because reddit, the sub reddits are run by communities of people with moderators. what they are angry about is reddit is making a change saying if you want to use our data -- there are a lot of third-party reddit apps out there, very popular ones that suck up the data from reddit and put it out on their own app there used to be twitter apps like this. because of the change the apps have to start paying for access to the data. there are a lot of reasons why reddit wants to do this. one, diversify revenue outside of advertising ahead of the ipo they filed for back in december of 2021. that has been delayed because of what markets did last year the other reason is they don't want chat gpt and other ai services scraping their site for free reddit is full of great information that these ai, large language models, would love to get their hands on >> so who is the aggrieved party here the outside scrapers and people who are scooping up reddit data? >> correct. >> not the people inside who are on reddit or working in reddit. >> well both they are upset because they can't u

this affects people who don't use reddit.hing about a baseball game, something about your favorite movie, something about skateboarding, you will not get results from reddit. reddit is a wealth of information and conversations about practically everything. by having this many discussion groups go dark, it is really affecting large swaths of the internet. geoff: on that point, companies that are developing artificial intelligence technology are using data from reddit to basically teach a.i. how to talk and have human interactions. what better way to do that than to use data from a discussion forum. is reddit not getting paid by the likes of openai and microsoft when they use their data? bobby: so, steve huffman, the ceo of reddit, has justified the new charges this way. he has said popular tools like chatgpt scrape reddit in order to train its ai models. steve huffman says i run reddit, this company has been around for almost 20 years, it has never been profitable. he is trying to takehe company public later this year so he ha

because reddit has gone dark, that's messing with google's results?> exactly basically the top search executives including the top search executive at google admitting what we all know which is a lot of people were penned reddit to their search queries because they know they'll get a better answer and this reddit rebellion, meltdown, shutting down the pages has exposed that weakness in google search results showing, hey, they're not actually that useful and when reddit goes away, we don't have an answer. >> you're left with nonsponsored ads, no reddit thing you can rely and nothing else to turn to. >> it's not just a problem with google by the way, this is a problem with amazon as well. these companies are incentivized by the market to grow their advertising business and therefore that means stuffing more ads when you search for something. i don't know again it happens on google all the time. especially if you're searching for a product or a movie or service. but on amazon, increasingly as well, it's hard to find those good organic results and you kno

. >>> reddit communities are going dark tomorrow in protest of reddit's new pricing policy. they will start charging more for individual forums and subreddits that use third party apps. users say that's the big problem. reddit's own app is limited, clunky, not accessible for people who are visually impaired. thousands of reddit pages are set to go dark for 48 hours starting tomorrow including the main bay area subreddit which has over half a million users. reddit is based in san francisco. >>> another curve ball in the oakland a's attempt to move to las vegas. tomorrow, lawmakers are supposed to meet again. the bill is a copy of the original ballpark bill. that did not pass before the state's regular selgz ended last week. if approved, the bill provides up to $380 million in public funding for a new a's stadium along the las vegas strip. the bill was heard in wednesday on a special session. nevada's assembly speaker is now criticizing the timing of a special session to talk about the a's possible move. >>> anthony joins us now, and i know the giants still playing that cubs g

for years, reddit users could rouse posts, write comments, and share pictures and videos on reddit from third party it apps. but starting next month, reddit plans to charge millions of dollars in fees for some of those third-party apps to continue accessing the platform. the blackout caused the site to crash earlier today. >>> and twitter is refusing to pay its google cloud bills. that's according to a report by platformer. twitter has signed a multi-year contract with google aimed at securing accounts. the contract comes up for renewal this month. platformer says the riff could result in twitter safety teams being hampered. >>> a skate park in sacramento was renamed in honor of tyre nichols. he grew up in sacramento. this park is where he developed his love of skate boarding and built strong friendships. community leaders say this is the best way to honor the kind of person tyree was. >> i want people to remember ty was full of love and joy, and that's what i want people to feel when they're here. >> i feel like it's really important to overshadow, you know what i mean, that negative s

well, reddit itself also fell. well, that is, it was completely inaccessible to anyone, but it was relatively quickly fixed another issue. what useful content is there much less is now available. well, artificial intelligence is to blame. the most famous generative neural networks and independent projects big business and the stock exchange investor and hundreds of millions of users all of them could not agree, and in the end it turned out. well, at least one of the largest strikes in the history of mankind is about the resource raid, which is considered the world's largest set of the most diverse communities of its kind, global superforms of more than 50 million daily unique users and about half a billion monthly visitors , despite the fact that this is not a messenger or a social network. and it’s not very fun, this is a place where you can, for example, get an answer to any question from really qualified specialists, for example, well, in the aviation community there are many current and former pilots of all str

