Duncan Riley
Latest from Duncan Riley
NortonLifeLock Inc.’s acquisition of Avast plc has a hit a spanner in the works as the U.K. government put the deal on hold until further information is provided. The U.K. Competition and Markets Authority have ruled that the deal raises competition concerns …
SentinelOne buys Attivo for $616.5M, but shares drop despite strong earnings report
Shares in SentinelOne Inc. dropped in late trading today despite beating expectations in its latest earnings report on the same day the cybersecurity provider announced it has agreed to acquire Attivo Networks Inc. for $616.5 million. For the quarter ended Jan. 31, SentinelOne …
Smartsheet shares drop on lower-than-expected outlook
Shares in work management platform provider Smartsheet Inc. dropped in extended trading today after the company reported a lower-than-expected outlook in its quarterly earnings report. For the quarter ended Jan. 31, Smartsheet reported a loss before certain costs such as stock compensation of $15.5 …
Israeli compensation and benefits benchmarking startup Compete raises $15M
Israeli compensation and benefits benchmarking startup Compete HR Ltd. today announced that it has raised $15 million in new funding to drive its U.S. expansion and bolster its global teams. Tiger Global led the Series A round and Aleph and Vine Ventures …
AI-powered cybersecurity insurance provider Cowbell Cyber raises $100M
Artificial intelligence-powered cybersecurity insurance provider Cowbell Cyber Inc. announced today that it has raised $100 million in new funding. The new funding will be used to increase its investment in data science, underwriting, risk engineering and claims management, expand go-to-market channels and support Cowbell Re, …
German subsidiary of Russian oil company Rosneft targeted by Anonymous
Rosneft Deutschland, the German subsidiary of Russian state-owned oil company PJSC Rosneft Oil Co. has been hit by a cyberattack, with hackers linked to Anonymous claiming responsibility. According to The Local de, the German Federal Office for Information Security said today that …
Data stolen in cyberattack targeting another Toyota supplier
Two weeks after Toyota Motor Corp. was forced to halt manufacturing at its plants in Japan following an attack on supplier Kojima Industries Corp., another Toyota supplier has been targeted in a cyberattack. The latest attack involved Denso Corp., a global automotive …
Foxconn reportedly in talks to build a multipurpose factory in Saudi Arabia
Hon Hai Precision Industry Co. Ltd., better known as Foxconn, is reported to be in talks with Saudi Arabia about jointly building a multipurpose factory. People familiar with the matter told The Wall Street Journal that the factory would be valued at …
Facebook fails to take down grooming sites targeting pre-teens
Problems with content moderation on Meta Platforms Inc.-controlled platforms, particularly Facebook, have been detailed over the years, but at a time the company should be getting better, it appears it’s not. In a disturbing report today for Wired, Lara Putnam details how she …
Apple may feature A16 chip only in higher-end iPhone 14 models
Famed Apple analyst Ming-Chi Kuo has some new predictions for the upcoming iPhone 14 range, and they may disappoint some Apple Inc. fans. Kuo predicts four new iPhones will be launched in the second half of the year: the iPhone 14 at …