Ahead of the Reddit IPO, former Reddit CEO Ellen Pao discusses the platform’s reliance on Reddit users and its data-selling strategy for profitability as a public company. Plus, she weighs in on the dangers of unchecked online forums, suggesting that TikTok may be one of multiple national security risks. Also online, entrepreneur Sonny Caberwal is attempting to use social media AI algorithms for good; his app Legends builds confidence in young internet users before they develop mental health issues from negativity online. Plus, JPMorgan Chase CEO Jamie Dimon is urging the Fed to wait for a rate cut, and the FAA audit of the Boeing 737 Max production facility reportedly found “dozens of issues.”

 

Ellen Pao - 12:44

Sonny Caberwal - 23:32

 

In this episode:

Joe Kernen, @JoeSquawk

Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Cameron Costa, @CameronCostaNY

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