Duncan Riley
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Zomato hacked by white hat, who was nice enough to let them know
Online restaurant review site Zomato Media Ptv Ltd, the owners of the service previously known as Urbanspoon, have been hacked by a white hat who thankfully for Zomato contacted them with details of the vulnerability. Along with private user details of Zomato users, the exposed data also included Instagram access tokens, which would give access ...
Symbiont raises $1.25m seed round for Bitcoin inspired Blockchain securities management
Blockchain securities management startup Symbiont has raised a $1.25 million seed round that included a number of high-profile individual investors. The list includes Duncan Niederauer, former CEO of the NYSE Euronext; Matt Andresen, founder of the Island ECN and trading head at Citadel; Getco, LLC founders Dan Tierney and Stephen Schuler through Wicklow Capital; Scott ...
Apple under investigation for pressuring music industry to can Spotify free tier
A day after Apple, Inc. revealed its music streaming service Apple Music, it has been revealed that the tech giant is under investigation for anti-trust violations that may specifically target Spotify AG. The attorneys general of New York and Connecticut are said to be investigating specifically whether Apple pressured the music industry to have the ...
Shapeshift brings Bitcoin/ Altcoin trading to the iPhone with new app
Cryptocurrency exchange service ShapeShift AG has today launched an iPhone app which allows users to trade virtual currency via their phones. Claimed to be the first app of its kind on iOS, the ShapeShift app allows users to exchange Bitcoin for other cryptocurrencies, including DogeCoin, Litecoin, Namecoin and others, vice versa, or even between obscure ...
Westpac, ANZ trial Ripple’s Blockchain ledger system, but say no to Bitcoin, for now
Two of Australia’s top 4 banks, The Australia and New Zealand Banking Group Ltd. (ANZ,) and Westpac Banking Corp., have joined the Commonwealth Bank of Australia Ltd. in trialling Ripple Labs, Inc.’s Bitcoin inspired Blockchain ledger system for payment tracking. Westpac is reported to be further along with its trial, with the bank telling The ...
Apple to release an app to assist Android users switch to iOS devices
Apple has hatched a cunning plan to get Android users to switch to iOS with a new Android app that can assist with the process. The app, unexcitingly called “Move” allows people switching to iOS devices to wirelessly switch from their Android device. The app, according to a blurb on the iOS9 preview page, allows ...
Streaming wars: Spotify may match Apple Music’s family plan price
Streaming music service Spotify AG has responded to the launch of Apple’s new and very uninspiringly named Apple Music service by suggesting it may match prices on family plans. Apple Music was revealed at Apple’s World Wide Developers Conference Monday, and while the spiritual successor to Beats Music, the streaming service it acquired along with ...
Delivery Hero raises new round of $110m on a $3.1b valuation
Online food ordering site Delivery Hero Holding GmbH has raised $110 million in new funding based on a $3.1 billion valuation. It’s not clear from reports whether this was a new round, or an extension of its previous Series H round of $568 million in February, or its subsequent venture funding of €52 million ($57.7 ...
Overstock to issue $25m bond offering that utilizes the Bitcoin Blockchain
Overstock.com, Inc. is treading into new territory with the e-commerce giant announcing it will issue a $25 million bond offering that utilizes the Bitcoin Blockchain. “The cryptorevolution has arrived on Wall Street,” Overstock Chief Executive Officer Patrick M. Byrne said in a statement. “We’re making it official by offering the world’s first cryptosecurity.” The issuance ...
Cloud SaaS firm SunGard files for $100m IPO, may yet be acquired before it gets there
Cloud Software as a Service (SaaS) firm SunGard Data Systems, Inc. has filed for an initial public offering and is looking to raise $100 million, although the possibility of it being acquired before going public is still present. According to The Wall Street Journal, the $100 million figure is likely a placeholder number, and the ...