Duncan Riley

Duncan Riley is a senior writer at SiliconANGLE covering Startups, Bitcoin, and the Internet of Things. Duncan is a co-founder of VC funded media company B5Media and founder of news site The Inquisitr, and was a senior writer at TechCrunch in its earlier days. Tips? Press releases? Intersting startup? email: duncan@nichenet.com.au or contact Duncan on Twitter @duncanriley

Latest from Duncan Riley

Bitcoin hits two-month high as positive news drives bull market

Bitcoin has hit its highest level in two months as a long-term bear run that started at the beginning of the year may have finally come to an end. While nowhere near its record highs, bitcoin was trading at $7,744.04 as of 10:30 p.m. EDT, up from $6,737.56 the same time last week and from ...

No honor among thieves: Exobot banking virus source code leaked online

The source code for the Exobot banking trojan virus has been leaked online, putting even more Android users at risk of being targeted by the software. First offered for sale in 2016 on the darknet, a shady part of the internet reachable by special software, Exobot was originally offered by the developers as malware-as-a-service. Hackers could ...

Internet-of-IPOs: Sonos and Arlo set price ranges ahead of July 30 public offerings

Smart speaker and audio tech maker Sonos Inc. and internet-connected camera maker and Netgear Inc. spinoff Arlo Technologies Inc. have both issued price guidance for their initial public offerings. They’re each scheduled for July 30 on the Nasdaq and New York Stock Exchange, respectively. Sonos said in its U.S. Securities and Exchange Commission filing that it ...

Robotics company data breach exposes trade secrets of Tesla and leading car makers

A data breach at a leading Canadian robotics company has exposed the trade secrets of a range of leading automakers and Tesla Inc. in seemingly yet-another case of misconfigured storage. The breach was discovered by security researchers at UpGuard Inc., which announced it Friday. The data was found via rsync, a common file transfer protocol used ...

Snap to close down Snapcash as Snapchat continues to decline in popularity

Snap Inc.’s efforts to take a slice of the peer-to-peer mobile payments market has failed. The Snapchat app maker said Sunday that it will close down its little-used Snapcash feature Aug. 30. Announced back in 2014, Snapcash was pitched as a way to allow friends to send each other money instantly by simply entering a cash ...

Report: Alphabet’s GV has replaced humans with AI for investment decisions

Alphabet Inc.’s venture capital arm GV, formerly Google Ventures, has replaced humans with artificial intelligence when it comes to investment decisions, at least according to a report published Thursday. Axios made the claim, saying that GV uses an algorithm called “The Machine” that effectively permits or prohibits both new and follow-on investments. The Machine, which ...

Lab testing firm LabCorp struck by SamSam ransomware attack

Laboratory Corp. of America Holdings, better known as LabCorp, is the latest victim of ransomware as the company disclosed that it had detected “suspicious activity” on its information technology network over the weekend. The company, claimed by Forbes to be the biggest blood testing firm in the U.S. with dozens of locations, said in an 8-K filing lodged ...

Uber signs deal with Cargo to upsell customers in-car convenience products

Uber Technologies Inc. drivers are now going to upsell their riders on snacks and other in-car convenience goods after the company signed a deal with Cargo Systems Inc. The contract, which will eventually see Uber drivers flogging snacks, beverages, electronics and beauty products initially in San Francisco and Los Angeles but eventually across the country. “Rideshare ...

Alphabet’s Loon signs first commercial contract to take to the sky over Kenya

Less than two weeks after being spun off as a standalone business, Alphabet Inc.’s internet balloon company Loon LLC has landed its first paying customer: African mobile provider Telkom Kenya. Under the deal Loon, formerly a part Alphabet’s and before that Google LLC’s experimental X division, will deploy a system of balloons to beam high-speed ...

Congressional committees get mixed messages on cryptocurrency regulation

Two separate Congressional committees Wednesday got mixed messages on cryptocurrencies, hearing the full gamut of opinions ranging from banning them to embracing them with reasonable regulation. First up in the morning was a hearing of the House Committee on Agriculture on “Cryptocurrencies: Oversight of New Assets in the Digital Age,” with a variety of witnesses ...