Duncan Riley
Latest from Duncan Riley
Team messaging services provider Slack Technologies Inc. is raising a new round of about $400 million on a valuation of $7 billion, according to an unconfirmed report published Tuesday. TechCrunch made the claim late Tuesday, saying that it has heard from “multiple sources” that …
Overstock tZERO ‘Security Token Offering’ closes in successful debut of ICO alternative
Overstock.com Inc. has closed its Security Token Offering for its tZERO market blockchain platform early in an apparent sign of success for an alternative fundraising method to initial coin offerings. tZERO was announced in December with Overstock seeking to raise $250 million …
West Virginia blockchain-based mobile voting raises security concerns
Blockchain-based mobile voting startup Voatz Inc. has landed its first big contract, with the State of West Virginia agreeing to use its platform for military voting. But the news has raised security concerns. Voatz first came onto the radar in January when it raised $2.2 …
Millennial love affair ends as Snap reports declining user numbers
The millennial love affair with Snapchat is officially over: Parent company Snap Inc. today reported its first-ever decline in active users in its second quarter. In a mixed bag of results, the messaging app maker reported $262.3 million in revenue and a …
Report finds most enterprises fail to implement security across DevOps process
Most organizations want to implement security into the entire DevOps process, but they’re struggling to do so. That’s the biggest takeaway from a new report out today from security firm Checkmarx Ltd. “Managing Software Exposure: Time to Fully Embed Security into Your Application Lifecycle” …
Bitcoin price plunges again but Goldman Sachs may help turn that around
The price of bitcoin continued to fall Monday as a bull run that peaked at the end of July came to an end. But a rumor that Goldman Sachs Group Inc. may be about to offer bitcoin support to institutional clients could …
Google launches Android 9, dubbed Pie, with AI ‘baked in’
Google LLC today moved forward on the Android front, rolling out the next iteration of its mobile operating system Android 9 and acquiring a startup that makes mobile graphics benchmarking tools to assist in Android development. Succeeding the previous Android version called Oreo, …
Coinbase poaches AWS serverless computing chief Tim Wagner as VP of engineering
Coinbase Inc. today said it has hired Tim Wagner, previously a general manager at Amazon Web Services Inc., to become vice president of engineering at the rapidly growing cryptocurrency outfit. Wagner joins Coinbase with a wealth of experience in cloud services and …
Credit card provider TCM Bank leaks customer details via misconfigured website
Florida-based TCM Bank N.A., a company that primarily offers credit card services to credit unions and other small financial institutions, has been found to be exposing the personal data of credit card applicants for over a year. The breach was reported Friday by security …
Apple chipmaker TSMC recovers after virus cripples manufacturing line
Taiwanese chip maker Taiwan Semiconductor Manufacturing Co. Ltd., best known as the main component maker for Apple Inc.’s iPhone, is recovering today from a virus that crippled at least 80 percent of its manufacturing line on Friday. Known by the abbreviation of TSMC, …