Duncan Riley
Latest from Duncan Riley
A new report from software vulnerability management and open source security solutions company Flexera Software LLC has found that a significant number security products are included on a list of products with the most software vulnerabilities. The report, Flexera’s “Vulnerability Update1” covers …
Intel rearranges IoT division to create self-driving vehicle group
Intel Corp. has launched a major reorganization of its management structure to create for the first time a group within the company that is focused only on self-driving vehicles. The new group, known as the Automated Driving Group or simply ADG, will …
Indian bitcoin startup Unocoin launches mobile wallet for iOS and Android
Indian bitcoin startup Unocoin Technologies Private Limited has launched its first mobile bitcoin wallet for both iOS and Android. Developed by the company itself, the app allows consumers to buy, sell, send, receive and store bitcoin with a one-touch button. It allows …
Customers blackmailed following Liechtenstein bank hack
Customers of a bank in Liechtenstein are being blackmailed by hackers who are threatening to publish their account details or hand them over to financial authorities. Valartis Bank (Liechtenstein) AG account holders started receiving emails last week demanding that they send 10 …
Support rises for bitcoin software fork that would double transaction limits
Bitcoin is coming close to undergoing a soft fork, or a new direction of the underlying software, as an upgrade that boosts the network’s transaction capacity is gaining widespread support. Called Segregated Witness or simply SegWit for short, the fork will more …
San Francisco commuters get free Muni rides thanks to ransomware infection
San Francisco public transport passengers received a pleasant surprise over the weekend as the city’s Muni network offered free rides as a result of the ticketing network being hijacked by ransomware. A variant of the HDDCryptor malware hit 2,112 computers within the …
Uber rival Ola seeking new funding on reduced valuation of $3B to $4B
Uber Technologies Inc. rival Ola (ANI Technologies Pvt. Ltd.) is seeking to raise new funding in a down round, according to a report published in India. According to The Economic Times, quoting “five people aware of the developments,” Ola is seeking to …
Bitcoin startup Blockchain passes 10 million wallets
Bitcoin wallet and blockchain explorer startup Blockchain (Blockchain Luxembourg S.A.) is celebrating a new milestone: passing the 10 million-wallet mark. The company claims that it is the first wallet provider to reach this milestone and it now holds over 50 percent of …
iPayYou launches bitcoin-to-Amazon payment service
Bitcoin wallet provider iPayYou Inc. has launched a new service that allows users to purchase goods on Amazon.com Inc. using bitcoin. Called Amazon Direct, the service allows users to transfer any amount of bitcoin from their iPayYou bitcoin wallet to Amazon. To …
Walmart and IBM test blockchain for custom supply chain tracking
Distributed ledger blockchain technology may be be known for its original use for powering bitcoin and more recently for its financial technology implementations. Now, it’s being applied to supply chain management and tracking. IBM Corp. and retailing giant Wal-Mart Stores Inc. have …