Duncan Riley
Latest from Duncan Riley
Intel chipset vulnerability can be exploited to obtain encrypted data
Most Intel Corp. chipsets released in the past five years have been found to have a vulnerability that can be exploited to obtain encrypted data and compromise data protection. Detailed today by researchers at Positive Technologies, the flaw was one of a range uncovered by Intel itself last year and initially addressed in May. However, the new research ...
Customer credit card data stolen in April 2019 hack of J.Crew
J.Crew Group Inc. is the latest victim of a data breach, as customer data was stolen around April 2019. The disclosure of the hack came via the company filing a notice late last month with the California Attorney General’s Office. The hack is said to have been “recently” discovered “through routine and proactive web scanning.” ...
HPE and AMD team on El Capitan supercomputer to manage US nuclear stockpile
Hewlett Packard Enterprise Inc. and Advanced Micro Devices Inc. are set to make history by delivering the world’s largest supercomputer, designed to protect the U.S. nuclear stockpile. Dubbed “El Capitan,” the supercomputer is being designed for the U.S. Department of Energy by Cray, which HPE acquired for $1.3 billion in May. The companies announced the ...
Zoom shares drop despite beating earnings expectations
Shares in videoconferencing firm Zoom Video Communications Inc. dropped in after-hours trading today despite the company beating analysts’ expectations and providing higher-than-expected guidance thanks to the spread of the coronavirus. Zoom reported a net profit of $15.3 million, or 5 cents a share, in its fourth quarter, up from $1.2 million or 1 cent a share a ...
Error monitoring startup Rollbar raises $11M in new funding
Error monitoring software-as-a-service startup Rollbar Inc. today said it has raised $11 million in new funding to double headcount across all divisions in its offices in the U.S., Spain and Hungary. The Series B round was led by Runa Capital and included Long Light Capital, Blossom Street Ventures, Cota Capital, Bain Capital and Patagonia Capital. As part ...
Severe Android bug in MediaTek chips opens the door to hackers
A severe security vulnerability in Android devices powered by MediaTek chips is being actively exploited in the wild — but even though Google LLC has issued a patch, many devices are unlikely ever to receive it. The vulnerability allows hackers to gain root access to a targeted device, giving them the ability to install their ...
Chinese nationals indicted for laundering cryptocurrency for Lazarus Group
Two Chinese nationals who are alleged to have laundered around $100 million in cryptocurrency on behalf of the infamous North Korean hackers Lazarus Group have been indicted by the U.S. Department of Justice. Tian Yinyin and Li Jiadong are accused of laundering cryptocurrency stolen from the hack of two unnamed cryptocurrency exchanges. The U.S. Department of ...
Foxconn to resume regular production as Apple plans multiple product updates
Apple Inc. will be breathing a sigh of relief with the news today that its main manufacturing partner Foxconn will resume normal production by the end of March — in time to manufacture a reported updated range of computers and iPads. Foxconn also produces hardware for Amazon.com Inc., Cisco Systems Inc., Dell Inc., Google LLC, Hewlett ...
Facebook reportedly changing plans for its Libra cryptocurrency
Facebook Inc. is reportedly changing its plans for its proposed Libra cryptocurrency, a claim the company itself has denied. The Information, quoting three people familiar with the matter, said Facebook has decided not to support Libra in its own products but will instead offer users the ability to make payments using digital versions of existing ...
More coronavirus fallout: Airbnb may delay IPO, conferences cancellations multiply
Updated with Google I/O and other cancellations: Airbnb Inc.’s initial public offering may be the latest victim of the coronavirus amid reports that the company is considering pushing back its public debut, possibly into 2021. The company would logically be hard-hit by the spread of the virus given the massive downturn in the travel industry, ...









