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Submission + - Tesla shocks Wall St. with huge earnings surprise and actual profits (bgr.com)

anderzole writes: Tesla on Wednesday posted its earnings report for the quarter gone by and investors will have a lot to cheer about. While analysts on Wall St. were expecting Tesla to post a loss, Tesla during its September quarter actually posted a profit, and an impressive profit at that. When the dust settled, Tesla posted a quarterly profit of $22 million and EPS of $0.71. Revenue for the quarter checked in at $2.3 billion.

Illustrating how impressive Tesla’s performance was this past quarter, Wall St. was anticipating Tesla to post a loss amid $1.9 billion in revenue for the quarter.

Submission + - Carriers to Implement Do Not Originate List to Defeat Robocalls

Trailrunner7 writes: An industry led strike force is preparing to take away one of the most valuable pieces of technology used by phone scammers: caller ID spoofing.

The Robocall Strike Force, convened by the FCC and comprising wired and wireline telecom companies, has been working since August on a handful of new technologies, standards, and other techniques to help address the robocall problem. On Wednesday, members of the strike force delivered their report to the FCC and said that a trial of a new Do Not Originate list has shown tremendous promise in preventing scammers from being able to spoof numbers belonging to government agencies, charities, and other legitimate organizations.

A trial of the DNO list that’s been running for the last few weeks on some IRS numbers has resulted in a 90 percent drop in the volume of IRS scam calls, officials from AT&T, which leads the strike force, said during the FCC meeting Wednesday. The carriers on the strike force, which include Sprint, Verizon, and many others, plan to continue testing the DNO list in the coming months, with the intent to fully implement it some time next year.

Submission + - Senator Asks FCC if ISPs Can Ban Insecure IoT Devices From Networks

Trailrunner7 writes: Sen. Mark Warner on Tuesday sent a letter to the chairman of the FCC expressing concern about the emergence of the Mirai botnet and asking whether ISPs should have the ability to prevent compromised IoT devices from connecting to their networks.

In his letter, Warner (D-Va.) said that the weak security of many embedded devices is at the heart of the success of Mirai, and pointed to poor security practices in the global supply chain as a big part of the problem. Warner, a leader of the Senate Cybersecurity Caucus, echoed concerns that many security experts have raised about IoT devices and the effect that their lax security can have not just on their users, but on the Internet in general.

“Would it be a reasonable network management practice for ISPs to designate insecure network devices as ‘insecure’ and thereby deny them connections to their networks, including by refraining from assigning devices IP addresses? Would such practices require refactoring of router software, and if so, does this complicate the feasibility of such an approach?” Warner asks.

Submission + - White House urges ban on non-compete agreements for many workers (reuters.com)

schwit1 writes: The Obama administration on Tuesday called on U.S. states to ban agreements prohibiting many workers from moving to their employers' rivals, saying it would lead to a more competitive labor market and faster wage growth.

The administration said so-called non-compete agreements interfere with worker mobility and states should consider barring companies from requiring low-wage workers and other employees who are not privy to trade secrets or other special circumstances to sign them.

Nearly every state allows non-compete agreements, and legal battles over their validity are common. Courts in determining whether the agreements are lawful generally focus on the length of time they are in effect, their geographical limits and whether employees had access to trade secrets.

The Obama administration on Tuesday also urged states to ban non-compete agreements that are not proposed before a job offer or promotion is accepted and said employers should not be able to enforce the agreements when workers are laid off.

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