Foundering

As Facebook reels from a public backlash over its handling of user data, former employees are starting to air their hesitations and criticisms of the company they helped build. This week, Bloomberg Technology's Sarah Frier and Aki Ito hear from these former insiders to examine the mistakes that led to the company’s crisis today.

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We're hard at work on a new episode about Facebook's data scandal. We'll be publishing that later this week. Stay tuned.

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Since the advent of the internet, local newspapers like the U.K.'s Bournemouth Daily Echo have been relentlessly cutting costs to survive. Now, another wave of change is approaching: automation. This week, Bloomberg Technology's Jeremy Kahn visits the Echo's newsroom, which has been experimenting with computer-generated stories produced by a project funded by Google. The technology's helping the paper's editors serve its readers with fewer journalists. But will automation ultimately end up taking even more jobs?

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When Abigail Stone decided to start an online candle company, she had neither investors nor a product. But she found an early ally in the branding agency Red Antler, which agreed to help her get her business off the ground in exchange for a cut of her company. This week, Bloomberg Technology's Jing Cao and Brad Stone follow Abigail in the frenzied months leading up to and following the launch of her startup Otherland. Along the way, we'll see how much Red Antler can help an unknown entrepreneur stand out in the highly-competitive e-commerce industry—and we'll judge whether its services are worth the considerable price.

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By the time he was 27, Hector Monsegur had become one of the most notorious hackers on the internet. With the vigilante group Anonymous and its offshoot LulzSec, he launched attacks against multibillion-dollar companies and governments around the world. But then he got caught. This week on Decrypted, Bloomberg Technology's Aki Ito and Brad Stone bring you his story in its entirety, in two episodes. Part 1 recounts Hector's childhood as he fell in love with the internet, and gradually descended into the world of cybercrime. Part 2 traces his complicated journey to rebuild his life.

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By the time he was 27, Hector Monsegur had become one of the most notorious hackers on the internet. With the vigilante group Anonymous and its offshoot LulzSec, he launched attacks against multibillion-dollar companies and governments around the world. But then he got caught. This week on Decrypted, Bloomberg Technology's Aki Ito and Brad Stone bring you his story in its entirety, in two episodes. Part 1 recounts Hector's childhood as he fell in love with the internet, and gradually descended into the world of cybercrime. Part 2 traces his complicated journey to rebuild his life.

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Decrypted returns on March 6 with a brand new season. Here's a sneak peek of what's in store. We'll be releasing new episodes every Tuesday starting next week. 

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This week, Brad and Aki have a special announcement: Decrypted will be on break for the next few weeks. The team's already hard at work on a bunch of new stories for 2018, and we promise they'll be worth the wait. In the meantime, happy holidays! We'll be back with weekly episodes in February. 

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Cryptocurrencies have exploded in 2017. But while prices are surging, transactions are facing long delays because the networks are flooded with traffic. This is the problem facing the Ethereum network, which, along with its digital currency ether, has quickly become the world's No. 2 cryptocurrency after Bitcoin. And one man, Vlad Zamfir, has a plan to fix it. This week, Bloomberg's Matthew Leising and Brad Stone speak to Zamfir about his big dreams for Ethereum and how his project (codenamed Casper) could pave the way for masses of ordinary internet users to join in the craze.

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From a young age, Cyrus Massoumi knew he wanted to become rich one day. In 2012, he figured out how: by creating an inflammatory, hyper-partisan news site that used Facebook to make its articles go viral. This week, Bloomberg Technology's Sarah Frier and Aki Ito talk to Cyrus about how MrConservative.com's success sparked a frenzy of other sites like it. Cyrus watched the phenomenon snowball—until one day he realized he had created a monster.

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