Reddit and its millions of users have been active supporters of net neutrality. Reddit CEO Steve Huffman explains what happens now that the FCC has voted to repeal the regulations.
Huffman says Reddit is still hopeful that net neutrality will remain, either due to the courts or a last-minute save by Congress. If net neutrality is, in fact, repealed, then Huffman says Reddit will reassess its situation at that time.
Huffman also shares a look at Reddit's Best of 2017. It was Reddit's biggest year ever. Users made more than 900,000,000 comments and 7,000,000 thread updates. Bill Gates had the most popular Ask Me Anything (AMA) of the year. Huffman says Gates' annual AMA is always a big draw, but his favorites are AMAs with people who aren't well-known celebrities.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
