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

Tidal investigates data breach that led to allegations of fraud, financial issues

Prominent music streaming service Tidal is facing trouble on multiple fronts. The service said Friday it’s investigating a “data breach” that resulted in a publication claiming the company was artificially inflating numbers at the same time it’s falling behind in paying artist royalties. The data breach relates directly to a report first published by newspaper Dagens Naeringsliv ...

Child tracking service TeenSafe exposes passwords on misconfigured AWS storage

A smartphone monitoring service designed to allow parents to track teenagers has been found to have exposed passwords, in plain text no less, on a publicly available Amazon Web Service’s S3 storage instance. First reported by ZDNet, the data breach relates to a service provided by TeenSafe Inc., a seven-year-old Santa Monica, California-based company that ...

Elon Musk lashes out at media as Tesla woes continue to mount

Tesla Inc. is in the news again for all the wrong reasons: a new crash under investigation, potential money issues and Chief Executive Officer Elon Musk attacking the media. At the top of the list is yet another crash involving a Tesla vehicle with autopilot engaged. The crash, involving a Model S that on May 11 ran ...

PayPal snaps up Swedish mobile payments startup iZettle for $2.2B

PayPal Holdings Inc. today said it has agreed to acquire Swedish mobile payments startup iZettle AB in a $2.2 billion deal that will see PayPal directly take on onsite payment processing companies such as Square Inc. Founded in 2010, iZettle offers small businesses portable point-of-sale solutions and free sales overview tools, often earning in the description of being ...

Smart home device sales heat up as Google gains market share from Amazon

Interest in smart home speakers is heating up: New sales figures show Amazon.com Inc. falling below 50 percent of the market for the first time as competitors led by Google Inc. have continued to grab more market share. According to new numbers from Strategy Analytics, 9.2 million smart home devices shipped in the first quarter. ...

Economist estimates bitcoin will use 0.5% of world’s energy by the end of the year

Bitcoin mining will use 0.5 percent of the world’s energy by the end of the year, according to newly published, peer-reviewed study. Written by economist and PricewaterhouseCoopers blockchain specialist Alex de Vries, the paper, “Bitcoin’s Growing Energy Problem,” calculates bitcoin’s current energy use and its likely direction. The findings: At a minimum, bitcoin mining — the ...

Didi Chuxing implements new safety features after driver murders woman

Uber Technologies Inc. is not the only ride-hailing company with problems. Didi Chuxing Technology Co., the world’s largest startup by valuation, Wednesday was forced to make changes to one of its apps after a customer was murdered. The murder of a 21-year-old woman by a Didi driver in the central province of Henan was tied back ...

SEC sets up fake initial coin offering site to educate investors

The U.S. Securities and Exchange Commission has set up a page for a fake initial coin offering as a way of educating potential investors of ICO risks. Dubbed “Howeycoin,” the mock ICO website touts a too-good-to-be-true investment opportunity that mimics actual initial coin offerings as a way to “educate investors about what to look for before ...

Securus, the company that tracks cell phones for prisons, has been hacked

Securus Technologies Inc., a company best known as a go-to firm for U.S. prisons that want to track and monitor phones, has itself been hacked, according to a report from Motherboard. When the hack took place is not clear, but the report claims to have evidence of at least 2,800 logins and poorly encrypted passwords relating ...

After raising $110M, Circle raises announces new US dollar-linked cryptocurrency

Bitcoin and blockchain startup Circle Internet Financial, Inc. has raised $110 million in new funding as a “strategic investment” while also announcing its intent to launch a new cryptocurrency tied to the U.S. dollar. The new round announced Tuesday, the first since 2016, was led by Bitmain, with the participation of IDG Capital, Breyer Capital, General Catalyst, Accel, Digital Currency ...