Duncan Riley
Latest from Duncan Riley
SentinelOne buys Attivo for $616.5M, but shares drop despite strong earnings report
Shares in SentinelOne Inc. dropped in late trading today despite beating expectations in its latest earnings report on the same day the cybersecurity provider announced it has agreed to acquire Attivo Networks Inc. for $616.5 million. For the quarter ended Jan. 31, SentinelOne reported an adjusted loss of 16 cents per share, compared with a loss ...
Smartsheet shares drop on lower-than-expected outlook
Shares in work management platform provider Smartsheet Inc. dropped in extended trading today after the company reported a lower-than-expected outlook in its quarterly earnings report. For the quarter ended Jan. 31, Smartsheet reported a loss before certain costs such as stock compensation of $15.5 million, or 12 cents per share, compared with an adjusted loss of $4.9 ...
Israeli compensation and benefits benchmarking startup Compete raises $15M
Israeli compensation and benefits benchmarking startup Compete HR Ltd. today announced that it has raised $15 million in new funding to drive its U.S. expansion and bolster its global teams. Tiger Global led the Series A round and Aleph and Vine Ventures also participated. Including the new funding, Compete has raised $17.5 million to date. Founded ...
AI-powered cybersecurity insurance provider Cowbell Cyber raises $100M
Artificial intelligence-powered cybersecurity insurance provider Cowbell Cyber Inc. announced today that it has raised $100 million in new funding. The new funding will be used to increase its investment in data science, underwriting, risk engineering and claims management, expand go-to-market channels and support Cowbell Re, the company’s reinsurance captive unit. Anthemis Group led the Series B round with ...
German subsidiary of Russian oil company Rosneft targeted by Anonymous
Rosneft Deutschland, the German subsidiary of Russian state-owned oil company PJSC Rosneft Oil Co. has been hit by a cyberattack, with hackers linked to Anonymous claiming responsibility. According to The Local de, the German Federal Office for Information Security said today that the attack took place in the early hours of Saturday morning. Rosneft Deutschland is ...
Data stolen in cyberattack targeting another Toyota supplier
Two weeks after Toyota Motor Corp. was forced to halt manufacturing at its plants in Japan following an attack on supplier Kojima Industries Corp., another Toyota supplier has been targeted in a cyberattack. The latest attack involved Denso Corp., a global automotive manufacturer based in Japan that is also 25% owned by Toyota. The Pandora ...
Foxconn reportedly in talks to build a multipurpose factory in Saudi Arabia
Hon Hai Precision Industry Co. Ltd., better known as Foxconn, is reported to be in talks with Saudi Arabia about jointly building a multipurpose factory. People familiar with the matter told The Wall Street Journal that the factory would be valued at about $9 billion and could make microchips, electronic vehicle components and other electronics ...
Facebook fails to take down grooming sites targeting pre-teens
Problems with content moderation on Meta Platforms Inc.-controlled platforms, particularly Facebook, have been detailed over the years, but at a time the company should be getting better, it appears it’s not. In a disturbing report today for Wired, Lara Putnam details how she stumbled across disgusting child-grooming groups on Facebook. Many of the groups were clearly ...
SEC cybersecurity incident disclosure proposal supported by industry professionals
A proposal from the U.S. Securities and Exchange Commission to compel companies to disclose cybersecurity incidents has received strong support from cybersecurity professionals. There are two components to the proposal. The first is mandatory cybersecurity incident reporting of “material” incidents. The disclosure of incidents would be via an 8-K form and must be reported within ...









