Duncan Riley
Latest from Duncan Riley
The U.S. Federal Trade Commission, with the support of 46 states, the District of Columbia and Guam, have finally filed an antitrust lawsuit against Facebook Inc. alleging that the social media giant undertook a multiyear course of unlawful conduct. The lawsuit, more than …
Foxconn plant in Mexico struck in DoppelPaymer ransomware attack
Hon Hai Precision Industry Co., better known as Foxconn, has been struck by a ransomware attack that briefly caused issues at its production facilities in Mexico and resulted in data stolen. First reported Monday by Bleeping Computer, the ransomware attack occurred over the Thanksgiving …
As Galaxy S21 teaser trailer leaks, Samsung expected to launch new phones in January
Samsung Electronics Co. Ltd. is planning to announce its latest range of flagship smartphones in the new year as a teaser trailer for the devices leaked online. The date hasn’t been officially announced, but Android Police, referencing unnamed sources, said the next Samsung …
Researchers find 33 vulnerabilities present in millions of connected devices
Security researchers have discovered 33 vulnerabilities in four open-source libraries used by millions of connected devices that make them vulnerable to hacking. Detailed today by researchers at Forescout Technologies Inc., the vulnerabilities, dubbed “Amnesia:33,” affect source TCP-IP stacks uIP, FNET, picoTCP and Nut/Net. The …
Suspected state-sponsored attackers hack FireEye and steal security testing tools
Cybersecurity firm FireEye Inc. has been hacked, as security testing tools were stolen by what the company believes were state-sponsored attackers. Those behind the attack, who are also described as “a nation with top-tier offensive capabilities,” are said to be “highly trained in operational …
Israeli cloud cybersecurity startup Orca Security raises $55M
Israeli cloud cybersecurity startup Orca Security Ltd. announced today it has raised $55 million in new funding to expand its cloud security and compliance capabilities, hire more people open new sales offices in the U.K. and Australia. The Series B round was led by ICONIQ …
Shares in payments software company Coupa rise on strong earnings
Shares of Coupa Software Inc. rose in after-hours trading today after the payments software firm beat expectations in its quarterly earnings report. For the quarter ending Oct. 31, Coupa reported a profit before costs such as stock compensation of revenue of $11.6 million, or 18 cents …
Smartsheet shares surge on better-than-expected quarterly earnings
Shares in work management platform provider Smartsheet Inc. surged in after-hours trading today after the company smashed analyst predictions in its quarterly earnings report. For the quarter ended Oct. 31, Smartsheet reported revenue rose 38% over a year ago, to $98.9 million. Its …
Uber sells its autonomous vehicle unit to Amazon-backed Aurora in $4B deal
Developing self-driving autonomous vehicles is hard. In the late 2000s, multiple companies came on to the scene promising to develop technology that would negate the need for an actual driver and some expected by 2020 that self-driving cars would be a regular …
Abra launches new marketplace with support for 650+ cryptocurrency assets
Crypto investment firm Abra Inc. today launched a new global cryptocurrency marketplace designed to enable consumers to compare prices and purchase more than 650 crypto assets from one place. The company was founded in 2014 as a peer-to-peer blockchain remittance service but in …