Duncan Riley
Latest from Duncan Riley
San Francisco opposes robotaxi expansion after erratic behavior of vehicles
San Francisco authorities are opposing an expansion of self-driving robotaxi services in the city because of ongoing issues and erratic behavior demonstrated by driverless vehicles within its borders. The San Francisco Country Transportation Authority is opposing two applications by Alphabet Inc.-owned Waymo LLC and General Motor Co.’s Cruise to expand their services. The agency claims ...
White House calls on Congress to toughen cryptocurrency laws
The White House published a so-called “roadmap to mitigate cryptocurrencies’ risks” on Friday that calls on Congress to toughen laws on dubious players in the industry. The long-winded statement highlights some of the negative stories from last year, stating that though cryptocurrency might be relatively new, “the behavior we have seen some cryptocurrency companies exhibit ...
Amazon reportedly planning a nonfungible token initiative in the second quarter
Amazon.com Inc. is reportedly planning a nonfungible token initiative in the second quarter that could involve customers playing games to earn tokens. Blockworks, citing four sources familiar with the matter, said today that Amazon has been shopping its digital assets enterprise to power players in the industry, including layer-1 blockchains, blockchain-based gaming startups and developers ...
Stripe reportedly considering public offering in the next 12 months
Stripe Inc. is reportedly considering going public in what could be the biggest initial public offering of a tech startup in recent times. The Wall Street Journal reported today that co-founders Patrick and John Collison have told employees that the company has set a goal of going public or allowing employees to sell shares through a secondary ...
Law enforcement operation seizes infrastructure belonging to Hive ransomware group
A joint operation between law enforcement agencies in North America and Europe has resulted in the infrastructure of the Hive ransomware group getting taken offline. The takedown, led by the U.S. Federal Bureau of Investigation, was announced today. It involved what officials called a “21st-century cyber stakeout,” with agents first infiltrating the group and its ...
Shares of cybersecurity firm NetScout soar on strong earnings beat
Shares in NetScout Systems Inc. soared in regular trading today after the cybersecurity company delivered a strong earnings beat in its fiscal third quarter. For the quarter that ended Dec. 31, NetScout reported earnings before costs such as stock compensation of $73 million, or $1 per share, up from $66.5 million, or 89 cents per ...
Microsoft services suffer downtime following failed wide-area network update
Microsoft Corp. customers were none too pleased today after the company suffered a widespread outage that resulted in services including Azure, Teams and Outlook being unavailable for nearly three hours. The outage resulted from a planned update to the Microsoft Wide Area Network that started at 2 a.m. EST. According to an Azure status update, ...
As car orders soar, Tesla shares surge on fourth-quarter earnings beat
Shares in Tesla Inc. surged in late trading today after the electric car and solar panel maker reported a strong beat in its latest earnings report. For the quarter that ended Dec. 30, Tesla reported earnings of $1.19 per share, on revenue of $24.32 billion, up 37% year-over-year. Analysts had expected earnings of $1.13 a ...
Integrated testing platform startup AtomicJar raises $25M
AtomicJar Inc., the company behind the open-source library Testcontainers, today announced that it has raised $25 million in new funding to expand data support and improve the shift-left development experience with Testcontainers Cloud. Founded in 2021 by the team behind Testcontainers, AtomicJar offers an integrated testing platform that enables developers to build databases and web frameworks. ...
North Korean threat actor targets cryptocurrency with new methodologies
A new report from Proofpoint Inc. today details a revamped state-sponsored North Korean threat actor that has been actively targeting cryptocurrency holders and exchanges using new methodologies. Dubbed TA444, the group has been active since at least 2017 and in 2022 turned its attention to cryptocurrency. It has overlaps with public activity from groups that include APT38, ...









