Articles about 1m

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NetSuite's pre-Oracle curtain call: Growth and costs increase

NetSuite closed in typical fashion what promised to be the final quarter before it is subsumed by Oracle - growth in turnover continued, as did operating overheads and losses. The cloudy ERP firm reported Q3 results for the period ended September, while reiterating it will not give guidance for the fourth quarter and has …
Gavin Clarke, 24 Oct 2016
Image source: RT

Parliamentarians ask Obama to withdraw Lauri Love extradition request

A cross-party collective of 105 UK MPs has penned an open letter to US President Barack Obama, requesting that he intervene to withdraw the extradition requests for alleged #OpLastResort hacker Lauri Love. The letter is been signed by Culture Minister Matt Hancock MP, who is the Love family's constituency MP, as well as scores …
editorial only image of Whitehall. Pic Daniel Gale/Shutterstock

Glued-shut IT wallets hindered UK govt's programmes – study

Efforts by the previous UK government to rein in lavish Whitehall technology spending caused more harm than good in some instances. That's according to a new academic paper, titled Identifying the critical success factors for major government projects that incorporate IT or “digital” developments. It builds upon two …
Kat Hall, 21 Oct 2016

Barracuda's satisfying cloud meal offsets appliances dip

Barracuda can smile as another solid quarter's work, the appliance of cloud science as we might say, brings in revenue growth and profits. Total revenue for the cloud-using, data protection and security business grew 12 per cent year-over-year to $87.9m, compared to the estimated $81m at the end of the last quarter. Revenues …
Chris Mellor, 13 Oct 2016
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A robot kitchen? Whatever. Are you stupid enough to fall for this?

Are you the sort of gullible idiot with millions of pounds or dollars to splurge on a “robot kitchen”? No, us neither. Hey, when you have a vaporware “startup” offering something like this, what's reality got to do with it? Moley – for that is this startup's name – is punting a robotic kitchen, which it claims can rival …
Gareth Corfield, 13 Oct 2016

The dollars marched in two by two: Huawei tips $1m into Berkeley AI lab

Huawei is handing $1m to the University of California Berkeley’s AI lab to foster a research and development partnership between industry and academia. Berkeley Artificial Intelligence Research (BAIR) Lab will work with the Noah’s Ark Laboratory of Huawei to accelerate research into the main areas of AI, which includes “deep …
Katyanna Quach, 11 Oct 2016
MP Margaret Hodge in the Commons

'Facebook and eBay need to be subject to greater scrutiny' - Margaret Hodge

Former chair of the Public Accounts Committee Margaret Hodge has renewed calls for greater transparency of global companies' tax affairs - following revelations of Facebook and eBay's recent tax affairs. Companies House filings revealed this week that Facebook's UK business generated an £11.3m tax credit last year while …
Kat Hall, 11 Oct 2016
management intelligence

Violin stock low bow

Violin Memory stock dipped to $0.65 yesterday, a 12-month low point, valuing the company at just $14.1m. The firm's market capitalisation was $20.24m on 26 September, $31.3m in early May, and $76.5m in February; a spectacular fall. This is like water running out of a bathtub. Despite announcing that an existing customer had …
Chris Mellor, 11 Oct 2016
The box atop a wooden pallet

Inside the Box thinking: People want software for the public cloud

Analysis On-premises file sync and share and collaboration is yesterday's story. The future is the public cloud with dedicated software service suppliers, like Box. File sync, share and collaboration is not a feature, but a product, best expressed as a service (SaaS) through Box's three data centres and the public cloud, and not …
Chris Mellor, 10 Oct 2016

IBM Watson Xprize is a chance to make AI more open, says prize team

A $5m AI competition aimed at showing “how humans can collaborate with powerful AI technologies to tackle the world's grand challenges” has been launched by IBM Watson under the XPRIZE banner. IBM Watson XPRIZE leader Amir Banifatemi hopes to repeat the successes of the previous XPRIZE, a separate competition, with AI. “There …
Katyanna Quach, 07 Oct 2016

