Duncan Riley
Latest from Duncan Riley
Samsung Electronic Co. Ltd. has announced a number of changes to its virtual reality (VR) related services, as well as a limited release of its virtual reality camera for sale in the United States. The company is referring to the changes as …
Google has acquired San Francisco based high-speed ISP Webpass to expand its Fiber service
Google Inc.’s ambitions to expand its Google Fiber service into more markets has seen the tech giant acquire San Francisco-based high-speed, fiber internet service provider Webpass, Inc. Founded in 2003, Webpass offers services in five major markets including the San Francisco Bay …
Winklevoss twins’ Gemini Bitcoin exchange opens up shop in the U.K.
The Winklevoss twins want to conquer the Bitcoin world, and in this case, they’ve set their sites across the Atlantic. Cameron and Tyler Winklevoss, probably best known for having the idea for Facebook taken from them by Mark Zuckerberg, have expanded their …
Supreme Court backs tech companies over patent trolls
The United States Supreme Court ruled Monday that a law introduced in 2011 to make it easier to defeat trolls was legal. Under the Patent Office Regulations companies targeted by patent trolls could contest claims in front of the Patent Office instead …
Report: next iPhone will be slightly updated 6s, major refresh not coming until 2017
Apple fanboys hoping for a refreshed iPhone model will have to wait until 2017 with a report Tuesday that the model being released this year will be largely unchanged compared to the previous two models. The Wall Street Journal claims the next …
Greedy artists including Taylor Swift demand DMCA reform as part of attack on YouTube
A larger group of popular musicians have backed a new campaign calling for the reform of the Digital Millennium Copyright Act (DMCA) on the basis that it allows the Google-owned YouTube to host their music on unfair terms. The 180 artists, including …
Spotify passes 100m users but paying subscriber numbers are not increasing
Streaming music service provider Spotify AB has announced that it now has 100 million active users despite increasing competition from the likes Apple Music. The company told The Telegraph that its user numbers were increasing at the rate of 1.3 million users …
Twilio to offer 10m shares in IPO at $12-$14 per share
Cloud communications company Twilio, Inc. announced the terms of its forthcoming initial public offering (IPO) Monday. The company said in a filing that it plans to offer 10 million shares priced between $12 and $14; according to Marketwatch at the top of that …
Bank of Canada and R3 experimenting with Blockchain based payment transfers
Bank backed Blockchain fintech development consortium R3 (R3CEV LLC) is working with the Bank of Canada and the Canadian Payments Association on a Blockchain powered payment transfer system, it was revealed Thursday. The Bank of Canada, Canada’s central bank, said that at …
Even more money: Airbnb raises $1b in debt financing from big banks
Online accommodation marketplace Airbnb, Inc. has raised even more money, this time in the form of $1 billion in debt financing. JPMorgan, Citigroup Inc, Morgan Stanley and Bank of America Corp are said to have led the deal. The debt raising follows …