Duncan Riley
Latest from Duncan Riley
The Chan Zuckerberg Initiative, the philanthropy organization set up by Facebook founder Mark Zuckerberg (pictured) and his wife Priscilla Chan, has acquired Meta Inc., a search engine that uses artificial intelligence to index and find insights across millions of scientific research papers. Founded …
Bitcoin Investment Trust files for initial public offering
Barry Silbert‘s Bitcoin Investment Trust is heading to Wall Street, filing initial public offering paperwork with the New York Stock Exchange for Grayscale Investments LLC, a wholly owned subsidiary of Digital Currency Group Inc. KCG Holdings Inc. and Wedbush Securities Inc. are listed …
Elon Musk says Tesla upgrades will happen every 12-18 months
Tesla Motors Inc. Chief Executive Elon Musk has announced that the company is committed to upgrading the hardware behind its vehicles every 12 to 18 months. Musk made the announcement via Twitter in response to an owner who was complaining that older-model vehicles …
Yahoo under investigation over failure to disclose data breach earlier
The U.S. Securities and Exchange Commission has launched an investigation into whether Yahoo Inc. should have disclosed a data breach to its investors earlier. According to The Wall Street Journal quoting people familiar with the matter, the SEC opened the investigation in …
US investigators clear Tesla Autopilot in fatal Model S crash
Tesla Motors Inc. has been cleared by the U.S. National Highway Traffic Safety Administration in its investigation into the fatal car crash of a Tesla driver who was using the company’s autopilot feature. Joshua Brown died in May behind the wheel of his …
Flying high: Drone delivery startup Flirtey raises $16M
In a sizable show of support for its drone delivery plans, startup Flirtey Inc. has raised $16 million in its initial major venture capital funding. The Series A led by Menlo Ventures and Qualcomm Ventures and included Lowercase Capital, Y Combinator and World Innovation …
Daimler acquires bitcoin-friendly digital payments company PayCash
German car maker Daimler AG has acquired PayCash Europe SA, a Luxembourg-based digital payments company that supports bitcoin. Founded in 2012, PayCash describes itself as an “Electronic Money Institution” that services the 28 European Union states with money transfers. Its platform includes a Mobile Payment …
Newly discovered Mac malware uses pre-OS X code
Security researchers at Malwarebytes have discovered a new type of Mac malware that, surprisingly enough, uses antiquated code to gain access to infected Apple computers. Dubbed Fruitfly, the malware, which is believed to have been created some time ago but has only …
Robots start delivering food in Silicon Valley and Washington D.C.
People who order their food online in Washington D.C. and Silicon Valley may soon notice a different sort of delivery driver: a robot. The deployment of autonomous delivery robots is part of a trial involving Estonian company Starship Technologies, a startup founded by …
Oracle sued by Department of Labor for alleged employment discrimination
The U.S. Department of Labor Wednesday sued Oracle America Inc. over accusations that it discriminated in hiring and pay in violation of equal employment laws. The lawsuit, filed by the department’s Office of Federal Contract Compliance Programs, alleges that Oracle pays Caucasian …