Duncan Riley
Latest from Duncan Riley
McLaren denies reports it’s in acquisition talks with Apple
McLaren Technology Group has been forced to deny reports it is in talks either to be taken over or to take a strategic investment from technology giant Apple Inc. The denial follows an unconfirmed report from The Financial Times that claimed that the F1 race team and super carmaker had been in talks with Apple ...
Southeast Asia Uber rival Grab raises $750m Series F on $3b valuation
Southeast Asian Uber Technologies Inc. rival GrabTaxi Holdings Pte Ltd (Grab) has raised $750 million Series F in a round led by Sotfbank. According to Forbes, the round was raised on a $3 billion valuation. Founded in 2011, Grab (the company has dropped the taxi part from its trading name) operates in Malaysia, Singapore, Thailand, ...
Nutanix asks $11- $13 a share in upcoming IPO
Enterprise virtualization and storage firm Nutanix Inc. is seeking $11 to $13 a share in its forthcoming initial public offering (IPO) of 16.1 million shares, the company disclosed in a Securities and Exchange Commission (SEC) filing Tuesday. Of the shares on offer, Nutanix plans to sell 14 million Class A shares and 2.1 million additional shares ...
District judge rules bitcoin counts as money under federal law
A United States District Judge has ruled that bitcoin is money for the purposes of federal law prohibiting the operation of an unlicensed money transmitting businesses. The ruling followed an application by lawyers for Anthony Murgio, one of the operators of the now defunct bitcoin exchange Coin.mx, who argued that he was not liable on ...
New Overseer malware that steals personal details spotted in Google Play
Google has removed four apps from its Play Store after they were discovered to be carrying a new form of malware dubbed Overseer. Discovered by security firm Lookout Inc., Overseer was found packaged with four apps and once installed could steal a user’s name, phone number, email address and contact history, along with a host ...
Google launches new one-stop shop travel app Google Trips
Google Inc. has launched new app Google Trips, a combination trip planning and tour guide app for when you are on the go and exploring a new place. The app, which is available on Google’s own Android operating system as well as Apple’s iOS, allows a user to organize their plane tickets and hotel reservations, ...
BNP Paribas signs partnership to issue mini-bonds on the blockchain
French Bank BNP Paribas has signed a partnership agreement with crowdfunding providers Lendosphere, Enerfip and Lumo to enable private companies to issue mini-bonds through a private blockchain. Through a new digital lab, the bank is working on a distributed ledger based on the blockchain powering bitcoin that will be able to maintain a record of ...
IPhone 7 reported to make hissing noise under heavy usage
The first potential technical problem with Apple, Inc.’s new iPhone 7 has emerged, with some users reporting that the phone will make a hissing sound under heavy usage. According to 512Pixels, which seemed to be the first site to write about it, the sound appears when the phone is under load and comes from the back ...
Opinion: Paranoid much? Democrats believe that Wikileaks is hacking them
In an election season where neo-McCarthyism is now acceptable nothing should really come as a surprise but this might: the Democrats believe that Wikileaks is hacking them. In a memo sent by the Association of State Democratic Chairs to members on Wednesday, the group warned those receiving the email to not visit and search the ...
Opinion: Keystone cops: FBI found to have used malware unconstitutionally in child porn case
A United States District Court Judge has ruled that the Federal Bureau of Investigation’s (FBI) use of malware without a warrant to capture details of those viewing child pornography in the infamous “Playpen” case was unconstitutional. Judge David Alan Ezra ruled that the use of malware was considered search under the fourth amendment which is ...