Duncan Riley
Latest from Duncan Riley
2020 vision: Google wants to partner with car makers on self driving tech
Google Inc. is reported to be in talks with a range of major car manufacturers to bring its self-driving car technology to the mainstream by 2020. Automakers in talks with Google include General Motors Co, Ford Motor Co, Toyota Motor Corp, Daimler AG and Volkswagen AG. “We’d be remiss not to talk to … the biggest auto ...
Trouble in the Bitcoin mines: CoinTerra sued for not paying its bills
Bitcoin mining company CoinTerra Inc. is in a spot of bother today with news that it is being sued by a Utah data center operator for breach of contract and failure to pay $1.4 million for services. Bluffdale, Utah-based C7 Data Centers Inc. alleges that CoinTerra acted in bad faith by intentionally underpaying for services, ...
Nyet! Russia bans Bitcoin websites, may ban Bitcoin outright
Russian telecommunications regulator Roskomnadzor blocked access to at least seven Bitcoin related websites Tuesday on the grounds that the currency “contributes to the growth of the shadow economy.” ITAR Tass reported that Roskomnadzor claims the implementation of the ban follows a court order dating from September 2014, which read: Introduction in Russia of other monetary units ...
Report: Etsy looking at Q1 IPO to raise $300 million
Online goods marketplace Etsy Inc. is looking to raise $300 million in a first quarter IPO, according to a report from Bloomberg. Founded in 2005, the company focuses on handmade and vintage items, as well as art and craft supplies. Items available on the Etsy site include art, photography, clothing, jewelry, edibles, quilts, and toys. ...
Ross Ulbricht goes on trial over Silk Road charges
Ross Ulbricht went on trial Tuesday before a Manhattan Court on multiple charges stemming from his creation and administration of notorious darknet marketplace Silk Road. Ulbricht is facing charges of conspiring to commit narcotics trafficking, conspiring to commit computer hacking and conspiring to commit money laundering. The defense opened with attorney Joshua Dratel admitting upfront that Ulbricht ...
Google Domains now available in the U.S. for your domain buying pleasure
Google has launched Google Domains in beta to the United States market, a domain registration and site building platform it has been privately testing since June 2014. The service, like those provided by the likes of GoDaddy Group Inc. and Namecheap Inc., offers domain registration services across a number of TLD (top level domain) extensions, from ...
Bitcoin storage firm Elliptic receives reporting accreditation from KPMG
Bitcoin storage provider Elliptic Enterprises Ltd. has achieved a Bitcoin industry first in obtaining ISAE3402 accreditation from a “big four” accounting firm for financial reporting at a standard applied to banks. The London, England-based company provides services to investment funds and trading houses, covering Bitcoin and other cryptocurrency storage solutions. ISAE 3402 accreditation: Assurance Reports on Controls at ...
Urbanspoon acquired by Zomato for rumored $60 million
Restaurant review company Zomato Media Ptv Ltd has acquired Urbanspoon from IAC/InterActive Corp. The price of the acquisition has not be disclosed, but is believed to be around the $60 million mark according to Geekwire, who broke the story. Urbanspoon offers restaurant search, reviews and ratings and has a strong presence in the United States, Canada, U.K., ...
Sadly not April fools: U.K. Government wants to ban all encrypted apps
The British Prime Minister said Monday that the U.K. Government would ban encrypted apps after the next U.K. General Election in May unless security services were given backdoor access to spy on users. David Cameron, in what is surprisingly not an April Fools Day joke, cited the recent terrorist attacks in Paris as his raison d’etre. “The ...
Meet smrtGRiPS, the remarkably clever yet simple smart bike grips
The Internet of Things comes in all shapes and sizes in 2015, and whereas some have dubious merit, occasionally you hit something so cleverly simple yet useful you just go wow. Meet smrtGRiPS, billed as the “world’s first connected bike grips.” The initial reaction maybe one of doubt, as upfront the obvious question is why in the ...