Saks Fifth Avenue Exposed Personal Info On Tens Of Thousands Of Customers

AP/Mark Lennihan

The personal information of tens of thousands of customers of Saks Fifth Avenue, Gilt, Lord & Taylor, and other retail brands have been publicly available in plain text online, BuzzFeed News has learned.

The online shopping sites for the brands are all maintained by the digital division of their owner, the Canada-based Hudson&;s Bay Company. The sites have exposed thousands of private customer emails, phone numbers and IP addresses — along with identification codes for products the customers expressed interest in buying — on unencrypted, plain text web pages that were accessible to anyone with a web browser.

The pages, which were reviewed by BuzzFeed News in recent days, were taken offline after HBC was contacted for comment on this story. Further site security issues may leave online shoppers&039; information vulnerable to hackers while they browse the site on an open Wifi network.

“This is bad,” said Robert Graham, a cybersecurity expert and owner of Errata Security, to BuzzFeed News. “This is as bad as it gets.”

“Everyone is vulnerable,” he added.

Here’s a redacted screenshot of the kind of information that was publicly available

Here's a redacted screenshot of the kind of information that was publicly available

“We take this matter seriously,” a Hudson Bay Company spokesperson told BuzzFeed News. “There is no allegation or indication that credit, payment, or password information have been exposed. The security of our customers is of utmost priority and we are moving quickly and aggressively to resolve the situation, which is limited to some email addresses at this time.”

It is unclear why the information was publicly available online. But a Hudson Bay Company spokesperson told BuzzFeed News it has “teams dedicated to the security of our customers&039; data and follow industry best practices for information security.”

The Canadian retailer is the oldest continually operating business in North America, with roots dating back to a fur trader founded in 1670. The company is currently on the hunt for a major new U.S. department store acquisition, and has been in takeover talks with both Neiman Marcus and Macy&039;s, the New York Times reported last week.

One publicly-accessible page viewed by BuzzFeed News shows information on customers who signed up for wait lists to buy products from its sites. The page includes a number of Gmail, AOL and Hotmail addresses, along with work email accounts from JPMorgan, Charter Communications and government addresses. These were often paired with phone numbers left by the customer.

Graham, the cybersecurity professional who reviewed some of the vulnerabilities after being contacted by BuzzFeed News, said they could expose people to further security headaches.

“Where there&039;s smoke, there’s fire,” he said. “There is probably a way to get password information, but you would have to search further.”

The online shopping sites also use a mix of secure and non-secure pages, which can pose another vulnerability to shoppers.

On Saks Fifth Avenue’s homepage, a small notification appears in the website bar warning users that the connection is not secure. Even when a shopper is logged into their account, a number of the site&039;s other pages do not require secure browsing, which a user can verify when “https” appears ahead of the URL.

SaksFifthAvenue.com / Via saksfifthavenue.com

Graham said that this mix of secure and non-secure pages can leave a shopper vulnerable when browsing on an open WiFi network, as are commonly found in coffee shops and other public places.

A hacker using the same wireless network as a Saks online shopper could eavesdrop on their connection in some circumstances, intercepting data that could allow them to login to the system as the customer in the future, making purchases and grabbing personal information.

“The solution is for every webpage to be encrypted, not just the login,” said Graham. “They should all be https links.”

Quelle: <a href="Saks Fifth Avenue Exposed Personal Info On Tens Of Thousands Of Customers“>BuzzFeed

Meet The Man Whose Site Mark Zuckerberg Reads Every Day

Gabe Rivera was halfway through his lamb gyro when it became clear he’d been spotted. It was the middle of the lunch rush at a bustling upscale food court in downtown San Francisco and Rivera was looking to maintain a low profile. His plans were foiled when a PR rep for a mid-sized tech company picked Rivera’s messy head of hair out from the crowd and headed over with an enthusiastic grin to invite him to an industry party that evening.

Rivera had, of course, already been invited, but responded graciously. The rep, clearly thrilled by the serendipitous encounter, hovered over Rivera at the reclaimed barnwood table, burbling small talk; at one point, before leaving, the rep closed his eyes and shook his head — as if having just tasted something divine — and uttered something to the effect of “as always, loove the site&;” Rivera’s face was equal parts cordial and uncomfortable.

When we’d been left alone, I asked if fans often approached when he ventured out in San Francisco. Rivera was dismissive. “I&;d say Techmeme is still really a very niche site,” he told me later.

Techmeme wields tremendous power over a tremendously powerful group of people.

This modesty was somewhat misplaced. Techmeme may be a niche site compared to the Facebooks and the YouTubes of the world, but the tech-news aggregator influences the people who make the Facebooks and the YouTubes of the world: Mark Zuckerberg and Sundar Pichai are both confessed readers, as are LinkedIn’s Jeff Weiner, former PayPal exec and current Facebook Messenger head David Marcus, former Twitter CEO Dick Costolo, and Microsoft’s Satya Nadella. Hunter Walk, a former product manager at YouTube turned seed-stage venture capitalist, told me he checks the site three to five times daily. “It’s one of my first morning sites,” he told me over email. “My perception is that lots of us [in Silicon Valley] use it.” That includes journalists: Rivera’s taste in that day’s news often dictates what stories are followed and chased by newsrooms across the country. Without writing a word himself, Rivera is shaping tech’s story for the legion of reporters and editors tasked to tell it.

