Tuesday 8 May 2012

Reddit co-founder won't buy Facebook stock over CISPA support

Reddit co-founder Alex Ohanian won't be buying any stock in Facebook and has denounced them over their support of CISPA.
While Facebook is looking to make billions when the social media website goes public, one of the most influential men on the Internet will not be buying any stock due to Facebook's stance on the Cyber Intelligence Sharing and Protection Act (CISPA).
In the interview above with CNN, Reddit's co-founder Alex Ohanian explains that he will not be investing in Facebook, even though it is the largest technology IPO in the Internet's history.
The reason for his hesitation to invest is clear - he believes that Facebook's stance on CISPA is very unsettling.... read full article and watch interview.

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