Duncan Riley
Latest from Duncan Riley
Ad-tech firm AppNexus files for IPO on a $1.5B-$2B valuation
Advertising technology startup AppNexus Inc. has confidentially filed paperwork for an initial public offering according to reports Wednesday. The Wall Street Journal claims that the company is seeking the go public on a valuation between $1.5 billion and $2 billion though notes that pricing talk “is still fluid.” Goldman Sachs Group Inc. and J.P. Morgan ...
Amazon and Techstars team up to launch the Alexa Accelerator program
Amazon.com Inc. and tech startup accelerator TechStars have joined forces to launch the Alexa Accelerator, a new accelerator to support early-stage startups building services for Amazon’s artificial intelligence platform. Run in partnership with Amazon’s Alexa fund, the Alexa Accelerator will focus on startups building voice-powered tech, interfaces and applications in Alexa domains including connected home, ...
Amazon launches Lightsail virtual private server
Automattic Inc.’s WordPress content management system currently holds a 59 percent market share in content management systems, powering 27 percent of all sites on the Internet, thanks to its ease of use. By contrast, anyone wanting to host WordPress on Amazon Web Services required some technical knowledge to install an instance on EC2. That is, until ...
Storage provider Nexsan to be spun off from parent Imation
Unified storage provider Nexsan Inc. is to become a private company once more through a deal with Spear Point Capital Management that will see it spun out from parent company Imation Corp. Under the deal announced Tuesday, Imation Chief Executive Officer Bob Fernander and Chief Technology Officer Geoff Barrall will continue to run the Nexsan business ...
Dataguise launches DgSecure data governance support for AWS
Big Data solutions firm Dataguise Inc. has announced that their DgSecure solution for global sensitive data governance now supports data discovery on Amazon Redshift and Amazon RDS, as well as Amazon Simple Storage Service. Support for Amazon products was announced at the AWS re:Invent conference in Las Vegas. The company explained that the newly launched ...
Nutanix beats forecasts in first post-IPO quarter, but shares fall on outlook
Enterprise virtualization and storage firm Nutanix Inc. beat market forecasts with its first set of financials following its Sept. 30 initial public offering. For its first quarter of fiscal year 2017, Nutanix booked revenue of $166.8 million with a loss of 37 cents per share, versus analysts predictions of $152.3 million and a net loss ...
Report: Open source opens security products to hacking
A new report from software vulnerability management and open source security solutions company Flexera Software LLC has found that a significant number security products are included on a list of products with the most software vulnerabilities. The report, Flexera’s “Vulnerability Update1” covers the Top 20 products with the most vulnerabilities in August, September and October ...
Intel rearranges IoT division to create self-driving vehicle group
Intel Corp. has launched a major reorganization of its management structure to create for the first time a group within the company that is focused only on self-driving vehicles. The new group, known as the Automated Driving Group or simply ADG, will be solely dedicated to “innovating the future of driving and designing the next ...
Indian bitcoin startup Unocoin launches mobile wallet for iOS and Android
Indian bitcoin startup Unocoin Technologies Private Limited has launched its first mobile bitcoin wallet for both iOS and Android. Developed by the company itself, the app allows consumers to buy, sell, send, receive and store bitcoin with a one-touch button. It allows users to buy and sell bitcoin with inbuilt currency conversion supporting pairing for ...
Customers blackmailed following Liechtenstein bank hack
Customers of a bank in Liechtenstein are being blackmailed by hackers who are threatening to publish their account details or hand them over to financial authorities. Valartis Bank (Liechtenstein) AG account holders started receiving emails last week demanding that they send 10 percent of their funds to a bitcoin address. “If you pay 10 percent ...