Friday, 26 April 2019

Slack's IPO filing shows it fears a Facebook-style privacy disaster

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Slack knows a lot about you, and it realizes that could one day be a serious problem.  

The company behind the messaging service used by media organizations, tech behemoths, and Fortune 500 companies around the world published its plan to go public on April 26, and the document paints a detailed picture of the company's hopes and fears. One fear, in particular, is of note: a Facebook-style privacy disaster. 

Buried deep in the "risk factors" section of the prospectus — along concerns of hackers and market changes — lies the explicit worry that a severe privacy misstep by the company could result in grave harm to the business. No one, after all, wants to trust their personal data to a company that repeatedly betrays their trustRead more...

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