Duncan Riley
Latest from Duncan Riley
No-code application development startup Unqork raises an additional $51M
No-code application development startup Unqork Inc. said today it has raised $51 million in additional funding to further build out its application platform. The funding is an extension of its Series B round announced in November and included Goldman Sachs, Aquiline Technology Growth and World Innovation Lab. CapitalG, the growth equity investment fund of Google parent company Alphabet Inc., led the ...
Ripple sued by investors who claim XRP cryptocurrency is an unregistered security
Ripple Labs Inc. is being sued in a class-action lawsuit by investors who lost money investing in the company’s XRP cryptocurrency. A judge in San Francisco today ruled that the lawsuit, filed last year, could proceed based on federal law while dismissing some claims under California state law, Coindesk reported. The plaintiffs in the lawsuit claim that they lost money after ...
Customer data stolen in data breach of facial recognition company Clearview AI
Controversial facial recognition company Clearview AI Inc. has suffered a data breach, and the company’s advising customers that an intruder “gained unauthorized access” to its list of customers. First reported today by The Daily Beast, the details of how the data breach took place were not disclosed. Clearview AI only said that the data included “the number ...
Microsoft revises guidance on coronavirus-related supply issues
Microsoft Corp. has become the latest tech company to revise earnings guidance because of the spread of the Wuhan coronavirus, saying Wednesday its third-quarter results would come in lower than expected because of supply chain issues. In a statement, Microsoft said that though its supply change was returning to normal operation in mainland China, it ...
Workplace collaboration startup Air raises $6M
Workplace collaboration startup Air Labs Inc. said today it has raised $6 million in funding to build out its cloud storage solutions and also announced the launch of its new software. The seed round was led by Lerer Hippeau Ventures and included RedSea Ventures, Advancit Capital, WndrCo and a group of strategic investors including ChenLi Wang, Todd Jackson ...
123M records found exposed on unsecured database belonging to Decathlon
French-owned international sports chain Decathlon SA is the latest company to suffer a data breach as 123 million records were found on an unsecured Elasticsearch database. The discovery was made by security researchers at vpnMentor and published Monday. The database is believed to belong to Decathlon Spain and possibly Decathlon U.K. as well. It included ...
Artificial intelligence startup SambaNova Systems raises $250M
Artificial intelligence hardware and software startup SambaNova Systems Inc. said today it has raised $250 million in new funding to allow it to further accelerate the software capabilities of its next-generation computing platform. The Series C round was led by BlackRock and included GV, Intel Capital, Walden International, WRVI Capital and Redline Capital. Founded in 2017, SambaNova ...
Tesla and Apple slammed by NTSB in 2018 Model X crash report
The National Transportation Safety Board today slammed both Tesla Inc. and Apple Inc. in relation to a fatal accident in 2018 involving a Tesla Model X operated by an Apple employee. The board made the comments while handing down its final report into the accident after two years of investigation. The report, while noting that ...
Scooter startup Bird tests QR code-based mobile payment service
Electric scooter and moped hire startup Bird Rides Inc. today extended its services into mobile payments as the company seeks a path to profitability. Called Bird Pay, the service allows users to use the Bird app to pay for purchases at the point of sale, scanning a QR code to link to the merchant before the app ...
Security intelligence startup Exabeam launches new Cloud Platform
Security intelligence and management solutions startup Exabeam Inc. today unveiled its new Exabeam Cloud Platform designed to help security leaders improve their security posture. The new platform, introduced at the RSA Conference in San Francisco, has been designed to allow the easier expedition of provisioning and consumption of new applications, tools and content for security engineers and analysts. Cloud Platform ...