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Social media platforms clamp down on accounts with stolen usernames

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Majority of social media platforms do not allow exchange and trading of usernames. (AFP)

Trading of stolen social media accounts has become quite rampant. In July 2020, Twitter accounts of over 130 high profile users and companies including Elon Musk, Barrack Obama and Apple were compromised.

Instagram has taken down over 100 accounts which were hijacked and sold for their high value usernames allegedly by members of an online marketplace called OGUsers, according to Reuters report. Access to compromised social media accounts with coveted usernames owned by a celebrity, brand, or those with individual letters and numbers are believed to have sold for tens of thousands of dollars on these marketplaces.

“Today, we’re removing hundreds of accounts connected to members of the OGUsers forum. They harass, extort and cause harm to the Instagram community, and we will continue to do all we can to make it difficult for them to profit from Instagram usernames,” a Facebook spokesperson told Mint.

According to industry experts, the crackdown was a concerted between several social media platforms including TikTok, which has also been working on stopping the practice. As per a Wired report, the short form video platform recently reclaimed several usernames being used for account squatting or impersonation.

Trading of stolen social media accounts has become quite rampant. In July 2020, Twitter accounts of over 130 high profile users and companies including Elon Musk, Barrack Obama and Apple were compromised. The hackers were able to reset the passwords of 45 of those accounts. According to cybersecurity experts, the hackers behind the attacks were also linked to the OGUsers community and used SIM swapping to break into social media accounts and log out their legitimate owners from it.

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In SIM swapping, hackers first go after the cell phone numbers and try to take it under their control by calling up the phone company and using social engineering to convince them to make the change. Once the change is made, hackers use the cell number to reset the password and gain control over the social media account.

OGUsers has been breached three times since 2019 by more seasoned cybercriminals, which shows the value of these coveted social media accounts on DarkWeb.

According to cybersecurity firm Avast, OGUsers started operations in April 2017 selling shorter usernames, such as Adrian Lamo’s unused Twitter account, @6. Currently the group has over 50,000 registered users and over million posts.

Majority of social media platforms do not allow exchange and trading of usernames. Twitter in its username squatting policy clearly states, attempts to sell, buy or solicit other forms of payments in exchange for usernames are violation and may result in permanent account suspension.

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Facebook Faces Yet Another Outage: Platform Encounters Technical Issues Again

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Facebook Problem Again

Uppdated: It seems that today’s issues with Facebook haven’t affected as many users as the last time. A smaller group of people appears to be impacted this time around, which is a relief compared to the larger incident before. Nevertheless, it’s still frustrating for those affected, and hopefully, the issues will be resolved soon by the Facebook team.

Facebook had another problem today (March 20, 2024). According to Downdetector, a website that shows when other websites are not working, many people had trouble using Facebook.

This isn’t the first time Facebook has had issues. Just a little while ago, there was another problem that stopped people from using the site. Today, when people tried to use Facebook, it didn’t work like it should. People couldn’t see their friends’ posts, and sometimes the website wouldn’t even load.

Downdetector, which watches out for problems on websites, showed that lots of people were having trouble with Facebook. People from all over the world said they couldn’t use the site, and they were not happy about it.

When websites like Facebook have problems, it affects a lot of people. It’s not just about not being able to see posts or chat with friends. It can also impact businesses that use Facebook to reach customers.

Since Facebook owns Messenger and Instagram, the problems with Facebook also meant that people had trouble using these apps. It made the situation even more frustrating for many users, who rely on these apps to stay connected with others.

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During this recent problem, one thing is obvious: the internet is always changing, and even big websites like Facebook can have problems. While people wait for Facebook to fix the issue, it shows us how easily things online can go wrong. It’s a good reminder that we should have backup plans for staying connected online, just in case something like this happens again.

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We asked ChatGPT what will be Google (GOOG) stock price for 2030

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We asked ChatGPT what will be Google (GOOG) stock price for 2030

Investors who have invested in Alphabet Inc. (NASDAQ: GOOG) stock have reaped significant benefits from the company’s robust financial performance over the last five years. Google’s dominance in the online advertising market has been a key driver of the company’s consistent revenue growth and impressive profit margins.

In addition, Google has expanded its operations into related fields such as cloud computing and artificial intelligence. These areas show great promise as future growth drivers, making them increasingly attractive to investors. Notably, Alphabet’s stock price has been rising due to investor interest in the company’s recent initiatives in the fast-developing field of artificial intelligence (AI), adding generative AI features to Gmail and Google Docs.

However, when it comes to predicting the future pricing of a corporation like Google, there are many factors to consider. With this in mind, Finbold turned to the artificial intelligence tool ChatGPT to suggest a likely pricing range for GOOG stock by 2030. Although the tool was unable to give a definitive price range, it did note the following:

“Over the long term, Google has a track record of strong financial performance and has shown an ability to adapt to changing market conditions. As such, it’s reasonable to expect that Google’s stock price may continue to appreciate over time.”

GOOG stock price prediction

While attempting to estimate the price range of future transactions, it is essential to consider a variety of measures in addition to the AI chat tool, which includes deep learning algorithms and stock market experts.

Finbold collected forecasts provided by CoinPriceForecast, a finance prediction tool that utilizes machine self-learning technology, to anticipate Google stock price by the end of 2030 to compare with ChatGPT’s projection.

According to the most recent long-term estimate, which Finbold obtained on March 20, the price of Google will rise beyond $200 in 2030 and touch $247 by the end of the year, which would indicate a 141% gain from today to the end of the year.

2030 GOOG price prediction: Source: CoinPriceForecast

Google has been assigned a recommendation of ‘strong buy’ by the majority of analysts working on Wall Street for a more near-term time frame. Significantly, 36 analysts of the 48 have recommended a “strong buy,” while seven people have advocated a “buy.” The remaining five analysts had given a ‘hold’ rating.

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1679313229 737 We asked ChatGPT what will be Google GOOG stock price
Wall Street GOOG 12-month price prediction: Source: TradingView

The average price projection for Alphabet stock over the last three months has been $125.32; this objective represents a 22.31% upside from its current price. It’s interesting to note that the maximum price forecast for the next year is $160, representing a gain of 56.16% from the stock’s current price of $102.46.

While the outlook for Google stock may be positive, it’s important to keep in mind that some potential challenges and risks could impact its performance, including competition from ChatGPT itself, which could affect Google’s price.


Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

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This Apple Watch app brings ChatGPT to your wrist — here’s why you want it

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Apple Watch Series 8

ChatGPT feels like it is everywhere at the moment; the AI-powered tool is rapidly starting to feel like internet connected home devices where you are left wondering if your flower pot really needed Bluetooth. However, after hearing about a new Apple Watch app that brings ChatGPT to your favorite wrist computer, I’m actually convinced this one is worth checking out.

The new app is called watchGPT and as I tipped off already, it gives you access to ChatGPT from your Apple Watch. Now the $10,000 question (or more accurately the $3.99 question, as that is the one-time cost of the app) is why having ChatGPT on your wrist is remotely necessary, so let’s dive into what exactly the app can do.

What can watchGPT do?

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