Duncan Riley
Latest from Duncan Riley
Report: Uber in late-stage talks to raise $1B for its self-driving car division
Uber Technologies Inc. is in late-stage talks with investors to raise $1 billion in funding for its self-driving car division according to an unconfirmed report today. The Wall Street Journal, citing people familiar with the negotiations claims that Uber is discussing raising money with SoftBank’s Vision fund along with other investors, including one unnamed automaker. ...
Israeli penetration testing startup Cymulate raises $7.5M to expand in US
Israeli security penetration testing startup Cymulate today said it has raised $7.5 million in new funding to expand its operations in the U.S and invest further in its research team. The round was led by Vertex Ventures and Dell Technologies Capital and included Susquehanna Growth Equity and Eyal Gruner. Founded in 2016, Cymulate offers a breach and attack simulation ...
Xena Exchange launches first-ever Telegram GRAM crypto derivatives
Up-and-coming digital assets trading provider Xena Financial Systems UK Ltd. Tuesday entered the derivatives market with the first-ever leveraged cryptocurrency-settled derivative contract for the GRAM token. The GRAM token is the cryptocurrency backed by secure messaging app provider Telegram Messenger LLC, which raised $1.7 billion privately in May. The fundraising was so successful that Telegram canceled ...
Proposed law would require minimum security standards for IoT devices
A bill presented to the U.S. Congress on Monday would enforce minimum security standards for “internet of things” devices purchased by the U.S. government. The Internet of Things Cybersecurity Improvement Act of 2019 was introduced in the Senate by a bipartisan group of senators — Mark Warner, Cory Gardner, Maggie Hassan and Steve Daines — ...
As eero acquisition closes, Amazon commits to maintaining Wi-Fi privacy
Amazon.com Inc. today promised to maintain the privacy of eero Inc. users as it closed the deal to acquire the mesh router company first announced Feb. 11. The acquisition, which sees Amazon’s list of owned consumer items expand, drew the ire of eero users given Amazon’s history when it comes to consumer privacy. Eero prided itself ...
Exposed Chinese database of 1.8M women includes a ‘BreedReady’ status
A mysterious Chinese database has been found online with details of 1.8 million women that includes a field that reads as “BreedReady.” Discovered by security researcher Victor Gevers and revealed over the weekend, the database, which has since been taken offline, also included names, phone numbers, addresses, education, location, ID number and marital status. The purpose ...
Report: Alphabet’s self-driving car startup Waymo is seeking outside investors
Alphabet Inc.’s self-driving car startup Waymo LLC is seeking outside investors, according to an unconfirmed report published Monday. The Information, referencing a person with direct knowledge of the situation, claimed the startup is seeking financing from European automakers such as Volkswagen AG. The report also said the attempt to raise outside money suggests Alphabet may be seeking ...
Corporate data stored on Box exposed by employees sharing public links
Security researchers have discovered terabytes of data from over 90 companies exposed by employees sharing publicly available links to Box Inc.’s cloud storage platform. In an issue detailed today by cybersecurity firm Adversis LLC, the data and documents had all been uploaded to Box Enterprise accounts then shared via links by employees, making them publicly viewable by anyone ...
Apple may debut streaming video and news subscription services at March 25 event
Apple Inc. has sent out invitations for an event March 25 where it’s expected to debut a new streaming video and television service along with a news subscription service. All but confirming that the streaming product is coming, Apple promoted the event with a film-style countdown followed by an Apple logo with the words “It’s show time” ...
Researchers find some smart car alarms can be easily hacked
So-called smart car alarms are supposed to make vehicles more difficult to steal, but newly published research has found that alarms made by two companies actually make stealing a car easier. The research, released Friday, comes via Pen Test partners, which studied a range of third-party smart car alarms for security vulnerabilities. Smart car alarm ...