Networking chip design company Aquantia raises $61M in its IPO, closes up 6% on its first day of trading (Dean Takahashi/VentureBeat)

November 3, 2017

Dean Takahashi / VentureBeat: Networking chip design company Aquantia raises $61M in its IPO, closes up 6% on its first day of trading  —  Networking chip design company Aquantia went public on Friday and raised $61 million in its initial public offering.  —  The stock is trading up for the San Jose … Source: http://www.techmeme.com

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Republican Tax Plan Kills Electric Vehicle Credit

An anonymous reader quotes a report from Ars Technica: The nascent market for electric cars will suffer a big setback if the Republican tax plan released on Thursday enters into law. Among the changes to the current tax code would be an end to the Plug-In Electric Drive Vehicle Credit. That’s the tax incentive that currently means up to $7,500 back from the IRS when you purchase a new battery…

November 3, 2017
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Cisco Releases Security Update for IOS XE Software

Original release date: November 03, 2017 Cisco has released a security update to address a vulnerability in its IOS XE software. A remote attacker could exploit this vulnerability to cause a denial-of-service condition. US-CERT encourages users and administrators to review the Cisco Security Advisory and apply the necessary update. This product is provided subject to this Notification and this Privacy & Use policy. Source: https://www.us-cert.gov

November 3, 2017
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Factory closure fears fuel Matson Chinese import spike

Matson faces growing competition in its core markets of Hawaii and US territories in the western Pacific Ocean. Photo credit: Shutterstock Uncertainty over the scale of Chinese factories closures spurred US importers to tap Matson’s expedited services, fueling a nearly 12 percent rise in Chinese imports in the third quarter amid… Source: http://www.joc.com

November 3, 2017
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Some New iPhone X Owners Facing Activation Issues (Juli Clover/MacRumors)

November 3, 2017

Juli Clover / MacRumors: Some New iPhone X Owners Facing Activation Issues  —  The iPhone X is now widely available across the United States, but some new iPhone X owners aren’t able to start using their new phones due to carrier activation issues and congestion.  —  On the MacRumors forums, a number of AT&T users … Source: http://www.techmeme.com

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Shoppers More Likely To Return Items Bought Online Than in Store

From a report: Almost a third of all online orders are returned compared to only 9% of purchases made in a brick-and-mortar store, according to Bloomberg. This is largely due to free shipping offered by most companies, which has also caused an increase of online purchases by almost three times those of physical stores. Why it matters: Returns can be costly for online companies — anywhere from 20-65% of the…

November 3, 2017
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ILA foreman convicted of defrauding NY-NJ terminal

A general foreman and member of the International Longshoremen’s Association (ILA) at APM Terminals in the Port of New York and New Jersey was convicted of fraudulently collecting salary of nearly $500,000 even though he was absent from the job for much of the time. A federal jury in the US… Source: http://www.joc.com

November 3, 2017
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Sources: hundreds of people at Twitter had access to tools to shut down accounts; account deletions similar to Trump happened before (Casey Newton/The Verge)

November 3, 2017

Casey Newton / The Verge: Sources: hundreds of people at Twitter had access to tools to shut down accounts; account deletions similar to Trump happened before  —  Donald Trump wasn’t the first account to suffer a ‘mic drop’  —  Last night, a rogue Twitter employee celebrated their last day with the company by deactivating President Donald Trump’s account. Source: http://www.techmeme.com

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Tech Companies Have a History of Giving Low-Level Employees High-Level Access

A reader shares a report (condensed for space): In the summer of 2010, Google fired a 27-year-old site reliability engineer named David Barksdale after it discovered that Barksdale had been accessing the Google accounts of four teens he met through a local Seattle tech group. The spying went on for months before it was reported, Gawker’s Adrian Chen wrote at the time. In one incident Chen described, a 15-year-old refused…

November 3, 2017
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