Techmeme, then, wields tremendous power over a tremendously powerful group of people. And as its founder, Rivera has been quietly defining Silicon Valley’s narrative for the industry’s power brokers for more than a decade. But Rivera is uncomfortable — or unwilling — to reckon with how his influence has affected one of the most important and powerful industries in the world. The result is that Rivera can cast himself both as a gimlet-eyed insider with a powerful readership and as a mostly anonymous entrepreneur running a niche link blog from the comfort of his home. It’s a convenient cognitive dissonance.

A snapshot of Techmeme (then known as tech.memeorandum) on January 1, 2006.

Rivera is 43 but looks a decade younger. He is sarcastic, self-deprecating, and gently neurotic. He speaks in meandering sentences that often circle back to revise themselves, and carries himself with what one person I spoke with described it as “an economy of movement with shifty eye contact and a lack of aggression that’s self-assured.”

Rivera worked as an engineer at Intel in the early aughts before launching Techmeme in 2005 as an automated news site that rounded up links from mainstream outlets and obscure technology blogs. He’d already built Memeorandum, a politics aggregation page with a similar look and feel (and has since expanded with a media property called Mediagazer). Both properties were a solution to the now-quaint problem of cluttered RSS feeds, offering the best of the news in their various subject areas, and both took off in their own small corners of the internet. In 2008, to boost the quality and diversity of stories on the site, Techmeme switched to human aggregators.

Everything about Techmeme and its lingering success seems to defy the contemporary wisdom of building a popular website. It publishes zero original reporting and is not a social network. It doesn’t have a mobile app or a newsletter or even much of a social presence beyond its Twitter account, which posts dry commodity news with zero flair for clickability. Revenue comes from sponsored posts and a “who’s hiring” page (Rivera makes a point not to seek any outside funding). Its headlines are typically fact-spattered and unwieldy synopses of the stories they tout; consider, for example, the perfectly serviceable TechCrunch headline “Facebook & Google Dominate The List Of 2016’s Top Apps,” which Techmeme transformed into this grand mountain range of a title: “Nielsen&039;s 2016 top apps by monthly uniques: Facebook, up 14% YoY to 146M; Messenger, up 28% to 129M; and YouTube, up 20% to 113M; Amazon hits , up 43% to 65M.”

Everything about Techmeme and its lingering success seems to defy the contemporary wisdom of building a popular website.

For its first seven years, Techmeme retained the look of the cluttered, aggressively hyperlinked design fever dream of the mid-2000s web; after a 2012 redesign, it now looks like a text-only newspaper homepage and still eschews the most bare-bones navigation features. In an era where the homepage is thought to be on life support, Techmeme is basically nothing more than exactly that, full of wonky text.

A Techmeme headline reporting on a competitor from 2008.

And yet. Run a search query for “Techmeme killer” and you’ll see a graveyard of old headlines for failed experiments like ePlatform, New York Times Blogrunner, Google Blogsearch, and something called Newspond. They&039;re all gone now, and Techmeme persists. Not even Twitter has fazed it.

Google Ventures general partner and former TechCrunch writer M.G. Siegler told me most reporters he knows check the site regularly. “The same also seems to be true of many VCs I know,” he said via direct message. “It&039;s simply the best way to quickly get caught up on what you need to know in our industry.” Joe Brown, the editor-in-chief of Popular Science, described Techmeme as the ultimate insider enthusiast publication. “It’s a small restaurant that serves your favorite dish. And for people that are interested in technology, just knowing about Techmeme is kind of its own reward and carries its own kind of status.”

Chris Dale, YouTube’s global head of communications and public affairs, is a self-confessed “Techmeme addict” and has a Techmeme bookmark on his home row, which he checks religiously between meetings (since there’s no app). “After email, it&039;s the first thing I check in the morning, he told BuzzFeed News. “If your company&039;s trending on Techmeme for something good, it&039;s great validation. If you&039;re trending for something bad, you know you&039;re in for a rough couple of days.”

Put it that way, and Rivera sounds an awful lot like, well, a journalist. Techmeme publishes 30–40 stories a day out of thousands, which means Rivera and his team are constantly making choices about which narratives are important and which are not. It’s not unlike an editor-in-chief slotting stories for Page One.

“Say there’s a story about sexual harassment in a company,” Rivera said. “To what extent do we cover this? If we cover every tiny iteration of the scandal, do people think we are championing this as an issue too much? Is Techmeme turning into an advocacy platform for this issue?” (Ultimately, Rivera has settled on covering cultural topics to the extent that they matter to the industry, or to a given company’s bottom line.)

Just as interesting is what Techmeme’s chosen not to cover. A search on Techmeme for Theranos — arguably the biggest tech scandal of the last few years — turns up only four results, none by the Wall Street Journal, which broke the story of the company’s fraudulent technology. Rivera told BuzzFeed News that the decision not to cover the Journal’s reporting on Theranos was because the site doesn’t follow medical technology (or other niche tech spheres like space or food tech).

When I asked if he views himself as a journalist, Rivera seemed uninterested in the classification. “I guess not? I mean, I don’t care. It’s just a definition,” he said. “It’s a purely semantic thing. We do journalistic things and I edit the editors, so…sort of?”

“When I care deeply, I try to bend the debate. And I usually succeed.”

It felt like a genuine answer, but still, that casual and self-effacing attitude can serve to play down the burden of responsibility that comes with running a site that decision-makers in key companies read every day. For example, when asked in 2014 about traffic by Business Insider, Rivera told the site, “Monthly uniques are a particularly bad stat for aggregators like Techmeme.” That’s not untrue; Techmeme’s reach extends beyond homepage views — but it&039;s also a convenient way of dodging the question.

