Duncan Riley
Latest from Duncan Riley
News Corp acquires Indian information services group VCCircle
News Corporation has acquired Indian information services group Mosaic Media Ventures Pvt. Ltd., the owner of the VCCircle Network. The VCCircle Network consists of a range of sites, all (as their name may suggest) providing information and services primarily to venture capital investors. Its core site VCCircle.com offers private equity, venture capital, and M&A related information ...
Poor form: Latest version of uTorrent sneakily installs miner for Bitcoin alternative Litecoin
BitTorrent Inc.’s popular torrent software uTorrent is under fire from users after it was discovered that the latest version secretly installs a cryptocurrency miner as part of the package. The secret miner, named Epic Scale, mines for an altcoin named Litecoin, a competitor to Bitcoin and generally regarded as the second most popular cryptocurrency after Bitcoin ...
Police arrest five people over HK Bitcoin marketplace MyCoin scam
Five people connected to disgraced Hong Kong-based Bitcoin marketplace MyCoin are reported to have been arrested Thursday. The South China Morning Post claims that the five arrested may not have been running the scam, but were promoters of it, saying that three women arrested are accused of collecting money from some of the victims to help ...
Strange bedfellows: Google deal with Microsoft sees AngularJS 2 adopting TypeScript
In one of the more interesting meetings of minds in recent times, Google Inc., and Microsoft Corp. have announced that they are working together to merge two of their javascript technologies into the one platform. The announcement sees Microsoft’s TypeScript becoming the scripting language in Angular 2, Google’s javaScript web app framework. AngularJS may not be ...
Search solutions startup Swiftype raises $13 million Series B
Search solutions startup Swiftype Inc. has raised $13 million Series B in a round from New Enterprise Associates. Based in San Francisco, Swiftype offers a hosted search solution that allows site owners to deliver customizable search for their website or mobile app with just a few lines of code. The company claims to power search on ...
Bitcoin conspiracies, millions stolen and threats of legal action: The EgoPay scam over one month on
It has been over one month since SiliconANGLE reported exclusively on the intricate web behind one of the biggest Bitcoin scams since Mt. Gox, the tale of Tadas Kasputis and his related Bitcoin companies, EgoPay, Virtex.com and PaymentBase. Since first exposing the elaborate scam, this site has naturally received a pile of emails; the majority of which were from ...
SaaS Capital raises $58 million to fund software as a service companies
SaaS Capital has announced that it has closed its second fund with $58 million in limited partner commitments. SaaS Capital’s first fund, which closed in May 2012, raised $22.5 million in limited partner commitments and provided funding to 14 software as a service (SaaS) companies. “The $58 million, when paired with our bank line, will give ...
The end of an era: EA shuts down Maxis Emeryville, the studio behind The Sims and Simcity
Eletronic Arts Inc. (EA) has closed Maxis Emeryville, the studio behind games including The Sims and Simcity. The news first came via Twitter when game designer Guillaume Pierre tweeted “Well it was a fun 12 years, but it’s time to turn off the lights and put the key under the door. #RIPMaxisEmeryville.” EA later confirmed the news, ...
IBM acquires deep learning startup AlchemyAPI to boost human-like computing services
International Business Machines Corporation (IBM) has acquired deep learning startup AlchemyAPI Inc. According to Reuters, the purchase is designed to boost IBM’s push into more human-like computing services, based around its Watson technology. Founded in 2005, AlchemyAPI is a deep learning-based artificial intelligence company that provides advanced cloud-based and on-premise text analysis infrastructure that eliminates the ...
Etsy files for IPO, looks to raise $100 million
Etsy Inc. is going public with the online goods marketplace filing its initial public offering (IPO) documentation with the Securities and Exchange Commission (SEC.) According to the filing, Etsy is seeking to raise $100 million from its IPO, and the offering is being underwritten by Goldman Sachs, Morgan Stanley, and Allen & Company LLC. The ...