Duncan Riley, Author at SiliconANGLE

Infra

Facebook could face EU fine of up to $1.63B over latest data breach

By Duncan Riley Sep 30, 2018

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…

Emerging Tech

Musk out as chairman but remains CEO as Tesla settles SEC lawsuit

By Duncan Riley Sep 30, 2018

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…

Infra

Feds called in as the Port of San Diego is crippled by a ransomware attack

By Duncan Riley Sep 27, 2018

The U.S. Federal Bureau of Investigation and Department of Homeland Security have been called in to investigate a ransomware attack that has crippled the computer network of the Port of San Diego. In a…

Cloud

Cloudflare seeks to disrupt domain registration market with cut price new service

By Duncan Riley Sep 27, 2018

Content delivery network provider Cloudflare Inc. is seeking to disrupt the domain name registration market with a new service that promises to only charge the wholesale cost, without profit, for domain names. Cloudflare Registrar,…

Emerging Tech

Swiss ‘cryptobank’ startup SEBA raises $102M in funding

By Duncan Riley Sep 27, 2018

SEBA Crypto AG, a Swiss startup founded by former UBS Group AG managers has raised 100 million Swiss francs ($102 million) in funding to build what is described as a “cryptobank.” The funding came from domestic…

Emerging Tech

SEC sues Elon Musk, seeks to have him banned as a company director, Tesla stock drops 14%

By Duncan Riley Sep 27, 2018

Erratic genius Elon Musk’s days as the head of Tesla Inc. may be numbered as the U.S. Securities and Exchange Commission today not only sued him but is seeking to have him banned as…

Emerging Tech

Cryptocurrency hardware maker and miner Bitmain files to go public in Hong Kong

By Duncan Riley Sep 26, 2018

Chinese cryptocurrency hardware maker and miner Bitmain Technologies Inc. is going public, filing paperwork today for an initial public offering with The Stock Exchange of Hong Kong. Founded in 2013, Bitmain manufactures its own cryptocurrency mining equipment…

Emerging Tech

Ahead of a 2019 IPO, Lyft doubles revenue in the first half of the year

By Duncan Riley Sep 26, 2018

Ride-hailing startup Lyft Inc. is booming as it heads toward an initial public offering next year, according to a report published Wednesday. Quoting internal Lyft documents, The Information reported that Lyft more than doubled its…

Emerging Tech

Circle jumps on the stablecoin bandwagon with USD//Coin

By Duncan Riley Sep 26, 2018

Bitcoin and blockchain startup Circle Internet Financial Inc. is the latest company to jump on the stablecoin bandwagon with the launch USD//Coin (USDC), a cryptocurrency linked to the price of the U.S. dollar. Announced by the…

Emerging Tech

Machine learning cybersecurity startup Darktrace raises $50M on $1.65B valuation

By Duncan Riley Sep 26, 2018

Machine learning cybersecurity startup Darktrace Ltd. said today it has raised $50 million in new late-stage funding on a valuation of $1.65 billion to further international expansion and development. The Series E round was led by Vitruvian Partners and…

Duncan Riley

Musk out as chairman but remains CEO as Tesla settles SEC lawsuit

Feds called in as the Port of San Diego is crippled by a ransomware attack

Cloudflare seeks to disrupt domain registration market with cut price new service

Swiss ‘cryptobank’ startup SEBA raises $102M in funding

SEC sues Elon Musk, seeks to have him banned as a company director, Tesla stock drops 14%

Cryptocurrency hardware maker and miner Bitmain files to go public in Hong Kong

Ahead of a 2019 IPO, Lyft doubles revenue in the first half of the year

Circle jumps on the stablecoin bandwagon with USD//Coin

Machine learning cybersecurity startup Darktrace raises $50M on $1.65B valuation

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