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emily: the headlines, reddit is burning, reddit is at war with itself. is very real risk reddit could go away? peter: that would be really difficult. people develop their habits for entertainment. i know that i am addicted to the website. i still 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 free speech or open platforms. as far as whether ellen pao can drive it into the ground, i do not think so. she has an unenviable task. she has two stakeholders. users who curate and create content that people love and then she has shareholders and people she needs to return the investment. how do you make something profitable without discouraging user participation? how do you put ads up without infuriating users when they want to get to the content? emily: should reddit be a business at all? or is it just a community? there was an idea of using the lock technology, but the site could run itself and there would not need to be management. sarah: it
emily: the headlines, reddit is burning, reddit is at war with itself. is very real risk reddit could go away? peter: that would be really difficult. people develop their habits for entertainment. i know that i am addicted to the website. i still 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 free speech or open platforms. as far as whether ellen pao can drive it into the...
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Jul 6, 2015
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a vast majority of the reddit community believes that she has overstepped boundaries and will run reddit into the ground. 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 reddiotors complain they are curtailing their freedom of speech. we have our guests here -- peter, you signed the petition. i have to start with you. why did you sign it? why was the tory a tailor so valuable to reddit, and still no explanation for why she was fired. -- victoria taylor so valuable to read it? peter: as to why victoria taylor was so valuable to read it, she was the go-between between volunteer moderators who are the lifeblood of the community -- she was in between those volunteer moderators and the administrators or the employees of reddit and she was seen as a good line of communication in a company and community that otherwise had become somewhat dysfunctional, where the people who ran the com
a vast majority of the reddit community believes that she has overstepped boundaries and will run reddit into the ground. 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 reddiotors complain they are curtailing their freedom of speech. we have our guests here -- peter, you...
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Jul 14, 2015
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emily: so how does reddit handle that?ax: 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 company 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. what can reddit be? ben: the traffic has gone to mobile. not just the updating of the technology, but consumption has really changed. facebook, pinterest, twitter. now they can actually fill very different roles, and reddit's core value is that it can grow into an anonymous community, and the same tactic that allows people to flower their creativity and expression is the same one that actually also harbors some of these darker sides. emily: quickly, max, can reddit be a strong business? max: it is the anonymous role of the public, which sometimes turns
emily: so how does reddit handle that?ax: 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 company 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. what can reddit be?...
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Jul 14, 2015
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reddit is now under fire.hief executive resigned after only eight months on the job, unclear why she stepped down, but she vuz vilified in recent weeks by reddit members online. powell made headlines not too long ago when she lost a gender discrimination suit against her previous silicon valley employer. this story has people talking about the dark side of social media and the way she was treated. we are joined by the cofounder of change the ratio which aims to increase opportunities for women in tech. welcome back. >> thank you for having me. >> what is the problem with reddit in your opinion? >> reddit is an expansive site. there's a lot of good about it. but it is largely unregulated. it is meant to sort of foster free speech -- >> anonymous? >> of course. there's a lot of anonymity there, and there's a lot of sort of hateful, controversial, sub reddits they are called and threads that have been problematic to say the least in the past. >> when you say hateful -- >> racist. holm phobic. >> anonymous people
reddit is now under fire.hief executive resigned after only eight months on the job, unclear why she stepped down, but she vuz vilified in recent weeks by reddit members online. powell made headlines not too long ago when she lost a gender discrimination suit against her previous silicon valley employer. this story has people talking about the dark side of social media and the way she was treated. we are joined by the cofounder of change the ratio which aims to increase opportunities for women...
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Jul 13, 2015
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are you on reddit, matt?att: i think it is a great place to get information, but just like if i am in a bar talking to people in a free country, we will say whatever we want. you can do the same thing on reddit, that's kind of the point. alix: linnaeus you this, will they reversed the decision she made by firing that woman and sort of having more -- taylor.oria seems like alan powell was busy doing other stuff when she should of been running reddit. he wille has said that be staying behind these decisions, but can he do it in a way that makes everybody happy? it certainly seems like redditers are never completely happy. do you think the racist and sexist comments are ok? if they are going to try to turn this into a legitimate business, is that stuff ok? matt: i mean, i wouldn't -- emily: for the matt miller's of the world. alix: i would not -- matt: i would not make those comments in public. but people have a right to say what they want, people have free speech in public and on the internet and that is reddit
are you on reddit, matt?att: i think it is a great place to get information, but just like if i am in a bar talking to people in a free country, we will say whatever we want. you can do the same thing on reddit, that's kind of the point. alix: linnaeus you this, will they reversed the decision she made by firing that woman and sort of having more -- taylor.oria seems like alan powell was busy doing other stuff when she should of been running reddit. he wille has said that be staying behind...
