Duncan Riley
Latest from Duncan Riley
The man behind the attempted extortion of 2012 Republican Presidential nominee Mitt Romney has been found guilty on multiple charges relating to his failed shakedown. Michael Mancil Brown, 37, of Franklin, Tenn., was convicted of six counts of wire fraud and six …
Cryptocurrency exchange Gatecoin hacked, $2m in Bitcoin and Ethereum stolen
Hong Kong-based Bitcoin and cryptocurrency exchange Gatecoin Ltd. has revealed that it was hacked last week, with the loss of some 15 percent of total crypto-asset deposits they held. Founder and Chief Executive Officer Aurélien Menant explained in a notice on the …
Google-owned Waze launching trial carpooling service in Bay Area
Google-owned, community-based traffic and navigation app Waze is branching out into carpooling in the United States and has launched a test service in the Bay Area. The initial service will connect employees at select companies via a new app, Waze Rider, and will …
Report: Twitter to stop counting photos, links in 140 character limit
Twitter, Inc. is set to undertake its biggest shakeup in years, by no longer counting pictures and links as part of its 140 character count, according to a report published Monday. Quoting “a person familiar with the matter,” Bloomberg says the decision …
Report: Chinese ridesharing startup Didi Chuxing may go public in 2017
Chinese ridesharing startup Didi Chuxing (formerly Didi Kuaidi) is planning on going public as soon as next year, according to a report Sunday. According to “people familiar with the matter” spoken to by Blooberg, Didi is looking at an initial public offering …
Survey: 45% of households refrain from certain activities online due to security and privacy concerns
The risks of security and privacy breaches are deterring Americans from using certain internet services, a new survey has found. According to the survey of 41,000 people undertaken by the National Telecommunications and Information Administration (NTIA), 45 percent of online households refrain …
Warren Buffett’s Berkshire Hathaway named as backer of bid to acquire Yahoo
Warren Buffett’s Berkshire Hathaway, Inc. is supporting a consortium that has bid to acquire the core assets of Yahoo, Inc., a report claimed at the weekend. According to sources quoted by The New York Times, the Berkshire Hathaway backed consortium is being led …
Swift money transfer network successfully attacked by malware for a second time
The Society for Worldwide Interbank Financial Telecommunication (Swift) revealed Friday that their international money transfer platform had been successfully targeted by hackers again, although provided no further details other than it involved a “commercial bank.” According to The Wall Street Journal, a …
LOL: Zuckerberg responds to trending topics scandal by claiming Facebook doesn’t censor different views
Facebook Founder and Chief Executive Officer Mark Zuckerberg has spoken publicly for the first time about the scandal surrounding a report that the social networking site’s Trending Topics list was being manipulated with a liberal bias. Zuckerberg naturally took to Facebook itself …
Apple unexpectedly invests $1b in Chinese ridesharing service Didi Chuxing
In an unexpected move, tech giant Apple, Inc. has invested $1 billion in Chinese ridesharing service and Uber, Inc. rival Didi Chuxing (formerly Didi Kuaidi). Apple said they had made the investment in part to better understand how business works in China. …