Duncan Riley
Latest from Duncan Riley
Report: Uber to announce acquisition of ride-hailing startup Careem this week
Uber Technologies Inc. will announce that it has acquired Middle Eastern ride-hailing startup Careem Networks FZ this week, according to a report published Sunday. Bloomberg, quoting sources, said Uber will pay $1.4 billion in cash and $1.7 billion in convertible notes for Careem. The notes will be convertible into Uber shares at a price equal to ...
New Chromium-based version of Microsoft Edge browser leaks online
An early-build copy of Microsoft Corp.’s new Chromium-based Edge browser has been leaked online, giving a first look at what the software giant has in store for its latest browser incarnation. Microsoft was first reported to be developing a new version of Edge based on Chromium, the open source code base used by Google Chrome, ...
Here’s what to expect at Apple’s big launch event Monday
The rumor mill is in overdrive ahead of Apple Inc.’s product event Monday at the Steve Jobs Theater at its Cupertino, California headquarters. The launch of new streaming services is a given, though hardware likely isn’t on the agenda after Apple launched new iPads and iMacs during the week. Here’s what to expect at the event, ...
Mobile workforce management startup Skedulo raises $28M
Mobile workforce management startup Skedulo Holdings Inc. today said it has raised $28 million in new funding to more than double its headcount across its four offices, including adding 60 new employees to its Australian offices. The Series B round was led by M12 and includes existing investors Blackbird and Costanoa Ventures. As part of the ...
Cboe to dump support for bitcoin futures contracts in June
Fifteen months after launching support for bitcoin futures, Cboe Global Markets today announced that it’s dropping them when the last existing contracts expire in June. The Cboe was the first exchange to list bitcoin futures and did so with much fanfare in December 2017. The XBT contracts gave the holder the ability to buy or sell ...
Technical issue exposes customer data via Sprint website
Sprint Corp. customers are reporting that they can see information from other customers via their online accounts, a technical issue that’s exposing private personally identifiable information. The data exposed included first and last names, cell phone numbers and prior calls that users made. One person told TechCrunch Monday that she had seen the details of 22 ...
Ransomware attack cripples production at aluminum maker Norsk Hydro
Norsk Hydro ASA, one of the world’s largest producers of aluminum, has had to partially cease operations after its networks were infected with the LockerGoga ransomware. The Norwegian company, with operations in 50 countries, first detected the ransomware attack early morning Tuesday Central European Time, but by that point, the infection had already spread across ...
Mark Karpeles escapes prison as court dismisses most Mt. Gox-related charges
Former Mt. Gox founder and Chief Executive Officer Mark Karpeles is now a free man after a court in Japan dismissed all charges against him except a minor one related to record-keeping. Mt. Gox was a bitcoin exchange that shut down in 2014 after hackers allegedly stole all the funds in the exchange, worth around ...
Phishing campaign targets Instagram users with fake copyright notices
A new phishing campaign targeting Instagram users is using fake copyright infringement notices to steal user credentials. Detailed by security researchers at Kaspersky Lab Friday, the campaign sees Instagram users targeted with an email that pretends to be from Instagram. The emails, usually with an address coming from an official-looking URL such as theinstagram.team read ...
Report: Lyft to start roadshow Monday ahead of IPO at the end of March
Lyft Inc. is starting an investor roadshow Monday in an effort to persuade investors to buy into its initial public offering. That’s according to CNBC, which reported today that Lyft will meet with investors across the United States before pricing the IPO and listing on the Nasdaq at the end of the month. Separately, Bloomberg, quoting people familiar with ...