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Jul 6, 2015
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that is the joy of reddit.woman, victoria taylor, who was working there as the person sort of in charge in helping -- of helping these communities grow, when she was surprisingly fired, by all accounts, the entire community there, already antsy about changes that were being made involving making it , they wereate already antsy when the person sponsoring the conversation was pushed out, they responded by asking for her resignation and 300ing much of a site, discussions, dark over the weekend. much,thank you so fascinating story. interim ceo, right? what happens there? scarlet: have you ever gone on reddit? alix: no, but i'm sort of stuck in the 20th. i didn't realize that they were volunteer. anyways, i am gone. alix: you are leaving, i will miss you as always, but we have lots more coming up. even though the stock exchange has lost one third of its value in the past year, coca-cola is doubling up. more on that tory. ♪ back to thee bloomberg market day. let's get to a look at the top headlines of this afternoon.
that is the joy of reddit.woman, victoria taylor, who was working there as the person sort of in charge in helping -- of helping these communities grow, when she was surprisingly fired, by all accounts, the entire community there, already antsy about changes that were being made involving making it , they wereate already antsy when the person sponsoring the conversation was pushed out, they responded by asking for her resignation and 300ing much of a site, discussions, dark over the weekend....
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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. they don't get any salary or benefit. it's not hard for them to say we're doing this why? >> if this company wants to be saved, powell he says should be replaced. reddit had 164 million visits to its site last month. >> facebook executive sheryl sandberg is taking a seat on the board of her late husband's company. >>> david goldberg had been ceo of survey plan can i in six years when he died in march -- monkey for six years when he died in march in a fall. she said she wants to them realize her husband's vision of a lasting company. >>> a stunning confession for bill crosby. court documents that the comedian fought to keep secret have just been revealed. >> in the past two years one woman after another have come forward accusing bill cosby of sexual assault or misconduct. tonight there's proof cosby admitted under oath that he got drugs to give wome
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. they don't get any salary or benefit. it's not hard for them to say we're doing this why? >> if this company wants to be saved, powell he says should be replaced. reddit had 164 million visits to its site last month. >> facebook executive sheryl sandberg...
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Jul 16, 2015
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the ceo before powell is spilling some of reddit's secrets on reddit. the short version, it's run by kind, well meaning people, but reddit is a mess and it's trying to get itself out of that mess. one question for today's ama, will reddit continue to shut down some of the more controversial and offensive discussions called subred dits, it's new ceo hints it will. steve huffman says near the co-founder more nor i created reddit to be a bastion of free speech, which is a fine statement, except red at this time users point to a quote by alexis ohamian where he's asked what the founding tears would have thought of red at this time. a best i don't know of free speech? i bet they would like it. snow google reports its profits after the bell today, google makes a ton of money but is famous for spending a lot of money, robot cars and internet balloons, long-term bets. it's founders have said investors should not expect them to stop, but also a new sheriff in spot, this is ruth paratt and she is google's new chief financial officers. she makes tens of millions o
the ceo before powell is spilling some of reddit's secrets on reddit. the short version, it's run by kind, well meaning people, but reddit is a mess and it's trying to get itself out of that mess. one question for today's ama, will reddit continue to shut down some of the more controversial and offensive discussions called subred dits, it's new ceo hints it will. steve huffman says near the co-founder more nor i created reddit to be a bastion of free speech, which is a fine statement, except...
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Jul 11, 2015
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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 anything about the robbery. >>> a state beach closed in may is about to reopen. rangers say they will open the state beach for swimmers and campers next week. it is north of santa barbara. in mid may crude oil spilled into the ocean. other beaches have already reopened. >>> state crews launched an eradication effort aimed at the oriental fruit fly. the pest is considered a huge threat to growers who could lose a season worth of crops overnight and it could damage your backyard trees as well. six flies were in cupertino between june 23rd and 24th. nbc bay area's robert
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 anything about the...
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pao having at reddit? i think she wanted to impose more control and treated t as the framework of stopping comments that are injurious to people but that is not how reddit works. it polices itself. ofreally flew in the face what reddit's obsessive users think the community is all about? mark: what is the community all about? want free speech? yes, unkind sometimes. let free speech. this came to the four when jesse jackson was a guest and people were talking about jesse jackson is a fraud, a bad guy, saying all kinds of things to jesse jackson and his career and the result was a forum that was not as free as read it was used to, although perhaps not as simple a discussion as reverend jackson is used to. mark: where does reddit go from here? cory: they have to figure out a business model and can they have a place where rabid users are advertised to and willing to pay for services, and they are not bear yet. mark: what is going on intact? please stop is up a bit, but seagate came out and preannounced low sale
pao having at reddit? i think she wanted to impose more control and treated t as the framework of stopping comments that are injurious to people but that is not how reddit works. it polices itself. ofreally flew in the face what reddit's obsessive users think the community is all about? mark: what is the community all about? want free speech? yes, unkind sometimes. let free speech. this came to the four when jesse jackson was a guest and people were talking about jesse jackson is a fraud, a bad...
