Hack Hack Hack Hack It Apart

Social Anxiety: Indicted, Fired and Evicted—Alleged Hacker Matthew Keys Faces A Long Road to Redemption

(Photo by Max Whittaker/Getty Images)

On March 14, 2013, the indictment came down: 26-year-old Matthew Keys, a celebrated social media journalist, Twitter power user and full-time editor at Reuters, had been charged in a federal criminal case. In the indictment document, published by Politico, the Department of Justice alleged that Mr. Keys had conspired with the hacktivist collective Anonymous to gain access to the Los Angeles Times’ website by providing some of the group’s members with the usernames and passwords that allowed them to deface at least one story posted there. Read More


Booting Up: Now Bloomberg LP Has Its Own Venture Capital Fund, Too

(Photo by Stephen Dunn/Getty Images)

Has Google Maps ruined travel? (Only if your idea of a fun holiday is wandering the wilderness with only a compass and water bottle.) [Skift]

Bloomberg LP (which owns Bloomberg News) is launching a $75 million venture capital fund, because apparently that sort of thing is NBD now. [New York Times]

Forget over-sharing on the News Feed–teens are on Facebook to chat. [BuzzFeed]

The latest malware campaign to keep security pros up at night: NetTraveler, which in eight years has hit 350 “high-profile” targets across 40 countries. [Ars Technica]

Is Larry Ellison, lover of the high seas, actually terrible for the America’s Cup? [New York Times]



Booting Up: Dick Costolo Resigns as Director of Twitter U.K.

Mr. Costolo (Photo: About.me)

Last week, Twitter CEO Dick Costolo reportedly quit as director of the company’s U.K. arm. The news comes just days after government regulators forced TweetDeck to dissolve following accounting issues. [Sky News]

Bloomberg is apologizing to its clients after allegations that reporters snooped on client terminals to see their Seamless orders or whatever. [CNN Money]

JackThreads’ recent push into international waters, like Australia and the U.K., is doing well for the company’s bottom line as sales overseas now make up 10 percent of its business. [AllThingsD]

Facebook Home is missing features that Android users love (widgets, docks, oh my!) because all of the developers use iPhones. The lack of “droidfooding” is causing them to scramble to add those features to turn around Home’s slow downloads. [TechCrunch]

Here’s a groovy map that shows you where in the world Wikipedia is being edited right now. [Ars Technica]

Elon Musk and David Sacks have left Mark Zuckerberg’s political action group over growing concerns over the support of certain politicians. [AllThingsD]

These Streets

Hey Wall Street: Now You Can Get Twitter on Your Bloomberg Terminal

Hey, they never promised you a rose garden. (Photo: Jared Keller, Twitter)

Guess the guys on Wall Street were feeling a little left out: Earlier this week, the S.E.C. signed off on official company announcements via social media (as long as shareholders are warned in advance where to look). And now, Bloomberg L.P. has announced that it will integrate tweets into the stream of information pulsing through the terminals that grace desks all over the financial industry.

Like everything else on the Bloomberg terminals, the tweets look butt-ugly. Read More

NY Tech

Mayor Bloomberg Hosted a Press Conference for Startups at Buzzfeed Today, Because Why Not

The whole crew's here!

Guess Mayor Bloomberg isn’t going to close out his third term partying in swinging London, after all. Today in the hipper-than-thou surroundings of the BuzzFeed offices (BTW? sad lack of actual cats), he announced a new all-out, city-backed push officially expanding the “Made in NY” branding (created for the entertainment industry) to the tech business.

“We’re spreading the word, hopefully drawing even more tech companies to the five boroughs by taking a couple of steps today,” said Mayor Bloomberg.

Companies with at least 75 percent of their production in the city now includes tech firms can apply to be “Made in NY” certified, meaning they can display that spiffy little logo (or as it was described in the announcement, the “mark of distinction”) on their site. Everybody’s getting stickers, in other words! Read More

Teach Me How to Startup

Mike Bloomberg Has Poured $1.1 B. Into a Research Institution That Is Not in New York City

Mayor Bloomberg and Mr. Dorsey. (Photo: nycgov.tumblr.com)

A fair bit of Mike Bloomberg’s third and final term has been devoted to improving New York City’s educational offerings in the practical hard sciences. Besides the creation of Cornell Tech, he also helped broker city support for beefed-up programs at NYU and Columbia.

But there’s one science-focused school that has clearly has the mayor’s heart, and it’s in Baltimore, of all places: His alma mater, Johns Hopkins, where he got his engineering degree. He’s showered the university with cash for years, and the New York Times reports that his latest gift (a cool $350 million, the largest individual gift in the school’s history) brings the total to $1.1 billion.  Read More

startup rundown

Startup News: Bloomberg Wiring up NYC and Canadians Make Sweet Love to Songza

Mr. Bloomberg. (Twitter)

Time Warner Still Sucks On Friday, Mayor Bloomberg made a big move toward ing promise to expand broadband in New York. He launched ConnectNYC, a contest for small businesses that will award free fiber cable wiring (overall value of up to $12 million) to 240 local businesses across the five boroughs over the next two years. But will it make slow cashiers go faster?

All Your Dwollas Belong To Us Dwolla, the way to pay people via smartphone, just rolled out a cool feature called MassPay. It allows you to pay up to 2,000 people at once, which is great for business owners or degenerate gamblers who have a lot of friends. Payments under 10 dollars are free, while anything higher than that requires a small fee of 25 cents per transaction. Parking Panda, VHX and Major League Gaming have all pledged to start using the service immediately. Read More

XX in Tech

Despite Gains on the Business Side, Women Lag in Computer Science

Where's their tea? Ladies love tea. (Photo: David Paul Morris/Bloomberg)

Things are looking better for the ladies of the tech business, but we’ve still got a long way to go on the computer science front. That’s the conclusion the panelists of Women to Watch seem to have reached in yesterday’s premiere of our industry’s very own version of The View, your mom’s favorite show about ladies sitting around yakkin’ about stuff.

According to the Bloomberg News recap, the panelists agreed that things are looking a lot sunnier these days, with many venture capitalists happy to hand out cash and founding teams looking for a female perspective.

However:  Read More

Perk Up

Do Startups Get Run Down by Passive-Aggressive Perks? The Downsides of Unlimited Everything

The Tipping Point Partners office (Photo: Tipping Point)

Like cushy sign-on bonuses or drool-worthy stock options, perks are a potent recruiting tool for startups, dangled before potential hires like a treat before a ravenous animal. Expensive, Steve Jobs-approved gear and kitchens overflowing with every snack imaginable are treated like they’re the equivalent of platinum health insurance.

We get it–having a thriving, enjoyable Read More