Just in:
VARA Introduces Thai-Inspired Corporate Catering Menu in Seattle, Washington // Nano-Care Deutschland AG launches next generation of sustainable PFAS-free oleophobic coatings // Moomoo Wins “Digital CX Awards 2024” by The Digital Banker // Eight leaders with diverse backgrounds elected to ISCA Council // Saudi Aramco and Rongsheng Petrochemical Discuss Potential Jubail Refinery Partnership // Healthsprings Group Launches New Telemedicine App With Aesthetic Medicine Feature // Aitrasound® Medical Group Announces Completion of a Pre-A Financing Round of Nearly 60 Million Hong Kong Dollars // Grayscale Makes Another Large Bitcoin Transfer to Coinbase Prime // UAE Extends National Day Wishes to Ethiopia // Early Morning Tremors in UAE as Minor Earthquake Rattles Khor Fakkan // Vinhomes, Vietnam largest property developer, unveils a series of new entertainment and shopping destinations // Tech Titans Lead Wall Street to Stellar Week // e& UAE Unveils Strategic Roadmap // ZUHYX Drives Cryptocurrency Knowledge Popularization and Builds a Journey of Intelligent Trading // Winner of Hong Kong’s Flagship Global Elevator Pitch Competition Crowned // Andertoons by Mark Anderson for Sat, 27 Apr 2024 // MENA Debt Surge Raises Concerns for Global Economic Stability // Sheikh Saif Bin Zayed Graces DIHAD Humanitarian College Graduation // “Hello China, Sunshine Hainan” International Media Tour witnessed the evolution of Hainan’s tourism and culture // Heavy Rainfall Disrupts UAE Construction Boom //

Ellen Pao resigns as Reddit CEO in fresh sign of turmoil

Ellen Pao speaks to the media after losing her high profile gender discrimination lawsuit against venture capital firm Kleiner, Perkins, Caufield and Byers in San Francisco, California March 27, 2015.

Reuters/Beck Diefenbach

ADVERTISEMENT

SAN FRANCISCO Ellen Pao resigned as acting chief executive of Reddit Friday in the latest sign of turmoil at the site, recently roiled by the firing of a popular employee and ongoing tensions over the limits of free speech on its social-news platform.

Reddit co-founder Steve Huffman, also a co-founder of travel site Hipmunk, will become chief executive. Alexis Ohanian, another co-founder who has been working as executive chairman of reddit, will work “alongside” Huffman, said Reddit board head Sam Altman in a statement on Friday.

Controversy erupted around Reddit last week when the company’s director of talent, Victoria Taylor, was dismissed. Site volunteer moderators temporarily shut down around 300 discussion sections in protest.

That controversy did not factor into Pao’s departure, Altman said in an email.

Pao, who battled her former Silicon Valley employer in court earlier this year, said in a separate statement that she was leaving Reddit because the board had asked for higher growth than she thought was possible.

She joined Reddit in April 2013 and became its acting chief executive in November.

This year, user growth was 70 percent, she said, and mobile usage rose to 47 percent compared to 29 percent last year.

Reddit, known for freewheeling discussions, has attracted a minority group of users who engage in hate speech over racism, women’s issues, and other topics.

Under Pao, the site had tried to address the issue, banning sexually explicit images, removing a handful of discussion sections and prohibiting harrassment of individuals.

“Redditors, you deserve clarity about what the content policy of reddit is going to be,” Altman said in a statement Friday. “The team will create guidelines to both preserve the integrity of reddit and to maintain reddit as the place where the most open and honest conversations with the entire world can happen.”

Pao achieved notoriety through a sex discrimination lawsuit filed against her former employer, venture capital firm Kleiner Perkins Caufield & Byers. She lost the suit and is appealing the decision.

San Francisco-based Reddit launched in 2005 and has grown to become one of the most highly viewed sites on the Internet, drawing some 160 million unique users a month.

An October financing round of $50 million valued Reddit, in which magazine publisher Conde Nast owns a stake, at $500 million.

(Reporting by Sarah McBride; Editing by Christian Plumb)

This entry passed through the Full-Text RSS service – if this is your content and you’re reading it on someone else’s site, please read the FAQ at fivefilters.org/content-only/faq.php#publishers.

ADVERTISEMENT

ADVERTISEMENT
Just in:
Andertoons by Mark Anderson for Sat, 27 Apr 2024 // Abu Dhabi Unveils Designated Grazing Period for 2024 // UN Commends Vietnam’s Progress on Climate Goals // Moomoo Wins “Digital CX Awards 2024” by The Digital Banker // InnoEX cements Hong Kong’s status as an I&T hub // ZUHYX Drives Cryptocurrency Knowledge Popularization and Builds a Journey of Intelligent Trading // Nano-Care Deutschland AG launches next generation of sustainable PFAS-free oleophobic coatings // BioMed Technology Among Pioneering Recipients of Investment from CUHK Innovation Limited for Microbiome-based Healthcare Solutions // Vinhomes, Vietnam largest property developer, unveils a series of new entertainment and shopping destinations // Early Morning Tremors in UAE as Minor Earthquake Rattles Khor Fakkan // Saudi Aramco and Rongsheng Petrochemical Discuss Potential Jubail Refinery Partnership // Grayscale Makes Another Large Bitcoin Transfer to Coinbase Prime // Healthsprings Group Launches New Telemedicine App With Aesthetic Medicine Feature // MENA Debt Surge Raises Concerns for Global Economic Stability // Winner of Hong Kong’s Flagship Global Elevator Pitch Competition Crowned // e& UAE Unveils Strategic Roadmap // UAE’s Deputy Prime Minister Oversees Graduation Ceremony at Dihad Humanitarian College // VARA Introduces Thai-Inspired Corporate Catering Menu in Seattle, Washington // Stakes For PM Narendra Modi And NDA Are Very High In Third Phase Of Polls // Eight leaders with diverse backgrounds elected to ISCA Council //