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. >> reddit website is now back on. protesters are angry because a reddit employee who runs a popular section has been sacked. reddit answered by saying it doesn't discuss individual employee relations. >>> the 3,000 kilometer long inca roadinca route. here is tom ackerman. >> reporter: near the u.s. capital, a group of visiting peruvian visitors braiding a replica of this suspension bridge. >> we prepare more than a thousand ropes to make 70 meters. >> the bridge is a link in the 3,000 kilometer road, built in the 15th century at the height of the inca empire. peru argentina chile ecuador just opened in the museum of the american indian. >> still use the inca road. how people to walk the road. >> borero and his colleague mattos spent search years collecting materials for this display. >> it is a perfect pattern to understand how strong the incan situation, and the andes situation, stayed in subsistence. >> the incas interactive display illustrates the cachaka. the exhibit's creators say they weren't oblivious to the em
. >> reddit website is now back on. protesters are angry because a reddit employee who runs a popular section has been sacked. reddit answered by saying it doesn't discuss individual employee relations. >>> the 3,000 kilometer long inca roadinca route. here is tom ackerman. >> reporter: near the u.s. capital, a group of visiting peruvian visitors braiding a replica of this suspension bridge. >> we prepare more than a thousand ropes to make 70 meters. >> the...
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mark: this is a month after reddit ssays harasses people. corey: i think this is part of the same tug-of-war going on. there are groups of people trying to say whatever they want. there is a belief that even if the people are not involved in those boards that many users feel they have a place that's free and open and can say whatever they need to say. .that's what makes it so special trying to make a business around it is both the problem and the opportunity with something like reddit. it parallels what's going on over the internet for the last 16 years. betty: for a renegade company, they are raising money up to half $1 billion valuation. this is not peanuts. thank you so much. much more ahead on the bloomberg market day and why one former texas business owner went to jail for keeping his twitter and facebook password and we will explain this case next. ♪ mark: welcome back. has madecial media separating her personal life from business a bit tricky at least in the eyes of the law. one texas man learned the lesson the hard way after his gun
mark: this is a month after reddit ssays harasses people. corey: i think this is part of the same tug-of-war going on. there are groups of people trying to say whatever they want. there is a belief that even if the people are not involved in those boards that many users feel they have a place that's free and open and can say whatever they need to say. .that's what makes it so special trying to make a business around it is both the problem and the opportunity with something like reddit. it...
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Jul 16, 2015
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the krflt eo before her is spilling some of reddit's secrets on reddit. so the short version, reddit is a mess and it's trying to get itself out of that mess. >> i do want to make a side note about our video of ellen powell, it's from her sexual harassment trial. we have many times asked her for an interview, several times when she was ceo of reddit and we were turned town. sos that is the video we have of ellen powell. >>> let's check your news before the bell. landon dowdy is live at c nbc's headquarters. >> wall street looks to rebound from wednesday's small losses. giving up early gains as investors became anxious over the bailout vote in the greek parliament. look for earnings interest city group and goldman sachs plus more testimony from january net yellen on capitol hill. the do you flipping to 18,350. >> there's a new debate this morning over streaming music and it doesn't involve taylor swift. it involves neil young. neil young you may not know him, but if you do you know him for old man and heart of gold. this song. now, young says he is quittin
the krflt eo before her is spilling some of reddit's secrets on reddit. so the short version, reddit is a mess and it's trying to get itself out of that mess. >> i do want to make a side note about our video of ellen powell, it's from her sexual harassment trial. we have many times asked her for an interview, several times when she was ceo of reddit and we were turned town. sos that is the video we have of ellen powell. >>> let's check your news before the bell. landon dowdy is...
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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. >> francisco sanchez is accused of killing kate steinle on the pier 1. he had been released from jail after a judge dropped a drug charge despite sanchez's history of drug convictions and five deportations. the sheriff said he had no legal right to hold sanchez. >> the san francisco sheriff's department naturally and will always comply with a warrant. >> the feds fired right back saying the sheriff's department ignored their request to notify them of sanchez's release. tonight, they said had ice been notified, the agency would have taken this individual into custody and removed him from the custody. and bullistic tests confirm the weapon was the weapon in the deadly shooting. someone stole it from a federal agent's c
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. >> francisco sanchez is accused of killing kate steinle on the pier 1. he had been released from jail after a judge dropped a drug charge despite...
