Duncan Riley
Latest from Duncan Riley
Twitter Inc. changed its terms of service Wednesday to ban non-consensual intimate photos or videos, a.k.a. revenge porn. If you’re not familiar with the concept, revenge porn is sexually explicit media that is publicly shared online without the consent of the pictured …
Uber competitor Lyft raises $530 million Series E on $2.5 billion valuation
Ridesharing startup and Uber Inc. competitor Lyft Inc. is said to have raised a $530 million Series E in a round led by Rakuten Inc. that included Fortress Investment Group. The Wall Street Journal reported the round was based on a $2.5 billion valuation. …
Snapchat raises yet another round, this time its $200m Series E from Alibaba on a $15b valuation
The money never seems to stop for chat application Snapchat Inc. with news today that they’re taking a new round from Chinese e-commerce giant Alibaba Group Holding Ltd. Bloomberg Business has the scoop and claims the round is $200 million Series E on …
SaaS business intelligence startup Looker raises $30 million Series B
Software as a Service (SaaS) business intelligence startup Looker Data Sciences Inc. (Looker) has raised $30 million Series B in a round led by Meritech Capital Partners that included Sapphire Ventures, and previous investors Redpoint Ventures, First Round Capital and PivotNorth. Based in Santa …
Investigation starts into creator of Apple Watch default app The Whole Pantry for fraud, fake cancer story
Consumer Affairs Victoria, Australia, and possibly Victoria Police are said to be investigating Belle Gibson, the creator of popular iOS, and Apple Watch default app The Whole Pantry. Authorities are looking into allegations of charity fraud, and that she deceived the public …
Bain Capital acquires security and networking solutions provider Blue Coat for $2.4 billion
Security and networking solutions provider Blue Coat Systems Inc., has been acquired by Bain Capital in a deal reported to be $2.4 billion including debt. Based in Sunnyvale, CA, Blue Coat offers a range of products across security, WAN optimization, personal security …
Hyperconnectivity startup SimpliVity raises $175 million Series D
Hyperconnectivity startup SimpliVity Inc. has raised $175 million Series D in a round led by Waypoint Capital that included previous investors Accel Partners, Charles River Ventures, DFJ Growth, Kleiner Perkins Caufield & Byers Growth and Meritech Capital Partners. Founded in 2009, SimpiVity’s …
Android 5.1 released with dual SIM card support, HD voice and enhanced device protection
Google Inc. rolled out the latest edition of its mobile operating system Monday with a number of new features. Android 5.1, which unlike Android 4 releases hasn’t been given a unique name (it’s still Lollipop), has as its new features support for …
RIP: Facebook is closing Friendfeed April 9
Facebook Inc. has announced that it will close social network Friendfeed April 9th. Acquired by Facebook in 2009 for a rumored $50 million, the site offered a news feed style layout that allowed users to share links and content in real time. …
VC funded tech site Gigaom shuts after running out of money
Pioneering tech blog Gigaom today announced that it was ceasing trading due to an inability to pay its bills. Founded by former Forbes writer Om Malik in 2006, Gigaom was among the first wave of big, influential tech blogs that emerged in the …