Duncan Riley
Latest from Duncan Riley
Application performance management firm AppDynamics Inc. could become the tech industry’s first initial public offering in the new year, as the company submitted its S-1 regulatory filing Wednesday. AppDynamics is looking to raise $100 million on a valuation of approximately $1.9 billion, according to …
Huawei acquires Israeli database security startup Hexatier for $42M
Huawei Technologies Co. Ltd. has acquired Israeli database security and compliance solutions startup HexaTier Ltd. for a reported $42 million. Founded in 2009 and previously known as GreenSQL, HexaTier offers database security and compliance through database reverse proxy technology to secure cloud-hosted databases …
Chinese military blamed for FDIC hack
Hackers sponsored by the Chinese military are being blamed in a new U.S. government hacking case, according to a report. Citing people with knowledge of the breach, Reuters Friday said the Federal Deposit Insurance Corp. was hacked for several years beginning in 2010. The Federal …
Coinbase sued by Cryptsy victims for assisting bitcoin theft
Coinbase Inc. has been dragged into the ongoing drama surrounding failed bitcoin exchange Cryptsy (Project Investors, Inc.) over allegations that Coinbase helped steal money from the exchange. Silver Law Group and Wites & Kapetan, P.A., on behalf of Cryptsy victims, filed a …
Chinese citizens charged with hacking M&A law firms for insider trading
Three Chinese citizens have been charged in the United States of hacking law firms to obtain confidential information on corporate mergers and acquisitions to engage in insider trading. Iat Hong and Chin Hung of Macau and Bo Zheng of Changsha, China, were …
Police ask Amazon to provide Echo records in murder case
Alexa, who dunnit? That question might sound somewhat facetious, but police in Bentonville, Arkansas, are attempting to do exactly that through a request to Amazon.com Inc. to release information that may have been recorded by an Echo device in the home of a …
World’s largest hedge fund trying to build an AI version of its boss’ brain
Big Brother could soon be real for the employees of Bridgewater Associates LP. The world’s largest hedge fund is building a system that would automate most of the firm’s management. The system, variously known as “The Book of the Future,” “The One Thing” and the “Principles Operating …
Delivering on promise, Apple publishes its first artificial intelligence research paper
Apple Inc. has made good on its promise to start publishing its research on artificial intelligence with the publication of its first paper in the field. Spotted first by Forbes, the paper, titled “Learning from Simulated and Unsupervised Images through Adversarial Training,” was submitted …
Snap acquires Israeli augmented reality startup Cimagine for $30-40M
Messaging app maker Snap Inc. has acquired Israeli augmented reality firm Cimagine Media, according to an Israeli news report. First reported by Calcalist, the deal, which has not yet been confirmed by either company, is believed to be around the $30-$40 million mark. Cimagine will become Snap’s …
Report: Hackers stealing millions in bitcoin via phone hijacking
In a growing trend, hackers are hijacking phone numbers as a new way to steal funds from bitcoin and other accounts. According to a report by Forbes, hackers were able to fake the identity of Colombian man Jered Kenna then subsequently transfer his mobile phone …