Duncan Riley
Latest from Duncan Riley
Male focused publisher Thrillist raises $54m from Axel Springer + others, spins off Jackthreads
Male-focused publishing company Thrillist Media Network has raised $54 million in a split round that see’s the company spin off its Jackthreads, Inc. e-commerce store into a separate entity. It’s unknown how the round was split, however, leading the round for Jackthreads was Oakshot Investment Partners with SBNY (previously Softbank Capital) participating; the part of ...
Apple fail: OS X Gatekeeper exploit allows easy installation of malicious software
Apple’s reputation of providing platforms that are impervious, or close thereto, to malicious attacks has taken another slight battering with an exploit found in its OS X operating system that allows for the installation of malicious code. The newly discovered exploit takes advantage of a flaw in OS X’s “Gatekeeper” feature, which verifies that software being ...
Digital economy educational startup General Assembly raises $70m Series D
Digital economy educational startup General Assembly, Inc. has raised $70 million Series D in a round led by Advance Publications and Wellington Capital Management LLP, that included previous investors IVP, Learn Capital, Maveron, Rethink Education, WTI and others. Founded in 2011, General Assembly describes itself a global educational institution that is building a community of ...
Google snaps up cloud comms firm Jibe Mobile for improved rich messaging on Android
Google has acquired cloud communications company Jibe Mobile, Inc. for an undisclosed sum. Founded in 2006, Jibe bills itself as the Cloud Communications Company for mobile operators, handset manufacturers, and other communication networks, and provides an open end-to-end technology platform enabling carriers to rapidly launch and commercially scale innovative IP communication to mobile consumers globally. ...
Oops: first-listed Bitcoin mining firm just quit mining, getting into fintech remittance instead
The world’s first-listed Bitcoin mining company DigitalBTC (Digital CC Ltd.) has announced that it’s getting out of the game and instead entering the fintech remittance space. DigitalBTC listed on the Australian Stock Exchange in March 2014 through a backdoor listing by taking over an existing small mining concern, and promised great things from its proposed ...
Uber to become legal and regulated in Canberra, Australia’s capital city
Ridesharing services including those provided by Uber, Inc. are to be made fully legal in Canberra, Australia’s capital city. Under new regulations announced by the Australian Capital Territory (ACT) Chief Minister Andrew Barr Wednesday local time, ridesharing services will be able to register to operate in the city as of October 30. Under the scheme, ...
Brevity may be the soul of wit but Twitter is thinking about dropping its 140 character limit
Desperate for growth opportunities as its stock price wallows at near record lows, Twitter, Inc. may be about to radically shake up the service, at least according to one report Tuesday. Re/Code claims that the microblogging come messaging service is considering shaking up perhaps the one feature that has defined it from the day it ...
Google gets jiggy with it with 2 new Nexus phones, 2 new Chromecasts, and a 10.2″ Pixel C tablet
Google didn’t disappoint at its big Nexus reveal event Wednesday with the tech giant unveiling a raft of new products including new Nexus phones, a new Chromecast dongle, a new device called Chromecast Audio, and the surprise of the event, given rumors of its existence only broke yesterday: an Android powered Pixel C tablet. First off ...
88% of Business Insider acquired by Germany’s Axel Springer on $442m valuation
German digital publishing house Axel Springer SA has acquired an 88 percent stake in New York-based American publisher Business Insider, Inc. on a $442 million valuation. A previous investor in Business Insider as of their last round of $25 million back in January, Axel Springer said in a statement that the near full acquisition was ...
Despite having market-winning tech, Samsung Pay launches in U.S. with limited support
Samsung Electronics Co. Ltd.’s new mobile payments service Samsung Pay launched in the United States Monday and although offering by far the best solution in the market, it does launch with some limitations that could make it hard to grow a serious presence. The new service, which launched first in South Korea last month, comes ...









