Duncan Riley
Latest from Duncan Riley
In a big drop in valuation, MongoDB prices IPO at $18-20 per share
New York City-based database company MongoDB Inc. is moving forward with its initial public offering, but the company set a price range that values it significantly below the level of its last venture capital round. According to its newly updated filing, MongoDB will go public with shares priced between $18 and $20 apiece, which Business Insider reported means ...
Nuco raises $22M for its Aion interoperable blockchain platform
Enterprise blockchain company Nuco Inc. has raised $22 million in an initial coin offering for its interoperable blockchain platform Aion. Described as a third-generation blockchain network, Aion is a multitier blockchain system designed to address unsolved questions of scalability, privacy and interoperability in blockchain networks. Put another way, it’s a blockchain to bridge other blockchains together, ...
Waymo launches a public education campaign to sell the benefits of self-driving cars
Waymo Inc. is fighting back against negative public sentiment about self-driving cars with a new “public education” campaign that is intended to sell the benefits. The company, formerly known as Google LLC’s self-driving car project, has teamed with Mothers Against Drunk Driving, the National Safety Council, the Foundation for Blind Children, the East Valley Partnership and ...
User data from hacks of Kickstarter and Bitly in 2014 is now available online
User data stolen from crowdfunding site Kickstarter and link shortening service Bitly Inc. has been indexed online three years after both sites were hacked. The new data, seemingly gathered from the dark web, a shady part of the internet accessible through special software, was indexed by data breach tracking site Have I Been Pwnd on Friday. ...
Australian police ran a child porn site for nearly a year to catch pedophiles
Raising new questions about how far law enforcement should go to catch criminals, police in Queensland, Australia, ran a child pornography site on the dark web for nearly a year as a “honey trap” to capture child pornographers and those who view the material. First exposed by a newspaper in Norway, then subsequently picked up ...
Alphabet and Tesla offer services for Puerto Rico hurricane recovery effort
Alphabet Inc. and Tesla Inc. are both planning to provide support services to assist the people of Puerto Rico in their recovery post-Hurricane Maria. Alphabet, the parent company of Google LLC, has received approval from the Federal Communications Commission to deploy a fleet of 30 Project Loon internet access balloons over both Puerto Rico and the ...
GAW Miners CEO Josh Garza fined $9.8M for role in scam bitcoin mining operation
In the final chapter of a long-running prosecution, Homero Joshua (Josh) Garza, the chief executive officer of fraudulent bitcoin mining operation GAW Miners, has been fined $9.18 million plus prejudgment interest of $742,774 for his role in the scam. The judgment, handed down by a federal judge in Connecticut on Tuesday, came as a result of the ...
Smart home devices aren’t child’s play: Mattel cancels Aristotle baby monitor
Toy maker Mattel Inc. has canceled plans to release Aristotle, an all-in-one voice-controlled smart baby monitor come smart home hub, thanks to privacy concerns. The device, first previewed in January, included a camera and hub that in addition to being a baby monitor also offered a voice-activated smart assistant powered by Microsoft Corp.’s Cortana artificial intelligence assistant software. ...
Apple issues update to patch password vulnerabilities in High Sierra operating software
Apple Inc. has issued a security update for macOS High Sierra that patches a severe vulnerability identified in September that allows unsigned apps to capture plain-text passwords from the Mac keychain. The High Sierra 10.13 Supplemental Update actually fixes two security issues, the previously discovered security issue in the Mac keychain as well as a newly identified vulnerability ...
Russian hackers alleged to have stolen NSA data via Kaspersky antivirus software
Hackers acting on behalf of the Russian government are alleged to have stolen sensitive data, including exploits, from a contractor working for the National Security Agency, according to a report published Thursday. The Wall Street Journal claimed that the hack took place in 2015 but was not discovered until spring in the following year and involved ...









