Duncan Riley
Latest from Duncan Riley
North Korea latest act of maleficence doesn’t involve nuclear weapons but something still deeply concerning to the cyrptocurrency community: bitcoin hacking. The rogue state is alleged by South Korea to have been intentionally targeting bitcoin exchanges, albeit rather poorly, like its missile technology. …
This Chinese startup you’ve never heard of is raising $3B on a $28B valuation
Chinese e-commerce company Meituan Dianping, which no one in the West likely has ever heard of, is close to finalizing a $3 billion venture capital fundraising on a $28 billion valuation, making it the fifth largest tech startup in the world. Previous investor Tencent …
Lyft signs deal with Ford in race to put self-driving cars on US roads
Lyft Inc. has signed a partnership agreement with the Ford Motor Co. that will see the two companies working together to deliver self-driving vehicles to American roads by 2021. The deal, announced late Tuesday, will involve employees from both companies working together to develop …
800 pages: Journalist discovers Tinder records staggering amounts of personal information
Anyone who uses a service online knows that the company behind it gathers personal information. Just how much information some companies store has now been exposed by a European journalist who requested data from Tinder and received a staggering 800 pages in …
Nearly 1,000 websites found running cryptomining code that hijacks computers
The number of websites injecting visitors’ computers with JavaScript code that is used to mine for cryptocurrency is rapidly growing, according to new research detecting nearly 1,000 sites now partaking in the practice. Security firm RiskIQ Inc. today said it made the discovery, finding …
Vacuum cleaner maker Dyson to take on Tesla with its own electric car
Upscale vacuum cleaner maker Dyson Ltd. wants to take the good fight to Tesla Inc., announcing that it plans to build an electric car that will go on sale in 2020. Company founder James Dyson revealed the plans in an email to …
Workplace by Facebook lands Walmart as its largest enterprise user
Social networking giant Facebook Inc. has landed a huge client for its Workplace by Facebook enterprise collaboration platform in the form of Wal-Mart Stores Inc., the largest private employer in the United States. Under the deal, Workplace will be rolled out to Wal-Mart’s 2.2 …
SEC launches new unit dedicated to fighting financial cybercrime
The U.S. Securities and Exchange Commission is getting serious on cybercrime with a dedicated unit that will focus on targeting “cyber-related misconduct” when it comes to finance laws. Operating as a division of the SEC’s Enforcement Division, the “Cyber Unit” is tasked with …
Showtime websites caught hijacking computing power for cryptocurrency mining
The Pirate Bay made headlines earlier this month for hijacking the computing power of visitors to mine for cryptocurrency, but the trend may be spreading. Reports Monday indicate that websites run by Showtime, the CBS Corp.-owned premium cable network, are doing the …
Tech firms back Trump administration STEM and computer science program
Tech companies are supporting a new Trump administration initiative to encourage disadvantaged and minority groups to study STEM — science, technology, engineering and mathematics — along with computer science. Run by the U.S. Department of Education, the new program aims to “better …