Duncan Riley
Latest from Duncan Riley
Self-driving car consolidation: Apple buys Drive.ai, Uber snaps up Mighty AI
Consolidation in autonomous vehicle technology is accelerating. Apple Inc. today acquired self-driving technology startup Drive.ai, while Uber Technologies Inc. said it has acquired Mighty AI Inc., a provider of training data that assists computer vision technology in autonomous vehicles. The news that Apple Inc. has acquired Drive.ai came via Axios, which claimed confirmation from Apple directly. The ...
Auditor finds QuadrigaCX cryptocurrency exchange CEO stole $190M
The tale of failed Canadian cryptocurrency exchange QuadrigaCX is coming to a close as the company’s bankruptcy trustee found today that its allegedly late founder stole the missing $190 million. At its peak, QuadrigaCX was Canada’s largest cryptocurrency exchange before it shut down under suspicious circumstances in late January. Cryptocurrency exchanges either going out of business ...
Fintech startup Blend raises $130M on possible unicorn valuation
Blend Labs Inc., a San Francisco-based financial technology lending platform provider, today said it has raised $130 million in a new late-stage round of funding to hire more people, invest in new technologies and broaden its suite of consumer lending products. The Series E round was led by Temasek and General Atlantic. Previous investors 8VC, Founders Fund, ...
Smells like 2017: Bitcoin surges past $11,000 as the bull run charges on
Bitcoin surged through $11,000 over the weekend as some are starting to suggest that the cryptocurrency could be repeating its record run of 2017. The price of bitcoin peaked at $11,191.31 at 4:30 p.m. EDT Sunday before dropping again to $10,691.44 as of 10:20 p.m., having spent the last 48 hours trading in a price band ...
2.9M customer records stolen by employee of Canadian credit union
Personal details relating to about 2.9 million members of Canada’s Desjardins Group, North America’s biggest federal credit union, have been exposed after they were stolen by an employee. The data theft included names, dates of birth, social insurance numbers, addresses, phone numbers, email addresses and details about banking habits. Data relating to 173,000 business members of ...
Virtual war begins as US launches cyberattacks against Iran
Iran and the U.S. may not yet be at war, but a virtual war has begun online. According to multiple reports over the weekend, the U.S. Cyber Command launched digital strikes against targets in the country on Thursday. The Associated Press, referencing unnamed U.S. officials, say that the attacks targeted Iranian computer systems that control Iran’s ...
Bitcoin hits 15-month high as it surges toward $10,000
The price of bitcoin surged toward $10,000 Thursday as the cryptocurrency hit its highest price in 15 months. Bitcoin was trading at $9,726.60 at 11:05 p.m. EDT, its highest level since March 7, 2018, and near levels it was trading at in January of the same year as the bull run of 2017 turned into a ...
Hundreds of thousands of medical records exposed in two data breaches
Hundreds of thousands of medical records, including those belonging to U.S. military personnel injured in combat, have been found exposed in two separate data breaches, one linked to a medical processing firm and the other a social media company. Both data breaches were discovered by security researchers Noam Rotem and Ran Locar from vpnMentor and ...
Florida city votes to pay hackers after failing to recover from ransomware attack
A Florida city has voted to pay nearly $600,000 in bitcoin to hackers who have held their computer network for ransom. Riviera Beach, 50 miles north of Fort Lauderdale, voted unanimously to pay the ransom on Monday after failing to recover data on their network since the ransomware attack began on May 29. The form ...
Apple issues recall of mid-2015 15-inch MacBook Pros for battery fire risk
Apple Inc. has issued a voluntary recall and replacement program for 15-inch MacBook Pro computers sold between September 2015 and February 2017 because a battery issue raises the risk of their catching fire. The recall specifically covers the MacBook Pro (Retina, 15-inch, mid-2015) model. Apple said that in a limited number of units, the battery may ...









