Duncan Riley
Latest from Duncan Riley
Silicon Valley self-driving car technology startup Drive.ai is apparently on the market and looking for a buyer, according to an unconfirmed report. The Information reported today that the firm has hired investment bank Jefferies as an adviser and in recent weeks told bigger rivals it is interested …
Report: Uber in advanced talks to acquire Middle Eastern ride-hailing startup Careem
Uber Technologies Inc. is said to be in advanced talks to acquire Middle Eastern ride-hailing startup Careem Networks FZ, according to a report published Thursday. Bloomberg reported today that the two companies may announce a cash-and-shares transaction that values Careem at about $3 billion in the coming …
Amazon stops selling press-to-order Dash buttons
Amazon.com Inc. today announced that it no longer will sell Dash buttons, the single-item press-to-order devices they first launched in 2015. The physical Amazon Dash buttons were roughly the size of a packet of gum and allowed users simply to press the …
Dow Jones risk screening watchlist exposed on misconfigured AWS server
Another day, another data exposure on a misconfigured Amazon Web Services Inc. server instance. The latest one, however, involved an especially high-profile company: Dow Jones & Co. A list maintained by Dow Jones, owned by News Corp. since 2007, was found by …
Blockchain home equity loan startup Figure raises $65M
Figure Technologies Inc., a home equity financial technology startup that uses blockchain tech to facilitate loans, today said it has raised $65 million in new funding to bolster its product offering and growth. The Series B round was led by RPM Ventures …
Infamous ‘cryptojacking’ service Coinhive will close down in March
Coinhive, the in-browser cryptocurrency mining service that is loved by hackers, is closing down. Launched in 2017, Coinhive offers code that website owners can insert into their pages that forces visitors to mine for Monero, a cryptocurrency popular with hackers given its …
Apple lays off 190 staff from its self-driving car project
Apple Inc. is laying off 190 staff members who were working on its “Project Titan” self-driving car development project, confirming reports first published Jan. 24. The exact number of layoffs came via a filing Apple lodged today with the California Employment Development Department. The …
Cybercriminals make $3.25B+ a year using social media
As bad as content such as anti-vaccine material on Facebook Inc. or alleged suicide instruction videos on YouTube look, a new report out today details an even more nefarious use of social media: the promotion of cybercrime tools. The report, “Social Media Platforms …
Vulnerabilities leave devices supporting Thunderbolt open to hacking
Devices offering support to Thunderbolt peripheral and charging connectors are vulnerable to hacking, according to newly published research. Thunderbolt is a peripheral standard developed by Apple Inc. and Intel Corp. that was first seen on Apple computers with Thunderbolt 1 and 2 and …
SoFi to offer customers cryptocurrency trading via deal with Coinbase
Online personal finance provider Social Finance Inc. today added support for cryptocurrency trading through a new partnership with Coinbase Inc. The deal will allow customers of the startup to check prices and buy certain cryptocurrencies, although exactly which cryptocurrencies was not specified. …