Duncan Riley
Latest from Duncan Riley
The U.S. Department of Commerce has temporarily lifted a portion of its ban on ZTE Corp. accessing U.S. technology as a deal brokered by the Trump administration moves closer to fruition despite attempts to block it. Under the temporary reprieve issued Monday, ZTE will …
Uber in merger talks with Middle East ride-hailing startup Careem
Uber Technologies Inc. is aiming to consolidate its international operations ahead of an initial public offering, with the ride-hailing giant said to be in talks with Middle Eastern startup Careem Networks FZ. Bloomberg reported that the companies are in preliminary talks about a …
Cryptocurrency deadpool: Over $1B lost in 1,000+ initial coin offerings
More than $1 billion has been lost through at least 1,000 dead coins and tokens offered through initial coin offerings in 2017, according to an analysis of two leading sites. The numbers come from Coinopsy and DeadCoins, two sites that track so-called “dead” …
Tesla loses top engineer as Model 3 production finally hits 5,000 a week
Troubled electric car maker Tesla Inc. has lost its top engineer, but today it said it has finally hit production targets on the Model 3 assembly line. Doug Field, Tesla’s senior vice president of engineering, left the company last week after a …
Facebook reported to have acquired Bloomsbury AI to help combat ‘fake news’
Facebook Inc. is buying U.K. artificial intelligence startup Bloomsbury AI Ltd., according to multiple reports Monday, in a move that will help the social networking giant to analyze text and combat so-called “fake news.” TechCrunch broke the story, saying the acquisition would …
Lyft agrees to acquire core assets of bike sharing firm Motivate for $250M
Ride-hailing startup Lyft Inc. is riding into the bike sharing market in a big way, agreeing to acquire the core assets of Motivate International Inc., the largest operator in North America. The price of the acquisition wasn’t disclosed, but the New York Times …
Disney is developing robots that could replace stuntmen in movies and theme parks
Much has been written on the potential for robots to replace humans in all sort of industries in the future. Now, in a blockbuster twist, the Walt Disney Co. is currently developing robots that may eventually be able to replace stuntmen in both …
Cloud survey and form startup Typeform suffers mystery data compromise
Cloud survey and form building startup Typeform S.A. has been compromised as an unknown attacker stole a backup database that included data from across multiple companies that use the service. Details of the compromise are sketchy. Typeform said that on June 27, “our engineering …
Alphabet reportedly investing in electric scooter startup Lime
Electric scooter startup LimeBike Inc. will count both Alphabet Inc. and the former Google Ventures unit GV among its investors upon closing its latest round, according to a report published over the weekend. The Financial Times, quoting people knowledgeable about the deal, …
In a sign of things to come, California governor signs GDPR-style privacy law
California Governor Jerry Brown Thursday signed off on one of the strictest privacy laws in the U.S. in what could be a sign of legislative things to come in a post-European Union General Data Protection Regulations world. The California Consumer Privacy Act of 2018, …