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Tech Brew Ride Home

Fri. 09/28 - Facebook Breached, Musk Faces A Ban

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.71K Ratings

🗓️ 28 September 2018

⏱️ 20 minutes

🧾️ Download transcript

Summary

A new Facebook scandal—but this time it’s different, Slack is preparing for an IPO, an exciting new episode of Today in Elon Musk, and, of course, the weekend longreads suggestions.  Links: Slack Actively Preparing for Early 2019 IPO (WSJ) Coinbase now lets users buy 'bundles' (TechCrunch) Compound launches easy way to short cryptocurrencies (TechCrunch) Tesla's Musk pulled the plug on a settlement with the SEC at the last minute (CNBC) The Betterment Weekend Longreads: How Uber is getting flying cars off the ground (CNET) Coinbase Wants To Be Too Big To Fail (Fortune) The Apple Watch – Tipping Point Time for Healthcare (Steve Blank) Meet the Community Keeping Obsolete Supercomputers Alive (Motherboard) The first Android phone 10 years later: An annotated review (CNET) Hacker says he'll livestream deletion of Zuckerberg's Facebook page (Engadget) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Tech Meme Right Home for Friday, September 28th, 2018. I'm Brian McCullough.

0:09.0

Today, a new Facebook scandal, but this time it's a bit different.

0:15.0

Slack is preparing for an IPO.

0:17.0

There's an exciting new episode of Today in Elon Musk for you,

0:21.0

and of course, the long reads suggestions here's what

0:25.3

you missed today in the world of tech. Early this afternoon Facebook announced it had discovered a security vulnerability affecting

0:36.3

around 50 million Facebook users.

0:39.3

Quoting Guy Raisin, the Facebook VP of product management.

0:43.7

Our investigation is still in its early stages,

0:45.7

but it's clear that attackers exploited a vulnerability in Facebook's code

0:49.1

that impacted view as a feature that lets people see what their own profile looks like to someone else.

0:57.0

This allowed them to steal Facebook access tokens which they could then use to take over people's accounts. Access tokens are the equivalent

1:06.4

of digital keys that keep people logged into Facebook so they don't need to reenter their

1:10.4

password every time they use the app."

1:13.0

So if you were logged out of your Facebook account when you tried to check it this morning

1:19.3

or if you were asked to reset your password, this is why.

1:22.8

As Facebook is still investigating this vulnerability,

1:25.3

it has logged out more than 90 million Facebook users

1:28.6

as a precaution.

1:30.3

Facebook says it does not know the origin or identity of the hackers yet,

1:35.0

nor has it assessed the scope of the attack fully.

1:38.6

Again, Facebook stresses this is early days in its investigation.

...

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