Time to change your Twitter password. It's The Daily Crunch.

THE DAILY CRUNCH FRIDAY, MAY 4 2018 By Anthony Ha Twitter admits to an embarrassing security mistake, Instagram moves into commerce and Google announces a new election ad policy. All that and more in The Daily Crunch for May 4, 2018. 1. You should change your Twitter password right now Yesterday, Twitter revealed that a bug caused the platform to store user passwords in unmasked form. In this instance, it sounds like Twitter stored plain text passwords openly without any hashing on an internal log. The company says it has "no reason to believe password information ever left Twitter's system," but just to be safe, you should go ahead and change that password. 2. Instagram quietly launches payments for commerce The new feature, which has been stealthily released to some users, lets you register a debit or credit card as part of a profile, set up a security pin, then start buying things without ever leaving Instagram. Sponsored By: TechCrunch TC: Blockchain, Zug - 6 July Blockchain is potentially the most disruptive new technology since the internet itself, and that's why TechCrunch is proud to announce our first event dedicated entirely to blockchain, crypto and the future of the internet. Learn More… 3. Google rolls out new policies for U.S. election ads Specifically, any advertiser who wants to buy an election ad on Google in the United States will now have to go through additional verification to prove they are a citizen or lawful permanent resident, as required by law. That means providing a government-issued I.D. and other key information. 4. Pandora shares up 8% after surprise earnings beat Wall Street liked that the company showed a sizable increase in subscriber revenue, posting $104.7 million, a 63 percent increase from last year. Pandora has 5.63 million paid listeners, up 19 percent from the same timeframe in 2017. 5. A group of public radio companies acquires podcast app Pocket Casts That might sound like a lot of owners for one app, but the idea is to run Pocket Casts as a joint venture. And while former iHeartRadio executive Owen Grover is becoming CEO, NPR says the existing Pocket Casts team will remain in place. 6. MoviePass competitor Sinemia launches $4.99 per month subscriptions To be clear, at the cheapest price tier, you only get one ticket per month. Still, it's not a bad deal. 7. Ex-Volkswagen CEO charged for role in diesel emission scandal Former CEO Martin Winterkorn has been charged with conspiracy and wire fraud in a U.S. court. Winterkorn stepped down from his role at Volkswagen in September of 2015. Get more stories at techcrunch.com  Newest Jobs From CrunchBoard: Startup CTO / Principal Software Engineer at Hip eCommerce (Raleigh, NC, USA) Database & IT Associate at Imagination Stage, Inc. (Bethesda, MD, USA) Digital Marketer at Lean Startup Co. (REMOTE, USA) IT Project Manager at American College of Obstetricians and Gynecologists (Washington, D.C., DC, USA) Data Analyst at American College of Obstetricians and Gynecologists (Washington D.C., DC, USA) SEE MORE JOBS ON CRUNCHBOARD Post your tech jobs and reach millions of TechCrunch readers for only $200 per month View this email online in your browser If you do not want to receive this email or you would like to update your preferences click here. 410 Townsend Street, San Francisco, CA 94107 © 2018 Oath Tech Network. All rights reserved.   TechCrunch is now a part of Oath and a part of Verizon. On May 25th 2018 we will be introducing a new unified Oath Terms of Service and Privacy Policy which will explain how your data is used and shared. Learn More.