Duncan Riley
Latest from Duncan Riley
Still relatively unknown in the West, Xiaomi Inc. is China’s hottest tech startup, and not just due to it also being the world’s most highly valued tech startup (the only one worth more than Uber Inc.,) but also because it really, really knows …
Domo raises $200m Series D, obtains unicorn status with $2b valuation
Business Intelligence startup Domo Inc. has raised $200 million Series D in a round led by BlackRock that also included Capital Group, Glynn Capital and GGV Capital. Founded by former Omniture CEO Josh James in 2010, the company has remarkably been in …
Allahu Akbar: FBI warns WordPress installs being targeted by Islamic State supporters
The Federal Bureau of Investigation (FBI) has posted an official warning to users of Automattic Inc.’s WordPress content management system (CMS) to make sure their installs are up-to-date following repeated cases of the Islamic State (also known as ISIL and ISIS) hacking …
Singtel acquires infosec firm Trustwave for $810 million
Singapore telecommunications giant Singtel Holdings Ltd. has acquired Chicago-based information security company Trustwave Holdings Inc. for $810 million. Under the terms of deal, Singtel will own a 98 percent share of Trustwave, with CEO and Chairman of Trustwave Robert J. McCullen retaining the remaining two percent. …
Report: Google planning to launch a service that connects users with home service providers
Google Inc. is reported to be planning the launch of a new service that will connect users with home service providers. Buzzfeed claims that “sources close to the company” say the new service will link local home-service providers, such as plumbers and electricians, to …
Enterprise data SaaS firm Informatica acquired for $5.3 billion
Enterprise data software as a service (SaaS) company Informatica Corp. has been acquired by private equity firm Permira Advisers LLC and the Canada Pension Plan Investment Board (CPPIB). The price of the acquisition was $5.3 billion, or $48.75 per share of common stock. Under …
Vivendi offers $273 million to buy YouTube competitor Dailymotion
Vivendi SA is reported to have offered $273 million to acquire French video site Dailymotion, the YouTube competitor that itself was acquired by Orange SA back in 2013. According to The Hollywood Reporter, Vivendi’s bid for the video site comes after the …
CoreOS raises $20m Series A, launches new service that mashes its tech stack with Kubernetes
Linux distribution provider CoreOS has raised $20 million Series A in a round led by Google Ventures for $12 million and a follow on from Kleiner Perkins Caufield & Byers, Fuel Capital, and Accel Partners. This comes after an initial $8 million …
Twitter now allows users to fully comment on a retweet…on some platforms at least
Twitter Inc. has finally given users a feature that they’ve long desired by adding the ability embed another tweet (a retweet) and comment on it in full. Previously, when wanting to comment on a retweet, users were limited to commenting in the …
Oops: Google-backed Bitcoin Exchange Buttercoin goes kaput
Even an Internet search giant apparently can’t make a good investment in Bitcoin with news today that Google Investments backed Buttercoin Inc. is closing its doors April 10th. The startup, which launched to much fanfare just four months ago, announced (offline at …