Duncan Riley
Latest from Duncan Riley
Philippines’ blockchain remittance firm Coins.ph raises $5 million
Two-year-old Philippine Bitcoin startup Coins.ph has raised $5 million for its mobile-focused blockchain payment platform. The Series A round was led by the Accion Frontier Inclusion Fund that included Innovation Endeavors, Pantera Capital, Digital Currency Group, Wavemaker Labs, Global Brain, BeeNext and Rebright Partners. Coins’ platform provides users with access to basic financial services such as ...
Tesla to launch ride hailing in 2017, bans owners from Uber, Lyft
Tesla Motors Inc. will prevent owners of its new self-driving cars from providing ridesharing services on Lyft Inc. and Uber Technologies Inc. and will instead restrict them to using Tesla’s own yet-to-be-detailed ridesharing program. The discovery came by way of the fine print in a disclaimer about the self-driving functionality on new Model S vehicles. “Please ...
Oracle issues 253 security fixes in monster October critical patch update
Oracle released a monster number of fixes Tuesday, delivering 253 security updates in its October “critical patch update.” The patches cover 76 Oracle product,s including databases, networking components, operating systems, applications servers, Java, and enterprise resource planning systems. According to the advisory published by Oracle, 15 of the patches are critical, with some allowing complete system compromise ...
Russian man involved in LinkedIn hack arrested in Czech Republic
A Russian man believed to be involved with the 2012 hacking of the now Microsoft Corp.-owned business social network LinkedIn has been arrested in the Czech Republic. Yevgeniy N., 29, was arrested Oct. 5 for undertaking “criminal hacking attacks on targets in the United States,” according to Reuters, and the arrest was undertaken with the cooperation of ...
Tesla now installing self-driving hardware on all new vehicles
Tesla Motors Inc. has announced that all new vehicles it produces will now be equipped with the hardware needed for full self-driving capability. The technology being fitted to the new Teslas includes eight surround cameras that provides 360 degree visibility around the car out to 250 meters and 12 updated ultrasonic sensors that allow for ...
Veracode security report finds open source components behind many security vulnerabilities
Security firm Veracode Inc. has released its annual State of Software Security Report with a number of concerning findings in regards to the poor state of enterprise security. The report, based based on 300,000 assessments run on enterprise applications over 18 months, found that the continued and persistent use of vulnerable components in software development ...
Private cloud provider ZeroStack adds utility billing, container support
Private cloud provider ZeroStack Inc. has announced that it has added utility billing and container support to its software as a solution managed Private Cloud Platform. The container support involves fully managed deployment of containers and their orchestration, storage, and networking infrastructure, with the company claiming it now makes it the most AWS-like on-premises cloud ...
Report: Amazon looking to provide Internet service in Europe
Amazon.com Inc.’s latest potential venture has come straight out of left field with a report Tuesday claiming the company is looking to become an Internet service provider. According to The Information, the e-commerce and infrastructure giant is planning on becoming an ISP in Europe, with the service to be bundled with Amazon’s Prime rapid delivery ...
The Shadow Brokers is now crowdfunding release of NSA hacking tools
Hacking group The Shadow Brokers has abandoned its efforts to auction off the hacking tools it stole from National Security Agency linked the Equation Group and is now running a crowdfunding campaign instead to raise the 10,000 bitcoin ($6.38 million) it is seeking. The group stole the hacking tools in August and claimed to have ...
Netflix shares surge after higher-than-expected Q3 new subscriber growth
Shares in Netflix Inc. surged Monday after the streaming media company reported higher-than-expected new subscriber numbers in the third quarter. International subscribers led Netflix’s growth, with the company adding 3.2 million subscribers outside the United States in the quarter, well ahead of its guidance of 2 million. In the United States, Netflix added 370,000 subscribers, ...