Yahoo! Inc. (NASDAQ:YHOO) is on a quest to provide end-to-end email encryption to users of Yahoo Mail.
In a post on Sunday on Tumblr, Yahoo! Inc. (NASDAQ:YHOO) Chief Information Security Officer Alex Stamos announced that the technology veteran is working on a system called end-to-end (e2e) encryption extension for Yahoo Mail. Reports from the likes of The Washington Post also reveal that Stamos gave a presentation about the new feature at the South by Southwest (SXSW) conference in Austin, Texas on Sunday.
Essentially, the e2e encryption extension for Yahoo Mail will let users of the email service encrypt their emails. Only the sender and the recipient will thus be able to read the email. Even Yahoo! Inc. (NASDAQ:YHOO) cannot access the email content without the encryption keys used to lock the message.
However, the Digits blog by The Wall Street Journal says that parts of the email other than the body of the message will still be unencrypted to correctly get the message across the Internet.
Furthermore, Stamos himself said during his SXSW presentation that he imagines the service won’t be used for every email by Yahoo Mail users, The Washington post notes. That means that investors who might be worried Yahoo! Inc. (NASDAQ:YHOO) will be essentially cutting off information for targeted advertising should not be worried as most messages will still be readable by Yahoo machines.
According to Stamos’ post on Tumblr, a site Yahoo owns, the feature isn’t yet available to the general public but the company hopes to make it so by the end of the year. For now, they’re releasing the source code to the wider security industry for testing and feedback.
Daniel S. Och’s OZ Management owned about 8.99 million shares of Yahoo! Inc. (NASDAQ:YHOO) by the end of the December 2014 quarter.
I just made 84% in 4 days by blindly imitating a hedge fund’s stock pick. I will tell you how I pulled such a huge return in such a short time but let me first explain in this FREE REPORT why following hedge funds’ stock picks is one of the smartest things you can do as an investor. We launched our quarterly newsletter 2.5 years ago and not one subscriber has, since, said ‘I lost money by EXACTLY following your stock picks’. The reason is simple. You can beat index funds by creating a DREAM TEAM of hedge fund managers and investing in only their best ideas. I just made 84% in 4 days by blindly imitating one of these best ideas. CLICK HERE NOW for all the details.