Duncan Riley
Latest from Duncan Riley
The Winklevoss twins want to conquer the Bitcoin world, and in this case, they’ve set their sites across the Atlantic. Cameron and Tyler Winklevoss, probably best known for having the idea for Facebook taken from them by Mark Zuckerberg, have expanded their …
Supreme Court backs tech companies over patent trolls
The United States Supreme Court ruled Monday that a law introduced in 2011 to make it easier to defeat trolls was legal. Under the Patent Office Regulations companies targeted by patent trolls could contest claims in front of the Patent Office instead …
Report: next iPhone will be slightly updated 6s, major refresh not coming until 2017
Apple fanboys hoping for a refreshed iPhone model will have to wait until 2017 with a report Tuesday that the model being released this year will be largely unchanged compared to the previous two models. The Wall Street Journal claims the next …
Greedy artists including Taylor Swift demand DMCA reform as part of attack on YouTube
A larger group of popular musicians have backed a new campaign calling for the reform of the Digital Millennium Copyright Act (DMCA) on the basis that it allows the Google-owned YouTube to host their music on unfair terms. The 180 artists, including …
Spotify passes 100m users but paying subscriber numbers are not increasing
Streaming music service provider Spotify AB has announced that it now has 100 million active users despite increasing competition from the likes Apple Music. The company told The Telegraph that its user numbers were increasing at the rate of 1.3 million users …
Twilio to offer 10m shares in IPO at $12-$14 per share
Cloud communications company Twilio, Inc. announced the terms of its forthcoming initial public offering (IPO) Monday. The company said in a filing that it plans to offer 10 million shares priced between $12 and $14; according to Marketwatch at the top of that …
Bank of Canada and R3 experimenting with Blockchain based payment transfers
Bank backed Blockchain fintech development consortium R3 (R3CEV LLC) is working with the Bank of Canada and the Canadian Payments Association on a Blockchain powered payment transfer system, it was revealed Thursday. The Bank of Canada, Canada’s central bank, said that at …
Even more money: Airbnb raises $1b in debt financing from big banks
Online accommodation marketplace Airbnb, Inc. has raised even more money, this time in the form of $1 billion in debt financing. JPMorgan, Citigroup Inc, Morgan Stanley and Bank of America Corp are said to have led the deal. The debt raising follows …
Lucasfilm and Magic Leap sign deal that will bring Star Wars characters to augmented reality
Google-backed augmented reality startup Magic Leap, Inc. has signed a deal with the Walt Disney Company owned Lucasfilm Ltd. to bring Star Wars characters to Magic Leap’s yet to be launched augmented reality headset. The announcement, made at the Wired Business Conference …
Twitter, Facebook & Google sued for providing material support to ISIS
Twitter, Inc., Google, Inc., and Facebook, Inc. are being sued by the father of a victim of the Paris Islamic terrorist attacks in November 2015 on the basis that the companies “provided material support” to the terrorist group The Islamic State of …