A distributed denial of service (DDoS) attack paralyzed Rutgers University’s computer network Monday for the morning and early afternoon. The alleged hacker taunted the school on social media sites, according to nj.com, a New Jersey news site. The hacker claimed he or she was being paid $500 an hour in bitcoin by someone with a grudge against the school, which has invested $3 million in cybersecurity after suffering from previous attacks. The school has reportedly raised its tuition to improve cybersecurity.
By Monday afternoon, Rutgers’ websites and internet access appeared to be returning to [...]
When fired from Reddit, the world’s first cryptocurrency engineer at a large corporation, Ryan Charles, hadn’t seen it coming.
“I was shocked. Perhaps, I shouldn’t have been shocked in hindsight. It was obvious that my project was not going to work after some changes at Reddit, but only in hindsight,” Charles tells Hacked. He concluded he needed to leverage the newsworthiness of his firing to ensure he could continue earning an income, as he had no backup plan.
“Since it was newsworthy it led a whole bunch of people to reach out to me, which opened up new opportunities for me,” he said. “I deliberately talked about it in public to make sure I met a lot of people.” The [...]
Reddit has karma. Facebook has “likes” and “shares.” Twitter has “retweets” and “favorites” and “followers.” YouTube has a subscription count.
Those mentioned above are all versions of “social capital,” or, “the expected collective or economic benefits derived from the preferential treatment and cooperation between individuals and groups.” (Source.) On these networks, it doesn’t always amount to much usefulness. Highly trafficked Facebook users and YouTube video bloggers can potentially monetize their efforts, and a viral tweet can be life-changing.
Never before could 140 [...]
Reddit is in revolt to protest the termination of Victoria Taylor, the site’s director of talent who managed the popular “Ask Me Anything” (AMA) sessions that have included President Obama and other celebrities, Wired reported a few days ago. Hundreds of subreddits have been shut down by angered moderators. In other subreddits, users demand the creation of decentralized alternatives to Reddit, governed by the crowd of users instead of a centralized authority.