"We Screwed Up," Says Reddit CEO In Formal Apology

An anonymous reader writes: After moderators locked up some of Reddit's most popular pages in protest against the dismissal of Victoria Taylor, and an online petition asking the company to fire CEO Ellen Pao reached more than 175,000 signatures over the weekend, Pao has issued an apology. The statement reads in part: "We screwed up. Not just on July 2, but also over the past several years. We haven't communicated well, and we have surprised moderators and the community with big changes. We have apologized and made promises to you, the moderators and the community, over many years, but time and again, we haven't delivered on them. When you've had feedback or requests, we haven't always been responsive. The mods and the community have lost trust in me and in us, the administrators of reddit. Today, we acknowledge this long history of mistakes. We are grateful for all you do for reddit, and the buck stops with me."