Duncan Riley
Latest from Duncan Riley
Arthur Budovsky, the founder of the now defunct notorious cryptocurrency service Liberty Reserve, has pleaded guilty to one charge of conspiring to run a money laundering service. The guilty plea before the U.S. District Judge Denise L. Cote of the Southern District …
Confirmed: Samsung Galaxy S7 launch set for February 21 in Barcelona
As expected, Samsung Electronic Co. Ltd.’s latest flagship smartphone the Galaxy S7 is coming in February. But now we finally have a confirmed date and time. Samsung has sent out invites to a new “Unpacked” event scheduled for Sunday, February 21st at …
Apple recalls Mac and iOS plug adapters as electric shocks weren’t meant to be a feature
Apple, Inc. has issued a recall for plug adapters sold with Mac and iOS devices in large parts of the world between 2003 and 2015. Adapters sold in Europe, Australia, New Zealand, Korea, Argentina and Brazil are affected, as well as plug …
Apple acquires education technology startup LearnSprout for an undisclosed sum
Apple, Inc. has acquired education technology startup LearnSprout, Inc. for an undisclosed sum. Founded in 2012, Learnsprout makes tools that make student data from school information systems (SIS) more readily accessible. “Empowering educators to analyze and understand student data,” the company’s platform …
Amazon posts record profit in 4th qtr but misses market expectations
Amazon.com, Inc. disappointed Wall Street Thursday with the company reporting fourth-quarter financial results that missed market expectations. Net sales in the quarter increased 22 percent to $35.7 billion compared with $29.3 billion in fourth quarter 2014, with the company noting that the …
MIT car insurance comparison spinoff Insurify raises $2m, launches virtual insurance agent
Interesting, new car insurance-finding service Insurify, Inc. has raised $2 million in seed funding in a round led by Rationalwave Capital Partners. Along with the funding the company’s has officially come out of beta and has also launched in a limited public …
Blockchain Capital raises $13m for second venture capital fund
Venture capital firm Blockchain Capital has announced the final closing of its second venture capital fund with over $13 million in committed capital, surpassing its fundraising target of $10 million. Founded in 2013, Blockchain Capital, as the name may suggest, is a …
VisionMobile report finds more needs to be done to sustain IoT developer involvement
Market analyst firm Visionmobile Ltd. has released a new “megatrends” report on the Internet of Things (IoT) market that finds that despite the hype surrounding the sector, more needs to be done to sustain developer involvement. “Developers are more and more the …
Big Data mobile gaming startup Icejam raises $2.13m Series A
Big Data mobile gaming startup Icejam Games, Inc. has raised CAD$3 million ($2.13 million) Series A in a round led by Build Ventures. Founded in 2014, Icejam integrates real-world “Playable Data” into its games through utilizing any dataset or combination of datasets, …
Up up up: Facebook Q4 financials break records as revenue surges
Social networking giant Facebook, Inc. continues to bring in the big dollars, with the company reporting new record highs in both the fourth quarter and 2015 as a whole. Revenue at Facebook topped $5.84 billion in the fourth quarter, up just shy …