Duncan Riley
Latest from Duncan Riley
A cryptocurrency trading assistant startup that recently completed an initial coin offering has been hacked, with around $1.35 million in Ethereum tokens stolen. The hack targeted a company called Taylor that raised Ethereum in a recent ICO in return for 10 million “TAY” tokens …
Two Canadian banks hacked in likely blackmail case
Two Canadian banks have been targeted by hackers, with financial information relating to about 90,000 customers stolen in what is likely an attempted case of blackmail. The first of the two banks and Canada’s fourth-largest lender, the Bank of Montreal, said in a …
Cryptocurrency press goes into meltdown over bitcoin trademark
A company in the U.K. has trademarked the term “bitcoin” and is attempting to enforce the trademark’s use, causing the cryptocurrency press to go into meltdown. But all is not as it seems. The drama began with an Etsy seller publishing a letter …
China-US trade relations thaw as Qualcomm’s NXP acquisition and ZTE dispute approach resolution
China is set to approve Qualcomm Technologies Inc.’s acquisition of NXP Semiconductors N.V. as the Trump administration is reported Sunday to have reached a deal over ZTE Corp. in an apparent thawing of trade relations between the world’s two largest economies. Qualcomm’s acquisition of …
Xenotime hacking group targeting industrial safety systems in the US
The same group behind the Triton malware attack that targeted critical industrial infrastructure in the Middle East last year is believed to be behind a new campaign targeting industrial control systems in the U.S. Dubbed “Xenotime” by security researchers at Dragos Inc., the …
Web 2.0 website discovery service StumbleUpon to close after 16 years
StumbleUpon, a website discovery service that at its peak had hundreds of millions of users, is closing after 16 years, one of the few remaining services from the Web 2.0 era. Founded in 2001, StumbleUpon was a discovery engine that recommended personalized web …
NTSB: Uber had disabled emergency braking system in fatal crash vehicle
A U.S. National Transport Safety Bureau investigation into a fatal accident involving an Uber Technologies Inc. in March has preliminarily confirmed that not only was Uber’s software to blame but the company had also disabled the emergency braking feature in the vehicle. …
Amazon Echo secretly records and sends private conversation without permission
Confirming privacy advocates’ worst nightmares, an Amazon Echo not only recorded a private conversation without permission but then sent it to a random contact on the device. The strange story of technology gone wild takes us to Portland, Oregon, where a woman named …
Fintech startup GreenSky to raise up to $901M in Thursday Nasdaq IPO
Financial technology firm GreenSky Inc. is the latest startup about to go public, with plans to offer an unusually high 34 million shares Thursday on the Nasdaq Global Markets Thursday at an expected price of $21 to $23 a share. Founded in …
Qualcomm doubles down on AI with new products and development deals
Qualcomm Inc. late Wednesday announced new products and tie-ups across the board as part of its ongoing push into artificial intelligence. The announcements followed reports Wednesday that the company may also be preparing to launch a new chip to support mixed-reality headsets. …