Duncan Riley
Latest from Duncan Riley
Xiaomi, Inc., the Chinese phone manufacturer often called the Apple of China, has lost its gloss, with new figures showing that its sales have started to plummet. According to a new report from International Data Corporation (IDC), Xiaomi sales slid in China …
Bitcoin & blockchain investment surges to $290m in first half of 2016
Investment in bitcoin and blockchain related companies is surging, with a new study published Tuesday finally putting a figure to the investment boom. According to Juniper Research, venture capital investment into bitcoin and blockchain companies came in at $290 million for the …
Intel enters the VR space with cordless Project Alloy headset
Intel Corp. has entered the burgeoning virtual reality (VR) space with Project Alloy, an all-in-one wireless VR headset. Project Alloy delivers what Intel describes as new immersive experiences due to the company’s RealSense technologies that are optimize for VR usage, including most …
Bankrupt social justice warrior blog network Gawker Media acquired by Univision for $135m
Bankrupt social justice warrior blog network Gawker Media, Inc. has been acquired by Spanish-language media company Univision Communications, Inc. for $135 million. In acquiring Gawker Media, Univision outbid publishing company Ziff Davis LLC, who had offered the lower figure of $90 million …
Group linked to NSA claimed to have been hacked, tools offered for sale on the dark web
A hacker or hackers going by the name of “The Shadow Brokers” is claiming to have hacked a group linked to the National Security Agency (NSA) and are offering their tools for sale on the dark web. The Shadow Brokers claim to …
Minecraft now available on the Oculus Rift VR headset
Fulfilling a promise made nearly 12 months ago, Microsoft has finally delivered a virtual reality version of popular block-building game Minecraft for the Oculus Rift headset. The new Oculus Rift virtual reality-friendly version of Minecraft comes by way of a new free update to …
Report: Snapchat claimed to be acquiring mobile search and discovery app Vurb
Snapchat Inc. is said to be close to finalizing a deal to acquire mobile search and discovery app maker Vurb (Verbify, Inc.), according to an unconfirmed report Monday. The Information (firewall) claims the deal is priced at $110 million plus additional team …
KGI: New iPads in 2017 will include new 10.5-inch Pro, no Mini
Apple, Inc. is expected to launch three new iPads in 2017, including a new 10.5-inch iPad Pro, according to a report released Monday. Noted Apple analyst Ming-Chi Kuo from KGI Securities made the claim in a note to investors, saying that Apple …
Report claims Lyft rejected an acquisition offer from GM
Ridesharing service provider Lyft, Inc. rejected an acquisition offer from car maker General Motors , Inc. in the last few weeks, according to a report at the weekend. According to The Information, Lyft is said to have briefly considered the offer given that …
World Economic Forum backs blockchain as the future of fintech
A new report from the World Economic Forum has found that the blockchain will come to occupy a central place in the global financial system. The report, “The future of financial infrastructure: An ambitious look at how blockchain can reshape financial services”, …