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Tech Brew Ride Home

Mon. 10/22 - Fred Wilson Wants You To Vet Your Venture Funders

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.71K Ratings

🗓️ 22 October 2018

⏱️ 16 minutes

🧾️ Download transcript

Summary

Facebook wants to buy some cybersecurity, Washington wants to know what Silicon Valley will do for its country, Fred Wilson wants you to ask yourself if your investors are bad actors, and stealing a Tesla by hacking the entry fob. Links: Facebook on Hunt for Big Cybersecurity Acquisition (The Information) Who Are My Investors? (AVC) Thieves steal a Tesla Model S by hacking the entry fob (Engadget) A tech executive's video of his Tesla Model S being hacked and stolen is going viral (Business Insider) Video of the Tesla theft Google Home Hub review (CNET) Google Home Hub review—Awesome hardware for Google’s nascent smart display software (Ars Technica) Google Home Hub Review: At the intersection of useful and just plain cute [Video] (9to5Google) Google Home Hub review: A more personal smart display (Engadget) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Tech Mem Ride Home from Monday, October 22, 2018. I'm Brian McCullough.

0:09.0

Today, Facebook wants to buy some cyber security.

0:13.7

Washington wants to know what Silicon Valley will do for its country.

0:17.9

Fred Wilson wants you to ask yourself if your investors are bad actors.

0:22.3

And stealing a Tesla by hacking the entry file here's what you

0:27.0

miss today in the world of tech. Today the information is reporting that Facebook is looking to acquire a

0:36.0

cyber security company. That's not a big shock to regular listeners of this pod

0:40.6

as every week and seemingly every day there's some sort of news related to

0:45.4

Facebook and data privacy, hacks, spam, you name it.

0:49.9

It's clear that Facebook wants to be seen investing in cybersecurity in an effort to

0:55.0

boost its reputation around security and of course to actually help secure

0:59.2

customer data against hackers. According to the report, Facebook has created an internal team devoted to finding

1:06.0

cyber security companies that are willing to be bought. Facebook declined to comment to the information.

1:12.2

But this wouldn't be the first time Facebook has acquired a cybersecurity company.

1:15.6

In 2014, it bought Private Corps which handles server side protection.

1:20.4

However, it appears that this time, whatever company Facebook buys will be focused on a different

1:26.1

part of the stack, perhaps maybe a firm that analyzes patterns of user logins or other analytics might fit the bill. Another possibility would be a company

1:35.4

that implements user-level security features to beef up the resilience of the core Facebook

1:40.6

log-in. Regardless of what kind of company comes in, a key reason for this acquisition is simply

1:46.9

to increase the number of skilled security experts Facebook employees.

1:50.8

That was one driver behind the private core acquisition.

1:53.0

But Facebook will face some hurdles in buying into this sector.

...

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