Techmeme: At a congressional hearing, the interim Equifax CEO said he's not sure if the company is encrypting consumer data stored on its computers (Wall Street Journal)

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November 12, 2017, 1:20 PM

Top News

Jon Russell / TechCrunch:

Alibaba smashes its Singles Day record once again as sales hit $25.4B, a 39% increase over last year's sales total — Alibaba has set another Single's Day record after the e-commerce giant sold over $25 billion of product on the Chinese biggest online shopping date.

More: Reuters, Alizila.com, TechCrunch, New York Times, Forbes, ZDNet, Alizila.com, Bloomberg, CNNMoney, Reuters, Digital Trends, The Verge, The Next Web, Engadget, Seeking Alpha, Bloomberg, Bloomberg, Sky News, Yahoo, South China Morning Post, Fortune, and The Information

Tweets: @david_spitz, @brad30097, @jaathre, @sub8u, @aparanjape, @mailecarnegie, @venkatananth, @lindayueh, and @liamcasey

Google Online Security Blog:

Google and UCB study: from March 2016 to March 2017, 788K credentials were stolen via keyloggers, 12M credentials via phishing, and 3.3B via 3rd-party breaches — Posted by Kurt Thomas, Anti-Abuse Research; Angelika Moscicki, Account Security — Account takeover, or ‘hijacking’ …

More: Research at Google, International Business Times, CNNMoney, eWeek, ZDNet, SecurityWeek, BBC, BleepingComputer.com, Wccftech, The Register, Tom's Hardware, and Android Authority

Tweets: @jankytweet, @kennwhite, @alt_spicerlies, @laparisa, and @ryanaraine. Thanks:@aaronjstein

Dan Goodin / Ars Technica:

Vulnerability present in many now-patched antivirus products including Malwarebytes allowed malware to leave quarantine and gain full system control — New AVGater flaw provided key ingredient for hacker to hijack computer. — Antivirus programs, in many cases, make us safer on the Internet.

More: #bogner.sh, #bogner.sh, #bogner.sh, SecurityWeek, Security Affairs, and BleepingComputer.com

Wall Street Journal:

At a congressional hearing, the interim Equifax CEO said he's not sure if the company is encrypting consumer data stored on its computers — Interim chief should have asked his staff ‘the day he took over,’ analyst says — Two months after Equifax Inc. EFX -.20% reported …

More: Boing Boing, SearchSecurity, ZDNet, New York Times, New York Post, BloombergQuint, and Financial Times

Jonathan Albright / Berkman Klein Center Collection:

Analysis: propaganda memes from Russia's Internet Research Agency were more impactful on Instagram than Twitter due to reposting apps, Facebook's ad targeting — The last couple of weeks have brought us the first new major revelations about the reach and scope of the IRA media influence campaign.

Tweets: @hautepop

Kevin Roose / New York Times:

How Ford is working to build a Level 4 autonomous vehicle by 2021 with help from Argo AI, who is creating software for its vehicles — Its very name was synonymous with the 20th-century economy. Now it's trying to catch up with Silicon Valley on self-driving cars. Related Article

More: New York Times, New York Times, New York Times, Automotive News …, and New York Times

Tweets: @stevesi, @nytmag, @kimmaicutler, and @nathanielpopper

Davey Alba / BuzzFeed:

Statements from Amazon, Apple, Facebook, Google, Microsoft, Uber on whether NDA-bound employees can publicly speak out about workplace harassment or assault — BuzzFeed News asked major tech companies if they'd pursue legal action against NDA-bound employees who speak out about workplace harassment or assault.

Ron Amadeo / Ars Technica:

Pixel and Nexus devices won't get KRACK patch until December, which shouldn't matter much since Android doesn't rely on WPA2 for security — Android never relied on WPA2 for security, so breaking it shouldn't matter much. — In October, security researchers discovered a major vulnerability in a Wi-Fi's WPA2 security called “KRACK.”

More: xda-developers, Pocketnow, and Phandroid

Tweets: @kevinctofel, @arstechnica, @ronamadeo, and @dangoodin001

Evan Ackerman / IEEE Spectrum:

Embodied Intelligence, which is developing tech for letting humans teach robots new skills using AI and VR, comes out of stealth with $7M in seed funding — Depending on who you ask, robotic grasping has been solved for a while now. That is, the act of physically grasping an object …

More: New York Times, Global University Venturing, The Daily Californian, Robotics & Automation News, Inverse, Futurism, The Register, The Merkle, Wired, and The Verge

Takashi Mochizuki / Wall Street Journal:

Sources: Nintendo plans to make 25M to 30M Switch consoles during the next fiscal year which begins April 2018 — Nintendo plans to make 25 million to 30 million Switch game consoles next year — TOKYO— Nintendo Co. NTDOY -2.38% plans to pick up the production pace for its hit Switch …

More: Fortune, The Verge, SlashGear, Ars Technica, Ubergizmo, Tech Times, TechCrunch, BGR, Neowin, Engadget, CNET, TechSpot, GamesIndustry.biz, Forbes, destructoid, and Polygon

Tweets: @jfest, @mochi_wsj, and @zhugeex

Bloomberg:

Leaked Lyft investor document projects the service will command about a third of US ride hailing market by the end of the year, see losses of about $600M — Projections see Lyft sales rise, losses of $600 million — Fidelity, another Uber backer, may join Alphabet in new round

More: TechCrunch. Tweets: @quantian1, @mhbergen, @ericnewcomer, and @caseynewton

Richard Waters / Financial Times:

Profile of Broadcom CEO Hock Tan as he tries to acquire Qualcomm for $130B — Hock Tan was feeling sensitive. As the most acquisitive executive in the chip industry, it was probably inevitable that his rapid-fire spate of deals — capped this week by a $130bn run at struggling Qualcomm — would bring charges of opportunism.

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