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ellen pao forced to resign after a revolt by reddit users.s one of the rapid sites on the internet. some have called it the man cave of the internet. that's because out of the 160 million monthly users, close to 120 million are male, many young men. many are wondering if this is sexism at play in silicon valley or was she the wrong person for the job? here is sarah lacy the founder of pando daily. thank you for being here. >> thanks for having me. >> what really happened in this case? when i've looked at the message boards all of the conversations, some of the chatter about the ceo was disgusting misogny was directed at her. is that what ended her role as ceo? i think her role was adopt the from the moment she came in starting with calling her interim ceo. reddit is a weird beast. >> you can say that again. >> it's indicative of silicon valley at large. it was a company that was acquired by condo nast. it was seen as the failure compared to dig. ten years ago. and it was kind of left for dead and continued to grow. it grew because of unpaid m
ellen pao forced to resign after a revolt by reddit users.s one of the rapid sites on the internet. some have called it the man cave of the internet. that's because out of the 160 million monthly users, close to 120 million are male, many young men. many are wondering if this is sexism at play in silicon valley or was she the wrong person for the job? here is sarah lacy the founder of pando daily. thank you for being here. >> thanks for having me. >> what really happened in this...
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reddit's new ceo is taking steps to define the site's policy. will be joined by the new venture, arm. google's second quarter earnings topping analysts estimates. shares are reacting to the news, surging above 8% in after-hours trading. google's new cfo is addressing investors right now for the very first time on the earnings call, saying the company will take great care regarding resource allocation. joining me here in the studio adam burke. he is a former google employee. also, mike do just -- dudis. google have been getting killed in mobile advertising specifically by facebook. are these numbers more reassuring? adam: i think it's a situation where the entire pie is growing. i don't know if i would classify google as getting killed. there are still extremely dominant. i think we are seeing a new very compelling option with facebook. certainly the overall tailwinds to the mobile advertising face -- space is growing rapidly. google continues to expand. they don't have the monopolistic type position that they did in desktop search, but they are
reddit's new ceo is taking steps to define the site's policy. will be joined by the new venture, arm. google's second quarter earnings topping analysts estimates. shares are reacting to the news, surging above 8% in after-hours trading. google's new cfo is addressing investors right now for the very first time on the earnings call, saying the company will take great care regarding resource allocation. joining me here in the studio adam burke. he is a former google employee. also, mike do just...
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. >>> more trouble for reddit, as well. we'll walk you through the drama coming up in business and tech. >>> and maybe you would like to walk or run across the golden gate bridge. at least these commuters traveling quickly across. another car manufacturer is under investigation >>> new this morning, another car manufacturer is under investigation for exploding air bags. the national highway traffic safety administration says arc automotive incorporated made air bag inflaters that could potentially malfunction. investigation covers hundreds of thousands of chrysler and kia vehicles. it comes after massive fallout with japanese air bag maker takata. they recalled 38 million inflaters in the u.s. for a similar problem. >> all those problems at reddit have blown up. >> scott mcgrew, new accusations against the company this morning and another resignation. >> yeah, good morning to you. reddit has hit that crisis point all crisis managers dread, sam and laura, where it's really not in control of its own narrative. one of the form
. >>> more trouble for reddit, as well. we'll walk you through the drama coming up in business and tech. >>> and maybe you would like to walk or run across the golden gate bridge. at least these commuters traveling quickly across. another car manufacturer is under investigation >>> new this morning, another car manufacturer is under investigation for exploding air bags. the national highway traffic safety administration says arc automotive incorporated made air bag...
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calling for the removal of reddit's ellen pao.ight after this break. ♪ rishaad: this is "trending business." what is trending on social media. roberta vinci are talking about ellen pao -- reporter: we are talking about ellen pao, reddit's cl. she 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
calling for the removal of reddit's ellen pao.ight after this break. ♪ rishaad: this is "trending business." what is trending on social media. roberta vinci are talking about ellen pao -- reporter: we are talking about ellen pao, reddit's cl. she 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...
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other executive leaves reddit more trouble for that san francisco company. we will take a look coming up. other executive leaves reddit more trouble for that san francisco company. we will take a look coming up. a reddit more trouble for that san francisco company. we will take a look coming up. ns reddit more trouble for that san francisco company. we will take a look coming up. adlib live picture federal officials are meeting in washington d-c this morning to pinpoi >>> federal officials are meeting in washington, d.c. this morning to pinpoint exactly why an experimental rocket ship broke apart high above the mojave desert last year. virgin galactic's space shift 2 was on a test plight when it disintegrated ten miles above the ground. the nt is sb has said video taken from inside the cockpit appears the show the co-pilot prematurely unrocking the tail. he died in that crash. the pilot was also seriously hurt but survived. virgin galactic is going and testing a new version of spaceship 2 in the opens of one day taking tourists to the edge of space. >>> a bi
other executive leaves reddit more trouble for that san francisco company. we will take a look coming up. other executive leaves reddit more trouble for that san francisco company. we will take a look coming up. a reddit more trouble for that san francisco company. we will take a look coming up. ns reddit more trouble for that san francisco company. we will take a look coming up. adlib live picture federal officials are meeting in washington d-c this morning to pinpoi >>> federal...
