tech:

taffy

Quick Look Into LinkedIn’s Password Breach

[By Sudarshana Banerjee]

Reports surfaced in the European press of a packet of some 6.5 million LinkedIn passwords being up for grabs in a Russian hacker website. LinkedIn has now confirmed that indeed some of its member passwords have been breached, though the professional networking site is not saying exactly how many is the ‘some’ of the breach.

Vicente Silveira (Director, LinkedIn): We can confirm that some of the passwords that were compromised correspond to LinkedIn accounts.

What happens next? LinkedIn members that have accounts associated with the compromised passwords will notice that their LinkedIn account password is no longer valid.  They will also receive two emails from LinkedIn, the first providing details on how they can reset their passwords, and the second mail outlining why they have to. If you have a LinkedIn account, you may want to go ahead and change your password, just to be on the safe site. Especially so if your LinkedIn password is used elsewhere (online banking perhaps?)

LinkedIn says it just put in enhanced security in place, including hashing and salting of their current password databases.”It is worth noting that the affected members who update their passwords and members whose passwords have not been compromised benefit from the enhanced security we just recently put in place, which includes hashing and salting of our current password databases,” says Mr. Silveira.

Hashing changes the passwords to a different fixed-size string of data, making it very very difficult to deduce the original password in the event of a compromise. A cryptographic salt is data used during hashing to eliminate the possibility of the output being looked up in a list of pre-calculated hashes. Hashing and salting are standard password storing practices. It is not clear whether the ‘enhanced security’ was put in place after the breach, or if hackers somehow got through to 6.5 million hashed passwords and account details.

 

Just in

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.