FBI wants to unlock another jihadist’s iPhone

The FBI wants to crack into another deceased terrorist’s locked iPhone. Dahir Adan stabbed 10 people inside a St. Cloud, Minnesota, shopping mall last month before he was shot dead by an off-duty police officer. Daesh (IS) later claimed responsibility for the attack. Adan - like San Bernardino gun attack terrorist Rizwan …
John Leyden, 07 Oct 2016
USA-shaped cloud

OVH decides to Fauquier the cloud in America

French cloud concern OVH has planted its flag in the United States, choosing Fauquier County, Virginia, as its headquarters and the site of its first data centre in the nation. OVH's site links straight to Virginia governor Terry McAuliffe's announcement of the deal in which he says the US$47 million project will bring 54 jobs …
Simon Sharwood, 07 Oct 2016
Huawei P8

Premier League Sky card crims ordered to cough up nearly £1m

Two fraudsters who supplied fake Premier League football broadcast viewing cards to pubs and betting shops have been ordered by a court to stump up nearly £1m. Simon Hopkins, 48, and Leon Passlow, 59, were jailed for 42 months last August after pleading guilty to conspiracy to commit fraud. The two ran a firm called Digicam …
Gareth Corfield, 04 Oct 2016
SAN DIEGO COMIC CON: July 20, 2016. A lifelike replica of Bryan Cranston's Breaking Bad character Walter White on display at the annual pop culture and comic book convention in San Diego, California. photo by Lauren Elizabeth/Shutteretsock - EDITORIAL USE ONLY AND MUST ATTRIBUTE AND LINK

Building your own storage startup: Whatever you do, don't let lead dev be CEO

Part Two You like the idea of “doing” a startup, but what about actually starting a startup? You can see the end point - success, hopefully - but what of the hoops and hurdles? In part one, I looked at funding, executives and staff. But now you’ve got the money and the people, what happens next? What about team composition and product …
Trevor Pott, 03 Oct 2016
head of 50s-style robot

Amazon: Students, we'll give you $2.5m for a chat-up, AI?

Amazon is offering teams of university students the chance to claim their share of a $2.5m prize for developing the best “socialbot” capable of holding a natural language conversation. The Alexa Prize, detailed by Amazon chief technology officer Werner Vogels on his personal blog, will see university teams slug it out in a …
Dan Robinson, 30 Sep 2016
NHS hosptial photo, by Marbury via Shutterstock

Scrapped NHS ballsup cost taxpayer almost £8m

Exclusive NHS England spent nearly £8m on its controversial programme before scrapping it earlier this year, El Reg can reveal. The publicly hated programme was beset by delays and was criticised by both doctors and privacy campaigners about the haphazard way it would share sensitive medical data of citizens with commercial …
Sooraj Shah, 27 Sep 2016

Oracle execs get that shrinking feeling

It still pays to run Oracle, just not as much as it used to - top executives’ packages shrank by double digits in fiscal ’16 as the software titan continued to desperately seek out cloud business. Company co-founder Larry Ellison, who these days also carries the CTO and exec chairman titles, received $41.5m in total for the 12 …
Paul Kunert, 24 Sep 2016
Red Hard Hat photo via Shutterstock

Big biz happy to whip out credit cards for pay-as-you-go – Red Hat

Analysis Linux and open-source cloud supremo Red Hat is looking at adapting its licensing to please enterprise customers who want greater flexibility in the way they pay for software and services, including a possible pay-as-you-go model. The move was mooted by chief executive Jim Whitehurst during a conference call for Red Hat’s Q2 …
Dan Robinson, 22 Sep 2016

Official: Cloud computing is now mainstream

Cloud computing is so mainstream these days that maybe it should just be called “computing”. That’s what an IDC survey of 6,100 organisations in 31 countries, released today, indicates, with 68 per cent of respondents using public, private or hybrid cloud in their IT mix. This is a 60 per cent jump from 42 per cent of …
Drew Cullen, 20 Sep 2016
Auctioneer with hammer

Going, going, done: Trio of prolific auction fraud fraudsters jailed

Three men have been jailed yesterday over a conspiracy to commit internet shopping fraud scam that involved taking payments for non-existent goods and services. Calin Serbenescu, 28, a former labourer, was sentenced to five years' imprisonment; Ionut Cotavian Anitescu, 26, unemployed, was sent down for three years; while Dorel …
John Leyden, 20 Sep 2016

