Duncan Riley
Latest from Duncan Riley
The son of a Russian lawmaker who was convicted in August on 38 counts related to his hacking of point-of-sale computers to steal and sell credit card numbers on the darknet has received a record sentence for his crimes. Thirty-two-year-old Roman Valerevich …
Stealth AI chip maker founded by ex-Google engineers raises $10.3M
A stealth startup founded by a number of Google Inc. veterans who may be working on next-generation artificial intelligence-based computer chips has raised $10.3 million in venture capital funding, according to one report. CNBC stumbled across the funding round for the company …
Smart payments card startup Plastc files for bankruptcy having blown $9M from crowdsourcing campaign
Despite raising $9 million in a crowdfunding campaign, smart payments card startup Plastc Inc. has filed for bankruptcy after not managing to deliver even one card. The company, founded in 2013, was attempting to build the Plastc Card, a credit card-shaped smart …
Machine learning data management startup SafeGraph raises $16M
San Francisco-based machine learning data management startup SafeGraph Inc. has raised a $16 million funding round led by IDG Ventures USA that included more than 100 high-profile individual investors. Among the investors in the unusual Series A round are Peter Thiel, Adam D’Angelo, …
Banking problems prompt Chinese bitcoin exchange OKCoin to suspend wire transfers
Leading Chinese bitcoin exchange OKCoin has suspended incoming U.S. dollar wire transfers, sending a shudder through the cryptocurrency community days after Hong Kong-based bitcoin exchange Bitfinex (BTXNA Inc.) suspended all wire transfers. In an email to customers, the exchange said the move to …
Bose headphones are spying on users, lawsuit alleges
A lawsuit filed against American high-end electronics maker Bose Corp. alleges that the company is spying on its users via an app that tracks the music, podcasts and other audio they listen to. According to the filing lodged in the U.S. District …
Report: Google is allegedly building an ad blocker for Chrome
In a surprising turn of events, Google Inc. is said to be developing an ad blocker for its highly popular Chrome web browser, at least according to one report Wednesday. The Wall Street Journal, quoting people familiar with the company’s plans, claims …
Israeli cloud security startup Dome9 raises $16.5M from SoftBank and others
Israeli cloud security startup Dome9 Security Inc. has raised $16.5 million in a Series C funding round led by SoftBank Corp. along with a number of existing investors. Under the deal, SoftBank will become the leading distributor of Dome9’s Arc cloud infrastructure …
Hacking group OurMine claims responsibility for mass YouTube hack
OurMine, the hacking group behind the hacks of Facebook Inc. founder and Chief Executive Mark Zuckerberg, Google Inc. CEO Sundar Pichai and others, has claimed responsibility for a mass hack of YouTube that it claims is the largest in the site’s history. The hack, launched on Good …
Microsoft acquires company run by former Word and Excel head Charles Simonyi
Microsoft Corp. on Tuesday acquired productivity software firm Intentional Software Inc., a Bellevue, Washington-based company founded by Charles Simonyi, a former Microsoft employee who oversaw the development of both Word and Excel before leaving the company. Founded in 2002, Intentional Software builds upon the …