FB stored 100s of millions of passwords in plain text

[Schnellbandit]

https://www.theverge.com/2019/3/21/...text-password-storage-hundreds-millions-users

https://www.nytimes.com/2019/03/21/technology/personaltech/facebook-passwords.html

Take your pick of references.

"Facebook stored passwords for hundreds of millions of users in plain text, exposing them for years to anyone who had internal access to the files..."

"a string of errors led certain Facebook-branded apps to leave passwords accessible to as many as 20,000 company employees.".

"As a result, users won’t be required to reset their passwords."

Meanwhile, FB stock was up in late day trading.

 

[Blankpage]

Stop dissing FB. I gots shares in that shit.

 

[Reli]

Anyone with a generic mutual fund owns shares of it. Still a stupid company though, led by a guy with his head in the clouds.

 

[Climber]

Facebook doesn't have it's value because of exceptional programming, as a software company it's product is shit.

 

[bruceflinch]

Corporate misbehavior. Starting to get cynical about it.
Everyone do whatever they want and just leave me the fuck alone...

 

[Blankpage]

Facebook doesn't have it's value because of exceptional programming, as a software company it's product is shit.

The product doesn't have to be good, they just need to sell ad space and that seems to be very profitable for them so as long as that lasts.

 

[Climber]

The product doesn't have to be good, they just need to sell ad space and that seems to be very profitable for them so as long as that lasts.

Very true, people often don't realize that the $165 Billion 'software' company only has software worth about $100 Million and crap at that.

It's all about subscribers.

 

[Schnellbandit]

And one more time, FB leaves 540 million more user account files in jeopardy.

https://slate.com/technology/2019/04/facebook-data-breach-540-million-users-privacy.html

Another day, another data breach.

What is 500 hundred million+ when you have billions of members?

"...87 million, 30 million, 540 million—the list goes on."

 

[Blankpage]

Up 4 bucks today. SWEEEEEEET

 

[Schnellbandit]

Up 4 bucks today. SWEEEEEEET

I hope you realize I'm trying to help you out.:gsxrgrl

 

[clutchslip]

I hope you realize I'm trying to help you out.:gsxrgrl

Yeah, but it hasn't mattered. This company should have crashed as an enterprise and a stock market investment, at LEAST twice, already. Nope. It takes a little hit and keeps on climbing that mountain of dumb. Things have changed in the investment world, otherwise you wouldn't have the huge discrepancy in valuations.