SCOOP: Sequoia Capital is targeting $2.25 billion for two U.S. VC funds, defying the chill over private tech investing Read Now

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New Instagram Bug Raises Security Questions

By and  |  Nov. 16, 2018 3:32 PM PST

Instagram notified some users of a new security flaw that could have inadvertently exposed their passwords to public view, raising questions among security researchers about the effectiveness of Instagram’s security measures.

The security flaw was tied, ironically, to a tool Instagram introduced in April to let users see how much of their personal data the site had collected. “Download Your Data” lets users download all the data that Instagram has on them, both to comply with new European data-privacy regulations and to satisfy increasingly privacy-sensitive users around the world.

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Sequoia Capital Targets $2.25 Billion for Two U.S. VC Funds
Sequoia Capital global managing partner Doug Leone. Photo: Bloomberg
Sequoia Capital, defying the tech market sell-off that’s chilled startup fundraising, is asking investors to commit money to two new U.S.-focused funds, according to two people familiar with the matter. The Menlo Park, Calif.-based venture capital firm behind Airbnb and DoorDash expects to dedicate $1.5 billion to a U.S. growth fund focused on more mature companies, the people said....
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