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LivingSocial Experiences Security Breach

The security of LivingSocial’s computer systems was breached through a cyber attack. Through their shenanigans, perpetrators were able to gain access to LivingSocial’s customer data. Apparently, the information of about 50 million customers was affected by the attack. Authorities were notified and they are actively looking into the case, it’s being reported. Besides names and email addresses, dates of birth, and even some encrypted (hashed and salted) passwords were compromised in the attack. News outlets circulated a memo sent by company brass. In the memo, Tim O’Shaughnessy, LivingSocial’s CEO, said, “We recently experienced a cyber attack on our computer systems that resulted in unauthorized access to some customer data from our servers,” adding, “We are actively working with law enforcement to investigate this issue.” So far it’s being assumed that no credit card or other financial information belonging to customers was accessed

Pinterest’s Ben Silbermann Speaks

Tom Simonite, a senior IT editor at MIT Technology Review , recently interviewed Ben Silbermann, Pinterest’s CEO and co-founder. The interview gives a glimpse at how company brass envisions the monetized future of the hugely popular, and still young, site. It seems everyone is using Pinterest — amateur chefs, First Lady Michelle Obama, designer-types putting together outfits suitable for sundry fashion weeks, and even mothers of would-be supreme tech chieftains (Silbermann’s mom has a popular Pinterest board). But overall, since Pinterest gained wide popularity in early 2012, no one has flocked to it as much as women have. So where does Ben Silbermann think the site he helped start in 2009 is going