Duncan Riley
Latest from Duncan Riley
Database of 700M LinkedIn users found for sale on a hacking forum
A database with details of 700 million LinkedIn users has been found for sale on a hacking forum. The database has been offered for sale since June 22 by a user called TomLiner on Raid Forums, including a sample of 1 million records provided to prove the claim. However, no price was listed to purchase ...
Cloud tax practice management startup Canopy raises $11M
Cloud tax practice management platform startup Canopy Tax Inc. today announced it has raised $11 million in new funding to keep building out its accounting industry modern practice suite. Ankona Capital led the Series C round. Other investors included NewView Capital, Pelion Venture Partners and Tenaya Capital. Founded in 2014, Canopy offers cloud-based tax workflow management software ...
Microsoft warns SolarWinds hacking group Nobelium is targeting its customers
Microsoft Corp. has warned that Nobelium, the Russian-linked hacking group behind the attack on SolarWinds Worldwide LLC, is active again and targeting Microsoft customers. The Nobelium hacking group was last in the headlines in May. Microsoft warned at the time that the gang had targeted more than 150 organizations in a phishing campaign, with malicious emails disguised ...
Microsoft releases first preview edition of Windows 11, full launch may be October
A little under a week after making it official, Microsoft Corp. has released the first insider preview edition of Windows 11 and has teased that the full release may be coming in October. News that Microsoft was working on a new version of Windows came unexpectedly earlier this month when screenshots leaked showing that Microsoft ...
Shares in financial services company Payoneer drop on SPAC debut
Shares in online financial services company Payoneer Global Inc., a company often compared to PayPal Holdings Inc., dropped on their Nasdaq debut today after it completed a special-purchase acquisition company merger with FTAC Olympus Acquisition Corp. The $3.3 billion deal, announced in February, included Payoneer receiving $300 million from Wellington Management, Dragoneer Investment Group, Fidelity Management & ...
Facebook hits $1T market cap as FTC antitrust lawsuit is dismissed
Shares in Facebook Inc. surged today following a court ruling dismissing an antitrust complaint brought by the U.S. Federal Trade Commission. The 4% rise in Facebook’s share price catapulted the company’s market cap to $1 trillion for the first time. In passing $1 trillion, Facebook has become the fifth listed company in history to reach ...
World’s largest cryptocurrency exchange Binance has been banned in the UK
Binance Markets Ltd., the world’s largest cryptocurrency exchange by volume, has been banned in the United Kingdom. The decree came from the U.K. Financial Conduct Authority. The authority said in a statement Saturday that Binance is “not permitted to undertake any regulated activity in the U.K.” without “prior written consent of the FCA.” The authority ...
REvil ransomware gang targets French Connection and Grupo Fleury
Clothing maker French Connection Group plc and Brazillian medical diagnostic company Grupo Fleury are the latest companies targeted by the REvil ransomware gang. The attack on French Connection, also known as FCUK, was first reported by The Register. It involved the REvil gang exploiting a security vulnerability in the company’s backend. As a result, internal ...
Shares in BlackBerry up slightly on mixed bag of earnings results
Shares in BlackBerry Ltd. rose slightly in after-hours trading today after the company delivered a mixed bag of earnings results. For the quarter ended May 31, BlackBerry reported revenue of $174 million, down 16% from the same quarter last year. The company, now mainly a cybersecurity firm with a growing “internet of things” business, reported ...
Andreessen Horowitz raises $2.2B for third blockchain and cryptocurrency fund
Silicon Valley venture capital firm Andreessen Horowitz said today it had raised a formidable $2.2 billion for a third fund to invest in blockchain and cryptocurrency. The venture capital firm, founded by Marc Andreessen (pictured) and Ben Horowitz, said that the fund would allow a16z, as it’s commonly known, to continue investing in crypto networks and ...









