Duncan Riley
Latest from Duncan Riley
Strong earnings report drives Workday shares to a record high
Shares in financial management and human capital management software firm Workday Inc. surged to a record high in after-hours trading today after the company reported better-than-expected numbers in its quarterly earnings report. For the quarter ended July 31, Workday reported revenue of $1.06 billion, up 19.6% from the same quarter of 2019. Analysts had been predicting $1.04 billion in revenue. ...
Ahead of initial public offering, Chinese ride-hailing giant Didi expands into Russia
Ahead of a likely initial public offering later this year, Chinese ride-hailing giant Didi Chuxing Technology Co. is expanding its global operations with the launch of services in Russia. It’s the first time the company has offered its services in Europe. Didi debuted its ride-hailing service in Kazan, the capital and largest city of the Republic of ...
Global law enforcement operation brings down Sparks piracy group
A joint global law enforcement operation said today it has brought down a large online piracy group that distributed movies online before their official release. The operation, which involved law enforcement agencies in 18 countries, including the U.S. Department of Justice and the European Union Agency for Law Enforcement Cooperation, targeted the ring leaders of ...
Organizational management startup ChartHop raises $14M to expand its platform
Organizational management platform startup ChartHop Inc. announced today it has raised $14 million in new funding to expand its platform built to eradicate manual human resources tasks and enable leaders to make data-driven decisions. The Series A round was led by Andreessen Horowitz’s a16z and included Abstract Ventures, Basement Fund, CoFound Partners, Company Ventures, Cowboy Ventures, the a16z ...
DDoS attack forces New Zealand Stock Exchange to halt trading
New Zealand’s stock exchange was forced to halt trading for several hours Wednesday following a sustained cyberattack, the second in two days. In a statement, the exchange said it was targeted by a volumetric distributed-denial-of-service attack from offshore that affected its NZX system connectivity. NZX decided to halt trading. A DDoS attack aims to disrupt service by ...
Visual enterprise collaboration startup Mural raises $118M to expand operations
Visual enterprise collaboration startup Mural today said it has raised $118 million in new funding to extend its operations globally, accelerate development and deepen its community engagement initiatives. The Series B round was led by Insight Partners and included Tiger Global, Slack Fund, World Innovation Lab, Gradient Ventures and number of individual investors. Jeff Lieberman, managing director ...
NetApp to lay off 5% of staff amid the coronavirus pandemic
Ahead of its quarterly earnings report on Wednesday, hybrid cloud data services company NetApp Inc. is laying off around 5% of its staff amid the ongoing coronavirus pandemic. While not officially announcing the layoffs, NetApp told The Register that it was “realigning resources and investments to best capture these opportunities and position the company for ...
IPO train accelerates as Palantir plans to go public through a direct listing
Data analytics firm Palantir Technologies Inc. has revealed the details of its forthcoming initial public offering: It will pursue a direct listing rather than a traditional IPO. Palantir first revealed its intent to go public in July, saying that it had confidentially filed its S-1 registration form with the U.S. Securities and Exchange Commission, but ...
Epic Games gets restraining order to keep Apple developer account but Fortnite ban remains
Epic Games Ltd.’s lawsuit against Apple Inc. has delivered mixed results at its first hearing, as a judge issued a restraining order banning Apple from canceling Epic’s developer account but didn’t require Apple to restore Fortnite to its App Store. The games company filed a lawsuit against Apple Aug. 13 alleging that Apple’s App Store ...
Crunchbase unveils Salesforce integration for all users
Market intelligence startup Crunchbase Inc. today unveiled an integration with Salesforce Inc. that enables individuals and teams to discover and act on high-quality prospects quickly. The integration allows users of both Crunchbase’s free and Pro service to avoid spending time manually exporting prospects from Crunchbase into their customer relationship management applications. Crunchbase users will now be ...









