Duncan Riley
Latest from Duncan Riley
Snap Inc., best-known for its Snapchat app, is finally going public. The “camera company,” as Snap curiously calls itself in initial public offering documents filed Thursday, is looking to raise $3 billion on a valuation of between $20 billion and $25 billion. …
GoPro Karma drones back on sale after faulty battery latch fixed
GoPro Inc. is hoping its luck has turned for the better. On Wednesday, the company best known for its outdoor action cameras re-released its Karma drone for sale. The drone was infamously recalled back in November after a “small number” of Karma units …
Predictive analytics startup Uptake raises $40M, netting $2B valuation
Uptake Technologies Inc., a predictive analytics startup established by Groupon Inc. founders Brad Keywell and Eric Lefkofsky, has raised $40 million late-stage funding round. The Series C round, raised from Revolution Growth, founded by AOL founder Steve Case, valued the company at $2 billion, …
Google’s Waymo self-driving cars got a whole lot smarter in 2016
Google Inc.’s long-held ambition to deliver safe self-driving cars is slowly coming to fruition, as new stats show the technology required far less human intervention in 2016. The stats, reported by Waymo Inc. (the company formerly known as Google’s self-driving car project) …
Study: Data breaches in 2016 exposed a record 4.2 billion files
Last year is widely regarded as a milestone period for data breached, and not in a good way. Just how bad was it? Pretty bad. A new study finds the year suffered the highest number of data breaches on record, breaking the previous …
Radware picks up Seculert for improved big data analytics, machine learning
Distributed denial of service protection firm Radware Ltd. has acquired cloud-based security firm Seculert for an undisclosed sum. Founded in 2012, Seculert offers a software-as-a-service security platform that aims to fill gaps left by legacy perimeter defense and breach detection systems. It claims …
Cyberintelligence startup InfoArmor raises funding and appoints new CEO
Employee protection solutions and cyber intelligence startup InfoArmor Inc., has taken an undisclosed amount of new funding from Boston-based growth equity investment firm Summit Partners. Along with the new funding, InfoArmor announced changes to its executive team. Current President and Chief Financial Officer John …
Daimler to provide Uber with self-driving Mercedes-Benz cars
Uber Technologies Inc. has signed a deal with German automaker Daimler AG that will see Mercede-Benz vehicles joining Uber’s self-driving car fleet. The terms of the deal were not disclosed. Nor was a timeline, only a commitment that the vehicle would be joining Uber …
Exabeam launches new security intelligence platform that cuts data costs
Security firm Exabeam Inc. has launched a new Security Intelligence Platform that is designed to lower the risk of cyberthreats in enterprise environments at a more affordable price than other solutions in the market. Exabeam’s new platform aims to enable the collection …
Former Federal Reserve employee fined for mining bitcoin at work
A former Federal Reserve employee has been fined $5,000 and placed on 12 months’ probation for mining bitcoin from a server at the central bank. Nicholas Berthaume, who previously worked as a communications analyst for the Federal Reserve’s Board of Governors, was …