Duncan Riley
Latest from Duncan Riley
Singaporean Artificial intelligence data analytics startup Nugit Pte. Ltd. has raised $5.2 million in funding from Sequoia India. Founded in 2013, Nugit uses artificial intelligence, natural language generation, and visual design to help marketers generate more usable reports based on the big …
Replacement Samsung Galaxy Note 7 catches fire
Poor Samsung Electronics Co. Ltd. can’t catch a break when it comes to its fire-prone Galaxy Note 7 line, with a replacement device catching fire during a flight Wednesday. The Galaxy Note 7 device reportedly caught fire on Southwest Airlines flight 944 from …
No one may want to buy Twitter, but it might not want to sell either
The chances of Twitter Inc. being acquired are quickly fading, with multiple reports Wednesday suggesting that all previously mentioned suitors may no longer be interested in placing a bid for the troubled company. According to sources quoted by Recode, Google Inc. does …
Samsung acquires Viv Labs, the AI startup from Siri’s creators
Samsung Electronics Co. Ltd. has acquired Viv Labs Inc., the high-profile makers of an artificially intelligent virtual assistant that was founded by the creators of Apple Inc.’s Siri. The price of the acquisition was not disclosed. Founded in 2012, Viv offers an open …
Bill Gross: Bitcoin may be a better investment than shares
Billionaire bond manager Bill Gross has claimed that people may be better off investing in bitcoin and gold rather than shares, due to the current low interest rate policies of global banks. Gross, who manages the $1.5 billion Janus Global Unconstrained Bond …
Criteo acquires performance marketing exchange firm HookLogic for $250M
Marketing technology firm Criteo Inc. has acquired performance marketing exchange firm HookLogic Inc. for $250 million. Founded in 2004, HookLogic provides closed-loop marketing for brand advertisers through partnerships with leading retailers and travel companies, with their platform connecting large retail e-commerce sites …
VM startup Paperspace raises $4 million to take on VMware, Citrix
Virtual desktop startup Paperspace Inc. has raised a $4 million seed round from Ludlow Ventures, Data Collective, Initialized Capital and a number of individual investors. Founded in 2014, Paperspace is aiming to disrupt the virtual desktop market currently dominated by VMware, Citrix …
DressCode Trojan malware discovered in over 400 Google Play Android apps
New research has discovered more than 400 apps available on the Google Play Android app store that are infected with a DressCode Trojan malware. Trend Micro Inc. said the malware, also detected as ANDROIDOS_SOCKSBOT.A, was found in over 3,000 Android apps outside …
J.P. Morgan building transactions platform based on Ethereum blockchain code
J.P. Morgan Chase & Co. is building its own private blockchain-based transactions platform using the code behind the Ethereum network. Called Quorum, the platform would allow the bank to use a publicly available system for confidential transactions, including the ability to limit …
Report: Yahoo hack may have compromised up to 3B accounts
Yahoo Inc. may have under-reported the number of users hacked in its now infamous 2014 data breach, according to a report Monday. Business Insider quotes “a former Yahoo executive familiar with its security practices” as saying that, given the way Yahoo’s data …