Duncan Riley
Latest from Duncan Riley
The U.S. National Security Agency has re-awarded a $10 billion cloud computing contract to Amazon Web Services Inc. after it was forced to review the contract. Code-named WildandStormy, the contract was initially awarded to AWS in August. Because the deal concerns national …
Coca-Cola investigating possible Stormous data breach
Coca-Cola Co. is investigating a possible data breach after the Stormous ransomware gang claimed to have hacked the company and stolen data. Stormous claimed on its dark web page today that it had hacked some of Coca-Cola’s servers and had downloaded 161 gigabytes …
Tenable acquires external attack surface management startup Bit Discovery for $45.5M
Tenable Inc. today announced an agreement to acquire Bit Discovery Inc., an external attack surface management startup, for $45.5 million in an all-cash deal. Founded in 2018, Bit Discovery offers a platform for website asset inventory and portfolio management. The service provides …
Robinhood lays off 9% of employees, claiming duplicated roles and job functions
Popular no-commission stock and cryptocurrency trading platform company Robinhood Markets Inc. today announced that it’s cutting 9% of its full-time employees because of “duplicated roles and job functions” following its rapid growth in 2021. Robinhood Chief Executive Officer and co-founder Vlad Tenev …
F5 Networks shares drop on supply chain constraints
Share in network traffic management and security firm F5 Networks Inc. dropped in late trading after it warned of ongoing supply chain constraints for the second quarter. For the quarter ended March 31, F5 reported a profit before costs such as stock compensation of …
Client-side security startup Source Defense raises $27M to accelerate growth
Client-side security startup Source Defense Ltd. has raised $27 million in new funding to accelerate growth, including the expansion of sales, marketing, alliances, and research and development. Springtide Ventures led the Series B round. Also participating in the round were existing investors Jerusalem Venture …
Information services startup Capella Space raises $97M for radar imagery service
Information services startup Capella Space Corp. revealed today that it has raised $97 million in new funding to meet the growing demand for its high-resolution synthetic-aperture radar imagery, expand its analytics and imaging offerings and launch its next generation of newly designed satellites. NightDragon …
Self-driving car startup Pony.ai obtains taxi license in Guangzhou, China
Self-driving car technology startup Pony.ai Inc. has obtained a new taxi license in Guangzhou, China, the first robotaxi company to do so. Announced Saturday, the permit allows the company to operate 100 autonomous vehicles as traditional taxis in Nansha District of Guangzhou, one …
Apple’s next iPhone model could include satellite connectivity
Apple Inc. analyst Mark Gurman at Bloomberg today made several new predictions for the iPhone 14 ahead of its launch later this year, including the possible long-awaited launch of satellite connectivity. Reflecting similar predictions from Ming-Chi Kuo in March, Gurman predicts that the iPhone …
Infamous REvil ransomware gang appears to have returned to business
The infamous REvil ransomware gang appears to have returned to business months after being taken offline and members getting arrested. Researchers have spotted that the address used for REvil’s leak site has been redirected to a new site on the darknet, a shady …