White House says a draft executive order reviewing social media companies is not “official” – TechCrunch

A draft executive order circulating around the White House “is not the result of an official White House policymaking process,” according to deputy White House press secretary, Lindsay Walters. According to a report in The Washington Post, Walters denied that White House staff had worked on a draft executive order that would require every federal agency to…

Twitter API Flaw Exposed Users Messages to Wrong Developers For Over a Year

The security and privacy issues with APIs and third-party app developers are something that’s not just Facebook is dealing with. A bug in Twitter’s API inadvertently exposed some users’ direct messages (DMs) and protected tweets to unauthorized third-party app developers who weren’t supposed to get them, Twitter disclosed in its Developer Blog on Friday. What…

Understanding Renaud Laplanche’s next Upgraded act – TechCrunch

Renaud Laplanche spent ten years building LendingClub. In the process, he created an industry from scratch. Circumventing conventional banking channels for consumer credit began in 1996 when Chris Larsen started E-LOAN, which ultimately led to Prosper Marketplace. But LendingClub, which Laplanche founded in 2007, was and remains the poster child for the business of marketplace…

The crypto fatigue is real

I’ll admit it, this prolonged cryptocurrency bear market that we’re in has got me feeling down. A year ago I was enormously bullish on everything blockchain and cryptocurrency, and I still am, but 2018 has given me a mild distaste for the whole space. The market’s continuous, slow bleed throughout the year definitely has to…

Connected transport: MOBI blockchain consortium expands with WEF, new standards groups

When the MOBI blockchain consortium was formed in May 2018 by some of the world’s biggest automakers and cutting-edge technology providers, it promised to revolutionise connected transport. With new associates coming onboard this week, including the World Economic Foundation, Chris Middleton catches up with MOBI to find out what it has achieved to date. The…