It’s been a busy week in the tech world; Liberty experienced a data breach, Mark Zuckerberg’s wealth keeps growing, coding could be coming to a school near you in SA and Twitter is gaining more traction.
Liberty Life’s data breach sends red flags across SA
Cybercrime reared its ugly head this week when financial company Liberty Life was hacked and thousands of Liberty investors’ financial details stolen. On Monday, hackers posted on Liberty’s website with the title ‘Liberty Holding Breach – Stage 1’. They revealed that 40 terabytes of data had allegedly been stolen in the hack. Liberty Life sent out text messages to its customers warning them that it had “been subjected to unauthorised access to its IT infrastructure, by an external party”. The system was back in working order by Tuesday 19 June.
Mark Zuckerberg is the third richest person in the world
Facebook co-founder Mark Zuckerberg is now the third richest person after beating Berkshire Hathaway Inc. chairman Warren Buffett. It seems the Facebook data privacy that caused the Facebook stocks to fall didn’t impact Zuckerberg too much. He is now worth $81.6 billion, gaining $8.8 billion this year. According to Bloomberg’s Billionaires Index, Amazon.com Inc. founder Jeff Bezos is the world’s richest person with a $144.8 billion fortune, and Microsoft Corp. co-founder Bill Gates is second with $92.8 billion.
Twitter is growing steadily in South Africa
Twitter is a very popular social media platform in South Africa and this has been confirmed by Barry Collins, the head of global resellers at Twitter. Last year the World Wide Worx estimated that South Africa had around 8 million Twitter users, 4% higher than the previous year. Collins said even though they do not measure individual country markets, there is a steady growth of users in South Africa and Africa. In the first quarter of 2018, Twitter monthly users grew 1.8% to 336 million.
Coding could be introduced at schools
South Africa’s future generation could become coders. Deputy Communications Minister Pinky Kekana echoed these sentiments while addressing the IBM South Africa annual Think Johannesburg conference on 20 June. She said that the time had come for the government to introduce basic coding into the education system in order to “future-proof” children in an ever-changing society.
Instagram introduces IGTV
Facebook Inc owned Instagram celebrated its 1 billion users with a new feature: Instagram Television. Users will be able to upload videos for Instagram’s new IGTV section, which will display them full-screen and vertically, the way people naturally hold their phones. The video section will feature content from people users already follow on their account and videos can be up to one hour in length. IGTV also has its standalone mobile application on iOS and Android.