. >>> reddit's troubles may be going from bad to worse. back in february, hackers claimed to have breached reddit and stolen data. it came after the company made a change that dramatically increased the price for third-party developers to use the company's application interface. now the hackers are threatening to release confidential data if reddit doesn't pay $4.5 million and change that pricing policy. a reddit spokesperson confirmed that no user data was accessed in the hack, but declined to comment about anything beyond that. >>> all right. ahead, tension rising between the u.s. and china. the two sides finally meet to discuss a way forward. we'll have the details of the high-profile meeting between secretary of state blinken and china's president. >>> and doctors in the bay area working on an artificial kidney that could be a massive game-changer. how soon it could be a reality for patients. that's when we come back. >>> i'm chief meteorologist jeff ranieri. look at this in the pacific. an unusual late-season system coming in. coming

thousands of reddit communities went dark today due to a massive user protests. the outages over reddit plan to charge millions of dollars in fees. >> third-party apps to access the platform. some of reddit's top at makers say they can it and they're shutting down for years. users were able to post pictures and videos from third-party apps for free. but starting next month, third-party app, developers will have to pay to access, read its data. fox news says tucker carlson's new show on twitter violates his contract with his former network. >> carlson was like, oh, my fox news back in april. just days after the network agreed to settle the dominion voting systems lawsuit for 800 million dollars. he launched a new show on twitter last week but was sent a cease and desist order by fox. even though the network fired carlson, it is still paying him through the end of next year and therefore contends he has to keep his content exclusive until then, a lawyer for carlson says fox news is trying to silence his client until after the 2024 presidential election. >> our weat

. >>> happening now for you, reddit communities are going dark to protect san francisco companies' new pricing policy. this is all in response to a plan to start charging to third-party apps that rely on reddit's interface. the company seeking to raise new revenues ahead of its plan to go public. some reddit users call the website limited, clunky, and not accessible to people who are visually impaired. the blackout will last 48 hours. >>> still ahead, what is trending including a funny moment from last night's a's maman: i'm not slowowing down anytitime soon. moment from last night's a's game. that's why i tatake osteo o bi-flex evevery day. maman: i'm not slowowing down anytitime soon. moment from last night's a's game. it''s clininically shohown to improrove joint comforort in 7 dayays, and contntinues to improvove over timime. kinda likeke us. osteo bi-f-flex. because i'i'm madede to m. i'm mark and d i live inn vero b beach, flororida. mymy wife and d i have three chilildren. ruthann n and i like to hike. we eat healthy. we exercisise. i noticed d i wasn't a as shp as i used d to b

thousands of reddit forms of gone dark.ial media giants long it largest online communities. the process came after reddit unveiled plans to charge for third—party apps to access the platform. global lenderjp—morgan chase will pay some $290 million dollars to settle a class action suit by alleged victims of convicted sex offenderjeffrey epstein. the lawsuit accused america's largest bank of ignoring the warning signs about its client during a 15—year relationship... because he had been a valuable client. epstein killed himself in 2019, while awaiting trial on sex trafficking charges. a mega $40 billion oil refinery complex in india has been hit by a fresh wave of protests after authorities began testing the soil for the project. nikhil inamdar reports from the village, where hundreds of women led the standoff. angry and determined. these women are fighting to save their lands. we don't want this project. why should we damage our environment to clean dirty oil coming from an arab country? many of them were arrested last month

have been used to help teach ai systems like chatgpt, and reddit ceo says the company shouldn't giveluable information away for free. the popular third party reddit apps said they will have to shut down when the new pricing plan goes into effect at the end. month. >>> still to come. why the stars behind "good will hunting" are trying to solveve theieir problem with the trump campmpaign >>> and papat sajak is a almost out t of vowels s for good almo ouout of vowelels for goodod ll-l wiwith hundrededs of s scrubbing s strips- ththat absorb b and lock dirt awaway, for a mop p and bucketet clean inin half the e time. momop smarter r with the n w swififfer powermrmop. for peoplele who are a a lie intense e about hydrdration. neneutrogena®® hydro b boost lightweighght. frfragrance-frfree. 48-hour hyhydration. frfragrance-frfree. for thatat healthy s skin g. neutrogena®. for people with skin. from prom m dresses to w workouts for thatat healthy s skin g. and d new adventnt res you hopepe the more e you ge the lessss they'llll miss. but t even if yoyour teen ws vavaccinated againsnst meningi

and, finally, thousands of reddit| finally, thousands of reddit forums have gone dark in one of the largestuts will restrict content from being publicly visible. protests came after they u nveiled protests came after they unveiled plans to charge millions of dollars in fees for third—party apps to continue accessing the platform. and thatis accessing the platform. and that is all for you from this edition of asia business review. i am monica miller, thank you for watching. voice-over: bbc news bringing you different stories _ from across the uk. from the outside, this car looks pretty standard — much like something you might see on the road. but it's no ordinary car. take a closer look inside — there's no driver. or is there...? don't worry, it's all legit. it's actually part of a study at the university of nottingham into how autonomous cars could work on the road. it's been really good fun, actually. i mean, they say that research is serious, but this has been good fun. a ghost driver's being used because current legislation means you can't have a car without someone in the driving seat —

