Duncan Riley
Latest from Duncan Riley
Government agencies breached in hacking campaign targeting Pulse Secure VPN appliances
Multiple U.S. government agencies have been breached by suspected Chinese state-sponsored hackers who exploited vulnerabilities in Pulse Secure LLC virtual private network appliances. Confirmed by cybersecurity company FireEye Inc. and Pulse Secure itself along with the U.S. Department of Homeland Security’s Cybersecurity and Infrastructure Agency, the attacks are believed to have started around June. Three ...
Netreo acquires Stackify to strengthen IT monitoring and AIOps offering
Information technology infrastructure and network monitoring company Netreo Inc. announced today it has acquired software-as-a-service application programming monitoring startup Stackify LLC for an undisclosed sum. Founded in 2012, Stackify offers a solution that allows developers to monitor and manage their applications’ performance. Designed to improve application performance, the company’s Retrace service allows users to proactively identify ...
Mastercard snaps up identity verification company Ekata for $850M
Credit card and finance company Mastercard Inc. today said it has acquired identity verification company Ekata Inc. for $850 million. Founded in 1997, Ekata provides global identity verification data via application programming interfaces and on a software-as-a-service basis, with a focus on helping businesses assess digital risk. The company allows businesses to link digital transactions ...
WordPress will block Google’s new FLoC web tracking cookie replacement
Google LLC’s attempt to replace browser cookies with an alternative system called FLoC has now been rejected by Automattic Inc., the company behind WordPress, the content management system that powers about 40% of all websites. FLoC, short for Federated Learning of Cohorts, was first proposed by Google in January as a way to eliminate third-party cookies ...
US authorities investigate hack of software auditing company Codecov
U.S. federal investigators are investigating a breach of software auditing company Codecov LLC that could potentially have an impact as broad as the now infamous SolarWinds hack. Founded in 2014, Codecov is an online platform that provides hosted testing reports and statistics for users. Compatible with GitHub, Bitbucket and Gitlab, the company works with 29,000 corporate ...
Clubhouse raises new venture capital as Facebook eyes jump into audio
Trendy audio-based social app Clubhouse today said it has raised even more venture capital funding at a time that Facebook Inc. is reportedly about to go after it. Exactly how much Clubhouse raised in its Series C round was not disclosed by the company. The round was led by Andrew Chen at a16z and included DST ...
TuSimple shares flat after self-driving truck startup raises $1.35B in IPO
Shares in self-driving truck company TuSimple Holdings Inc. were flat in their stock market debut today after the company raised $1.35 billion in its initial public offering on a valuation of $8.5 billion. The company offered 33.8 million shares of its Class A common stock at $40 each and that’s the exact price at which ...
Autonomous aviation startup Xwing raises $40M, completes first gate-to-gate flight
Autonomous aviation technology startup Xwing has raised $40 million in new funding as it announced today that it has completed its first autonomous gate-to-gate commercial cargo flight. The funding round was led by Blackhorn Ventures and included ACME Capital, Loup Ventures, R7 Partners, Eniac Ventures, Alven Capital and Array Ventures. Raised on a valuation of $400 million, according to ...
Massachusetts regulators file to revoke Robinhood’s broker-dealer license
Robinhood Market Inc. faces the risk of losing its license to offer stock trading in Massachusetts after the state’s regulators sought the revocation of its broker-dealer license. The Massachusetts Securities Division said in an administrative complaint filed today that Robinhood should have its license revoked because it fails to protect vulnerable users and “poses a substantial and continued ...
Walmart joins Microsoft and Honda in $2.75B round into GM’s Cruise
Walmart Inc. today became the latest investor in General Motor Co.’s Cruise autonomous vehicle unit, increasing a round announced in January that already included Microsoft Corp., Honda Motor Co. Ltd. and others to $2.75 billion. The exact amount of the investment was not disclosed. The original round in January was described only as above $2 ...









