Good morning! Here’s the technology news you need to know this Tuesday morning.
1. There’s a massive flaw in a security protocol which protects Wi-Fi, researchers have found. The flaw, which affects most Wi-Fi enabled devices, could allow hackers to thieve information like photos, credit card details, and more.
2. Facebook has acquired an app called tbh which lets teens create polls for themselves and their friends. The app has been downloaded by more than 5 million people.
3. SoftBank’s multi-billion dollar investment in Uber will be finalised next week, according to Uber board member Arianna Huffington. SoftBank is planning to buy a 14% to 20% stake through its $US93 billion Vision Fund.
4. Netflix beat its subscriber growth targets, adding 5.3 million during the third quarter. That’s despite a price hike which the firm needs to fund its massive $US8 billion (£6 billion) investment in programming next year.
5. Leaked figures show UberEats is a bright spot in Uber’s financials, bringing in $US3 billion (£2 billion) in gross sales this year. The food delivery service accounts for 8-10% of Uber’s bookings.
6. Microsoft’s fight with the US Department of Justice over handing over customer emails will go to the Supreme Court. The court will review whether law enforcement can use search warrants on emails stored outside the US.
7. A former Uber executive, Emil Michael, has moved to dismiss a case alleging he mishandled a confidential medical file on a victim raped by an Uber driver in India. Michael said in the filing that the issue wasn’t his fault.
8. Facebook is testing out a CV feature that would put it into direct competition with LinkedIn. The trial feature lets you add your experience, education, and contact information in a CV-style format.
9. Venture capital firm Draper Esprit will invest $US100 million (£89 million) into European seed funds, initially investing in Seedcamp and Episode 1 Ventures. The cash will fill a major hole left by an EU fund after Brexit.
10. Chinese smartphone makers have the worst environment impact, according to an annual Greenpeace report looking at the major manufacturers. Brands like Oppo, Vivo, and Xiaomi ranked bottom of the list, while Fairphone tops the rankings.
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