Duncan Riley
Latest from Duncan Riley
Security researchers have discovered a new form of rogue Chrome and Firefox browser extensions that not only hijack pageviews but also go the extra mile to keep themselves hidden from users. Security firm Malwarebytes Inc. said today that the new extensions hijack …
Chinese electric vehicle ride-hailing service Caocao Zhuanche raises $156M
Chinese ride-hailing startup Caocao Zhuanche has become the Middle Kingdom’s latest unicorn, raising $156 million in a Series A round on a valuation of $1.6 billion. Virtually unknown outside of China, Caocao Zhuanche was founded in 2015 and operates a ride-hailing service with a …
World Economic Forum says cyberattacks present a huge risk to the world economy
Anyone in information technology knows that cyberattacks represent a massive risk for enterprises. But how big? According to a new report, cyberattacks are the third-highest risk to the world economy behind extreme weather conditions and natural disasters. The claim comes from the World Economic Forum’s Global …
Report: SurveyMonkey in talks for an initial public offering
This year is shaping up to be a big one for initial public offerings, and one of the first of 2018 could be cloud questionnaire and survey company SurveyMonkey Inc. Recode, quoting people familiar with the company’s plans, claimed that SurveyMonkey has not …
Cryptocurrencies recover as buyers flood market looking for bargains
In what could be described as an epic rollercoaster ride for investors, cryptocurrency prices bottomed out in trading Wednesday and started to recover, led by a solid increase in bitcoin as buyers flooded the market looking for bargains. After hitting a low of …
Billionaire Thomas Siebel’s startup C3 IoT raises $100M in new funding
Artificial intelligence and “internet of things” software platform provider C3 IoT Inc. today said it has raised $100 million in new funding. The late-stage round was led by TPG Growth and included Rise Fund, Breyer Capital, Sutter Hill, Pat House and C3 IoT …
BitConnect closes investment and exchange service following cease-and-desist notices
Bitcoin investing service BitConnect Ltd. is exiting its investment and exchange business following negative publicity and a number of cease-and-desist notices from U.S. states. The company, established in 2016, originally launched as a platform that allowed bitcoin holders to lend bitcoin to …
IBM and Maersk team up to offer blockchain-based global shipping platform
IBM Corp. and A.P. Moller-Maersk Group are establishing a new jointly owned company to promote and sell a blockchain-based system for managing global shipping. The yet unnamed company will use a platform developed by the two companies as part of trial announced in …
Crypto wipeout: Major cryptocurrencies plummet over China, South Korea ban fears
The price of cryptocurrencies continued to plunge Tuesday as ongoing fears of a ban in South Korea along with a new crackdown on trading in China drove a nearly unprecedented bear market. At the top of the list, bitcoin saw a large …
To take on the giants, self-driving car technology startup Pony.ai raises $112M
Self-driving car technology startup Pony.ai said today it has raised an unusually large early-stage funding round of $112 million in an effort to pull out in front of many well-funded rivals. The Series A round was jointly led by Morningside Ventures and …