Articles about 3m

Pennies in a jar. Photo via Shutterstock

Damn you Brexit! You screwed my biz – LSE-listed tech supplier

The management team at Alternative Networks has played the Brexit card to explain why the London-listed IT and comms integrator has missed profit expectations for FY’16, which ends this month. The Mobile division had stabilised and with cost-cutting actions to offset the impact of new tariffs on roaming rates, margins were …
Paul Kunert, 27 Sep 2016
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Violin hunts for elusive key to regrowth

Analysis The elusive hunt for renewal and regrowth at Violin Memory has moved into a new phase – with a product launch holding up sales, sales leadership change, and the CEO focusing on finding funding for the future. Violin has cleverly managed to avoid falling off a cliff despite falling sales revenues and investor despair. It …
Chris Mellor, 26 Sep 2016

Winners and losers: Here's who made the cut for mega TP2 framework

A public sector contracts fat cat and some household PC brands are among the suppliers that failed to directly win a place on a mega pan-government hardware and software framework contract, according to a preliminary list seen by The Register. The Technology Products (TP) 2 agreement, worth up to £4bn over four years, is due …
Paul Kunert, 23 Sep 2016

Apple guilty in iPhone ringtone patent rip-off battle with Sony, Nokia

Apple has been found guilty of patent infringement and told to pay $3m in damages. A jury in Delaware decided that the electronics giants did infringe a patent from MobileMedia Ideas – a holding company owned by Sony and Nokia – that covered the sound the iPhone makes when there is an incoming phone call. The decision brings …
Kieren McCarthy, 21 Sep 2016
Jean-Claude Juncker speaking in front of EU flag

EU chief promises modernised spectrum policy to avoid mistakes of LTE

The European Union announced its 5G Action Plan last week, and president Jean-Claude Juncker set out some ambitious connectivity goals in his State of the Union address. These include promises to enable free Wi-Fi in public spaces in every town and village in the EU states, and to achieve “full deployment” of 5G by 2025 ( …
Wireless Watch, 21 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
Pop art-style illustration: Woman holds head in despair. Illustration via Shutetrstock

Ofcom smacks Sky for breaching broadband switching rules

Communications regulator Ofcom has ruled that there are "reasonable grounds" to suspect Sky breached rules to allow consumers to easily switch broadband and landline providers, which could lead to a multi-million pound fine. It follows a year-long investigation by the regulator as to whether Sky contravened the rules on …
Kat Hall, 20 Sep 2016

Student charity's ex-IT boss in the cooler for stealing $1.3m through fake tech contracts

A former IT executive has been ordered to spend the next 45 months behind bars after he stole $1.3m from a charity in Virginia, US. Demetrius Arnold Washington, 51, of Louisa, must also pay back the mountain of dosh that he funneled into his pockets via bogus tech consultancies. He was jailed after pleading guilty to mail …
Shaun Nichols, 12 Sep 2016
A Corvette

Airbag bug forces GM to recall 4.3m vehicles – but eh, how about those self-driving cars, huh?

General Motors (GM) says a software bug has left as many as 4.3 million of its cars and trucks with potentially defective airbags. The US auto giant said that problems with the embedded software in the vehicles can cause the front airbags to fail to deploy in a crash. The bug resides in the software used to control the sensors …
Shaun Nichols, 09 Sep 2016
Star Trek toys photo by Willrow Hood via Shutterstock

Forget Khan and Klingons, Star Trek's greatest trick was simply surviving

Star Trek @ 50 Thirteen films, TV spin-offs, millions of loyal fans and the ultimate of accolades for any work of science fiction – spoofs. Confirmation indeed of Star Trek's status as a cultural force. Fifty years ago this week, the genesis of that legacy played to unsuspecting and uninitiated US viewers. Star Trek the original TV series …
Gavin Clarke, 07 Sep 2016
Florian Lukavsky, director, SEC Consult Singapore. Image: Interpol World.

