Duncan Riley
Latest from Duncan Riley
Updated: Microsoft Corp. today confirmed an issue with its Windows Activation service that has seen some users downgraded from Windows 10 Pro to Windows 10 Home. The first reports of the issue appeared on Microsoft’s Community Forums and Reddit. Users reported that …
IT service management firm Samanage raises $30M
Information technology service management firm Samanage Inc. today said it has raised $30 million in new funding to accelerate its growth and expand internationally. The new round, from Morgan Stanley Expansion Capital, a private investment platform within Morgan Stanley Investment Management, brings …
Square stock falls on lower fourth-quarter revenue forecast
Shares in payments startup Square Inc. dropped in after-hours trading today after the company predicted lower-than-expected estimates for its current quarter. Beating market expectations, Square reported a profit of 13 cents a share, versus an expected 11 cents, with total revenue coming …
Ford buys Spin as electric scooter-sharing war heats up
Ford Motor Co. has hopped onto the electric scooter-sharing market through its acquisition of Spin, a competitor to Bird Rides Inc. and LimeBike Inc. The price of the deal for the company, formally named Skinny Labs Inc., was not disclosed. Axios reported a price …
Samsung debuts prototype of its dual-screen foldable phone
Samsung Electronics Co. Ltd. debuted a raft of new features and services at its annual developer conference today, the standout a demonstration of its long-awaited foldable phone prototype. The Samsung Infinity Flex display is a 7.3-inch, 1536-by-2152-pixel OLED display that can be …
Cryptocurrency mining firm Bitfury raises $80M to expand its chip and blockchain development
Cryptocurrency mining firm Bitfury Group Ltd. today said it has raised $80 million via a private placement to continue to develop both its customizable chips and its blockchain platform. Founded in 2011, Bitfury is best known for its application-specific integrated circuit or ASIC …
In electric vehicle push, Hyundai doubles down on Asian ride-hailing startup Grab
Hyundai Motor Co. again invested in Southeast Asian ride-hailing startup Grab Taxi Pte. Ltd. today to the tune of $250 million as part of a push to roll out electric vehicles. The South Korean carmaker last invested in Grab in January as …
Hackers hijack Statcounter code in an attempt to steal bitcoin
Old-school web traffic analysis tool provider Statcounter Inc. has been hacked, exposing users of the service to malicious code that attempts to steal bitcoin. Statcounter, established in 1999, offers a visitor tracking service that involves users installing JavaScript code on their websites to …
Pro version of Microsoft’s WhatsApp rival Kaizala now free for Office365 subscribers
Microsoft Corp. is rolling out the Pro version of Kaizala, an app similar to WhatsApp, to Office365 subscribers for free in an apparent effort to take on the Facebook Inc.-owned messaging service. Kaizala, started as a Microsoft Garage project in India, is …
Hyundai invests in Israeli deep learning computer vision startup allegro.ai
Carmaker Hyundai Motor Company today said it has made a strategic investment in allegro.ai, an Israeli startup that is developing a deep learning computer vision platform, through its investment arm Hyundai CRADLE. The amount of the deal was not disclosed. As part of …