Duncan Riley

Duncan Riley is a senior writer at SiliconANGLE covering Startups, Bitcoin, and the Internet of Things. Duncan is a co-founder of VC funded media company B5Media and founder of news site The Inquisitr, and was a senior writer at TechCrunch in its earlier days. Tips? Press releases? Intersting startup? email: duncan@nichenet.com.au or contact Duncan on Twitter @duncanriley

Latest from Duncan Riley

Analyst finds no evidence of NSA EternalBlue in Baltimore ransomware attack

The ransomware used to cripple the City of Baltimore last month did not include code from the U.S. National Security Agency’s leaked EternalBlue hacking exploits, according to a security analyst. The finding comes from Joe Stewart, a malware analyst now consulting with security firm Armor Defense Inc. Krebs on Security reported today that he was unable ...

Apple announces new sign-in feature to compete with Facebook and Google

Buried among dozens of announcements at Apple Inc.’s annual Worldwide Developers Conference today was a new sign-in service that will pit the company directly against Twitter Inc., Facebook Inc. and Google LLC for the first time. Called “Sign in with Apple,” the new service, created with security in mind, has been designed to allow Apple users ...

Stripe launches Chargeback Protection to cover businesses from fraudulent transactions

Payment processing technology startup Stripe Inc. today launched a new feature that is sure to be popular with its business users: Chargeback Protection. A chargeback is a demand by a credit card provider for a retailer to make good the loss on a fraudulent or disputed transaction. Often a bane of any business that accepts card payment, ...

Infineon acquires Cypress Semiconductor for $9.4B

German semiconductor manufacturer Infineon Technologies AG Monday said it’s acquiring Cypress Semiconductor Corp., a Silicon Valley-based semiconductor design and manufacturing company. Bloomberg, quoting people familiar with the matter, had said Sunday that the deal could be announced as soon as Monday, with the acquisition price coming in at almost $10 billion including debt. On Monday, Infineon ...

Here’s what to expect at Apple’s Worldwide Developers Conference Monday

Apple Inc.’s annual Worldwide Developer Conference kicks off Monday morning in San Jose, California, and the company isn’t expected to disappoint as it’s likely to debut a range of new products. Leading the pack, Apple’s main focus at WWDC is expected to be iOS 13, the latest incarnation of its mobile operating system. The new ...

Credit card details stolen in point-of-sale hack targeting Checkers restaurants

Credit card details have been stolen in a point-of-sale hack involving Checkers Drive-In Restaurants Inc., the operator of Checkers and Rally’s restaurants in 28 U.S. states and the District of Columbia. The Tampa, Florida-headquartered company disclosed the hack Wednesday, describing it as a data breach involving 103 locations in 20 states. Without going into great ...

Salesforce cloud backup startup OwnBackup raises $23.25M

OwnBackup Ltd., which offers a cloud backup service for Salesforce.com Inc. services, today said has raised $23.25 million in new funding. It will be usesd to expand its operations, including deepening its partner network and increasing its headcount in both its engineering and European teams. The Series C round was led by Insight Venture Partners and Vertex Ventures ...

Leap Motion sold for fire-sale price of $30M to Ultrahaptics

Once-high-profile 3-D motion-control technology startup Leap Motion Inc. is no longer independently owned after being acquired in an apparent fire sale to Ultrahaptics Ltd. for $30 million. Founded in 2010, Leap Motion was a much-hyped software and hardware company developing 3-D motion-control technology for virtual reality and additional platforms. The company’s products were focused on allowing users to interact ...

Zscaler shares drop as cybersecurity firm reports mixed financials

Updated: Shares in cybersecurity firm Zscaler Inc. dropped in after-hours trading Thursday as the company reported mixed financials, including a larger-than-expected loss. In its fiscal third quarter, Zscaler reported revenue of $79.1 million, up 61% over the same quarter of last year and higher that analyst predictions of revenue of $74.9 million. The increase came off the ...

Uber reports $1B loss in its first post-IPO earnings

Updated: Uber Technologies Inc. reported a $1.034 billion loss Thursday as the company presented its first quarterly financial report following its initial public offering. In the first quarter, Uber reported revenue of $3.09 billion, up 20% over the same period of 2018 and slightly ahead of analysts’ predictions of $3.08 billion. Revenue growth was driven by ...