Articles about Assets

Photo by Guillaume Paumier

The Schmidt's hit by the fan: Alphabet investor sues Google bigwigs over EU antitrust ruckus

An Alphabet shareholder is suing company executives – including exec chairman Eric Schmidt, CEO Larry Page, and president Sergey Brin – for their roles in Google's EU antitrust case. Robert Jessup has filed suit [PDF] in a California state court against more than three dozen people, including the Google cofounders and long- …
Shaun Nichols, 26 May 2016

Hulk Hogan's sex tape, a Silicon Valley billionaire, and a $10m revenge plot to destroy Gawker

Analysis It's long been feared that satire may be dead. But the proof seems to have arrived in reports that Silicon Valley billionaire Peter Thiel is secretly funding a Hulk Hogan sex-tape legal case against media outlet Gawker as part of a 10-year revenge fantasy for outing him as gay. The Hogan case was already a weird one: he was …
Kieren McCarthy, 25 May 2016

Citrix dodges death, returns with bigger XenServer and NetScaler

Citrix has unified its networking products and made big additions to its virtualisation stack. Last things first: XenServer is now in version 7, which means it gains support for Intel's Iris Pro graphics technology. In theory that makes XenServer a better platform for graphics-intensive desktop virtualisation (VDI) chores. …
Simon Sharwood, 25 May 2016
Mark Lawrie of CSC and Meg Whitman of HPE in the video announcing the merger of their services operations

HPE spins out enterprise services business into CSC

HP Enterprise (HPE) has spun out its enterprise services business into CSC, creating an entity with US26bn of revenue. HPE has made lots of noise about turning around its services division, largely by aggressively reducing its headcount. In this move, HPE will be senior partner in the new entity by revenue and headcount but …
Simon Sharwood, 25 May 2016
Green data centre

Your next server will be a box full of connected stuff, not a server

Servers are about to devolve into bespoke collections of compute and storage, says Gartner veep and distinguished analyst Andrew Butler. Speaking last week's Infrastructure Operations & Data Centre Summit in Sydney, Butler said the days of buying a server to handle a specific workload are nearly gone. Instead, you'll soon shop …
Simon Sharwood, 23 May 2016
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Bangladesh government domain turned into toxic phishing hole

Netcraft security man Paul Mutton says the Bangladesh Government has been used in banking phishing attacks targeting customers of Wells Fargo, Google, and AOL. The domains are restricted Government assets which Mutton says could indicate lax security controls. The popped server is located in the UK hosted by Nibs Solutions …
Team Register, 20 May 2016

ARM buys IoT's camera crew, Eyes of Things biz Apical

Chip-designer ARM has snapped up London-based imaging and embedded computer biz Apical for £242m, in a bid to further branch out from the slowing smartphone market. Apical's imaging products are used in more than 1.5 billion smartphones and approximately 300 million other consumer/industrial devices including IP cameras, …
Kat Hall, 18 May 2016
Still from Minions cartoon trailer.  	Copyright: Universal Pictures

Hey you – minion. Yes, IT dudes and dudettes, they're talking to you

Sysadmin Blog Who are you, dear reader, and why are you reading this? If you've a yen to answer that literally, by all means please do, but the question is somewhat more metaphorical in intent. I'm not seeking an existentialist answer about your sense of purpose in life, but I am hoping that you can answer – to yourself if to no one else – …
Trevor Pott, 18 May 2016
Music listener rasta

Pandora investor: Sell this company sooner rather than later

A major investor in Pandora wants the company to sell out while it can. Hedge fund Corvex Partners has revealed that it owns 10 per cent of the veteran streaming music company – and that selling out to a larger company is preferable to pursuing a "costly and uncertain business plan." In a US Securities and Exchange Commission …
Andrew Orlowski, 18 May 2016
Man in a suit drinking tea out doors reading from his tablet