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would reddit users have turned on a male ceo as hard as they did against pao.will find out - the next ceo is a man.. though he's also one of the sites founders. pao of course.. lost a major sexism lawsuit against her previous employer. scott the controversy over reddit came to a head after the firing of one of the company's popular employees with no explanation.. but anger had been brewing for quite some time. reddit users.. felt - and feel - they run the site. they make it what it is.. and they were very resistant to pao's changes. scott/vo wall street is applauding the agreement in europe.. that gives greece a new bailout. the various parliments in the countries that make up the european commission also have to approve the deal. the greek parliment too. we'll take a closer look in our 6 o'clock hour. scott/vo and sam and laura.. did you see this? berkeley breathed (breth-ed) has posted a picture to his facebook.. that seems to say the comic strip bloom county is coming back after 25- years. you can see the penguin opus.. seemingly waking up from a nap. =2x1 b
would reddit users have turned on a male ceo as hard as they did against pao.will find out - the next ceo is a man.. though he's also one of the sites founders. pao of course.. lost a major sexism lawsuit against her previous employer. scott the controversy over reddit came to a head after the firing of one of the company's popular employees with no explanation.. but anger had been brewing for quite some time. reddit users.. felt - and feel - they run the site. they make it what it is.. and...
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he was founder -- he fired a popular reddit employee led to a user uprising at reddit. it led to the resignation of reddit's ceo on friday. powell was not the one who fired taylor, it was ohanian. we have no independent way of verifying any of this. but bottom line is you have an ex-ceo accusing a founder of sabotaging an ex-ceo could it get worse? the answer is yes, it can. our sister news agency is reporting this morning, reddit's top engineer has resigned. she had only been with the company a couple months. she didn't quit because of the powell controversy, she did say she had lost confidence in the direction of the company. >> other news wall street journal says this morning, google will slow its highering process. google reports profits thursday the journal says google hired a little more than 1800 employees last quarter, compared to 2400 in the same quarter the previous year. >> starbucks has announced it will work to hire young people with barriers. 16 other companies are joining in the effort including alaska airlines taco bell and jcpenney. the idea is to find
he was founder -- he fired a popular reddit employee led to a user uprising at reddit. it led to the resignation of reddit's ceo on friday. powell was not the one who fired taylor, it was ohanian. we have no independent way of verifying any of this. but bottom line is you have an ex-ceo accusing a founder of sabotaging an ex-ceo could it get worse? the answer is yes, it can. our sister news agency is reporting this morning, reddit's top engineer has resigned. she had only been with the company...
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Jul 10, 2015
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. >> we've got some breaking news here on reddit. let's get to sue herera in the newsroom. >> thank you very much, melissa. ellen pao is stepping down as reddit's ceo. that's according to our partners at re/code. and the co-founder, huffman, mr. huffman takes over. you may recall that ellen pao unsuccessfully filed suit against kleiner perkins claiming gender discrimination. she's stepping down as reddit's ceo, a move that comes amid mounting pressure after a series of management mishaps that has angered a very vocal online community. according to re/code, steve huffman, reddit co-founder and original ceo will be taking over immediately. melissa, back to you. >> all right. sue herera, thanks for that update. in the meantime, here's what else is coming up on "fast." >> big tech earnings on deck. intel, netflix, google set to report. our traders say one of those names is set for a major surprise. we'll tell you the stock and how to profit. and later in the hour the vix is doing something that is signaling a major buy sign for stocks. w
. >> we've got some breaking news here on reddit. let's get to sue herera in the newsroom. >> thank you very much, melissa. ellen pao is stepping down as reddit's ceo. that's according to our partners at re/code. and the co-founder, huffman, mr. huffman takes over. you may recall that ellen pao unsuccessfully filed suit against kleiner perkins claiming gender discrimination. she's stepping down as reddit's ceo, a move that comes amid mounting pressure after a series of management...
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Jul 12, 2015
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. >>> reddit doing damage control. 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
. >>> reddit doing damage control. 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...
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. >>> new at 5:00 ellen pao is stemming down as ceo of reddit.t comes as a rocky 8 month period as ceo of the message board. she apologized this week for mishandling the firing of a popular reddit employee. outraged users of the site called for pao to step down. pao was known for losing a gender discrimination lawsuit against silicon valley firm kleiner perkins. reddit cofounder and former ceo steve huffman will replace her. >>> history in south carolina. the confederate flag which stood as a powerful symbol and the old south for 50 years came down today for good. [ applause and cheers ] >> a large crowd cheered as an honor guard lowered the flag. francis parker a descendent of slaves was among the thousands who witnessed the moment in person. >> this flag. >> just a symbol that others -- this flag is just a symbol that others use perpetuating hate. >> it's one to revise history and current events. it's another thing to live in the moment. >> hey, hey, hey, good-bye ♪ >> the debate over the flag reignited last month when a gunman killed nine peop
. >>> new at 5:00 ellen pao is stemming down as ceo of reddit.t comes as a rocky 8 month period as ceo of the message board. she apologized this week for mishandling the firing of a popular reddit employee. outraged users of the site called for pao to step down. pao was known for losing a gender discrimination lawsuit against silicon valley firm kleiner perkins. reddit cofounder and former ceo steve huffman will replace her. >>> history in south carolina. the confederate flag...
