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Alibaba reportedly mulling to raise $20B through a second listing in Hong Kong – TechCrunch

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Massive news just dropped for Hong Kong’s capital markets. Alibaba, one of the world’s largest tech companies, is considering raising $20 billion through a second listing in Hong Kong, Bloomberg reported on Monday citing sources.

TechCrunch has reached out to Alibaba for comment and will update the story if and when we have more information. Alibaba said it doesn’t comment on market rumors when reached out by TechCrunch.

Unnamed people told Bloomberg that the money raised in Hong Kong is intended to help Alibaba “diversify funding channels and boost liquidity.” The Chinese ecommerce behemoth is aiming to file a listing application confidentially as early as the second half of 2019, according to the report. That would come five years after Alibaba famously scored a record $25 billion listing on the New York Stock Exchange following Hong Kong’s refusal to approve its filing due to rules around company structure.

But the Hong Kong Stock Exchange is becoming an increasingly popular destination for public offerings that put Chinese tech businesses closer to investors at home, as my colleague Jon Russell explained in 2017. The turning point came when the bourse finally introduced dual-class tech stock listings last year, a major appeal that helped HKEX attract such tech darlings as smartphone maker Xiaomi and food delivery service Meituan Dianping.

The news also arrived at a time when Chinese tech firms are coping with increasing hostility in the US amid a series of prolonged trade negotiations. Huawei and dozens of its affiliate companies were hit hard after the US placed them on its ‘entity list’, meaning American companies need to seek approval from the government before doing business with these Chinese firms. Just last week, China’s largest chipmaker announced that it would delist from the NYSE and focused on its existing Hong Kong listing, although the company claimed the plan had been brewing for some time and had nothing to do with the trade war.

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How To Fix Your OnePlus When It’s Charging Slowly

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First, examine your phone’s USB port under a bright light from different angles. Unless you scrub the port every few months, you’ll find dirt and grime lodged into its crevices. Moisture can also harden the build-up, making it difficult to scrape off. But with the right tools and a bit of elbow grease, you can wipe all the dust and debris from your OnePlus charging port.

You’ll need a flashlight or lamp, a toothpick or a cotton bud, and a compressed air duster or bulb syringe. Experts recommend using wooden toothpicks or cotton swabs because they’re non-conductive and don’t interfere with the circuitry. Sharp metal implements like thumbtacks and safety pins can scratch and damage the fragile USB port (via Asurion). Also, avoid blowing air on the phone because your breath contains moisture, making the cleaning even trickier.

To get started, turn off your OnePlus. And use the compressed air duster or bulb syringe to clear out any loose dust and dirt. Next, gently and carefully scrape the build-up with the toothpick or cotton bud. Use a flashlight or lamp to reach the tight corners. You can also tilt the phone or give it slight taps to clear out the scrapings. Finish off with a few more bursts of compressed air. Turn your phone on and test if the slow charging is fixed.

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The 10 Best Aftermarket Parts For Your Ford Bronco

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For those unfamiliar with the tools of the great outdoors, a winch is a device that employs a spool, a length of cable, usually steel braided, and a hook of some kind to aid in several tasks. The most common use of a winch on a 4X4 is to help it get out of a stuck situation. Should your Bronco get mired in mud or fail to overcome a big rock, letting out the winch cable and hooking it onto something solid, like a stout tree, enables the winch to pull it to freedom.

Winches come with various levels of power and cable types and can be installed in various locations. For the purposes of an offroad Bronco, the front bumper is ideal. Not only can it get itself out of a sticky situation, but you can also help a friend by pulling them to safety. Winches can also be set to task as tools. In an emergency, for example, a winch can help to remove a fallen limb somewhere or to drag a heavy object from a body of water.

The Drive notes that winches can be electric, which is handy as the Bronco comes with auxiliary switches for accessories, or hydraulic, running off a power steering pump. Cost ranges from around $350 to $900 and some of the most popular brands are Warn and Superwinch.

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Here’s Why You Need To Stop Using Internet Explorer Immediately

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Why should you change web browsers now that Internet Explorer is at its final end? It all comes down to security. Internet Explorer is about to become inarguably insecure software, with a security level that grows ever weaker from this point forward.

Web browsers are regularly updated with new security measures and fixes to potential exploits that could allow an outside party to do all sorts of unpleasant things to your system. Stealing personal information, acquiring credit card or bank account numbers, learning passwords to one or more of your various online services, that kind of thing. Keeping your browser up-to-date reduces the risk of being compromised, and can often remove weaknesses you may not have even known were there.

By continuing to use a web browser after support has been halted, you’re leaving yourself vulnerable to attacks from cagey web links, spam emails, and so on. With no more updates on the horizon, any exploits found from here on out will never be patched up — and you probably won’t even be made aware of them since nobody is maintaining the software anymore. The longer you wait to switch to a new browser, the greater the risk.

Dropped web browser support also means non-security updates are also off the table. No more new features, no eventual improvements to clunky design, and perhaps most importantly: no compatibility updates. At some point, certain basic features just won’t work with an outdated browser anymore. Like it or not, Internet Explorer’s time is up — for real, this time.

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