Duncan Riley
Latest from Duncan Riley
Financial tech-focused blockchain startup Spring Labs raises $14.75M seed round
Financial tech-focused blockchain startup Spring Labs Inc. today said it has raised $14.75 million in seed funding. The round was led by August Capital and included Victory Park Capital, GreatPoint Ventures, Jump Capital, Multicoin Capital, Pritzker Group and Wavemaker VC. Founded last year, Spring Labs is building what it calls a more transparent, efficient and secure ecosystem to ...
AI-based corporate research software firm Remesh raises $10M
Remesh Inc., a New York City software company that uses artificial intelligence to improve corporate research, has raised $10 million in new funding. The Series A round was led by General Catalyst and included LionBird Ventures, North Coast Angel Fund and Techstars Ventures. Founded in 2013, Remesh offers a platform that it claims is “the next frontier ...
Y Combinator grad Opentrons raises $10M for its biotech-focused robots
Science robotics startup Opentrons Inc. today said it has raised $10 million in a seed round from Khosla Ventures, Lerer Hippeau and Y Combinator, and took the opportunity to announce its platform as well. Founded in 2013 and a Y Combinator graduate, Opentrons offers a next-generation robotics platform that offers a personal liquid-handling robot for biotech companies. The company’s robotic ...
Microsoft products pass Adobe in vulnerabilities exploited by cybercriminals
Microsoft Corp. products have become the most popular attack vector for cybercriminals as the use of Adobe Systems Inc. products, specifically the Flash multimedia player, have declined in use, a new report from Recorded Future Inc. has found. The “Soft Target: The Top 10 Vulnerabilities Used by Cybercriminals” report found that Microsoft products accounted for seven ...
Bad bots are eating the internet, now accounting for 21.8% of all website traffic
Bad bots are eating the internet, accounting for 21.8 percent of all website traffic in 2017, according to a report released today by Distil Networks Inc. The “Bad Bot Report 2018: The Year Bad Bots Went Mainstream” analyzed hundreds of billions of bad bot requests for insight and guidance on what they’re doing and what companies can do ...
New BIMI email standard offers safe company logos and phishing protection
When most people think of email, it’s rarely about something that is new or innovative. A new proposed email standard supported by some of the biggest names online could change that, at least for marketing and security purposes. The Brand Indicators for Message Identification or BIMI standard, designed by Agari Data Inc., ValiMail Inc. and others as ...
iOS QR code vulnerability allows users to be directed to malicious websites
A newly discovered vulnerability in the QR code scanning feature in the iPhone Camera app in Apple Inc.’s iOS 11 software could result in users being taken to malicious websites. The vulnerability, found by Infosec, relates to a parsing error that allows an attacker to show iPhone users a different web address to the site to which the ...
Twitter bans most advertising related to cryptocurrencies
Twitter Inc. has joined Facebook Inc. and Google LLC in banning advertising relating to cryptocurrencies, though with some exceptions. Today’s move by Twitter, first reported March 18, will see initial coin offerings and token sales completely banned while cryptocurrency exchanges and wallet advertising will be restricted to public companies listed on certain major stock markets. In Japan, ...
Your taxpayer dollars at work: Students use financial aid to buy cryptocurrencies
Just over 20 percent of all U.S. students are using federal student aid funds to buy cryptocurrency, a new survey has found. The number comes from a poll undertaken by Pollfish on behalf of the Student Loan Report, a website for student loan information. Of 1,000 students surveyed, about 21 percent said that they had used ...
Uber sells Southeast Asia business to Grab in return for a 27.5% stake
The long-rumored takeover of Uber Technologies Inc.’s Southeast Asian business by Grab Taxi Pte. Ltd. is official as the two companies announced the deal Monday morning Singapore time. Under the deal, Grab will acquire all of Uber’s operations in the region, including food delivery service Uber Eats. In return, Uber will obtain a 27.5 percent stake in Grab and ...