Feeds

Articles about 15m

PlayStation Network

Sony tries to make PlayStation Network hack row go away with $15m in cash and games

Sony has offered a $15m settlement to gamers after its PlayStation Network (PSN) was comprehensively pwned, but it refuses to admit that it was at fault. In April 2011 the Japanese giant was forced to shut down PSN after hackers got into its system and pillaged user accounts for information. While credit card information was …
Iain Thomson, 24 Jul 2014

Feds charge three in brain-ache $15m Pentagon payroll pillage plot

Three men have been indicted in the US for trying to steal at least $15m by hacking into the Department of Defence's payroll service and customer accounts at 14 different financial institutions. The US Attorney's office in New Jersey has charged two men from Kiev in Ukraine, Oleksiy Sharapka and Leonid Yanovitsky, and a third …

Docker loads up $15m to push containerization into bit barns

Containerization expert Docker has slurped $15m in filthy valley lucre to help it push its tech further into data centers under the leadership of a new, experienced chief executive. The funding will give the company the money needed to grow its engineering team while also ploughing more money into sales and support, says new …
Jack Clark, 22 Jan 2014
grab_that_cash

Launchpads, catapults... what a load of - WAIT, there's £15m for grabs?

Techies and investors with bright ideas for commercial video, imaging and games businesses can apply for a slice of £15m this month – if they can wade past the quango-ese jargon of "catapults" and "launchpads". It's all intended to commercialise good ideas. Created by Gordon Brown in 2007, the Technology Strategy Board (TSB) …
Andrew Orlowski, 23 Sep 2013

Microsoft's $15m won't last forever: Quantum, CommVault to flog new backup kit

Quantum is still chewing on its $15m royalty payout from Microsoft, but that was a one-off, and it needs to make plans if it doesn't wish to go hungry again. To that end, the storage firm is adding a dash of Simpana software to boost the growth of its Lattus object storage business. It has also introduced a new virtual …
Chris Mellor, 28 Aug 2013
The Register breaking news

Aussie nano tech project gets AU$15m in global VC funding

A Queensland-based nanotech start-up has secured AU$15m in funding from a group of international biotechnology investors. Venture capital firm One Venture is backing the creation of start-up vehicle Vaxxas, which will allow the University of Queensland’s Australian Institute for Bioengineering and Nanotechnology (AIBN) Professor …
cloud

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 …
Chris Mellor, 03 Jul 2014
Cassini image of Jupiter. Pic: NASA

NASA robot plans mid-2020s trip: Europa. Wet, radioactive life forms (hopefully). Bliss

NASA is plotting a mission to send its robotic lander to Europa, one of Jupiter's moons and the place deemed most likely to host life. The American space agency has reserved $15m of its $17.5bn annual budget to pay for a robotic journey to the icy moon. "Europa is a very challenging mission operating in a really high radiation …
Jasper Hamill, 05 Mar 2014
globalisation

Recovery-ware startup Zerto uncloaks, scoops $15m

Secretive recovery software start-up Zerto has closed a $15m financing round just weeks after emerging from stealth mode. Zerto provides VMware hypervisor-based replication enabling disaster recovery for virtualised server applications. This is more flexible, Zerto says, than relegating replication to storage arrays, and is …
Chris Mellor, 16 Aug 2011
The Register breaking news

Feds seize $15m from scareware monger's Swiss account

Federal authorities have seized $15m from a fugitive accused of bilking millions of people in scareware and counterfeit antivirus software scams. Mugshot of Jain provided by ICE Mugshot of Shaileshkumar Jain Members of the Department of Homeland Security's Immigration and Customers Enforcement division confiscated the $14.8m …
Dan Goodin, 09 Jun 2011
The Register breaking news

