Duncan Riley
Latest from Duncan Riley
Intimate, an Australian startup looking to create a cryptocurrency for the adult industry, today announced a $1.1 million investment from digital currency fund Alphabit on top of its previously announced $4.5 million initial coin offering presale. The ITM token was designed to be an open, distributed …
Bill Gates claims bitcoin kills in bizarre Reddit ‘Ask Me Anything’ session
Bill Gates, Microsoft Corp.’s founder and one of the world’s richest men, apparently isn’t fond of bitcoin, claiming in a somewhat bizarre Ask Me Anything session on Reddit Tuesday that cryptocurrencies kill people. Gates was on record in 2014 as saying that bitcoin is “better …
IBM Watson is heading to space in an 11-pound smiling orb called CIMON
IBM Corp.’s Watson is heading to space, specifically the International Space Station, in the form of an 11-pound, artificially intelligent smiling orb. The orb, dubbed CIMON, short for Crew Interactive Mobile Companion, will be taken to the ISS in June by German astronaut and …
Hackers exploiting memory cache for massive denial-of-service attacks
Multiple security companies are reporting on a new type of distributed denial-of-service attack that exploits unprotected servers to launch massive attacks against organizations. The servers use Memcached, a popular open source distributed memory caching system. It’s used in turn to speed up dynamic database-driven …
Amazon acquires smart doorbell maker Ring for $1B+
Amazon.com Inc. has acquired smart doorbell maker Ring Inc. for a figure believed to be over $1 billion, making it the e-commerce giant’s second-largest acquisition to date after Whole Foods Market Inc. Founded in 2012, Ring aims to “reduce crime in communities …
Self-driving car startup Pony.ai takes to the streets with new test program and partnership
Self-driving car technology startup Pony.ai is taking to the streets as the company officially launches its first public road tests of autonomous vehicles using its technology. Pony.ai, little-known in the west but founded by former engineers from both Google X (now Waymo) and Baidu …
Fintech blockchain fundraising platform BnkToTheFuture raises $33M in ICO
Fintech and blockchain fundraising platform BnkToTheFuture has raised some money for itself, netting $33 million via an initial coin offering. Founded back in 2010, the Hong Kong-based company, formally known as Keystone Capital Corp., offers an equity crowdfunding platform. It allows users to …
Israeli security firm Cellebrite claims to be able to hack iOS 11
Israeli security company Cellebrite, a major U.S. government contractor perhaps best known as the company that assisted authorities to crack the iPhone used by the San Bernardino massacre shooter, is now claiming to have found a way to unlock nearly every iPhone on the market. …
Circle snaps up cryptocurrency exchange Poloniex in $400M deal
In a sign that the cryptocurrency market is starting to consolidate, bitcoin and blockchain startup Circle Internet Financial Ltd. has acquired cryptocurrency exchange Poloniex Inc. The price of the acquisition wasn’t disclosed, but Forbes claimed that the number was $400 million, making it one of the …
Report: Apple to release three new iPhones this year, including a giant 6.5″ model
Apple Inc. is set to release three new iPhone models this year, including the largest one ever, according to a report published Monday. Bloomberg reported that “Apple wants to appeal to the growing number of consumers who crave the multitasking attributes of … …