And after all, though Techmeme’s team of editors does discuss and vote on controversial coverage decisions, Rivera admits he often has final say. “When I care deeply, I try to bend the debate,” he said. “And I usually succeed.”

I asked to meet Rivera mostly out of my own intensely conflicted relationship with his website. For years now, I’ve bemoaned Techmeme’s leaderboard system, which ranks journalists both by presence (how frequently they&039;re featured on Techmeme) and leadership (how frequently they&039;re linked to in other tech posts). During tech’s gadget blogging heyday, Techmeme’s leaderboards often sparked an exhausting competition among publications scrambling to be first with a press release microscoop or unboxing video. Those days are now largely over, though Rivera notes that occasionally reporters will squabble on Twitter over which story deserved to be picked up by Techmeme, much to his delight. (“That’s really fun — I love when that happens.”) But Techmeme still plays a singular role in spurring journalists to chase a particular type of content: inside-industry scooplets — executive shuffles, product updates — that might matter more to venture capitalists and CEOs than the millions of civilian tech consumers.

Techmeme&039;s leaderboards.

In a 2011, Siegler published a post arguing that “tech blogging is a game” with only three key elements “that matter: pageviews, scoops, and Techmeme.” He continued, “Techmeme is the most fascinating game. Everyone in the industry reads the site, and all serious tech bloggers know where they stand on the Leaderboard.” “I think Techmeme was absolutely an enabler of that inconsequential blogging crap, which I suppose is the bad part of being around so long,” said Brown.

Techmeme still plays a singular role in spurring journalists to chase a particular type of content.

As tech coverage has moved away from gadget reporting and more toward the business and culture of the industry, the leaderboard pandering has faded some, but the site’s influence remains in the back of the minds of reporters and editors. “Techmeme has an influential audience, and so I’ve always felt like being featured there was a nice validation that you’d contributed something meaningful,” Casey Newton, the Silicon Valley editor at The Verge, told BuzzFeed News. “I don’t write stories to get on Techmeme — I write stories because they’re news. But I’m always glad whenever Techmeme’s editors feature my stuff.”

Looking at Techmeme’s leaderboard and its top 30 publishers, it’s clear that the site tends to favor insidery blogs, many of which feature high-volume work like product announcements and updates over in-depth reporting and analysis. TechCrunch, a trade publication long known as a home for near-comprehensive, bloggy coverage of tech, has been at the top of Techmeme’s leaderboard since the aggregator’s earliest days. The two publications have something of a personal history together. Rivera rented a room from TechCrunch founder Mike Arrington shortly after Techmeme launched. Rivera also dated a TechCrunch writer, Alexia Tsotsis, who in 2012 became the site’s co-editor.

Rivera, for his part, disputed the idea that these personal relationships even hint at a possible conflict of interest. While he conceded that TechCrunch&039;s Arrington-authored early coverage of Techmeme “definitely helped” raise the site&039;s visibility, he argued that it was tech enthusiast Robert Scoble that put it on the map in 2005 with a few favorable blog posts. “We don&039;t give preferential treatment to publications,” he said.

Techmeme&039;s front page as of this writing.

After our lunch, in a stark conference room in BuzzFeed’s San Francisco bureau, Rivera opened his laptop to check on the site. Toggling between a Slack chat and the window where Techmeme’s software routinely crawls over 11,000 sites and blogs, Rivera sifted through a cascade of tips before turning his attention to the site’s innards and the tools editors use to rank stories. “Ugh, we really need to work on design,” he sighed. “But I guess, in a way, that’s kind of who we are.”

Rivera seems to be one of the few people in Silicon Valley unconcerned with scale.

Staring at the guts of his decade-old creation, Rivera seems to be one of the few people in Silicon Valley unconcerned with scale. And it&039;s somewhat refreshing or reassuring. Or both. Unencumbered by growth metrics, Techmeme has so far succeeded while shirking pretty much all the trappings of modern publishing. It&039;s not incentivized to post original work or to post the work of others in volume, or even to prod readers into clicking through to the stories it aggregates. And you won&039;t find it seeking eyeballs on Snapchat Discover or experimenting with live video on Facebook. In that sense, Techmeme is less a publication or “portal” than it is a daily ledger, and Rivera its scrivener — a guy turning out a steady and deadpan accounting of the daily life of a flashy, fast-moving industry. It suits Rivera just fine.

Quelle: <a href="Meet The Man Whose Site Mark Zuckerberg Reads Every Day“>BuzzFeed

Chance The Rapper Reveals Details Of His Apple Music Deal To Defend His Indie Cred

Chance The Rapper Reveals Details Of His Apple Music Deal To Defend His Indie Cred

Chance the Rapper celebrates as he accepts the Grammy for Best Rap Album for “Coloring Book.”

Lucy Nicholson / Reuters

Chance the Rapper, the artist who recently won a historic Grammy for his online mixtape “Coloring Book,” took to Twitter today to respond to growing skepticism over his status as an independent artist.

Chance has publicly championed his freedom from record labels throughout his career, and he hasn&;t signed to a label to date. But there&039;s been a rising tide of questions and criticisms (The Village Voice, the Ringer, Fact Magazine) about his growing stardom and his choice to temporarily make “Coloring Book” an Apple Music exclusive for two weeks, despite claiming that it was free.

Reality TV personality and rapper Joe Budden debated Chance&039;s independence just yesterday on his podcast, “I&039;ll Name This Podcast Later.” Chance previously made all his music available for free online, so his decision to sell exclusive streaming rights over his music to a major corporation (even if for a limited time) jarred some of his fans.

