Friday, November 30, 2018

Marriott reveals a massive data breach

THE DAILY CRUNCH
FRIDAY, NOVEMBER 30 2018 By Anthony Ha

Marriott reveals a massive data breach, Instagram lets you share with Close Friends and we have a Startup Battlefield winner at Disrupt Berlin.

1. Marriott says 500 million Starwood guest records stolen in massive data breach

The hotel and resorts giant said in a statement filed with U.S. regulators that the "unauthorized access" to its guest database was detected on or before September 10 — but may date back as far as 2014.

"Marriott learned during the investigation that there had been unauthorized access to the Starwood network since 2014," said the statement. "Marriott recently discovered that an unauthorized party had copied and encrypted information, and took steps towards removing it."

2. Instagram now lets you share Stories to a Close Friends list

The new feature lets you build a single private list of your best buddies on Instagram through suggestions or search, and then share Stories just to them.

3. And the winner of Startup Battlefield at Disrupt Berlin 2018 is… Legacy

At the very beginning, there were 13 startups. After two days of incredibly fierce competition, we now have a winner.

4. Floyd Mayweather and DJ Khaled to pay SEC fines for flogging garbage ICOs

Mayweather received $100,000 from Centra Tech while Khaled got $50,000 from the failed ICO. The SEC cited Khaled and Mayweather's social media feeds, noting they touted securities for pay without disclosing their affiliation with the companies.

5. Sheryl Sandberg knew more of Facebook's work with Definers than she let on

The latest revelation: Sandberg herself directed Facebook's communications team to probe the financial ties of George Soros, left-leaning billionaire and frequent political target of the right. The new reporting cites an email between Sandberg and a Facebook senior executive that was circulated more broadly to senior comms and policy staff.

6. Lawmakers say Amazon's facial recognition software may be racially biased and harm free expression

The letter, signed by eight lawmakers — including Sen. Edward Markey and Reps. John Lewis and Judy Chu — called on Amazon chief executive Jeff Bezos to explain how the company's technology works, and where it will be used.

7. DoJ charges Autonomy founder with fraud over $11BN sale to HP

Lynch sold Autonomy, the big data company he founded back in 1996, to computer giant HP for around $11 billion some seven years ago. But within a year, around three-quarters of the value of the business had been written off, with HP accusing Autonomy's management of accounting misrepresentations and disclosure failures.

Get more stories at techcrunch.com 

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