Duncan Riley
Latest from Duncan Riley
80M records exposed in text marketing company ApexSMS data breach
ApexSMS Inc., a SMS text marketing company that also trades under the name of Mobile Drip, has suffered a data breach with the records of about 80 million people found exposed on an unsecured database. First reported Thursday by researcher Bob Diachenko at Security Discovery, the breach of a database owned by the company was first ...
Uber-dud: After landmark IPO, Uber shares fall below opening price
Updated: Uber Technologies Inc.’s day of reckoning finally arrived, and the reckoning doesn’t look so great. The ride-hailing unicorn late Thursday set a price of $45 per share for its initial public offering on the New York Stock Exchange Friday, raising a sweet $8.1 billion for the money-losing company. But Uber’s shares opened trading Friday morning ...
Bitcoin breaks through $6,000, its highest level since November
The price of bitcoin surged through $6,000 in trading Wednesday, its highest price since November. Why it did so isn’t clear, especially coming after news that Binance, the largest cryptocurrency exchange by volume, reported it had been hacked. Bitcoinist noted that the upward trend started around the same time China instructed banks to limit foreign currency withdrawals. Despite China banning bitcoin exchanges and more ...
Electric scooter-hire startup Bird is now selling its scooters to the public
Sequoia Capital-backed unicorn electric scooter hire startup Bird Rides Inc. is taking a new path by offering its new scooters for sale to the public. Bird’s so-called next-generation electric scooter, dubbed “Bird One,” is claimed to be more durable, powerful and longer-lasting than previous versions. While primarily designed to be part of the company’s sharing business, the ...
New York court rules against smart-lock-only building policy
Silicon Valley may obsess over smart home devices, but a court in New York has pushed back against the always-connected age by ruling that landlords should provide a physical key to a door, not just a smart lock. The ruling, via a court-approved settlement, came about when tenants in a Manhattan apartment building sued their landlords ...
7,000 bitcoins stolen in hack of cryptocurrency exchange Binance
Unknown hackers have stolen 7,000 bitcoins ($40.4 million) from Binance, the world’s largest cryptocurrency exchange. The data breach and theft were detected Tuesday at 12:15 p.m. EDT. The attackers also stole user application processing interface keys, two-factor authentication codes and potentially other information. According to a security breach update from Binance, the hackers used a ...
Report: Amazon in talks to acquire self-driving truck startup TuSimple
Amazon.com Inc. is in talks to acquire Chinese self-driving truck startup TuSimple, according to a Chinese media report Tuesday. TMPost (Titanium Media), quoting people close to Amazon executives, said the two companies are in negotiations on an acquisition deal. TuSimple, founded in 2015 with operations in Beijing, San Diego and Tucson, Arizona, is developing artificial ...
Samsung delays Galaxy Fold, while Google reveals it’s looking into folding phones
Samsung Electronics Co. Ltd. announced today that it’s canceling pre-orders of its Galaxy Fold folding phone unless those with orders opt in to keep it. Meantime, Google LLC said for the first time that it’s working on similar devices, though not for release anytime soon. The drama with the Galaxy Fold, the world’s first foldable ...
Darknet news and indexing site Deep Dot Web seized by FBI
The U.S. Federal Bureau of Investigation has seized the darknet news and indexing site Deep Dot Web for alleged money-laundering. First appearing both on the open internet and dark web in 2013, Deep Dot Web primarily operated as a service for darknet-related news, including market and cryptocurrency news. The site also offered an index of ...
After posting big loss, Lyft announces access to Waymo vehicles coming soon
Lyft Inc. reported a higher loss in its first post-initial public offering financial report while at the same time announcing that it will soon became the first external company to offer access to Waymo LLC self-driving vehicles. For the first quarter of this year, Lyft reported a net loss of $1.138 billion, way up from a ...