Duncan Riley
Latest from Duncan Riley
Microsoft launches programming language for still-nonexistent quantum computers
Computer scientists at Microsoft Corp. have designed a computing language for quantum computers, despite the fact that quantum computers don’t actually exist yet. Microsoft describes the language as assisting it on its “path to building the first topological qubit, a robust type of quantum bit that … will serve as the basis for a scalable, general ...
Massive security vulnerability detected in new Mac operating system
Apple Inc. launched a new version of its macOS operating system Monday but in an interesting twist it has been revealed to have massive, gaping security hole. The epic fail was identified by Patrick Wardle, a former National Security Agency analyst and now head of research at security firm Synack Inc., who warned on Twitter ...
Bitcoin gains as Malaysia may legalize it and Amazon might offer it as a payment option
Malaysia may be the next country to legalize bitcoin and Amazon.com Inc. may be considering accepting bitcoin as a payment option, bringing positive news to a market still reeling from the decision by the Chinese central bank to ban all trading in the cryptocurrency Sept. 11. Tan Sri Muhammad, the governor of Malaysia’s central bank, known locally as ...
Food delivery a bright spot among Uber’s ongoing problems
Amid the seemingly never-ending stream of bad news from ride-hailing giant Uber Technologies Inc., there’s actually some good news for a change. A new report claims that UberEats, the companies food delivery service, is not only doing well but is actually producing noticeable profits. The numbers come via a report from The New York Times, ...
Singapore gaming and e-commerce startup Sea files for $1B initial public offering
Singapore-based gaming and e-commerce startup Sea Ltd., formerly known as Garena, Friday filed for an initial public offering of shares on the New York Stock Exchange. Goldman Sachs (Asia) L.L.C., Morgan Stanley & Co. International plc and Credit Suisse Securities (USA) L.L.C. are acting as joint book runners for the IPO. Although the number of shares ...
SAP snaps up Israeli customer identity startup Gigya for $350M
SAP SE announced plans Sunday to acquire Gigya Inc., an Israeli startup that offers a customer identity and access management platform. The price of the acquisition was not formally disclosed, but it’s not small: Reuters reported Israeli media as saying that deal was done for about $350 million. Founded in 2006, Gigya offers its platform on ...
The rise of ransomware as a service fuels hackers looking for a quick buck
The rise of ransomware as a service is fueling attacks worldwide by hackers looking to make a quick buck, according to a new research report. The research, undertaken by the Carbon Black Inc. Threat Analysis Unit analyzed more than 1,000 ransomware samples and found that attackers are looking to make quick, easy money by using unsophisticated malware ...
Renewable electricity startup Grid+ raises $40M in initial coin offering presale
Grid+, a project from Consensus Systems Inc. that’s looking to build an Ethereum blockchain-based peer-to-peer trading platform for renewable energy, has raised $40 million in a presale for its forthcoming initial coin offering. The concept involves bringing together two different parts of power generation into the one tradable platform, both existing corporate renewable electricity generators ...
Hacked CCleaner software targeted tech companies in possible state-sponsored attack
The compromise of popular free security tool CCleaner disclosed earlier this week has taken an interesting twist as security researchers have discovered that the attack targeted major tech companies and may have even been state-sponsored. The specific attack, triggered as a second-stage loader that is activated after the initial infection, targeted 20 tech firms, including ...
Hackers use stolen data from SEC for insider trading: Here’s what it means
The U.S. Securities and Exchange Commission disclosed Wednesday that its internal systems had been compromised, with hackers using the stolen data to partake in insider trading. The hack, which took place in 2016 but was only detected in August, involved the EDGAR SEC corporate reporting network that contained information ranging from statements on mergers and acquisitions, ...









