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Npm CEO Bryan Bogensberger Exits After Eight Months of Turmoil
 
intensivevocoder writes: Bryan Bogensberger's exit from npm, inc was quietly announced Friday afternoon in a press release stating that Bogensberger "resigned effective immediately to pursue new opportunities." This marked likely one of the few quiet actions in Bogensberger's tumultuous tenure as CEO of npm, the popular package manager of Node.js. Bogensberger started as CEO on January 9 this year, as part of a move announced by original author and co-founder Isaac Z. Schlueter as part of a plan to commercialize the service. Bogensberger's involvement with the company started in mid-2018, although he was not formally named CEO until 2019 pending the resolution of visa requirements. "Commercializing something like this without ruining it is no small task, and building the team to deliver on npm's promise is a major undertaking. We've sketched out a business plan and strategy for the next year, and will be announcing some other key additions to the team in the coming months," Schlueter wrote in January.

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Facebook Suspends Tens of Thousands of Apps Following Data Investigation
 
Facebook revealed Friday that it had suspended "tens of thousands" of apps that may have mishandled users' personal data, [Editor's note: the link may be paywalled; alternative source] part of an investigation sparked by the social giant's entanglement with Cambridge Analytica. From a report: The suspensions -- far more than the hundreds against which Facebook has taken action against in the past -- occurred for a "variety of reasons," the company said in a blog post, without elaborating. They were associated with about 400 developers. Facebook said it had investigated millions of apps and targeted those that Facebook said had access to "large amounts of information" or had the "potential to abuse" its policies. Facebook said some of the apps were banned for inappropriately sharing users' data, the same violation of company policy that led to the Cambridge Analytica scandal. It added that its investigation, now 18 months long, isn't yet complete.

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Traders Who Can't Code May Become Extinct, Goldman's Tech Pioneer Warns
 
Just how important will the ability to write computer code be to a successful career on Wall Street? From a report: According to R. Martin Chavez, an architect of Goldman Sachs Group's effort to transform itself with technology, "It's like writing an English sentence." As Chavez prepares to leave the company, the onetime commodities staffer who rose to posts overseeing technology and ultimately trading is reflecting on his "26-year adventure" in the industry. "The short, short description of it is making money, capital and risk programmable," he said in a Bloomberg Television interview. "There are certainly many kinds of manual activities that computers are just better at." Chavez, 55, outlined strengths that can help humans stay relevant, such as their relationship skills and ability to assess risks. Yet he predicted that longstanding career dichotomies on Wall Street, like trader versus engineer, will go away. To keep working, people will need both of those skills. Even money is going digital, a shift that goes far beyond cryptocurrencies, he said, pointing to the success of Stripe as an example of creating new ways to move funds. Stripe, for its part, has become one of the most valuable companies in Silicon Valley.

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InternetNews.com News Recent news from InternetNews.com

IT Earnings Way Up at Job Site Elance
 
Google App Engine, HTML5, search engine optimization and social media marketing are among the fastest movers on Elance's list of hot job opportunities available online.

Say What? The Week's Top Five IT Quotes
 
Google Wave crashes, fighting to keep mainframe skills alive, beware the Outernet and more.

GPL Enforcement Notches Another Victory
 
The license at the heart of many open source projects is amassing a winning record when it comes to successfully pursuing enforcement lawsuits.