Warren Buffett picks Apple

Apple’s Wall St fortunes have received a boost from veteran investor Warren Buffett. His Berkshire Hathaway took a 9.8-million-share stake in the firm at the start of the year, news that boosted Apple's stock two per cent before trading on Monday. Buffett traditionally limited his exposure to tech stocks – he holds an 8.59 per …
Gavin Clarke, 16 May 2016
BT Openreach at work

Comms providers call on Ofcom to get tough on Openreach

Communications providers Sky, TalkTalk and Vodafone have called on Ofcom to dramatically reform BT's Openreach in a "10 point plan" published today. The action plan published by membership body the Federation of Communication Services (FCS) follows a decision by Ofcom not to recommend a structural separation of Openreach …
Kat Hall, 16 May 2016
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I'm in, says insolvency expert, grabs chair on board of Dragons’ Den star's firm

An insolvency and restructuring veteran has taken a seat at the board of moribund cloud services firm Outsourcery as one of the requisite Ts&Cs to secure a funding lifeline from Vodafone. The AIM-listed firm run by former Dragons’ Den badass Piers Linney and joint-CEO Simon Newton revealed David Duggins, senior advisor at …
Paul Kunert, 12 May 2016
Containers

Virtuozzo to build full container stack, target the data centre

Virtuozzo is going to build a comprehensive stack of tech for containerised computing. The company is the server virtualisation bits of the now-devolved Parallels, which kept its name for a spin-out devoted to desktop hypervisors. The company's cloud automation assets were sold to Ingram Micro and the Plesk service desk …
Simon Sharwood, 12 May 2016
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A UK-wide fibre broadband investment plan? Don't ask awkward questions

Analysis The pace of fibre broadband deployment in the UK remains a highly contentious issue. But the current lack of fibre isn't our biggest problem: it's the absence of any national strategy. To put our fibre-to-the-premise broadband infrastructure into international perspective, FTTP services are only available to two per cent of UK …
Kat Hall, 11 May 2016
Man shouting the news from a rolled up newspaper

Kogan's Dick on the Web

Kogan, which acquired the online assets of the failed Dick Smith business, has wasted no time relaunching the brand. Dick Smith failed a couple of years after it was set loose by Woolworths, re-launched with more debt than cash, and tried to save itself with a failed pre-Christmas sale and fell into the hands of the receivers …
A dog wearing glasses, on a park bench reading the news paper

Virgin rolls out fibre to 1m

Virgin Media has promised to roll out fibre to more than one million homes and businesses in the UK. Its ultrafast network offers speeds of up to 200Mbps for consumers and 300Mbp. Overall the biz is seeking to connect 17 million premises to the network by 2019. In contrast, BT has been slammed for its reluctance to invest in …
Kat Hall, 27 Apr 2016
Big cloud, image via Shutterstock

Outsourcery inks Vodafone finance deal as selloff rumours grow

Sickly slinger of cloud services Outsourcery has signed a finance deal with Vodafone to keep the wolves from the door as it prepares to restructure – or do what some are interpreting as readying itself for a sale. The AIM-listed bringer of infrastructure, apps and UC services revealed at the start of this week it is again …
Paul Kunert, 27 Apr 2016

Thunderbird is GO: Mozilla prepares to jettison mail client

The Mozilla Foundation, which last year flagged its intention to push Thunderbird out of its nest, reckons it's identified possible new homes – including itself. In a report provided to Mozilla by Simon Phipps, the Software Freedom Conservancy and The Document Foundation are named as possible hosts for the project. Phipps …

SecureWorks' sorry IPO falls $48m short of aim

In the first initial public offering of the year in the technology sector, Dell's infosec subsidiary SecureWorks has raised much less than expected. Despite plans to raise $160m with the IPO, Dell has pocketed only $112m after selling eight million shares at $14, merely 70 per cent of its aim. The squib of an IPO is …
The CST-100 descends by parachute with airbags deployed. Pic: Boeing

Oh dear, IBM. Storage isn't looking like a cash cow any more, is it?