Alleged buggy software wrongly flunks wannabe lawyers from bar exam. What happened next won't shock you

Updated A California software company is being sued after its product mistakenly flunked more than 90 would-be attorneys taking their bar exam. The class-action lawsuit was filed in a Georgia state court against ILG Information Technologies of Mountain View, California. It seeks damages on behalf of the law students who were told they …
Shaun Nichols, 15 Sep 2016

The Rise, Fall and Return of TomTom

Interview Yesterday TomTom announced seven new consumer products (eight if you count the two SatNav units) with four fitness and three navigation products, its highest High Street profile for some years. Corinne Vigreux Corinne Vigreux Tech pundits were preparing the last rites for the SatNav pioneer a few years ago, but it has …
Andrew Orlowski, 09 Sep 2016

Midwich slurps Euro and Kiwi AV disties

Midwich has confirmed to the London Stock Exchange a couple of acquisitions in the AV distributor market. The Diss-based firm, itself a wholesaler of AV and document “solutions”, floated on AIM in early May with the proceeds going to selling shareholders, to pay down debts and to fund the buy of Kern & Stelly. In today’s …
Paul Kunert, 08 Sep 2016
The Raspberry Pi 2 Model B

World eats its 10 millionth Raspberry Pi

Raspberry Pi has sold over 10 million units and has announced today a new Raspberry Pi Starter Kit to celebrate its achievements. Founder of the Raspberry Pi foundation and CEO of its trading arm, Eben Upton, said the original goal was to create a device that would attract more students to study Computer Science at the …
Katyanna Quach, 08 Sep 2016

Equistone grabs stake in print services slinger Apogee

Private equity investor Equistone Partners Europe has slurped a stake in managed print and document services slinger Apogee Corporation. Maidstone-headquartered Apogee employs around 450 staff across 14 offices in the UK and mainland Europe selling hardware and managed services on kit from Canon, Xerox, Konica Minolta and …
Paul Kunert, 05 Sep 2016

Of supermarkets, Volkswagen and the future of Dell-EMC

Analysis September 7 sees Dell Technologies absorb EMC and its VMware holding. Storage-watchers are seeing lots of overlap between the Dell and EMC storage products and wondering if there is going to be a product cull. So far there are no signs of this and it could be useful to ask if Dell + EMC is going to be a traditional few- …
Chris Mellor, 05 Sep 2016
Grinning man in suit points at a calculator meaningfully. Pic via Shutterstock

Ireland taxman: Apple got NO favours from us, at all, at all

Apple paying €50 corporation tax in Ireland on every €1m of profit reported – a rate of 0.005 per cent – was in compliance with local laws, the Emerald Isle’s under-fire Revenue Commissioners have claimed. The tax collectors issued a statement in the wake of the European Commission's damning verdict that tax arrangements …
Paul Kunert, 30 Aug 2016

Corporates ARE sniffing around Windows 10, says Computacenter

Bulky corporate enterprise punters are starting to fall for the, ahem, charms of Windows 10, Computacenter's chief executive claimed today as he flashed his firm’s calendar first half-year trading figures. Mike Norris, boss of the London-listed services-based reseller, said the pending contract sign-off for managed services …
Paul Kunert, 26 Aug 2016

Nimble Storage ticks over nicely but will shareholders want more revs?

Nimble Storage's revenue of $97.1m for the second quarter of its fiscal year 2017 beat its guidance of $93m - $96m, which is good, and it generated a loss of $40m; better than the previous quarter's $42.7m loss but worse than the $30.1m it lost in Q2 last year. On the annual compare, revenues were up 21.2 per cent – excellent …
Chris Mellor, 24 Aug 2016
Crystal ball. Pic: Shutterstock

Gartner's Magic Quadrant mages shake crystal ball, Violin goes topsy turvy

Gartner's latest all-flash array Magic Quadrant contains expected news, a few surprises and a demotion that has prompted a public response from Violin Memory. The report, Gartner's 2016 Solid State Arrays Magic Quadrant and Critical Capabilities" report, can be accessed by Gartner subscribers here. The Magic Quadrant (MQ) …
Chris Mellor, 24 Aug 2016
Spy hides in dustbin, lifts lid to take photograph

