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Last Week Online #15 – Money, games and privacy issues – like any other week online.

Anna Loverus
Anna Loverus
3 min read

Some good reasons to change your Facebook password

On Thursday, following a report by Krebs on Security, Facebook recognised a bug in its password management systems that caused 200 million and 600 million users passwords for Facebook and Instagram to be stored in plain text. The passwords were only reachable internally on Facebook, but this still means that 20,000 Facebook employees could have searched for and found them. According to Krebs, the passwords were created in 2012 or later.

Facebook says that an ongoing investigation has yet found no indication that employees have abused access to this data. But Krebs anonymous internal Facebook sources claim to have access to logs showing some 2,000 engineers or developers made approximately nine million internal queries for data that contained plain text user passwords.

Read more here.

Pinterest prepares for IPO in April – doing much better than most startups going public

Pinterest, took its first official step toward a 2019 IPO two months ago, hiring Goldman Sachs and JPMorgan Chase as lead underwriters for its offering on New York Stock Exchange (NYSE). The nearly San Fransico-based visual search engine has unveiled its S-1, a document containing the necessary business and financial information on the company needed before a specific securities offering.

In its prospectus, Pinterest called itself “a productivity tool for planning your dreams.” Emphasising the visual, image-driven nature of its product, as well as its ability to capture people’s intent to buy things related to their pins. The company has roughly doubled its monthly active user count since early 2016, hitting 265 million late last year. Last year that created $700 million in ad revenue.

Pinterest's total revenue in 2018 was $755.9 up from $472.8 million in 2017. And the company’s net loss shrank to $62.9 million last year from $130 million in 2017. In total, Pinterest has posted $1.525 billion in revenue since 2016. The company employs 1,600 people across 13 cities, including London, Paris, São Paulo, Berlin and Tokyo.

Read more here.

Google revealed its "Netflix for gaming" service Stadia

Google revealed its cloud gaming service – Stadia – at the Game Developers Conference (GDC) in San Francisco this week. Stadia is meant to be a platform for everyone, says to CEO Sundar Pichai who talked about Google’s ambitions to stream games to all types of devices during Googles GCD event. The platform will stream games from the cloud to laptops, desktops, TVs, tablets and phones – without the need to download or install any games. The company showed off a dedicated Stadia controller, but you’ll also be able to use your existing third-party controllers or keyboard and mouse.

Google hopes to use YouTube to amplify this game streaming service, with a lot of users already creating gaming content. They demonstrated a new YouTube feature that lets you view a game clip from a creator and hit “play now” to instantly stream the title on Stadia. This is also an advantage over competitors, like Microsoft, who are having similar platforms in the makes.

Google previously tested their cloud service for games as "Project Stream" some months ago, allowing Chrome users to stream Assassin’s Creed Odyssey in their browser. The tests, which ended in January, seem to have been successful since Stadia is planning to launch in the US, Canada, UK, and Europe sometime this year.

Read more here.

Tool of the week: Blogcast

Blogcast let you generate audio versions of your articles, automatically. It then gives you the raw audio and a simple embed. Then, you can add it to your webpage, create a fully-automated podcast, or use it in any other way you can think of. With more and more people leaving blogs for podcasts, using the text content you already created is probably wise.

The tool uses AI-powered text-to-speech technology to give you impressively great voice content – without a human having to record it manually. AI-powered text-to-speech doesn't sound like the crappy automated voices we are used to from a couple of years ago. It's definitely worth a try!

Last Week Online

Anna Loverus Twitter

Thinker and doer. Loves running, wine, and human behaviour.

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