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Tech companies respond to WiFi exploit, and more news

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News Editor Poppie Mphuthing brings you the top stories trending on LinkedIn.

WIFI KRACK
Technology companies are responding to a new exploit that can potentially affect all WiFi networks, according to The Verge. Microsoft has already released a patch for supported Windows versions. Google says it will release a fix for vulnerable devices in the next few weeks.

NORDSTROM
The Nordstrom family said it’s suspended exploring taking the company private until after the holiday season, reports CNBC. Nordstrom stock tumbled 6.2% in premarket trading on Monday following the news.

IPHONE
Apple's iPhone 7 is outselling its replacement based on carrier store surveys, according to an analyst report from KeyBanc Capital Markets. This suggests the iPhone 8, which was released last month, isn’t enough of a draw for customers to opt for an upgrade.

Producer: Poppie Mphuthing
Video Editor: Wesley Wingo

Published in: Business
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