Duncan Riley
Latest from Duncan Riley
Japanese video game publisher Bandai Namco Holdings Inc. has been targeted in a cyberattack that may have resulted in data theft. The company, which publishes games such as “Pac-Man,” “Dragon Ball” and “Elden Ring,” is officially describing the attack as unauthorized access …
DHS review board declares Log4j an ‘endemic vulnerability’
The first report from the U.S. Department of Homeland Security’s Cyber Safety Review Board today declared Log4j an “endemic vulnerability.” Log4Shell first emerged in December and actively targeted vulnerabilities found in Apache Log4j, open-source software used by numerous companies. The initial vulnerabilities, including subsequent others, …
OpenSea lays off 20% of staff amid ‘crypto winter and broad economic instability’
Nonfungible token marketplace OpenSea has laid off around 20% of its staff amid ongoing turmoil in cryptocurrency and broader markets. OpenSea co-founder and Chief Executive Officer Devin Finzer revealed the news today on Twitter and also shared a letter he had sent to …
PitchBook: Despite economic issues, venture capital activity remains strong
Venture capital activity in the first half of 2022 has remained strong despite ongoing economic issues, according to the latest quarterly report released early Thursday by PitchBook-NVCA Venture Monitor. Reflecting numbers reported in its first look report last week, PitchBook-NVCA noted that while …
Automated services quoting solution startup Provus raises $12M
Automated services quoting solution startup Provus Inc. said today it has raised $12 million in new funding to strengthen its product and engineering teams and scale up its sales and marketing functions. Norwest Venture Partners led the Series A round, with Accel Partners, …
Celsius to file for bankruptcy amid claims that it’s ‘deeply insolvent’
Troubled cryptocurrency lending platform Celsius Network LLC said today that it’s preparing to file for Chapter 11 bankruptcy after being labeled “deeply insolvent” by Vermont’s Department of Financial Regulation. The decision by Celsius to file for bankruptcy came on the same day that Vermont’s …
Microsoft tapped to provide advertising on ad-supported Netflix tier
Neflix Inc. said today it has signed a deal with Microsoft Corp. that will provide the streaming giant with technology and sales support for an advertising-supported tier expected to be released later this year. Netflix first said that it was looking at …
CyberArk Secrets Hub offers simple, secure access to secrets on AWS
Information security company CyberArk Software Ltd. today announced a new security product for Amazon Web Services Inc., along with a range of enhancements for its existing product suite. The new product, CyberArk Secrets Hub, is designed to provide developers with a simple, secure and consistent …
Phone scam variant uses QuickBooks to trick victims into handing over details
Researchers at INKY Technology Corp. today detailed a new phone scam variant that uses QuickBooks to trick victims into handing over personal information. The scam involves scammers setting up free 30-day trial QuickBook accounts to send invoices to potential victims. The scammers send …
Blockchain gaming startup Animoca Brands raises $75M on $5.9B valuation
Blockchain gaming platform startup Animoca Brands Corp. Ltd. said today it has raised $75.32 million in new funding to fund strategic acquisitions, investments and product development, secure licenses for popular intellectual properties and advance the open metaverse. The investors in the round included …