Duncan Riley
Latest from Duncan Riley
A Chinese state-sponsored hacking group is believed to be behind a new form of malware that’s targeting SMS text messages on servers run by telecommunications companies. Detailed today by security researchers at FireEye Mandiant, the MESSAGETAP malware, from Chinese advanced persistent threat group APT41, was …
16M passwords from Fortune 500 companies found on the dark web
Some 16 million passwords have been added to “dark web” sites over the last 12 months, according to a report published by cybersecurity firm ImmuniWeb. The passwords, many of which had been obtained off the back of a 50% increase in data …
Lyft beats earnings predictions but is still bleeding money
Ride-hailing firm Lyft Inc. beat Wall Street earnings predictions in its third quarter, but like the previous quarter, the company continues to bleed money even it’s less than expected. Lyft reported a loss of $463.5 million in the quarter ended Sept. 30, nearly …
Initial coin offering platform provider CoinList raises $10M
Initial coin offering platform provider CoinList Capital LLC today said it has raised $10 million in new funding to launch a new exchange platform. The money came from Twitter Inc. and Square Inc. Chief Executive Officer Jack Dorsey, Collaborative Fund and Polychain Capital. …
Take that, Facebook: Twitter to ban all political advertising starting in late November
Twitter Inc. today announced that it will ban all political advertising starting in late November, cutting off a potentially large revenue stream for the microblogging service in the run-up to the 2020 U.S. presidential election. In a series of tweets, Twitter Chief …
A tale of two bitcoin companies: Bitmain ousts co-founder, Canaan files for IPO
The world’s two largest bitcoin mining equipment makers are experiencing contrasting fortunes, with turmoil at market leader Bitmain Technologies Inc. while rival Canaan Creative went public with its initial public offering plans. At Bitmain, the trouble comes from the top. Co-founder and Executive Director …
Australian regulator sues Google for misleading consumers on data collection
The Australian Competition and Consumer Commission has filed a lawsuit against Google LLC claiming that the search giant has breached Australian consumer law by misleading consumers about the data it collects. Claimed to be the first time a regulator anywhere in the …
Uber sues Los Angeles over scooter location data-sharing requirement
Uber Technologies Inc. has filed a lawsuit against the Los Angeles Department of Transportation over the department’s attempt to obtain the location data of Uber-owned scooters in the city. The lawsuit, filed Monday and first reported by CNET, claims that LADOT’s demand that scooter data …
WhatsApp sues Israeli spyware firm NSO Group for allegedly hacking users
Facebook Inc.-owned WhatsApp today filed a lawsuit against Israeli spyware company NSO Group Technologies Ltd. claiming that the company illegally hacked users of the messaging service earlier this year. WhatsApp claims NSO Group was behind a hack in May in which accounts were …
Gig economy cloud recruitment startup Fountain raises $23M
Cloud recruiting platform startup Fountain today said it has raised $23 million in new funding to invest in research and development and accelerate product development. The Series B round into the company, formally known as Onboard IQ Inc., was led by DCM and included 51job, …