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Transcripts For BLOOMBERG Bloomberg West 20240622

I will be joined by the companys ceo. And a founder and ceo is here to unveil the Newest Company from innovation, and all of that is ahead. And first to our lead, a debate is simmering at reddit as pao announced her resignation after 200,000 people called for her to step down. She said she is stepping down because they asked to have greater user growth than she thought she could deliver, and the cofounder steve huffman, is taking the reins. He already says he plans to improve the Company Relationship with reddit users and to define their content policy. Huffman says he is not going to stop some of her policies. What does this mean for the future of reddit . We are joined from seattle, a man credited with making the idea of an internet meme mainstream, and with me is a paypal cofounder as a special guest toes, also the chairman of yelp. So thank you very much. I am so curious what your take is. Max it is like a Silicon Valley soap opera playing out. It is kind of sad and we should be fo

Transcripts For BLOOMBERG With All Due Respect 20240622

You hear from so many, we need to build the economy from the ground up in a way that is new and fresh, organic and dynamic, that says as long as you dont violate the helpless the help of your neighbor, start your own career. Live your own life. Mark our query, how did he do . Al pretty well. He played on the home colors the home court in venue and message. No one will consume confuse him with been slow barney, with vince lombardi, but scott walker has to win the initial caucus. No one will have anything but praise for the speech from iowa. He touched the right notes and reached out. It was a solid performance. Mark i gave him a b plus. What he is selling, is the scott walker message. Remarkably, no teleprompter. He gave the speech word for word. That is a message he has been honing for months. He didnt address on National Security and what it means to take his wisconsin record national. He did not address that and i dont think he widened the message, but he gave people the message that

Transcripts For BLOOMBERG Bloomberg West 20240622

Chin, all of that ahead on bloomberg west. First to delete. Read its revolt over interim ceo is simmering as the Company Struggles to define its future. Pao announced her resignation after more than 200,000 people called for her to step down. In a post on reddit, he believed it is because the board asked her to demonstrate higher user growth then she got she could deliver. He cofounder steve huffman, is , taking the reins. He has already said he plans to experiment with monetization strategy, improve the relationship with users, and do more to define its content policy. Huffman says he is not going to stop some of her policies. Her controversial policies, including a move to ban offensive celebrated subreddits. Cheeseburger is credited with making the idea of a internet meme mainstream. Also, a firm ceo max levchin, also the chairman of yelp. Im so curious on what your take is. And just how difficult a job steve is stepping into. Max im not close enough to know what its going on but it

Transcripts For BLOOMBERG Bloomberg West 20240622

Unveil the Newest Company from innovation, and all of that is ahead. And first to our lead, a debate is simmering at reddit, as pao announced her resignation after 200,000 people called for her to step down. She said she is stepping down because they asked to have greater user growth than she thought she could deliver, and the cofounder, steve huffman, is taking the reins. He already says he plans to improve the Company Relationship with reddit users and to define their content policy. Huffman says he is not going to stop some of her policies. What does this mean for the future of reddit . We are joined from seattle, a man credited with making the idea of an internet meme mainstream, and with me is a paypal cofounder as a special guest toes, also the chairman of yelp. So thank you very much. I am so curious what your take is. Max it is like a Silicon Valley soap opera playing out. It is kind of sad, and we should be focused on the users. And it will be a really tough job. An incredibly

Transcripts For KQED PBS NewsHour 20240622

Major funding for the pbs newshour has been provided by and with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Ifill wall street was hit by a wave of selling today, triggered by chinas currency devaluation. The price of oil and other commodities plunged, amid fears of slowing growth in china, and materials stocks followed suit. The Dow Jones Industrial average lost 212 points to close near 17,400. The nasdaq fell 65 points, and the s p 500 dropped 20. Woodruff nine people are facing federal charges in a hacking scheme that gamed wall street for 100 million. Federal prosecutors in new jersey and new york city say hackers in ukraine stole Corporate News releases before they became public. Then, traders in the u. S. Allegedly used it to engage in insider trading. Five of the suspects were arrested today. Ifill the head of the Environmental Prote

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