Hacker takes down CEO wire transfer scammers, sends their Win 10 creds to the cops

HITB Florian Lukavsky hacks criminals profiting from out-of-control multi-billion dollar CEO wire transfer scams ... and they hate him for it. The director of SEC Consult's Singapore office has made a name striking back at so-called "whaling" scammers by sending malicious Word documents that breach their Windows 10 boxes and pass …
Darren Pauli, 06 Sep 2016

We want GCHQ-style spy powers to hack cybercrims, say police

Traditional law enforcement techniques are incapable of tackling the rise of cybercrime, according to a panel of experts gathered to discuss the issue at the Chartered Institute of IT. Last night more than a hundred IT professionals and academics, including representatives of the National Crime Agency and Sir David Omand, the …

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
A confused man

Sprint learns that a 'rebate' includes paying people money

US wireless carrier Sprint will pay $2.3m to settle allegations it withheld rebates from customers. The state of Illinois will collect and distribute the money to 32,000 residents who signed up for Sprint's mobile services between 2003 and 2011, when the carrier was offering rebates to new customers. State Treasurer Michael …
Shaun Nichols, 25 Aug 2016
Zephyr 7 in flight. PIC: AIRBUS

UK military buys third £4m Zephyr drone for 'persistent surveillance' trials

The Ministry of Defence has bought a third solar-powered Zephyr-S surveillance drone for £4.3m, and says it “performs more like a satellite than a conventional UAV”. With its 25 metre wingspan covered in solar panel cells, this latest Zephyr-S is the third unmanned aerial vehicle (UAV) to be delivered as part of the MoD's £13m …
Gareth Corfield, 18 Aug 2016
sale

Imperva under pressure to find buyer after disappointing results

An activist investor is reportedly pushing data centre security firm Imperva to find a buyer following disappointing financial results. Cisco Systems, IBM, Raytheon or Symantec are touted as potential suitors of the Israeli entrepreneur-founded firm, which markets Web Application Firewalls and DDoS mitigation services. …
John Leyden, 11 Aug 2016
Tape over mouth, image via Shutterstock

Rackspace CEO: Yes, Brexit has hit us, yes we sold our Cloud Sites biz

Rackspace execs confirmed the sale of its Cloud Sites hosting sub to Liquid Web but ignored the white elephant in the room that Apollo Global is reportedly in talks to slurp the entire organisation. The private equity house might well end up taking Rackspace private again in a deal valued at up to $4bn, buying the company time …
Paul Kunert, 09 Aug 2016

Dear Imation. It's always darkest just before it goes pitch black

Nexsan-owner Imation's second quarter of 2016 marked its tenth straight quarterly loss. But hey, at least it was the smallest loss of the ten. Revenue from the three months to June 30 was $10.6m, down 37 per cent from the year-ago quarter's $16.9m, and a smidge less than the prior quarter's $10.7m. Imation said this was due …
Chris Mellor, 08 Aug 2016
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Hortonworks losses deepen despite growth in subscription sales

Operating losses at Hadoop-flinger Hortonworks deepened to $64.3m (£49.3m), compared to a loss of $42.9m (£32.9m) during the second quarter last year. It's not looking good for Big Data. Revenue at the firm, however, increased by 46 per cent to $43.6m (£33.4m) for its second quarter of fiscal year 2016, compared with the same …
Kat Hall, 05 Aug 2016

Microsoft has stopped cutting sales fees for resellers? Yep

Microsoft has quit hacking into fees paid for channel software sales, and reselling clouds is getting more profitable – these seemed to be the major takeaways from top brass at Insight Enterprises in an enterprising Q2. Revenue at group level went up two per cent to $1.46bn, but this top line expansion was driven purely by the …
Clodagh Doyle, 04 Aug 2016
 People photographing bollywood actor Vivek Oberoi with smartphones

Smartphone sales stall at ~3.5 million per day

Smartphone sales have just about stalled at the disappointing figure of about 3.5 million a day, each and every day of the year. Analyst firms Canalys and IDC last week both released the results of spreadsheetery covering the year's second quarter, both finding sales ticked up a million or so compared to 2015's second quarter …
Simon Sharwood, 01 Aug 2016
Stock market image via Shutterstock

