Duncan Riley
Latest from Duncan Riley
Vox Media acquires tech blog Re/Code in an all-share deal
Vox Media, Inc., has acquired Revere Digital, Inc., the parent company behind tech blog Re/Code founded by The Wall Street Journal veterans Walt Mossberg and Kara Swisher. The price of the acquisition was not disclosed but is reported to be an all-share deal, suggesting a figure on the lower side, possibly valuing the business at somewhere around ...
GigaOm acquired by company led by ex-Demand Media CIO Byron Reece
Pioneering tech website GigaOm may be set to rise from the dead come August with news today that the site had been acquired by Austin based startup Knowingly Corp, run by former Demand Media CIO Byron Reece. Knowingly said in a statement, appropriately published on GigaOm.com, that it had acquired a portion of the assets of GigaOm, including ...
About bloody time: Twitter reported to be releasing Periscope for Android today
Twitter, Inc. has finally announced that its popular live streaming app Periscope will be available on Android devices today. It’s not clear from reports exactly when today, or whether it will be released globally or just within the United States; at the time of writing the app was not available in the Google Play store ...
Cloud games platform provider Weeby.co acquires Vietnamese social app Tappy
Cloud-based social games platform provider Weeby.co, Inc. has acquired Vietnamese social location-based app provider Tappy Pte. Ltd. for an undisclosed sum. Founded in August 2014, Tappy offers a hyperlocal social app that is said to transform any location into a virtual online community where users can discover interesting people and relevant content. The company says it ...
Online gold savings and payment provider BitGold acquires GoldMoney for $42m
Online gold savings and payments provider BitGold, Inc. has acquired precious metals custody services group GoldMoney Network Ltd. for CAD$59.1 million ($42 million). Under the deal, BitGold will acquire the intellectual property and operating assets of GoldMoney in exchange for the issuance of 11,169,794 common shares in BitGold. Three GoldMoney directors will join the to ...
Cloud security platform provider Alarm.com files for $75m IPO
Cloud-based security platform provider Alarm.com, Inc. has filed for an initial public offering (IPO.) According to reports, the company is looking to raise $75 million which it plans to use on working capital and other general corporate purposes. Goldman Sachs & Co., Credit Suisse and BofA Merrill Lynch are joint book-running managers for the offer. Founded in ...
Unredacted Adult FriendFinder hacked data offered for 70 Bitcoin, may include CC records
Users of Friendfinder Network, Inc.’s Adult FriendFinder may have more to fear than their sexual preferences being leaked, with a hacker offering for sale an “unredacted” version of the stolen data from the service that may include credit card information. The hacker, who goes by the username of ROR[RG] wrote on a Darknet Forum on Saturday that ...
Report: Twitter attempting to buy Flipboard for $1 billion
Mega microblogging and messaging service Twitter, Inc. apparently wants to spread its wings into the “personalized magazine” mobile app space with a report Monday claiming the company has been attempting to acquire Flipboard, Inc. The report from Kara Swisher at Re/Code claims multiple sources have confirmed that talks between the two companies have been taking place since the ...
Blowing bubbles: Shopify shares close up 51% on NYSE debut with a $1.9b market cap
Shares in Shopify Inc. surged on debut at the New York Stock Exchange Thursday, with the online storefront provider finding favor among investors. Shares in the company surged to as much as $28.74, up 65 percent on its float price of $17 a share, before closing the day at $25.68, up 51.06 percent. Shopify was ...
Brit + Co raises $23.1m Series B to further target female millennial DIY lovers
Brit Media Inc., the company behind the media and e-commerce site Brit + Co has raised $23.1 million Series B. Who participated in the round was clear, but a Securities Exchange Commission (SEC) filing shows that Lisa Lambert of Intel Capital has joined the company’s board, suggesting they took part. Founded in 2011 by Brit Moran, who ...