thousands of reddit communities will be inaccessible today in protest at how the site is being run.roducing controversial charges to developers of third—party apps, which are used to browse the social media platform. but this has resulted in a backlash and almost 3,500 subreddits will be inaccessible as a result. billionaire financier george soros is handing over control of his $25 billion empire to his son, alex soros. the move was confirmed after an interview mr soros did with the wall streetjournal. the 92—year—old philanthropist had previously said he didn't want his foundation to be taken over by one of his children. when asked about his decision to pass the reins over to his son though, mr soros said he had earned it. 0ur huge appetite for renewable energy has set off a new race — this time for raw metals like nickel and cobalt. you can either dig them out of the ground or — in theory — pick them off the ocean floor. but as michelle fleury has been finding out, sea bed mining might be more complex than it seems. this robot was designed to collect rare metals from the ocean flo

reddit says this new policy is needed to be self sustaining stocks lost some steam today. the dow lost 108 points. the nasdaq down 93, and the s&p lost 16 points. but regardless of the down day today, the s&p and nasdaq had their best week since march. the markets are closed monday, along with federal offices for the juneteenth national holiday. bart is trying to get everybody on the same page. the unusual train ride happening tomorrow morning also had baseball, maybe america's pastime, but some cricket fans in the south bay say otherwise. the cricket festival happening this weekend . plus, it was a beautiful day today in most parts of the bay area. meteorologist roberta gonzales will have a look at the weekend forecast could be a precursor to something bigger. from a distance player movements and the swing makes you think of baseball. but this. well, this is the california cricket association's 17th annual festival. the four day event takes place at nine sites across the south bay. two of my son both were interested, so i be decided to have a profession coaching for them.

some of reddit's top hat makers shutting down for years.ere able to post pictures and video from third-party apps for free starting next month, third-party developers will have to pay to access, read its data. >> the countdown is on for the next total solar eclipse to sweep across north america. travel experts say you better start planning booking your trip. now on april, the 8th of 2020 for the move will cast its shadow across a large stretch of the eastern united states, mexico and canada plunging millions of people into darkness in the middle of the day. some eclipse viewers will go to great lengths to watch the special event, hotel and rental property owners say rooms are still available along the of totality. but they are going fast and the room rates are going up. if you miss next year's spectacle, you have to wait another 20 years until the next one. a new study shows the trendy keto diet could help fight cancer. researchers say the high fat low carb diet may help starve tumors of the glucose. they need to grow. the study also found

reddit is also reducing hiring plans to 100 people instead of 300 for the rest of the year >>> a rae ecent spike in jobless claims leads to the question of whether the economy is steady or not. the number of people applying fon unemployment benefits is up. some economists are saying the job market's still strong, despite layoffs across industries nearly 340,000 jobs were added m may. >>> still to come, a play bill with the best on broadway their weekend. >>> the new menu i item taco b isis adding soso v vegans can ne mas. vegans cacan live mas. like i spepent hours c cl! like i spepent hours c cl! and you u know i dididn't. it makes m my running g shoe look likike new. it's amazizing! wow, i it makes itit look like. i don'n't have kidids at all. it's so o good, it m makes itk like i have magigical power! with 80% l less scrubbbbin, mrmr. clean mamagic eraser makes cleaning easasy. alsoso availablele in shee! pepcpcid completete works fat and d lasts for popowerful heaeartburn rel. with a an antacid d that ststarts workiking in secoco- and a acidid reducer thatat relieves s occasional

reddit planning to cut approximately 90 positions.he online discussion platform is also scaling back its hiring plans. reddit joins a slew of technology companies that have turned to layoffs to cut costs and boost profitability. this is important to think about because this was expected to go public. maybe it will reopen what has been a frozen market. they have to show profitability overgrowth at all costs. ed: we reported the story 24 hours ago and when i was reading the memo from steve hoffman it jumps out this is not an action taken because of hardship, but because they looked at it and said we can achieve breakeven next year. they filed for an ipo in late 2021. we have not heard much about that since then. a smaller company, 2000 people. 5% is 90 jobs. never pleasant to talk about layoffs in the technology industry. caroline: it feel small when we think about the hundreds of thousands of people that have lost their jobs. ultimately it is about the way in which you manage and tell people this is one and done were not sprinkling on

. >> scott mcgrew says some reddit employees wonder if they'll be laid off. >> the ceo needs to turn the company to a profit because it wants to offer stock to the public, an ipo, and reddit does not make a profit. steve huffman gave an interview to nbc where he said he was inspired by elon musk's handling of twitter. musk as you know cut huge portions of twitter's staff to save money. he's refused to pay rent on some twitter offices as well. >>> other news from the internet world, podcaster joe rogan challenged, almost demanded that a prominent doctor engage in a debate over vaccines on his podcast. rogan's bosses at spotify have told rogan not to broadcast false claims about vaccines, but he did it again with an interview with robert kennedy jr. when a doctor objected to the false claims that rogan and kennedy were making, rogan said he would pay $100,000 to the doctor's favorite charity if he would come on and debate the issue. the doctor, who's been on rogan's podcast before, refused, saying a debate would be pointless. back to you. >>> new at 11:00, police have arrested five tee

off a false sense of creativity, again some of the more popular platforms where populated by mining reddit. as far as it being the average of the internet opinion, that rings true from my understanding. i have a question. given the revelations from the twitter files and how private organizations working at an agent for the u.s. government, there are things the government is forbidden from doing, is there that much of a gap between the chinese pursuit of ai, the american pursuit of ai given the fact that we now understand them from revelations? guest: complicated question. the twitter files debate is ongoing and the role that government has in shaping large platforms is one that i think about a lot. i think we do have constitutional and statutory protections for u.s. citizens being able to express themselves, whether individuals or if they run a large platform. i think when we have large platforms collaborating with government officials, it needs close scrutiny. i still think that is quite different than the chinese system where the technology itself is getting a yes no restriction on wheth

