Duncan Riley
Latest from Duncan Riley
In apparent acquihire, Google acquires automation platform startup Onward
Google LLC has acquired Onward, a small San Francisco-based startup that was building a customer service automation platform, in what appears to be essentially a talent buy. The price of the acquisition is not known, but VentureBeat reported Tuesday that co-founders Rémi Cossart and Pramod Thammaiah have joined Google along with a small number of other employees ...
Report: Coinbase in talks to raise $500M on $8B valuation
Coinbase Inc., the first cryptocurrency exchange to become a unicorn, is reported to be raising even more money on an $8 billion valuation. Citing people familiar with the matter, Recode claimed Tuesday that the company is in talks with Tiger Global and existing shareholders for a round of up to $500 million. The deal is said to include $250 million in ...
Microsoft gets busy with a new range of Surface computing devices
Microsoft Corp. today debuted a new range of Surface products that are being hailed by even skeptical observers as “great upgrades.” As expected, Microsoft announced the Surface Pro 6, a two-in-one laptop/tablet hybrid with eighth-generation quad-core Intel Core i5 processors, a 12.3-inch display, up to 1 terabyte of solid-state disk storage and 13.5 hours of battery life. ...
Telegram desktop apps discovered to be leaking user IP addresses
Messaging app Telegram has long been favored for its security, including encryption deployed as standard. But a recently discovered flaw in desktop versions of Telegram has been found to be exposing IP addresses. Discovered by security researcher Dhiraj Mishra, the flaw in the Windows app and Telegram Desktop app exposes and records the IP address of a ...
Cryptocurrency exchanges accused of colluding to take control of EOS Blockchain
There’s yet more drama with the EOS Blockchain amid new accusations that Chinese cryptocurrency exchanges have been colluding to take control of the platform. The EOS blockchain is an “operating system” platform that can be compared to a cloud computing service such as Amazon Web Services Inc.’s. Parent company Block.One raised a record $4 billion in ...
Google is testing serious game streaming via a new Chrome service
Google LLC is moving forward with its game streaming project with a new partnership with Ubisoft Entertainment SA and a trial of a blockbuster game to go with it. Previously known internally as “Yeti,” the service, now known as Project Stream, is a “technical test to solve some of the biggest challenges of streaming,” according ...
Facebook appoints Adam Mosseri to lead Instagram after resignation of founders
Facebook Inc. today appointed Adam Mosseri, previously Instagram’s vice president of product, to lead the photo-sharing social network following the resignation of co-founders Kevin Systrom and Mike Krieger Sept. 24. In an effort to allay fears of internal dissent, the announcement was made by Systrom (pictured, right) and Krieger (left), who posed smiling together with Mosseri ...
Ad chief Sridhar Ramaswamy leaves Google to join Greylock Partners
It’s the end of an era at Google LLC as Sridhar Ramaswamy, the internet giant’s senior vice president of advertising and commerce, left the company today after 15 years to take up a position with venture capital firm Greylock Partners. Ramaswamy (pictured), who joined Google in 2003 and became head of the ad business five ...
Facebook could face EU fine of up to $1.63B over latest data breach
Facebook Inc. could be fined as much as $1.63 billion by the European Union over a data breach revealed Friday that compromised the accounts of 50 million users. The Wall Street Journal suggested the figure Sunday, reporting that Ireland’s Data Protection Commission, which is charged with investigating Facebook on behalf of the EU, has demanded information from ...
Musk out as chairman but remains CEO as Tesla settles SEC lawsuit
Elon Musk is out as the chairman of Tesla Inc., but will remain chief executive, as part of a settlement of a lawsuit filed by the U.S. Securities and Exchange Commission that threatened to ban him as a director or executive of any public company. The suit, filed in federal district court in the Southern District ...









