Duncan Riley

Duncan Riley is a senior writer at SiliconANGLE covering Startups, Bitcoin, and the Internet of Things. Duncan is a co-founder of VC funded media company B5Media and founder of news site The Inquisitr, and was a senior writer at TechCrunch in its earlier days. Tips? Press releases? Intersting startup? email: duncan@nichenet.com.au or contact Duncan on Twitter @duncanriley

Latest from Duncan Riley

Bitcoin drops slightly after ‘halving’ as miners quit business thanks to lower rewards

The price of bitcoin dropped slightly Monday following the “halving” of the cryptocurrency, with some bitcoin miners reported to be quitting the business because of lower rewards. The bitcoin halving, the third time the process has taken place, has seen the rewards given to those who mine bitcoin drop by half from 12.5 bitcoin to ...

ATM maker Diebold Nixdorf hit by ProLock ransomware attack

Automatic teller machine maker and payment technology company Diebold Nixdorf Inc. has suffered a ransomware attack that disrupted some operations. First reported today by security researcher Brian Krebs, the ransomware attack struck the company April 25 and affected services for more than 100 of the company’s customers. Diebold Nixdorf is the largest ATM provider in the ...

TD Ameritrade-backed digital asset exchange ErisX launches Ethereum futures

TD Ameritrade Holding Corp-backed digital assets exchange startup ErisX has launched Ethereum futures trading, the first company in the U.S. to do so. The first of its kind to be authorized by the U.S. Commodity Futures Trading Commission, the ETH futures contracts allow investors to buy and sell contracts that allow them to acquire Ethereum ...

Distributed database startup MemSQL raises $50M in debt financing

SQL-based in-memory distributed database startup MemSQL Inc. said today it has raised $50 million via a debt facility to deliver new products and services to accelerate its growth. The debt financing was underwritten by Hercules Capital. Founded in 2011, MemSQL offers what it calls a No-Limits Database designed to power modern applications with a cloud-native scalable ...

Online used-car seller Vroom files for a June initial public offering

Online used-car seller Vroom Inc. is set to go public, according to a Wall Street Journal report today that the company has filed paperwork for a possible June initial public offering. Founded in 2013, Vroom pitches itself as an e-commerce platform designed to offer a better way to buy and sell used vehicles. The company employs “data-driven ...

Microsoft launches new feature to block ’email storms’ in Office 365

Microsoft Corp. is rolling out a new feature in Office 365 designed to block so-called “email storms” that include “reply-all” to a large number of people on a distribution list. The Reply All Storm Protection feature is described by the Exchange Team in a blog post last week as mostly benefiting large organizations that have large distribution ...

Cisco releases patches for high-severity vulnerabilities in ASA and Firepower software

Cisco Systems Inc. has released more than 30 security patches, including 12 that address previously undisclosed high-severity vulnerabilities. The serious vulnerabilities were found in Cisco’s Adaptive Security Appliance and Firepower 100 Series firewall applications as well as Cisco Firepower Threat Defense software used to protect corporate networks and data centers. Cisco said that it wasn’t ...

Uber books $2.9B loss but shares rise as customer volume edges up

Uber Technology Inc. shares rose in after-hours trading today despite the company reporting its biggest loss in three quarters. The upside came after Chief Executive Officer Dara Khosrowshahi (pictured) told investors that riders were starting to return to the service and that its Uber Eats division continues to boom. For the quarter ended March 31, Uber reported ...

Electric scooter company Lime raises $170M in round led by Uber

Electric scooter company LimeBike Inc. today said it has raised $170 million in new funding led by Uber Technologies Inc. The round also included Alphabet, Bain Capital Ventures, GV and other existing and new investors. The valuation on the round was not officially disclosed but was recently reported to be $510 million, down 79% from its $2.4 billion valuation ...

Facebook software change breaks popular iOS apps such as Spotify and TikTok

An issue in the code of Facebook Inc.’s software development kit caused dozens of popular iOS apps to crash Wednesday night. The SDK is used by various apps to allow users to login using their Facebook account as well as providing support for Facebook advertising. When Facebook updated its SDK for iOS Wednesday night, the ...