Duncan Riley
Latest from Duncan Riley
Malaysian based online glasses retailer GlassesGroupGlobal raises $3m Series A
Online glasses retailer GlassesGroupGlobal has raised $3 million Series A in a round that included Caixa Capital, Nova Founders Capital, along with Skype co-founder Toivo Annus, Uwe Kolb, Siegfried Drueker and others. Based in Malaysia but selling to a diverse number of countries including Singapore, Hong Kong, Taiwan, Philipines, Thailand, Australia, New Zealand, Germany, United ...
Bitcoin standard update causes problems with miners, generation of invalid Bitcoins
An upgrade to Bitcoin standards over the weekend has caused a glitch among Bitcoin miners resulting in the creation of invalid Bitcoins. In a post at Bitcoin.org, the problem was explained as being due to a problem that affects Bitcoin mining clients that haven’t been updated, with the flow on effect being that those un-updated ...
New version of Minecraft to be released same day as Windows 10
Microsoft Corp. won’t be leaving Minecraft fans out in the cold come Windows 10 later this month with an announcement over the weekend that a new version of the wildly popular building game will be released at the same time as the new operating system. Minecraft: Windows 10 Edition Beta is said to be effectively ...
Purple prick: Prince withdraws music from streaming services offering a free tier
The artist known as Prince, but previously known as a symbol, before that Prince, but born Prince Roger Nelson, has withdrawn his music from the majority of streaming music sites, ostensibly in a “I’m a greedy rich musician” Taylor Swift style play. According to reports, Prince’s music has been withdrawn from services from Spotify AG, ...
Famed digital watch maker Casio to enter the smartwatch market
Famed digital watch maker Casio Computer Co. is set enter the smartwatch market, taking the good fight to the likes of Apple, Inc., and a range of Android-powered devices. According to The Wall Street Journal, Casio is betting that its expertise as a watchmaker will help it outmaneuver Apple Watch while keeping an eye on ...
Cybersecurity firm Venafi raises $39m Series C in round that included Intel
Cybersecurity firm Venafi, Inc. has raised $39 million Series C in a round led by QuestMark Partners that include new investors Intel Capital and Silver Lake Waterman, along with a number of unspecified existing investors. Founded in 2000, Venafi describes itself as the “Immune System for the Internet,” as it develops software to secure and ...
Vivendi acquires YouTube competitor Dailymotion for $242m
French multinational mass media company Vivendi SA has acquired French video site Dailymotion for $242 million. The price was less than the $273 million mentioned when details of an offer of acquisition first surfaced in April, but the lower figure is due to the transaction occurring in Euro’s, the exchange value of which as dropped ...
Apple loses appeal in e-book price fixing case, $450m fine stands
Apple’s attempt to overturn an anti-trust finding that it colluded to fix the price of e-books failed Tuesday with the Federal Appeals Court upholding the original 2013 decision. The appeals court, in what was reported to be a 2-1 decision, found “that the district court correctly decided that Apple orchestrated a conspiracy among the publishers ...
Cisco snaps up SaaS cloud-based security firm OpenDNS for a cool $635m
Cisco Systems, Inc. has acquired software-as-a-service (SaaS) cloud-based security firm OpenDNS, Inc. for $635 million in a cash and assumed equity deal. Found in 2005, OpenDNS offers cloud security by extending the Domain Name System (DNS) by adding features that protect customers from malware, botnets, phishing, and targeted online attacks. The company’s SaaS cloud platform ...
Satellite powered data company Spire raises $40m Series B
Satellite powered data company Spire Global, Inc. has raised $40 million Series B in a round led by Promus Ventures that included existing investors RRE Ventures and Lemnos Labs, along with new investors Bessemer Venture Partners and Jump Capital. Founded in 2012, Spire is a satellite powered data company that tackles business challenges with data ...









