Bloomberg: Reddit Is Raising Funds Valuing Startup at $1.7 Billion

Bloomberg: Reddit Is Raising Funds Valuing Startup at $1.7 Billion. “Reddit is one of the few relics of the mid-2000s internet that has not only survived but thrived in recent years. Now venture capitalists are giving a major boost to the link-sharing website, with funding that will give the company a valuation of about $1.7 billion, two people familiar with the matter said.”

Kmart Credit Card Breach: What You Need to Know (NBC News)

NBC News: Kmart Credit Card Breach: What You Need to Know. “Another day, yet another retail security breach. Embattled retailer Sears said on Wednesday it found a security breach involving ‘unauthorized’ credit card activity following some customer purchases at its Kmart stores. It’s the second major security breach for the retailer in under three years.”

The Verge: CrowdJustice, a Kickstarter for court cases, expands from the UK to the US

The Verge: CrowdJustice, a Kickstarter for court cases, expands from the UK to the US. “From board games to medical bills, crowdfunding campaigns powered by online platforms have raised huge amounts of money over the last decade. CrowdJustice, a startup founded in the UK, is trying to carve out a niche for itself in the world of legal battles. Its users have taken cases to the Supreme Court in Britain and won them all. More recently it was used to raise funds to battle gerrymandering and Trump’s travel ban in the United States. Today it announced that it has raised $2 million in a round led by Venrock and First Round Capital, money it will use to expand its visibility and operations in the US.”

Fedscoop: New FEC website aims to simplify access to campaign finance data

Fedscoop: New FEC website aims to simplify access to campaign finance data. “The Federal Election Commission recently launched a new website intended to improve its user experience through a cleaner layout and additional features. Built in conjunction with General Services Administration office 18F, the updated site presents a striking contrast from the previous version, which grew organically and erratically — and often made life difficult for visitors trying to access campaign finance information.”

China.org.cn: World’s 1st poverty reduction database in tree diagrams

China.org.cn: World’s 1st poverty reduction database in tree diagrams . “The Global Poverty Reduction Online Knowledge Sharing Database was launched on Friday at the 2017 China Poverty Reduction International Forum in Beijing being attended by officials and representatives from international organizations, embassies as well as businesses. Created by the Global Poverty Reduction & Inclusive Growth Portal (GPIG), the database … is a platform to share successful models of poverty reduction from both China and the international community, which is distinguished by its use of tree diagrams, standardized templates and a strong network of contributors.”

USA Today: Chipotle says malware hack stole customer payment info

Sigh. USA Today: Chipotle says malware hack stole customer payment info . “Chipotle Mexican Grill on Friday said new information on a March-April data breach at its restaurants indicates hackers using malware stole customer payment information. Consumers’ account numbers, expiration data and verification codes were accessed by the malware from payment card systems at the fast-casual chain over three weeks between March 24 and April 18. Chipotle said the malware that breached its system has been removed. Most of its 2,249 restaurants were affected, said company spokesperson Chris Arnold.”

Recode: Google refuses to hand over salary data to the U.S. government

Recode: Google refuses to hand over salary data to the U.S. government. “Google, whose mission is to organize the world’s information, is still refusing to hand over salary information requested by the Labor Department, saying that it would cost too much to retrieve the data.”