Duncan Riley
Latest from Duncan Riley
Bitcoin alt Trest takes off in Cameroon of all places after a successful pilot program
Indian cryptocurrency startup Trestor has completed a successful trial of its digital currency Trest in the African nation of Cameroon, demonstrating how altcoin can play a role within the third world. The pilot program included the Cameroon government and Socapssi, an organization created in Cameroon to bridge the gap between the informal and national insurance ...
Google accused of spying on users with audio listener bundled with Chromium
Is Google spying on what you are saying via your computer’s microphone? They well could be if you use Chromium, and that’s the crux a new accusation from Rick Falkvinge, the founder of the Pirate Party. Falkvinge claims in a blog post that Google has been stealth-downloading audio listeners onto every computer that runs Chromium, ...
Taylor Swift takes on Apple Music and wins, but shows herself up as a hypocrite in the process
Haters gonna hate, hate, hate, hate, hate. Shakespeare, it isn’t, but whether you’re a fan of the music of Taylor Swift or not, no one can argue with the fact that she has become highly successful. With that success has come power, but how power is wielded depends on the person wielding it, and in Ms. Swift’s ...
Moderated insanity: Fitbit shares close up 48% on their first day of trading
Fitness tracking maker Fitbit, Inc. went public Thursday to a positive response from Wall Street, closing its first day of trading up 48.4 percent at $29.68 from its original initial public offering price of $20 per share. According to reports, shares peaked early for Fitbit up 52 percent at $30.40 before settling down at the ...
Twitter preparing its own curated news service under the running name of “Project Lightning”
A general meme around Twitter, Inc.’s microblogging come messaging service is that it’s difficult to discover or follow events of note; of course if you’re a regular Twitter user it’s not even remotely hard, but it’s apparently a big enough problem that Twitter is doing something about it, and that something is currently dubbed “Project ...
Peak unicorn: Airbnb trying to raise $1b Series E on a $24b valuation
Airbnb, Inc. is said to be doing the rounds looking to raise a $1 billion Series E round on a seriously high peak unicorn valuation of $24 billion. The Wall Street Journal says further that the company has also been sharing its current revenue numbers with potential venture capital partners, and to say they’re quickly ...
Fitbit to float on the NYSE Thursday with a $20 share price
Shares in fitness tracking startup Fitbit, Inc. will float Thursday morning at a starting price of $20 per share, the company revealed Wednesday. According to reports, the $20 price was well ahead of the expected float price, and will result in the company raising $732 million for itself and its selling stockholders. The price values ...
TechStars acquires UP Global, the company behind Startup Weekend
Startup accelerator TechStars has acquired UP Global, the company behind Startup Weekend, Startup Week, Startup Next and Startup Digest programs. The acquisition isn’t hugely surprising given the two have had a long and illustrious relationship, with Startup Weekend having come out of a confab at TechStars back in 2007. “Together, we’ve built programs and resources for every stage ...
Bitcoin exchange Kraken launches new dark pool exchange service
Bitcoin exchange Kraken (Payward, Inc.) has launched the Kraken dark pool, a new trading feature that allows Kraken clients to privately place Bitcoin orders and execute against similar-sized orders at potentially better prices than publicly exposed trades. The dark pool, a term often used in broader financial markets, is an order book that is not ...