Karp: Tumblr Takes Content Policies Very Seriously

May 30 (Bloomberg) -- David Karp, the 26-year-old co-founder and CEO of Tumblr, started the site in 2007, at the age of 20; six years later it's the internet's preeminent blogging platform with over 300 million active users. On May 20th, Yahoo! announced that it would purchase Tumblr for $1.1 billion. Karp talks about his unlikely ascension, his vision for Tumblr, and where he sees blogging and social media going. TONIGHT on Charlie Rose @ 8p & 10p ET.

Hedge Fund-Replicating ETFs Hurt By Summer Selloff
43:53 - Hedge funds replicating ETFs are seeing returns lagging behind the S&P, while funds in distressed debt are seeing their worst year since 2008. Bloomberg's Joe Ciolli and Simone Foxman report on "Bloomberg Markets." (Source: Bloomberg)
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