Duncan Riley
Latest from Duncan Riley
Those who have booked travel over the forthcoming holiday period with American Airlines Inc. may not make it to their destination. It was disclosed today that the airline suffered a “system scheduling error” that has left thousands of scheduled flights without pilots …
Bitcoin price plunges as multiple exchanges suffer downtime
Sir Isaac Newton was the first to coin the phrase “what goes up must come down” in relation to gravity, but now it seems bitcoin is subject to that law as well. Today the cryptocurrency dropped in value by more than $1,000 …
Nokia denies report it’s in talks to acquire Juniper Networks
Nokia Oyj has denied a report that it is in talks to acquire Juniper Networks Inc. in a purchase that would see the Finnish giant diversify its networking business. CNBC, quoting sources, claimed that Nokia is prepared to offer $16 billion for Juniper, roughly …
Canadian man involved in Yahoo hack pleads guilty
A Canadian man has pleaded guilty to hacking charges over his involvement in hacking Yahoo Inc. in 2014. Twenty-two-year-old Kazakhstan-born Karim Baratov was indicted by the Department of Justice in February on claims that he was hired by alleged Russian intelligence agents Igor Suschin and …
Japan’s largest bitcoin exchange opens for business in the US
In a challenge to the venture capital-backed bitcoin exchange Coinbase Inc., Japan’s largest bitcoin exchange, bitFlyer Inc., has opened its doors in the United States after obtaining approval to operate in a majority of states. The company, founded in 2014, said in …
Top-secret spy data exposed on misconfigured Amazon cloud instance
Top-secret data belonging to the United States Army Intelligence and Security Command, a joint U.S. Army and National Security Agency Defense Department command that gathers intelligence data, has been found exposed and open to the public. It was yet another case of …
Bitcoin teases $10,000 as one hedge fund manager says price could hit $40,000 next year
The price of bitcoin teased the $10,000 mark in trading Monday, actually passing it on some Asian exchanges, as continued good news surrounding the cryptocurrency led one hedge fund manager to predict that the price could hit $40,000 by the end of 2018. Bitcoin first …
SoftBank offers to buy Uber shares at a 30% discount to previous valuation
SoftBank Group Corp. is offering to buy Uber Technologies Inc. shares from existing investors at a 30 percent discount on the price at which the ride-hailing company was last valued, according to reports published Monday. CNBC, quoting a person familiar with the …
Facebook patches vulnerability that allowed any picture to be deleted
Facebook Inc. has patched a security vulnerability that allowed any user to access and then delete any photo uploaded by another user. The vulnerability, discovered by security researcher Pouya Darabi, involves a coding issue in a recently release polling feature launched by the social network. …
Trend Micro acquires Immunio to boost its software development security offering
Security firm Trend Micro Inc. has acquired Montréal, Canada-based Immunio Inc., a startup specializing in web application security, for an undisclosed price. Founded in 2013, Immunio sells a platform that offers runtime self-protection technology, which protects web apps against application-layer attacks. The platform …