Duncan Riley
Latest from Duncan Riley
Databricks reportedly raising $1.5B on a $38B valuation
Databrinks Inc. is reportedly raising at least $1.5 billion in new funding on a valuation of $38 billion despite previous reports that it was planning on going public this year. Bloomberg, citing three people familiar with the terms, said Morgan Stanley will lead the round. The report added that the round could grow even larger ...
Facebook’s David Marcus says Novi digital wallet is ready to go
Facebook Inc. says its long-awaited digital wallet Novi is ready to come to market. In a post on Medium today, Marcus (pictured), the head of F2, for Facebook Financial, said the Novi wallet will be integrated into the Facebook app. However, he did not give a specific time as to when that will happen other than ...
In its first post-IPO earnings, Robinhood shares plunge on revenue outlook
Shares in Robinhood Markets Inc. plunged in after-hours trading today after the company warned that a slowdown in trading would affect revenue in the coming quarter. In its first post-initial public offering earnings report, Robinhood reported revenue of $565 million for the quarter ended June 30, up from $244 million in the same quarter of ...
Government report finds Census Bureau hacked but data not stolen
The U.S. Census Bureau was targeted by a cyberattack last year that compromised some systems but did not result in the theft of census data, according to a new report from the Office of the Inspector General. The attack, said to have taken place in January 2020, involved the attackers gaining access to servers providing ...
Ransomware attack knocks out systems at Ohio and W. Virginia healthcare provider
The Memorial Health System, a healthcare provider in Ohio and West Virginia, has been struck by a ransomware attack that knocked systems offline and forced hospital staff to use paper charts. The ransomware attack, detected on Aug. 15, was described by Memorial as an information technology security incident. As a result, user access to IT applications ...
Intel shutting down RealSense division to focus on core chip business
Intel Corp. is shutting down its RealSense artificial-intelligence vision division to focus on its core chip business, according to a report from CRN. An Intel spokesperson told CRN that it would honor current customer commitments and apply the technical expertise it had developed through the division to support other functions within its core business. “We ...
Critical vulnerability in security cameras opens the door to attackers
A critical vulnerability in internet-connected security cameras can allow an attacker to remotely watch live video and gain access to networks. Discovered and detailed today by researchers at FireEye Inc. Mandiant, the vulnerability relates to the Kalay network offered by ThroughTek Co. Ltd. Kalay provides a system for connecting smart devices with mobile applications and is offered ...
BlackBerry QNX flaw prompts warnings from government authorities
A newly disclosed flaw in software from BlackBerry Ltd. has resulted in warnings from U.S. government authorities due to its serious nature. The flaw, described as a BadAlloc vulnerability, has been founded in BlackBerry’s QNX Real Time Operating System. QNX is a commercial Unix-like real-time operating system primarily used in embedded systems. The software can ...
SailPoint’s new Workflow offering automates complex and repetitive tasks
Cloud enterprise identity security company SailPoint Technologies Holdings Inc. announced a number of new capabilities today at its Navigate 2021 conference, led by Workflow, a service to automate tasks. Sailpoint’s Workflow, offered on a software-as-a-service basis, is pitched as allowing users to automate complex and repetitive tasks by creating a workflow from scratch or to ...
US terrorist watchlist found exposed on unsecured cloud storage
A terrorist watch list compiled by the U.S. government with 1.9 million records has been found exposed online in the latest case of unsecured cloud storage. Detailed today by security researcher Bob Diachenko, the watch list was discovered on an exposed Elasticsearch cluster on July 19. The list came from the Terrorist Screening Center, a ...









