Duncan Riley
Latest from Duncan Riley
Uber and GM announce car rental trial for drivers in San Francisco
Uber Technologies Inc. and General Motors Co. have signed a new deal that will see the automotive giant rent cars to Uber drivers through its Maven rental service. The deal, announced Tuesday, will initially begin as a 90-day trial in Uber’s hometown of San Francisco and allows drivers to rent GM vehicles for $179 a ...
Owner of cyber attack service Titanium Stresser owner pleads guilty
A man accused of running cyber attack-for-hire service Titanium Stresser has pleaded guilty to multiples charges in relation to his ownership and use of the service. Nineteen-year-old Adam Mudd from Kings Langley, a town north of London in the United Kingdom, pleaded guilty to unauthorized acts with intent to impair the operation of a computer, ...
Palantir beats the Army over battle to allow project bid
Big Data analytics firm Palantir Technologies Inc. has won a case against the United States Army in which it claimed it was unfairly shut out of the bid process to work on the Army’s Distributed Common Ground System. According to Bloomberg, the Army’s bid-solicitation ruled out any commercially available solutions, by default barring Palantir from ...
Shadow Brokers releases list of servers hacked by the NSA
Notorious hacking group the Shadow Brokers is back in the news after it published a list of servers claimed to have been compromised by the National Security Agency-linked Equation Group. The group had previously claimed to have hacked the Equation Group and then attempted to sell much of what they found, before switching to an ...
New device can hijack consumer drones using widespread vulnerability
A new device revealed at a security conference in Japan last week can hijack consumer drones, by exploiting a vulnerability in the frequency-hopping systems used to protect radio communications between an operator and the drone itself. The “Icarus” device, a form of radio transmitter, was designed by a researcher at security software maker Trend Micro ...
Toyota invests $10 million in car sharing service Getaround
Toyota Motor Corp. has invested in San Francisco-based peer-to-peer car sharing service Getaround Inc. through its Mirai Creation Investment Limited Partnership, in a Series C round believed to be $10 million. Founded in 2009, the company calls itself an “on-demand carsharing community” that allows users to “share” their cars to other users who are able to ...
IPO train keeps chugging as Blackline surges on debut
Shares in enterprise Software as a Service startup Blackline Inc. surged on the Nasdaq Friday in another sign of the markets growing thirst for tech initial public offerings. Offering shares at $17 each, higher than an initial price guidance of $13 to $15 a share, Blackline closed its first day of trading up 39 percent, to ...
Pennsylvania man gets 18 months in prison for hacking celebrity nudes
A man involved in the infamous “celebgate/fappening” hacking scandal in 2014 that resulted in private images of celebrities appearing online has been sentenced to 18 months in prison. Ryan Collins, 36, from Pennsylvania had earlier pleaded guilty to one count of unauthorized access to a protected computer to obtain information. Collins stood accused of obtaining access ...
LinkedIn books a third-quarter profit as it heads into Microsoft’s hands
LinkedIn Corp. beat market expectations Thursday with its third-quarter financials in what may be its last published figures before being acquired by Microsoft Corp. Revenue in the third quarter came in at $960 million, up 23 percent over the same quarter in 2015 and $1 million over a predicted figure of $959 million. Earnings per share ...
Qualcomm to acquire rival NXP for $47 billion in all-cash deal
Qualcomm Technologies Inc. has announced plans to acquire rival firm NXP Semiconductors N.V. in an all-cash deal for $110 a share, totaling $47 billion, the company announced Thursday. Founded in 2006 and based in the Netherlands, NXP is best known for co-inventing near-field communications, the technology that enables wireless payment services such as Apple Pay. The ...