Duncan Riley
Latest from Duncan Riley
U is for unicorn as Sesame Street launches a venture capital fund
Could the “U” in the Sesame Street segment “letter of the day” soon stand for “unicorn,” with another segment asking viewers to count to “Series A”? Those questions may actually not seem all that absurd given news Monday that Sesame Workshop, the non-profit organization that produces Sesame Street, has launched a venture capital arm. Seriously. ...
Alphabet beats market expectations again in Q4 as Google ad business continues to surge
Alphabet, Inc., the company previously known as Google, has reported another quarter of stellar results off the back of continued advertising growth from its core Google business. Beating market expectations, Alphabet reported revenue $21.3 billion on $8.67 earnings per share, versus the average Wall Street prediction of $20.8 billion on $8.10. Of those figures, the ...
Liberty Reserve founder Arthur Budovsky pleads guilty to money laundering
Arthur Budovsky, the founder of the now defunct notorious cryptocurrency service Liberty Reserve, has pleaded guilty to one charge of conspiring to run a money laundering service. The guilty plea before the U.S. District Judge Denise L. Cote of the Southern District of New York occurred Friday and followed Budovsky’s arrest in Spain back in ...
Confirmed: Samsung Galaxy S7 launch set for February 21 in Barcelona
As expected, Samsung Electronic Co. Ltd.’s latest flagship smartphone the Galaxy S7 is coming in February. But now we finally have a confirmed date and time. Samsung has sent out invites to a new “Unpacked” event scheduled for Sunday, February 21st at 7 pm Central European Time (1 pm EST) in Barcelona in Spain, and ...
Apple recalls Mac and iOS plug adapters as electric shocks weren’t meant to be a feature
Apple, Inc. has issued a recall for plug adapters sold with Mac and iOS devices in large parts of the world between 2003 and 2015. Adapters sold in Europe, Australia, New Zealand, Korea, Argentina and Brazil are affected, as well as plug adapters sold as part of Apple’s World Travel Adapter Kit. In an unprecedented ...
Apple acquires education technology startup LearnSprout for an undisclosed sum
Apple, Inc. has acquired education technology startup LearnSprout, Inc. for an undisclosed sum. Founded in 2012, Learnsprout makes tools that make student data from school information systems (SIS) more readily accessible. “Empowering educators to analyze and understand student data,” the company’s platform gives educators the ability to surface data on students’ attendance, grades, and other ...
Amazon posts record profit in 4th qtr but misses market expectations
Amazon.com, Inc. disappointed Wall Street Thursday with the company reporting fourth-quarter financial results that missed market expectations. Net sales in the quarter increased 22 percent to $35.7 billion compared with $29.3 billion in fourth quarter 2014, with the company noting that the figure would have been $1.2 billion, or 26 percent higher had it not ...
MIT car insurance comparison spinoff Insurify raises $2m, launches virtual insurance agent
Interesting, new car insurance-finding service Insurify, Inc. has raised $2 million in seed funding in a round led by Rationalwave Capital Partners. Along with the funding the company’s has officially come out of beta and has also launched in a limited public release “Eva,” a virtual insurance agent that makes finding the best car insurance ...
Blockchain Capital raises $13m for second venture capital fund
Venture capital firm Blockchain Capital has announced the final closing of its second venture capital fund with over $13 million in committed capital, surpassing its fundraising target of $10 million. Founded in 2013, Blockchain Capital, as the name may suggest, is a venture capital firm that invests in blockchain-enabled technology companies, and was also the ...
VisionMobile report finds more needs to be done to sustain IoT developer involvement
Market analyst firm Visionmobile Ltd. has released a new “megatrends” report on the Internet of Things (IoT) market that finds that despite the hype surrounding the sector, more needs to be done to sustain developer involvement. “Developers are more and more the center of commercial strategy… if you’re not into developers, you’re not doing it ...