Duncan Riley
Latest from Duncan Riley
H&R Block sues Jack Dorsey’s Block for alleged trademark infringement
Tax preparation company H&R Block Inc. today filed a lawsuit against Jack Dorsey’s Block Inc., the company previously known as Square Inc., for alleged trademark infringement. H&R Block claims that its goodwill and brand identity, which it has cultivated over the last 65 years, is under attack by the San Francisco-based tech company. It also ...
Uber partners with Motional to trial driverless food delivery in 2022
Uber Technologies Inc. today announced it’s partnering with autonomous vehicle company Motional Inc. to do a trial of driverless food delivery in 2022. Motional is a joint venture between Hyundai Motor Co. and Aptiv Plc to combine Aptiv’s self-driving car technology with Hyundai’s car-making skills. The company claims that it’s at the forefront of the ...
Reddit, ‘front page of the internet,’ files confidentially for an IPO
Reddit Inc. announced late Wednesday that it has confidentially filed its S-1 paperwork with the U.S. Securities and Exchange Commission to go public in the new year. The number of shares to be offered in the initial public offering and the price range have not yet been determined. Reddit noted that it’s in a quiet period ...
DHS launches bug bounty program with payments of up to $5,000
The U.S. Department of Homeland Security is offering payments of up to $5,000 under a bug bounty program called “Hack DHS.” The bug bounty program is designed to identify potential cybersecurity vulnerabilities within certain DHS systems and to increase the department’s cybersecurity resilience. The bug bounty program is not a free-for-all, however, with only vetted ...
Alleged state-sponsored hackers target Log4j vulnerability as fears of a worm emerge
Attacks exploiting the Apache Log4j vulnerability are continuing to expand, as multiple state-sponsored advance threat groups are now believed to be using the vulnerability and fears emerge that a worm could exploit the vulnerability. The Log4j vulnerability emerged last week and has been described by Jen Easterly, the head of the U.S. Department of Homeland ...
Meta expands bug bounty program to cover scraping, adds new education opportunities
Meta Platforms Inc. today announced a new enhancement to its bug bounty program with the launch of an industry-first bug bounty program for data “scraping” as well as offering further education opportunities for researchers. The Meta bug bounty program will now award valid reports about scraping methods, even if the data they target is public. The program ...
Enterprise API security startup Noname Security raises $135M on $1B valuation
Enterprise application programming security startup Noname Security today announced it has raised $135 million in new funding to fund the global expansion of its go-to-market and research and development teams. Georgian and Lightspeed led the Series C round. Also participating in the round were Insight Partners, Cyberstarts, Next47, Forgepoint and The Syndicate Group. The round was raised on a ...
API security startup Cequence raises $60M to expand product offerings
Application programming interface security startup Cequence Security Inc. announced today that it has raised $60 million in new funding to support enhancements to its solutions expand its product offerings. Menlo Ventures led the Series C round. Also participating in the round were ICON Ventures, Telstra Ventures, HarbourVest Partners, Shasta Ventures, Dell Technologies Capital and T-Mobile ...
LogMeIn to spin off password manager LastPass as a separate company
LogMeIn Inc. today announced that it plans to spin off its password manager LastPass as a separate company. The decision, coming two years after LogMeIn was acquired by Francisco Partners Management and Elliott Management’s Evergreen affiliate for $4.3 billion, is said to allow LastPass to increase focus, investment and support for its business. LastPass was previously acquired by LogMeIn ...
Criminal groups continue to exploit Apache Log4j vulnerability with ransomware and malware
Criminal groups and even suspected state-sponsored hacking groups continue to exploit a serious vulnerability in Apache Log4j with ransomware and other forms of malware. According to research from Check Point Software Technologies Ltd., the number of attacks seeking to take advantage of the vulnerability continues to rise, from 40,000 attacks on Dec. 11 through to more than ...