Duncan Riley
Latest from Duncan Riley
NTSB: Uber had disabled emergency braking system in fatal crash vehicle
A U.S. National Transport Safety Bureau investigation into a fatal accident involving an Uber Technologies Inc. in March has preliminarily confirmed that not only was Uber’s software to blame but the company had also disabled the emergency braking feature in the vehicle. The crash in March involved an Uber test vehicle in autonomous mode hitting and killing ...
Amazon Echo secretly records and sends private conversation without permission
Confirming privacy advocates’ worst nightmares, an Amazon Echo not only recorded a private conversation without permission but then sent it to a random contact on the device. The strange story of technology gone wild takes us to Portland, Oregon, where a woman named Danielle, who declined to give her last name to local media, said her ...
Fintech startup GreenSky to raise up to $901M in Thursday Nasdaq IPO
Financial technology firm GreenSky Inc. is the latest startup about to go public, with plans to offer an unusually high 34 million shares Thursday on the Nasdaq Global Markets Thursday at an expected price of $21 to $23 a share. Founded in 2006, GreenSky offers consumer loans via a platform that ties into point-of-sale systems, ...
Qualcomm doubles down on AI with new products and development deals
Qualcomm Inc. late Wednesday announced new products and tie-ups across the board as part of its ongoing push into artificial intelligence. The announcements followed reports Wednesday that the company may also be preparing to launch a new chip to support mixed-reality headsets. Heading a flurry of AI-related announcements, Qualcomm subsidiary Qualcomm Technologies Inc. announced the Snapdragon 710 ...
Uber books record profit from Asia and Russia deals and revenue rises 55%
Uber Technologies Inc. has booked a record profit in its first quarter, primarily off its exit from the Russian and Southeast Asian markets, but under the hood the company’s cash burn rate has also taken a turn for the better. For the quarter ended March 31, Uber reported a $2.5 billion net profit thanks to onetime gains ...
Destructive VPNFilter malware rapidly spreading across routers worldwide
A recently discovered form of destructive malware that targets routers is rapidly spreading worldwide in an apparent attempt to create a massive botnet. First detailed by security researchers at Cisco Talos Wednesday, the VPNFilter malware is believed to have originally been created by Russian state-sponsored actors to target routers in Ukraine but has since spread ...
Report: A12 chips for next-gen iPhones have gone into production
Almost four months away from the announcement of Apple Inc.’s next range of iPhones, the news cycle has already begun with a report that Taiwan Semiconductor Manufacturing Co. Ltd. has started production on the chips that will be used in the new phones. The A12 chip, presuming Apple keeps its naming pattern, will use “a 7-nanometer design that can ...
Could Tesla be preparing to license its technology to other automakers?
Troubled electric car maker Tesla Inc. has made an interesting new hire that could hint at moves by the company to license its technology to other electric and self-driving car makers. Stuart Bowers, Snap Inc.’s vice president of monetization engineering, is joining Tesla as vice president of engineering to work on its Autopilot software and “other projects,” ...
Microsoft demos duplex Xiaoice chatbot as conversational AI space heats up
The battle for next-level conversational artificial intelligence continues to heat up, this time via Microsoft Corp. The software and cloud giant today demonstrated the latest version of its Xiaoice chatbot complete with conversational capabilities similar to that of Google Inc.’s recently demonstrated Duplex platform. Underlying the seriousness tech companies are placing on the nascent market, Microsoft Chief Executive ...
Trump administration close to deal on ZTE access to American tech
China and the Trump administration look closer to resolving a dispute that saw electronics company ZTE Corp. banned from access to U.S. technology, although any deal may yet be impeded by Congress. The dispute relates to a seven-year ban imposed by the U.S. Commerce Department in April after ZTE was accused of breaching a settlement in ...