Duncan Riley, Author at SiliconANGLE

Emerging Tech

Despite impressive earnings, Uber shares drop from Didi stake

By Duncan Riley Aug 4, 2021

Shares in Uber Technologies Inc. dropped in after-hours trading today after the ride-hailing giant reported impressive figures that were slanted by onetime profits in its second-quarter earnings. For the quarter ended June 30, Uber…

Security

Italian vaccine booking site taken offline in ransomware attack

By Duncan Riley Aug 3, 2021

A ransomware attack has taken government systems offline in the Lazio region of Italy, including the local COVID-19 vaccination registration site. Lazio is one of the most populous regions of Italy and includes the…

Security

Bipartisan Senate report finds federal agencies continue to suffer cybersecurity shortcomings

By Duncan Riley Aug 3, 2021

A bipartisan report released by the U.S. Senate Homeland Security and Governmental Affairs Committee has found that federal agencies continue to suffer shortcomings in their cybersecurity posture. The report, a follow-up to an investigation…

Security

Cerberus Sentinel acquires managed service provider VelocIT

By Duncan Riley Aug 3, 2021

Cerberus Cyber Sentinel Corporation today announced that it has acquired managed service provider VelocIT for an undisclosed sum. Based in New Jersey, VelocIT offers a suite of managed IT products that are pitched as…

Emerging Tech

Lyft shares flat on strong quarterly revenue but weak guidance

By Duncan Riley Aug 3, 2021

Shares in Lyft Inc. remained flat in after-hours trading today after the ride-hailing firm reported strong quarterly growth but lower than expected guidance. For the quarter ending June 30, Lyft reported revenue of $765 million,…

Security

McAfee MVISION Private Access aims to disrupt the zero-trust network access market

By Duncan Riley Aug 3, 2021

McAfee Corp. today announced MVISION Private Access, an integrated approach that enables granular zero-trust access to extend data and threat protection capabilities to private applications on hybrid information technology environments. MVISION Private Access is…

Security

Connected device security startup Finite State raises $30M

By Duncan Riley Aug 2, 2021

Connected device security startup Finite State Inc. announced today it has raised $30 million in new funding to scale up its business. Energize Ventures led the Series B round. Other investors included Schneider Electric Ventures and…

Policy

European Commission investigates Facebook Kustomer deal on competition grounds

By Duncan Riley Aug 2, 2021

The European Commission has launched an investigation into Facebook Inc.’s acquisition of customer service firm Kustomer Inc. on the grounds that the purchase may hurt competition. Facebook purchased Kustomer in December for a figure…

Security

Industrial cybersecurity firm Nozomi Networks raises $100M to accelerate growth

By Duncan Riley Aug 2, 2021

Industrial cybersecurity firm Nozomi Networks Inc. said today it has raised $100 million in new funding to help accelerate the company’s growth. Triangle Peak Partners led the Series D round. Other investors included Forward Investments,…

Security

‘Initial access brokers’ lead ransomware efforts by selling access to compromised networks

By Duncan Riley Aug 2, 2021

A new report into so-called “initial access brokers” from threat intelligence firm Kela Research and Strategy Ltd. has detailed some disturbing trends in the criminal internet underworld and those involved in ransomware endeavors. The…

Duncan Riley

Despite impressive earnings, Uber shares drop from Didi stake

Italian vaccine booking site taken offline in ransomware attack

Bipartisan Senate report finds federal agencies continue to suffer cybersecurity shortcomings

Cerberus Sentinel acquires managed service provider VelocIT

Lyft shares flat on strong quarterly revenue but weak guidance

Connected device security startup Finite State raises $30M

European Commission investigates Facebook Kustomer deal on competition grounds

Industrial cybersecurity firm Nozomi Networks raises $100M to accelerate growth

‘Initial access brokers’ lead ransomware efforts by selling access to compromised networks

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