Duncan Riley
Latest from Duncan Riley
15-year-old script kiddie arrested in TalkTalk hacking investigation
An unnamed 15-year-old boy has been arrested in relation to the massive hack and subsequent data breach of United Kingdom telco TalkTalk Telecom Group PLC. The boy, a resident of County Antrim, Northern Ireland was arrested on suspicion of breaching the Computer Misuse Act, a U.K. law that covers unauthorized access to computer material, unauthorized ...
Facebook copies Google Now with new mobile notifications tab
Facebook, Inc. has announced a major upgrade to the notifications tab in its mobile app that will see the feature become more than simply one that informs users when others have liked or commented on posts. The new notifications tab combines the existing update data provided in the old tab with what Facebook describes as ...
UK telco TalkTalk hacked, hackers demand Bitcoin ransom but user data is already out there
British communications company TalkTalk Telecom Group PLC has experienced a serious data breach with the alleged hackers behind the hack demanding a ransom in Bitcoin. The breaches (there were remarkably three over 8 months) were first disclosed Friday and are believed to involve data for some 4 million customers, including credit card and bank account ...
These morons just blew $35m on an app with 15m installs because they never had a business model
A somewhat common concept that has gripped the tech startup scene in recent years is the idea that you build a startup without any clear idea how you’re going to make money from it, then presuming you’re not acquired in the meantime you eventually work out how to monetize it after you’ve built up the ...
VR games startup Playful Corp raises $25m Series B
Virtual reality (VR) game startup Playful Corp. has raised $25 million Series B in a round from a number of undisclosed investors. Founded in 2012 by Words with Friends co-creator Paul Bettner, Playful has as its primary aim to develop games for the Facebook, Inc. owned Oculus Rift. The company has a long (as much ...
Big win for Bitcoin as EU Court of Justice rules transactions can’t be charged VAT
In a big win for the Bitcoin and cryptocurrency sector, Europe’s highest court has ruled that the likes of Bitcoin should be exempt from value-added tax (VAT) and treated like any other currency The European Union’s Court of Justice ruled on a case that considered whether purchasing Bitcoin is similar to purchasing a service that ...
Report: augmented reality startup Magic Leap close to raising $1b on a $4.5b valuation
Google, Inc. backed augmented reality startup Magic Leap, Inc. is set to raise a new round, at least according to one report Thursday. According to an exclusive from the South Florida Business Journal the company is set to raise $1 billion Series C on a $4.5 billion valuation, more than double the valuation of its ...
Alphabet reports Google Q3 financials saw solid growth of 13% to $18.7b in revenue
Alphabet, Inc., the company once know as Google, but is now the parent company of Google the search business versus say the self-driving car project (hopefully that’s clear) has reported third quarter results for Google (the division that is) and despite the corporate restructure they came in glowingly. For the quarter ending September 2015, Google ...
Amazon smashes analyst predictions flat with Q3 sales up 23% to $25.4b
Amazon.com, Inc wowed Wall Street Thursday with the company reporting third quarter financial results that didn’t just beat market expectations but blew them away. The company reported $25.4 billion on a profit of 17 cents per share for the period, versus the now possibly poorly regarded average analyst prediction of a loss of 13 cents ...









