Duncan Riley
Latest from Duncan Riley
Inventory management software as a service (SaaS) developer Unleashed Software Pty. Ltd. has raised AU$4.5 million ($3.5 million) Series B in a round that included MYOB founder Craig Wrinkler. Founded in 2009, the Trans-Tasman (Australia/ New Zealand) based company offers a SaaS …
Chinese taxi hailing firm Didi Kuaidi looking to raise $1.5b+ on $15b valuation
Chinese taxi hailing app Didi Kuaidi (Xiaoju Kuaizhi Inc.,) the combined company from previous competitors KuaiDi Dache and Didi Dache, is said to be seeking to raise atleast $1.5 billion. According to Bloomberg Business, the first round for the newly combined company …
Spotify soft-launches new music recommendations service “Taste Rewind”
Spotify AG has soft-launched a new product called Spotify Taste Rewind, that suggests songs from the past you might like based on musicians you currently like. Announced by Spotify Engineer Juan Manuel Serruya on Facebook, the new service is pitched with the …
Alibaba to launch Netflix-style online video streaming service in China
Alibaba Group Holding Ltd. announced Sunday that it was planning to launch a Netflix-style online video streaming service in China. According to reports, the new service will be called Tmall Box Office (TBO,) and like Netflix will feature a mix of original …
Olala: French company launches the world’s first smart bikini to stop you getting sunburned
Because you can never have enough internet connected devices, a French company has launched the worlds first Connected Bikini (in French: bikini connecté.) The idea for the bikini came from the designer seeing sunburned people at a beach, with Marie Spinali, Head …
FTC takes legal action against Kickstarter that didn’t deliver or issue refunds
In the first case of its kind involving crowdfunding, the Federal Trade Commission (FTC) announced Thursday that it had taken legal action against a Kickstarter project founder who raised money for the project, then both failed to deliver the product and refused …
Report: Blackberry preparing to launch an Android powered smartphone
The days of Blackberry Ltd. flogging phones running its own operating system may be nearing an end with a report Thursday suggesting that the company is preparing to sell a phone running Android. The report from Reuters quotes “four sources familiar with …
New Xcode release allows sideloading of pirated apps and emulators on iOS
Putting pirated applications and emulators on an iOS device has now become easier with news that Apple now allows non-paid up developers to sideload applications on their devices via the new version of XCode. The latest version of Apple’s integrated development environment …
To the moon! Pornhub seeking $3.4m on Indiegogo to film world’s first space porno
Adult video streaming site Pornhub wants to take one small step for man, and one giant leap for pornography with a new crowdfunding campaign to raise money to shoot the world’s first pornography film in space. The “Pornhub Space Program” project, known …
Crowdsourced language learning site Duolingo raises $45m Series D on $470m valuation
Free crowdsourced language learning site Duolingo, Inc. has raised $45 million Series D in a round led by Google Capital that included previous investors Union Square Ventures, New Enterprise Associates, Tim Ferris, Ashton Kutcher, and Kleiner Perkins Caufield & Byers. According to …