Duncan Riley
Latest from Duncan Riley
Workplace by Facebook lands Walmart as its largest enterprise user
Social networking giant Facebook Inc. has landed a huge client for its Workplace by Facebook enterprise collaboration platform in the form of Wal-Mart Stores Inc., the largest private employer in the United States. Under the deal, Workplace will be rolled out to Wal-Mart’s 2.2 million employees in stages, with Sam’s Club employees already using the platform to ...
SEC launches new unit dedicated to fighting financial cybercrime
The U.S. Securities and Exchange Commission is getting serious on cybercrime with a dedicated unit that will focus on targeting “cyber-related misconduct” when it comes to finance laws. Operating as a division of the SEC’s Enforcement Division, the “Cyber Unit” is tasked with monitoring a raft of bad behavior: market manipulation schemes, hacking to obtain nonpublic ...
Showtime websites caught hijacking computing power for cryptocurrency mining
The Pirate Bay made headlines earlier this month for hijacking the computing power of visitors to mine for cryptocurrency, but the trend may be spreading. Reports Monday indicate that websites run by Showtime, the CBS Corp.-owned premium cable network, are doing the same thing. Like with The Pirate Bay, two Showtime websites, Showtime.com and its instant-access ...
Tech firms back Trump administration STEM and computer science program
Tech companies are supporting a new Trump administration initiative to encourage disadvantaged and minority groups to study STEM — science, technology, engineering and mathematics — along with computer science. Run by the U.S. Department of Education, the new program aims to “better equip America’s young people with the relevant knowledge and skills that will enable ...
Microsoft launches programming language for still-nonexistent quantum computers
Computer scientists at Microsoft Corp. have designed a computing language for quantum computers, despite the fact that quantum computers don’t actually exist yet. Microsoft describes the language as assisting it on its “path to building the first topological qubit, a robust type of quantum bit that … will serve as the basis for a scalable, general ...
Massive security vulnerability detected in new Mac operating system
Apple Inc. launched a new version of its macOS operating system Monday but in an interesting twist it has been revealed to have massive, gaping security hole. The epic fail was identified by Patrick Wardle, a former National Security Agency analyst and now head of research at security firm Synack Inc., who warned on Twitter ...
Bitcoin gains as Malaysia may legalize it and Amazon might offer it as a payment option
Malaysia may be the next country to legalize bitcoin and Amazon.com Inc. may be considering accepting bitcoin as a payment option, bringing positive news to a market still reeling from the decision by the Chinese central bank to ban all trading in the cryptocurrency Sept. 11. Tan Sri Muhammad, the governor of Malaysia’s central bank, known locally as ...
Food delivery a bright spot among Uber’s ongoing problems
Amid the seemingly never-ending stream of bad news from ride-hailing giant Uber Technologies Inc., there’s actually some good news for a change. A new report claims that UberEats, the companies food delivery service, is not only doing well but is actually producing noticeable profits. The numbers come via a report from The New York Times, ...
Singapore gaming and e-commerce startup Sea files for $1B initial public offering
Singapore-based gaming and e-commerce startup Sea Ltd., formerly known as Garena, Friday filed for an initial public offering of shares on the New York Stock Exchange. Goldman Sachs (Asia) L.L.C., Morgan Stanley & Co. International plc and Credit Suisse Securities (USA) L.L.C. are acting as joint book runners for the IPO. Although the number of shares ...
SAP snaps up Israeli customer identity startup Gigya for $350M
SAP SE announced plans Sunday to acquire Gigya Inc., an Israeli startup that offers a customer identity and access management platform. The price of the acquisition was not formally disclosed, but it’s not small: Reuters reported Israeli media as saying that deal was done for about $350 million. Founded in 2006, Gigya offers its platform on ...