Cable thieves cost UK rail £15m a year

Copper thieves are costing Network Rail £15m a year and causing 6,000 hours of delays. In the last three years the thefts have cost £43m, and last year attacks went up 52 per cent to an average of six a day. In 2010/2011 there were almost 1,000 cable thefts at a cost of £16.5m. But British Transport Police, which now has a …
John Oates, 10 May 2011
management management4

EMC veteran Poole jumps into UK channel director's chair

Time is going to become a precious commodity for EMC’s latest channel boss, Russell Poole. Along with his new big cheese role, he also plans to hang onto his other day jobs of heading up the public sector and service provider teams. The company veteran is to replace Terry Beale - who has taken on a Euro role running the XtremeIO …
Paul Kunert, 05 Aug 2014
channel

Fujitsu wins £15m Welsh supercomputer bid

Fujitsu has won the bid to power Wales's high-performance computing (HPC) ambitions with a £15m, four-year project to build a supercomputer grid using Primergy Xeon servers and InfiniBand. The HPC Wales system is a hub-and-spoke design, with two connected hubs at Cardiff and Swansea/Pembroke Dock, connected by Mellanox-supplied …
Chris Mellor, 22 Mar 2011
Minority Report. Source: Twentieth Century Fox Home Entertainment

MPs to gaze upon biometric data industry's ID-gobbling tech

The growing use and slurping of biometric data is to be probed by MPs sitting on the UK's science and technology committee this autumn. An inquiry has been opened following the failure of the Home Office's Iris Recognition Immigration System, which was axed by the Tory-led coalition government in 2012. Politicos on the panel …
Kelly Fiveash, 12 Aug 2014
Photo of a stack of $100 bills

Google has spaffed more cash on lobbying this year than Big Cable

Google has single-handedly outspent Big Cable in terms of lobbying dollars so far in 2014. The ad giant spent $9.3m compared to the $8.15m spent by the NCTA, the National Cable & Telecommunications Association, according to the Open Secrets website, which keeps count. The NCTA represents Time Warner and Comcast and is run by …
Andrew Orlowski, 01 Sep 2014

CloudControl to major chum: We'll gobble Docker's dotCloud

Docker has sold off its dotCloud platform-as-a-service (PaaS) offering so that it can concentrate on its much-buzzed-about eponymous Linux application container technology. According to an announcement at the end of last week, the dotCloud PaaS will keep its name, but it will now be operated by German PaaS outfit cloudControl, …
Neil McAllister, 04 Aug 2014

EMC channel boss: Make a bet – us or the rivals

The shiny new and to some controversial revenue threshold laden partner programme on the way from EMC was designed to cut out the dead wood, the EMEA channel veep claims. The Business Partner Programme launches in January and resellers have until the start of November to sell a requisite amount of gear to get accredited: $65m …
Paul Kunert, 01 Aug 2014
management strategy2

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 …
Paul Kunert, 02 May 2014
A boat full of Fail

Stock and awe: Top City biz takes £32m hit after software upgrade axed

A leading City firm has halted the roll-out of software that was supposed to streamline its business but became more trouble than it was worth. Specifically, £32m of trouble. Brewin Dolphin, in Smithfield St, London, alleged to investors it encountered “issues” with the "robustness" of a specialist financial application. It …
Gavin Clarke, 19 May 2014
Windows XP boot screen

Win XP war, huh! What is it good for? Enormo IT reseller Insight

A currency tailwind in EMEA, PC munching customers fleeing from Windows XP support doom on both sides of the Atlantic, and far leaner restructuring charges lifted Insight Enterprises' Q1 2014 financials. The Fortune 500 tech reseller reported a year-on-year three per cent hike in sales to $1.2bn in the period from January to …
Paul Kunert, 02 May 2014

US giant Avnet plots cost slash fest in EMEA enterprise tech arm

The EMEA wing of enterprise distie Avnet Technology Solutions is again in cost-cutting mode after a double-digit sales dive blighted a growth spurt across the pond as local PC system builders missed out on the XP refresh. Revenues for Q4 of fiscal’14 ended 28 June were $2.73bn, up 0.3 per cent on an organic basis, or 4.2 per …
Paul Kunert, 07 Aug 2014
The Register breaking news