. >> thousands of reddit communities are still in the dark tonight as part of a massive user protest. outrage is over the san francisco based web sites plan to charge for access to its software framework. the decision read, it says, is based in part on recent advancements in artificial intelligence read its current framework allows readily available data from millions of users. this change will allow ready to decide who gets that date, that data and what to charge for it. however, this would also charged third-party apps for access to the web site. for years, users were able to access from third-party apps for free. but now most of those users will have to switch to the official reddit app as a third-party app say they for the new fees. the online protest is expected to stretch into tomorrow and it calls on reddit to reverse that decision. >> next tonight dianne feinstein tells the 2024 senate race donald trump versus ron desantis. what a california voters stand on all of this. we break down the lat >> love the time we've been talking about low clouds and fog and cool temperatures. to

we have learned that there were no reported injuries >>> a nd more than 6,000 communities in reddit areey bill third party developers they plan to charge big new fees to third party apps. and reddit announced the change after learning that its data was being used to train potentially lucrative chat bots like chatgpt. so of course if you think people are making money off of your platform, you want to get a piece of that action >> yeah, of course contessa, thank you. >>> you've all heard about the concerns about debt issuance and liquidity in the market. by some wall street estimates, treasury department is set to issue $1.3 trillion of debt for the remainder of this year and that is causing all sorts of concerns about market disruptions and including our next guest who has said that we could face a potential debt crisis with us now is ray dalio, founder of bridgewater associates, largest hedge fund in the world good to see you. >> good to see you again >> so i think it is important that people understand you've been looking at the world and a lot of these issues that investors grapple wi

. >>> reddit communities are going dark in protest of the new pricing policy. now, this is a look at the bay area sub reddit, already grayed out and unavailable. now, today it's expected to be joined by thousands of other forums all because the company will start charging more for individual forms and sub reddits that use third-party apps. they say the app is limited, clunky and not accessible to people visually impaired. the blackout is set to last 48 hours. >>> well, 6:38 right now. netflix more than doubled the average daily sign-ups recently and it has little to do with what people want to watch. >> kris sanchez joins us with a password crackdown that i guess seems to be working. it has a lot of people talking. >> it was a gamble because when people heard that netflix was going to change sharing guidelines, they were mad, they said they would un-subscribe, cancel. it turns out that netflix called our bluff. netflix actually saw a 102% spike in subscriptions since it started emailing customers telling them that the crackdown was coming. and according to the

reddit has angered a lot of users by cutting off access from third-party apps to read reddit.eports the ceo is concerned users are so angry, they might take it out on employees. >> and the "wall street journal" says bud light is no longer the most popular beer in america. modelo is. you may recall bud light angered a lot of people with a marketing campaign involving a transgender influencer. sales fell more than 20%. what's amazing is how just out of nowhere modelo comes. ten years ago it was not in the top ten of beers consumed by americans. it is now the most popular beer in america. >> wow. >> there you have it. >> drink responsibly, of course. thanks, scott. >>> the beach season here, experts are reminding people about the real but incredibly small risk of being attacked by a shark. you hear these stories. university of florida researchers say california actually ranks fourth behind florida, new york and hawaii for shark attacks. overall the number of attacks are trending lower with 41 nationwide last year. actually the fewest in a decade. >> you're more likely to have a c

reddit has angered a lot of users by cutting off access from third-party apps to read reddit. the verge reports the ceo is concerned users are so angry they might take it out on employees. >> and the "wall street journal" says bud light is no longer the most popular beer in america. bud light, as you know, angered a lot of people with a marketing campaign involving a transgender influencer. sales have fallen more than 20%. modello sort of comes out of nowhere. ten years ago it wasn't in the top ten of brands and now it's been the most popular in california for a while, the most popular beer in america. >> i don't drink beer, so i was, like, what is that? >> i don't drink very much, but it's pretty good. >> thanks, scott. >> why are you guys laughing? is that funny? >> i never thought you would drink beer. >> i'm a wine girl. >>> you know what we're doing? we're celebrating pride month here, celebrating the lgbtq+ community. there's an author sharing how we as a society can help members of the community feel included. this comes as several states have recently passed legislatio

reddit plans to increase how much third party apps have to pay to access the site's data . those apps help users find content on the site, at least two app developers say the increased cost means they'll go out of business. and stocks rallied on wall street today as traders are betting the federal reserve will hold interest rates steady at their meeting this week. the dow was up 189 points. the nasdaq surged 202 points, up 1.5. and the s&p rose 40 points. shares in big tech stocks, including apple and microsoft, helped push those markets higher . and back after the commercial . we're going to take a look at the five day forecast and let you know what you can expect as we head towards the end of this week. all right. now to heather holmes and a look at some of the stories we're working on for the 7:00 news on ktvu. plus heather. well, mike, coming up new at seven tonight, the food and drug administration pushing for updated covid vaccines. we'll tell you about the various it's they say that the boosters really should be targeting. plus student loan borrowers are just months