French data wrangler Talend has done it: Voila, it's a tech IPO

Big data upstart Talend rang the bell to open the Nasdaq at 9.30am today in New York City – as the company makes one of the few initial public offerings (IPOs) this year. The data integration business was founded in France in 2005, and although its headquarters are in Redwood City, California, the company is listing on the …
Crowd watches fireworks at night in the field. Photo by Shutterstock

WD disk revenues spin slower as its flash fireworks go off

WDC beat its own better-than-expected preliminary results estimates with a $3.495bn quarter but swung to a $351m loss with fewer disk units sold. Layoffs are coming. Revenues for the fourth fiscal 2016 quarter, ended July 1, were 9.2 per cent higher than a year ago and 24.8 per cent up on the previous quarter. This quarter …
Chris Mellor, 29 Jul 2016

What's on a road to nowhere? Ingram's Q2 numbers

Ingram Micro outlined progress, or rather lack of it, when it reported calendar Q2 numbers last night and did little to convince financial markets - including Shanghai’s Stock Exchange - that it is a business going places fast. The world’s largest tech distributor said revenue for the three months ended 30 June were down four …
Paul Kunert, 29 Jul 2016

Quantum leap: A good quarter for disk backup gear, and yeah tape's OK

Quantum’s first fiscal 2017 quarter – the three months to June 30, 2016 – showed revenue growth as the tape market stabilized and big deals came good. Revenues of $116.3m were five per cent higher than last year’s $110.9m. There was a net loss of $3.8m, better than the $10.8m loss recorded a year ago and the unfortunate $52.4m …
Chris Mellor, 29 Jul 2016
Nvidia GeForce

Bought a GTX 970? Congrats, Nvidia owes you thirty bucks

Graphics goliath Nvidia has agreed to a settlement that will see it pay $30 to American gamers who purchased its GTX 970 graphics cards and can file a valid claim. The pay-out deal [PDF] settles a class-action claim accusing the company of misleading consumers on the specs of the gaming card's memory and processor capabilities …
Shaun Nichols, 28 Jul 2016
Cloudy server conceptual illustration. Photo by Shutterstock

Larry Ellison's Oracle swallows Larry Ellison's part owned Netsuite for $9.3bn

Database titan Larry Ellison’s Oracle is slurping NetSuite - a company he and his family already own a big slice of - for a cool $9.3bn (£7bn) to help him compete better with Salesforce, another firm he part owns. The buy will see Oracle splash $109 per share on the first ever purveyor of software clouds: NetSuite was set up …
Kat Hall, 28 Jul 2016
Lady  standing on a hand with a megaphone shouting into mans ear

QLogic boosted profits 700% in a year. What's that chomping sound?

In its last quarter as an independent company, QLogic grew revenues 2.6 per cent and profits by 700 per cent in a year. Its future lies inside Cavium and it has to deal with a declining Fibre Channel business. Revenues of $116.4m were ahead of the year-ago $113.4m but down on the seasonally-higher prior quarter’s $119.4m. Net …
Chris Mellor, 27 Jul 2016
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Commvault's growing, even if profits dipped into losses this quarter

Commvault has sustained its recovery for a third quarter although it has recorded a loss after a much smaller income tax benefit was applied than a year ago. The first fiscal 2017 quarter saw a 9.6 per cent rise in Commvault's revenues to $152.4m: they were $139.1m a year ago, and $159.6m in the seasonally higher preceding …
Chris Mellor, 26 Jul 2016

Official: AMD now stands for Avoiding Miserable Death

AMD fans are over the moon today as their favorite processor designer has sold more chips than expected in the three months to June 25. The Sunnyvale, California, biz beat analysts' estimates on revenue and earnings per share in a billion-dollar quarter that ended in the black rather than the usual red: the Radeon maker banked …
Chris Williams, 21 Jul 2016
Pennies in a jar. Photo via Shutterstock

Three pence in a pound awaits Steljes' trade creditors

Unsecured creditors of audio visual distributor Steljes that are owed £6.72m by the fallen specialist will likely receive just three pence in the pound, according to the company’s administrator. Steljes collapsed in late May after cash flow dried up and directors were forced to call on AlixPartners, which decided the only …
Paul Kunert, 19 Jul 2016