IBM's storage hardware revenues continue falling as growth businesses stay submerged under the declining ones. In its first quarter of 2016 results, IBM's storage hardware revenues were, at $433.5m, six per cent down year-on-year, continuing the now familiar trend. This was a billion-dollar-a-quarter business in the fourth …
Chris Mellor, 19 Apr 2016
Big cloud, image via Shutterstock

Quantum of solace: Mega cloud signing to end years of hurt?

Quantum says it has won a major cloud storage deal that could help reverse years of falling revenues. It's also announced a new chief financial officer: Fuad Ahmad will take over from Linda Breard. Breard became Quantum's chief beancounter in January 2011, and resigned in January to pursue another opportunity. Ahmad gets an …
Chris Mellor, 19 Apr 2016
Yahoo! branded bus

What's wrong with the Daily Mail buying Yahoo?

Analysis Right now the Daily Mail Group is worth at most £2.5bn, and the few content assets that Yahoo! is supposed to be selling, are already worth way more than that. But the issues go deeper. DMG – parent both of the Daily Mail print newspaper and the massively successful online site Mail Online – has no magic answer to “How to …
Faultline, 18 Apr 2016
Man on bicycle talks on mobile on busy Brussels street. Photo by Alredo Cerra via Shutterstock

Europe's new privacy safeguards are finally approved, must invade EU nations by 2018

Analysis The General Data Protection Regulation (GDPR) has been ratified by the European Parliament. The final seal of approval follows successful passage through the EU Parliament's Committee on Civil Liberties, Justice and Home Affairs. Following four years of discussions and amendments, the GDPR is now officially EU law and will …
John Leyden, 14 Apr 2016

Database of patent licence terms could help resolve FRAND disputes, says expert

Making the terms on which patents are licensed available for public scrutiny could help businesses, courts and regulators determine if the terms of other patent agreements are fair, reasonable and non-discriminatory (FRAND), an expert in valuing intellectual property (IP) has said. Dr Roya Ghafele, director of Oxfirst, told …
OUT-LAW.COM, 14 Apr 2016
Melted chocolate clock by Emily McCracken, CC2.0 license

iOS 'date bug' can be exploited over Wi-Fi using NTP

Back in February, Apple nearly fixed the “1970” date bug that bricked iDevices running 64-bit iOS 8 or higher when their clocks were set to January 1, 1970. Apple blushed red and issued a patch, but according to PacketSled's Matt Harrigan and Critical Assets' Patrick Kelley, “you missed a spot”: the bug can still be triggered …
Suitcase full of money

Dell infosec unit SecureWorks given $1.42bn price tag in IPO

Dell's cyber security subsidiary SecureWorks has been valued at up to $1.42bn ahead of an initial public offering. SecureWorks filed to go public in December 2015. The S-1 form placed with the United States Securities and Exchange Commission (SEC) at the time offered a $100m placeholder figure before the valuation, though this …
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Telstra being paid to fix Telstra's network for NBN – AGAIN

Telstra has once again won work with nbn, the entity building Australia's national broadband network (NBN), announcing it's secured a contract worth AU$1.6 billion to work on the hybrid fibre-coax (HFC) cable broadband network to sold to nbn. The biggest beneficiary of NBN policy of successive governments, the incumbent …
Pawn Shop

Cash-strapped Sprint to raise $2.2bn by flogging off its network hardware

Mobile carrier Sprint says it will raise $2.2bn by selling and then re-lease its own network hardware. The SoftBank-owned US telco said it will use money from the sale to return to profitability by providing a much-needed infusion of cash, as it works to turn around a business that had become a cash sink. "Sprint and SoftBank …
Shaun Nichols, 07 Apr 2016

Homeland Security report hoses down energy-sector 'cybergeddon' talk

+Comment Everybody knows how easily the world could be plunged into a New Dark Ages with nothing more than a handful of hacker keystrokes – everybody except the United States Department of Homeland Security (DHS). In a report obtained and published by Public Intelligence researchers, the DHS contradicts most of the received wisdom …
Bitcoin is the future of money CC 2.0 by Jonathan Waller https://www.flickr.com/photos/whitez/

