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Gun and dollars

Samsung in Brazilian strip: Robbers snatch $6.3m in gear from plant

Armed robbers have snatched $6.3m in smartphones, tablets and computers from the Samsung Electronics factory in São Paulo, Brazil. The bandits got into the complex by carjacking a shuttle used by factory employees, and held workers hostage while clearing out truckloads of loot, Reuters reported a spokesman for the state’s public …

Former Azzurri project manager who stole £1.3m ordered to pay back £146k

A former project manager at Azzurri Communications who stole £1.3m from the integrator has been ordered to pay back less than 10 per cent or spend more time in the slammer. Lee Stephen Young, 34, of Petronel Road, Aylesbury was found guilty of one count of theft from an employer at the town's Crown Court in March and sentenced …
Paul Kunert, 23 May 2014
Cosmic strings of string theory

Cambs prof scoops $3m Fundamental Physics prize

Stephen Hawking's successor at Cambridge University, Michael Green, and his fellow theorist John Schwarz at Caltech, have won the second Fundamental Physics Prize. String theory pioneers Green, who became Lucasian professor of mathematics when Hawking stepped down in 2009, and Schwarz won the $3m prize for their work on quantum …

Bitcoin mining rig firm claims $3m revenue in just FOUR DAYS

It is said that during a gold rush, the people who make the real money are the ones selling the spades. The same appears to be true with Bitcoin, judging by the whacking great revenues announced by a firm which makes computers dedicated to mining the cryptocurrency. KnCMiner, a Swedish manufacturer of Bitcoin mining machines, …
Jasper Hamill, 14 Nov 2013
Angus Highland cow

Wearable tech for HORNY COWS: Biz slurps £3m for bovine arousal detectors

A firm which designs wearable tech for cows is celebrating after raising more than £3m to help fund its global expansion. Silent Herdsman has been handed the golden bull by a group of investors including Scottish Equity Partners, Albion Ventures and the Scottish Investment Bank. Its technology uses a "decision-support platform …
Jasper Hamill, 24 Mar 2014
The Register breaking news

Stephen Hawking gets $3m physics prize from Mail.ru tycoon

Renowned physicist Stephen Hawking has won a Russian entrepreneur's $3m special Fundamentals Physics Prize for his lifetime of achievements. Seven scientists who led the effort to find the Higgs boson at CERN's Large Hadron Collider also won, bagging another of the special prizes from Yuri Milner. Milner, who describes himself …
SOURCE: http://www.sxc.hu/photo/959469

'Bogus IT guys' slurp £1.3m from Barclays: Cybercops cuff 8 blokes

UK police have arrested eight men after a gang fitted remote-control hardware to a Barclays bank branch computer and stole £1.3m. Money was slurped from the bank after crooks hooked up a KVM (keyboard, video and mouse) switch and 3G dongle to a terminal in the branch, officers said. The suspects, aged between 24 and 47, were …
John Leyden, 20 Sep 2013
The Register breaking news

Pop tix touts slung in the cooler for 4 years after £3m web scam

Two crooks posing as online ticket touts have been jailed for swindling nearly £3m out of pop fans' pockets. Andrew Lagan, 44, from Middlesborough, and Gary Agar, 44, from Welling, have started a four-year stretch after they were found guilty of two counts of conspiracy to defraud and one count of money laundering. The duo set …
John Leyden, 28 Jan 2013
Camcorder Projector CP45

3M combines camcorder, projector

Tech company 3M has unveiled a mini mobile projector and digital camera combo, ideal for holiday-makers to share their naff collection of moments with friends and family without the need for a separate device. The Camcorder Projector CP45 blends 3M's mobile projection tech with a 5Mp digital camera that also records HD video. …
Caleb Cox, 25 Oct 2011

