Gerry's Feed
Jun 27, 2013

Facebook ad products director to join online-payment firm Square

SAN FRANCISCO (Reuters) – Facebook Inc’s director of advertising products has been hired by Square in a significant coup for the young online-payments company.

Gokul Rajaram starts work at the San Francisco-based company next week as lead product developer, overseeing Square Register, the firm’s point-of-sale product for retailers, Square said on Thursday. The product allows retailers to use an Apple iPad computer tablet as a cash register.

Jun 27, 2013

Square’s website for small businesses takes on e-commerce giants

SAN FRANCISCO (Reuters) – Since 2010, Square Inc’s matchbox-sized card readers have steadily supplanted credit card machines in coffee shops and corner stores across the United States.

Now, the company, one of Silicon Valley’s most highly valued private firms, is diving into a market as expansive the internet itself.

Jun 21, 2013

Facebook admits year-long data breach exposed 6 million users

SAN FRANCISCO (Reuters) – Facebook Inc has inadvertently exposed 6 million users’ phone numbers and email addresses to unauthorized viewers over the past year, the world’s largest social networking company disclosed late Friday.

Facebook blamed the data leaks, which began in 2012, on a technical glitch in its massive archive of contact information collected from its 1.1 billion users worldwide. As a result of the glitch, Facebook users who downloaded contact data for their list of friends obtained additional information that they were not supposed to have.

Jun 21, 2013

Box’s sales model evolves as “inevitable” IPO nears -CEO

SAN FRANCISCO, June 20 (Reuters) -
Box, the closely watched data storage company, is shifting its
growth strategy ahead of an initial public offering that could
come in 2014, Chief Executive Aaron Levie told the Reuters
Global Technology Summit.

In its early years as a scrappy startup, Levie advocated a
sales strategy that sought to convince individual employees or
small units within larger companies to use his service for free,
before charging them for additional features.

Jun 18, 2013

Batteries hold key to wearable device revolution

SAN FRANCISCO (Reuters) – Longer-lasting batteries are crucial for a new crop of wearable computers whose rise may upend Apple (AAPL.O: Quote, Profile, Research, Stock Buzz) and Google’s (GOOG.O: Quote, Profile, Research, Stock Buzz) dominance of mobile devices, two of the field’s pioneers say.

Wearable devices – from bracelets that monitor physical activity and sleeping patterns to clothing with built-in sensors and Web-ready glasses – may mark the next big technology shift, just as smartphones evolved from personal computers.

Jun 15, 2013

Web companies begin releasing surveillance information after U.S. deal

SAN FRANCISCO (Reuters) – Facebook and Microsoft have struck agreements with the U.S. government to release limited information about the number of surveillance requests they receive, a modest victory for the companies as they struggle with the fallout from disclosures about a secret government data-collection program.

Facebook on Friday became the first to release aggregate numbers of requests, saying in a blog post that it received between 9,000 and 10,000 U.S. requests for user data in the second half of 2012, covering 18,000 to 19,000 of its users’ accounts. Facebook has more than 1.1 billion users worldwide.

Jun 15, 2013

Web companies begin releasing surveillance information after U.S. deal

SAN FRANCISCO (Reuters) – Facebook and Microsoft have struck agreements with the U.S. government to release limited information about the number of surveillance requests they receive, a modest victory for the companies as they struggle with the fallout from disclosures about a secret government data-collection program.

Facebook on Friday became the first to release aggregate numbers of requests, saying in a blog post that it received between 9,000 and 10,000 U.S. requests for user data in the second half of 2012, covering 18,000 to 19,000 of its users’ accounts. Facebook has more than 1.1 billion users worldwide.

Jun 15, 2013

Web companies begin releasing surveillance information after deal with U.S.

SAN FRANCISCO (Reuters) – Facebook and Microsoft have struck agreements with the U.S. government to release limited information about the number of surveillance requests they receive, a modest victory for the companies as they struggle with the fallout from disclosures about a secret government data-collection program.

Facebook on Friday became the first to release aggregate numbers of requests, saying in a blog post that it received between 9,000 and 10,000 U.S. requests for user data in the second half of 2012, covering 18,000 to 19,000 of its users’ accounts. Facebook has more than 1.1 billion users worldwide.

Jun 15, 2013

Web companies begin releasing surveillance info after deal with U.S.

SAN FRANCISCO, June 14 (Reuters) – Facebook and Microsoft
have struck agreements with the U.S. government to release
limited information about the number of surveillance requests
they receive, a modest victory for the companies as they
struggle with the fallout from disclosures about a secret
government data-collection program.

Facebook on Friday became the first to release
aggregate numbers of requests, saying in a blog post that it
received between 9,000 and 10,000 U.S. requests for user data in
the second half of 2012, covering 18,000 to 19,000 of its users’
accounts. Facebook has more than 1.1 billion users worldwide.

Jun 13, 2013

Iranian Gmail users targeted in pre-election hacking campaign -Google

SAN FRANCISCO, June 12 (Reuters) – Tens of thousands of
Gmail accounts belonging to Iranian users have been targeted in
an extensive hacking campaign in the weeks leading up to the
country’s closely watched presidential elections on Friday,
Google Inc said on Wednesday.

The U.S. Internet company, which described the attacks as
broad “email-based phishing” attempts seeking to trick
unsuspecting Gmail users into giving up their user names and
passwords, said they originated in Iran and appeared to be
“politically motivated in connection with the Iranian
presidential election on Friday.”