but reddit says that supporting the third-party developers is too expensive and that it's necessary to become self-sustaining. >> despite the blackout, though, the company says it is not changing course. third-party developer charges are set to go into effect july first. and many users currently rely on third-party apps to access features that are on available in the official reddit app, particularly for content, moderation and accessibility, aids. >> time has 10. 52 and lax. todd giants taking a peek at baseball and sports starting with the giants. >> they're trying to get the sweep. and yes, they got the sweep of the dodgers yesterday, which is terrific. top of the 4th san francisco out. that's going right away. the dodgers did a little comeback, scoring run and then they will score again at giants ended up on top final score was 7 to 3. the giants take on the padres at home tonight at 6.45? it was the flip side with the a's trying to avoid being swept, but they couldn't do it. >> the phillies last night closed out the game and beat the a's 3 to a's are going to be in clevelan >> wel

. >> and reddit experienced outages earlier today after thousands of communities in the online forumrk to protest a policy change to charge third party apps for access to its data reddit says the blackout caused stability issues on its site kelly. >> apparently others have gone this way, but reddit has seen more of a protest. thanks >>> still ahead, derek jeter is getting in the game, the sports wear game, that is we'll diskcuss his clothing line and a whole lot more "power lunch" is back in two minutes. you founded your kayak company because you love the ocean- not spreadsheets. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire ah, these bills are crazy. she has no idea she's sitting on a goldmine. well she doesn't know that if she owns a life insurance policy of $100,000 or more she can sell all or part of it to coventry for cash. even a term policy. even a term policy? even a term policy! find out if you're sitting on a goldmine. call coventry direct today at the number on

thousands of reddit communities will be inaccessible today in protest at how the site is being run.pers of third—party apps, which are used to browse the social media platform. but this has resulted in a backlash and almost 3,500 subreddits will be inaccessible as a result. billionaire financier george soros is handing over control of his $25 billion empire to his son, alex soros. the move was confirmed after an interview mr soros did with the wall streetjournal. the 92—year—old philanthropist had previously said he didn't want his foundation to be taken over by one of his children. when asked about his decision to pass the reins over to his son — mr soros said he had earned it. the indian government's cyber security team is investigating reports of a major data breach, after details of people who registered on a covid vaccination app were leaked. a minister said it did not appear that the government's cowin app or database had been directly breached. earlier, news websites said passport or identity card numbers, dates of birth and phone numbers of large numbers of people could be a

thousands of reddit communities will be inaccessible on today in protest at how the site is being runrsial charges to developers of third—party apps, which are used to browse the social media platform.but this has resulted in a backlash and almost 3,500 subreddits will be inaccessible as a result. it's official — billionaire financier george soros is handing over control of his $25 billion empire to his son — alex soros. the move was confirmed, after an interview mr soros did with the wall streetjournal. the 92—year—old philanthropist had previously said he didn't want his foundation to be taken over by one of his children. when asked about his decision to pass the reins over to his son though — mr soros said he had earned it. still to come — we take a look at how the growing appetite for raw materials like nickel and cobalt means a rise in sea bed mining. we have a special report. around the world and across the uk, this is bbc news. every week volunteers are testing the water quality and it is getting worse. this natural _ it is getting worse. this natural beauty - it is getting wor

and reddit scaling back on a previously announced rehiring plan.the ceo of reddit says this is being done to set up a successful second half of the year. >>> google is taking attendance. the company is updating its hybrid work policy and that includes tracking office attendance by tracking employee badges and meeting with workers not coming in when they are supposed to. poor attendance will be reflected in the employees' performance review. most employees are expected to be in the physical office at least three days a week. >>> new this morning, a popular mexican restaurant in san francisco is shutting down and moving south. they are closing their doors on june 23rd and plan to reopen the same restaurant in baja, mexico. the owners did not give a reason why they are moving but thanked their customers and employees for their loyalty. >>> you don't have to go far to check out some of the best bars in america. esquire is out with the list, and among the top is some baseball bars. >> i never have been to any of those. the one next to city lights, i lik

a reddit spokesperson says the company needs to be -- plenty more to come on the world of ai and medicines bloomberg. ♪ does it connect with acc...? ahhhhhh ahhhhhh ahhhhhh caroline: welcome back to bloomberg technology. i'm caroline hyde in new york. the nasdaq still pushing up higher. so much on tech in terms of the macro. the federal reserve on wednesday. the ecb, the bank of japan. all of this mentioning to see stability. will market at 4.6%. is it priced in for a pause in the fed move. in july do we see another hike? the owner of this benchmark is doing a bit of m&a. what to watch as they get into more of the software and services side. bitcoin under pressure. will be drilling into that a little bit more. bitcoin has been under duress from regulatory perspective. let's see what is happening the world of individual movers. an interesting focus we have been having on oracle. up 6%. people feeling really optimistic. ai the driving force. this is a company that trades at 21 times earning when nvidia trades at 51 times. maybe does is a better entry point of your betting on ai. biogen, som

