Duncan Riley
Latest from Duncan Riley
Fintech blockchain startup Chain acquired by Lightyear for $500M
Cryptographic ledger systems startup Chain Inc. has been acquired by Lightyear Corp., the commercial arm of the Stellar Development Foundation, the organization behind the Lumens cryptocurrency. The price of the acquisition was not disclosed, Forbes claimed Monday that it was the equivalent of $500 million paid in Lumens. Founded in 2014, Chain builds cryptographic ledger systems that are said ...
Qualcomm Snapdragon Wear 3100 aims to take Android watches to the next level
Qualcomm Inc. wants a larger slice of the wearables market with a new chip designed to take Android watches to the next level. The Snapdragon Wear 3100, a successor to the 2100 model released in February 2016, brings to market a new architecture that Qualcomm claims is specifically designed for wearables versus previous chips that ...
New York gives approval to two new U.S. dollar-linked stablecoins
The New York Department of Financial Services has approved two new stablecoins as the market to become the blockchain-based transfer token of choice heats up. Leading the announcements was the Gemini Dollar from the Gemini Trust Co. LLC digital asset exchange founded by the Winklevoss twins. The Gemini Dollar is a 1:1 U.S. dollar-linked stablecoin ...
Cryptocurrencies struggle as Ethereum co-founder says growth days are over
The price of bitcoin recovered slightly Sunday after dropping to its lowest price since June, but other cryptocurrencies continue to struggle — and now the co-founder of Ethereum says that the days of massive crypto growth are over. Bitcoin along with other cryptocurrencies crashed on Sept. 5 after it was reported that Goldman Sachs Group Inc. ...
Microsoft Surface Pro coming Oct. 2: Here’s what you need to know
Microsoft Corp. has invited members of the press to attend an event on Oct. 2 in what’s predicted to be an unveiling of new Surface products along with the possibility of new cloud services. The event, teased only with the statement “a moment of your time,” should see Microsoft reveal an updated version of the ...
Mac App Store apps found to be stealing data from users
A number of apps found on Apple Inc.’s Mac App Store are alleged to be spying on users and stealing their data, according to a report from security firm Malwarebytes Inc. Leading the list of apps is a tool called Adware Doctor, an app that claims to be the “best app” to remove a variety of common ...
Credit card data stolen in hack of British Airways
U.K. flag carrier British Airways is the latest victim of hacking, leaking payment details that included credit card data. The details of how the hack took place have not been disclosed. The airline said only that it involved the theft of data from its website, ba.com, and the airline’s mobile app. The hack took place ...
‘Take me home’: BMW to launch its own custom AI assistant in 2019
Drivers of vehicles manufactured by BMW are about to get a pleasant surprise in the form a new artificial intelligence-enabled personal assistant. Revealed at a conference in San Francisco Thursday, BMW’s “Intelligent Personal Assistant” is scheduled to roll out in March of next year to all BMW models with the new BMW Operating System 7.0. Channeling AI ...
Google’s Pixel 3 phone is launching Oct. 9. Here’s what you need to know
Google LLC’s latest phone release, the Pixel 3, now has a date: Oct. 9. The third incarnation of Google’s Pixel lineup, built by the mobile arm of HTC Corp., which Google partially acquired in 2017, will likely come in two versions: the base Pixel 3 and a larger XL version a notch at the top ...
Cryptocurrencies continue to wallow as Goldman Sachs exec gives weird denial
The price of bitcoin and other leading cryptocurrencies continued to wallow Thursday despite a Goldman Sachs Group Inc. spokesperson saying a report that the bank had abandoned plans to deal in cryptocurrencies was “fake news.” The crypto crash started Wednesday following a report that claimed that Goldman had ditched its plans to establish a bitcoin desk. That move ...
