Anonymous ID: f92656 March 24, 2019, 1:49 a.m. No.5860363   🗄️.is 🔗kun

(not sure if noted due to NZ FF)

Facebook downgraded after 11 high-profile execs defect

March 18, 2019

Monday, 11 high-profile Facebook executives have left the social network, with more recent departures such as Chris Cox, WhatsApp chief Chris Daniels, Instagram co-founders Kevin Systrom and Mike Krieger, and Chief Security Officer Alex Stamos. Cox’s and Daniels’s departures, in particular, may be the most notable in some ways, because they reportedly stemmed from fundamental disagreements with Zuckerberg over a push towards creating a unified privacy-focused network, one where users on Instagram could one day message someone on WhatsApp, for example.

The note cautioned more Facebook executives may leave the company.

https://news.yahoo.com/facebook-downgrade-needham-162457787.html

Anonymous ID: f92656 March 24, 2019, 1:51 a.m. No.5860377   🗄️.is 🔗kun   >>0382 >>0634 >>0751 >>0945 >>1005

Facebook kept millions of passwords unencrypted for years

Facebook took another hit to its reputation with the discovery that hundreds of millions of its passwords had been stored in plain text — for years. What does this mean for Facebook users? Passwords are supposed to be kept on a company's site, but encrypted so no one can read them. That's not what happened with Facebook, according to Brian Krebs who broke the news on his site, Krebs on Security.

Instead, Facebook left these passwords in plain text, and visible to thousands employees. Apparently some of these passwords were left unencrypted since 2012. Employees reportedly entered unencrypted passwords into Facebook's servers, and left them stored in plain text.

https://www.salon.com/2019/03/22/facebook-kept-millions-of-passwords-unencrypted-for-years_partner/

Anonymous ID: f92656 March 24, 2019, 2:21 a.m. No.5860538   🗄️.is 🔗kun

Twitter’s CEO Is Building A Crypto Team—But Not For Twitter

Jack Dorsey, the CEO of Twitter, has announced that he plans to hire a handful of developers to build new tools based on Bitcoin and other cryptocurrencies. On Thursday, Dorsey indicated that he is looking for engineers and a designer, who will be paid to build projects in the crypto ecosystem.

There is a catch: the new crypto developers won’t be employed by Twitter, and the social network shows no sign that it will move into crypto. Instead, Dorsey plans to hire crypto developers through his other company, Square. Square produces a mobile payment app, and that app already supports Bitcoin in a major way.

This means that developers will be working on crypto projects that are separate from Square’s own interests. The resulting products will be open-source and will be freely available. Dorsey notes that Square has borrowed plenty of technology from the open-source community, and he explains that this is a way of giving back.

https://bitcoinwarrior.net/2019/03/twitters-ceo-is-building-a-crypto-team-but-not-for-twitter/