today at godaddy.com >> joining us to silvio to boris, from the advanta store which develops consumer redditels. to have you on the program. thank you for joining us. let me get your take on supreme court decision and the idea that many americans are going to start having hundreds of dollars in loans a month to pay back now. >> is a big deal. 400 $30 billion deal that just is from the supreme court making a decision on. this is bigger than the federal reserve interest rate hike. the reason is that it directly impacts consumers, as you mention. lots of consumers are going to have to pay an additional monthly bill. in addition to that, it will impact their credit scores. we just published an analysis that shows that on average, the national average credit score is 702. it could take a hit or decline as much as nine points. that is a big deal. >> how much are you worried about default. a lot of consumers, about 8% are already looking at the balls on other loans, and now that you bring this in, they have to bring in more, and that could rise. what do you see in terms of defaults. >> overall, the

. >>> reddit communities are going dark in protest of the new pricing policy.ook and you can see that it's already grayed out and unavailable. it's all because the tech company will start charging more for individual forms and sub-reddits that use third-party apps. users say the app is limited, clunky and not accessible for people who are visually impaired. the blackout is set to last 48 hours. >>> netflix more than doubled its average daily sign-ups and it has little to do with people who just want to watch. >> kris sanchez joins us with the password crackdown that seems to be working. it has a lot of people talking. >> people were mad when netflix said they were changing the sharing guidelines and said they would un-subscribe. netflix called their bluff. netflix saw a 102% spike in subscriptions since it started emailing customers telling them the crackdown was coming, and according to the data tracking company antenna, netflix saw four of its biggest days in more than four years. netflix estimates that 43% of households share accounts globally. and here is w

[laughter] speaking of random items, there's a thread on reddit called "what is this thing?"s great. people post photos of weird items they find, then strangers help solve the mystery what was they are. it's fun, so we decided to make it a game. we took real photos from reddit and went out onto hollywood boulevard to see if strangers walking by could help identify them. it's time to play "what is this thing?" all right. take a good look. try to figure out what it is. now we'll find out what people on the street think. >> what is this thing? >> put it in the ground, grab the weed. >> a weed plucker? >> it's for shishkabobs. >> a dildo, some type of dildo, it could be. >> looks like a knife with a tail on it. there's some kind of release device here. because i can see it coming down, kind of like a pair of vice grips. clamp it together, releases, lets it pop. it takes the inner layer of the fruit, opens it up, breaks it down so you can pull it out, possibly pour it into something, make a margarita with it or something. you've got to admit, coconut, that's a solid shell on them.

reddit is going to increase how much third party apps have to pay to use the site's data. some of those apps say the increased cost means they will go out of business. time now is 708 and we're looking at some of these commutes that are getting busier, especially the bridge crossings like the richmond bridge. we do see some slowing there pardon me, at the toll plaza. if you are driving on the bridge, it looks better all the way over to marin highway before is now in crunch time. it's pretty slow from pittsburgh all the way to concord. gets better after that. and at the bay bridge, we do have a bigger backup. i will let you know that we don't have a huge backup on most of these east bay commutes. there is some slowing on 880 and on 680 davis street. by the way, if you're heading over to 880 davis street in san leandro, i would avoid that. you can use 98 or perhaps marina instead of davis street because of a crash on davis right near the 711 and the arco station there. it's been there since the overnight hours of doing a police investigate there. it's a good area to avoid. 7

. >>> a planned protest of online forum reddit caused the website to crash. thousands of communities went dark in protest. they will start charging more for individual forms. they say their own app is limited, clunky and not accessible for people who have visually impaired. the protest is not over. thousands of pages plan to stay dark through tomorrow. >>> who will make this year's list? next month chefs from across the state will receive michelinn stars andnd it t will happepen oakland. the annual ceremony will be held in oakland chabot space and science center. i spoke to the president and ceo earlier this afternoon who says this is a major chance to showcase all that oakland has to offer. >> it's another stamp of recognition the culinary scene is worth traveling to. eat and stay because there are so many restaurants you can check out. oakland has 20 mentions. >> that's peter gamez. he wants to you come out and enjoy it. jeff ranieri joins us now. it looks nice outside. the impactful look at how our reservoirs compare to this time last year so what it will

it is not an accurate measure of the cost of reddit anymore.cenarios like a consumer being late. these are real examples of how consumers are paying off these debts. if you start to measure it that way, you can really start to understand the debt of what it means to be predatory and what it means to create better solutions for consumers today. matt: excellent point. i will be fascinated to see if we can move closer toward that model. rodney williams, cofounder of solo funds. still ahead, stock of the hour. ensures falling after warnings of rising medical costs. this is bloomberg. ♪ conventional thinking delivers conventional results. at allspring, we break away with purpose. harnessing data-driven insights and boundless curiosity. we dissect the market from every angle. helping to build portfolios that redefine what's possible. ♪ because investing isn't one size fits all. ♪ allspring. purposefully divergent. old school hard work meets bold, new thinking, ♪ to help you see untapped possibilities and relentlessly work with you to make them real.