Feds crack phone clone scam that cost Sprint $15m

Federal prosecutors have uncovered a scam that used tens of thousands of cloned cellphones to defraud Sprint out of $15m in lost long distance revenue. The operation dates back to at least the latter half of 2009, when cellular customers began complaining that they were billed for international calls they didn't make, according …
Dan Goodin, 01 Sep 2010
Ocean yacht

Batten down the hatch- ... oh. Quantum's actually close to growth

It’s Quantum quarterly results time. The temptation is to immediately think same old, same old, but is its drawn-out recovery finally becoming visible? The top-line numbers don’t show it. First quarter fiscal 2015 revenues were $128.1m, almost $20m down on the year-ago quarter and a smidge up, just $100,000, on the previous …
Chris Mellor, 24 Jul 2014
Roy Lichtenstein Wham! Bang!

DRAM whammer Kaminario bigs up K2 biz

Upstart Kaminario seems pleased with its position at the summit of flash array performance with its SPC benchmark-topping K2 all-flash arrays. But this mid-pack player may need to emerge from the herd to prove it has what it takes. Gartner pegs Kaminario as a visionary in the networked AFA (all-flash array) market. The startup …
Chris Mellor, 01 Sep 2014
Broke - empty pockets

EMC partners fear rebate dive in new channel programme

There will be financial implications for EMC's partners that slip down the accreditation stack from next year, the storage giant's UK and Ireland channel boss Terry Beale has confirmed. From January, under the Business Partner Programme (BPP) EMC is to introduce a revenue threshold of $1.25m to become a Silver certified partner …
Paul Kunert, 06 Jun 2014

Cash-laden backers chuck $35 MEELLLION into the clouds

Venture capitalists have been tossing money into the burgeoning cloud space with a $10m funding boost to cloud storage gateway upstart Nasuni and the chucking of $25m into cloudy backup firm Druva's burlap sack. Nasuni's fresh $10m funding round takes its total funding to $53m. Here's the funding history from Crunchbase: …
Chris Mellor, 13 Aug 2014
The Register breaking news

Phorm gets £15m lifeline

Phorm has today raised a £15m war chest by selling almost a fifth of itself to institutional investors at less than a quarter of its price last year. It'll use the cash to cover its operating costs while ISPs continue to mull its web monitoring and profiling system. The firm sold 3.3 million shares at £4.50 each. It has been …
channel

IBM bags £15m borders deal

The Home Office has awarded a support deal to extend the use of its Semaphore border system, following the cancellation of the e-Borders contract. The government awarded the support deal to IBM without a competition, as it said that as the current supplier it is the "only possible provider" capable of keeping Semaphore in action …
Kable, 29 Oct 2010
channel

Overland gets $15m tide-us-over cash

Overland Storage is raising $15.4m to tide it over before new product sales lift revenues. That's our take on the struggling data protection and storage appliance vendor's private placement of 8,722, 904 common stock shares plus warrants to buy up to 3,838,069 more. These warrants have an exercise price of $1.71 per share and …
Chris Mellor, 17 Mar 2011
cloud_channel

Cloud storage gateway firm: Selling to end users? Meh. We'll leave it to CSPs, et CTERA

A briefing from folks at cloud storage gateway upstart CTERA revealed there was more to the firm than Reg storage desk had thought. CTERA was founded by Liran Eshel and Zohar Kaufman after experience running a company in the SMB network security area and producing appliances. Eshel is CTERA’s CEO and Kaufmann its VP for research …
Chris Mellor, 10 Apr 2014

