Duncan Riley
Latest from Duncan Riley
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 …
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 …
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 …
Adult FriendFinder hacked with millions of private records appearing on the Dark Web
FriendFinder Networks Inc.’s popular adult dating and hookup website Adult Friendfinder has been hacked, with the details of millions of users appearing on the Dark Web. U.K. television station Channel 4 made the discovery, claiming that the stolen data reveals sexual preferences …
Elliptic and Gem team up for enhanced Bitcoin wallet security
Bitcoin storage provider Elliptic Enterprises Ltd. has announced a new partnership with Bitcoin security platform provider Gem that will see Elliptic offer enhanced security for Gem clients. Under the deal, Elliptic will act as an independent third party to provide insured storage of the third …
Lycos is looking to sell its search patents, and yes, Lycos still exists
Surprising many that it still exists, internet search pioneer Lycos Inc. announced Wednesday that it intends to sell the majority of its patent portfolio as it is refocusing to sell “a suite of hard good products.” According to reports, Lycos is looking …
Spotify adds video and podcasts to its content mix
Streaming music giant Spotify AB is no longer a streaming music company alone, with an announcement in New York Wednesday seeing the addition of video and podcasts to the service. According to the company, the new Spotify will feature a range of entertainment, …
Ellen Pao confirms intent to make Reddit a safe space, doesn’t believe in free speech
Reddit’s interim Chief Executive Officer Ellen Pao has confirmed redditors’ worst fears following a policy change last week, saying in an interview that she intends to turn Reddit into a safe space. Pao, previously a failed litigant in a sexual discrimination case, …
NYSE launches NYXBT, a new index tracking the price of Bitcoin
The New York Stock Exchange (NYSE) has launched a Bitcoin index that provides the price of Bitcoin as part of its Global Index Feed. Called NYXBT, the index will provide the price of one Bitcoin to the United States dollar as it is …
Smart buy: Automattic picks up WordPress e-comm plugin maker WooCommerce for $30m+
Automattic Inc., the company behind WordPress, has acquired WooCommerce, a WordPress related startup that sells WordPress e-commerce tools and themes. The price of the acquisition was not disclosed but was reported by Re/Code as being “more than $30 million” in a combination of cash …