Duncan Riley
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Satellite internet startup OneWeb Ltd. Monday said it has raised $1.2 billion in private equity in a round led by Japanese telecommunications firm Softbank Group Corp. Founded in 2012, OneWeb has set its sights on the lofty goal of deploying a constellation of micro-satellites …
BlackBerry joins self-driving car bandwagon with dedicated research center
BlackBerry Ltd. is the latest company to make a move into the self-driving car business, as the once-great mobile phone maker launched an autonomous driving research center on Monday. While BlackBerry’s decision to abandon making mobile phones in favor of developing software …
Indian state rolls out blockchain technology for secure database storage
The Indian state of Andhra Pradesh has started to roll out blockchain technology to secure state databases to prevent them from being hacked. Said to be the first use of the blockchain for governance in Asia, the new platform has already been …
Research finds WordPress security flaws exist but not as bad as thought
A new study has found that while Automattic Inc.’s WordPress content management system continues to have security flaws, they’re not as bad as commonly thought. German security firm RIPS Technologies GmbH analyzed all 47,959 plugins that are available from the official WordPress repository using …
Report: Facebook drone crashed due to wind and software failure
An inquiry by the U.S. National Transportation Safety Board following the crash of Facebook Inc.’s Aquila drone back in June has determined the cause: wind and software failure. The maiden flight of the solar-powered Aquila drone, which has a wingspan roughly equivalent to a Boeing …
LinkedIn-owned Lynda.com hacked with 9.5M accounts compromised
2016 can’t end quickly enough in the land of corporate security. LinkedIn Inc.-owned online learning provider Lynda.com disclosed over the weekend that it was hacked, with the personal details of some 9.5 million users being accessed. On a bright note, if there …
General Motors starts testing self-driving cars in Michigan
General Motors Corp. will begin testing its own self-driving cars in Michigan following the state’s decision to legalize the operation of autonomous vehicles, the company announced Thursday. Testing of GM’s autonomous Chevrolet Bolt EV had been underway at GM’s Technical Center campus …
Verizon’s Yahoo acquisition in doubt following latest hack disclosure
Verizon Communications Inc.’s takeover of Yahoo Inc. has been thrown into doubt again following news Wednesday that Yahoo had suffered another major hack that had compromised the accounts of a staggering 1 billion users. According to Bloomberg, Verizon is exploring a price …
Open-source peer-to-peer marketplace OpenBazaar raises $3M seed round
OB1, the development company behind open-source peer-to-peer marketplace OpenBazaar, has raised $3 million in a seed funding round backed by BlueYard Capital, Union Square Ventures and Andreessen Horowitz. Launched in April this year, OpenBazaar provides a decentralized P2P e-commerce marketplace powered by …
28 Android phones including Lenovo models found to ship with malware
New research has found that 28 Android phones ship from the factory with preinstalled malware that can hijack a phone, install adware and other forms of malware. The phones were discovered with the malicious apps by security researchers with Russian antivirus firm …