Why you wanna go and put STaaS in their eyes? Toshiba pays $3m for Zadara

Flash foundry operator Toshiba has invested $3m in a startup offering virtual private storage arrays in the cloud, citing a "unique and strong strategic fit" between the two companies. Storage upstart Zadara offers its Virtual Private Storage Arrays (VPSAs) as storage-as-a-service, offering iSCSI or NFS-based storage. Customers …
Chris Mellor, 02 Aug 2013
The Register breaking news

Mail.ru tycoon, Silicon Valley titans announce $3m life science prizes

Russian internet entrepreneur Yuri Milner has persuaded Mark Zuckerberg, Art Levinson and Sergey Brin to pool their money for a science prize of $3m to for research into curing diseases and extending human life. The Silicon Valley titans from Facebook, Apple and Google have joined forces with the Mail.ru tycoon and US biologist …
Wasteland 2

Wasteland sequel given $3m green light

Plans to bring back the post-apocalyptic RPG Wasteland will go ahead after a Kickstarter project mustered more than enough funds to give the project the green light. Wasteland 2 A team headed by Interplay founder and famed games developer Brian Fargo sought financial backing of at least $1m (£625,400) for the PC version of …
Caleb Cox, 18 Apr 2012
secondary age school kids outside NBN truck

NBN rollout to reach 1.3m new premises by late 2016

The timetable for rollout of Australia's national broadband network (NBN) has been updated. The nation's terminal-looking government, which faces an election on September 14th, has unveiled plans to provide an additional 1.3m premises with a fibre to the premises (FTTP) connection by December 2016. A canned statement about the …
Simon Sharwood, 05 May 2013
lenovo

Lenovo CEO Yang doles out US$3m bonus to staff

In an almost unheard of act of selflessness and generosity from a CEO, Lenovo boss Yang Yuanqing has decided to distribute $3 million (£1.9m) from his annual bonus to junior members of staff working at the Chinese PC giant. The firm had a bumper 2011, setting new records in market share, revenue and shipments and posting a huge …
Phil Muncaster, 20 Jul 2012
management regulation1

TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit

Google will pocket a tidy $1.3m in fees after prevailing in a case against a patent holding firm that turned on its customers. A US District Court has ruled that Beneficial Innovations will have to cover the Chocolate Factory's legal costs after the company lost a jury case earlier this year. Google successfully argued that …
Shaun Nichols, 28 Aug 2014
Apple Mac OS X 10.8 Mountain Lion

Apple serves 3m Mountain Lions in four days

Three million copies of Mac OS X Mountain Lion have been downloaded in the four days following its release on Wednesday, 25 July, Apple said today. That makes the Hillside Cat the "most successful OS X release in Apple's history", the Cupertino crew chirped. Don't forget that downloads doesn't equal buyers. A fair few folk, …
Tony Smith, 30 Jul 2012
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
SGI supercomputer with liquid cooling

Eco-friendly fluid keeps SGI supercomputer cool and moist

Intel and SGI have built a new supercomputer using an advanced coolant from 3M flowing directly over the hardware to slash the running costs of such systems, and possibly to boost performance. SGI supercomputer with liquid cooling Don't try this with water The SGI ICE X system uses Intel Xeon E5-2600 processors for grunt, and …
Iain Thomson, 09 Apr 2014
Dead Island

Dev justifies Dead Island 'Game of the Year' claim with 3m+ sales

Every year a handful of critically-acclaimed videogames are re-released as a "GOTY Edition", which signifies they've been awarded a Game of the Year gong by a respected publication. Which is why, when Deep Silver announced this week that Dead Island - a game panned by critics - would be getting the GOTY Edition treatment, …
Caleb Cox, 23 May 2012
The Register breaking news

Fines 4 U: Mobe insurer cops £3m penalty for grumble dumping

A firm that sells mobile insurance to Phones 4u customers has been smacked with a fine of almost £3million for ignoring customer complaints. The Financial Conduct Authority (FCA) fined Policy Administration Services Limited (PAS) £2,834,700 for "poor complaints handling" between June 2009 and September 2011. The accusations …
Jasper Hamill, 04 Jul 2013

Uh, Obama? Did you miss a zero or two off Samsung's Chinese supplier 'fib' settlement?

