Duncan Riley
Latest from Duncan Riley
After Microsoft pegged two attackers in December, Chinese hackers linked to SolarWinds hack
Microsoft Corp. identified in December that a second suspected nation-state actor was involved in the now infamous hack of SolarWinds Worldwide LLC, but up until today the narrative in the mainstream media has been that it was just Russian hackers despite proof to the contrary. Although Russian hackers may well have been involved, finally it’s now ...
Digital LGBTQIA+ healthcare startup FOLX Health raises $25M
FOLX Health Inc., a startup designed to offer online digital health care services to the LGBTQIA+ community, announced today it has raised $25 million in new funding to expand its services to all 50 U.S. states and increase its products and services. The Series A round was led by Bessemer Venture Partners and included Define Ventures and ...
Uber acquires alcohol delivery startup Drizly for $1.1B
Uber Technologies Inc. today said it has acquired alcohol delivery startup Drizly for $1.1 billion in stock and cash. Founded in 2012, Drizly offers alcohol delivery in 1,400 cities across the U.S. and Canada. The company works directly with local beer, wine and spirit merchants to offer thousands of “new, local, well-known and not-so-well products.” ...
Apple hires Porsche chassis developer as car project moves ahead
Apple Inc.’s long-fabled car project continues to take a step closer to reality. The iPhone maker reportedly has hired a former Porsche executive, and it’s also reported to be close to finalizing deals with automotive partners. The company’s varying efforts to build an autonomous electric vehicle date back to 2014 with various stumbles across along ...
1.4M unemployment records stolen in Washington state data breach
The records of at least 1.4 million people who have made unemployment claims in Washington state have been stolen following a data breach at the state auditor’s office. In a statement today, the Office of the Washington State Auditor said that it had been made aware of a security breach involving software they use from Accellion ...
IBM denies claim it greatly scaled back its blockchain unit
International Business Machines Corp. today denied a report that claims it has greatly scaled back its blockchain unit and laid off the majority of the unit’s staff. The report, from Ian Allison at Coindesk referencing “four people similar with the situation,” said IBM has cut its blockchain team down to almost nothing after failing to ...
Robinhood raises additional $2.4B amid ongoing frenzy around GameStop
Robinhood Market Inc. today said it has raised an additional $2.4 billion on top of the $1 billion it raised last week to give it enough capital to survive the frenzy in retail trading that started with the mass buying of GameStop Corp. shares. The new funding was led by Ribbit Capital and included existing investors ICONIQ ...
Google to shut down Stadia game development studio
Google LLC today announced it’s shutting down its Stadia game development studio in a possible sign that all is not well with its cloud gaming service. Stadia, announced in March 2019, allows users to stream games through Google’s data centers, negating the need to have high-end hardware and allowing users to play high-end games on ...
Vulnerability in Azure Functions allows an attacker to escape to the Docker host
A newly discovered vulnerability in Microsoft Azure Functions can allow an attacker to escalate privileges and escape the Azure Functions Docker container to the Docker host. Azure Functions, Microsoft Corp.’s equivalent to Amazon Web Services Inc.’s Lambda service, is a serverless computing service launched in 2016. It allows users to establish automated action triggers in response ...
Customer data stolen in hack targeting UScellular
United States Cellular Corp., the country’s fourth-largest wireless carrier, has been hacked with customer information stolen. The hack came to light through a Jan. 21 disclosure to the Office of the Vermont Attorney General that said a “data security incident” was detected Jan. 6. A letter to customers states that a “few employees in retail stores ...