Duncan Riley
Latest from Duncan Riley
Facebook has fired all members of its Trending news team and has replaced moderation with an algorithm following allegations of systematic political bias first raised in May. According to Quartz, 15-18 workers were shown the door, and supervision over the news will now …
Satoshi Citadel Industries has acquired bitcoin investment app Keza
Philippine Bitcoin fintech startup Satoshi Citadel Industries (SCI) has acquired bitcoin investment app Keza for an undisclosed sum. Founded in 2015, Keza allowed bitcoin users to invest in bitcoin or fixed income stocks in the United States or other international stock exchanges via a …
Uber burned through $1.27b+ in first half of 2016 in efforts to dominate ridesharing market
How much of Uber Technologies, Inc.’s war chest is the ridesharing unicorn currently burning through in its efforts to dominate the ridesharing market globally? $1.27+ billion in the first six months of 2016, according to multiple reports Thursday. According to Bloomberg, Uber lost …
Report: Apple building video sharing app to compete with Snapchat
Apple wants a slice of the social sharing market and is building a new app that would work in a similar fashion to Snapchat, according to a report published Thursday. Bloomberg claims the new app will offer video sharing and editing on iOS …
Apple releases security patch after exploit discovered that could take over iOS devices
Apple has issued an urgent update to its iOS mobile operating system following the revelation that three security flaws in the system could allow potential hackers to take control of an Apple device using a zero-day exploit. The revelation that iPhone users …
No More Ransom initiative releases tool to decrypt Wildfire variant of ransomware
In a win for the good guys, a group backed by police and security companies have developed a free decryption tool for victims of the Wildfire variant of ransomware. The tool comes from the No More Ransom initiative, a collaborative project between …
Startup with links to Peter Thiel uses Big Data to fund lawsuits
A new firm with links to the hero behind Gawker Media’s demise, Peter Thiel, wants to (without irony) make it easier for people and firms to sue others by providing a litigation financing service that uses big data to make decisions. Litigation …
Report: Google planning to turn YouTube into a social network of sorts
Google is preparing to turn its video streaming site YouTube into a social network of sorts, to counter growing opposition from video on Facebook and other services, according to a report published Wednesday. VentureBeat claims that YouTube is developing a service currently …
Bitfinex customers offered equity in compensation for bitcoin lost in hacking
Customers of bitcoin exchange Bitfinex (BTXNA, Inc.) are being offered equity in the company in compensation for the losses imposed on them, following the hacking of the exchange in early August. Under the deal, customers who were issued BFX tokens following the …
Please no: Facebook testing auto-playing videos with the sound turned on
Your news feed on Facebook may soon become a more noisy experience, with the social network giant now testing auto-playing videos with the sound turned on. First spotted by Mashable, the trial of auto-audio is currently underway in Australia with one version of …