Duncan Riley
Latest from Duncan Riley
Uber reviews Asia business units in response to U.S. bribery investigation
Uber Technologies Inc. is reported to have launched a review into whether it broke antibribery laws in Asia following news in August that it was being investigated on those grounds by U.S. Department of Justice. Bloomberg reported that Uber has employed law firm O’Melveny & Myers LLP to examine foreign transaction records and to interview employees “raising questions about why some ...
iZettle raises $36M to develop next-generation fintech solutions
Swedish mobile payments startup iZettle AB has raised $36 million in debt financing from the European Investment Bank in a new push to develop next-generation fintech solutions to complement its existing mobile payments platform. Founded in 2010, iZettle offers small businesses portable point-of-sale solutions and free sales overview tools. Competing with the likes of PayPal Inc. and ...
Google set to reveal Home Mini smart speaker next month
Google LLC is planning to step up to the plate in its battle with Amazon.com Inc. for the smart home speaker market with a new, smaller version of Google Home set to be revealed at a company event scheduled for Oct. 4. Rather unimaginatively named the Google Home Mini, the new device is said to offer the same ...
To the dismay of some, W3C approves digital rights management for Web browsers
Much to the dismay of some, the World Wide Web Consortium has approved a digital rights management standard for Hypertext Markup Language 5, the standard markup language for creating web pages and web applications. The new standard, described as “Encrypted Media Extensions,” is an application programming interface that allows plugin-free playback of protected or encrypted ...
Bitcoin price bounces after Chinese bitcoin ban fears abate
The price of bitcoin surged past $4,000 in trading Monday following a market slump driven by a decision by China to ban bitcoin exchanges, as well as negative comments about the cryptocurrency from JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon. The ban in China, reported by SiliconANGLE on Sept. 11 but seemingly mostly unnoticed by ...
Department of Justice launches criminal probe into stock trading by Equifax executives
In another blow for hacked consumer credit reporting agency Equifax Inc., the U.S. Department of Justice has opened a criminal investigation into $1.8 million in stock sales made by three Equifax executives in the days prior to the public disclosure of its hack. The investigation is being run by prosecutors in Atlanta, Georgia, in conjunction with the ...
Report: Amazon is looking to acquire cable television channels
Amazon.com Inc. is looking to acquire cable television channels to expand its Prime video service, according to a new report. Sources quoted by NBC claimed that the e-commerce giant has started talks to buy scores of small television channels in an attempt to “supersize its video-channel business,” not just in the U.S. but around the globe. ...
The Pirate Bay caught hijacking computing power for cryptocurrency mining
Infamous entertainment media piracy site The Pirate Bay has been caught inserting the code for cryptocurrency mining software into its pages which without warning taps the computing power of visitors. The miner, provided by a company called Coin Hive, uses Javascript on a given web page to “borrow” the processing power of site visitors to ...
Terabytes of data stolen in hack of online music video site Vevo
Vevo, the online music video service owned by the big record companies with support from Google LLC, has been hacked, with the data stolen finding its way online — at least briefly. The Ourmine hacking group took responsibility for the hack and initially posted the data on its website. The stolen data included documents and promotional ...
‘They took our jerbs’: New ‘South Park’ episode lampoons rise of smart home devices
Spoilers ahead: In a return to form after a dismal 20th season, the television show ‘South Park’ returned to screens Wednesday with an episode that parodied home renovation shows, racism and, most importantly, the rise of smart home devices. The episode, titled “White People Renovating Houses,” started with a scene with core characters, including Cartman ...