Duncan Riley
Latest from Duncan Riley
198M records exposed on misconfigured database belonging to Dealer Lead
Another day, another discovery of an exposed online database. Today’s “We didn’t secure our online database” story involves 198 million records exposed via an Elasticsearch database belonging to Dealer Leads, a provider of online services to the automotive industry. Discovered by Jeremiah Fowler, senior security researcher at Security Discovery, the exposed database included names, email addresses, phone ...
Remote assistance cloud software firm TeamViewer to raise up to $2.54B in IPO
Remote assistance and support cloud software firm TeamViewer AG is set to go public in its native Germany later this month in what will be the country’s largest initial public offering since the dotcom boom. The company is offering 84 million shares at between €23.50 and €27.50 ($25.88 to $30.29) per share, raising as much as €2.31 billion ($2.54 ...
Cloudflare sets price ahead of IPO, reveals it may have broken sanctions laws
Content delivery network provider Cloudflare Inc. today revised its price range on its initial public offering scheduled for Friday as the company also revealed that it may have broken U.S. sanctions laws by providing services to banned entities and governments. Cloudflare revised the price guidance for its IPO to $12 to $14 per share, up ...
Blockstack raises $23M in historic initial coin offering endorsed by the SEC
Blockstack PBC, a startup that has built a blockchain-based network for decentralized apps, Tuesday said it has raised $23 million in an initial coin offering historic as the first token sale to be endorsed by the U.S. Securities and Exchange Commission. Approval for Blackstack’s ICO was granted under Regulation A+, established under the Jumpstart Our Business Startups Act, that ...
Stripe launches new corporate card pitched at small businesses and startups
Payment processing technology startup Stripe Inc. Tuesday launched the Stripe Corporate Card, a credit card designed to cater to small businesses and startups. The card, linked to Stripe’s payments platform, is aimed at solving challenges for smaller companies that have trouble securing credit cards to buy supplies and to issue to employees. “We’re really targeting all businesses on ...
Fitness technology firm Peloton sets IPO share price on upper valuation of $8B
Connected fitness technology firm Peloton Interactive Inc. today set a price of $26 to $29 per share ahead of its initial public offering, valuing the company as much as $8 billion and raising a planned $1.2 billion. Founded in 2012, Peloton offers connected in-home exercise gym bikes and treadmills that come with screens. They can be used ...
Uber lays off 435 staff following record $5.2B loss
Uber Technologies Inc. said today it has laid off 435 employees as the money-losing ride-hailing giant attempts to rein in costs following a staggering $5.2 billion loss in the second quarter. The cuts consisted of 170 people from Uber’s product team and 265 people from its engineering team, according to TechCrunch. The layoffs are said to have ...
Open-source security platform provider Snyk raises $70M for global growth
Open-source security platform provider Snyk Ltd. said today it has raised $70 million in new funding to fuel the company’s next phase of global growth. The Series B follow-on round was led by Accel and include existing investors GV (previously Google Ventures) and Boldstart Ventures. Founded in 2015, Snyk pitches itself as a developer-first security company ...
Chinese prof faces charges of stealing for Huawei as Microsoft comes to its defense
A Chinese professor is facing wire fraud charges after allegedly stealing trade secrets for Huawei Technologies Co. Ltd., but the troubled Chinese smartphone maker is finding support from a surprising source: Microsoft Corp. The latest drama surrounding Huawei involves the arrest of Bo Mao last month, though the indictment is only now being released. According to a New York ...
Texas refuses to pay up after ransomware attacks on local governments
The Lone Star State is now the No Ransom Payments state as all 22 Texas local governments targeted by ransomware in August refused to pay the money demanded. The decision to oppose paying ransoms in the attacks came from the top. The Texas Department of Information Resources, which was tasked with coordinating the response, also led the ...









