Hashtag Trending: Yahoo makes $50m breach payout; Mozilla to match Tor Project donations; Algorithm portrait to be auctioned

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Up first on LinkedIn, Yahoo has agreed to pay $50 million in damages to the 200 million people who were affected by the security breach in 2013 and 2014. The breach led to stolen information and it wasn’t disclosed until 2016. Yahoo then negotiated a $4.8 billion sale of its digital services to Verizon Communications, who will pay half of the settlement cost. The rest will be paid off by Altaba, the company handling Yahoo’s Asian investments.

Next up on Reddit, Firefox’s Mozilla is committing to match all donations made to fund Tor, the open source initiative to improve online privacy. The latest collaboration is part of the fund’s yearly roundup of crowdfunded donations. Last year the initiative raised $400,000 from a similar campaign. The project began getting crowdfunded donations since 2015 to be less reliant on government grants. Tor has provided product offerings and is known to be used by NSA whistleblower Edward Snowden. Around two million people are estimated to use Tor.

Finally trending on Twitter, a portrait created by an algorithm is going to be auctioned off at Christie’s, the auction house in the U.K. It will be the first time that an artwork was auctioned off created by artificial intelligence. Paris-based art collective, Obvious, created the portrait called Portrait of Edmond de Belamy, by using an algorithm that analyzed a data set of 15,000 portraits to create the image. Reports say the image can fetch between $7,000 and $10,000. Now that’s a lot of money for an AI portrait.

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Jim Love, Chief Content Officer, IT World Canada

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Shruti Shekar
Shruti Shekar
Shruti Shekar is a video producer and reporter for IT World Canada. She was formerly a political reporter at The Hill Times and was based in Ottawa. Her beats included political culture, lobbying, telecom and technology, and the diplomatic community. She was also was the editor of The Lobby Monitor, and a reporter at The Wire Report; two trade publications that are part of The Hill Times. She received a MA in journalism from Western University and a double BA honours in communication studies and human rights from Carleton University. She was born in India, grew up mostly in Singapore and currently resides in Canada.

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