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Articles about 10m

eyeofSauron

RSA comes out swinging at claims it took NSA's $10m to backdoor crypto

RSA has hit back at allegations stemming from Edward Snowden's latest whistleblowing – specifically, the claim that it secretly took US$10m from the NSA in exchange for using the deliberately knackered Dual Elliptic Curve Deterministic Random Bit Generator (Dual EC DRBG) in its encryption products. The EMC-owned security outfit …
Simon Sharwood, 23 Dec 2013

How much did NSA pay to put a backdoor in RSA crypto? Try $10m – report

The mystery of why RSA would use a flawed, NSA-championed algorithm as the default random number generator for several of its encryption products appears to be solved, and the answer is utterly banal, if true: the NSA paid it to. Reuters reports that RSA received $10m from the NSA in exchange for making the agency-backed Dual …
Neil McAllister, 21 Dec 2013
George Osborne looking like he means it

UK.gov dangles £10m sweetener over bumpkin broadband hopefuls

The government plans to slip £10m into the pockets of outfits willing to test alternative ways to bring superfast broadband access to those bits of Blighty left untouched by BT's fibre-to-the-cabinet technology rollout. The extra funding was announced ahead of Chancellor of the Exchequer George Osborne's rambunctious Autumn …
Kelly Fiveash, 05 Dec 2013

Netflix original TV shows gamble pays off... to the tune of 10m new viewers

Netflix's foray into original programming has paid off, with global subscriber numbers jumping past 40 million and profits quadrupling from the same period last year. Kate Mulgrew in Orange is the New Black Kate Mulgrew in Orange is the New Black. Credit: Netflix The online video streaming firm said its net profit was $32m in …
BlackBerry Messenger (BBM)

Just HALF of 10m iPhone, Android BlackBerry BBM app downloads activated

Ten million people have apparently downloaded the new BlackBerry Messenger (BBM) app for Android or iOS in just 24 hours. But with activations being metered out in half-million lumps it will be a while before they can all start chatting. The app, which brings BlackBerry Messenger to Android and iOS gadgets, was launched on …
Bill Ray, 23 Oct 2013
Joe Tucci EMC

Trouble closing the wallet, Joe? EMC boss Tucci's cloudy shares rain $10m

EMC CEO and chairman Joe Tucci has earned himself a cool $10.5m after selling hundreds of thousands of shares in the storage biz. Tucci made $10,583,406.96 from selling 400,000 EMC shares on 30 July and 1 August, according to the SEC Form 4 website, which links to this SEC filing. Tucci's transaction consisted of selling 192, …
Chris Mellor, 05 Aug 2013
The Register breaking news

SEC slams NASDAQ with $10m fine for Facebook IPOcalypse

NASDAQ is forking over $10m to the Securities and Exchange Commission as penance for its poorly executed Facebook IPO. The fine was levied against the exchange for the Facebook IPOcalypse, which saw punters at first unable to buy shares in Zuck & Co's data farm social network, and then able to buy but only at unreliable prices …
Jack Clark, 29 May 2013

HMRC hops back into bed with Microsoft, finds purse £10m lighter

IT reseller Computacenter has brokered an Enterprise Agreement (EA) between Microsoft and HMRC valued at roughly £10m. The agreement entitles Blighty's taxmen to volume discounts on Redmond gear, upgrades and more over the next three years. It is understood Computacenter will take a small cut for hooking up the two organisations …
Paul Kunert, 09 Jan 2013
The Register breaking news

Investors shovel another $10m of 'fuel' onto the SkyFire

Cloud-optimised browsing company SkyFire has landed another $10m investment, on top of the $30m it has already spent, to push its mobile browsing solution into Europe and Asia. Mobile browsing optimisation company SkyFire has raised another $10m from investors, on top of the $30.5m that has already been poured into the company …
Bill Ray, 15 Oct 2012
The Register breaking news

