Duncan Riley
Latest from Duncan Riley
Enterprise security firm Blue Coat Systems, Inc. has acquired data science-powered Software-as-a-Service (SaaS) app/cloud security firm Elastica, Inc. for $280 million. Founded in 2012, Elastica claims to be the leader in data science-powered cloud application security with services through its Elastica CloudSOC …
ProtonMail pays Bitcoin ransom to stop DDoS attack, then is attacked further
Distributed denial of service (DDoS) attacks with extortion demands for payments in Bitcoin cryptocurrency to stop them are becoming more and more popular in 2015, but what happens if you give in and pay the ransom? Switzerland-based email service provider ProntonMail (Proton …
Alibaba has acquired China’s version of YouTube Youku Tudou for $3.9b
Chinese eCommerce giant Alibaba Group Holding Ltd. has acquired Youku Tudou, Inc., China’s version of YouTube, for around $3.9 billion. Alibaba already owned shares in the company prior to acquisition, with The Wall Street Journal reporting that the deal priced the company …
MMM Ponzi scam may be main reason behind Bitcoin price fluctuations
The price of Bitcoin has been on a rollercoaster ride this week with the cryptocurrency hitting a 12 month high of $490 until settling back down to its current price (at the time of writing) of $360. We’ve discussed the possible reasons …
Old school fiat currency bankers say Bitcoin is doomed
Despite the ongoing embrace of Bitcoin by investors and even some banks in the past year, not everyone in the fiat money financial industry has gotten on board yet, and this week was no exception. Leading the pack was J.P. Morgan Chase …
Microsoft acquires the company behind popular smart mileage tracking app MileIQ
Microsoft has acquired Mobile Data Labs, Inc., the company behind the smart mileage tracking app MilesIQ for an undisclosed sum. Founded in 2012, MilesIQ offers a service that claims to take the hassle out of mileage tracking with a mobile app that …
Facebook’s new Music Share feature supports embedding of Apple Music and Spotify previews
Social networking giant Facebook, Inc. has continued its ongoing push to keep users on the site with a new service that delivers inline music support. Called “Music Stories,” the new feature allows users to embed a 30 second preview of a shared …
Checkmarx mobile security report finds iOS apps have more critical vulnerabilities than Android ones
Application security firm Checkmarx, Inc. have released a new mobile security report that throws a common misconception about mobile security on its head. The State of Mobile Application Security 2014-2015 report, published in conjunction with Appsec Labs, tested hundreds of mobile applications of …
Rapidly growing photo sharing and video streaming app maker 17 Media raises $10m Series A
Photo sharing and live video streaming app maker 17 Media, LLC has raised $10 million Series A in a round that included Infinity Venture Partners and Prometheus Capital. Co-founded by Taiwanese rapper-turned-entrepreneur Jeff Huang and app designer Popo Chen, the 17 App …
Thieves steal Bitcoin ATM in Atlanta robbery
Thieves in Atlanta, Georgia may have made history this week by being the first to steal a Bitcoin ATM in the United States. The two hooded bandits, one armed with a handgun, entered the Village Smoke Shop on Juniper Street late in …