Duncan Riley
Latest from Duncan Riley
Blockchain startup Oasis Labs Inc. today announced a partnership with a number of leading venture capital firms to launch a blockchain accelerator dedicated to privacy-first computing. The Oasis Startup Hub, with backing from a16zcrypto, Accel, Binance Labs, Pantera Capital and Polychain Capital, will provider blockchain …
Consumer version of Google+ to be shut down following data exposure
Google LLC is shutting down the consumer version of its Facebook Inc. competitor Google+ after it was reported that the platform has been exposing user data for years. Although many expected the little-used social networking service to go out with a whimper …
Homeland Security latest to deny Bloomberg report about Chinese spy technology
The U.S. Department of Homeland Security has backed Amazon.com Inc., Apple Inc. and others in essentially denying a report published by Bloomberg Oct. 4 that claimed China had inserted tiny spying devices in various forms of technology. Bloomberg claimed in its report …
Amazon plans to expand its Go stores to 3,000 locations, including the UK
Less than a year after its launch of its Amazon Go chain of checkout-free shops, Amazon.com Inc. is looking to expand the stores to 3,000 locations, including the United Kingdom. The stores, originally starting with a concept store in Amazon’s home town of …
Microsoft withdraws Windows 10 update after users claim it deletes files
Microsoft Corp. withdrew the latest update to Windows 10 over the weekend after reports emerged from users that it mysteriously deleted files on machines it was installed on. Windows 10, described at its launch in 2015 as the last operating system Microsoft would …
Tesla share price falls after Musk mocks SEC on Twitter and judge questions settlement
Updated Friday: The share price of Tesla Inc. plunged Thursday and Friday as Chief Executive Officer Elon Musk mocked the U.S. Securities and Exchange Commission on Twitter and a judge questioned whether Tesla’s SEC settlement was reasonable. Musk (pictured), along with Tesla, …
Report: Facebook looking to set up location-based virtual reality experiences
Facebook Inc. is doubling down on its efforts to take virtual reality mainstream with a report claiming that the company is looking to set up VR centers and arcades in malls and movie theaters. Variety claimed Facebook’s Oculus VR division is hiring for …
Yahoo launches new messaging app that channels Slack and ICQ
Yahoo LLC is trying to deal itself back into the messaging market with a new app, which may surprise people who didn’t realize the company still exists in 2018. The new app, called “Yahoo Together,” is being pitched as a replacement to …
As its share price hits record low, Snap aims to get profitable next year
Snap Inc., a company famous for saying in its initial public offering documents that it may never be profitable, is now trying to be profitable, according to a memo to staff from Chief Executive Officer Evan Spiegel. The memo, dated Sept. 26 and first …
Shares of enterprise search firm Elastic nearly double in IPO
Shares of enterprise search engine firm Elasticsearch BV jumped 94 percent today on their first day of trading after the company’s initial public offering. On Thursday, the company had set the price of its shares at $36 ahead of its debut on …