Not Bitcoin, but close: Red Hat and Microsoft bite into blockchain tech

Red Hat is offering upstart financial types the opportunity to play with blockchain tech on its OpenShift platform. The news comes a day after Microsoft struck a deal to investigate blockchain tech in partnership with major financial institutions. In a blog post, Redmond exec veep of business development, Peggy Johnson, wrote …
Joe Fay, 05 Apr 2016

Microsoft account-hijacking hole closed 48 hours after bug report

British researcher Jack Whitton has reported a Microsoft account hijacking authentication bug that would have been another arrow in an attacker's phishing quiver, save for the fact that Microsoft fixed it. Whitton quietly reported the flaw to Microsoft which pounced and took only two days to process and patch the flaw. The …
Team Register, 05 Apr 2016

China enacts 'real name policy' for internet addresses

China has enacted its own version of Facebook's "real name policy" for the registration of internet addresses. Under renewed rules covering companies that are allowed to sell domain names and run top-level domains in China, there is now a requirement for those companies to introduce the capability for "real name verification …
Kieren McCarthy, 01 Apr 2016

Brexit: Time to make your plans, UK IT biz

Analysis The Brexit debate continues and, with the Leave and Remain camps neck and neck, it looks likely that the undecided few will carry the result. It seems that we can expect more headline-grabbing soundbites until the vote on June 23. The polarised nature of this debate is throwing up some interesting oddities, so you might be …
Frank Jennings, 31 Mar 2016
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Military intelligence, AI style: MoD cosies up to Massive Analytic

The Ministry of Defence (MoD) has received a “milestone” report from Massive Analytic, a company developing an “artificial precognition and decision-making support [system] for persistent surveillance-based tactical support.” Massive Analytic, as we reported last year, is an automated analytics startup – and one of 24 SMEs …

When should you bin that old mainframe? Infrastructure 101

It's very easy to forget that buying kit for your infrastructure is just the first step on a long, long road. It's also easy to forget that everyone keeps their infrastructure kit going for years longer than their accountants depreciate it: we've all got something in the comms room that's still clinging to life. And this is …
Dave Cartwright, 31 Mar 2016
Great Hall of the People, seat of Communist party government in Beijing, China. Photo by Shutterstock

Former FBI spy hunter: Don’t trust China on ‘no hack’ pact

A former FBI investigator who helped expose Soviet double agent Robert Hanssen1 warns that enterprises should give up worrying about hackers, “who are now the good guys”, and be more worried about spies. Veteran spy hunter turned infosec exec Eric O'Neill said that espionage has evolved and become increasingly digital as …
John Leyden, 30 Mar 2016

Yahoo! Starts! Sale! Process! To! Fend! Off! Starboard!

Yahoo! has been accused of getting serious about the contentious slow-motion train wreck that is its sale process. The Wall Street Journal reckons the recent threat by activist investor Starboard to sack the board of directors has had its intended effect. The Purple Palace has now set a bid deadline of April 11, for …

Surface Hub: A Howard Hughes folly, or a cunning Post It Note killer?

Analysis Microsoft's Surface Hub is finally shipping, almost eight months after Microsoft began to take orders for the kit. To call Microsoft’s a electronic whiteboard Surface Hub a “boutique” product doesn’t really do the ambitious project justice. It’s hard not to think of the first fruit of the Perceptive Pixel acquisition as a …
Andrew Orlowski, 29 Mar 2016
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When Strongbox bought Strongbox: Behind the Crossroads sale

Have you heard of ETI-NET? We hadn't either, yet it counts EMC as a customer for its data protection services, has more than 2,000 product installations worldwide, and it prompted the Strongbox archival product sale by Crossroads. The sequence of events leading to the StrongBox sell-off has now become clearer. We understand …
Chris Mellor, 24 Mar 2016
wham_bang by Roy Lichtenstein

