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that Iran was likely responsible for June attack on parliament e-mail systems  —  Evidence points to Iran, says unpublished report, after initial suspicion of Russia and North Korea dismissed  —  Iran is being blamed for a cyber-attack in June …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

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