Duncan Riley
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Shares in enterprise Software as a Service startup Blackline Inc. surged on the Nasdaq Friday in another sign of the markets growing thirst for tech initial public offerings. Offering shares at $17 each, higher than an initial price guidance of $13 to $15 …
Pennsylvania man gets 18 months in prison for hacking celebrity nudes
A man involved in the infamous “celebgate/fappening” hacking scandal in 2014 that resulted in private images of celebrities appearing online has been sentenced to 18 months in prison. Ryan Collins, 36, from Pennsylvania had earlier pleaded guilty to one count of unauthorized …
LinkedIn books a third-quarter profit as it heads into Microsoft’s hands
LinkedIn Corp. beat market expectations Thursday with its third-quarter financials in what may be its last published figures before being acquired by Microsoft Corp. Revenue in the third quarter came in at $960 million, up 23 percent over the same quarter in 2015 …
Qualcomm to acquire rival NXP for $47 billion in all-cash deal
Qualcomm Technologies Inc. has announced plans to acquire rival firm NXP Semiconductors N.V. in an all-cash deal for $110 a share, totaling $47 billion, the company announced Thursday. Founded in 2006 and based in the Netherlands, NXP is best known for co-inventing …
BlackBerry launches its last official phone, the unimaginatively named DTEK60
A few weeks after announcing that it was no longer going to make phones, BlackBerry Ltd. launched its last official phone Wednesday, aimed squarely at corporate customers. The unimaginatively named DTEK60 is an Android-powered device that includes a 5.5-inch QuadHD display with 2,560 x …
Tesla earns surprise profit thanks to reduced costs, higher vehicle sales
It turns out that making electric, semi-autonomous vehicles can be profitable after all: Tesla Motors Inc. Wednesday posted an unexpected profit in the third quarter. The electric vehicle and battery company managed $2.15 billion in revenues for the quarter, up 145 percent over …
BitPay to launch new bitcoin wallet using Intel’s chip-level security
Bitcoin payments startup BitPay Inc. has announced a new secure bitcoin wallet that uses Intel Corp.’s security extension hardware to safeguard security. An updated version of BitPay’s original bitcoin wallet called Copay, the new release integrates with Intel’s Software Guard Extensions which …
‘Script kiddies’ blamed for massive website cyber attack
A massive distributed denial of service attack that brought down leading sites across the world on Friday is being attributed to script kiddies, or people who use existing scripts or programs, who wanted to take down the PlayStation Network, a report published Tuesday …
Guidelines for preventing car hacking issued to automakers
Following on from a warning in March from the Federal Bureau of Investigation that cars with computer systems can be hacked, the National Highway Traffic Safety Administration has issued a set of recommended cyber security guidelines for connected cars. The best practice …
Akamai shares rise as security and cloud services surge in Q3
Shares in cloud service provider Akamai Technologies Inc. rose more than 8 percent in after-hours trading Tuesday as the company reported strong growth from its security and cloud performance services. Akamai reported revenues of $584 million for its third quarter, up 6 …