. >> youtube, reddit, tick-tock, you name it. >> on norv 2022, zana, chapin were stabbed on death inddle of the night at their off campus home at the university of idaho. >> then when there was no arrest for several weeks, some webs loose decided to take the investigation into their own hands. >> i just to want give a quick and crazy update about land. >> there is what i think happened. >> all four of them had been stabbed. >> 28-year-old brian -- was just arraigned and his trial is set to begin in october. >> for so many in the moskow community, the national online response to the murders clouded what really should be at the center of the story: the lives lost. >> they loved life, they lived life to the fullest. >> kerri gonzales and madi were both seniors and long-time friends. >> if i had one or two friends every words to describe madi may would be just an angel -- she just made me proud. >> one of the other roommates, 28-year-old zana the was also killed that night, alongside her boyfriend ethan chap iran. >> she was just an incredible person -- i never met someone like zana befo

on july 1st, reddit, it will be increasing.uch third party apps have to pay to access data on the site. those apps help the users find content on the site. some of those app developers say the higher cost means they will go out of business. a crafty group in san luis obispo county is working to help children battling cancer. step into magical worlds. members call it the magic yarn project. they create wigs made of yarn for young patients who've lost their hair. the wigs are inspired by characters such as the little mermaid and minnie mouse. people in crochet make the hats and then other volunteers decorate them with sequins, silk flowers and ribbons. i love getting to send these out and see videos and pictures from the families of the kids wearing their princess dress and dancing and singing to their favorite character songs. they don't get to do what feels normal and play and pretty, and so getting to give them something that seems so simple, it's a it's a wig made out of yarn, but it gives these kids a reason to be happy. gro

you then see the emergence, the growing popularity of places like reddit and 4chan and 8chan.mir] in a statement, network provider cloudflare said 8chan has, quote... [ali] reddit has come under fire for allowing extremism, racism, conspiracy theories, and disinformation to thrive, and it says it is working to make the site safer. [jo] but it's a near impossible task, like twitter, youtube, and facebook, keeping a massive, unwieldy, deeply influential social network under control. [nicole] the first time that the right wing extremist threat really gets driven home for most americans is the 2015 massacre in charleston, south carolina. [renée] nine black people, including a pastor at a bible study, murdered by a self-identified white supremacist because he wanted to start a race war. [nicole] he releases a manifesto that makes it very clear that he has these strong ties with white power groups, with segregationists and apartheid regimes. but at the time, it was seen as the one-off of an extremist, it's not necessarily seen as attached to a broader movement. and then donald trump

see how it works, so we contacted a company called hive that helps companies such as facebook and redditam it searches for blood, corpses or nudity and gives a score from zero to one, a higher score meaning the machine is more confident in what it identified, and it correctly found dead bodies and in our videos, like these which got more than zero point nine. it is likely that this video will be removed automatically without being flagged for review, but it lacks the ability to spot human rights violations. you could see why they have developed and trained their machines whenever they see something that looks difficult or traumatic, to take it down. i think the next question for them is — how do we develop the machinery to then make more reasonable decisions? major content believes graphic content can stay online if it's in the interests. but our experiments suggest the opposite. we decided to see what the platforms would do with the videos we tested. instagram took down three of four within a minute. youtube age restricted the same three, but ten minutes later and removed them all, then

i think they have a good chance of maybe going public in july the question the bigger names, the reddits and other big names. i'm not sure today's activity necessarily sends a huge signal to them. they may be looking for other signals how the tech market is doing, for example >> fair enough thank you very much. bob pisani tracking all the action today at the new york stock exchange so is the return of these ipos a bullish sign for the overall markets or over behind like the recent rally my next two guests have different takes on that. the cio of equities at federated and kumar, president of kumar. not a bull debate but may take on sheen a little bit. steve you're more constructive, tell me why. >> we've been through an 18-month bear market already to a certain extent time is now on our side you look at this market and say it's very narrow, led by big cap tech or you can look at it and say it's going to broaden out. the broader market is trading at 16.5 times, not the 20 times that the cap weighted market is trading at the odds of a recession are declining and still there, but it's been w

one of the hacker's demands, reddit reverse recent policy changes that angered users. >>> this is a "apitalist. he quit his high-paying job when his daughter was born ten years ago. back to work now, but considering father's day was last sunday we spoke on our podcast sand hill road about fatherhood. and when two dads get together as we did, there's going to be a discussion of dad jokes. >> i've been told you like dad jokes. >> yeah. >> what's your favorite dad joke? >> oh, man. how pc can you get on this? >> you can do anything you want. >> oh, man. i mean -- shoot. >> dad jokes are not known to be dirty. >> dirty dad jokes on sand hill road, available on apple podcasts, google play, spot fiechlt you asked me to tell you a dad joke. i will throw science in there as well because you have to teach when you are a dad. you know when you see geese flying south for the winter? >> yes. >> okay. and they form that -- >> v. >> it is like a v, right? >> yes. >> sometimes one of the sides of the v is longer than the other. do you know why that is? >> why. >> there are more geese on that side. >

