Duncan Riley, Author at SiliconANGLE

Apps

Snap shares surge as company beats earnings forecast

By Duncan Riley Apr 21, 2020

Shares in Snap Inc. surged 20% in after-hours trading Tuesday after the company beat analyst forecasts with strong revenue and user growth. For the quarter ending March 31, Snap reported revenue rose 44% from…

Security

User data stolen from Android app provider Aptoide published online

By Duncan Riley Apr 20, 2020

Popular third-party Android app provider Aptoide S.A. has suffered major data breach with the details of 20 million users published on a hacking forum. The data breach was first discovered by security researchers at…

Apps

Fintech startup Rapyd acquires payments card service provider Korta

By Duncan Riley Apr 20, 2020

Financial technology startup Rapyd Ltd. announced today that it has acquired Korta ehf, an Iceland-based payment card service provider, for an undisclosed sum. Founded in 2002, Korta offers cross-border payments services in the European Union.…

Security

IT services company Cognizant hit by Maze ransomware attack

By Duncan Riley Apr 20, 2020

Information technology services company Cognizant Technology Solutions Corp. has been hit by a ransomware attack with part of its systems being taken offline over the weekend. In a statement April 18, Cognizant admitted to a security…

Apps

Instagram co-founders launch coronavirus contagion tracking site

By Duncan Riley Apr 19, 2020

Instagram co-founders Mike Krieger and Kevin Systrom have teamed up to launch a new COVID-19 website that tracks contagion levels across U.S. states. Called Rt.live, the tracking service uses a data analysis algorithm to…

Blockchain

$25M in cryptocurrency stolen in hack of Lendf.me and Uniswap

By Duncan Riley Apr 19, 2020

About $25 million in cryptocurrency was stolen from Uniswap and Lendf.Me over the weekend by hackers who exploited a technology underlying the Ethereum blockchain. Of the two, Lendf.Me, a decentralized lending platform with instant borrowing and…

Emerging Tech

Nvidia technology powers Chinese electric vehicle maker Xpeng’s new model

By Duncan Riley Apr 16, 2020

Chinese auto manufacturer Guangzhou Xiaopeng Motors Technology Co. Ltd., better known as Xpeng, today announced its latest model, a competitor to Tesla Inc.’s Model 3 that’s powered by Nvidia Corp. technology, will roll out April 27. The Xpeng…

Cloud

Business monitoring startup Anodot raises $35M to expand into new verticals

By Duncan Riley Apr 16, 2020

Business monitoring startup Anodot Ltd. said today it has raised $35 million in new funding to hire more people, expand into new industries and build personalized business packages. The Series C round was led by Intel Capital…

Cloud

Stripe raises an additional $600M to grow its product suite

By Duncan Riley Apr 16, 2020

Payment technology company Stripe Inc. announced today that it has raised an additional $600 million in new funding as an extension of its Series G round from September to accelerate its international expansion, grow its product suite…

Blockchain

Facebook’s Libra abandons original plan in favor of currency-backed stablecoins

By Duncan Riley Apr 16, 2020

The Libra Association, the group set up to manage Facebook Inc.’s proposed cryptocurrency today announced that its original proposal for Libra is no more. Instead, it plans to launch a number of currency-backed stablecoins.…

Duncan Riley

Snap shares surge as company beats earnings forecast

User data stolen from Android app provider Aptoide published online

Fintech startup Rapyd acquires payments card service provider Korta

IT services company Cognizant hit by Maze ransomware attack

Instagram co-founders launch coronavirus contagion tracking site

$25M in cryptocurrency stolen in hack of Lendf.me and Uniswap

Nvidia technology powers Chinese electric vehicle maker Xpeng’s new model

Business monitoring startup Anodot raises $35M to expand into new verticals

Stripe raises an additional $600M to grow its product suite

Facebook’s Libra abandons original plan in favor of currency-backed stablecoins

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