ShareThis explained

ShareThis
Url:http://sharethis.com/
Type:Social Bookmarking and Sharing Tool
Registration:Free
Employees:103 (2017)
Owner:ShareThis
Creator:ShareThis

ShareThis is a technology company headquartered in Palo Alto, CA, with offices in New York, Chicago, and Los Angeles.[1] It offers free website tools and plugins for online content creators. ShareThis collects data on user behavior, and provides this to advertisers and technology companies for ad targeting, analytics, and customer acquisition purposes.[2] ShareThis has an exclusive license with the University of Illinois for patent applications made by co-founder David E. Goldberg. The patents include genetic algorithms and machine learning technologies used for the purposes of information collection and discovery based on a user's sharing behavior.

History

ShareThis was founded in 2007 by David E. Goldberg, an engineering professor at University of Illinois at Urbana-Champaign, and Tim Schigel.

In July 2011, Kurt Abrahamson joined the company as CEO and served for 7 years before transitioning into an Executive Chairman role.[3]

In June 2018, Dana Hayes Jr. was named CEO of the company.[4]

In February 2019, The Register published a story indicating that 16 companies, including ShareThis, were the victims of a security incident. A security breach exposed 41 million account records containing name, username, email address, DES-hashed password, gender, date of birth, and other profile info.[5] The data was listed for sale on the dark web, and following publishing of The Register's article, ShareThis verified the breach and sent notifications to compromised users. ShareThis then launched an investigation with forensic and data security experts to review the incident and identify measures to improve security.[6]

See also

References

External links

Notes and References

  1. Web site: Contact Us - ShareThis . 2022-06-22 . en-US.
  2. Web site: About . ShareThis . June 6, 2022.
  3. Web site: ShareThis Names Former Google AdSense Executive Kurt Abrahamson as New CEO . July 25, 2011 . GlobeNewswire . September 16, 2019 .
  4. Web site: ShareThis Announces New CEO and Doubles Data Business With New Clients and Partners . June 7, 2018 . MarTech Series . September 16, 2019 .
  5. Web site: 620 million accounts stolen from 16 hacked websites now for sale on dark web, seller boasts . February 11, 2019 . The Register . September 16, 2019 .
  6. Web site: Notice of Data Breach . February 26, 2019 . ShareThis . September 16, 2019 .