reddit is going to increase how much third party apps have to pay to access the site's data.on the site and some of the app developers say the increased cost means they'll go out of business as well. we are nearing the end of an era for one tv game show host, the iconic wheel of fortune host pat sajak announced today he is leaving his longtime role as the show's host after more than four decades, the 76 year old saying in a statement the show's upcoming 41st season, which is slated to start in september, will be his last. sajak will reportedly serve as a consultant on the show for three years after the upcoming season. he has hosted that beloved game show since its debut in 1981. no timeline has been announced for what a new host will be named. all right. coming up in sports, stanford advances to the college world series. and a walk off finish. you have to see to believe. joe fonzi has the unbelievable ending next. then on the 11:00 news, celebrating 150 years. how san francisco will mark a milestone for its cable cars back in the day, sneaker drops meant getting online to wa

i've seen a lot of sales, people offering tickets on twitter, reddit, people will say, does anybody have ticket? and somebody says, pm or dm what should you do about that? >> if you can't see the ticket in person, or if you know that person, we do understand that most of the time, this can be a situation where someone does have an extra ticket. but if you can, try to only buy tickets from trusted vendors online. for example, ticketmaster is a big company that is used a lot. you want to make sure that it is a trusted venue and platform. even though it's really easy to try to save some money by going with someone you might know or not know in the long run, you don't want to be stuck outside the concert venue realizing that when your ticket -- one your ticket is a scam and that you never got it. you want to try to make sure to a trusted mentor if possible -- to go to a trusted mentor if possible. kristen: as people rely more on these social networks and direct outreaches, you don't know what you will run into, there are good players out there, good actors, but also some bad. what should you

a san francisco based reddit is announcing layoffs.an said in a memo that the company is cutting about 5% of its workforce or about 90 employees according to reuters. the online discussion platform also said that it will ease back on new hires. reddit has filed paperwork for an ipo. in fact, it did so back in 2021. but those plans have stalled stocks and it's slightly higher today on wall street, one week ahead of the federal reserve's rate setting meeting, the dow gained ten points. the nasdaq was up 47. and the s&p also added ten points. spirit airlines is planning to provide service to the south bay for the first time. the budget airline is planning to launch new flights from san jose to las vegas. dallas and san diego beginning tomorrow. it's the first time spirit will fly out of san jose, spirit says. it prides itself os fees for additional services. and nevada lawmakers heading home without reaching a deal with the oakland a's. so what's next? and the team search for a new ballpark. and it was a cooler tuesday across much of the

reddit is going to increase how much third party apps have to pay to use the site's data. those apps say the increased cost means they'll go out of business. a historic san francisco brewery is stopping its nationwide distribution. multiple reports say anchor brewing company will soon only be available here in california. the company cites the rising cost of brewing packaging and distributing for the cuts. the anchor will also stop brewing its annual christmas ale. anchor brewing was founded more than 120 years ago, but was sold to japanese beer company sapporo in 2017. a teen too young to drive, but he just landed a job with spacex. up next, we'll introduce you to the whiz kid with a bright future ahead of him and tell you about his ties to the bay area. partway across the country, the crew decided to divert to salt lake city to take care of a maintenance issue when they were getting ready to depart, though, one of the plane's inflatable slides deployed while the jet was still at the gate. like big boom happened and everyone turned around and it was like chaos, like mayhe

someone is seriously hurt with these antics >> reporter: the video showing up on instagram, twitter and reddit, that has drivers fuming. it appears to be issued over the weekend in the middle of the bay bridge for many drivers to use the bridge, the images are important but not exactly surprising. >> they are knuckleheads. they're causing all problems. it will create problems in the future. anyone will get hurt. >> reporter: a spokesperson tells us they are aware of the incident and say it is under investigation but could not provide any more details. just the latest in a string of high-profile stunts that have turned this into a parking lot, like the sideshow back in february. in that case, investigators located a green camaro at another sideshow. and impounded the car for 30 days. it also triggered an investigation into the owner, who was arrested for allegedly stealing $20,000 worth of merchandise. the sideshow, video and stunts are cause for concern for drivers like andrea. >> if they're going to do donuts, there are plenty of empty lot and feels to do that rather than hurting people tryin

. >> that same night, i posted on reddit. reporter: less than 24 hours later, a tip.nie spotted on the trail was an unknown man seen in this picture. tuesdanother tip. >> they texted me a photo. is this bonnie? reporter: everything came front and center when the man who was eventually caught with bonnie the dog was spotted here at the golden gate bridge. >> we saw a poster -- they saw the poster. they saw bonnie. that person going northbound on the bridge. reporter: within a short time, they had found the man who had bonnie. he was on a trail near the golden gate bridge. he wouldn't give up the dog before they arrived. officers were called in and animal services identified the dog as bonnie. a huge relief to her owner. >> when we got the phone call, i could see on his face when i told him that we might have a sighting of him. a renewed his face. he was like, we have to go now. that was three d solon and down. reporter: the suspect is on housed and was arrested on misdemeanor theft charges. at last check, he was no longer in jail but bonnie is now back home. >> happy e