Insight CEO: We've found bottom line balm to soothe Microsoft pain

Microsoft’s heftiest enterprise licensing pal Insight Enterprises is now managing the biting fee reductions emanating from Redmond to such an extent that it feels enough comfort to lift bottom line forecasts for 2014. In contrast, as the reseller titan rolled out Q2 numbers showing revenues stagnation, it pulled down estimates …
Paul Kunert, 01 Aug 2014
T-Mobile modem

T-Mobile US to raise nearly $2bn in share sale to splurge on spectrum

T-Mobile US has announced it will be selling off a bunch of new stocks to bring in nearly $2bn to spend on spectrum. America's fourth largest mobile service provider said it would offer 66.15m common shares and use the proceeds for a whole bunch of vague corporate stuff and for "opportunistically acquiring additional spectrum …

OAR-some! 18ft SEA SERPENT discovered off US coast

A marine boffin has come across a terrifying 18-foot "sea serpent" off the coast of California. Youtube Video Marine science instructor Jasmine Santana was swimming along the coast of Catalina Island when she came across the huge beast, which was actually a rare oarfish, but nonetheless the "discovery of a lifetime", according …

SCC: Blighty biz cracked open wallets in 2014, and not JUST for Windows XPocalypse

Customers fleeing end-of-support Windows XP doom coupled with boosts in data centre hosting and managed services wins fuelled top and bottom line goodness at reseller titan SCC in the recently closed fiscal '14. The Birmingham-HQ'd channel giant pushed up turnover for the year ended 31 March by 9.5 per cent to £1.74bn as …
Paul Kunert, 12 May 2014
fingers pointing at man

Symantec sues counterfeit ring for $15m+

Symantec is seeking damages of more than $15m from a gang of counterfeiters, for selling fake copies of its software worldwide. It has filed civil suit in the US District Court in Los Angeles against seven individuals, two companies, ANYI and SILI Inc., and eight associated business fronts. It says this group targeted the US …
Drew Cullen, 13 Dec 2006

Met cops to collar up to £20m of IT gear a year from US giant Insight

US reseller Insight Enterprises has cut a multi-year deal with London's Metropolitan Police to supply infrastructure kit and software worth up to £20m annually – just as the Sprint ii purchasing framework nears its end of life. Sprint ii is a cross-public-sector single-supplier agreement won by SCC in April 2010; it made SCC the …
Paul Kunert, 14 Mar 2014
The Register breaking news

Blade Runner house yours for $15m

Fans of Blade Runner with very, very deep pockets are directed to Frank Lloyd Wright's 1924 Ennis House, which featured in the movie and is up for grabs for a modest $15m. The Ennis House. Pic: The Ennis House Foundation The last of the architect's four "Textile Block" abodes, the 6,000-square-foot Mayan-inspired pad was built …
Lester Haines, 22 Jun 2009
channel_teaser_exit

Exit stage left: Two more Insight big cheeses clear their desks

Change remains the order of the day at Insight Enterprises after it emerged that another couple of senior figures are on the way out. It has been confirmed that EMEA marketing director Ashley Gatehouse and veep of global sales Frank Bitoun are walking in the footsteps of other execs who have recently been made redundant. …
Paul Kunert, 12 Nov 2013

Distie giant Tech Data's profits collapse amid beancounter probe

Fresh from restating P&L accounts for fiscal 11', '12 and '13, box-flinging demon distie Tech Data has released some delayed numbers for the nine months to 31 October and they make for happy reading… if you are a rival. The world's second largest tech wholesaler earlier this month published a report on the embarrassing …
Paul Kunert, 25 Feb 2014
London BMW 5-Series police car

Auditors blast Blighty cops over binned multi-million pound IT project

A new report has been highly critical of a failed £15m IT project for Surrey Police that was eventually binned by the cops. Auditors Grant Thornton published the report today on behalf of the government's Audit Commission, which said the Surrey Integrated Reporting Enterprise Network (SIREN) project had been “poorly managed”, “ …