BT and Virgin sue over £10m state-funded Birmingham broadband

BT and Virgin Media have thrown another legal block in front of a £10m investment in Birmingham's broadband infrastructure. The two telcos are dragging Birmingham City Council back to the European Commission by challenging a decision to allow the City council to improve broadband pipes. It means that the £10m investment plan in …
Anna Leach, 22 Oct 2012

Dell greases Euro storage partners' palms with $10m

Dell is putting $10m discount dollars on the table for Western Europe channel partners who close enterprise business by the end of the year. Partners will get their cash via an additional discount of 5% on all "qualifying" orders between now and New Year’s Eve. The enterprise orders that count are Dell PowerEdge, Compellent, …
Chris Mellor, 14 Nov 2012
The Register breaking news

Facebook shells out $10m for using users faces in adverts

Facebook has settled a suit that could have seen it compensating 150 million people in the United States. Facebook will pay out $10m to charity to settle a class action lawsuit that challenged the social network for using punters' mugshots in adverts. The case was settled on Friday, 15 June, and Facebook have agreed to pay out …
Anna Leach, 18 Jun 2012
The Register breaking news

Tiny Brit island stranded after £10m undersea fibre plea sunk

Days after walking away from the ITU treaty on global communications, which asked nations to connect up their islands, the UK confirmed it will not readily stump up the cash to do just that. The island in question is St Helena, a British territory smack bang in the middle of the South Atlantic Ocean. Its inhabitants need £10m to …
Bill Ray, 03 Jan 2013
cloud

Riverbed could snap up failed WAN optimiser for $10m

Riverbed is reportedly looking to pick up failed WAN optimiser Expand Networks for $10m, a pittance. Expand went into receivership in Israel in October 2011. It had been operating for 13 years and had benefitted from $100m funding, developing products that speeded up access from remote sites to a data centre's servers. In 2010, …
Chris Mellor, 03 Jan 2012
The Register breaking news

Dell, Intel and pal pump $10m into OpenStack biz Mirantis

Michael Dell’s computer giant, Intel and WestSummit have joined forces to inject a new open-source cloud vendor with $10m so that the startup can develop and sell its delayed OpenStack public cloud. The investment arms of the three tech giants - Dell Ventures, Intel Capital and China-based WestSummit Capital - awarded the cash …
Gavin Clarke, 10 Jan 2013
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EMC snaps up database optimiser for $10m

EMC is buying database optimisation company Zettapoint for a reported $10m. Privately held Zettapoint was founded in 2008, and funded by Jerusalem Venture Partners with just $1.5m. The company says its DBclassify software "provides unparalleled usage-based classification for optimising Oracle databases and their associated multi …
Chris Mellor, 05 Oct 2011
The Register breaking news

Open Data Institute pours golden £10m shower on upstarts

The Open Data Institute has launched with a taxpayer-funded £10m pot to turn the government’s public information dumps into something tangible. Or that's the promise. Based at Silicon Roundabout in London’s Shoreditch, the group is headed by web daddy Tim Berners-Lee and artificial intelligence professor Nigel Shadbolt. The …
Gavin Clarke, 23 May 2012
chart

Give the Met Office £10m, says Transport Committee

The Transport Committee is backing calls to hand £10m to the Met Office to spend on hardware to improve its long-term forecasting ability. The Committee reported yesterday on ways to reduce the impact of severe weather on transport links. Last year's winter in the UK arrived early and snow-filled and came as quite a shock to …
John Oates, 12 May 2011
Carbon nanotube

NAND then something new came along: Nanotube men get $10m

Nantero, a start-up developing carbon nanotube-based memory, has gained more than $10 million in a Series D funding round to help commercialise its NRAM technology and get licensees bringing products to market. NRAM is one of several candidates identified as potential successors to NAND, with others including Phase Change Memory …
Chris Mellor, 05 Dec 2012
globalisation

Southwest One gets £10m IBM loan amid 'staggering' losses

The leader of Somerset county council, Ken Maddock, has said that Southwest One is failing to deliver, that its accounts show "staggering losses" of £31.5m and "failures to hit modest savings targets". Southwest One was set up in 2007 as a joint venture between IBM, Somerset county council, Taunton Deane borough council and Avon …
The Register breaking news

