Duncan Riley
Latest from Duncan Riley
‘Green’ bitcoin mining company Griid to go public in $3.3B SPAC deal
“Green” bitcoin mining firm Griid Infrasture LLC is set to go public via a special-purpose acquisition company merger. Under the merger deal, Griid will merge with Adit EdTech Acquisition Corp. to form a company with a market cap of about $3.3 billion. The $246 million raised by Adit EdTech, which is listed on the New York ...
Bret Taylor appointed co-CEO of Salesforce as shares drop on lower-than-expected forcecast
Bret Taylor has been promoted to co-chief executive officer of Salesforce Inc. on the same day that the company’s shares dropped in after-hours trading on a lower earnings forecast than expected. Appointing Taylor as co-CEO is a big move from Salesforce, given that founder Marc Benioff has led the company since 2001, though he has ...
Israeli DevOps security startup Cycode raises $56M for accelerated product development
Israeli DevOps security startup Cycode Ltd. announced today it has raised $56 million in new funding to fuel sales growth and accelerate the development of its product roadmap. Insight Partners led the Series B round, with YL Ventures also participating. Including the new funding, Cycode has raised $81 million to date, including a round of $20 ...
Security vulnerabilities found in more than 150 HP multifunction printers
Researchers at cybersecurity solutions firm F-Secure Corp. today revealed they have discovered a range of security vulnerabilities that affect more than 150 multifunction printers from HP Inc. The researchers, Timo Hirvonen and Alexander Bolshev, started with testing one printer from HP to see if it was vulnerable to hacking. It was, and using those initial findings, ...
Panasonic data breach remained undetected for five months
Japanese conglomerate Panasonic Corp. has been hit by a data breach that remained undetected for nearly five months. The company described the data breach in a Nov. 26 alert as unauthorized access to a file server that included some data on the server being accessed during the intrusion. The compromised server was detected on Nov. ...
IKEA targeted by attack that uses internal emails to distribute malware
Furniture giant Inter IKEA Systems B.V. has been targeted by an ongoing attack that uses internal emails to distribute malicious links and attachments. The company warned employees of the attack on Friday, noting that the cyberattack is also affecting other IKEA organizations, suppliers and business partners. Phishing attacks targeting employees at companies are not that ...
McAfee Enterprise and FireEye bring new cloud security capabilities to AWS
McAfee Enterprise and FireEye today announced the availability of new cloud security capabilities on Amazon Web Services Inc. and integration with Amazon Inspector, an automated security inspection service. The new capabilities bring FireEye Helix behavior analysis and machine-learning extended detection response capabilities combined with Amazon Inspector to AWS customers. The features are designed to provide ...
EU complaint claims Microsoft anticompetitive for bundling services with Windows
A coalition of European Union companies and groups led by Nextcloud GmbH has filed a complaint with the European Commission over Microsoft Corp. bundling services, including OneDrive, with Windows 10 and 11. The “Coalition for a Level Playing Field” claims that Microsoft is engaging in anticompetitive behavior in bundling services with Windows. “Microsoft is integrating ...
Israel limits cybersecurity exports following sanction on NSO Group
Israel has cut the number of countries to which local companies that can export cybersecurity tools in the wake of the U.S. Department of Commerce sanctioning spyware maker NSO Group Technologies Ltd. earlier this month. The number of countries has been slashed from 102 to 37, with the remaining eligible countries primarily being in Europe ...
CRM platform startup Attio raises $7.7M to bolster staff for early 2022 public launch
Customer relationship management platform startup Attio Ltd. said today it has raised $7.7 million in funding to beef up its engineering and product development ranks in preparation for a full public launch in early 2022. Point Nine Capital led the seed round. Also participating in the round were Balderton Capital, Headline, Passion Capital and a number of ...