Samsung Electronics America has agreed to settle with the US Department of Justice (DoJ) over claims the company lied about where its products were made. The DoJ accused Sammy of violating the Trade Agreements Act, which requires gear purchased by the government be sourced either directly from US manufacturers or countries with …
Shaun Nichols, 20 Aug 2014
3M CP45 Camcorder Projector

3M CP45 pocket camcorder and projector combo

The 3M CP45 is a combination HD camcorder, 5Mp camera and LED-lit LCOS projector. Not much bigger than a couple of copulating iPhones, it can film and throw an image up to 65in onto a convenient wall. 3M CP45 Camcorder Projector Shoot and show: 3M's CP45 camcorder projector 3M seems to be touting it at families who can’t be …
Steve May, 21 Dec 2011
BMW_logo_SM

BMW recalls 1.3m motors over fire risk

BMW has recalled more than a million cars across the globe because a battery cable they contain might malfunction. It it did, it could cause a fire, the company said. Some 109,000 vehicles in Britain could be affected by the wire flaw. The issue relates to the covering of a battery cable in the boot of 5 and 6 Series BMWs built …
Caleb Cox, 27 Mar 2012
Photo of a stack of $100 bills

Hyperconverged kit is SO HOT right now. $140m sound about right, Nutanix?

The hyperconverged system iron is so hot that there will never be a better time to strike. Nutanix's backers have done just that, handing the company another $140m of E-round funding just seven months after its VC backers gave it $101m. Virty storage giant VMware's validation of the hypercvonverged server/storage/networking …
Chris Mellor, 27 Aug 2014

IBM, 3M glue chips into silicon skyscrapers

IBM and adhesive maker 3M are teaming up to cook up the packaging goo that will be needed to stack up chips into 3D arrays. There is a growing consensus in the computer industry that more compact and three dimensional packaging of chips is necessary to keep increasing the performance and reducing the power draw of everything …
The Register breaking news

Japanese firm offers 4-tonne GIANT MECHs for just $1.3m

Kogoro Kurata, Japanese maker of strange machines, is selling ride-on mechanical monsters starting at £844,000, but you'll need to pay extra for the weapons and cup holder. The Kuratas robot weighs in at 4 tonnes, and is 4 metres (13 feet) tall, so the pilot straps in at the head, ready to stride across the most desolate …
Bill Ray, 29 Nov 2012
Confused computer keyboard

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 …
Paul Kunert, 23 Jul 2014
The Register breaking news

Russian tech baron shocks physicists with £3m cash wad

A Russian social-network billionaire has set up a foundation to hand out the biggest prizes in physics history to nine lucky theoretical physicists every year. Yuri Milner, who's made his billions by founding Mail.ru and going on to invest in web firms like Twitter, Spotify and Facebook, started up the foundation and handed out …
The Register breaking news

Graham: ICO will blow £3m on IT services

The UK's Information Commissioner's Office is looking to spend around £3m on its IT, with an invitation for tenders expected at the end of next month. Information commissioner Christopher Graham told vendors at Infosec during his keynote speech that the ICO hoped to publish its procurement notice in the Official Journal of the …
management regulation2

LinkedIn settles missed overtime pay case: Will pay $6m to staffers

LinkedIn has agreed to pay around $6m in unpaid overtime wages and damages to 359 of its employees in four states after a US Department of Labor investigation. The government agency found that the business networking firm had failed to record and account for all the hours their staff worked in a week, leaving some staff out of …

Coraid gets $29m VC cash boost. It's too early for an IPO: what gives?

Ethernet storage startup Coraid has got itself $29.3m in fresh funding after appointing a new CEO, David Kresse, in September last year. The funding history is illustrative of a top-up needed to continue growth: Feb 2010 - $10m A-round Nov 2010 - $25m B-round Nov 2011 - $50m C-round Dec 2013 - $29.3m D-round That's a total …
Chris Mellor, 22 Jan 2014
heart.mexico

Mexicans! accuse! Yahoo! of! using! corrupt! judge! to! dodge! $2.7bn! payout!

