Duncan Riley
Latest from Duncan Riley
500,000+ computers compromised by malware hosted on Bitbucket
Bitbucket, the Atlassian Corp. Plc-owned git code hosting service, has been abused to compromise 500,000 computers globally, according to cybersecurity firm Cybereason Inc. The hacking campaign involves using malware hosted on Bitbucket to deliver what the Cybereason describes as “an arsenal of malware that is able to steal data, mine for cryptocurrency and deliver ransomware to victims ...
Yahoo hack victims in the US and Israel can now file for monetary compensation
Former Yahoo users who live in the U.S. and Israel are able to obtain compensation for the numerous hacks the company experienced between 2012 and 2016 as part of a court settlement. Putting an exact figure on the amount that can be claimed, however, is not simple. In theory, victims can claim up to $358.80 in compensation, ...
Uber gets CA autonomous vehicle testing permit 2 years after pedestrian killed in AZ
Nearly two years after an Uber Technologies Inc. vehicle struck and killed a pedestrian in Arizona, the riding-hailing giant has once again obtained a permit to test autonomous vehicles in California. The 2018 accident, which was first blamed on the pedestrian, revealed that Uber’s technology, at least at the time, was deficient and hadn’t been ...
Supply chain issues loom as Foxconn halts production in China on coronavirus fears
Serious supply chain issues could be ahead for major technology companies. Hon Hai Precision Industry Co. Ltd., better known as Foxconn, today was forced to halt almost all production in its mainland Chinese factories until Feb. 10, a ban that, if extended, will disrupt supplies for dozens of companies. Foxconn is the world’s largest provider of manufacturing services, ...
Snap shares plunge as company misses predictions in quarterly earnings
Shares in Snap Inc. plunged in after-hours trading today after the company missed analysts’ predictions on revenue in its quarterly earnings report. For the quarter ended Dec. 31, Snap reported revenue of $561 million versus the $563 million expected by analysts. The lower-than-expected figure was also reflected in average revenue per user, which came in ...
Report: Instagram brought in $20B in advertising revenue in 2019
Instagram continues to go from strength to strength for parent company Facebook Inc. as a report today said the photo-sharing app brought in $20 billion in advertising revenue in 2019 — more than a quarter of Facebook’s overall revenue for the year. The claim comes via people familiar with the matter reported by Bloomberg, which ...
ANALYSIS
What caused the Iowa Democratic Caucus app debacle? Too little software testing
The Democratic Party primary in Iowa is making headlines for all the wrong reasons after an app designed to tally delegates failed, delaying results for the first primary of the 2020 Presidential primary season by nearly 24 hours. The app in question, called “Iowa Reporting App,” was designed by a company called Shadow Inc., a firm ...
B2B gift sending platform provider Sendoso raises $40M
Business-to-business gift sending platform provider Sendoso today said it has raised $40 million in new funding for continued product innovation, market expansion and new hiring. The Series B round was led by Oak HC/FT and included Craft Ventures, Signia Venture Partners, Storm Ventures, Struck Capital, Stage 2 Capital, Felicis Ventures and Prologis. As part of the deal, Oak ...
Project management startup Asana files to go public via direct listing
Project management startup Asana Inc. is finally set to go public. The company late today filed its S-1 paperwork confidentially with the U.S. Securities and Exchange Commission, But in a sign of the times, it’s taking the direct listing route rather than a traditional initial public offering. A direct listing is a way for companies to become ...
Nintendo hacker pleads guilty to computer hacking, child porn charges
A California man who hacked into the servers of Nintendo Co. Ltd. and stole proprietary information Friday pleaded guilty to federal crimes related to hacking as well as possession of child pornography. Ryan S. Hernandez, 21, was arrested in June in relation to the crimes but only after hacking into Nintendo for a second time ...