Cyberthreat: How to respond...and when

Spotting threats in cyberspace is like star gazing. There are lots of them out there, but telling them apart and working out which ones are about to go supernova takes experience and skill. You don’t want to pour the same resource into protecting yourself against every single perceived threat, because no budget can support …
Danny Bradbury, 23 Mar 2016

New UK cyber security centre to work with Bank of England

The UK's new national cyber centre will collaborate with the Bank of England on new cyber security guidance for financial firms when it opens later this year, the government has said. The Cabinet Office announced that the National Cyber Security Centre (NCSC) will be based in London and start operating in October. It said one …
OUT-LAW.COM, 23 Mar 2016
Iain Duncan Smith. Pic: Foreign & Commonwealth Office

Iain Duncan Smith's Universal Credit: A timeline

Universal credit, the proposed one online benefits system to rule them all, has always been Iain Duncan Smith's brainchild – but with his shock departure from the Department for Work and Pensions, will the government finally put a bullet in the troubled project? Announced with great fanfare in 2011, the programme intended to …
Kat Hall, 21 Mar 2016

Apple iPhone GPU designers Imagination axes 20 per cent of staff

Brit chip design house Imagination Technologies will shed a fifth of its workforce in a £27.5m ($40m) cost-cutting spree. The Hertfordshire-based biz said on Thursday it will lay off about 200 people in addition to the 150 it said in February it would make redundant. That adds up to 350 or 20 per cent of its 1,700 headcount …
Chris Williams, 17 Mar 2016

Dell plans sale of non-core assets to reduce EMC buy debt

Dell and EMC have agreed on the documentation to be put to the latter's shareholders at a forthcoming meeting that will vote on the merger of the two companies. And the document reveals that Dell plans to sell off some non-core businesses after the merger. The document in question is a Form S-4, one of the many regulatory …
Simon Sharwood, 15 Mar 2016

Ironic: CCTV systems slide open a backdoor into your biz network

Closed circuit TV systems, designed to protect organisations' physical assets, commonly create holes for hackers to exploit and tunnel their way into enterprise systems. Research carried out by independent consultant Andrew Tierney on behalf of Cloudview – a video surveillance company based in Hampshire, England – found major …
John Leyden, 14 Mar 2016

Rocky times for startups: Mutual funds devalue and VCs turn off money hose

Silicon Valley startups are facing a tough quarter as funders wait to see if a tech crash is on its way. Tech stocks have taken a battering this year, doing far worse than the overall market, and there have been numerous signs that the ludicrous over-valuations of tech companies – especially the so-called "unicorns" – are …
Kieren McCarthy, 11 Mar 2016
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Four crucial deals to pluck Violin Memory away from the trash can

Analysis During the Violin Memory quarterly results earnings call on Thursday, CEO Kevin DeNuccio talked about his company's strategic review with investment banker Jefferies LLC. The review "included both inbound and outbound inquiries of over 40 companies" that might benefit from using or selling "the technology and value proposition …
Chris Mellor, 11 Mar 2016
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Array biz's figures leave little to the Imation

Well, we were expecting diminished revenues and growing losses – and storage biz Imation didn't pull off any last-minute surprises. The Minnesota-based outfit's revenues were down 52 per cent year-on-year in its final quarter of 2015 as it divested itself of everything except its Nexsan array business and the acquired …
Chris Mellor, 08 Mar 2016

What are you doing to spot a breach?

Technology moves quickly, not just in legitimate business, but in the cybercriminal world too. Advanced attack tools are now available on the black market, lowering the barrier to entry for the average online lowlife. They are happy to target large and small organizations alike, and they only have to be lucky once. Security …
Robin Birtstone, 08 Mar 2016

Hack the planet, er, Pentagon: US Dept of Defense puts bounties on bugs

The Pentagon will next month launch the US government's first bug bounty program encouraging hackers to break into its websites in what could lead to a broader invitation to hack state assets for cash. Details on the cash rewards offered under the 'Hack the Pentagon' program have not yet been released. it will use "commercial …
Darren Pauli, 03 Mar 2016