The embattled tech exec has resigned from Reddit "by mutual agreement," the firm noted, but she will stay on as an advisor to the firm's board until the end of the year. Meanwhile three petitions seeking her reinstatement as CEO have generated only 249 supporters, compared to the 231,451 that sought her resignation.
Yesterday was probably not a good one for Reddit interim CEO Ellen Pao, when she acknowledged that the online community site had "screwed up" and "for years" it its handling of site moderators and the communities they manage.
A petition calling for her resignation at the community-curated online news site has gathered over 150,000 supporters as of this morning, and dozens of the site's subreddits went temporarily dark to the public late last week.
Although she lost the Kleiner Perkins Caufield Byers lawsuit, the interim Reddit CEO is now making headlines for something else: her current company's diversity hiring and employment practices.
Check out the hottest mobile IT news for Wednesday, May 28 including the possibility of Apple using the iWatch to replace the iPod, the anger coming from Reddit on the $130 keyboard price for Surface Pro 3, increase of multifactor authentication thanks to increased use of smartphones, incorporating Facebook messenger into the world of real estate and the rise of the wearables market.
A bipartisan bill aims to improve and modernize the Computer Fraud and Abuse Act, which was originally passed in 1986.