Yahoo! and its law firm have been sued by two Mexican companies that are accusing them of conspiring to dodge the shock $2.7bn award handed out to them in a 2012 Mexican court case. Worldwide Directories and Ideas Interactivas claim that the Purple Palace and law firm Baker & McKenzie got a senior Mexican judge on their side and …

RM: Killing our PC unit hit our top line, but our bottom line is pert

Murdering the PC building biz was always going to result in some top-line slippage for Brit specialist education tech supplier RM, but the move to shutter the production line hasn't hurt profits, quite the opposite. The Oxford-based biz today reported half-year numbers to 31 May with sales down more than 22 per cent to £92.1m …
Paul Kunert, 07 Jul 2014

Systemax CEO: Can't get consumer biz out of the crapper

It is a new calendar and financial year for shape-shifting box-shuffler Systemax but the same problem remains: it is hamstrung by a "weak" consumer division that is a burden on the relatively fit B2B operation. The New York-listed reseller last night reported Q1 results ended March with sales declining one per cent to $873.4m, …
Paul Kunert, 30 Apr 2014
The Register breaking news

Pilfering sysadmin gets four years and $2.3m fine for kit theft

A former Verizon network engineer is beginning a four-year jail term after being sentenced for scamming Cisco and Verizon out of millions of dollars worth of kit and fencing it through the reseller community. For nearly a decade, Michael Baxter, 62, used his position at Verizon to order processors, cards, and other networking …
Iain Thomson, 05 Oct 2012

Do NOT adjust your set, viewers: UK server sales are GROWING

There was some welcome respite for hard pressed server box pedlars during Q1 as private and public sector organisations queued up to spend again, bringing to a close several quarters of declining market revenues. The latest numbers from IDC show the UK generated server sales of $420m (£250.7m) in the first quarter of 2014, up …
Paul Kunert, 02 Jun 2014
3M's 3D film

3M shows 9in naked-eye 3D display

Three-dimensional displays that don't rely on polarised or active-shutter glasses could be coming to handheld devices soon ther than you think. 3M's Japanese subsidiary this week showed off 9in and 2.8in LCD panels that generate a 3D image viewable with the naked eye, Japanese newssite Tech-On reports. The secret lies in a …
Tony Smith, 03 Nov 2009
The Register breaking news

'I'm no visionary': Torvalds up for $1.3m life-changing gong

Open-source poster child Linus Torvalds, who kickstarted development of the Linux operating system kernel, has been nominated for the €1m Millennium Technology Prize - but says he's "no visionary" and is surprised Linux has been so successful. Torvalds and stem cell engineer Dr Shinya Yamanaka are finalists for the gong - one of …
Anna Leach, 20 Apr 2012
Nutanix cloud appliance

KER-CHING: Backers hand Nutanix $101m

Converged server/storage startup Nutanix has shown it has the product and business execution goods, prompting its backers to give it $101m to light the rocket fuel and get company lifting off. Nutanix has been a Harvard Business School textbook example so far in how to start up and grow a company to the point where it has a …
Chris Mellor, 14 Jan 2014
medical_doctor_health_channel

Phoenix IT Group CEO hatches three year turnaround plan

The latest CEO tasked with taking "overly complicated" profit bleeding Phoenix IT Group out of intensive care says a return to rude health will take multiple years but should not involve major amputations. Industry vet Steve Vaughan came on board in the spring, filling the top job that lay vacant for 17 months, and embarked on a …
Paul Kunert, 11 Jun 2014
The Register breaking news