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Jul 7, 2015
07/15
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reddit is a user based service. the anger against the leadership is something the company's going to have to take into consideration. >>> a northern california family will be in court today over a video link put on youtube. they pulled this video off the internet a couple years ago, claiming a copyright violation, that little baby dancing to prince's go crazy. the music, universal says can't use it. you didn't pay prince to use it. >> this court case is going to be heard in san francisco court. the ones bringing the case they want to fight for your right to use music in this sort of incidental way saying it can't hurt prince. universal music is using its copyright. >> we are nbc universal, but we're not involved in this. >> one thing we can't agree on is it's a pretty cute little kid. >>> get ready to pay more for that morning jolt of coffee? starting this morning, prices at starbucks went up. your favorite drink could cost you anywhere from a nickel to 20 cents more that means a large coffee. just a large coffee. n
reddit is a user based service. the anger against the leadership is something the company's going to have to take into consideration. >>> a northern california family will be in court today over a video link put on youtube. they pulled this video off the internet a couple years ago, claiming a copyright violation, that little baby dancing to prince's go crazy. the music, universal says can't use it. you didn't pay prince to use it. >> this court case is going to be heard in san...
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that's why i liked your reddit ama.ere is -- obviously, there's some affection between you guys. [ laughter ] so why did you pick kevin? >> look. i'm not like a ginormous man. but i'm not tiny. and my wife is really tiny. i've always wondered what it felt like to just be held -- >> seth: yeah. [ laughter ] >> and to be so small and just like, snuggling and like, be carried away up the stairs and not like i do that to anybody. but -- >> seth: when joe manganiello was here earlier in the week, i went backstage to say hi to him -- this is a true story. i went to give him a hug. and i hugged to high on his body so that when he hugged me lifted me on my toes. [ laughter ] and i was on my toes, and my first thought was embarrassment, but then i just thought, "this is so lovely." [ laughter ] >> yeah. yeah. >> seth: i feel like a woman in a black and white movie from the '50s. >> yeah. >> seth: i feel like not a -- >> did you kick your leg up? >> seth: like -- this is so lovely. [ laughter ] if i have been like lifted off my t
that's why i liked your reddit ama.ere is -- obviously, there's some affection between you guys. [ laughter ] so why did you pick kevin? >> look. i'm not like a ginormous man. but i'm not tiny. and my wife is really tiny. i've always wondered what it felt like to just be held -- >> seth: yeah. [ laughter ] >> and to be so small and just like, snuggling and like, be carried away up the stairs and not like i do that to anybody. but -- >> seth: when joe manganiello was here...
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. >>> reddit ceo ellen pao resigned today amidst criticism a week after she fired a popular reddit employee. in what's being called the reddit revolt, many users stormed the online site protesting pao's decision. reddit cofounder and ceo steve huffman takes over. pao known for losing a gender discrimination lawsuit against the silicon valley firm kleiner perkins. >>> still ahead homeowners suddenly hit with a new bill. why they will have to pay thousands to live in the same spot. >> a spacecraft with bay area ties about to make history. how its mission to pass pluto could teach us about life on earth. >> mother nature teaching us a lesson the past couple days. yes, it can rain in july but the rain is gone. clouds are kind of gone, too. here's a look at berkeley a time lapse throughout the day. it is a beautiful evening. a cloud-free evening for most of you. is that a sign of things continuing for the weekend? >>> the area of course we can't buy a drop of rain these days but hundreds of homeowners in san mateo learned their houses will soon be in a flood zone. kpix 5's mark sayre explains th
. >>> reddit ceo ellen pao resigned today amidst criticism a week after she fired a popular reddit employee. in what's being called the reddit revolt, many users stormed the online site protesting pao's decision. reddit cofounder and ceo steve huffman takes over. pao known for losing a gender discrimination lawsuit against the silicon valley firm kleiner perkins. >>> still ahead homeowners suddenly hit with a new bill. why they will have to pay thousands to live in the same...
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Jul 5, 2015
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BLOOMBERG
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i wish her well at reddit. emily: she is now the ceo of reddit, she is making bold moves.as 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 that she 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? 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 outside the courts. believe me, from the beginning. it just wasn't possible. emily: she is proceeding with emily: she is proceeding with an appeal. she is asking for $2.7 million to walk away. why not just pay her and be done with it? john: if it were that easy, it would have been done. i will just tell you. it is not possible. beth: we have tried. emily: how hard did you try? beth: very hard. john: the details are not what m
i wish her well at reddit. emily: she is now the ceo of reddit, she is making bold moves.as 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 that she 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?...
