Duncan Riley
Latest from Duncan Riley
Apple Inc. may be set to abandon its proprietary Lightning port and switch to USB-C, at least according to esteemed Apple analyst Ming-Chi Kuo. Kuo claimed today on Twitter that his latest survey indicates that in the second half of 2023, new iPhones will switch to …
ForgeRock sees shares fall on weak guidance, launches AI anti-fraud solution
Shares in ForgeRock Inc. dropped in late trading after the digital identity management company predicted a lower-than-expected earnings outlook. The company also announced a new artificial intelligence-driven anti-fraud solution. For the quarter ended March 31, ForgeRock reported a loss before costs such as …
Intel’s ‘Project Amber’ offers remote verification of trustworthiness
Intel Corp. today announced a new service code-named “Project Amber” designed to provide organizations with remote verification of trustworthiness in cloud, edge and on-premises environments. With a need for organizations to meet growing security needs, the service focuses on one of the …
Israeli startup Sunday Security raises $4M to protect senior executives
Israeli cybersecurity startup Sunday Security today revealed that it has raised $4 million in funding to elevate cyber-risk protection for senior executives and key personnel across the entire spectrum of their online digital identities and interactions. The seed round was led by MoreVC, with the …
Attack on Viasat satellite internet service blamed on Russia
An attack that resulted in widespread outages on the Viasat satellite internet service in February has officially been attributed to Russia. That Russia was likely to blame was always likely given the attack occurred ahead of the country’s invasion of Ukraine, but …
Coinbase shares plunge on big earnings and revenue miss
Shares in Coinbase Global Inc. plunged in late trading after the cryptocurrency exchange missed estimates in its latest quarter. For the fiscal first quarter ended March 31, Coinbase reported a net loss per share of $1.98 compared to a profit of $3.80 …
YL Ventures closes fifth fund with $400M to invest in Israeli cybersecurity startups
Venture capital firm YL Ventures GP Ltd. has closed its fifth fund with $400 million, the largest seed-stage cybersecurity fund ever raised. The YLV V follows on from YL’s fourth fund of $120 million in July 2019 and will be used to champion Israeli …
Illinois college closes partly from impact of cyberattack
A rural college in Illinois is closing down partly as a result of a cyberattack that struck the education facility in December. Lincoln College described the attack only as a “cyberattack” that thwarted admissions activities and hindered access to all institution data, …
Uber to slash marketing and incentive costs, treat hiring as a ‘privilege’
Uber Technologies Inc. Chief Executive Dara Khosrowshahi has told staff in an email that the company plans to slash costs on marketing and incentives and will treat hiring as a “privilege.” The email, which was sent to staff on Sunday, according to CNBC, …
Bitcoin drops to lowest level since July amid broader fall in equity markets
The price of bitcoin dropped below $30,000 today, its lowest since July 2021, as investors sold the cryptocurrency amid a broader fall in equity markets. Although it’s easy to pay attention to the drop in bitcoin alone, the Dow Jones Industrial Average …