Duncan Riley
Latest from Duncan Riley
BlackBerry launches its last official phone, the unimaginatively named DTEK60
A few weeks after announcing that it was no longer going to make phones, BlackBerry Ltd. launched its last official phone Wednesday, aimed squarely at corporate customers. The unimaginatively named DTEK60 is an Android-powered device that includes a 5.5-inch QuadHD display with 2,560 x 1,440-pixel resolution powered by a Snapdragon 820 processor. Like many Android phones in 2016, ...
Tesla earns surprise profit thanks to reduced costs, higher vehicle sales
It turns out that making electric, semi-autonomous vehicles can be profitable after all: Tesla Motors Inc. Wednesday posted an unexpected profit in the third quarter. The electric vehicle and battery company managed $2.15 billion in revenues for the quarter, up 145 percent over the same quarter in 2015, on a profit of $21.9 million, or 14 ...
BitPay to launch new bitcoin wallet using Intel’s chip-level security
Bitcoin payments startup BitPay Inc. has announced a new secure bitcoin wallet that uses Intel Corp.’s security extension hardware to safeguard security. An updated version of BitPay’s original bitcoin wallet called Copay, the new release integrates with Intel’s Software Guard Extensions which are built into Intel’s seventh-generation Core processors as standard and offers hardware-level protection ...
‘Script kiddies’ blamed for massive website cyber attack
A massive distributed denial of service attack that brought down leading sites across the world on Friday is being attributed to script kiddies, or people who use existing scripts or programs, who wanted to take down the PlayStation Network, a report published Tuesday claims. The attack, which targeted domain name server hosting provider Dynamic Network Services ...
Guidelines for preventing car hacking issued to automakers
Following on from a warning in March from the Federal Bureau of Investigation that cars with computer systems can be hacked, the National Highway Traffic Safety Administration has issued a set of recommended cyber security guidelines for connected cars. The best practice guidelines cover two aspects of car hacking: how to best prevent an attack ...
Akamai shares rise as security and cloud services surge in Q3
Shares in cloud service provider Akamai Technologies Inc. rose more than 8 percent in after-hours trading Tuesday as the company reported strong growth from its security and cloud performance services. Akamai reported revenues of $584 million for its third quarter, up 6 percent from a year ago. Profits were $76 million, or 43 cents a ...
Overstock.com to open blockchain based equities trading platform before year’s end
Overstock.com Inc. is moving forward with plans to launch a private blockchain-based equities exchange. The company said at a conference Monday that the exchange would be launching before the end of the year. The T0.com platform, first announced in 2014 and used by Overstock.com in a $25 million bond offering in 2015, will be a launched ...
If you own any Apple device, you need to install these latest security patches
Apple Inc. has released security updates for all its products, including iOS, macOS, Safari, Apple Watch and AppleTV to patch a range of vulnerabilities, including a number that allow for remote code execution attacks. The main vulnerability targeted by the release, known as the CoreGraphic bug (CVE-2016-4673) allows an attacker to take over an Apple ...
Russian man charged with LinkedIn hack also linked to Dropbox and Formspring
A Russian man arrested in the Czech Republic earlier this month has been linked to the hacking of Dropbox Inc. and Formspring along with the initial claim that he was behind the hacking of LinkedIn Corp., according to newly released indictment papers. Yevgeniy Nikulin, 29, of Moscow, is facing three counts of computer intrusion, two ...
A first: Cotton shipped to China using blockchain-based smart contract
Eighty-eight bales of cotton have created history by becoming the first physical commodity to be traded and settled by banks using a blockchain-based smart contract system. The cotton bales were purchased in Texas and shipped to Qingdao, China, using the Skuchain Brackets distributed ledger in conjunction with Brighann Cotton, Wells Fargo and the Commonwealth Bank ...