Duncan Riley, Author at SiliconANGLE

Security

440M records exposed online by cosmetics maker Estée Lauder

By Duncan Riley Feb 11, 2020

Some 440 million records in a database belonging to cosmetics maker Estée Lauder Companies Inc. have been found unsecured and exposed online, potentially putting customers at risk. The database was discovered by security researcher Jeremiah…

Emerging Tech

Lyft beats estimates in fourth quarter, but shares drop on profitability timeline

By Duncan Riley Feb 11, 2020

Despite beating analyst predictions in its fourth-quarter earnings Monday, shares in Lyft Inc. dropped in after-hours trading after the company failed to move up its profitability timeline as rival Uber Technologies Inc. did Feb.…

Apps

Microsoft backflips on plan to force Bing search on Office 365 ProPlus users

By Duncan Riley Feb 11, 2020

Microsoft Corp. today backflipped on its controversial decision to install Bing as the default search engine in Google Chrome for Office 365 ProPlus users. The original decision announced Jan. 22 was justified on the…

Apps

Report: Rising costs drove $322 million loss at Airbnb in first 9 months of 2019

By Duncan Riley Feb 11, 2020

Airbnb Inc. reportedly lost $322 million in the first nine months of 2019 on rising costs, raising questions about its valuation going into an initial public offering later this year. The Wall Street Journal…

Apps

Apple and others may have avoided supply shortages as some Foxconn plants reopen in China

By Duncan Riley Feb 11, 2020

Apple Inc., along with various other tech companies, may have avoided serious supply shortages as some plants belonging to Chinese electronics manufacturer Foxconn partially opened Monday, despite conflicting reports that they might not. Reuters reported Monday that…

Cloud

Infosys buys Salesforce consulting firm Simplus for up to $250M

By Duncan Riley Feb 10, 2020

Outsourcing giant Infosys Ltd. said today it has reached an agreement to acquire Salesforce.com Inc. partner consulting firm Simplus Inc. Infosys did not disclose a specific acquisition price, but a regulatory filing said the acquisition…

Cloud

Slack stock rockets, then falls back, after erroneous report about IBM relationship

By Duncan Riley Feb 10, 2020

Shares in Slack Technologies Inc. surged as high as 21% today after a report claimed that International Business Machines Corp. had picked the company to exclusively provide its 350,000 employees with workplace collaboration tools.…

Blockchain

Bitcoin breaks $10,000 as coronavirus shuts down cryptominers

By Duncan Riley Feb 9, 2020

Reduced supply and increased demand thanks to the Wuhan coronavirus in China spurred bitcoin to break through $10,000 over the weekend, its highest level since September. Bitcoin started to see price increases thanks to…

Emerging Tech

Facebook reportedly acquires computer vision startup Scape Technologies

By Duncan Riley Feb 9, 2020

Facebook Inc. reportedly has acquired London computer vision startup Scape Technologies Ltd. in an apparent move to build out its augmented reality capabilities. The price of the deal was not disclosed, but TechCrunch reported early Saturday…

Infra

Coronavirus confusion: Will China’s Foxconn resume production this week?

By Duncan Riley Feb 9, 2020

Tech companies remain on edge Monday morning in mainland China amid conflicting reports about whether suppliers — most notably among them Foxconn — would resume production this week during the Wuhan coronavirus epidemic. Foxconn,…

Duncan Riley

440M records exposed online by cosmetics maker Estée Lauder

Lyft beats estimates in fourth quarter, but shares drop on profitability timeline

Microsoft backflips on plan to force Bing search on Office 365 ProPlus users

Report: Rising costs drove $322 million loss at Airbnb in first 9 months of 2019

Apple and others may have avoided supply shortages as some Foxconn plants reopen in China

Slack stock rockets, then falls back, after erroneous report about IBM relationship

Bitcoin breaks $10,000 as coronavirus shuts down cryptominers

Facebook reportedly acquires computer vision startup Scape Technologies

Coronavirus confusion: Will China’s Foxconn resume production this week?

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