I pinpointed the problem - micro USB connector on the Glo went bad. Everything works like it used to after soldering a new one, case closed.
Re Calibre version - I don't use extended Kobo support (collections etc.), I just use Calibre to conveniently manage my offline collection and to sideload selected epubs to my Glo. I don't purchase books from Rakuten since it doesn't have a store in my country.
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