You can listen to the conversation about Chance in this clip posted to YouTube:

youtube.com

Some people on Twitter were also unconvinced about exactly how ~independent~ Chance might be:

Apple Music struck a similar deal with Frank Ocean for his album Blonde, which also debuted in 2016 exclusively on Apple Music.

But others pointed out that Apple Music isn&039;t a label and therefore doesn&039;t own the rights to the rapper&039;s music.

According to sources within the company, Apple only worked with Chance as a distribution and marketing partner, so it doesn&039;t own the rights to any of his music.

In an interview with Complex Magazine released March 13, Chance talked about the creative importance of being independent from major labels.

“I don&039;t mean do it by yourself, like literally, like, &039;I&039;m doing everything,&039;” he said. “You can bring on your friends and professionals that you know and build a business where you&039;re the upper management. Where you&039;re the creative, and you are the last decision maker, and you don&039;t ever have to feel compromised…But [when] you sign to label, you get a boss, and that shit&039;s just fucked up to me. Why should you have a boss?”

Chance the Rapper&039;s publicist did not immediately respond to request for comment.

Quelle: <a href="Chance The Rapper Reveals Details Of His Apple Music Deal To Defend His Indie Cred“>BuzzFeed

Facebook Marketplace Kinda Sucks

You probably have noticed a strange abomination in your Facebook mobile app recently. On the bottom row of buttons, right next to the Notifications button, there’s a cute little shop awning icon. Errantly tap into it and you&;re instantly transported to the most depressive bazaar of Shit. Welcome to Marketplace. It sucks.

Marketplace launched this October, and it’s basically Craigslist lite. Facebook doesn’t even make any money from it — no cut from sales or payment processing. As far as a piece of technology, it’s not particularly exciting.

Plenty of social good comes from selling used stuff — it’s environmentally friendly, and hey, cheap&; I fully appreciate that buying and selling used stuff is incredibly worthy and valuable. It’s just that Marketplace is a crap feature for Facebook.

You can totally imagine how Marketplace seemed like a great idea on paper. There were already tons of buy/sell/trade groups springing up organically — according to Facebook, 450 million people a month visited a buy/sell group before Marketplace launched. Some of these are location-based; some are interest-based, like this group where furries trade and sell fursuits. Buying and selling your old junk is as old as time: Yard sales, penny-saver circulars, and even AM radio swap shows known as “tradio” all existed as peer-to-peer networks for selling used shit long before the two dominant used-shit sites, Craigslist and eBay, came around.

But eBay involves the hassle of shipping, and Craigslist has a reputation for stranger danger. Facebook Marketplace offers a solution: You can see the Facebook profile of the buyer/seller, so you don’t have to worry about some creepy perv or a scammer. Plus, it harnesses the power of everything Facebook knows about you (age, gender, interests) to tailor the main feed of products for sale right to you. Great, right?

And yet somehow Marketplace manages to be not quite as whimsical as Craigslist, less thorough than eBay, and kind of just, well, depressing. It’s the technology equivalent of a bundle of unworn corporate fun run T-shirts at Goodwill.

For example, one day I saw a Ikea Bjursta dining table for $99 (retails at $149 new, so this is a bad deal) and a very ugly 60-piece set of ’70s-looking dishware for $125 (I could see the seller had tried to list this a few times; no one wants it). Outdated video game systems, used cat carriers, Uggs, baby clothes, baby strollers, baby bouncers. A used yoga mat (ew) for $5.

The vibe is definitely more “I need to get rid of this crap” than great finds. This is shit you do not want. I mean, maybe you do, I don’t know your tastes. But probably you don’t want it.

One thing Marketplace reveals is that left to ourselves, we’re terrible free market capitalists. Sellers aren’t coming up with a price based on competition, partly because there’s not enough stuff on there to actually compete with. So what you get is people just making up a price based on what they think it should be, and somehow a whole lot of people think a 25% discount on the retail price for a year-old used Ikea dresser is reasonable. Buddy, let me tell you something: When you drive that Malm off the lot, you lose 50% right there.

What you also see is a poor sense of “what will someone drive over to my house in person to pick up?” Inexpensive goods, like a $10 sweater, are better suited to thrift store shopping, and not worth schlepping to someone else’s house to pick up. But not everyone realizes this.

Marketplace’s prominent position on the app

Here’s what’s truly baffling about it: its placement on the Facebook app. The Marketplace tab occupies the most primo real estate, right in the bottom center, between the Notifications and Video buttons.

Think about how often you actually buy or sell something on Craigslist. Maybe only when you’re moving, or looking for something specific. But how many times a day do you open the Facebook app? Lots&033; You’re not looking to shop for used couches or cars every time you open Facebook.

Marketplace is much more hidden on the website version of Facebook. It’s tucked into the sidebar options, but hidden down where you have to click to see the full list.

Facebook did not provide a reason for why Marketplace is positioned so prominently on the app, and said that the app design changes all the time, which is true (remember when the Messenger button was on the bottom?).

A reasonable explanation here is that Marketplace is brand-new, and the only way it will become truly useful is if there’s a critical mass of people buying and selling on there. So by putting it right in front of so many people, it will raise awareness of the feature enough to get it up and running with lots of stuff to buy. Then, they can move it somewhere less noticeable, but people will know that Marketplace is a good place to sell that used guitar. I’ve been checking out Marketplace almost daily since it launched, and I can confirm that from what I can see, there’s definitely lots more stuff available in lots more categories.