Reader needs Aircon help

Reg reader "PG" has mailed looking for advice on "a suitable air conditioning unit for a small office/data centre." PG says the facility has "no windows, only a door to the outside world" and is approximately "6m (l) x 3m (w) & 2.8m (h)." "It's over 33c in here today and a few of the non-critical servers have shut down (rack …
Team Register, 19 Jul 2016

Successful fintech: UK has some, but it's not in Silicon Roundabout

Open up the business pages of any national newspaper and much of the coverage is focused on the latest fintech startup, the marvel that will transform the global financial system, backed – inevitably – by big name venture capital firms. But is this obsession with fintech deserved? A cool analysis of the phenomenon long term …
Marcus Gibson, 15 Jul 2016
Barracuda_cloud_sea

Barracuda picks teeth after chowing down on cloud market

Revenues grew 11 per cent year-over-year to $86.7m in Barracuda’s first fiscal 2017 quarter, confirming its return to growth. Net income was $2.8m. Recurring subscription revenue grew to $65.3m, up 20 per cent from $54.3m in the year-ago quarter and 75 per cent of total revenue. Appliance revenue though, was down, at $21.3m, …
Chris Mellor, 08 Jul 2016
 Good GCSEs should cost parents a Jesus-phone

RM: School spending on tech is soft, soggy and downright subdued

School spending on tech remains “subdued”, according to specialist education supplier RM at the half-way stage of its fiscal year 2016, ended 31 May. Revenue slid 3.8 per cent year-on-year to £76.8m, but excluding the disposal of SpaceKraft, which made sensory learning devices for children with special needs, sales fell 1.4 …
Paul Kunert, 04 Jul 2016
Bin

Atlantis retreats to core VDI software and appliance market

Atlantis Computing, the software house that produced a VDI (virtual desktop infrastructure) offering and then expanded into general virtual server acceleration and on into hyper-converged appliances, is scaling its product line back to workspace software and hyper-converged appliances, with consequent job losses. Its current …
Chris Mellor, 29 Jun 2016
Logs and an axe

Parliament takes axe to 2nd EU referendum petition

Analysis A petition to nullify the UK’s EU referendum and hold another appear to be riddled with fraudulent data. Raw data examined reveals that many of the participants come from outside the UK, or use IP addresses outside the UK. Only UK or British citizens and residents can create or sign a petition, according to the rules. You can …
Andrew Orlowski, 27 Jun 2016
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BA 'offers' IT bods extra leave, flexible working - unpaid of course

British Airways bosses were this week told to ask staff to "volunteer" to take unpaid leave, as the sorry cost cutting saga enveloping British Airways rumbled on. This includes all BA employees, not just the fleet of techies working at the company, and is in addition to redundancies already confirmed in the last month. “As we …
Paul Kunert, 27 Jun 2016
Jump for joy. Pic: Kate Palana

Intrinsic: We have no CEO. Otherwise everything is tickety-boo

Cisco Gold partner Intrinsic Technology has confirmed it is CEO-less - which Reg readers already knew - but that all is OK, everything is working out as planned. Honestly. As revealed by us this week, the Merseyside-based reseller has burned through four leaders in five years with the latest departure – Mark Bates – having …
Paul Kunert, 23 Jun 2016
stack of newspapers with a pair of ethernet cables next to them

VC buys 5m Violin shares

Pequot Capital hedge fund man Art Samberg has bought 5.3 million Violin Memory shares, showing faith in the company's future. Samberg was CEO, chairman and president of Pequot Capital, which grew to be a $15bn fund around 2006, the then-largest in the world. That was then and Samberg now runs his financial stuff through Hawkes …
Chris Mellor, 21 Jun 2016
Business people move through revolving door. Photo via Shutterstock

Count 'em and weep: Intrinsic looking for fifth CEO in five years

The high office revolving doors at Intrinsic Technology are clearly still swinging - the company is on the hunt for its fifth CEO in five years after attempts to find a buyer ended unsuccessfully. Top dog Mark Bates has left the organisation after two years in charge and been replaced on an acting basis by non-exec chairman …
Paul Kunert, 21 Jun 2016
Data centre

