News Summary

• Internal Slack messages and source code reportedly showed that the younger Gates and co-founder Sophia Kianni knew about the practice.
• Phia responded to the initial report by saying it had discovered the problem within the previous 24 hours and described it as a software issue that was quickly fixed.
• After the features were disabled in July, average daily revenue reportedly fell from about $80,000 to between $10,000 and $28,000.
• The phrase "cookie stuffing" is distinct from "cookie-jar reserving," a term former Securities and Exchange Commission chairman Arthur Levitt used in his book "Take on the Street"