Facebook admitted Thursday night in an updated post from March that the company collected millions of additional users’ Instagram passwords.
…The update was connected to a March 21 blog post that disclosed how hundreds of millions of Facebook users’ passwords had been stored unencrypted on the firm’s servers.
…“Since this post was published, we discovered additional logs of Instagram passwords being stored in a readable format,”
…Zuckerberg and other executives used privacy data as leverage over competitors, media reports show. In one case, Facebook allegedly gave Amazon premium access to data for its new smartphone, but phased out access for a messaging application that threatened a similar app Facebook managed.
Sigh…
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