Duncan Riley
Latest from Duncan Riley
No one may want to buy Twitter, but it might not want to sell either
The chances of Twitter Inc. being acquired are quickly fading, with multiple reports Wednesday suggesting that all previously mentioned suitors may no longer be interested in placing a bid for the troubled company. According to sources quoted by Recode, Google Inc. does not currently plan to make a bid for Twitter with the company “not ...
Samsung acquires Viv Labs, the AI startup from Siri’s creators
Samsung Electronics Co. Ltd. has acquired Viv Labs Inc., the high-profile makers of an artificially intelligent virtual assistant that was founded by the creators of Apple Inc.’s Siri. The price of the acquisition was not disclosed. Founded in 2012, Viv offers an open artificial intelligence platform that gives developers the power to use and build conversational ...
Bill Gross: Bitcoin may be a better investment than shares
Billionaire bond manager Bill Gross has claimed that people may be better off investing in bitcoin and gold rather than shares, due to the current low interest rate policies of global banks. Gross, who manages the $1.5 billion Janus Global Unconstrained Bond Fund, made the claim in an October investment outlook released to investors of ...
Criteo acquires performance marketing exchange firm HookLogic for $250M
Marketing technology firm Criteo Inc. has acquired performance marketing exchange firm HookLogic Inc. for $250 million. Founded in 2004, HookLogic provides closed-loop marketing for brand advertisers through partnerships with leading retailers and travel companies, with their platform connecting large retail e-commerce sites with consumer brand manufacturers who then compete for online shelf-space via sponsored product ...
VM startup Paperspace raises $4 million to take on VMware, Citrix
Virtual desktop startup Paperspace Inc. has raised a $4 million seed round from Ludlow Ventures, Data Collective, Initialized Capital and a number of individual investors. Founded in 2014, Paperspace is aiming to disrupt the virtual desktop market currently dominated by VMware, Citrix and Amazon with what they describe as a powerful cloud-based computer a user ...
DressCode Trojan malware discovered in over 400 Google Play Android apps
New research has discovered more than 400 apps available on the Google Play Android app store that are infected with a DressCode Trojan malware. Trend Micro Inc. said the malware, also detected as ANDROIDOS_SOCKSBOT.A, was found in over 3,000 Android apps outside of Google Play as well. The malware disguises itself as a legitimate application ...
J.P. Morgan building transactions platform based on Ethereum blockchain code
J.P. Morgan Chase & Co. is building its own private blockchain-based transactions platform using the code behind the Ethereum network. Called Quorum, the platform would allow the bank to use a publicly available system for confidential transactions, including the ability to limit access to transactions across a network to only those people who need to ...
Report: Yahoo hack may have compromised up to 3B accounts
Yahoo Inc. may have under-reported the number of users hacked in its now infamous 2014 data breach, according to a report Monday. Business Insider quotes “a former Yahoo executive familiar with its security practices” as saying that, given the way Yahoo’s data is organized, it’s more likely that the number of accounts stolen could be anywhere ...
California passes law to allow operator free self-driving vehicles on public roads
California has become the first state to allow self-driving vehicles to operate on public roads without having an operator inside. The new law, approved by California Governor Jerry Brown, was created to allow a project at the Bishop Ranch office park in the city of San Ramon to deploy driverless shuttles. While primarily operating on ...
Velocity debuts demo of blockchain smart contracts platform
Distributed derivatives startup Velocity has debuted a demo of their new blockchain smart contract on price feeds platform. Built using blockchain technology and Ethereum smart contracts, the platform aims to make derivatives trading more transparent, accessible and secure. The decentralized options platform provides support for users to enter into a collar option using a smart contract ...









