Duncan Riley
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The notorious hacking group TheShadowBrokers announced Thursday that it’s retiring, but not without leaving a parting gift. The group came to worldwide fame back in August after hacking the National Security Agency linked Equation Group and offering the tools it obtained for sale on …
Donald Trump picks Rudy Giuliani as cyber security advisor
Former New York Mayor Rudy Giuliani will advise the incoming administration on cyber security matters, President-elect Trump’s transition team announced Thursday. Despite critical remarks by some in the media, Giuliani comes into the role with some experience, not only from his days of …
You can now book Uber rides from within Google Maps
Google Inc. has updated its Maps app to allow Uber users to book their rides directly within the search giant’s app itself. The new feature, an extension of basic support for Uber rides announced back in 2014, allows users to search, browse, request and pay …
Person-to-person lending platform Funding Circle raises $100M round
Brushing aside worries about fallout from the United Kingdom’s Brexit vote last year, person-to-person lending platform provider Funding Circle Ltd. has raised $100 million in a late and large Series F round led by Accel Partners. Founded in 2010, Funding Circle connects …
Mobile payments startup iZettle raises $63M in new funding
Swedish mobile payments startup iZettle AB has raised $63 million in new funding to push its mini-credit card readers that turn smartphones or tablets into cash registers. The new funding was raised at a valuation of $500 million, according to TechCrunch, through a …
Exchange investigation in China drives bitcoin price down 18 percent
The price of bitcoin dropped as much as 18 percent in trading Wednesday as Chinese authorities announced they were launching spot checks on leading bitcoin exchanges within its borders. China’s Central bank published an announcement that it will start carrying out site inspections on …
Department of Transportation establishes autonomous device advisory committee
The U.S. Department of Transportation has established a new advisory committee to come up with policies for autonomous drones, self-driving cars and similar technologies. Chaired by General Motors Co. Chief Executive Officer Mary Barra, the committee includes representatives from, among others, Zipcar …
Google parent Alphabet grounds Titan Internet drone division
Google Inc.’s parent company Alphabet Inc. has continued the purge of its X moonshots division by closing its Titan drone division and related Project Skybender that were intended to provide Internet access to remote areas. First reported by 9to5Google, the closure resulted …
27,000 MongoDB database installations hijacked, held for ransom
Some 27,000 MongoDB database installations have been compromised and hijacked in a widespread ransomware attack, according to security researchers. The attack, which started on New Year’s Day, initially saw 200 MongoDB installs compromised until growing to 2,000 by the Tuesday and then …
Coming of age, blockchain technology will power $11B in credit derivatives trades
The blockchain has finally hit the mainstream. Depository Trust and Clearing Corp., which has been called the central bookkeeper for Wall Street’s securities trades, announced Monday that it will use the technology that powers bitcoin to handle payments and record-keeping for credit default swaps. DTCC …