Duncan Riley
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North Korea suspected in attack that delayed printing of major newspapers
North Korea is suspected to be behind a malware attack that delayed the printing of several major U.S. newspapers on Saturday morning. The malware attack, believed to have involved a version of the Ryuk ransomware family that crippled a North Carolina water utility in October, struck printing centers operated by Tribune Publishing and the Los Angeles ...
Electrum wallet hack spooks market, causing bitcoin price to plunge again
The price of bitcoin plunged Thursday after it was revealed that a bitcoin wallet provider had been hacked. According to a report today in ZDNet, a hacker or hacking group has stolen at least 200 bitcoin, worth around $720,000, from users of Electrum Bitcoin, an open-source bitcoin client based on a client-server protocol. Those behind the ...
GMO Internet quits bitcoin mining business following $321M loss
Japanese IT giant GMO Internet Inc. is walking away from the cryptocurrency industry, announcing that will no longer develop, manufacture or sell bitcoin mining hardware. The decision, while directly related to the precipitous drop in the price of bitcoin this year, was specifically attributed to GMO Internet being forced to record a massive loss in its cryptocurrency ...
Instagram backtracks after ‘accidentally’ releasing new version with horizontal swiping
Facebook Inc.-owned photo sharing app Instagram has been forced to backtrack after “accidentally” releasing a new version that did away with scrolling and replaced it with a Tinder-like horizontal swipe feature. Instagram users were presented with the horizontal swipe feature for a brief time on Thursday morning before it was rolled back with instructions to users ...
IRS is investigating ways to use social media to find tax cheats
The U.S. Internal Revenue Service is investigating ways to use social media to find tax cheats. First spotted today by QZ.com, a “Social Media Research Request” was filed by the IRS’ National Office of Procurement on the Federal Business Opportunities website Dec. 18 for “information or tools available in the marketplace” to allow them to search ...
Reid Hoffman apologizes for funding fake Russian bot campaign in Alabama election
LinkedIn Inc. founder Reid Hoffman today apologized for funding a company that ran a “misinformation campaign” against a Republican candidate that involved the use of fake Russian bots. The campaign was run by a company called American Engagement Technologies through a project called New Knowledge. That project used social media sites such as Facebook and Twitter to boost ...
Uber test driver claims he was fired after raising safety concerns
The ghost of mismanagement past continues to haunt Uber Technologies Inc. as a former test driver accused the company of firing him after he complained about safety concerns. Speaking to Business Insider Monday, Ryan Kelley, who worked for Uber until January, said that he felt as if he wasn’t allowed to take bathroom breaks the month ...
Latest Samsung Galaxy S10 may include two front-facing Infinity O cameras
With Samsung Electronics Co. Ltd. expected to release its latest flagship Galaxy S10 phones in less than two months, leaks and rumors continue to abound — and the latest is a surprise. Samsung has long been expected to debut the Infinity O camera with the new phones, a front-facing camera that sits in the screen ...
Bitmain lays off up to 50% of staff as crypto crash continues to bite
Leading Chinese cryptocurrency hardware maker and miner Bitmain Technologies Inc. is cutting up to 50 percent of its staff as the cryptocurrency crash that started in January continues to affect major players in the industry. The up to 50 percent figure was first reported on social media Dec. 23, but at the time, Bitmain said only that it ...
Hot tub hack machine: Hackable spas are now a thing, thanks to security vulnerabilities
In what sounds like a plot in a bad Adam Sandler film, a security company has discovered a brand of hot tubs that can be easily hacked. Described in excruciating details over the weekend by security researchers at Pen Test Partners Ltd., the vulnerability relates to the Balboa Water App, a mobile app used for controlling around ...