Duncan Riley
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The Triton malware that targeted industrial control systems in the Middle East in December has been linked to Russia in a newly published report. FireEye Inc. claimed Tuesday that the malware, believed responsible for the shutdown of a petrochemical plant in Saudi Arabia, was …
In a big boost for Circle, Coinbase to offer USD Coin support to customers
Bitcoin and blockchain startup Circle Internet Financial Inc. just got a big boost for its burgeoning USD Coin, gaining the support today of cryptocurrency exchange Coinbase Inc. The USDC stablecoin was announced by Circle in May alongside a round of funding before being offered …
Report: Cloudflare preparing to go public in 2019
Content delivery network provider Cloudflare Inc. is preparing for an initial public offering, according to an unconfirmed report. Reuters, quoting “people familiar with the matter,” claimed that the popular CDN provider is looking at going public in the first half of the …
Ford to start testing self-driving cars on the streets of Washington D.C.
Ford Motor Co. will set a historic first as the first company to deploy self-driving vehicles onto the streets of Washington D.C. The test of the vehicles, run in conjunction with Argo AI, the artificial intelligence startup it invested $1 billion into back …
Uber corporate development head resigns over sexual misconduct scandal
Just as Uber Technologies Inc. had managed to get back on track ahead of its initial public offering next year, the company has been struck by another sexual misconduct scandal. Cameron Poetzscher (pictured), Uber’s head of corporate development, has resigned following the publication …
Apple, Amazon and Super Micro call on Bloomberg to retract China spy chip story
The three major companies named in a Bloomberg report that claimed that their hardware had been infected with tiny Chinese spy chips are calling on the news service to retract the story. Bloomberg claimed in the report that Chinese intelligence had secretly implanted …
Data stolen in hack of Affordable Care Act enrollment system
Hackers have stolen data relating to 75,000 people who registered with Healthcare.gov, the Affordable Care Act website. Those behind the hack did not hack the site directly but via the Federally Facilitated Exchanges portal used by healthcare insurance agents and brokers to …
Report: Facebook looking to buy a major cybersecurity firm
Facebook Inc. is apparently looking to buy a “major” cybersecurity company, according to a report published over the weekend. The Information, quoting “four people familiar with the matter,” claimed that the social networking giant has already approached several firms with acquisition offers. …
Chinese autonomous vehicle startup Momenta raises money on $1B valuation
Chinese autonomous vehicle startup Momenta has raised new funding on a unicorn valuation of $1 billion. Although the amount raised was not disclosed, the company, formally known as Beijing Chusudu Technology Co. Ltd., said it has now raised “more than $200 million” to …
Cryptocurrency wallet and custody startup BitGo raises $57.5M
Enterprise cryptocurrency wallet and custodial services startup BitGo Inc. Thursday said it has raised $57.5 million in new funding to support the development of its “$1 trillion crypto wallet.” The Series B round included Goldman Sachs, Galaxy Digital Ventures, Valor Equity Partners, Craft Ventures, …