A place for strangers

Perhaps the weirdest element of Marketplace is that it offers something completely different than the core Facebook experience: You see strangers. Normally, you’re only ever seeing people you know, or perhaps friends of friends tagged in a photo or post. Aside from Groups (which is where all the fun is at, trust me), Facebook doesn’t give you much opportunity to ever see strangers.

As more people use it, Marketplace will undoubtedly get better. And a lot of its problems — crappy merchandise, bad pricing — are exactly the same on Craigslist or similar sites. And I can’t complain too much myself: Last weekend I finally wall-mounted my TV and posted my used hideous Ikea TV stand on there for $10. Someone responded right away.

Quelle: <a href="Facebook Marketplace Kinda Sucks“>BuzzFeed

Does This Biotech CEO Have A PhD? The Answer Is No. But He Did Leave School Under A Cloud

Freenome CEO and cofounder Gabriel Otte.

Courtesy / Freenome

You could be forgiven for thinking that Gabriel Otte, the CEO and cofounder of a well-funded biotech startup called Freenome, holds a PhD. Articles, conference programs, and other websites identify him as a PhD. Freenome’s website even identified him as “Gabriel Otte, PhD” — that is, until BuzzFeed News began asking questions about his degree, and the honorific disappeared last week. But he does not have a PhD.

Like many startup founders in Silicon Valley, Otte dropped out of school. In his case, he left a PhD at the University of Pennsylvania and started Freenome, which is creating a blood test for early-stage cancer.

Moreover, Otte’s departure from school was not amicable, BuzzFeed News has learned. In fact, he left under a cloud after a professor says she raised questions about some of his research.

“There were many issues about Gabe’s work in the lab and Gabe leaving,” said his former adviser, Shelley Berger, director of UPenn’s Epigenetics Institute and a professor at its medical school, when reached for comment.

Asked about the circumstances under which he left UPenn, Otte said in an interview this week, “It’s a very sensitive subject for me. I do not want to discuss that.”

From September 2011 to October 2014, Otte was a graduate student in the Genomics and Computational Biology group, according to university spokesperson Katherine Baillie. His research there does not seem related to what Freenome is now developing: a test to catch cancer before patients know they’re sick, based on telltale bits of DNA in a blood sample, instead of a more conventional, costly, and invasive tissue sample.

Based in South San Francisco, California, Freenome says it has started testing its screening method in clinical trials on patients’ samples, and has partnered with Massachusetts General Hospital, UC San Francisco, and other medical centers. It has not published any data in a peer-reviewed journal.

Otte and his cofounder Riley Ennis, both of whom made Forbes“30 Under 30” list this year, are in a fierce race against Grail, a rival that just raised almost $1 billion.

“There were many issues about Gabe’s work in the lab and Gabe leaving.”

Earlier this month, Freenome raised $65 million in a round led by Andreessen Horowitz. The powerhouse venture-capital firm (and BuzzFeed investor) also led a $5.5 million seed round in Freenome last year. Other high-profile backers include Eric Schmidt’s Innovation Endeavors, Peter Thiel’s Founders Fund, Polaris Partners, and GV, Alphabet’s venture arm. BuzzFeed News reported that the startup was worth about $210 million after the latest round (Freenome declined to comment).

The biotech company’s backers say they know that Otte’s degree is incomplete. Documents that Freenome provided to investors while raising money, and that investors in turn shared with BuzzFeed News, list Otte’s degree as unfinished.

“From the day we first met Gabe, he has been incredibly upfront about the fact that he doesn’t have a PhD and left Penn before finishing his PhD work,” said Vijay Pande, general partner at Andreessen Horowitz and Freenome board member. “Separately, we have done our own due diligence on Gabe and the technical details of the work he’s doing at Freenome and we’re thrilled to be one of his investors.”

Erin Gleason, a Founders Fund spokesperson, said, “Gabe did not misrepresent his background to our team, and his academic credentials had no bearing on our investment in Freenome.” “Gabe was always clear with GV that although he had done PhD work at Penn, he did not complete his PhD,” said Blake Byers, a general partner at GV. “This wasn’t an issue for us, as it’s not uncommon for grad students to drop out of school to start companies.” Luke Lee, principal at Asset Management Ventures, said, “We knew that he was enrolled in a PhD program at Penn and he eventually chose to leave and we understood that.”

Otte says he has always been clear about his academic history. “I am very open about speaking about the fact that I did work on a PhD,” the 28-year-old said. “I don’t claim I’ve ever completed one.”

Human cells with acute myelocytic leukemia

Dr. Lance Liotta Laboratory / Via visualsonline.cancer.gov

But interviews and other publicly available online information could be reasonably interpreted to mean that Otte has a PhD. The CEO says that these instances are misunderstandings.

On why Freenome’s website identified him as a PhD, then removed the reference: “To the extent that I’m aware, it did not. I do think there was a refresh of the website that we were performing and there could have been a typo.”

In an interview with Fast Company last year, he said, “And my PhD is in genomics.” (“I believe what I actually said was ‘PhD work was in genomics,’” he told BuzzFeed News.) His biography reads: “While working on his Ph.D. in computational biology at the University of Pennsylvania, he published several papers on applications of machine learning on large genomics datasets and other big data.” (Asked if he thought this sentence implied he had a PhD, Otte said, “Not at all.”) A conference identified him, a speaker, as a PhD on its website. (“I don’t know what they listed me as.”) So did a few other conferences. And Fortune described him as “a Ph.D. in computational biology.” (Otte did not respond when asked for comment about these references.)

