Duncan Riley
Latest from Duncan Riley
PayPal Holdings Inc. today announced it has acquired digital asset startup Curv Inc. to allow it to expand its initiatives in support of cryptocurrencies and digital assets. Although the purchase price was not disclosed, Decrypt reported it was nearly $200 million. Founded in …
Apple releases unexpected software updates to address vulnerability in WebKit
Apple Inc. today released software updates for its range of iPhone, iPad, Mac computers and the Apple Watch that address a vulnerability in the WebKit engine that powers the Safari browser. The security updates to iOS 14.4.1, iPadOS 14.4.1, macOS 11.2.3 and …
Cybersecurity software provider Qualys suffers Accellion-related data breach
Cybersecurity software provider Qualys Inc. is the latest victim of a data breach, as the Clop ransomware gang posted on its site screenshots of files allegedly belonging to the company. Qualys confirmed the attack Wednesday, describing it as a “security incident” that exploited …
Virtual events platform startup Hopin raises $400M on $5.65B valuation
Virtual events platform startup Hopin Ltd. said today it has raised $400 million in new funding to accelerate growth, scale up operations and strengthen its team and platform. The Series C round was led by Andreessen Horowitz and General Catalyst and included IVP, Coatue, DFJ …
Square – yes, Square – buys majority stake in Jay-Z’s music streaming service Tidal for $297M
Financial services provider Square Inc. today revealed it has purchased a majority stake in Aspiro AB, the owner of the Tidal music streaming service, for $297 million. The exact size of the stake, made with a combination of cash and stock, was …
Israeli artificial intelligence startup Seebo raises $24M to expand its global reach
Israeli artificial intelligence startup Seebo Interactive Inc. today announced it has raised an additional $24 million in funding to expand its global reach and enhance its process-based AI solution. The expanded Series B round was led by Vertex Ventures and included 10D, The Phoenix …
Open-source relational database startup Yugabyte raises $48M
Open-source relational database startup Yugabyte Inc. said today it has raised $48 million in new funding to accelerate the launch of its fully managed Yugabyte Cloud offering. The Series C round was led by Lightspeed Venture Partners and included Greenspring Associates, Dell Technologies Capital, …
Malaysia Airlines discloses frequent flyer data breach that lasted nine years
Malaysia Airlines Berhad has disclosed a data breach that involved the theft of data from its frequent flyer program, but in a twist on a standard data theft story, the airline said the breach spanned nine years. The data breach involved a …
Microsoft warns that Chinese hackers are targeting vulnerabilities in Exchange Server
Microsoft Corp. issued a warning today that a new Chinese state-sponsored hacking group is targeting on-premises versions of Microsoft Exchange Server using a number of recently identified and now patched vulnerabilities. The hacking group, dubbed “Hafnium” by the Microsoft Threat Intelligence Center, …
Uber spins off Postmates X as a new company called Serve Robotics
Following its acquisition of Postmates Inc. last year, Uber Technologies Inc. today spun off the delivery provider’s robotics division previously known as Postmates X into a new company called Serve Robotics Inc. Serve Robotics debuts with an undisclosed amount of initial funding …