Techmeme: eBay takes on The RealReal and other fashion resellers with launch of authentication program for luxury goods, debuting with 12 high-end brands including Gucci (Sarah Perez/TechCrunch)

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October 16, 2017, 11:30 AM

Top News

Dan Goodin / Ars Technica:

US CERT advisory: severe flaw in popular WiFi security protocol WPA2 leaves WiFi traffic open to eavesdropping, connection hijacking, and malicious injection — An air of unease set into the security circles on Sunday as they prepared for the disclosure of high-severe vulnerabilities …

More: ZDNet, The Verge, US-CERT, The Guardian, The Verge, Windows Central, Alex Hudson, Wi-Fi Alliance, usenix.org, 9to5Mac, Axios, Android Authority, International Business Times, The Verge, PCWorld, MacRumors, Gizmodo, BGR, Android Central, CSO, Laptop Mag, AnandTech, CNET, The Register, Business Insider, TechCrunch, 9to5Google, The Next Web, Engadget, SecurityWeek, Feld Thoughts, The Tech Report, On MSFT, Cisco Blog, Forbes, Mashable, BleepingComputer.com, iDownloadBlog.com, The Register, Silicon Republic, Schneier on Security, bit-tech.net, Inquirer, Neowin, Fortune, Softpedia News, TechSpot, MSPoweruser, MediaNama, Hackaday, PhoneArena, BetaNews, BleepingComputer.com, WeLiveSecurity, Gizmodo Australia, iPhone in Canada Blog, and reddit.com

Tweets: @kennwhite, @gossithedog, @gossithedog, @josephfcox, @k8em0, @tomwarren, and @mikaelthalen

Sam Byford / The Verge:

Huawei launches 5.9-inch Mate 10 and 6-inch Mate 10 Pro with thin bezels, Kirin 970 SoC, 4GB RAM, and 4,000mAh battery; US launch and pricing TBD — Huawei has announced the Mate 10 and Mate 10 Pro, two new phones that occupy the highest end of its lineup.

More: Reuters, Android Authority, The Next Web, Inquirer, Android Police, 9to5Google, Ars Technica, The Next Web, The Guardian, AnandTech, Gizmodo, Wall Street Journal, and CNBC

Dan Goodin / Ars Technica:

Flaw in widely used RSA code library undermines security of millions of high-security RSA crypto keys used in high-stakes scenarios — Factorization weakness lets attackers impersonate key holders and decrypt their data. — A crippling flaw in a widely used code library has fatally undermined …

More: CRoCS wiki, Forbes, politsei.ee, SecurityWeek, and BleepingComputer.com

Tweets: @dangoodin001 and @sruwhof

Stephanie Condon / ZDNet:

IBM rolls out blockchain network for cross-border payments, currently supporting 12 “currency corridors” including Australia, New Zealand, UK, Pacific islands — The promise of digital currency is finally coming to maturity, IBM says, with its unique international payments network.

More: TechCrunch, VentureBeat, Bank Innovation, IBM, CoinDesk, International Business Times, SiliconANGLE, Fortune, Computerworld, Silicon Republic, and IT ProPortal

Bérénice Magistretti / VentureBeat:

Dockless bike-sharing startup LimeBike raises $50M Series B led by Coatue Management, claims 250K registered users with 10K bikes in 12 cities — Just a few months after launching with a $12 million seed round, dockless bike-sharing startup LimeBike announced today that it has secured a whopping $50 million to expand nationwide.

More: TechCrunch, CNBC, Wired, and PE Hub Blog

Sarah Perez / TechCrunch:

eBay takes on The RealReal and other fashion resellers with launch of authentication program for luxury goods, debuting with 12 high-end brands including Gucci — eBay is going after high-end clientele in search of luxury goods with today's launch of eBay Authenticate …

More: CNET

Ingrid Lunden / TechCrunch:

Apple to pay VirnetX $440M in final judgement in patent infringement case after US District Court for Eastern District of Texas denies all of Apple's motions — Apple lost a retrial a year ago in an ongoing patent dispute with VirnetX over secure communications protocols in FaceTime and other applications …

More: PR Newswire and 9to5Mac. Tweets: @ingridlunden

Greg Stohr / Bloomberg:

Supreme Court to decide if law enforcement officials can obtain emails and data stored overseas by tech firms in Microsoft vs US government email privacy case — Law enforcement seeks data held overseas by tech companies — U.S. says Google, Yahoo not complying with search warrants

More: Ars Technica, CNNMoney, and USA Today. Tweets: @dinabass

Ewen MacAskill / The Guardian:

Sources: British intelligence has concluded that Iran was likely responsible for June attack on parliament e-mail systems — Evidence points to Iran, says unpublished report, after initial suspicion of Russia and North Korea dismissed — Iran is being blamed for a cyber-attack in June …

More: The Register, IT ProPortal, Inquirer, The Times & The Sunday Times, Engadget, BBC, RT, Telegraph, eTeknix, BelfastTelegraph.co.uk, The Independent, The Verge, Daily Mail, and International Business Times

Li Tao / South China Morning Post:

A look at Honor, the budget smartphone brand that helped propel Huawei to the #2 spot among world's smartphone vendors — Honor is projecting that its international sales will account for about half of total sales in 4 to 5 years. It is targeting 20 overseas markets including the US, India and Russia

Tim Hardin / VentureBeat:

In 2016, total VC commitments in China exceeded $50B, nearly matching the US for the first time; 75% of China's VC total in 2016 came from domestic sources — GUEST: — Twenty years ago, China's manufacturing-based economy was one-ninth the size of the U.S. economy.

Fitz Tepper / TechCrunch:

Coinbase has launched instant cryptocurrency purchases of up to $25K from US bank accounts, dropping the typical wait period of 3-5 days — Coinbase just announced that users can instantly purchase cryptocurrency and have it be funded from a U.S. bank account.

More: Investopedia, Engadget, and CNBC. Thanks:@fitztepper

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