GM snatchback of $10m Facebook ad cash = amateur move

Talk about bad timing. Right before Wall Street set up to open the curtain on Facebook's $100bn IPO, General Motors (GM), which spends $40m on its Facebook presence, announced that it's pulling the plug on Facebook advertising. The reason? Advertising on Facebook apparently hasn't worked. My question: how would GM possibly know …
Matt Asay, 18 May 2012
Star Trek Tricorder

X-Prize offers $10m for working Trek tricorder

Fancy getting your hands on $10 million? Of course you do. Then just grab a tool kit and build a working Star Trek-style medical tricorder. Simples. The X Prize Foundation, famed for innovative big-prize challenges in technical advancement, has outlined its next contest: make an all-purpose mobile device that can do a doctor's …
Caleb Cox, 12 May 2011
OpenStack logo

OpenStack Foundation launches with $10m in funding

The OpenStack cloud controller and related projects developed under the Big Red O are finally and officially free of Rackspace Hosting, which has by and large been steering its development since July 2010, when the project was founded. Unsatisfied with the closed nature of VMware's vCloud and the quasi-proprietary nature of the …
The Register breaking news

X Prize: Build a Star Trek 'tricorder' and win $10m

Make a portable body scanner that can detect 15 diseases and capture key health metrics and you could win 10 million dollars (£.6.5m). This year's X Prize - a global competition with the aim of improving the lot of humanity through invention – asks entrants to make a Star Trek-style "tricorder" that could revolutionise …
Anna Leach, 13 Jan 2012
The Register breaking news

Nokia dishes out $10m in developer prizes

Nokia is celebrating the fact that its Calling All Innovators competition finally brought in a majority of US developers, even if the grand winners were both from Finland. Those two winning entries were: a game involving sparking orbs, called Sparkle, and a picture-filtering application called ShutterPro. These entries each win …
Bill Ray, 26 Aug 2011
The Register breaking news

Why GM slammed the brakes on its $10m Facebook ads

In the week that Facebook finally went public, General Motors has axed its paid-for advertising on Mark Zuckerberg's social network. GM said today that it was still going to have a Facebook page and everything, but it wasn't going to buy any more ads because they just aren't shifting enough cars. It reportedly spent $10m on the …
Parliament in the clouds

Cabinet Office: Hey, forget those multi-BILLION pound deals...

The Cabinet Office has insisted the multi-billion pound software and hardware framework that is about to surface will complement and not overshadow its cloud-first policy. At the end of October, some £63.4m had been transacted on CloudStore since its launch in March 2012. The web catalogue lists accredited public sector …
Paul Kunert, 26 Nov 2013
Iceotope

Iceotope sounds like a kids' superhero – but it's a UK server-cooler maker that just bagged £6.1m

The UK's Sheffield-based Iceotope has grabbed $10m (£6.10m) in funding to help it push its liquid-cooling server tech into more data centres. The cash injection was announced on Monday, and should let the company double in size from 16 to more than 30 employees in the next year, Iceotope chief executive Peter Hopton told The …
Jack Clark, 14 Jan 2014
The Register breaking news

10m years ago there was less CO2 - but the Earth was WARMER

Scientists are puzzled today by the discovery that millions of years ago levels of carbon dioxide in the atmosphere were lower - and yet, temperatures were higher than today's. The revelations come in a new paper just published by hefty boffinry mag Nature, in which geoscientists probed the temperatures experienced by the Earth …
Lewis Page, 07 Jun 2012
channel

Satyam pays $10m to end fraud probe

Indian reseller and outsourcer Mahindra Satyam and its auditor PwC have paid a total of $16m to end a US investigation into fraud charges. The Securities and Exchange Commission said yesterday that failings by five PwC Indian subsidiaries allowed the massive fraud to go undetected for years. It said the problems were not limited …
John Oates, 06 Apr 2011
Google Glass

