fired a top executive who oversaw the popular q and a forum and that his critics likening ellen's leadership to online censorship. a petition to oust her is gaining fast. nearly 2,000 have signed it shortly after the reddit director was suddenly let go. popular discussion boards were shut down and users locked out. today powell responded to the criticism admitting over the years the company hasn't communicated well and the customers lost trust in her. the statement reads in part we are grateful for all you do for reddit and the buck stops with me. powells says she is committed to improving communication with the reddit community. she was ceo since last year and has been in the spotlight for her sex discrimination lawsuit against a silicon valley firm. we spoke with an analyst about the future of reddit. >> this could be the end of reddit. they don't handle this really well, they could lose the majority of their volunteers. it's not like these people are tied to the company. the

ellen's angels, they would frequently go to comicon and ellen lost her battle to pan crow attic cancer only raised 111% of his $35,000 goal. he is expected to arrive today. >> hopefully re. >>> we continue to follow breaking news from san leandro where a home invasion robbery ended in gun fire and a homeowner being shot early this morning. police just released the descriptions of the subjects. >>> also, recent shark sighting s, the surprising new relation about shark attacks. >>> good morning, we still have this breaking news in oakland where there was a bit of fire on abarth train, some passengers were on the train and the fire is not really affecting -- or the fire is out now we have service that is down, looking at a near by freeway where traffic may be heavier. we'll let you know. >>> we are live in san francisco where a major delay is expected near the golden gate bridge starting tonight. we'll tell you why. we are also live insa and droes. still following breaking news from the gunfire incident. new information we arelearning from police. >> good morning, thanks for joining us on

. >> the idea actually started with ellen degeneres. >> the end of ellen degeneres' show to be exact.he would always end those shows saying "be kind to one another," and i took that to heart and i said i want to live my heart the way that these incredible human beings are doing. >> reporter: so the 28-year-old from castro valley who had heard of others who had hiked the pct decided that would be his grand gesture of kindness, but for whose benefit. >> i want to let you guys know to never give up. >> it was about that time that stories about arthur ranowitski started slowing up. arthur was paralyzed by a robber's bullet eight years ago. through his foundation life goes on arthur and his constant companion love counsel kids and visit newly paralyzed patients in the hospital assureing them that life will indeed go on. >> i was inspired by him, and all of the incredible things he was doing and i said i want to do an act in the community like arthur would do and then that's when i said you know what i'm going to be that person for arthur. but just what could eugene do for arthur? well, hel

this was ellen pao in march after losing a sexual discrimination claim against cliner perkins. >> this is for everyone around the world. male and female who reached out to express support. >> reporter: that support eroded and today, she stepped down saying in my eighth months as reddit ceo, i have seen the good, the bad, and the ugly. the good has been off the wall inspiring, the bad made me doubt humanity. >> when she adopted a new anti harassment policy. >> reporter: the users cried censorship and then they fired victoria taylor. >> the users, especially the moderators thought she was someone they could rely on. she said she was proud and honored to be their ambassador. >> reporter: 200,000 people signed a change.org petition to oust pao. she admitted defeat. reddit called it a victory while insiders were more. pao will remain on reddit's board until the end of in year. andria borba, kpix5. >>> ross marcorini is pointing fingers right back at the feds of the the pier shooting. >> i find it sad and incomprehensible that this tragedy is being used as a platform for political gain. >> f

our video of ellen powell is from that sexual harass trial. there's a lot more toel ellen powell than that trial. we asked several times for an interview. that's the video we have of else lone powell. mountain view google reports its profits after the bell. it's famous for spending money and making money. robot cars google glass, and its founders have said investors should not expect them to stop spending money. but there is a new sheriff in town. this is ruth and she's google's new financial officer. google spent a lot of money to get her. we expect her to tighten spending at google. we were just talking the other day about how google is slowing hiring. pratt has been at google for a couple of months but this is the first time we'll hear from her this afternoon. there will be a current call so we'll get a better understanding of where she's coming from. >> fascinating to see. >>> in the meantime if you use turbo tax. cloud storage. customers who use turbo tax 2014 from a cd need to download their files now before they are deleted. not clear h

the changes the new ceo is promising users in the wake of the controversy surrounding former leader ellen powell. >>> also the oil spill cleanup is almost over what scientists are doing this weekend to make sure that the california coast is finally safe. >>> and we're enjoying mostly sunny skies right now, temperature in the 70s around san jose out towards the tri-valley though the sat light view a little interesting here a weather system offshore bringing more clouds our way as we had had he had into tonight but will the system bring us any more july rain? we will have a look at that in the forecast when we come right back. time trying to make things right with the social media >>> well reddit's new ceo is wasting no time trying to make things right with the social media site's users. today steve huffman said that the company is reconsidering its policies after several recent changes prompted hundreds of thousands of complaints. one was the hiring of ellen powell, she became the ceo after losing a gender discrimination lawsuit against her previous employer. powell stepped down yesterday

there will be thousands, ellen, thousands that's the problem. >> tammy bruce and ellen ratner thank youeas feel trapped by gang and violence. it is difficult for them to dream of becoming successful in an environment running rampant with illegal drugs, guns and even murder. but there is a team of teacher and parents that is helping children break free from these areas by teaching and encouraging them to get a good education. all summer and throughout the school year the midtown educational foundation is committed to turning boy and girls into successful men and women living beyond the dream. >> i started in midtown in sixth grade. >> he's growing up as a soonn of a single mother chances was slim to none that randy would succeed. his mother had a dream. he found an ally in the midtown educational foundation. >> what compelled you to say i can do this i can achieve something great in life? >> one thing i think about midtown it focuses on a total person. midtown really focused not just athletics or academics but character and who you are as a person. >> what is character? a lot of you have

mary ellen o'toole, former fbi profiler. thank you so much for helping us.the clock now. we'll have to take a quick break. we'll be right back. unbridled jealousy.ady for suspense. she's still there. new beginnings. goodbye. and sheer exhilaration. and sheer exhilaration. lock and load. roger. it's the event you don't want to miss. it's the summer of audi sales event. get up to $3000 bonus on select audi models now during the summer of audi sales event. human sardines packing so into tiny frames. come to. carrying around sticks like cavepeople. trying anything to fit in everything. you can keep struggling to get everyone in your shot. or, you can change the way you take selfies. the samsung galaxy s6 and s6 edge, with a wide-angle and high-res selfie camera. >>> so many people asking this morning, what happened to sand california bland. that's the community in texas and their big question today. the texas community circulating this poster on social media as they plan to hold a candle light vigil for the 28-year-old. >> bland was found dead in her cell just t

all along, mary ellen, you would they get out of that. they just want to get as far away as quickly as possible. if you look at it as joyce mitchell for some reason wanted her husband dead and wanted to go off with one or both of these guys, that does seem to make more, just on the face of it, passes the smell test a little better? >> behaviorally to me it does. and whether or not they can actually prove it becomes another story. but one of the things i think that is important about her is that -- this is a woman who really gained some status in that facility and she was enjoying all the attention and all the perks that came along with being matt's girlfriend. i would not at all be surprised if she leaked information to somebody else about how her life was going to change and how she was going to be free of lyle. i would expect to hear that if in fact she was the one that suggested her husband be killed. this is not a woman who keeps secrets. so, hopefully during their interviews, they'll be able to identify someone else that could corrob