On March 3, BuzzFeed News emailed Freenome’s public relations agency to ask if Otte had finished a PhD. A Freenome spokesperson responded: “Yes he did, he received his PhD in computational biology from UPenn.” (Otte later said, “They put a bio together and it was not a bio that I had personally written, but it’s something I should have been more careful about.”)

After answering questions on the phone with BuzzFeed News, Otte later issued a statement in which he pledged to be more careful. “I was working towards a PhD, but did not receive a PhD,” he said. “It’s an important distinction and one where I haven’t been careful enough to ensure that it is correctly reflected in public information attached to me. This is inexcusable. I need to do a better job of this and will correct errors that exist in the public today and any moving forward.”

He added, “My advisors and investors understand I don’t have a PhD. But they also understand and support the work we’re doing at Freenome (and how we are doing it) and have made independent assessments of what they’re investing in and why.”

A tech conference identified speaker Gabriel Otte as a PhD.

BuzzFeed News / Via events.cbinsights.com

At UPenn, Otte joined Berger’s lab in 2012, she said. He co-authored five papers published from 2013 to 2016. Those papers, which were about biological mechanisms that control gene activity, are sound, and his work on them appears to be unrelated to Freenome’s publicly stated objective of finding cancer-relevant mutations in blood drawn from patients, Berger said.

But Berger did have concerns about research of his that was never published. “In one instance, Gabe reported experimental results to me for which the primary physical data could not be found and hence, in my opinion, the information was unpublishable and hence not submitted to any journal,” she said when contacted by BuzzFeed News.

An anonymous UPenn-affiliated source confirmed this account. According to a person familiar with Otte’s time in the lab, someone then conducted a search for his primary data, but came up empty.

Otte said, “I’m not going to speak about that incident around my leaving Penn.”

“From the day we first met Gabe, he has been incredibly upfront about the fact that he doesn’t have a PhD.”

“I do know there was some issue with his adviser in terms of the authenticity of data and there were claims going in both directions,” said a person familiar with how the company presented itself to investors.

Another investor said that Otte had been consistently honest about not having a PhD. “His and his team’s work at Freenome has been independently validated by academic and industry experts, and we believe that it can transform cancer care and save countless lives,” said Matt Ocko, managing partner at Data Collective.

Otte was a PhD student at UPenn, according to Baillie, the university spokesperson, but appears to have presented himself at times as working toward a medical degree as well as his PhD. According to five alumni, all of whom requested anonymity due to the sensitivity of the situation, Otte told classmates he was earning both degrees. “He was able to convince a few faculty members he was an MD student,” one alum said. (“I think they must have misheard then,” Otte said.)

A 2013 church newsletter identified him as an MD/PhD student. And the website of Acorn, a three-person startup that Otte used to run, described him as having “received his MD/PhD from the University of Pennsylvania.”

“I didn’t develop that site, so I don’t know,” Otte said. While he said he did consider joining the program, “I didn’t have an MD/PhD from Penn, that’s for sure.”

A screenshot of the former website for Acorn, Gabriel Otte&;s ex-social media app, says Otte “received his MD/PhD from the University of Pennsylvania.”

BuzzFeed News

Otte left UPenn in October 2014. He had spent the summer at a tech startup accelerator in New York City, working on Acorn, a location-based social media app, with his younger brother, according to several media accounts. (Otte declined to comment on this subject.)

Soon after, they moved to Northern California and abandoned Acorn, and Otte cofounded Freenome. In November 2014, he said he was taking a break from school. “I was actually almost kicked out of my program because starting a company violated my PhD contract,” he said in an interview with a blogger at Cornell University, his undergraduate alma mater, when asked about Acorn. “Thankfully, it was worked out in the end and I’m currently on a leave of absence.” (Otte declined to comment on this remark.)

Otte has said he started a biotech company out of a disillusionment with academia, fostered at UPenn. “I looked at my paper and realized that it was not going to amount to very much in terms of helping human health,” he told the Silicon Valley Business Journal. And it was a lack of resources that drove him out of Philadelphia. “When I asked Penn, where I had connections, for help, they just basically shut us down,” he said. “They said these are valuable samples and you are just a rinky dink startup.”

Otte is now leading one of Silicon Valley’s hottest biotech startups, working on a screening method that’s a self-described “combination of machine learning, biology and computer science.”

If proven accurate and reliable, Otte says it could be “a catch-all, first line of defense you might be able to take, as easy as doing a yearly physical.”

If you have information or tips, you can contact this reporter over the encrypted chat service Signal at (415) 322-8701. You can also find our SecureDrop information here.


LINK: This Startup Wants To Catch Cancer In Its Early Days

Quelle: <a href="Does This Biotech CEO Have A PhD? The Answer Is No. But He Did Leave School Under A Cloud“>BuzzFeed

Twitter Troll Arrested For Allegedly Tweeting Seizure-Inducing Strobe GIF At Journalist

Kurt Eichenwald

Twitter

A Twitter troll who allegedly tried to cause Newsweek writer Kurt Eichenwald to have a seizure by tweeting a strobing graphic at him has been arrested by the FBI on federal charges, the journalist announced Friday.

The Dallas FBI office confirmed to the Verge that a suspect had been arrested. Eichenwald’s lawyer, Steven Lieberman, told Newsweek that agents arrested the suspect at his home in Salisbury, Maryland, on Friday morning.

The suspect, who was not immediately identified, is expected to appear in Baltimore federal court on Friday afternoon.