The iPad age is over: The time of the iPad Mini and phablet is upon us

The age of the iPad is over, as tablets like the iPad Mini that sport screens of eight-and-a-half or fewer inches will out-sell their larger brethren and come to represent the largest population of in-use fondleslabs around the world. So says global consultancy Deloitte in its annual Technology, Media and Telecommunications …
Simon Sharwood, 30 Jan 2014
Tim Berners-Lee, photo by Paul Clarke

Spread the gospel! Tim Berners-Lee's Open Data Institute goes global

The Open Data Institute, an organisation founded by web daddy Sir Tim Berners-Lee and AI prof Sir Nigel Shadbolt, has announced it's setting up 13 "nodes" around the world. The ODI, which is backed with a £10m cash pot provided by taxpayers and based at London's Silicon Roundabout, was created to help businesses use public …

AT&T turns spying on customers for CIA into cash waterfall – report

The Central Intelligence Agency is reportedly paying AT&T the princely sum of $10m a year in exchange for a detailed list of international calls made on its networks. Several government officials familiar with the program told The New York Times that the system is a voluntary one by the company, and was set up in 2010. It …
Iain Thomson, 08 Nov 2013
SOURCE: http://www.sxc.hu/photo/959469

How much mazuma does it take to not be Oracle?

NewSQL database slinger Clustrix has taken on $10m in funding to help fund a shift away from expensive hardware appliances and towards commodity hardware. The Series D funding was announced on Monday, and will see the company take on filthy Valley lucre to help it take advantage of the shift to low-end servers that has occurred …
Jack Clark, 19 Aug 2013
The Register breaking news

UK.gov plugs £10m into North Wales 'superfast' broadband rollout

The government is ponying up £10m to help deploy "superfast" broadband fibre in North Wales. Chancellor George Osborne announced the cash splurge today and said the funding would be used to roll out the early phases of the project in Pwllheli and surrounding areas of North Wales. It said the funds were allocated as part of the …
Kelly Fiveash, 10 Feb 2011
hands waving dollar bills in the air

Government says axing Becta will save £10m

The closure of Becta will save £10m over the next year, the government said yesterday. Former education minister and Labour MP Ed Balls tabled a parliamentary question in which he asked the Secretary of State for Education to estimate the cost and savings to the Exchequer expected from kyboshing the schools IT quango. "We …
Kelly Fiveash, 09 Jun 2010

Yet another pricey Olympics' exec drafted in by UK.gov - this time for broadband spending

The Tory-led UK government is desperate for success stories with its big IT projects. As Whitehall ministers increasingly confess to big problems with various tech deployments, they keep turning to the private sector - and specifically execs who delivered the London 2012 Olympic Games* - to help rescue troubled schemes. Step …
Kelly Fiveash, 15 Jan 2014

NASDAQ exchange stumbles AGAIN after 'human error' snafu

The NASDAQ stock exchange suffered yet another glitch yesterday, forcing it to halt trading in derivatives contracts linked to the Nasdaq 100 index. The latest in a series of hiccups at the all-electronic exchange was caused by "a human error", the exchange said in a statement. The snafu took out the Global Index Data Service …
Monster Beats Pro

HTC Beats off loss, but shares slip after disappointing quarter

HTC saw its shares slip 3.61 per cent in Taiwan as it narrowly avoided a quarterly loss, saved only by booking a profit from selling its stake in headphone brand Beats Electronics. The Taiwanese smartphone maker reported a worse-than-expected net profit yesterday, of just $300m ($10m) compared to a net loss in the previous …
channel

London Underground hands £10m to Capgemini

Capgemini has won a £10.5m contract with Tube Lines – the engineering company behind London Underground. The three-year contract extension runs until December 2013 and lengthens a deal first completed in 2005. Capgemini gets responsibility for application support for the first time and continues to provide desktop support (for …
John Oates, 09 Feb 2011