EMC partners yowl in pain at new channel-chumship badge rules

EMC has let the cat among the pigeons, introducing eye-watering revenue thresholds for channel partner accreditations that some fear will relegate smaller tech-savvy resellers to the lower ranks. Under the planned Business Partner programme overhaul, the storage titan has written to partners to tell them of the specific sales …
Paul Kunert, 30 May 2014

QUIDOCALYPSE: Blighty braces for £100 MILLION cost of new £1 coin

As we predicted yesterday, it hasn't taken coin-guzzling machine operators long to kick off moaning about the cost of converting kit to accept Blighty's new 12-sided quid*, slated to hits the streets in 2017. The proposed 12-sided pound coin. Pic: The Royal Mint We suggested the retrofit bill for the old thrupenny-inspired …
Lester Haines, 20 Mar 2014
Docker Red Hat

Red Hat: We've got a corker for Docker Linux locker app hawkers

Red Hat has woken up to the growth of Linux containers – cough, cough, Docker – and has begun certifying applications running in the sandboxing tech. The Red Hat Container Certification program was announced on Tuesday, and essentially checks that a piece of software can be executed safely and securely in a container on Red Hat' …
Jack Clark, 11 Mar 2014

Scotland Yard defends single supplier IT gig with Insight

London's Metropolitan Police has defended its use of a single supplier procurement standard after it penned a four-year deal with IT hardware outfit Insight, claiming it could yield cost savings of up to ten per cent over the contract's lifetime. The previous buying arrangement that London cops had with SCC under the Sprint ii …
Paul Kunert, 18 Mar 2014
The Register breaking news

Camby cash crypto-coders Cronto chomped on pronto by Vasco

Swiss software firm Vasco has bought Cambridge-based banking security specialist Cronto in a deal valued at up to £14.5m. Vasco will pay $19.3m (€15m, £12.7m), and a further $2.6m (€2m, £1.8m) depending on future earnings, to get its hands on the British upstart's malware-defeating technology. Its software attempts to shield …
John Leyden, 22 May 2013

Nokia: What to do with our euro BEELLIONS... Eh, let's spaff some on connected cars

Nokia has just announced that one of the things it is going to do with its newly acquired money mountain is to invest $100m of it (€71.7m, £58.9m) in connected cars. This is a bit of a change of heart for the Finnish firm, which six years ago sold its automotive business to the German VC Novero. But these are different times …
Simon Rockman, 06 May 2014
The Register breaking news

Mozilla gets away with $1.5m tax bill in Googlebucks settlement

Firefox maker Mozilla will cough up $1.5m after it came under scrutiny for insisting it shouldn't pay tax on the vast revenue it gets from Google. The non-profit organisation had argued that the search engine's contributions are royalties and therefore non-taxable. But on Saturday, Mitchell Baker - who is chairman of the …
Kelly Fiveash, 05 Nov 2012

Microsoft took away $4m of our profits, laments mighty reseller

The cost of redundancies and restructuring together with the biting changes Microsoft made to sales incentives almost wiped out the profit that Insight Enterprises made in EMEA during Q4, closing the curtains on a year of change. The reseller titan reported a five per cent regional sales spike to $397.6m in the final quarter of …
Paul Kunert, 13 Feb 2014
New infantry kit modelled by British troops. Credit: MoD

Army spaffed MILLIONS up the wall on flawed Capita online recruiting system - report

The Ministry of Defence's implementation of a computer system for an online recruitment drive has reportedly been far worse than the "teething problems" the UK government coughed to in December. According to The Times (subscription needed), the British Army's £1.3bn scheme to allow the MoD to privatise its recruiting and move it …
Kelly Fiveash, 14 Jan 2014
The Register breaking news

Palin demands $15m to search her own emails

US vice presidential candidate Sarah Palin isn't saying citizens interested in open government can't get access to her emails. She's just saying it will cost a little. The office of the Alaska governor, which by state law is required to make such messages public, says it could cost more than $15m for anyone conducting an …
Dan Goodin, 18 Oct 2008