Articles about 10m
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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, …
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 …
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 …
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 …
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 …
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 …
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, …
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 …
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, …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
Concurrent crams venture capitalist cash into its big Hadoop port
Hadoop startup Concurrent has slurped $10m in Series B filthy valley lucre as a new sense of enthusiasm breathes life into the "big data" community.
Concurrent announced its round on Monday. The company stewards Cascading, a free bit of software that helps devs do application development on top of Hadoop.
The company ran into …
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 …
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 …
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 …
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 …
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 …
European Space Agency demos MARS LANDINGS BY DRONE
The European Space Agency has used an off-the-shelf quadcopter to demonstrate the latest output of its StarTiger rapid-development program: precision guidance and safe delivery of a rover-like vehicle onto a simulated Mars surface.
Getting to Mars is one thing, but as the ESA knows only too well, executing a successful landing …
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 …
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 …
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 …
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 …
Terror in Cloudland? CTERA trousers $25m investment
Cloud storage gateway hopeful CTERA Networks has closed a $25 million funding round.
The cash will go towards building out its world-wide go-to-market organisation.
The round was led by Bessemer Venture Partners with participation from existing CTERA investors Benchmark Capital, Cisco, and Venrock. CTERA calls it a C-round but …
Capita: We've spent £150m on acquisitions... SHOW US the MONEY
Serial acquirer Capita IT Services reported a low-single digit revenue jump for the first half of calendar 2014, but given the numerous acquisitions made this looks to be something of a commercial damp squib.
The techie arm bulked up sales by just 2.7 per cent year-on-year to £235m in the period, not including the £60m worth of …
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 …
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 …
Bytes Tech Group in 'early' talks with acquisition target
Bytes Technology Group (BTG) is courting management at a software services target as the ink still dries on yesterday's contract to offload its Xerox concessionaire.
The Surrey-based business that has South African owners, sold the Bytes Document Solutions to fellow Xerox player Xeretec for an undisclosed sum as it was not …
How's VMware doing? Like a bull in a China shop, boasts virty beast
VMware revenues have risen 17 per cent on the back of the company signing several lucrative multi-year licensing agreements.
The virtualization giant reported its second quarter of 2014 financials [PDF] on Tuesday, with revenues of $1.46bn and earnings-per-share of $0.81 both beating analyst expectations of $1.44bn and $0.79 …
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 …
Securo-borg FireEye coughs $70m to buy 'flight-recorder-for-networks' tech
Security vendor FireEye has bought network forensics firm nPulse Technologies in a $70m deal.
FireEye is stumping up $60m in cash and $10m in stock to get its hands on nPulse, a privately held startup that boasts it offers the industry's fastest full packet capture and indexing technology.
nPulse’s forensics will be integrated …
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 …
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 …
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 …
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 …
Former Insight boss Fenton slurps Microsoft ERP channel biz
Former Insight EMEA president Stuart Fenton has picked up the UK arm of global Microsoft ERP integrator Tectura - the first in a planned mid-market roll up.
The acquisition of London-based Tectura UK, a subsidiary of US firm Tectura Corporation, was completed by Fenton and his investment biz QuantiQ.
After a decade running …
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 …
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 …
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 …
