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Pinterest Is Rare ‘Unicorn’ Preparing an I.P.O. Without Hemorrhaging Cash

Advertisement Supported by Pinterest Is Rare ‘Unicorn’ Preparing an I.P.O. Without Hemorrhaging Cash ImageIn its offering prospectus, Pinterest reported $ 756 million in revenue in 2018, which came from advertising, up 60 percent from a year earlier, while it lost $ 63 million, compared with a net loss of $ 138 million in 2017.CreditCreditBrendan Mcdermid/Reuters […]

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Facebook staff 'flagged Cambridge Analytica fears earlier than thought'

Facebook employees raised concerns about Cambridge Analytica’s data-scraping practices three months earlier than thought, according to US court documents. A US-based employee warned colleagues about the activity in September 2015. Facebook had said it previously discovered the improper sharing of data on 87 million people three months later, in December 2015. The firm said the […]

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Security flaw put RBS customers at risk of cyber-attack

Royal Bank of Scotland (RBS) customers have been put at risk of cyber-attack after being recommended flawed security software. Since January, the banking group has begun to offer its business banking customers a product called Thor Foresight Enterprise free of charge. Heimdal Security sells it as “next generation protection” against cyber-threats. Security researchers uncovered a […]

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Someone is selling a Silicon Valley investor 'starter kit' as a joke about how venture capitalists all dress the same

Getty/Drew Angerer Silicon Valley investors are known for their business savvy, but not necessarily their fashion sense. A new site, called VC Starter Kit, lampoons what’s seen as the tech investor uniform: You can buy a Patagonia sweater, Allbirds sneakers, and a handful of other stereotypically VC accessories like a Tesla keychain, all in a […]

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Tech Fix: Facebook Did Not Securely Store Passwords. Here’s What You Need to Know.

Advertisement Supported by Tech Fix Facebook Did Not Securely Store Passwords. Here’s What You Need to Know. ImageMark Zuckerberg, the chief executive of Facebook. The company said millions of user account passwords had been stored insecurely.CreditCreditStephen Lam/Reuters By Brian X. Chen March 21, 2019 SAN FRANCISCO — Facebook said on Thursday that millions of user […]

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Artificial intelligence: Algorithms face scrutiny over potential bias

More research into computer algorithms is needed as they could have gender or race biases, the government has warned. It announced independent watchdog the Centre for Data Ethics and Innovation (CDEI) will investigate algorithms used in the justice and financial systems. But services using the artificial intelligence already, such as predictive policing, will continue. Human […]

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‘Replacement Theory,’ a Racist, Sexist Doctrine, Spreads in Far-Right Circles

Advertisement Supported by ‘Replacement Theory,’ a Racist, Sexist Doctrine, Spreads in Far-Right Circles ImageA makeshift memorial to commemorate those killed in the mass shooting terror attack last week in Christchurch, New Zealand.CreditCreditAdam Dean for The New York Times By Nellie Bowles March 18, 2019 SAN FRANCISCO — Before the massacre of 50 people in New […]

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Google reveals gaming platform Stadia

Google has unveiled a new digital gaming platform called Stadia which will stream better-than-console-quality games that have traditionally had to be either downloaded or purchased on disk. At launch it will work on existing desktops, laptops, TVs and phones, said the firm’s Phil Harrison. Google also revealed a controller. It looks like a traditional console […]