Uber Concealed Cyberattack That Exposed 57 Million People’s Data and Paid Hackers to Delete Stolen Data on 57 Million People

Compromised data from the October 2016 attack included names, email addresses and phone numbers of 50 million Uber riders around the world, the company told Bloomberg on Tuesday. The personal information of about 7 million drivers was accessed as well.

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“None of this should have happened, and I will not make excuses for it,” Dara Khosrowshahi, who took over as chief executive officer in September, said in an emailed statement. “We are changing the way we do business.”

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The company paid hackers to delete the data and keep the breach quiet. Uber said it believes the information was never used but declined to disclose the identities of the attackers.

Source: Uber Paid Hackers to Delete Stolen Data on 57 Million People – Bloomberg

On avoiding billions in taxes

When Apple’s efforts to reduce its taxes around the world came under fire in Congress a few years ago, CEO Tim Cook fired back. “We do not depend on tax gimmicks,” Cook said. “We do not stash money on some Caribbean island.”
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The world’s most profitable firm has a secretive new structure that would enable it to continue avoiding billions in taxes, the Paradise Papers show.
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Apple sidestepped a 2013 crackdown on its controversial Irish tax practices by actively shopping around for a tax haven.
It then moved the firm holding most of its untaxed offshore cash, now $252bn, to the Channel Island of Jersey.

Sources:
Paradise Papers: Apple’s secret tax bolthole revealed
Apple Avoiding Billions in Taxes With Island of Jersey Plan

history of Twitter, from beginning to end from the perspective of one person involved in most of the things all this time

To this day, Jack Dorsey doesn’t realize the size of the bomb he’s sitting on. Or if he does, he believes it’s metaphorical. It’s not. He is utterly unprepared for the burden he’s found himself responsible for.

What happens when the thing that might save you is also the thing that might destroy the world? What do you do? Where does your responsibility lie?

Twitter set out to change the world. It did.

Source: One person’s history of Twitter, from beginning to end