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The Daily Crunch is TechCrunch's roundup of our biggest and most important stories. Prompted by a report by cybersecurity reporter Brian Krebs, Facebook confirmed that it stored “hundreds of millions” of account passwords in plaintext for years. The discovery was made in January, said Facebook’s Pedro Canahuati, as part of a routine security review.
Microsoft is on its way to replacing data centers with DNA. The company and researchers from the University of Washington have successfully automated the process to translate digital information into DNA and back to bits. The device first encoded the bits (1's and 0's) into DNA sequences (A's, C's, T's, G's).
Restaurant Brands International CEO Jose Cil chats with Yahoo Finance about the future of Popeyes, Burger King and Tim Horton's.
Trump said the new sanctions had been issued on Friday, but the Treasury Department made no such announcement. Treasury announced sanctions against two Chinese shipping companies on Thursday to punish them for alleged violations of existing sanctions against shipments to North Korea.
The political-consulting firm Cambridge Analytica used the data to target and influence voters on behalf of Donald Trump’s 2016 presidential election campaign. District of Columbia Attorney General Karl Racine sued Facebook in December, accusing it of allowing a third party to gain access to the personal information of some 70 million Americans -- 340,000 of whom live in the capital -- in violation of D.C. consumer protection laws.
Trump made the announcement Friday to reporters traveling with him to Palm Beach, Florida, confirming an earlier Bloomberg News report. Moore has emerged as an ardent critic of the Federal Reserve Board under its current chairman, Jerome Powell, who fell out of favor with Trump last year after the Fed’s rate increases.
The Latest on Tech Stocks Apple, Google, Disney, and Netflix(Continued from Prior Part)Netflix stock surged despite Disney’s acquisition of FoxThe Walt Disney Company’s (DIS) acquisition of 21st Century Fox’s assets poses a big threat to
“Everyone would now acknowledge that what they did in December with the rate increase -- it was a very substantial mistake,” Moore said in an interview Friday with Bloomberg Television. Hours earlier, President Donald Trump announced plans to nominate Moore for one of two vacancies on the Fed’s seven-seat board, confirming an earlier Bloomberg News report.