Articles about 10m

Rubik_cubes

Rubrik back-up killer emerges into daylight with $10m in funding

Rubrik, the enterprise data management start-up, has come out of stealth with $10 million funding – including Silicon Valley elite cash contributions – and an intention to knock over Symantec, EMC, CommVault and Veeam in the back-up space. Angel investors include: John Thompson, ex-Symantec CEO and current Microsoft chairman; …
Chris Mellor, 24 Mar 2015
South Park Ginger Cow episode

Broadband bumpkin BONANZA: 8 altnets shortlisted for £10m UK.gov subsidy

The government has earmarked a £10m wad of broadband cash for eight outfits whose bids were shortlisted for what the Ministry of Fun described as the "feasibility stage" to bring faster internet connections to hard-to-reach parts of Blighty. It said the Tory-led Coalition was "focusing on exploring ways to reach those premises …
Kelly Fiveash, 19 Jun 2014
Magma testing in the laboratory

Brits to vote: Which pressing scientific challenge should get £10m thrown at it?

Regular Brits are going to get to decide which of humanity’s challenges will get a £10m shot at being solved, in a new prize from the UK government and charity NESTA. The Longitude Prize wants to hand over the millions to the best idea for sorting out one of six problems facing the human race - eco-friendly flight, sustainable …
Love

Dating website for damaged-stiffy sufferers suffers stiff damage: £10m bill for leak

PositiveSingles, a dating website for people with sexually transmitted diseases, is facing a $16.5m (£10.4m) bill – after breaking a promise to keep its users' sensitive info confidential. The site is part of an online network for lonely hearts run by Canadian firm SuccessfulMatch. It promised users that the site was "100% …
Iain Thomson, 07 Nov 2014
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

Autumn Statement 2013 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
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
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

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

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
channel

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

Target settles with MasterCard for US$19 million

US retailer Target's ongoing attempts to mop up after its colossal data breach have taken another step forward, after it settled with MasterCard. The deal will see the retailer toss US$19m into a pot that MasterCard will use to make “alternative recovery offers … to eligible MasterCard issuers worldwide that issued MasterCard- …
Simon Sharwood, 16 Apr 2015

Moshi Monsters' daddy Mind Candy: Falling sales, £2.2m loss...

Profits at Shoreditch darling Mandy Candy plunged into the red in 2013, with the company recording a £2.2m loss for the full-year 2013, compared with profits of £8m for 2012. During the same period revenue at the company - which has brought the world kiddy virtual-playland Moshi Monsters - fell by more than one-third to £22.19m …
Kat Hall, 14 Nov 2014
Dyson DC37 vacuum cleaners

Daddy Dyson keeps it in the family and hoovers up son’s energy biz

Blighty billionaire inventor, philanthropist, and land owner Sir James Dyson has snapped his son's energy efficient lights company, Jake Dyson Products, placing Dyson Junior in pole position to take over the family biz. In an interview with the Financial Times Dyson said: “I want the business to remain a family business." He …
Kat Hall, 10 Apr 2015
HTC One XL

HTC reveals recently embiggened Wang as thrusting new chief

Taiwanese phone-maker HTC has named co-founder Cher Wang as its next CEO. Wang will replace outgoing chief exec Peter Chou, who will take a "strategic new role" at the company as head of the HTC Future Development Lab. Chou joined HTC when it was founded 18 years ago and was promoted to president in 2004. The company said Chou …
Kat Hall, 20 Mar 2015
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
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
Dyson Heater

Battery bods Sakti3 hoover up $15m from power-hungry Dyson

Dyson has pumped $15m (£10m) into US solid-state battery start-up Sakti3 as part of its plans to invest £1.5bn into "future technologies". Last year Dyson said it wanted to branch into four new portfolios of technology over the next four years. James Dyson, founder and chief engineer, said: “Sakti3 has achieved leaps in …
Kat Hall, 16 Mar 2015
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

Target tosses US$10 million at victims of breach

US retailer target has reportedly agreed to settle lawsuits regarding its 2013 data breach for US$10 million, or up to $10,000 per litigant. Target was popped in late 2013, when it leaked up to 40 million customer records. The company's since caught a sueball from banks, shed its CEO and burned through $148 million, among other …
Simon Sharwood, 19 Mar 2015
gTLD graphic

What's the hot domain dot-news? Er, it's .news

Domain specialist Rightside has won the fight for the generic top-level domain dot-news and will roll it out in the middle of the year. The company acquired the rights to sell all domains ending in .news through an auction and its partner domain company Donuts – beating Amazon as well as several other specialist registry …
Kieren McCarthy, 20 Feb 2015
SpaceX launch

HOT HOVERSHIP-ON-HOVERSHIP ACTION: SpaceX ready for barge boing

SpaceX will be launching a cargo resupply mission to the International Space Station this evening. It will be the seventeeth Falcon 9 launch - and SpaceX are attempting to land the first stage in a controlled vertical descent to a floating platform once again. Were the rockets – typically jettisoned once the primary stage of …
hands waving dollar bills in the air

Half a BILLION dollars later and, PHEW, we're all done buying up dot-word domain rights

The auctioning of rights to new dot-word top-level domains has finally come to a close with the sale of .stream to portfolio company Famous Four. In the past week, four other gTLDs - .map, .living, .search and .fun - has also been resolved, with two of them going to Google. Over the past year, domain-name overseer ICANN has run …
Kieren McCarthy, 22 Apr 2015

