Newsfeed Update: 08.17.12
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As Investors Unload Facebook Shares, Stock Tumbles Below $20 (AllFacebook)
Thursday was the first day that major investors in Facebook could sell their shares -- and one company did just that. Accel Partners, one of the earliest investors in the social network, reportedly sold 50 million shares of Facebook (total worth: roughly $1 billion). Others could follow suit soon. Facebook’s stock, which closed Wednesday at $21.20 per share, fell to $19.87 when the closing bell rang Thursday.
Hacker Discovers iPhone Security Flaw (Business Insider)
A famous iPhone hacker and developer, who goes by the name Pod2g, just opened up about a major security hole in the iPhone. The flaw he discovered could be used to swipe personal information using text messages.
First All-Female Team to Lead PBS' Election Coverage (TVNewser)
When CNN's Candy Crowley was named moderator for one of the Presidential debates on Monday, it drew headlines. But news of PBS' first all-female election team -- the first all-female team to spearhead a network's convention coverage in news broadcast history -- went underreported. PBS didn't even mention that fact when it announced the pairing in late June.