Techmeme
August 20, 2015, 6:25 AM

Top News

Casey Newton / The Verge:
Ashley Madison's data breach could have profound consequences for users and will likely be catastrophic for the company  —  The mind-bending messiness of the Ashley Madison data dump  —  Massive data breaches have become so routine as to become background noise.
Joseph Bernstein / BuzzFeed:
Ashley Madison's $19 ‘Full Delete’ Option Made The Company Millions  —  The hacked cheating site sold peace of mind to tens of thousands of users.  —  Ashley Madison, the hacked affairs site, made nearly $2 million dollars off of its so-called “Full Delete” function in 2014, according to private company documentation leaked yesterday.
Yevgeniy Sverdlik / Data Center Knowledge:
Lightning strikes Google Compute Engine data center in Belgium; services disrupted and 0.000001% of data lost  —  Lightning in Belgium Disrupts Google Cloud Services  —  Not even the mighty Google data centers are immune from acts of god it turns out.  —  A series of successive lightning strikes …
TechCrunch:
Here Are The 52 Startups That Launched At Y Combinator Summer 2015 Demo Day 2  —  Hardware was the clear-cut theme of Day 1, but Demo Day 2 of Y Combinator's Summer 2015 was a bit more... eclectic.  Moving services!  Streaming services!  Hotel booking, augmented reality, esports!
More: MediaNama
Steve Lohr / New York Times:
Alex Rampell, co-founder and former CEO of TrialPay which was acquired by Visa this year, joins Andreessen Horowitz as general partner  —  With an Eye on Fintech, Andreessen Horowitz Adds a New General Partner  —  The leaders of Andreessen Horowitz believe that experience is the best teacher.
Sam Biddle / Gawker:
Snapchat lost $128M and generated only $3M in revenue between January and November of 2014, according to leaked financials  —  Snapchat Lost a Ton of Money Last Year  —  In 2013, teenage attention-pit Snapchat turned down a $3 billion buyout offer from Facebook, which is only not an insane …

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More News

Kevin Tofel / ZDNet:
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Earlier Picks

Gordon Mah Ung / PCWorld:
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Cam Bunton / 9to5Mac: