While we do realize that many tech companies have young founders whose youthful missteps can sometimes be forgiven, yea, even in business, neither companies nor founders stay young forever, and we were just wondering what the benchmark is for when certain tech companies will grow up and take responsibility.
It recently came to light that Yahoo! was compromised back in 2014, but waited two years to confirm a data breach “affecting 500 million user accounts, which would make the breach the largest in history.” In fact, according to Recode (who broke the story), If you’ve ever created a Yahoo account, take these steps immediately to protect your data – it’s not just your Yahoo account that’s vulnerable. Lest we forget, we sometimes share sensitive information in email, and two years, Gracie? We realize that Yahoo mail is free, but does that mean that the company doesn’t have some sort of responsibility to inform its users when there’s a major data breach? Don’t ask. Or in this case, given that it took two years for the story to come out, more like don’t tell.
Zuck up of the week: Meanwhile, Mark Zuckerberg admitted last week that for the last two year, Facebook has been systematically overestimating the time its users spent watching videos on the site by ignoring views that lasted less than three seconds – a ‘miscalculation,’ according to Facebook’s David Fischer, that amounted to an overestimation of some 60 to 80 percent. The company’s spin is priceless and definitely worth a read.