Thursday 4 February 2016

Weekly Stories

Twitter 'leaving us in the dark' over state hacking claims, activists say
Fifty senior activists notified of the ‘state-sponsored’ hacking attempt on Twitter include Anne Roth, an advisor to the German parliamentary investigation into US surveillance


  • When more than 50 political activists from across Europe and North America were told by Twitter in December 2015 that their accounts had been attacked by anonymous “state-sponsored actors”, they had very little to go on.
  • One of those targeted was Anne Roth, who has been advising the German Left party during the government’s investigation into US surveillance. She is no stranger to these type of attacks, she said, but when threats come from her own government she has a framework for what to do
This story is talking about how political activist believe that twitter is leaving us in a dark place because of how many of their accounts have been attacked by anonymous "State-Sponsored actors". In my opinion, i think that the hacking of accounts is a serious issue as it could cause major problems and twitter should develop something to prevent hacking from happening.


Yahoo cutting workforce by 15% after announcing $4.4bn loss
‘Today, we’re announcing a strategic plan that we strongly believe will enable us to accelerate Yahoo’s transformation. This is a strong plan calling for bold shifts in products and in resources,’ Yahoo CEO Marissa Mayer said.
  • Yahoo chief executive Marissa Mayer has announced plans to cut the company’s workforce by 15% and close five foreign offices by the end of 2016.
  • The struggling tech company reported a $4.4bn loss for the last three months of 2015 as it wrote down the value of assets including Tumblr, the blogging site it bought for $1bn in 2013.
  • Yahoo’s fourth quarter earnings for 2015 were better than expected, coming in at $1.27bn. Overall, the revenue for 2015 was $4.9bn, up from $4.6bn the year before. But the company’s traffic acquisition costs (TAC), the amount Yahoo spends to attract users to its websites, rose to $271m in the fourth quarter, up from $74m a year earlier.
This is story which is talking about how the well known company 'Yahoo' is planning to cut workforce by 15% after announcing a loss of $4.4Bn, they also wrote down the value of their assets such as Tumblr which they bought for $1bn in 2013. In my opinion, I think this is interesting because if a company doesn't make enough developments to match the pace of how fast new and digital media is developing it will face major consequences.

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