BuzzFeed News reached out to the FBI, which is expected to release more information on the case later in the day.

On Dec. 15, Twitter user @jew_goldstein tweeted at Eichenwald, who has previously written about being epileptic, a strobing GIF with text reading: “You deserve a seizure for your posts.”

The tweet has since been deleted and the @jew_goldstein account was suspended.

Good Morning America

Eichenwald’s wife responded on Twitter from his account that the strobing image had caused a seizure and they had alerted police.

In an interview with Good Morning America, Eichenwald said other Twitter users followed suit, sending him strobing GIFs.

“I can&;t look at my Twitter feed anymore,” Eichenwald said on GMA. “Apparently, a lot of people find this very funny. A lot of people who identify themselves as Trump supporters are loading up my feed with more strobes.”

On Friday, Eichenwald tweeted that more than 40 people tweeted strobing images at him after they learned they could induce seizures.

Quelle: <a href="Twitter Troll Arrested For Allegedly Tweeting Seizure-Inducing Strobe GIF At Journalist“>BuzzFeed

Monopoly Is Ditching Its Thimble For A T-Rex Token

In the most gripping display of democracy since the 2016 election, Monopoly fans have elected a T-Rex, a rubber ducky, and a penguin to the canon of the game&;s classic tokens.

Five of the old tokens — the top hat, the race car, the battleship, Scottie the schnauzer, and the cat — are staying. The thimble, the boot, and the wheelbarrow didn&039;t make the cut, and a T-Rex, rubber ducky, and penguin will replace them in the version of Monopoly that will start hitting shelves in August 2017. The five returning tokens will maintain the same designs as before, and gameplay will not change.

Fans picked the eight pieces from 64 possible choices in an online poll run by Hasbro, which owns Monopoly. Options included digital symbols like a , a winking emoji, or a Facebook-esque thumbs up. Other tokens included old-school versions of current technology like a typewriter and rotary phone.

BuzzFeed News recently conducted its own informal poll of which millennial Monopoly piece people would choose from the 64 options: a Major Key, a hashtag, a winky face emoji, a thumbs up/Like button, a computer, a kissy face emoji, a classic smiley face, or a Rich Uncle Pennybags emoji. The computer far outstripped any competitors, garnering above a million votes, far outpacing the number of votes that Scottie the dog received in Hasbro&039;s poll. The next highest-voted token in BuzzFeed&039;s poll, the Major Key, received about 140,000.

These were all the choices

These were all the choices

Hasbro

Hasbro previously told BuzzFeed News that it culled the options from pop culture, previous versions of Monopoly, and the fictional life of Mr. Monopoly (think luxury: a helicopter, a money clip, a fancy watch).

The penguin, newly elected to the canon, was revived as a choice after making an appearance in Monopoly Here & Now: The World Edition in 2012 and 2013.

Here&039;s a breakdown of the vote

The eight tokens highlighted in blue below are Monopoly&039;s classic tokens. After nearly 60 years as part of the game, Scottie the Schnauzer is still king and received the most votes of any token. The T-Rex was the most popular new token, coming in with the second-highest number of votes. The poll ran from January 10 to 31, and Hasbro tallied 4.3 million votes in total.

Hasbro

Jonathan Berkowitz, senior vice president of marketing for Hasbro Gaming, told BuzzFeed News, “We didn&039;t know what to expect. We were all happy that Scottie was saved, and the t-rex&039;s popularity was surprising. My personal favorites were the rubber duck and the emojis.” Berkowitz also said that when the poll began, he was looking forward to finding out which pieces did not resonate with fans.

In a similar Hasbro poll in 2013, fans voted the cat token (sixth most popular in the most recent poll) into the game and dumped the iron token. The company said it decided to open up a vote on all the tokens in 2017 because of the high number of fans who participated in previous polls.

Quelle: <a href="Monopoly Is Ditching Its Thimble For A T-Rex Token“>BuzzFeed

Palantir Blocked Its Investors From Selling Their Shares, Lawsuit Claims

Palantir CEO Alex Karp at Trump Tower.

Andrew Kelly / Reuters

Palantir Technologies, one of the most valuable startups in Silicon Valley, has deprived investors of basic information about its business and repeatedly hindered efforts by investors to sell their shares, according to a blistering lawsuit filed by a longtime investor.

In addition to keeping at least some shareholders in the dark about its financial performance, Palantir has “engaged in a pattern and practice” of attempting to thwart their attempts to sell stock, according to the lawsuit, filed by investment firm KT4 Partners. Instead of letting these investors sell shares, Palantir has steered their sale opportunities to itself or its executives, while showering a favored brokerage firm with commissions even when the firm does no work at all, the lawsuit claims.

KT4 Partners first bought Palantir shares over a decade ago and is seeking to compel Palantir to hand over financial records, which it says are needed to understand the value of its investment. Further, KT4 claims it needs this information to investigate whether Palantir or its executives have engaged in “improper and illegal conduct” to harm minority shareholders. The lawsuit was filed under seal last week in the Delaware Court of Chancery; a partially redacted version was released on Monday and is reported here for the first time.

Palantir, in an emailed statement, referred to an earlier lawsuit that it filed against Marc Abramowitz, the managing member of KT4, claiming he stole Palantir’s intellectual property (a claim KT4 says is “meritless”).

“This lawsuit is nothing more than a blatant attempt to distract from Mr. Abramowitz’s unlawful and egregious theft of our intellectual property,” Lisa Gordon, a Palantir spokesperson, said in the statement. “His allegations are without merit and needless to say, Palantir will continue to aggressively pursue its existing legal action against him.”

