Duncan Riley
Latest from Duncan Riley
Pittsburgh joins the list of people and places that don’t like Uber
Pittsburgh can now be added to the list of people and places that don’t like ride-hailing giant Uber Technologies Inc. as multiple reports Monday claimed the city and the people who reside there are not very happy with the company’s local presence. According to the story, first written up by The New York Times but since ...
Qualcomm steps into the footwear market with Internet of Shoes patent
In a surprising step, as it were, wireless and semiconductor maker Qualcomm Technologies Inc. has filed for a patent with the U.S. Patent and Trademark Office for what it describes as the “Internet of Shoes.” The patent describes a “connected shoe apparatus, comprising: a processor; a memory coupled to the processor; a radio; an antenna; and a ...
Bitcoin heads to the moon as price surges past $2,000 for the first time
Bitcoin traders where screaming, “To the moon!” over the weekend as the price of the popular cryptocurrency surged through $2,000 for the first time, up nearly 50 percent from its price of $1,400 reached only three weeks ago. The price rise was once again driven by increased demand from the Far East, with bitcoin exchanges ...
Free to fly: Court strikes down FAA rules for noncommercial drone registration
Noncommercial drone operators will no longer have to register with the Federal Aviation Administration after a court ruled on Friday that its imposition of registration in December 2015 was in breach of existing laws. The case, brought by model aircraft enthusiast John Taylor in January 2016, argued that the FAA’s introduction of drone registration for ...
Indian digital payments startup Paytm raises a massive $1.4B from Softbank
Indian digital payments startup Paytm has raised a massive $1.4 billion round funded exclusively by Japanese giant Softbank Group Corp. The deal includes Softbank purchasing $400 million in shares from SAIF Partners, an early investor in the company, along with shares from company founder Vijay Shekhar Sharma. According to reports, the round was raised at a valuation of ...
17 million emails and passwords stolen from food delivery service Zomato
Food delivery and restaurant booking service Zomato Media Pvt Ltd. is the latest company to be hacked as the company disclosed early Thursday that the details of 17 million users worldwide have been compromised. The company said in a blog post that hackers had obtained information such as user email addresses and passwords. It added that the passwords ...
Uber wants a slice of the trucking market with new freight shipping service
Uber Technologies Inc. has expanded its business with the launch Thursday of a new service that really is “Uber for Trucks,” unlike a couple of others that claimed the nickname. Called Uber Freight, the new service connects those wishing to have something shipped with a truck driver or trucking company able to make the delivery. Like Uber’s ride-hailing service, ...
It’s time for Daydream believing as Google announces new standalone VR headsets
Google Inc. wants a bigger slice of the burgeoning virtual reality market. To that end, the search giant announced at its I/O Conference Wednesday that it is working on standalone VR headsets with HTC Corp. and Lenovo Group Ltd. The headsets, to be based on Google’s Daydream VR platform announced a year ago, features a new tracking technology called ...
Improbable signs deal with RuneScape maker Jagex for SpatialOS deployment
Simulated worlds startup Improbable Ltd., most recently in the news after it raised a round of $502 million, has signed a deal with Jagex Ltd., the gaming studio behind the popular “RuneScape” online multiplayer game, which will use Improbable’s SpatialOS technology in future game production. Improbable’s SpatialOS is an operating system that facilitates large-scale simulations in ...
Santiago Exchange and IBM to develop a blockchain-based trading platform
IBM Corp. has signed a deal with Chile’s Santiago Exchange to introduce blockchain technology for managing trading on South America’s third-largest stock exchange. The rollout, which will use IBM’s Hyperledger blockchain platform, aims to implement a modern trading platform that is designed to help reduce errors, possible fraud and processing time for each transaction, while also ...









