Duncan Riley
Latest from Duncan Riley
Tether, the wholly owned division of iFinex Inc. that offers the USDT stablecoin, claims it’s being extorted by threat actors demanding a payment of 500 bitcoin ($24.625 million) not to publish allegedly stolen emails. In a series of tweets Sunday on its …
Report: Goldman Sachs to start bitcoin trading desk next week
Goldman Sachs Group Inc. will start a bitcoin desk with support for bitcoin futures and a form of short-term futures for clients next week, according to a report today from Reuters. The report describes Goldman Sachs as “restarting” its cryptocurrency desk amid a boom …
iPhone 13 may get smaller notch and 120Hz screen, but Lightning connector remains
The next range of Apple Inc. iPhones due out later this year will feature a smaller notch, which will then be replaced altogether in models next year, according to an investor note today from Apple analyst Ming-Chi Kuo. Kuo, who is famed for his …
Oxford University lab studying COVID-19 targeted by cyberattack
A lab studying COVID-19 at the University of Oxford has been targeted by a cyberattack with at least some access gained to internal systems. First reported Feb. 25 by Forbes, the attack on Oxford’s Division of Structural Biology is believed to have occurred around …
Drone maker Skydio hits unicorn status with $170M in new funding
Drone manufacturer Skydio Inc. today announced it has raised $170 million on a unicorn valuation topping $1 billion to enable it to expand globally and accelerate product development. The Series D round was led by Andreessen Horowitz’s Growth Fund and included Linse Capital, Next47, IVP …
New unicorn Axonius raises $100M to expand its cybersecurity asset management platform
Cybersecurity asset management startup Axonius Inc. today revealed it has raised $100 million in new funding on a unicorn valuation of above $1 billion. The company plans to use the Series D round to expand its cybersecurity asset management platform to meet what …
Airbnb reports massive loss in its first post-IPO earnings report
Airbnb Inc. today offered a very red first earnings report following its initial public offering in December, thanks less to the impact of the ongoing COVID-19 pandemic than stock compensation costs associated with that very IPO. For its fourth quarter, Airbnb reported …
Zscaler’s shares rise on stronger-than-expected earnings
Shares in Zscaler Inc. rose in after-hours trading today after the cloud security provider beat analysts’ expectations in its fiscal second-quarter earnings. For the quarter ended Jan. 31, Zscaler reported it earned an operating profit before costs such as stock compensation of $14.8 …
Cyberattack on Bombardier results in stolen data published on the dark web
Canadian aircraft manufacturer Bombardier Inc. is the latest victim of a cyberattack with stolen data published on the dark web. Bombardier Tuesday described the attack as a “limited cybersecurity breach” that involved an “unauthorized party accessed and extracted data by exploiting a …
Healthcare cloud data solutions startup Redox raises $45M
Healthcare cloud data solutions startup Redox Inc. announced today it has raised $45 million in new funding to accelerate product innovation and hire more people. The Series D round was led by Adams Street Partners and included Avenir, Battery Ventures, .406 Ventures and RRE …