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Yahoo confirms huge data breach | Crunch Report

September 22, 2016
by
TechCrunch
YouTube video player
Yahoo confirms huge data breach | Crunch Report

TL;DR

Yahoo's data breach compromised the personal information of 500 million users, Apple acquires Tupple Jump for machine learning capabilities, Amazon launches Amazon Prince photo printing service at cheaper prices, and Weebly updates its platform with new marketing and e-commerce features.

Transcript

yahoo confirms a huge data breach apple buys company tupple jump weebly updates its platform and more it's Thursday September 22nd and this is crunch report how's it going everyone how's it going to the five hundred million people whose personal information on yahoo was stolen hope you're all doing great Yahoo today confirmed it's working with law ... Read More

Key Insights

  • 🤨 Yahoo's data breach raises concerns about the security of user information, emphasizing the importance of regularly changing passwords.
  • 😘 Amazon's entry into the photo printing market with Amazon Prince has disrupted competitors like Shutterfly due to significantly lower prices.
  • 🎰 Apple's acquisition of Tupple Jump demonstrates its intention to strengthen its machine learning capabilities and potentially incorporate more AI features into its products.

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Questions & Answers

Q: How many users were affected by the Yahoo data breach?

The data breach affected at least 500 million Yahoo users, compromising their personal information such as names, email addresses, phone numbers, birth dates, passwords, and security question responses.

Q: What is Amazon Prince and how does it affect Shutterfly?

Amazon Prince is a new photo printing service offered by Amazon, which allows consumers to print photos and custom photo books at significantly cheaper prices compared to competitors. As a result, Shutterfly's stock experienced a 12% decline, its worst single-day decline since February 2008.

Q: What does Apple aim to achieve with the acquisition of Tupple Jump?

Apple's acquisition of Tupple Jump indicates its interest in entering the machine learning business and catching up with rivals like Microsoft. Tupple Jump is known for its open-source file ODB that applies machine learning frameworks to data in real time, suggesting that Apple may integrate more AI features into its devices in the future.

Q: What updates did Weebly introduce to its platform?

Weebly has rolled out a new version of its platform with a focus on improving marketing and e-commerce functionality. One notable feature is the ability to message users who have abandoned their carts at checkout. Weebly currently serves 40 million customers, with their websites attracting 300 million visitors each month.

Summary & Key Takeaways

  • Yahoo confirms a data breach where personal information of at least 500 million users was stolen by a state-sponsored actor, including names, email addresses, phone numbers, birth dates, passwords, and security question responses.

  • Amazon quietly launches Amazon Prince, a service for printing photos and custom photo books at significantly cheaper prices compared to rivals, causing Shutterfly's stock to drop 12%.

  • Apple acquires Tupple Jump, a company specializing in applying machine learning to data in real time, potentially leading to more AI features on Apple devices.

  • Weebly updates its platform with a focus on marketing and e-commerce functionality, including the ability to message users who abandoned their carts at checkout.


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