Duncan Riley
Latest from Duncan Riley
Prospects for the forthcoming Apple Watch aren’t looking great with a poll finding only 5% of phone users will buy one, while a notable venture capitalist has predicted it will be a flop. Quartz conducted the poll of 811 people, and found that only …
Japanese police: Mt. Gox downfall was an inside job, not caused by hacking
Claims that the downfall of Bitcoin exchange Mt. Gox Inc. in 2014 was the result of hacking have been disproved by Japanese police who have found nearly all of the missing Bitcoins were stolen through internal systems. Japan’s Yomiuri Shimbun newspaper quoted sources in the …
Report claims Yahoo considered acquisition of Scripps Network
Yahoo Inc. may have engaged in talks to acquire Scripps Networks Interactive Inc. last year, according to an unconfirmed report today. Business Insider claims that Yahoo considered an acquisition of Scripps during a period of time they believed they would have cash to …
Brewie: the Internet of things comes to beer brewing
Craft beer brewing is big business in 2015, and the success of these beers in the commercial space has seen a rising interest in home brewing. If you’ve ever tried brewing beer before you know how fussy it can be; you need …
Winklevoss Bitcoin Trust ETF files to list 1 million shares on NASDAQ
The Winklevoss Bitcoin Trust exchange traded fund (ETF) is going public following a final filing Wednesday to have the trust listed on the NASDAQ. The offering will see one million shares listed under the stock symbol COIN with an IPO price of $20.09 per share, not …
Palm brand could be resurrected with Chinese made mobile devices
The once mighty smartphone and PDA brand Palm could be returning in the new year in the form of Chinese made mobile devices. The speculation comes from news that the Palm.com page, which had previously redirected to hpwebos.com, now redirects to mynewpalm.com. The page includes …
Snapchat celebrates the New Year with $485.6 million Series D round
Snapchat Inc. has some extra reasons to celebrate the new year with news that they have raised $485.6 million in a Series D round supported by 23 undisclosed investors. The new round brings total funding for the startup to a total of $611 …
LG brings LINE to internet enabled fridges, ovens, washing machines and more
LG Corp. is bringing LINE Corp.’s popular messaging platform to your smart fridge, oven and even air conditioner in 2015 with an update to its HomeChat virtual assistant service. The functionality will allow users to communicate, control, monitor and share content through text and …
Piracy geostats show Sony is even more stupid than you think
Hail Mary some may say with news that The Interview has grossed over $15 million via VOD, but what others will miss is that the figure should actually have been far higher. Here’s the word of the day to describe why Sony is even …
Grocery delivery startup Instacart raises $210 million Series C on possible $2 billion valuation
Grocery delivery startup Instacart Inc. has raised $210 million Series C in a round led by Kleiner Perkins. The round, first reported by Re/code but confirmed via regulatory filings by the Wall Street Journal follows rumors of a $100 million round we reported on December …