Duncan Riley
Latest from Duncan Riley
Bitfinex and Blade Payments deal delivers Bitcoin debit card with no exchange requirement
Bitcoin exchange Bitfinex (iFinex, Inc.) has announced a new partnership with Blade Payments (Blade Data Ltd.) to provide real-time debit cards to Bitfinex customers. The cards will support payments through Bitcoin by allowing the use of the card without preloading a fiat currency and can be used at any time in what the company describes ...
Time acquires xoJane.com & xoVain.com from Say Media for an undisclosed price
Time, Inc. has continued its buying spree of online media properties with the acquisition of sites xoJane.com and xoVain.com from Say Media, Inc. According to The Wall Street Journal, terms of the acquisition were not disclosed. xoJane.com was launched in 2011 by Sassy and Jane magazine founding editor Jane Pratt as a site where “women go ...
15-year-old script kiddie arrested in TalkTalk hacking investigation
An unnamed 15-year-old boy has been arrested in relation to the massive hack and subsequent data breach of United Kingdom telco TalkTalk Telecom Group PLC. The boy, a resident of County Antrim, Northern Ireland was arrested on suspicion of breaching the Computer Misuse Act, a U.K. law that covers unauthorized access to computer material, unauthorized ...
Facebook copies Google Now with new mobile notifications tab
Facebook, Inc. has announced a major upgrade to the notifications tab in its mobile app that will see the feature become more than simply one that informs users when others have liked or commented on posts. The new notifications tab combines the existing update data provided in the old tab with what Facebook describes as ...
UK telco TalkTalk hacked, hackers demand Bitcoin ransom but user data is already out there
British communications company TalkTalk Telecom Group PLC has experienced a serious data breach with the alleged hackers behind the hack demanding a ransom in Bitcoin. The breaches (there were remarkably three over 8 months) were first disclosed Friday and are believed to involve data for some 4 million customers, including credit card and bank account ...
These morons just blew $35m on an app with 15m installs because they never had a business model
A somewhat common concept that has gripped the tech startup scene in recent years is the idea that you build a startup without any clear idea how you’re going to make money from it, then presuming you’re not acquired in the meantime you eventually work out how to monetize it after you’ve built up the ...
VR games startup Playful Corp raises $25m Series B
Virtual reality (VR) game startup Playful Corp. has raised $25 million Series B in a round from a number of undisclosed investors. Founded in 2012 by Words with Friends co-creator Paul Bettner, Playful has as its primary aim to develop games for the Facebook, Inc. owned Oculus Rift. The company has a long (as much ...
Big win for Bitcoin as EU Court of Justice rules transactions can’t be charged VAT
In a big win for the Bitcoin and cryptocurrency sector, Europe’s highest court has ruled that the likes of Bitcoin should be exempt from value-added tax (VAT) and treated like any other currency The European Union’s Court of Justice ruled on a case that considered whether purchasing Bitcoin is similar to purchasing a service that ...
Report: augmented reality startup Magic Leap close to raising $1b on a $4.5b valuation
Google, Inc. backed augmented reality startup Magic Leap, Inc. is set to raise a new round, at least according to one report Thursday. According to an exclusive from the South Florida Business Journal the company is set to raise $1 billion Series C on a $4.5 billion valuation, more than double the valuation of its ...