What's DriveScale up to? Mix-'n'-match server and disk storage, for starters

Backgrounder DriveScale is a startup that emerged from a three-year stealth effort earlier this year with hardware and software to dynamically present externally connected JBODS to servers as if they were local. The idea is to provide composable server-storage combos for changing Hadoop-type distributed workloads. It is meant to share the …
Chris Mellor, 21 Jun 2016
Cartoon of employee asking wky boss makes hium wear suspenders (while pincer through open trapdoor remains poised above his head) illustration by Cartoon resource for Shutterstock

Hey cloud lawyer: Can I take my client list with me?

You spend months or years building up a client list for your employer. You nurture the relationship and build up personal ties with the client. When you leave the employer, naturally the client goes with you. And so does the client list, via a USB stick or Dropbox or your webmail account. If you don’t get all the details before …
Frank Jennings, 20 Jun 2016
Slippery slope sign

PC market sinking even faster than first thought, thanks to Windows 10

The abacus-shufflers of analyst firm IDC have revised their 2016 PC sales forecasts downwards. The firm now says PC shipments “... are forecast to decline by 7.3% year over year”. That's “roughly two per cent below earlier projections as conditions have been weaker than expected.” The firm names “weak currencies, depressed …
Simon Sharwood, 10 Jun 2016
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Wikimedia boss scoops $100,000 payrise – after stepping down

The former head of the charity that collects and dispenses cash from Wikipedia’s fundraising secured a pay rise worth almost 50 per cent – after she stepped down as chief executive. The details only emerged after the US-headquartered Wikimedia Foundation released its 990 tax form for 2014-15. Gardner joined the WMF in …
Andrew Orlowski, 08 Jun 2016
head of 50s-style robot

Lights! Camera! Infraction! Filmmakers behind 117 meeellion robocalls to shift DVDs

Three American film companies made 117 million illegal robo-calls to flog DVDs, a court has ruled. A jury in the Utah District Federal Court found the three outfits and their owner guilty of violating the FTC's Telemarketing Sales Rule (TSR) by making the millions of calls touting DVDs of their movies. Ninety-nine million of …
Shaun Nichols, 02 Jun 2016
Pennies in a jar. Photo via Shutterstock

Go Comparex: Microsoft house counts cost of dealing with Gov.uk

The cost of righting historic accounting wrongs and winning lower margin or empty calorie government business has left Microsoft licensing slinger Comparex UK nursing losses. The firm piled on the British Pounds in the year ended 31 March 2015, growing turnover organically by a whopping 31 per cent to £41.95m, P&L accounts …
Paul Kunert, 02 Jun 2016
Marc Benioff of Salesforce. Pic: Techcrunch

Salesforce slurps up Demandware for $2.8bn

Cloudy CRM biz Salesforce has slurped up e-commerce provider Demandware for $2.8bn (£1.9bn) in a bid to broaden its portfolio. Salesforce has rarely turned a profit in its last 17 years, preferring to prioritise growth - a strategy its newest acquisition will reinforce. For its full-year ending January 31, Salesforce posted $ …
Kat Hall, 01 Jun 2016
AS/400

Scale Computing is a tiny fish in a small pond. Fancy its chances?

Comment Scale Computing is one of 13 suppliers attacking the hyper-converged infrastructure market. Not all will survive. What has it got that makes it distinctive and gives it the potential for success? Scale’s difference is based on its SMB customer approach, meaning low-cost and simplified admin, and cleaned up IO stack. This, it …
Chris Mellor, 31 May 2016
management governance3

Tech spending in Europe is slowing, a fatter Tech Data belches

Tech Data has said it is countering the slowdown in IT spending across Europe by nabbing market share from Ingram Micro rivals, though it stopped short of naming those leaky ships it is pinching business from. The IT distie titan reported group sales of $6bn, up one per cent year-on-year for Q1 ended 30 April; revenues in the …
Paul Kunert, 27 May 2016