TalkTalk, Tiscali fined £3m in bogus billing smackdown

TalkTalk and Tiscali have been hit with a big fine from Ofcom, after wrongly billing tens of thousands of customers for services they never received. The £3m penalty was slapped on the companies following their failure to clean up their billing systems. The communications watchdog said this morning that the two telcos are …
Kelly Fiveash, 18 Aug 2011
The before and after effects promised by Dove's fake Photoshop action

Adobe all smiles as beret bods spaff cash on non-cloud Creative Suite

A late rally from Adobe customers wanting to buy software on a perpetual license before that option closed this month, coupled with a swelling base of cloudy converts, helped boost the developer's coffers in its fiscal second quarter. Adobe turned over $1.07bn in revenues in the three-month period ended 30 May, up from $1.01bn a …
Paul Kunert, 18 Jun 2014

eBay impulse buyers STAY AWAY: Holy Grail Superman comic book to fetch $2m+

One of the rarest comic books of all time is going under the hammer – well, a virtual hammer. Online auction house Web tat bazaar eBay has said dealer Darren Adams will use the website to sell a nearly pristine copy of Action Comics #1. The legendary 1938 edition from DC Comics features the first appearance of Superman. The …
Shaun Nichols, 24 Jul 2014
Facebook security

Facebook slings $50k Internet Defense Prize™ at bug hunter duo

Facebook and Usenix have together created the Internet Defense Prize™ – and awarded its first gong to security bods Johannes Dahse and Thorsten Holz. The pair, of Ruhr University Bochum in Germany, received $50,000 from Facebook's prize-giving committee for their paper, Static Detection of Second-Order Vulnerabilities in Web …
Darren Pauli, 21 Aug 2014

Japan makes Prius palatable with road map to hydrogen cars

Japan has outlined a 25-year roadmap to get hydrogen-powered cars onto its roads, hydrogen-powered machinery into its factories and fuel cells into millions of homes. The nation's Ministry, for Economy Trade and Industry, recently outlined the plan, which has three phases. In the first, the nation aims to commercialise a …
Simon Sharwood, 04 Jul 2014

Korean credit card companies hit with 90-day, $100m sales ban

Three South Korean credit card firms which are thought to have exposed the personal data of 20 million customers have been forced to suspend all new business for three months in a blow which could cost them nearly $100 million. Korean regulator the Financial Services Commission (FSC) said the firms were not allowed to sign up …
Phil Muncaster, 20 Feb 2014

Shazam! Record labels shovel $9m into name-that-song app

Three of the world's biggest record labels have clubbed together to invest in London-based name-that-tune firm Shazam. Access Industries, the company which owns Warner Music Group, and Universal Music Group owners Vivendi have teamed up with Sony Music Entertainment to each take a rumoured $3m stake in Shazam. Recent estimates …
Jasper Hamill, 15 May 2014
Barracuda

Hungry Barracuda Networks gobbles a profitable quarter at last

After several quarters of losses, Barracuda Networks has made a profit in its final three months of fiscal 2014, ended 28 February, paving the way for a profitable 2015. Revenues were $60m in the quarter, up 15 per cent year on year, and a sliver up on the third quarter’s $59.4m. Net income for Q4 2014 was $3m, which compares to …
Chris Mellor, 25 Apr 2014

Pint-sized 3M projector makes UK debut

3M's tiny handheld projector has been presented to the Brits. 3M MPro 110 micro projector 3M's MPro 110: mobile-phone sized The MPro 110 measures a mere 115 x 50 x 22mm and weighs just 152g. It has a built-in battery that's good for 60 minutes' illumination, 3M claimed. The projector has a native resolution of 640 x 480 and …
Tony Smith, 01 Oct 2008

Lord Shug ends Viglen ownership with a bang

Lord Shuggie's public sector tech supplier Viglen booked a double digit sales and profit hike in fiscal '13 ended 30 September - the final full financial year under the hirsute walnut's ownership. After autumn negotiations, the business was offloaded to XMA in January for an undisclosed sum – with chief exec Bordan Tkachuk …
Paul Kunert, 13 Mar 2014