Duncan Riley
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Facebook Inc.-owned photo-sharing app Instagram is continuing on its merry expansion path, launching a new group video chat feature as new data finds that its users are more obsessed with the service than ever. Users can now hold a video chat for up …
Cloud-based drone mapping startup DroneDeploy raises $25M
Cloud-based drone mapping and analytics platform DroneDeploy today said it has raised $25 million in new funding to expand both its offerings and its ecosystem of platform apps. The Series C round, bringing company’s total funding to $56 million, was led by Invenergy Future Fund …
Report finds the hospitality industry becoming a favorite target of DDoS attacks
The hospitality industry has become the favorite target of botnets and distributed denial-of-service attacks. That’s the surprising takeaway from a report released today by Akamai Technologies Inc. The Summer State of the Internet Security report, which delved into cyberattack trends for the six-month period …
Crypto confidence boost? Andreessen Horowitz launches dedicated $300M fund
In a confidence boost to the cryptocurrency market, leading Silicon Valley venture capital firm Andreessen Horowitz today launched its first dedicated crypto-focused fund to invest in crypto companies and protocols. The a16z crypto fund, which starts with $300 million in its investment …
Instagram valued at $100B thanks to higher user numbers and new services
Facebook Inc.-owned photo-sharing app Instagram continues to go from strength to strength, with one analyst today valuing the service at $100 billion. That’s 100 times more than the social network giant paid for the company in 2012, as Instagram’s user numbers continue to …
Apple releases first public beta test versions of iOS 12 and macOS Mojave
Apple Inc. today released the first beta test versions of its main operating systems, iOS 12 and macOS Mojave, giving early adopters their first taste of the software announced at the Worldwide Developers Conference June 4. Leading the headlines is the iOS …
Europe’s GDPR leveraged in new form of cyberattack dubbed a ‘ransomhack’
The introduction of the European Union’s General Data Protection Regulation law pertaining to online privacy has seen the creation of a new form of targeted cyberattack dubbed a “ransomhack.” First described by Bulgarian security company Tad Group, a ransomhack differs from traditional ransomware …
Security researchers warn of links to fake Fortnite Android apps
Fortnite fans are being warned of links to fake Android apps purporting to offer the game, not least because game creator Epic Games has yet to release an official Android app. If you haven’t heard of Fortnite yet, it is currently the most …
Blockchain-based video startup TaTaTu claims to have raised $575M in initial coin offering
TaTaTu Enterprises Ltd., a blockchain-based video startup that rewards users for watching and sharing videos, claims it has raised $575 million via an initial coin offering of TTU, making it the third-largest ICO on record behind Telegram and Block.one. The company, founded by Italian-Canadian …
Report: Data search software startup Elastic has filed to go public
Elasticsearch BV, the data search software startup that trades under the name of Elastic, is set to go public. Recode late Thursday quoted people familiar with the matter saying that the company has confidentially filed its S1 initial public offering paperwork with the U.S. …