The Traderszone Network

Published in TZ Latest News 10 July, 2015 by The TZ Newswire Staff

Ellen Pao resigns as Reddit CEO in fresh sign of turmoil

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.