Duncan Riley
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Google Inc- owned artificial intelligence company DeepMind Technologies Ltd. has provided more details on its deal with Britain’s National Health Service to digitize healthcare records, including the development of a blockchain-like tool to address privacy concerns. Called “Verifiable Data Audit,” the new …
Who needs an IPO? Airbnb raises $1B round for a $31B valuation
Online accommodation marketplace Airbnb Inc. has raised $1 billion in a late-stage round that is believed to have included Google Capital and TCV. First reported by CNBC, the Series F round consisted of two parts, an initial $555 million raised and reported …
Report: Cloudera has confidentially filed its IPO paperwork
Big data company Cloudera Inc. has filed its S-1 paperwork for an initial public offering, according to a report published Thursday. Bloomberg, citing “people with knowledge of the matter,” said the filing was made confidentially using the provisions of the Jumpstart Our Business Startups …
Tech companies deliver mixed responses to Wikileaks CIA hacking revelations
Major tech companies including Google Inc., Apple Inc., Microsoft Corp. and Samsung Electronics Co. Ltd. have responded to revelations from Wikileaks that the Central Intelligence Agency had managed to hack devices they produce. Apple led the charge, claiming that the many of the …
Bitcoin price plunges as Chinese exchanges suspend withdrawals indefinitely
The price of bitcoin plunged in trading Wednesday following an announcement from China’s three largest exchanges that they would extend their ban on withdrawals on the cryptocurrency indefinitely. BTC China, Huobi and OKCoin made the announcement in separate statements, saying that the …
Bitcoin blockchain P2P payments startup Veem raises $24M in new round
Bitcoin blockchain payment services startup Veem Inc. has raised $24 million in a Series B round for its effort to provide an alternative to expensive wire transfers. Founded in 2014 and previously known as Align Commerce, Veem offers a financial payments platform …
Google Cloud launches new ‘role-based’ engineering support
Google Inc. has unveiled a new commercial support product for companies using its cloud services. Called simply “Engineering Support,” the new product, as the name quite clearly suggests, provides Google engineer support to Google Cloud Platform clients on a role-based subscription model. Google …
More than 1 million decrypted Gmail and Yahoo accounts are for sale on the dark web
More than 1 million usernames, emails and decrypted passwords of Gmail and Yahoo accounts have been found on sale in a dark web marketplace. According to reports, a dark web seller who goes by the name of SunTzu583 is offering to sell 100,000 …
Google enhances cloud partner program to take on AWS and Azure
Google Inc. has announced that it is enhancing its cloud partner program to make it easier for partners to build products seamlessly across its range of offerings. At the top of the list is the introduction of Google Cloud Partner Specializations, a new program that …
Avaya agrees to sell its networking business to Extreme Networks for $100M
Troubled business communications company Avaya Inc. has agreed to sell its networking business to Extreme Networks Inc. for $100 million as part of its efforts to battle its way out of bankruptcy. Avaya, which filed for Chapter 11 bankruptcy in January in an effort to …