Capita IT Services raises the axe AGAIN

Crapita Capita IT Services is to shutter the last surviving office for hosting unit OPENHIVE, and has given the resident staffers notice of redundancy. The integrator acquired the firm, formerly branded Synetrix, at the end of 2009, and took on 193 employees based at premises in the Midlands and the South East of England. …
Paul Kunert, 21 Jan 2015
big droplets falling from rain cloud

VMware cracks US$6bn for the year, says SaaS will slow growth

VMware today used its Q4 2014 earnings call to warn its revenue growth will slow because it's doing so well in the cloud. The overall picture is rosy for VMware, which announced a US$1,703 million quarter and $6.03 billion dollar year, up 15 per cent and 16 per cent respectively on the corresponding periods from 2013. Other …
Simon Sharwood, 28 Jan 2015
Three  UK Passports

Home Office splashed £35m trying to escape e-Borders contract

Exclusive The Home Office has so far splashed £34.6m in legal costs to extract itself from the disastrous £750m e-Borders contract run by Raytheon, The Register can reveal. In 2007, the Home Office contracted the defence company to design its e-Borders technology system to provide secure border control. However, by 2010 it had terminated …
Kat Hall, 19 Mar 2015

BPO playa Liberata stitches together its resellers' hit squads

Liberata has lobbed together its Microsoft licensing arm Trustmarque and cloudy biz Trinity, with the latter’s brand name set to disappear from view. The business process outsourcing firm added to its technology portfolio last summer with the speedy buy of Trustmarque, which changed accounting practises and then found itself …
Paul Kunert, 13 Jan 2015
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 …

RSA boss packs his fishing rod and heads for the hills

Art Coviello is retiring from his exec chairman role at the top of RSA, EMC's security business, leaving behind an acquisition that never bought in big bucks for the T Rex of the storage world, and was blighted by NSA backdoor revelations in 2013. RSA is known in the security world for its SecurID tokens and the fact that its …
Chris Mellor, 04 Feb 2015
Google logo

Google dangles $70m before new CFO to lure her from Wall Street

It took a $70m golden hello to entice Ruth Porat – Google's new chief financial officer – away from her role at Morgan Stanley. According to a filing with the US Securities and Exchange Commission, the material terms of Ruth Porat's offer letter included not only an annual base salary of $650,000, but also a set of three grants …
Shopping trolley. Pic: Mikey, Flickr

Coms: Yes, we DID appoint advisors to flog off our voice biz

Troubled London-listed Coms plc has publicly stated it is working with a business advisor to carve off part of its operation, following an El Chan report that it called upon Knight Corporate Finance (KCF) to sell its voice division. As revealed by us on Friday, Paul Billingham, founder and joint partner at KCF, was told to get …
Paul Kunert, 20 Apr 2015
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
The Register breaking news

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

Open ... and Shut 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
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
Merlin Data Center Power Room

Hyperconverged upstart Stratoscale raises $32m

Data centre software startup Stratocale has raised a further $32m in funding as part of a bid to take on the storage and virtualisation markets. The Israeli company drummed up funding from Intel Capital, Cisco Investments and SanDisk, as well as its original investors Battery Ventures and Bessemer Venture Partners – which last …
Kat Hall, 04 Nov 2014
BlackBerry Classic QWERTY key smartphone

Have it all: BlackBerry to port crown jewels to iPhone, Android

MWC 2015 At Mobile World Congress, BlackBerry said it will port key client platform features – like its soft keyboard, Universal Search and Hub – to iPhone and Android, and also throw them into its enterprise software bundles. It marks a huge leap along BlackBerry’s transition to a software services company – but CEO John Chen denied the …
Andrew Orlowski, 02 Mar 2015
gTLD graphic

.Free domains at Amazon while Google says bye to .family

The latest wave of auctions for new internet extensions has produced some interesting results. Google took part in each of the six top-level domains available to the highest bidder, but won just one - dot-PhD - leaving behind dot-free and, surprisingly, dot-tube (although it does own the rights to register domains under .youtube …
Kieren McCarthy, 16 Mar 2015
Kim Dotcom at the NZ parliamentary hearing

Kim Dotcom Dotcan remain on bail, despite Fed protests

The US Feds have failed to get Kim Dotcom’s bail revoked ahead of the extradition hearing in New Zealand to decide if he will have to go stateside to face online piracy charges. The Megaupload founder has avoided awaiting the hearing in jail as an Auckland court has rejected the idea that he might be a flight risk, as well as …
Alarm clock

Atlantis Computing CEO stands down

+Comment After just four months as Atlantis Technology CEO and president, Jason Donahue has left, and has been replaced by founder and now ex-chief technology officer Chetan Venkatesh. The company's management page now has Venkatesh listed as chief. Atlantis has RAM-using server and VDI virtualisation software technology products called …
Chris Mellor, 12 Jan 2015
Herdwick sheep walk towards the camera

What time do you call this, BT? Late, state-funded broadband rollout plods on

Readers may recall a time when the Tory-led UK government trumpeted plans to have the best broadband connections in Europe by, well, now. That dream was shattered, however, when progress on the Broadband UK (BDUK) project stalled, in part due to intervention from Brussels' competition officials, who had questioned BT's tight …
Kelly Fiveash, 09 Feb 2015
Tangled magnetic tape

WD punts cash at ... no, it couldn't be... another 'tape library killer'?

+Comment WD Capital has invested $10m in object storage startup Amplidata and has put its HGST unit to work developing a set of high-capacity storage systems with Amplidata, using the latter's Himalaya software. El Reg storage desk believes the end game is intended as a tape library killer. Verizon is building a Himalaya-based cloud …
Chris Mellor, 09 Sep 2014
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 …