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).
With Gamestop and other meme stocks back on the rise, it brings to mind some similarities between 2021 and 2024 economically… and that’s not necessarily good.
After 10 years as a men's wear brand, the popular athleisure brand recently launched its women's line, redefining standards and championing inclusivity.
According to the 2024 Acorns Money Matters Report, nearly a quarter of Americans are worried they could become homeless – and don’t know how easy it is to save.
Even with inflation slightly higher than the Federal Reserve's 2% goal, still expect the central bank to cut rates three times this year, Cetera's CIO says.
Brian Goodman from Global Matrix Group talks with Dave Briggs about the future of sports betting online and how the popular pastime will evolve. Watch!