Duncan Riley
Latest from Duncan Riley
Brit + Co raises $23.1m Series B to further target female millennial DIY lovers
Brit Media Inc., the company behind the media and e-commerce site Brit + Co has raised $23.1 million Series B. Who participated in the round was clear, but a Securities Exchange Commission (SEC) filing shows that Lisa Lambert of Intel Capital has joined the company’s board, suggesting they took part. Founded in 2011 by Brit Moran, who ...
Adult FriendFinder hacked with millions of private records appearing on the Dark Web
FriendFinder Networks Inc.’s popular adult dating and hookup website Adult Friendfinder has been hacked, with the details of millions of users appearing on the Dark Web. U.K. television station Channel 4 made the discovery, claiming that the stolen data reveals sexual preferences of users, whether they’re gay or straight, and if they are looking to ...
Elliptic and Gem team up for enhanced Bitcoin wallet security
Bitcoin storage provider Elliptic Enterprises Ltd. has announced a new partnership with Bitcoin security platform provider Gem that will see Elliptic offer enhanced security for Gem clients. Under the deal, Elliptic will act as an independent third party to provide insured storage of the third (backup) private key to Gem Bitcoin wallets; typically a multi-signature wallet has three ...
Lycos is looking to sell its search patents, and yes, Lycos still exists
Surprising many that it still exists, internet search pioneer Lycos Inc. announced Wednesday that it intends to sell the majority of its patent portfolio as it is refocusing to sell “a suite of hard good products.” According to reports, Lycos is looking for a buyer for patents that are said to cover search engines, online ...
Spotify adds video and podcasts to its content mix
Streaming music giant Spotify AB is no longer a streaming music company alone, with an announcement in New York Wednesday seeing the addition of video and podcasts to the service. According to the company, the new Spotify will feature a range of entertainment, news and clips from providers including ABC, Adult Swim, BBC, Comedy Central, E!, ESPN, ...
Ellen Pao confirms intent to make Reddit a safe space, doesn’t believe in free speech
Reddit’s interim Chief Executive Officer Ellen Pao has confirmed redditors’ worst fears following a policy change last week, saying in an interview that she intends to turn Reddit into a safe space. Pao, previously a failed litigant in a sexual discrimination case, told National Public Radio (NPR) that the new policy reflected that it was ...
NYSE launches NYXBT, a new index tracking the price of Bitcoin
The New York Stock Exchange (NYSE) has launched a Bitcoin index that provides the price of Bitcoin as part of its Global Index Feed. Called NYXBT, the index will provide the price of one Bitcoin to the United States dollar as it is valued daily at 4 p.m. GMT. “Bitcoin values are quickly becoming a data point ...
Smart buy: Automattic picks up WordPress e-comm plugin maker WooCommerce for $30m+
Automattic Inc., the company behind WordPress, has acquired WooCommerce, a WordPress related startup that sells WordPress e-commerce tools and themes. The price of the acquisition was not disclosed but was reported by Re/Code as being “more than $30 million” in a combination of cash and stock. Founded in Cape Town, South Africa in 2008 initially as WooThemes, ...
Google, Twitter ink deal to see tweets feature prominently in Google search results
Twitter Inc. and Google Inc. have come to a new agreement that will see live tweets featured prominently in Google’s search results for the first time since their previous partnership ended in 2011. Under the deal announced on the Official Twitter blog, as of now users in the United States searching Google in English will ...
Big day for cloud comms company Twilio as it announces eight new products
Cloud communications company Twilio Inc. raised the bar today in the software as a service (SaaS) comms space by announcing not one, but eight new products. Twilio offers an API that enables developers to deploy voice, VoIP and SMS apps via simple code, with the new offerings built on top of this. Top of the ...