Duncan Riley
Latest from Duncan Riley
Bitcoin trading volumes in China dropped as much as 90 percent Tuesday after local exchanges introduced transaction fees for the first time. The three largest Chinese exchanges introduced the fee of 0.2 percent on all buy and sell orders in response to an …
It’s back! New HummingBad malware variant infects up to 12 million Android users
A new version of HummingBad, the malware that infected more than 10 million Android devices in 2016, has been discovered, and like its predecessor it appears to be running riot as well. Dubbed HummingWhale, the malware has been found hidden in 46 …
Yahoo acquisition delayed as Verizon fails to confirm deal will still happen
Verizon Communications Inc.’s acquisition of Yahoo Inc. is once again in doubt, with both companies saying Tuesday that the deal will not be completed in the first quarter as originally scheduled. Yahoo claimed that the deal is now scheduled to be finalized in …
HPE acquires cloud financial management startup Cloud Cruiser
Hewlett Packard Enterprise Co. has acquired cloud financial management startup Cloud Cruiser Inc. for an undisclosed price. Founded in 2010, Cloud Cruiser offers a cloud financial management solution that claims to enable enterprises and service providers to optimize costs and increase profitability in …
Former GE CIO join Turbonomic board as part of $50M funding round
Virtualization and cloud management software maker Turbonomic Inc. has raised $50 million in a late Series E round raised exclusively from General Atlantic LLC. As part of the deal, Gary Reiner, a former chief information officer at General Electric Co. and current operating …
Matchpool brings the blockchain to online dating
Blockchain, the distributed ledger platform that powers bitcoin, is being used by a startup to power a dating service with a difference. In an effort to disrupt the multi-billion dollar online dating industry, Matchpool is building a blockchain-powered incentive-based community platform that allows anyone …
Satan ransomware-as-a-service makes it easy to dabble in cyber extortion
A new form of “ransomware-as-a-service” that allows users to customize their campaigns has been discovered on the dark web. Called Satan, as in the prince of darkness, the platform can create a customized ransomware payload that encrypts a victim’s files. Satan users also can …
Chan Zuckerberg Initiative acquires Meta, an AI-based science search engine
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 …