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=tech= the problems for reddit >>> ra live mikt further at the big board. you would think there's trading, because you're seeing numbers move, but indeed nyse has halted all trading, and it may not restart. it is a situation we will continue to monitor. this is not a financial crisis. this appears to be a computer glitch. >>> the problems for reddit -- the popular bulletin board system used by millions if you're not family with it think of it as a thing interesting things you'll find on facebook three weeks from now. one alternative to reddit is call the -- so many users have tried tosh to knock the site off-line earlier. voat is back up this morning. >>> a new app premieres today it's called air grub formed by some form ser sysco executives. order what you said and it will be waiting at your terminal. >>> we all know san francisco house prices are out of control, and the bravo cable channel has taken notice. million dollar listing san francisco premieres tonight on bravo. they say the show follows the lines of three am bibs real estate agents as they try t
=tech= the problems for reddit >>> ra live mikt further at the big board. you would think there's trading, because you're seeing numbers move, but indeed nyse has halted all trading, and it may not restart. it is a situation we will continue to monitor. this is not a financial crisis. this appears to be a computer glitch. >>> the problems for reddit -- the popular bulletin board system used by millions if you're not family with it think of it as a thing interesting things...
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she suggested that reddit will fail out her. >>> the teenage girl who walked away from that deadly plane crash in washington is telling her story tonight. >> she told john blackstone about the moment she nearly gave up and the thought that kept her going. >> you just survived an air crash, your grandparents are dead. you are alone on a mountain. how are you holding it together? >> i really wasn't. i was sobbing. i was panicking. i was so afraid of dying. >> reporter: autumn veatch was flying for only the second time of her life when the single engine plane hit bad weather. >> it was clouds, trees, and fire. i have no idea how i got out. but i was full of adrenaline and got out super fast. i burned my hand trying to pull grandpa out. i'm very small. i couldn't pull him out. i could smell my hand burning. >> you could smell your hand burning? >> uh-huh. the entire first day, i could smell the flesh on my hand burning. >> you are almost certain you weren't going to make it? >> yes. i don't have any experience living outside or anything besides, like, a little bit of survivor shows and stuff
she suggested that reddit will fail out her. >>> the teenage girl who walked away from that deadly plane crash in washington is telling her story tonight. >> she told john blackstone about the moment she nearly gave up and the thought that kept her going. >> you just survived an air crash, your grandparents are dead. you are alone on a mountain. how are you holding it together? >> i really wasn't. i was sobbing. i was panicking. i was so afraid of dying. >>...
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reddit released a glowing statement. it reads in part "included a world class team of executives and drove growth." she brought face to reddit and is a pioneer in the tech industry. >> will stay spotless. a large part of the north bay is now a monument. president obama announced today he's protecting land stretching a hundred miles to snow mountain wilderness. the area is home to much wildlife, including bald and golden eagles, black bears and mountain lions. some rare plans and several ancient native american sites. two other national monoyumts in texas and nevada. they're not just pests, they're dangerous. state crews are now working on the peninsula to get rid of a fruit fly. crews are there today trying to eradicate the or yennal fruit fly. that fly discovered is the second invasion in the south bay. in the bay area in just the past few weeks. the plan is to spray a special insecticide formula into trees over a 14 square mile. a huge threat to growers who could lose a season's worth of crops overnight and could ravag
reddit released a glowing statement. it reads in part "included a world class team of executives and drove growth." she brought face to reddit and is a pioneer in the tech industry. >> will stay spotless. a large part of the north bay is now a monument. president obama announced today he's protecting land stretching a hundred miles to snow mountain wilderness. the area is home to much wildlife, including bald and golden eagles, black bears and mountain lions. some rare plans and...
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Jul 29, 2015
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. >>> reddit has been in turmoil some time.w it turns out women who work there are leaving in droves. four senior female employees left in the last month. earlier this month, the interim ceo ellen pao was ousted. pao known for losing her gender bias lawsuit against cliner perkins. the interim ceo of reddit said there is no gender discrimination problem there. >>> we have gotten a lot of stories and the driverless cars being tested in the bay area. now, technology has done away with something else. christin ayers shows us in marin county, america's favorite past time just got a taste of the future. >> reporter: on a warm summer night, a small minor league baseball team called the san rafael pacific made history. the game is the same. now check out the umpire. >> they told me not to call strikes. >> reporter: dean poteet is not moving much. he is calling fair and foul, but not balls or strikes. >> i will defer to the robot tonight. >> reporter: you heard that right. a robot designed to determine each player's stricken sand make t
. >>> reddit has been in turmoil some time.w it turns out women who work there are leaving in droves. four senior female employees left in the last month. earlier this month, the interim ceo ellen pao was ousted. pao known for losing her gender bias lawsuit against cliner perkins. the interim ceo of reddit said there is no gender discrimination problem there. >>> we have gotten a lot of stories and the driverless cars being tested in the bay area. now, technology has done away...
