Duncan Riley
Latest from Duncan Riley
Keeping up with cybersecurity: Kylie Cosmetics discloses data breach
Kylie Cosmetics LLC, the cosmetic company founded by Kylie Jenner of “Keeping Up with the Kardashians” fame, has disclosed that customer information was stolen as part of the data breach of Shopify Inc. last week. The Shopify data breach involved two “rogue” employees being involved in a “scheme” to obtain customer transaction records from certain merchants. The ...
Court rules in favor of SEC in ‘initial coin offering’ lawsuit against Kik
The U.S. Securities and Exchange Commission has won its lawsuit against Kik Interactive Inc. for conducting an alleged illegal initial coin offering in 2017. The finding today in favor of the SEC came via a motion for summary judgment from the United States District Court South District of New York after both sides had filed for summary ...
Intelligent knowledge base startup Golden raises $14.5M
Intelligent knowledge base startup Golden Recursion Inc. said today it has raised $14.5 million in new funding to build out its team, product capabilities and datasets. The Series A round was led by Andreessen Horowitz’s a16z and included DCVC, Gigafund, Harpoon Ventures, the a16z Cultural Leadership Fund, WndrCo, Great Oaks Venture Capital, Vela Partners, HNVR, Socii ...
Google faces antitrust probe in China as US lawsuit could be filed next week
Google LLC is facing an antitrust probe on a new front today, hot on the heels of news that it could be sued for antitrust by the U.S. Department of Justice as soon as next week. The latest Google antitrust probe may come from China, Reuters reported today. The case is said to have been proposed ...
Flight-tracking service Flightradar24 suffers downtime following cyberattack
Popular flight-tracking website Flightradar24 has been targeted in a series of cyberattacks that would appear to be related to the conflict between Armenia and Azerbaijan. The site was attacked over three distributed denial-of-service attacks that knocked its service offline for hours at a time and at other times caused instability in service provision. The BBC ...
Network security startup Axis Security raises $32M to accelerate growth
Network security startup Axis Security today said it has raised $32 million in new funding to accelerate growth and meet market demand. The Series B round was led by Canaan Partners and included Ten Eleven Ventures and Cyberstarts. Founded in 2018 with a launch out of stealth mode in March, Axis Security offers the Axis Application Access Cloud, an ...
French shipping giant CMA CGM targeted in Ragnar Locker ransomware attack
French shipping giant CMA CGM S.A. has been struck by a ransomware attack that bought down some of its services. The attack is believed to have involved Ragnar Locker ransomware and first struck the company’s offices in China over the weekend. How far it then spread across CMA CGM’s network is not clear, but the ...
Hospital chain United Health Services hit by a ransomware attack
United Health Services Inc., a leading healthcare provider in the U.S., has been hit by a ransomware attack that forced systems offline in multiple states. According to CNBC, the hospital chain is described as being hit by “what appears to be one of the largest medical cyberattacks in United States history.” The extent of the ...
Uber wins court battle to provide legal ride-hailing services in London
Following several years of lawsuits, Uber Technologies Inc. has had a win and can now legally provide services in London, the capital of the United Kingdom, at least for the next 18 months. The drama involving Uber versus the city of London goes back several years. Uber first had its license to operate in London suspended ...
Judge temporarily blocks Trump administration’s TikTok ban
A U.S. federal judge today temporarily blocked an executive order issued by the Trump administration that would have banned transactions with Chinese-owned social video sharing app TikTok. The ban was meant to start at 11:59 p.m. Sunday and would have banned TikTok from U.S. app stores such as Apple Inc.’s App Store and Google LLC’s Play Store. ...









