Duncan Riley
Latest from Duncan Riley
Coinbase reports profit of up to $800M ahead of its direct listing
Ahead of its scheduled public offering April 14, Coinbase Global Inc. today released its quarterly financial data — and the numbers are impressive. For the quarter ended Dec. 31, Coinbase reported a stunning trading volume of $335 billion. Moreover, the company said that as of the end of 2020 its platform had assets of $223 billion, ...
LinkedIn users targeted by hacking group with fake job offers
A threat group called “Golden Chickens” is targeting professionals on LinkedIn with fake job offers with the intent to infect respondents with malware. As detailed today by cybersecurity firm eSentire Inc., the campaign is “spear-phishing” victims with a sophisticated backdoor Trojan virus that, when installed, gives the hacking group remote control over the victim’s computer. That ...
SoftBank pays $2.8B to acquire 40% stake in warehouse automation firm AutoStore
SoftBank Group Corp. said today it has invested $2.8 billion to acquire a 40% stake in Norwegian warehouse automation company AutoStore AS. SoftBank, Japan’s largest telecommunications companies and one of the world’s largest venture capital firms, acquired shares in the company from funds affiliated with Thomas H. Lee Partners L.P. and EQT Private Equity, among ...
Delivery service startup Enjoy to go public via SPAC in a $1.6B deal
Delivery service startup Enjoy Technology Inc. is the latest company planning to go public via a merger with a special-purpose acquisition company in a $1.6 billion deal. Enjoy, the brainchild of former Apple Inc. executive and Apple Store founder Ron Johnson, is planning to merge with Marquee Raine Acquisition Corp., a Nasdaq-listed SPAC that was ...
Top AWS executive Teresa Carlson joins Splunk as president and chief growth officer
Top Amazon Web Services Inc. executive Teresa Carlson early today joined big-data analytics company Splunk Inc. in the newly created role of president and chief growth officer. Carlson will report to Doug Merritt, Splunk’s chief executive officer, and will work closely with Splunk’s sales, customer success and marketing leaders to align and drive the company’s ...
Data from three universities published online in latest Accellion-related data breach
Three universities in the U.S. have had data stolen and published online in the latest data breaches related to a vulnerability in software from Accellion Inc. The universities targeted were Stanford University, the University of Maryland, Baltimore, and the University of California at Berkeley, with one commonality among them: The stolen data was published by the ...
Hackers are actively targeting FortiOS vulnerabilities, warn FBI and CISA
The U.S. Federal Bureau of Investigation and the Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency have released a joint cybersecurity advisory warning that hacking groups are actively targeting vulnerabilities in Fortinet Inc.’s FortiOS. While not naming which hacking groups that are targeting the operating system, the April 2 advisory describes them as advanced ...
533M Facebook user records offered on a hacking forum
A database containing details of 533 million Facebook users is being offered on a hacking forum. First spotted April 3 by Alon Gal, chief technology officer of Hudson Rock Ltd., the data was posted by a user called TomLiner on Raid Forums and is claimed to include user names, mobile phone numbers, gender, occupation, city, country, ...
Autonomous truck startup Plus raises $200M, explores public listing via SPAC
Autonomous truck startup Plus has raised $220 million in new funding and is reported to be in talks to go public via a merger with a special-purchase acquisition company. Reuters reported Wednesday that the company is in advanced talks with a few SPACs over a deal, with an announcement expected within a few weeks. The new ...
North Korean hackers are now using a fake security company to target researchers
Researchers at Google LLC’s Threat Analysis Group are warning that the same North Korean hackers who targeted security researchers earlier this year have now set up a new website and fake social media profiles for a fake company called “SecuriElite.” In the initial report in January, the Google researchers warned that the North Korean Advanced ...









