Duncan Riley
Latest from Duncan Riley
An 18-year-old German security researcher has published details of a serious vulnerability in macOS but refused to share the details with Apple as a protest against the company’s not having a bug bounty program. The researcher, Linus Henze, demonstrated the “KeySteal” vulnerability …
After beating earnings forecast, Fortinet cuts guidance but stock rises anyway
Cybersecurity firm Fortinet Inc. beat market expectations with its fourth-quarter earnings today but lowered estimates for the first quarter. Investors didn’t seem to mind. For the fourth quarter ending Dec. 31, Fortinet reported net income of $182.8 million, or $1.04 a share, compared with a …
Self-driving truck startup Ike Robotics raises $52M
Ike Robotics Inc., a self-driving truck startup founded by former Apple Inc., Google LLC and Uber Technologies Inc. engineers, today said it has raised $52 million in venture capital funding. The round was led by Bain Capital Ventures and included Redpoint Ventures, Fontinalis Partners, …
Report: Reddit raising $150M to $300M on $2.7B valuation
Reddit Inc. is reportedly raising between $150 million and $300 million in new venture capital funding on a valuation of $2.7 billion. According to an unconfirmed report published Tuesday by TechCrunch, the round will be led by Chinese internet giant Tencent Holdings Ltd., somewhat …
Zcash cryptocurrency developers detail vulnerability that could have allowed counterfeiting
The developers behind the privacy-focused Zcash cryptocurrency have disclosed a now-fixed flaw that could have allowed hackers to create an infinite number of counterfeit tokens. Detailed by developers Josh Swihart, Benjamin Winston and Sean Bowe in a blog post today, the flaw could …
Restaurant chain Huddle House hacked in point-of-sale attack
Huddle House Inc., a restaurant chain with more than 300 locations across the U.S. Southeast, has advised that customer data has been stolen in a point-of-sale attack. The hack, first detected by a credit card provider Jan. 3 but believed to date …
Kraken buys cryptocurrency firm Crypto Facilities for a 9-figure sum
Cryptocurrency exchange Kraken today said it has acquired U.K. cryptocurrency exchange and indices firm Crypto Facilities Ltd. in a deal described as worth a nine-figure sum. The exact price was not disclosed, but most reports peg the figure at about $100 million, the same figure Kraken, …
Facebook scoops up blockchain startup Chainspace talent in apparent acquihire
Facebook Inc. has purchased a blockchain startup called Chainspace in an apparent acquihire, according to reports. Cheddar first reported the purchase of the company, formally named Daffodil Ltd., saying the deal will see four of the five researchers behind Chainspace’s academic white paper join Facebook’s blockchain group. …
Google launches new AI-powered apps to assist those with hearing impediments
Google LLC today released two new apps that tap into artificial intelligence and machine learning to assist those with hearing impediments. The first app, Live Transcribe, transcribes speech to text live via the app installed on an Android phone. Tapping into Google’s existing …
Bitcoin is now in its longest-ever bear run
Bitcoin hit a new record over the weekend, the longest bear run for the cryptocurrency since its creation in October 2008. The bear run started in December 2017 as bitcoin hit highs near $20,000. As of a little before 9 p.m. EST tonight, …