Startups

Uber passwords from hacked accounts reportedly selling online for $1

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One dollar may not get you much these days, but it could buy you a stolen password to an Uber account and free car rides around town.

Vendors on dark net sites such as AlphaBay, which often sell illegal products like drugs and counterfeit goods, are offering active Uber username and login details for $1, according to Motherboard. Other information that comes with the purchase includes partial credit card data and telephone numbers.

Motherboard said it was able to verify that some of the accounts were still in use by Uber members and that, in one case, a previously hacked Amazon password was used to get into an Uber account because the passwords were the same. Read more…

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Mobile Payment Startup MyCheck Raises $5M From Santander’s Innoventures Fund

MyCheck MyCheck, another startup that wants to make it easy to pay your restaurant bill using your mobile phone, has closed a $5 million Series B. However, perhaps more noteworthy is the company’s new backer: the Spanish bank Santander via its recently launched Santander Innoventures Fund. Read More

For some strange reason, Periscope users are obsessed with your fridge

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What’s in your fridge? Periscope users want to know.

In the days since Twitter launched the live streaming video app, requests to peek into other users’ fridges have, by our unofficial polling, proven more popular than just about any other comments during a Periscope video. Some enthused users are even using the #fridgeview or #showusyourfridge hashtags on Twitter.

Aaron Trent, a 29-year-old retirement planner in Greenville, South Carolina, was checking out Periscope with a friend Friday evening when they noticed users in virtually every stream clamoring for a look at the fridge. Read more…

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Angie’s List freezes $40 million Indiana expansion, citing anti-gay law

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Angie’s List, the website that publishes reviews of local businesses and service workers, announced on Saturday it had suspended plans to expand its Indianapolis headquarters following the passage of the state’s Religious Freedom Restoration Act (RFRA). The new law makes it legal for businesses in the state to turn away gays and lesbians for religious reasons.

“Angie’s List is open to all and discriminates against none and we are hugely disappointed in what this bill represents,” Angie’s List CEO Bill Oesterle said in a statement.

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Slack gets hacked, adds two-factor authentication

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Slack, the popular work communications app, reported on Friday that it had been hacked.

According to an internal investigation, the security breach occurred in February and lasted up to four days, affecting Slack’s central user database containing usernames, email addresses, encrypted passwords and other sensitive information.

Although Slack said users’ passwords were unreadable to the hackers, the startup admitted it found “suspicious activity” from a small, unspecified group of Slack user accounts, suggesting at least some data had been compromised. Read more…

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Did Messenger just make Facebook cool for teens again? Not quite.

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Being “cool” is a fleeting sensation for Silicon Valley companies, where innovation moves at breakneck speeds, competition is relentless and users often fickle. 

But when you’re an 11-year-old publicly traded company like Facebook, it means dealing with the challenge of keeping young people hooked long after the newness rubs offMark Zuckerberg suggested as much in 2013 when he told investors that “coolness is done for us.”

And it’s no secret that two years later, the company has a problem keeping teens around. Up to 1 million teens a year quit Facebook, shirking it for other platforms like Twitter and Snapchat, by some estimates. At this year’s F8 Developer Conference in San Francisco, Facebook announced it would open up Messenger to outside app developers. Read more…

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Tech Titans Blast New Anti-Gay Law In Indiana

pride It’s hard to believe, after how far the gay rights movement has come, that we’re still doing this. But here we are. Republican Indiana Gov. Mike Pence has signed into law a bill that allows private businesses to discriminate against gay and lesbian consumers, according to CNN. The “Restoration of Religious Freedom Act” is meant to allow businesses and corporations to… Read More

SEC Rule Change Gives Startups An A+ For Capital Formation

Screen Shot 2015-03-27 at 11.33.19 AM Earlier this week, the Securities and Exchange Commission (SEC) announced a new set of rules implementing Title IV of the JOBS Act. The release of these final rules further advances one of the core principles and goals of the 2012 law: to create an environment where emerging enterprises can raise public capital efficiently. Read More

Cisco Backs Video Ad Startup Innovid In New $10M Round

innovid Innovid, a startup that helps advertisers create, target, and measure video ad campaigns, is announcing that it has raised $10 million in new funding. As part the round, the startup is bringing on Cisco Investments as a new investor. (Previous backers such as Genesis Partners, Sequoia Capital, and T-Venture also participated.) Innovid and Cisco were already working together on the technology… Read More

Anonymous Social App Cloaq Lets You Secretly Comment On Anything

cloaq The trend toward anonymous social applications may be on the downswing for some, but others believe there’s still a place for online discussions where users don’t have to reveal their real identity. Case in point: Cloaq, the anonymous app where users never had to provide an identifying piece of information, like a phone number or email, is today launching out of beta with a new twist. Read More