Reddit CEO: "Fairly Optimistic" We'll Get Net Neutrality Back
Reddit CEO Steve Huffman is “fairly optimistic” that actions will be taken to dial back the FCC’s repeal of net neutrality.
The head of the online news and content aggregator told Cheddar in an interview Tuesday, “I would be surprised if we lost regulations forever.”
Advocates of the Obama-era regulations have lobbied Congress to block the agency’s decision last week. And while the FCC’s vote went along party lines, with the three Republicans voting for repeal and the two Democrats voting against, Huffman doesn’t think legislators will follow the same path.
New York Senator Chuck Schumer, a Democrat, has called for a vote to overturn the repeal and Rep. Mike Coffman (R-CO) introduced a bill for permanent open internet to Congress.
Huffman told Cheddar that Reddit supports net neutrality and will continue to encourage users to make their voices heard in Congress.
“What matters the most is the opinion of the people,” he said. “When you look both in the United States in general and on Reddit specifically, there’s overwhelming support for this.”
For full interview [click here](https://cheddar.com/videos/reddits-plans-in-a-post-net-neutrality-world).
Tony Drake, CFP at Drake and Associates, LLC shares thoughts on whether the record gains in technology will broaden to other sectors, the risks of the Fed keeping interest rates higher for too long, and the health of the U.S. consumer.
The Federal Trade Commission ruled that Intuit engaged in deceptive practices by running ads claiming consumers could file their taxes for free using TurboTax — when many taxpayers did not qualify for such free offerings.
WWE’s weekly television show, “Raw,” will move to Netflix next year as part of a major streaming deal worth more than $5 billion. WWE, which is part of TKO Group Holdings Inc., said Tuesday that “Raw” will air on Netflix starting in January 2025.
Propublica national reporter Peter Elkind shares details on his investigation into how scammers stole over $1 billion using Walmart's gift cards and financial services, and how consumers can protect themselves.
Ed Siddell, CEO and Chief Investment Advisor at EGIS financial explains why election years tend to cause bull markets, the latest inflation data, and why he’s concerned about the ‘debt bubble.’
Archer Aviation founder and CEO Adam Goldstein shares big news about the aerospace company's new partnership with NASA and why they want to make your trip to the airport just five minutes long.
