Duncan Riley
Latest from Duncan Riley
In a case of a Unicron gone wild, Snapchat, Inc. has raised a new round of a staggering $650 million Series F on a valuation of $16 billion. Never shy of a pile of money, Snapchat’s last round closed in March and came …
Path sells its social networking apps to Daum Kakao
Path, Inc. will be looking for a new name shortly, with the startup having sold its core Path Classic and Path talk apps to South Korean internet company Daum Kakao Corp. The price of the acquisition was not disclosed. Founded in 2010 by …
Feds arrest Silk Road fake coupon seller on fraud, counterfeit charges
A Louisiana man was arrested on Thursday on charges relating to his sale of fake coupons on the now defunct Dark web marketplaces Silk Road and Silk Road 2.0 According to the Department of Justice (DOJ,) Beau Wattigney, aged 30, has been charged with …
Apple acquires augmented reality company Metaio
In its first serious move into the augmented reality space, Apple, Inc. has acquired German startup Metaio GmbH. Founded in 2003 as a spin-off from car manufacturer Volkswagen AG, Metaio makes a number of SDKs and toolkits that assist in the creation of augmented reality apps …
Google announces Android Pay to take the good fight to Apple, Samsung
Google, Inc. officially announced Android Pay at the Google I/O conference Thursday, a service that will take the good fight to rival services from Apple, Inc. and Samsung Electronics Co. Ltd. The new service, pitched as offering “security, simplicity, and choice,” combines …
Google Photos launches with unlimited storage, nifty new features
Google, Inc. has upped the ante in the photo storage space by launching Google Photos Thursday, complete with unlimited storage and some new, nifty features. The new service, which is a spin-off of the photo service from Google’s little used Google+ social …
Ellen Pao defends Reddit social justice agenda by citing user safety from being “attacked”
Ellen Pao confirmed Reddit’s intent to turn the site into a safe space Wednesday while using the argument that they don’t really want to censor users, but want to make sure people can post freely without being “attacked.” Speaking at the <Code> conference …
Report: Comcast could buy Vox, who bought Re/Code, and they’re all interestingly linked
Amid an orgy of IPO’s and acquisitions that is so 1999esque it’s scary, the latest rumor/ report takes us into incestuous territory with a claim that Comcast Corp. is looking to acquire Vox Media, Inc. According to Quartz, talks have occurred between …
Somebody think of the children! Twitch bans streaming of adult games
Amazon.com, Inc.’s video game streaming service Twitch has considered the statement “won’t somebody please think of the children” and decided to ban users from streaming any game that has an Adults Only (AO) rating. The ban affects popular games regularly streaming on the …
Clothing retailer Hot Topic acquires ThinkGeek for $122m
Clothing retailer Hot Topic, Inc. has acquired Geeknet, Inc., the company behind online retailer ThinkGeek for $122 million. ThinkGeek, for those not familiar with the store, is an online retailer that caters to, as the name may suggest, geeks. The company sells a …