Duncan Riley

Duncan Riley is a senior writer at SiliconANGLE covering Startups, Bitcoin, and the Internet of Things. Duncan is a co-founder of VC funded media company B5Media and founder of news site The Inquisitr, and was a senior writer at TechCrunch in its earlier days. Tips? Press releases? Intersting startup? email: duncan@nichenet.com.au or contact Duncan on Twitter @duncanriley

Latest from Duncan Riley

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 ...

Application security startup Contrast Security raises $150M on $1B+ valuation

Application security startup Contrast Security Inc. has raised $150 million in new funding to meet growing demand, further gain market share with accelerated global expansion plans and provide the company with additional flexibility to execute on strategic opportunities and acquisitions. Liberty Strategic Capital led the Series E round. Also participating were Warburg Pincus, Battery Ventures, General ...

Breach and attack simulation startup SafeBreach raises $53.5M for expansion

Breach and attack simulation startup SafeBreach Inc. had today announced that it has raised $53.5 million in new funding to fuel the company’s plans to expand its market footprint to new geographies and evolve its offerings in response to client needs. Sonae IM and Israel Growth Partners led the Series D round. Also participating in the round ...

REvil ransomware gang members and affiliates arrested in multiple raids

REvil ransomware gang members and affiliates have been arrested across the globe as law enforcement and authorities continue to target ransomware operators. Confirming what had been suspected since REvil announced it was shutting down on Oct. 18, the U.S. Department of Justice said two foreign nationals linked to REvil were arrested last month. The indictment, only ...

Social engineering attack on Robinhood affects 7M customers

Robinhood Markets Inc. has suffered a data breach, with the details of about 7 million customers stolen. The company said in a blog post that the “data security incident” was detected on Nov. 3 and involved an unauthorized third party obtaining access to personal information for a portion of customers. While not providing specific details, ...

$10M reward offered to track down the DarkSide ransomware gang

The U.S. Department of State is offering a reward of up to $10 million for information leading to identifying or locating any individuals who hold key leadership positions in the DarkSide ransomware gang. In addition, the State Department is also offering a reward of up to $5 million for information leading to the arrested or ...

Cybersecurity firms Fortinet, Cloudflare, NortonLifeLock and Netscout report solid earnings

It was a solid day for security-related companies across equities markets, as Fortinet Inc., Cloudflare Inc., NortonLifeLock Inc. and Netscout Systems Inc. today reported better-than-expected quarterly earnings results. Fortinet For the quarter ended Sept. 30, Fortinet reported total revenue of $867.2 million, up 33% year-over-year, while profit before costs such as stock compensation came in at ...

Square shares drop on lower-than-expected third-quarter revenue

Shares in Square Inc. dropped in after-hours trading today after the financial services company reported lower-than-expected revenue in its latest earnings report. For the quarter ended Sept. 30, Square reported revenue of $3.84 billion, up 27% from $3.03 billion in the same quarter of 2020. Revenue from bitcoin came in at $1.82 billion, up from ...

As its Didi valuation tanks, Uber reports its first adjusted profit

Uber Technologies Inc. delivered a mixed bag of results in third-quarter earnings, with the ride-hailing giant reporting its first adjusted profit while also having to write down its stake in Didi Global Inc. For the quarter ended Sept. 30, Uber reported revenue of $4.8 billion, up 72% year-over-year and up from $3.93 billion in the ...