Duncan Riley
Latest from Duncan Riley
Coinbase becomes the first cryptocurrency firm to achieve Visa principal membership
Coinbase Inc. has been granted principal membership to Visa Inc., a decision that allows the cryptocurrency firm to provide more features to customers who opt for a Visa card to access their crypto funds. The decision was made in December but only announced today. It makes Coinbase the first pure-play crypto company to be approved as a ...
ForgePoint Capital raises $450M for its second cybersecurity investment fund
ForgePoint Capital said today it has raised $450 million in its second fund to invest in early-stage and select growth companies in the cybersecurity sector, taking its funds under management to $750 million. The venture capital firm has been a prolific investor in cybersecurity startups. Investments included access control startup Remediant Inc. in August, app security startup NowSecure in ...
Software application adoption services startup Whatfix raises $32M
Whatfix, a startup that helps enterprises adopt software applications faster through tools such as interactive application walkthroughs, announced today it has raised $32 million in new funding to drive product development and expand into Europe and Australia. The Series C round was led by Sequoia Capital India and included Eight Roads Ventures, F-Prime Capital and Cisco Investments. ...
Samsung Galaxy Z Fold durability questioned as some users report broken phones
Some users of Samsung Electronics Co. Ltd.’s Galaxy Z Flip phone are reporting that their phones are breaking in what could turn out to be a case of history repeating itself, given that the Samsung Galaxy Fold experienced similar problems last year. The Galaxy Z Flip was launched at Samsung’s Unpacked event Feb. 11 and promised improved ...
Report: Smartphone manufacturing, 5G and fiber optics hit hard by coronavirus
Parts of the tech industry are likely to face disruption from the spread of COVID-2019 coronavirus in China, but some sectors will be harder-hit than others. That’s according to a new report released Monday by technology industry research firm TrendForce. It found that smartphone manufacturing is likely to take a big hit from the ongoing spread of ...
Judge rules Huawei can’t sue US government over equipment ban
Huawei Technologies Co. Ltd. today lost its legal case against its ban by the U.S. government after a judge ruled the company did not have grounds to sue. The case, filed in March in the U.S. District Court in Plano, argued that Section 889 of the 2019 U.S. National Defense Authorization Act that prohibits government agencies from buying ...
Card data stolen in point-of-sale hack of Rutter’s stores and gas stations
CHR Corp. a company that owns the Rutter’s chain of convenience stores in Pennsylvania, West Virginia and Maryland, is the latest victim of a point-of-sale hacking as customer payment card details were stolen from some locations. The hack, revealed Feb. 13, involved malware installed on payment processing systems. The malware is said to have searched ...
Coronavirus fears prompt Facebook to cancel conference, IBM to exit RSA
Tech conferences continue to suffer from concerns about the spread of the Wuhan coronavirus, now called COVID-19 by the World Health Organization, as an additional conference was canceled and another lost a key participant. The GSM Association’s MWC, better known as the Mobile World Conference is the annual smartphone event in Barcelona that attracts more ...
Mark Zuckerberg: Facebook should be treated differently from media companies
Facebook Inc. Chief Executive Officer Mark Zuckerberg told a conference in Germany Saturday that he believes online content should be regulated but Facebook itself should sit somewhere between a telecommunications company and a traditional media publisher when it comes to scrutiny. Speaking at the Munich Security Conference in Germany as part of a planned trip to Europe ...
Puerto Rico government loses $2.6M in phishing scam
The government of Puerto Rico has lost $2.6 million after falling for an email phishing scam. According to an Associated Press report Wednesday, the scam targeted the government-owned Industrial Development Co. Those behind the attack tricked the company into making several payments to a fraudulent account. The government did not provide details, but it’s believed that the ...









