Duncan Riley
Latest from Duncan Riley
Snapchat hires journos in push to become an original content publisher
Snapchat Inc. is entering the publishing space after hiring an unspecified number of journalists to create original content. The chat app is to direct the content to its new Discover feature at the end of the month. As part of the new feature it will start publishing media that it created itself, as well as content ...
Former Anonymous spokesman Barrett Brown jailed for 63 months
Former Anonymous spokesman Barrett Brown was sentence to 63 months in prison Thursday after he pleaded guilty to charges of transmitting threats, accessory to hacking, and interfering with the execution of a search warrant. Barrett’s crimes relate to the hacking of global intelligence firm Strategic Forecasting, Inc. (Stratfor) in 2011, although notably he isn’t accused ...
Google planning to offer cell services as an MVNO
Google is reported to be entering the cell provider space with a deal that will establish the tech giant as a mobile virtual network operator (MVNO.) The Information claims that the new service will be called “Nova”, will operate on both Sprint and T-Mobile’s networks, and that the project is led by longtime Google executive Nick Fox. ...
Blackberry wants lawmakers to force companies to make Blackberry versions of their apps…seriously
Blackberry Ltd. CEO John Chen has today called on Congress to implement “Application Neutrality,” a proposal that would legally force app makers to provide a version of their apps that would work on Blackberry devices. A perhaps mentally unhinged Chen argues that the current system where in all apps don’t work on Blackberry is similar to ...
Charlie Shrem associate gets 4 years for Silk Road money laundering
Charlie Shrem associate Robert Faiell has been given a 4 year sentence for his involvement in the Silk Road money laundering case. Faiella, known as “BTCKing,” told U.S. District Judge Jed Rakoff today that he exchanged the digital currency for use in online drug deals to support his family after he became disabled by back troubles. “At ...
Overstock.com to take on Amazon with new VOD/ streaming service
Overstock.com Inc. is set to launch a new video on demand (VOD) and streaming service that will compete Amazon, the company announced Tuesday. The new service is to be offered via the Overstock Club O loyalty program and will start with a VOD catalog of 30,000 titles, CEO Patrick Byrne told an audience at the 2015 ...
Coinbase raises $75m Series C in largest round ever for a Bitcoin startup
Coinbase Inc. has raised $75 million Series C in a round led by DFJ Growth that included The New York Stock Exchange, USAA, BBVA (Brazil), NTT Docomo (Japan), Valar Capital Group, Vikram Pandit, Tom Glocer and Carlos Rodriguez Pastor. Previous investors Andreessen Horowitz, Reddit Capital and Union Square Ventures also participated in the round. The ...
Twitter acquires Indian mobile dev firm ZipDial for $30 million
Twitter Inc. has acquired Indian firm ZipDial Mobile Solutions Pvt (ZipDial) for a figure believed to be $30 million. Rumors that acquisition talks were taking place first surfaced January 14th. Described by Twitter as “a product partner based in Bangalore, India” the company offers a mobile platform that lets people follow and engage with content across ...
Amazon to make 12 movies a year for theaters and Prime
Amazon produced content is coming to the big screen with an announcement today that its Amazon Studios division will now be producing original movies for theaters, as well as Amazon Prime. The distribution of the movies will differ slightly to releases from traditional studios in that they will premiere on Prime Instant Video in the ...