Viral media company, BuzzFeed, has just secured themselves their fifth round of funding, to the tune of a whopping $50 million.
The news media website, that was founded in 2006, has grown to be one of the world’s leading news and entertainment websites – steadily covering more news worthy subjects than simply posting cat videos and pop culture memes.
Andreessen Horowitz, a venture capital firm based in Silicon Valley, is the latest investor to jump aboard the BuzzFeed train. Co-founder, Marc Andreessen, announced the investment on Twitter this morning.
Starting off by saying that he was ‘tickled pink’ to announce the investment in BuzzFeed, he then continued saying that him and his company would like to help BuzzFeed “realize it’s dreams of a profoundly important new media institution.”
But just what is BuzzFeed going to do with their $50 million investment? Well, according to a New York Times interview with BuzzFeed Editor-in-Chief, Ben Smith, the main goal looks to be expansion.
The company plans on opening more offices outside of the US. They are currently looking at expanding to Japan, India, Germany and Mexico.
Along with opening new offices around the globe, Smith also said that this new investment will be used to fund an in-house tech incubator, create new categories on the BuzzFeed website and also help fund acquisitions.
The company is also planning to launch something called BuzzFeed Distributed. This division will mainly focus on creating content for other platforms including Tumblr and Instagram – rather than just the BuzzFeed site. (more…)
With the ongoing attacks on unarmed Palestinians and civilians in the Gaza strip, Israel is launching a full fledged war in Gaza that has already claimed the lives of thousands of men, women and children. And now it seems that the attacks have entered the cyber-realm, too.
While thousands of people on various social media sites have tweeted and expressed their support of Palestine with the hashtag, #FreePalestine, one group that is in the Palestinian corner can have a way bigger impact in the situation than just sending a supportive tweet.
The international hacking organization (or Hacktivists as they like to be called) Anonymous, has launched a scathing cyber-attack on Israeli governmental and military websites.
The attack is being done in protest against Israel’s bombings, shootings and attacks on Palestinians and the entire situation in Gaza. The group, which has been involved in various huge-scale cyber attacks in the last year or two, launched the attack on hundreds of Israeli government websites over the past week.
The group has successfully brought down a number of Israeli websites, although some of them have since been brought back up again. (more…)
The internet is as big a part of our lives today as reading the newspaper was 30 years ago. Its our go-to source for literally everything and has changed and shaped the world in an unfathomable way.
While we can’t even begin to imagine our lives without the world wide web, there are a couple of surprising facts about the ol’ Net that we didn’t know – and that are actually really interesting. (more…)
Learning how to become a web developer takes time.
There is a tremendous amount of information that you need to understand before you can call yourself a web developer. Luckily there is no shortage of freely available information on the internet. I have collected a few videos that I think every web developer should watch at least once.
Boys like cars and tools and tech and girls like fashion and make up and shoes, right? Wrong. The tech industry has long been perceived to be for ‘boys only’, but a new initiative by Google is helping to change this archaic outlook.
When you think of computer coders, you primarily think of clever men in hoodies (thanks, Mark Zuckerberg) and this is partly due to the fact that it is true – computer engineers and coders are mainly male.
However, Google’s new project called ‘Made with Code’ aims at getting young girls interested in coding.
There is an inherent stigma behind coding; that is boring and only interesting for computer geeks. This is what ‘Made with Code’ is trying to abolish, by showing girls that coding is fun and that it can be used to make the things they love – from clever apps to movies.
The Made with Code launch event was held in New York City on Thursday night and was attended by hundreds of high school girls, ready to embrace the world of computer science. (more…)
South African minibus taxis will soon step up their game and become more than just graffiti-ridden boomboxes.
Yesterday, the South African National Taxi Council (SANTACO), revealed that they plan on bringing free wi-fi to taxi commuters – both en route as well as at the taxi ranks.
In an interview with Radio 702, CEO of SANTACO, Nkululeko Buthelezi, said that by implementing free wi-fi in the taxis themselves and at the taxi ranks, they (the taxi industry) are making a valuable contribution to the development of the country:
“If you walk into a taxi rank and you have access to wi-fi, they will be able to look for jobs and will be able to interact with their friends on a social basis…[sic] we believe it will contribute to the growth of the country in general, and it’s part of our contribution as the taxi industry to the development of the country,” (more…)
The UK is zeroing in on cyber attacks and malicious hackers, and has proposed some seriously harsh sentences for these online criminals.
At yesterday’s state opening of parliament, in a speech delivered by Queen Elizabeth herself, the UK government proposed a new crime bill that would see malicious hackers go to prison – for life!
The new crime bill will serve as an update for the (severely outdated), 24-year old Computer Misuse Act of 1990. According to the proposed new bill, hackers who cause ‘catastrophic’ damage, will be sentenced to life imprisonment.
As the bill states: “Cyberattacks which result in loss of life, serious illness or injury or serious damage to national security, or a significant risk thereof,”
However, the bill is also aimed at targeting those that want to steal trade secrets and those that would try to sabotage industrial targets. In this case, if the amendments to the bill are approved, “industrial espionage hackers” would be sentenced to 14 years in prison, instead of the current 10. (more…)
It seems the hackers have struck again, and this time their target was popular online auction and shopping website, eBay.
After initial concerns, and vaguely pointing towards a problem, the company officially announced yesterday in a blog post that their site has indeed come under cyber attack, and that all of eBay’s 145 million users should change all of their passwords immediately.
145 million is not a small number, so to encourage all of your users to change all of their passwords means that this attack is anything but small.
Luckily, eBay users can rest assured knowing that none of their financial information was leaked during the attack – or so the company says. According to them, credit card information is stored separately in encrypted format. (more…)