Duncan Riley
Latest from Duncan Riley
The price of bitcoin surged Tuesday after presentations by U.S. regulators at a Senate hearing on cryptocurrencies delivered no surprises. Christopher Giancarlo, chairman of the Commodity Futures Trading Commission, and Jay Clayton, chairman of the Securities and Exchange Commission, told the Senate banking committee that …
Netgear to spin off its internet-connected camera business Arlo in IPO
Networking company Netgear Inc., best known for its consumer routers, is spinning off its internet-connected camera business and taking it public, adding to a growing list of initial public offerings slated for the year ahead. The business, called Arlo Technologies Inc., offers …
Snap shares rocket nearly 50% on strong user and revenue growth
Snap Inc. surprised the market with its fourth-quarter results Tuesday as the Snapchat app maker reported renewed growth in user numbers and revenue. Revenue for the quarter ended Dec. 31 jumped 72 percent, to $285.7 million, from a year earlier, roughly $30 million above …
Social media star data exposed in new season of ‘Let’s Misconfigure Our AWS Storage’
After a quiet winter, a new season of misconfigured Amazon Web Services Inc. storage buckets takes us across the Atlantic to the bright lights of Paris with a company catering to social media stars exposing their details online. Discovered once again by security researcher …
Rapidly spreading cryptomining botnet targets Android phones and smart TVs
A new botnet that targets Android devices to mine for cryptocurrency is spreading rapidly in the wild, just days after more than a half-million Windows personal computers were reported hijacked by the Smominru botnet for similar purposes. The new botnet, dubbed ADB.Miner by security researchers at Qihoo 360 …
Bitcoin’s bear run continues as US regulators prep more oversight
Bitcoin continued its bear run in Monday trading as U.S. regulators prepared to call on Congress for more oversight and new regulations on cryptocurrency markets. The regulation call is set to come from Christopher Giancarlo, chairman of the Commodity Futures Trading Commission, and …
Grammarly patches browser extensions that exposed private user data
Popular grammar-checking startup Grammarly Inc. has been forced to issue an urgent update to its browser extensions after they were discovered to be exposing user data to malicious websites. The security bug, discovered by security researcher Tavis Ormandy, affected both the Chrome and Firefox Grammarly …
Latest iPhone X bug makes it difficult to answer calls
Apple Inc.’s troubled iPhone X smartphone is facing more issues amid reports of complaints that they have problems answering phone calls. The problem, which first emerged on Apple’s support pages, involves a delay between an incoming call and the display on the iPhone …
Bitcoin price drops as major banks ban cryptocurrency credit card purchases
The price of bitcoin dropped again in trading over the weekend as banks in both the United States and the United Kingdom imposed bans on customers using their credit cards to purchase cryptocurrencies. The bans started Friday, with JP Morgan Chase Co., Bank of …
New Adobe Flash critical vulnerability is being exploited in the wild
A newly discovered critical vulnerability in Adobe Systems Inc.’s Flash player is being actively exploited, possibly by North Korean hackers. The newly uncovered vulnerability (CVE-2018-4878) exists in recent versions of Flash up to 28.0.0.137 and gives an attacker Remote Code Execution access, which allows …