Duncan Riley
Latest from Duncan Riley
New York City places cap on new licenses for Uber and Lyft vehicles
In a possible precedent for other cities, the New York City Council voted Wednesday to cap the number of licenses it issues to ride-hailing vehicles for one year as part of a broader investigation into the market. New York is unique among many but not all cities in that it regulates ride-hailing vehicles through licensing ...
New Pixel 3 XL leak shows large notch, USB C headphones
Two months from the likely launch date of Google LLC’s latest Pixel smartphones, a video featuring a prerelease unit has appeared online revealing new specs about the Pixel 3 XL model. The video first appeared on a Ukrainian social media account (reported by Android Police today) and starts with a key feature that has been reported ...
Blockchain-based SoundCloud alternative Audius raises $5.5M
Blockchain-based SoundCloud alternative Audius Inc. today said it has raised $5.5 million in funding to build out its decentralized, community-owned and artist-controlled music-sharing protocol. The Series A round was led by General Catalyst and Lightspeed, with participation from Kleiner Perkins, Pantera Capital, 122West and Ascolta Ventures. Audius is attempting to build a blockchain-based audio distribution system ...
Report: Slack is raising $400M from General Atlantic on a $7B valuation
Team messaging services provider Slack Technologies Inc. is raising a new round of about $400 million on a valuation of $7 billion, according to an unconfirmed report published Tuesday. TechCrunch made the claim late Tuesday, saying that it has heard from “multiple sources” that a new investor, General Atlantic, is leading the round, with Dragoneer also said ...
Overstock tZERO ‘Security Token Offering’ closes in successful debut of ICO alternative
Overstock.com Inc. has closed its Security Token Offering for its tZERO market blockchain platform early in an apparent sign of success for an alternative fundraising method to initial coin offerings. tZERO was announced in December with Overstock seeking to raise $250 million in an ICO. The platform is aimed at integrating “cryptographically secure distributed ledgers ...
West Virginia blockchain-based mobile voting raises security concerns
Blockchain-based mobile voting startup Voatz Inc. has landed its first big contract, with the State of West Virginia agreeing to use its platform for military voting. But the news has raised security concerns. Voatz first came onto the radar in January when it raised $2.2 million in a seed round led by Medici Ventures, Overstock.com Inc.’s venture arm. It makes ...
Millennial love affair ends as Snap reports declining user numbers
The millennial love affair with Snapchat is officially over: Parent company Snap Inc. today reported its first-ever decline in active users in its second quarter. In a mixed bag of results, the messaging app maker reported $262.3 million in revenue and a loss of 14 cents, beating market predictions of a 17-cent loss on $249.8 ...
Report finds most enterprises fail to implement security across DevOps process
Most organizations want to implement security into the entire DevOps process, but they’re struggling to do so. That’s the biggest takeaway from a new report out today from security firm Checkmarx Ltd. “Managing Software Exposure: Time to Fully Embed Security into Your Application Lifecycle” was undertaken in conjunction with FreeForm Dynamics and The Register based on the input ...
Google launches Android 9, dubbed Pie, with AI ‘baked in’
Google LLC today moved forward on the Android front, rolling out the next iteration of its mobile operating system Android 9 and acquiring a startup that makes mobile graphics benchmarking tools to assist in Android development. Succeeding the previous Android version called Oreo, the new one is called Pie, maintaining Google’s habit of naming new releases ...