Duncan Riley
Latest from Duncan Riley
Business planning platform startup Pigment raises $73M
Business planning platform startup Pigment SAS said over the weekend that it has raised $73 million in new funding to expand its footprint in the U.S. and European markets. Greenoaks Capital led the Series B round. Also participating in the round were FirstMark Capital and Blossom Capital. Including the new funding, Pigment has raised $98.9 million to ...
Hacker gains access to FBI server, sends out fake cybersecurity warnings
A hacker has gained access to the U.S. Federal Bureau of Investigation’s server and sent out thousands of fake cybersecurity warnings. The emails were sent on Saturday morning, Nov. 13, from the eims@is.fbi.gov address. The emails contained the subject line of “threat actor in systems” before going on to claim “our intelligence monitoring indicates exfiltration ...
‘BotenaGo’ malware found targeting millions of routers and IoT devices
A newly discovered form of malware that exploits dozens of flaws has been found to be attacking targeting millions of routers and “internet of things” devices. First detailed today by researchers at AT&T Alien Labs, the “BotenaGo” malware is written in the open-source programming language Golang and is being deployed with more than 30 different exploit functions ...
Microsoft and Meta partnership offers integration between Workplace and Teams
Microsoft Corp. and Meta Platforms Inc., the company previously known as Facebook, today said they have signed a partnership that will allow customers to integrate Meta’s Workplace with Microsoft Teams. Under the deal, employees will be able to access content from Workplace within Teams. Early next year, companies will be able to stream meetings and ...
ForgeRock shares drop in first earnings report after IPO
Shares in ForgeRock Inc. dropped in after-hours trading today after the digital identity management firm delivered its first quarterly earnings report since going public in September. ForgeRock reported revenue rose 38% from a year ago, to $44.2 million, for the quarter ended Sept. 30. It posted a loss before costs such as stock compensation of $12.1 ...
Affirm shares bounce on new Amazon deal and strong guidance
Shares in Affirm Holdings Inc. bounced in after-hours trading today after the payments company announced an expanded deal with Amazon.com Inc. and predicted stronger-than-expected December quarter revenue guidance. For the quarter ended Sept. 30, Affirm reported revenue rose 55% from the previous quarter. Adjusted operating loss came in at $45.1 million or 40 cents per share, compared ...
Bitcoin and Ethereum hit record highs on surging investor interest
Bitcoin and Ethereum hit a new record high in trading overnight as investors surge back into cryptocurrencies. Bitcoin hit a high of $68,525 at 11 p.m. Monday before investors took profits and drove the price down slightly during the day. Bitcoin’s previous high was just below $67,000 on Oct. 20. Ethereum also hit a record ...
Amazon-backed electric vehicle firm Rivian’s shares soar 43% after IPO
Updated: Shares of Amazon.com Inc.-backed electric vehicle firm Rivian Automotive Inc. soared 43% in their debut on the Nasdaq exchange after one of the biggest initial public offerings of the year. Late Tuesday, the company had set a price of $78 per share. Rivian, whose shares trade under the ticker symbol RIVN, had previously said that it ...
Twitter Blue subscription service launches with ad-free articles and undo feature
Twitter Blue, Twitter Inc.’s subscription service, is now available in the U.S. and New Zealand after a soft launch in Australia and Canada earlier this year. First rumored in May, the service costs $2.99 in the U.S. and offers a range of features meant to improve on Twitter’s standard service. The standout feature of the ...
Coinbase shares dive on weaker-than-expected revenue
Shares in Coinbase Global Inc. dived in after-hours trading today after the cryptocurrency exchange reported weaker-than-expected third-quarter revenue. For the quarter ended Sept. 30, Coinbase reported revenue of $1.234 billion, well up from $287 million in the same quarter of 2020 but down from $2.033 billion in the previous quarter. Profit in the quarter came ...