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she said you can take the william out of the reddit but you cannot take it out of the woman. the c.e.o. ellen pao apologized for how they handled her firing but only after a grow public demand for pao to resign. >> we can cross the rose bowl off the limits of venue competing to be a home to the nfl team that relocated to los angeles. according to hat -- "los angeles times" the unanimous vote was yesterday and the nfl has not responded to the decision. the looking has pursued the rose bowl in the past but the ideas with shot down after influential neighborhood groups protested. >> vice president biden plans to praise the supreme court's ruling legalizing same-sex marriage nationwide. the pro gay page group freedom to marry said he will speak at a celebration held in new york city. sheehan advocate no one lgbt rights since announcing their support in the runup to the 2012 presidential election. >> it is now 6:09. the california state fair kick off with a major change. >> yes. according to the sacramento bee no pregnant sows will be featured and more goldfish are awarded as priz
she said you can take the william out of the reddit but you cannot take it out of the woman. the c.e.o. ellen pao apologized for how they handled her firing but only after a grow public demand for pao to resign. >> we can cross the rose bowl off the limits of venue competing to be a home to the nfl team that relocated to los angeles. according to hat -- "los angeles times" the unanimous vote was yesterday and the nfl has not responded to the decision. the looking has pursued the...
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reddit released this statement about how will she brought focus to chaos, recruited a world class teams an drove growth. she brought a face to redity that changed perceptions and is a pioneer for women. >>> coming up a pretty crazy drive to who will wood a passenger catches another car going backward down a busy winding road. >>> plus take a trip to south america without having to leave the bay area. the new san francisco zoo exhibit that could change how you view the rain forest. >>> and the weather right now at at&t park looks pretty nice sunny and breezy in san francisco, will be watching the giants game at 7:00 right here on nbc bay area. tonight more clouds and maybe a few showers as the weather system brings more clouds and showers on the north coast our way. look at that in the frast when we come back. there's a jungle in the city by the bay. today, the san francisco zoo on a brand new, rainfores >>> there is a jungle in the city by the bay. today the san francisco zoo opened a brand-new rain forest exhibit. >> it's taken years and also millions of dollars to complete. nbc bay a
reddit released this statement about how will she brought focus to chaos, recruited a world class teams an drove growth. she brought a face to redity that changed perceptions and is a pioneer for women. >>> coming up a pretty crazy drive to who will wood a passenger catches another car going backward down a busy winding road. >>> plus take a trip to south america without having to leave the bay area. the new san francisco zoo exhibit that could change how you view the rain...
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Jul 7, 2015
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. >>> the interim ceo of reddit is apologizing for her role in a personnel dispute that led to partial blackdowns. last thursday, she fired victoria taylor who coordinated a popular series called ask me anything. in protest, volunteer moderators who oversee forums on a wide variety of topics shut down more than 100 pages called sub writing. the statement from powell reads in part, quote, we acknowledge this long history of mistakes, we are grateful for all you dor for reddit and the buck stops with me. powell says she is committed to improving communication with the community. and she was appointed interim ceo since last year and since then has drawn national attention tore the sex discrimination lawsuit against a former employer. >>> the facebook executive cheryl sandberg is taking a seat on the board of her late husband's company. he was part of a survey monkey executives until he died in a treadmill accident in march. in a statement released by survey monkey, she is joining the board to help realize her husband's vision of a lasting company. >>> the prime minister of greece will mee
. >>> the interim ceo of reddit is apologizing for her role in a personnel dispute that led to partial blackdowns. last thursday, she fired victoria taylor who coordinated a popular series called ask me anything. in protest, volunteer moderators who oversee forums on a wide variety of topics shut down more than 100 pages called sub writing. the statement from powell reads in part, quote, we acknowledge this long history of mistakes, we are grateful for all you dor for reddit and the...
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pao and reddit said it was a mutual decision.nched a campaign calling for her ouster after a popular staffer was fired. pao apologized. ellen pao gained national attention when she sued, then lost a gender discrimination case against a silicon valley venture capital firm. >>> president obama will do something no sitting president has done before. he will visit a federal prison next week in oklahoma. he plans to meet with inmates there, as well as law enforcement officials. >> next week the president will underscore the administration's focus on the need to improve and reform america's criminal justice system. >> that prison is a medium security prison. >>> the world's most popular boy band is in the bay area this weekend. that's just one of the fun events going on around the bay area. mike mibach has your weekend watch. >> reporter: hello, everyone. hope you had a great fourth. i'm mike mibach and this is your weekend watch. i'm probably not going to be able to make this one, but tens of thousands of others will. one direction is
pao and reddit said it was a mutual decision.nched a campaign calling for her ouster after a popular staffer was fired. pao apologized. ellen pao gained national attention when she sued, then lost a gender discrimination case against a silicon valley venture capital firm. >>> president obama will do something no sitting president has done before. he will visit a federal prison next week in oklahoma. he plans to meet with inmates there, as well as law enforcement officials. >>...