Duncan Riley
Latest from Duncan Riley
Facebook Inc. has patched a serious vulnerability in its Instagram app that could have allowed a malicious actor to access user data including names, phone numbers and Instagram account numbers. Discovered by an Israeli hacker known as ZHacker13 and first reported by …
SmileDirectClub flops in one of the worst-performing IPOs in decades
Proving that investors will not always tolerate money-losing tech companies going public, online “teledentistry” startup SmileDirectClub flopped on its Nasdaq debut on Thursday with shares in the company down 27.5% as of the close of regular trading, making it one of the worst-performing …
French finance minister wants to block Facebook’s Libra in the EU
France will block Facebook Inc.’s Libra cryptocurrency within its own borders and will also attempt to block it within European Union. The announcement came Thursday from France’s Minister of the Economy and Finance, Bruno Le Maire (pictured) who told an Organisation for Economic Co-operation …
Voyage raises $31M to advance its self-driving car technology
Self-driving car startup Voyage Auto Inc. said today it has raised $31 million in new funding to ready its self-driving technology for commercialization. The Series B round will also be used to hire more staff and expand its fleet of self-driving cars. It …
Kaspersky permanently banned from providing services to the US government
Kaspersky Lab has been permanently banned from providing services to U.S. government agencies following a temporary ban placed on the company because of allegations of Russian government links in 2017. The permanent ban, made under the 2018 National Defense Authorization Act, bars all …
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, …
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 …
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 …
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 …
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 …