Duncan Riley
Latest from Duncan Riley
Productivity platform startup ClickUp raises $100M on $1B unicorn valuation
Productivity platform startup ClickUp said today it has raised $100 million in new funding on a valuation reported to be $1 billion, giving the company co-called unicorn status for the first time. The Series B round was led by Georgian and included Craft Ventures. Including the new funding, ClickUp has raised $135 million to date. Founded in ...
Scope of SolarWinds hack grows as Microsoft moves to protect customers
More details continue to emerge on the hack of software from SolarWinds WorldWide LLC used by the U.S. government and others as Microsoft Corp. today moved to protect customers from the compromise. The hack, first reported Sunday and blamed on Russian state-sponsored hackers, came about after SolarWinds pushed compromised software to some 18,000 of its customers ...
California fines Uber $59M, gives it 30 days to pay or lose its operating license
Uber Technologies Inc. is under threat again in its home state of California after a judge fined the company $59 million today and gave the company 30 days to pay the fine or lose its operating license. The fine and threat came about after Uber allegedly failed to answer the California Public Utility Commission’s questions in ...
US government software provider SolarWinds confirms it was hacked
The hack of the U.S. Treasury and Commerce Departments, first reported Sunday to involve Russian state-sponsored hackers, today was officially attributed to the compromise of software from SolarWinds Worldwide LLC. As previously reported by SiliconANGLE, SolarWinds software is used by large parts of the U.S. government including the U.S. military, the Pentagon, the State Department, the Justice Department, the National Aeronautics ...
Russian group reportedly hacks US Commerce and Treasury departments
The U.S. Treasury and Commerce Departments have been attacked by hackers believed to be linked to the Russian government, according to multiple reports today. The hack, according to The Washington Post, came from advanced persistent threat group 29, also known in cybersecurity circles as Cozy Bear. That’s the same Russian linked group that was targeting COVID-19 ...
New Amazon program aims to train 29M people in cloud computing by 2025
Amazon.com Inc. today announced a new program designed to train 29 million people to work in cloud computing by 2025. The idea behind the program is to reskill people to be able to find jobs in the information age in which cloud computing, complete with online commerce dominates as millions have lost their jobs due ...
Microsoft warns Adrozek malware is hijacking advertising in search results
Microsoft Corp.’s 365 Defender Research Team today issued a warning in relation to a malware campaign that seeks to inject ads silently into search results in multiple browsers. Dubbed “Adrozek,” the persistent malware campaign, believed to have first emerged in May is designed to inject ads into search engine results pages. The malware affects multiple browsers, ...
Cloud hosting provider Netgain struck by ransomware attack
Cloud hosting and information technology services provider Netgain Technology Inc. has been struck by a ransomware attack that has forced the company to take some of its data centers offline. According to Bleeping Computer Wednesday, the ransomware attack was first reported by Netgain to its customers on Nov. 24. An email Dec. 4 warned customers of ...
Israeli cloud security startup Wiz emerges from stealth with $100M in funding
Israeli cloud security startup Wiz Inc. has emerged out of stealth with the announcement of $100 million in new funding to allow it to scale up to meet customer demand. The Series A round included Index Ventures, Sequoia Capital, Insight Partners and Cyberstarts. Under the deal, Doug Leone, global managing partner at Sequoia Capital, Shardul Shah, partner at Index ...
Federal Trade Commission and states file antitrust lawsuit against Facebook
The U.S. Federal Trade Commission, with the support of 46 states, the District of Columbia and Guam, have finally filed an antitrust lawsuit against Facebook Inc. alleging that the social media giant undertook a multiyear course of unlawful conduct. The lawsuit, more than a year in the making, specifically targets Facebook over its 2012 acquisition of ...