Californian gets 50 months in prison for Chinese 'technology spy' work

A sting operation by the US Department of Homeland Security has netted one California woman a 50-month sojourn in prison after she was found guilty of trying to break the US Arms Export Control Act. The court heard that between March 2011 and June 2013, Wenxia Man, 45, of San Diego, worked with a Chinese national – who she …
Iain Thomson, 23 Aug 2016
HMS Illustrious. Crown copyright/MoD

Former RN flagship HMS Illustrious to be sold for scrap – report

Aircraft carrier HMS Illustrious will be sold for scrap in spite of efforts to preserve her for the nation as a museum ship, according to reports. The warship – affectionately known as “Lusty” – is set to be sold to Turkey's LEYAL Ship Recycling for £2.1m, according to The Sun. Launched in 1978, Lusty was still being fitted …
Gareth Corfield, 22 Aug 2016
francis_maude_flames_evil depts in post-Mad Frankie Maude landgrab over IT spending controls

Analysis Government departments are winning significantly more exemptions to splash the cash on expensive IT projects since the departure of former Cabinet Office minister Francis “Mad Frankie” Maude last year, according to a Register analysis. The Department for Work and Pensions alone was given the green light for £200m in IT …
Kat Hall, 22 Aug 2016

Shadow Broker hacking group auctions off claimed NSA online spy tools

A group calling itself the Shadow Brokers has started an online auction for top-of-the-range tools it claims were stolen from the Equation Group, a digital attack squad linked to the NSA. The Shadow Brokers posted up news of the auction saying (in broken English) that they had been monitoring the Equation Group's servers, had …
Iain Thomson, 15 Aug 2016

London cops waste £2.1m on thought crime unit – and they want volunteer informers

+ Comment The Metropolitan Police is to spend £2.1m of public money funding a unit that will actively investigate “offensive” comments on Twitter and Facebook, according to reports. Backed by a team of “volunteers”, the Met's new unit will actively seek out anything “deemed inappropriate” on social media services, according to the …
Gareth Corfield, 15 Aug 2016
drug dealer

Post-Silk Road, Feds bust chaps for 'dealing heroin, coke' on world's largest dark web souk

Two men from Brooklyn in the US have been indicted on charges of selling heroin and cocaine on AlphaBay – believed to be the world's largest dark web marketplace. Abudullah Almashwali, 31, and Chaudhry Ahmad Farooq, 24, were cuffed on August 2 after agents bought packages of the drugs from members of the Tor-hidden souk …
Iain Thomson, 12 Aug 2016
A British Army Watchkeeper drone lands at Parc Aberporth. Crown copyright

£1m military drone crashed in Wales after crew disabled anti-crash systems – report

A £1m British Army Watchkeeper drone had to be scrapped after crashing at an airfield in Wales when the ex-RAF officer piloting it disabled the unmanned aerial vehicle's anti-crash systems. Although the official main cause of the accident was given as the automated Vehicle Management System Computer functioning “as designed …
Gareth Corfield, 12 Aug 2016
SGI in Jurassic Park

OMG: HPE gobbles SGI for HPC. WTF?

Hewlett Packard Enterprise has bought venerable computing firm SGI – formerly Silicon Graphics – for $275m. Over the past few years, SGI has concentrated on the big-iron end of the server market and high-performance computing. It's this technology that HPE wants to bolster its hardware lineup. "At HPE, we are focused on …
Iain Thomson, 11 Aug 2016

How many zero-day vulns is Uncle Sam sitting on? Not as many as you think, apparently

DEF CON While some fear the US government is hoarding a vast pool of zero-day security vulnerabilities, the reality is that it probably holds just a few dozen, according to a study by Columbia University. In a presentation at the DEF CON hacking conference in Las Vegas today, Jason Healey, senior research scholar in the university's …
Iain Thomson, 05 Aug 2016
Cables containing fibre, etc. Photo by Shutterstock

Virgin signs up record ultrafast broadband subs

Sales at Virgin Media rose 3.2 per cent to £1.2bn for the UK broadband provider's second quarter compared with the previous year - as it signed up record ultrafast broadband subscribers. Operating income fell 24 per cent to £79m mainly due to "increases in related-party fees". Business sales rose 5.5 per cent to £167m, while …
Kat Hall, 05 Aug 2016
darpa cyber grand challenge