Blighty's schools shake on new 3-year deal with Microsoft

The Department for Education claims a three-year Memorandum of Understanding (MoU) with Microsoft will save schools £10m on licensing over the next three years, in part by "factoring freeware" into the deal. The agreement began 1 January and runs until the end of 2015 giving schools across the UK the option to buy Microsoft …
Paul Kunert, 11 Jan 2013
The Register breaking news

Insider data theft costs Bank of America $10m

A Bank of America insider who stole customers' personally identifiable information and gave it to identity thieves has cost the bank $10 million in losses, according to media reports. The unnamed employee and some 95 others involved in the scam were arrested in February, IDG News reported, citing a special agent with the US …
Dan Goodin, 26 May 2011
Cloudscaling logo

Juniper, Seagate stuff cash down Cloudscaling's OpenStack trousers

The founders at Cloudscaling - one of the myriad companies trying to become the "Linux of the cloud" by enhancing and commercializingthe OpenStack cloud control freak - have just landed a second wad of cash from investors. Cloudscaling was founded in the middle of 2009 by Randy Bias, the company's CTO, and Adam Waters, the COO …

Big data minnow swallowed by security player Accumuli

AIM-listed specialist security player Accumuli has coughed £1.9m for small Bracknell-based big data analytics reseller and integrator EQUALIS, it confirmed to the City today. This bolt-on-buy adds a seven-strong band of big data boffins that sell software from Splunk - for which EQUALIS is Blighty's only authorised training …
Paul Kunert, 02 Dec 2013
francis_maude_flames_evil

UK.gov: NO MORE tech deals bigger than £100m. Unless we feel like it

Tech titans that grew fat off the public sector purse should take note that IT contracts worth £100m and over are to become a thing of yesteryear - according to the government. This is one of a number of "red lines" that the Cabinet Office published today, in new regulations that are designed to loosen the grip that hefty …
Paul Kunert, 24 Jan 2014
Tony Blair closes the RSA 2012 conference

Infosec experts boycott RSA conflab over alleged 'secret' NSA contract

More security researchers are boycotting next month's US edition of the RSA Conference in protest against an alleged "secret deal" the company is said to have struck with the National Security Agency. Last month Reuters reported that the NSA "secretly paid" RSA Security $10m in return for making the Dual_EC_DRBG random number …
John Leyden, 08 Jan 2014

US giant Juniper bites off webby arm of Basingstoke's security boys

Brit managed security services player Accumuli has sold its Webscreen Systems Ltd (WSL) subsidiary to US giant Juniper Networks for $10m (£6.37m). AIM-listed Accumuli picked up DDoS software maker WSL as part of the Boxing Orange acquisition it made in March 2011, a deal which cost it £5.48m in total - meaning that outlay has …
Paul Kunert, 04 Feb 2013

Misco set to snap up Phoenix's network ops centre AND its staff

Phoenix IT Group is set to offload its network operations centre in High Wycombe to Misco, TUPEing across six staff in the process. The lease on the building is expected to be assumed by direct marketing reseller Misco, which, under the guidance of former Dell exec Pim Dale, is trying to rely less on tin shifting by building a …
Paul Kunert, 14 Feb 2014

Have PIXmania. In fact, have £59m with it too, Dixons tell German VCs

Dixons Retail has forked out £59m to convince German venture capitalist mutares AG to take loss-making web shop PIXmania off its hands. And so ends the retail firm's costly flirtation with the online gadget souk seven years after it coughed €266m for a 77 per cent stake in the biz and a little over a year after it bought the …
Paul Kunert, 27 Sep 2013
Scotland

Capita and Updata ink £325m Scottish PSN deal

Capita and Updata Infrastructure UK pipped BT and a joint bidding team from Vodafone and Virgin Media to scoop up the mega Scottish Wide Area Networking (SWAN) framework gig. The nine-year contract, valued at £325m, involves building and running a public sector network to be accessed by up to 4,600 sites in the country, …
Paul Kunert, 17 Feb 2014