Co-founded in 2004 by the billionaire Peter Thiel, who is now advising President Donald Trump, Palantir analyzes data for government agencies and major corporations. It has a $20 billion valuation, making it the third most highly valued startup in Silicon Valley, behind only Uber and Airbnb. Yet Palantir — whose stock changes hands only through private trades — goes to great lengths to keep any detailed information about its business private. A report by BuzzFeed News last year gave an unprecedented, though limited, account of its commercial operations.

The lawsuit, a highly unusual step for a startup investor, follows efforts by KT4 to obtain business information through other means. KT4 made a written demand last August to inspect Palantir&;s books and records, the lawsuit says. But then, according to the lawsuit, Palantir retroactively amended its investors&039; rights agreement “for the sole and express purpose” of avoiding disclosure obligations.

In September, Palantir filed its lawsuit against Abramowitz — which, according to KT4, has the “true purpose” of preventing disclosure of information and intimidating the investor. Palantir, in the lawsuit, described Abramowitz as a onetime confidant to Palantir executives who betrayed their trust.

Palantir is under increasing pressure from its shareholders, a number of whom have held its stock for a decade or more and are anxiously awaiting a payday. Former employees, who received a major part of their pay in stock options, have struggled to cash out, despite limited share purchase offers arranged by the company. Last fall, in a reversal of his longtime refusal to pursue an IPO, Palantir CEO Alex Karp said at a tech conference, “We’re now positioning the company so we could go public.”

This statement by Karp has a previously undisclosed backstory, according to the lawsuit: KT4 says it came after a formal request by the investor for information on whether Palantir had considered an IPO.

KT4 says its stake in Palantir is worth over $60 million — a significant sum by many measures, but small in the context of Palantir, which has raised more than $2 billion from investors. When KT4 tried to sell portions of its stake, Palantir repeatedly interfered, the lawsuit claims. Palantir, following a common practice in Silicon Valley, requires that any sellers of its stock seek the company&039;s approval for the transaction; companies do this to limit and manage ownership of their shares.

But remarkably, KT4 claims that when Palantir receives information from an investor about a planned sale, it uses that information to contact the buyer and persuade them instead to buy shares directly from the company or from certain Palantir insiders. One particular broker, Disruptive Technology Advisers, or DTA, repeatedly gets commissions from these sales, even when it “performed no legitimate work,” KT4 claims.

KT4 says it experienced interference by Palantir when it tried to sell shares to Highbridge Capital Management, a hedge fund that was owned by JPMorgan Chase, in May 2015. After KT4 notified Palantir of the planned sale, Palantir turned around and instructed DTA to “take the opportunity, on Palantir&039;s behalf,” and arrange a sale from Palantir to Highbridge instead, according to the lawsuit.

But when Alex Fishman, a founder of DTA, met with a senior managing director at Highbridge, the hedge fund executive said he would not break his deal with KT4, telling Fishman to leave his office, according to the lawsuit. The situation escalated when Karp, the Palantir CEO, learned of Highbridge’s affiliation with JPMorgan — a very important customer of Palantir&039;s — and that the bank&039;s CEO, Jamie Dimon, “would be asked to contact Karp directly to express displeasure” at these tactics, the lawsuit says. Karp then allegedly let the sale by KT4 go through.

Later, in December 2015, Palantir and DTA had more success in impeding a sale of shares by KT4 and other investors to a Chinese investment company, whose name is redacted in the document, the lawsuit says. DTA, representing Palantir, contacted the buyer and led it to believe that it was required to buy the shares directly from Palantir, ultimately leading the buyer to call off the deal with KT4 and the others.

Until KT4 made its recent demand for financial information, Palantir refused to provide financial information to buyers of its shares except through DTA — forcing buyers and sellers to do business with that firm or with Fishman, the lawsuit says.

Even when DTA was not involved in a deal, it still could get paid, according to KT4. Last summer, when UBS Securities was brokering a sale of Palantir shares, Karp demanded that UBS pay 25 cents a share to Fishman and DTA, even though DTA “had performed no work on the transaction” — and UBS agreed to make the payment, the lawsuit says. (KT4 says it learned this from a UBS managing director.)

Fishman and Alex Davis, the other DTA founder, recently “enjoyed a very close relationship” with Karp, according to the lawsuit. (According to Fishman&039;s LinkedIn profile, he sold his half of DTA to Davis last week and no longer works there.)

Emails sent to Fishman and Davis were not immediately returned. Spokespeople for JPMorgan and UBS also did not immediately respond to requests for comment.

Even as it blocks sales by smaller investors, Palantir has allowed Karp and Thiel to sell shares, according to the lawsuit. KT4 claims that these sales fly in the face of rights it has as an investor to participate in such transactions.

In addition to business data, KT4 says it is seeking information about the compensation and equity grants given to Palantir brass, to determine whether the company is spending on “lavish expenses” that serve no corporate purpose. KT4 says it has learned that Karp, the CEO, has “an unreasonably large number of executive assistants,” known inside Palantir as “Team Karp.”

In addition, KT4 claims it has learned that Palantir pays for someone or something — this part is, tantalizingly, redacted — to accompany Karp in the United States.

“There is no reason such [redacted]&; would be necessary or serve a valid corporate purpose,” the lawsuit says.

Quelle: <a href="Palantir Blocked Its Investors From Selling Their Shares, Lawsuit Claims“>BuzzFeed