Geek News

WhatsApp co-founder Brian Acton left Facebook in 2017 to start a non-profit. Turns out that non-profit involves another messaging app: Signal. In a blog post , Signal chief Moxie Marlinspike has announced the launch of Signal Foundation, a 501(c)(3) nonprofit that was made possible by the $50,000,000 in funding Acton provided. Signal's secure messaging app is a popular choice among privacy-focused users, including staff members of the US Senate. Even though it's a fairly recognizable name, it's been having financial troubles that make it hard to hire more people to develop new features. Moxie said in the post that thanks to the funding, Signal "can now increase the size of [its] team, [its] capacity, and [its] ambitions." Signal Foundation's status as a non-profit means Moxie and his team won't have to worry about putting profit first to be able to pay off investors. Acton did admit in his part of the post that their goal is to make the Signal Foundati...

A number of Coinbase customers found themselves hit with duplicate charges for a single card-based purchase over the past few days. Some even reported losing tens of thousands after being charged 17 , even 50 , times. In a blog post updating customers about the situation, the cryptocurrency exchange has promised to "ensure that each affected customer will be refunded in full for any erroneous charge." The company said that after conducting an internal investigation, it has determined that the problem was a result of Visa reversing and then recharging transactions. As you know, it usually takes a while for both debit and credit card refunds to show up. In a tweet elaborating on the results of its investigation, Coinbase said that Visa payments on its website glitched, because the credit card network has changed the Merchant Category Code (MCC) for digital currency purchases. The new code apparently allows credit card providers to treat cryptocurrency buys as "cash a...