Game over, security researchers – DARPA’s AI bug hunters are coming for your jobs

DEF CON A quest to build a smart computer system that finds and patches bugs faster and more efficiently than humans is off to a good start with all the teams in DARPA’s Cyber Grand Challenge performing very well indeed. The contest, held at the DEF CON hacking conference in Las Vegas, was organised by the research arm of the US …
Iain Thomson, 05 Aug 2016

New York jerks face $25K fines for hassling ex with fake caller IDs

A man who faked the caller IDs of his ex-wife's contacts in order to harass her will be fined $25,000. Gary Braver of North Bellmore, New York, and his work pal Steven Blumenstock faked the numbers of Robin Braver's mom and her child's school, among others, in order to trick her into answering her phone. When she did, they …
Kieren McCarthy, 04 Aug 2016

Microsemi 1m IOPS Flashtec

Microsemi has a 1 million IOPS Flashtec NVMe flash controller with DDR4 DRAM. The NVMe2032 (32 flash channels) and NVMe2016 (16 flash channels) controllers represent Microsemi's second-generation NVMe controller technology. The DDR4 DRAM alleviates bottlenecks and helps maximize throughput. They have low-density parity-check …
Chris Mellor, 04 Aug 2016

'ICANN's general counsel should lose his job over this'

Interview It has been four years since Shaul Jolles, as CEO of Dot Registry, filed applications for five new internet extensions – .corp, .inc, .llc, .llp and .ltd – and wrote a check for just under $1m to have them considered by domain name system overseer ICANN. Unlike the other applicants for the three US corporate entity suffixes . …
Chris Williams, 04 Aug 2016
Bodybuilder, image by jumpingsack via Shutterstock

ARM's top brass land £54m Softbank windfall

Top execs at ARM are facing a £54m stock payout after Japan giant Softbank swooped to scoop up the Brit-tech success. Chief executive Simon Segars will land £11.36m, chief technology officer Mike Muller £21m and chief executive since September 2011 Chris Kennedy will net £344,352. The figures, revealed in new ARM SEC filings …
Gavin Clarke, 04 Aug 2016

Cray profits literally go up in smoke after electrical incident

Cray has revealed that its products' Q2 profits have literally gone up in smoke. The company this week announced second quarter revenue of US$100.2m, down from $186.2m in 2015's corresponding quarter. That dip meant the company incurred a loss of $13.1m compared to last year's $5.8m profit. Things aren't going to be much …
Simon Sharwood, 04 Aug 2016
Imaging data concept illustration. Photo by Shutterstock

Loss-making data-viz biz to investors: You know what our problem is? We did too well

Data visualisation business Tableau has told investors its losses have more than doubled because it did too well in Q2. The Seattle-based company, which made its initial public offering on the New York Stock Exchange in 2013, reported a 260 per cent increase in operating losses, from $17.9m to $46.9m, while total revenue grew …
British sterling in flames

Outsourcery burned through more than £20 MEEEELLION in cash before it crashed

Defunct cloud infrastructure and apps provider Outsourcery Plc attracted interest from 12 bidders before it was offloaded to GCI Telecom for £4m, in a pre-pack administration handled by EY. The Statement of Affairs filed at Companies House revealed the final weeks of the failed Manchester-based, AIM-listed corporation that …
Paul Kunert, 02 Aug 2016

US state sues Comcast for $100m in row over 'worthless' repair plans

Washington state is suing Comcast and demanding $100m in damages for allegedly misleading customers. At a press conference on Monday, Washington Attorney General Bob Ferguson claimed the US cable giant's Service Protection Plan (SPP) had cheated at least 500,000 people out of their money. People who take out the optional $4. …
Iain Thomson, 01 Aug 2016

SCC-owned SCS bags HR and Payoll biz Pyramid

Specialist Computer Services, part of the privately held technology dynasty SCC, has slurped fellow Midlands-based HR and software minnow Pyramid or an undisclosed sum. Pyramid is a two decade old independent software house staffed with HR and Payroll pros that design, code, markets and support a database product that, we are …
Paul Kunert, 01 Aug 2016