Duncan Riley, Author at SiliconANGLE

Emerging Tech

US venture capital hits record high of $130B in 2020 despite the COVID-19 pandemic

By Duncan Riley Jan 8, 2021

Venture capital funding hit a record high of nearly $130 billion in 2020, up 14% over 2019 despite the COVID-19 pandemic, according to data released early Friday in PWC/CB Insights’ latest MoneyTree Headline Report. Funding and…

Emerging Tech

Report: Apple Car may take five to seven years to deliver

By Duncan Riley Jan 7, 2021

Apple Inc.’s self-driving car program, which according to a report Dec. 21 is aiming to produce an electric car by 2024, may actually take five to seven years to deliver, according to a report today…

Cloud

F5 Networks to acquire edge-as-a-service startup Volterra for $500M

By Duncan Riley Jan 7, 2021

Network traffic management company F5 Networks Inc. today announced it will acquire “edge-as-a-service” startup Volterra Inc. in a $500 million deal consisting of $440 million in cash and $60 million in future consideration. Founded in 2017…

Security

Babuk Locker emerges as the first new form of ransomware in 2021

By Duncan Riley Jan 5, 2021

Five days into 2021, already a new form of ransomware has emerged: Babuk Locker. First detailed Sunday by Chuang Dong, the ransomware uses its own implementation of SHA256 encryption called “ChaCha8” and also uses so-called…

Security

SolarWinds sued in class action lawsuit over Orion software hack

By Duncan Riley Jan 5, 2021

U.S. government software provider SolarWinds Worldwide LLC is being sued by shareholders in a class action lawsuit following the revelation in December that the company’s Orion software had been hacked. The lawsuit alleges that SolarWinds,…

Blockchain

Proposed government cryptocurrency tracking law condemned by industry players

By Duncan Riley Jan 5, 2021

Cryptocurrency and related firms have come out against a proposal from the U.S. Treasury Department’s Financial Crimes Enforcement Network that would require any company dealing with digital currency to gather information on the identities…

Security

Employee credentials from top gaming companies found for sale on the dark web

By Duncan Riley Jan 4, 2021

Security researchers have found more than 500,000 leaked credentials tied to leading gaming companies for sale on the dark web, the corner of the internet known for illicit activity. Detailed today by researchers at Kela…

Blockchain

Regulator gives green light for banks to use blockchains and stablecoins for settlement

By Duncan Riley Jan 4, 2021

The U.S. Office of the Comptroller of the Currency has given the green light to national banks and federal savings institutions to use public blockchains and stablecoins for settlement, a decision that could result…

Security

T-Mobile hacked again as some customer account information stolen

By Duncan Riley Jan 4, 2021

T-Mobile USA Inc. has suffered another data breach, its fourth since 2018, resulting in the theft of some information relating to customer accounts. Described by the company as a “security incident,” the hack is…

Blockchain

Bitcoin passes through $34,000 as rally shows no sign of ending

By Duncan Riley Jan 3, 2021

It’s often said that history repeats itself but fortunately for bitcoin investors it has yet to do so, as the cryptocurrency continuing to surge to record highs over the New Year’s weekend period. Bitcoin…

Duncan Riley

US venture capital hits record high of $130B in 2020 despite the COVID-19 pandemic

Report: Apple Car may take five to seven years to deliver

Babuk Locker emerges as the first new form of ransomware in 2021

SolarWinds sued in class action lawsuit over Orion software hack

Proposed government cryptocurrency tracking law condemned by industry players

Employee credentials from top gaming companies found for sale on the dark web

Regulator gives green light for banks to use blockchains and stablecoins for settlement

T-Mobile hacked again as some customer account information stolen

Bitcoin passes through $34,000 as rally shows no sign of ending

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