Duncan Riley

Duncan Riley is a senior writer at SiliconANGLE covering Startups, Bitcoin, and the Internet of Things. Duncan is a co-founder of VC funded media company B5Media and founder of news site The Inquisitr, and was a senior writer at TechCrunch in its earlier days. Tips? Press releases? Intersting startup? email: duncan@nichenet.com.au or contact Duncan on Twitter @duncanriley

Latest from Duncan Riley

Chipotle customers claim their accounts were hacked

History may be repeating for Chipotle Mexican Grill Inc. as customers claim their accounts have been hacked, with fraudulent orders charged to their credit cards. First reported Wednesday by TechCrunch, the details of what has happened is not clear but may have involved credential stuffing, a type of cyberattack in which previously stolen credentials are used to ...

Bad to worse: Investors sue Lyft following dismal post-IPO performance

Lyft Inc.’s year just went from bad to worse, with the ride-hailing company being sued by investors for misrepresenting its market position when it went public March 28. In possibly a harbinger of what to expect of Uber Technologies Inc.’s coming initial public offering, Lyft popped on day one but dropped below its float price on ...

Report: Blockchain funding this year has already surpassed all of 2017

Despite the precipitous drop in cryptocurrency prices in 2018, venture capital has continued to flow into the blockchain market — $850 million so far this year, nearly double the amount invested in all of 2017. The number comes from Pitchbook via Reuters, which noted that this year the investments are mostly, if not exclusively, in pure blockchain plays versus anything ...

Binance launches its own custom blockchain to take on Ethereum

Binance, the world’s largest cryptocurrency exchange, today launched its own blockchain in a play to take on the Ethereum blockchain. The Binance Chain, unlike other new blockchains, is starting with a massive bang, with the company announcing that it will be moving its existing Binance Coin or BNB onto the Binance Chain on April 23. First ...

New Microsoft Surface Hub 2S to start shipping in June for $8,999

A year after announcing that it was coming, Microsoft Corp. today finally released details of its next-generation Surface Hub mega tablet along with giving would-be buyers a release date and a price. Called the Surface Hub 2S, the new range of megatablets will be offered in 50.5-inch and 85-inch screen sizes, with a big upgrade ...

Report: Uber close to sealing deal to sell off part of its self-driving car unit

Uber Technologies Inc. is close to sealing a deal to sell off part of its self-driving car unit to a group of investors ahead of its initial public offering, the Wall Street Journal reported Wednesday. Reports that Uber was attempting to offload part of the division first emerged in March. Uber was said to be in talks with SoftBank’s ...

All clear for IPOs? Pinterest and Zoom both pop in initial trading

Updated: Zoom Video Communications Inc. and Pinterest Inc. both saw their shares pop this morning after each completed initial public offerings in a continuing stream of tech IPOs this year. The new offerings were seen as a major test of investor appetite for tech IPOs, and at least for now, they passed with flying confetti. ...

After just two days of use, Samsung’s Galaxy Fold is breaking for some reviewers

Samsung Electronics Co. Ltd. is potentially facing its biggest public relations disaster since exploding batteries in the Note 7, with multiple tech reviewers saying today that their Galaxy Fold devices are breaking after only two days of use. Samsung debuted the $1,980 Galaxy Fold, the first foldable phone on the market, to much fanfare in ...

Aiming at professional traders, eToro launches new cryptocurrency exchange

Social trading and investment marketplace eToro Tuesday launched a dedicated cryptocurrency exchange targeted at professional traders. Called eToroX, the new exchange launches with support for eight cryptocurrencies along with support for eight new stablecoins, tokens that are tied to a particular traditional currency. The cryptocurrencies supported are primarily popular ones and include Bitcoin, Ethereum, Stellar Lumens, EOS, Litecoin, Ripple ...

Online scammers exploit Notre Dame fire for quick profit

Online scammers are exploiting the tragic fire that severely damaged the Notre Dame cathedral in Paris Monday, according to a report today from ZeroFOX Inc. The scammers are targeting both interest in the fire and also nascent efforts to raise money for its rebuilding to trick online users in multiple ways. In the 24 hours since ...