Duncan Riley
Latest from Duncan Riley
Snap Inc. reportedly is about to begin laying off around 20% of its workforce as soon as Wednesday, according to a report published today in The Verge. The layoffs are said to hit some departments harder than others, with a team working on …
Strong growth drives CrowdStrike earnings beat, revised outlook
Shares in CrowdStrike Holdings Inc. were flat in late trading despite the cybersecurity company reporting a solid earnings beat and a revised outlook thanks to continuing strong growth. For its second quarter that ended July 31, CrowdStrike reported a profit before costs such …
Recurve, an open-source platform for virtual power plants, raises $18M
Recurve Analytics Inc., an open-source platform for virtual power plants, said today it has raised $18 million in new funding to accelerate the transition to clean energy by reducing stress on the grid during periods of high demand. The startup’s Series B round …
Solinftec debuts new robot designed to detect and spray weeds
Agricultural robotics startup Solinftec has today announced an expansion to its robotics lineup with the Solix Sprayer, a robot designed to detect and spray weeds. Designed in partnership with McKinney Corp. which is producing and manufacturing the robot, the Solix Sprayer is described …
Beqom acquires continuous performance management startup Our Tandem
Compensation management solutions provider beqom SA revealed today that it has acquired continuous performance management platform startup Our Tandem for an undisclosed price. Founded in 2016, Our Tandem offers a performance management system designed to sit in the flow of work, integrating with …
Researchers find malicious plugins on 25,000 WordPress sites
A new study from Georgia Institute of Technology researchers has found malicious plugins installed on some 25,000 WordPress websites. The researchers analyzed backups from over 400,000 web servers and found 47,337 malicious plugins across 24,931 unique WordPress sites using a web development …
Hackers used Twilio breach to intercept Okta onetime passwords
Hackers behind a phishing attack that compromised accounts on cloud communications provider Twilio Inc. used their access to intercept onetime passwords issued by Okta Inc. The hack on Twilio took place on Aug. 4 and involved the theft of employee credentials that in …
Twilio and Cloudflare hackers have now breached 130 organizations
The same hacking group that successfully breached Twilio Inc. and attempted to breach Cloudflare Inc. earlier this month is now believed to have breached more than 130 organizations in the same phishing campaign. As detailed today by researchers at Group-IB Global Pvt. Ltd., the …
Affirm shares plunge on earnings miss, lower-than-expected outlook
Shares in Affirm Holdings Inc. plunged in late trading after the payments company missed forecasts on quarterly earnings and offered a lower-than-expected outlook for the quarter ahead. For its fiscal fourth quarter that ended June 30, Affirm reported a net loss of …
Sumo Logic delivers earnings beat, solid outlook on continued revenue growth
Data analytics software firm Sumo Logic Inc. reported an earnings beat and a slightly better-than-expected outlook for its fiscal second quarter as its revenue continues to grow. For the second quarter ended July 31, Sumo Logic reported a loss even before costs such as …