Articles about Ceo

Kaspersky image

Kaspersky so very sorry after suggesting its antivirus will get you laid

Kaspersky has apologized for displaying a sexist pop-up advert in its security software. It's not sorry about showing adverts on people's PCs, however. The Russian giant's desktop software suite flings adverts, er, news items about Kaspersky products at users who have already paid for its applications. On Friday, one of these …
Iain Thomson, 29 Jul 2016
Customer service motivation cube

What's Niu? No longer profitable, revenues down... but we're hiring!

Once-profitable managed services business Niu Solutions is now burning cash and CEO Shaun Ledgerwood reckons the company will take three years to get back in the black. Based in Surrey, Niu Solutions flogs services to the retail and financial sectors, collecting monthly fees on contracts ranging from one to five years. …
Microsoft Lumia 640 XL

Microsoft buries the bad Windows Phone news: Mobile sales collapse

Microsoft has revealed how badly its Windows phone business has crashed via paperwork filed with America's financial regulator, the SEC. Nokia was shipping 7.3 million Lumias per quarter when the deal to acquire its phone unit was announced in September 2013. Nokia was shipping over 90 per cent of Windows Phones sold. But in …
Andrew Orlowski, 29 Jul 2016
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

XtremIO soap opera latest: Cofounder Ehud Rokach steps aside

Ehud Rokach, XtremIO's general manager and previously CEO before EMC bought it, is going to take a break from the biz he cofounded. His replacement is Dan Inbar, once CEO at N-trig, which Microsoft acquired, and a SanDisk exec. EMC announced Inbar’s appointment as CEO of XtremIO this week in Israel, where XtremIO is …
Chris Mellor, 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
Google's Sundar Pichai, speaking at Google I/O 2015

Google, er, Alphabet takes on 10,000 more staff, banks more and more billions from ads

Alphabet, the holding company for Google and the Chocolate Factory's other concerns, has reported strong growth in the second quarter ending June 30, with revenues up 21 per cent from this time last year. Google made up the vast majority of this revenue, accounting for $21.3bn for the quarter, with the other parts of Alphabet …
Iain Thomson, 28 Jul 2016
Raspberry Pi Zero

Avnet sees Dätwyler's bid for Raspberry Pi slinger, raises to £868m

Avnet, the American technical component distributor, has come in at the 11th hour to outbid an existing offer for Premier Farnell, distributors of the Raspberry Pi. Farnell was all set to be sold to Swiss group Dätwyler Holding for £792m, including debt, but a new offer from Avnet with an enterprise value of £868m has now been …
Bring out yer dead!

HPE promises users Itanium server refresh next year. In Dutch!

HPE has told a news outlet in The Netherlands that it's pressing ahead with an Itanium refresh for 2017. The last devotee of the architecture it built with Intel in the late 1990s – which among other things was behind its long lawsuit with Oracle – told Computable last week that the refresh based on the Itanium Kittson chip …

BEEEELLIONth iPhone sold

Apple has announced it sold the billionth iPhone some time last week. CEO Tim Cook's canned announcement contains a telling sentence, to whit: “We never set out to make the most, but we’ve always set out to make the best products that make a difference.” El Reg's corp-speak pars-o-tronic reckons that's a coded message to …
Simon Sharwood, 28 Jul 2016
Drone jammer

Airbus doesn't just make aircraft – now it designs drone killers

Vid A new joint venture between aircraft manufacturer Airbus and California startup Dedrone is selling a security system that can spot drones miles away and knock them out of the sky. The system uses a network of cameras, radars, microphones, and directional scanners developed by Dedrone that can detect and target a standard …
Iain Thomson, 27 Jul 2016

Comcast bleeds cash, users

While other US telcos have had a rough go of it this financial quarter, T-Mobile US and Comcast had good and bad news for Q2 2016 to share with investors this week. For Comcast, in the three months to June 30: Revenues of $19.3bn, up 2.8 per cent on the year-ago quarter. Net income of $2bn, down 10 per cent from $2.2bn a …
Shaun Nichols, 27 Jul 2016
Close up of etched silicon

Brit chip bods ARM quietly piling up cash. Softbank will be happy

Cambridge-based processor design business ARM has posted substantial revenue and profit increases for the months in the runup to the Brexit vote. The company being bought by Japanese megacorp Softbank for £24.3bn, though Softbank has promised that this will be a Brexit in ownership only. ARM will retain its "senior management …
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
Businesspeople look at folder of papers in shock. Photo by Shutterstock

Speaking in Tech: Just expense it! You know you want to...

Podcast speaking_in_tech Greg Knieriemen podcast enterprise This week our techcasters – Sarah, Ed and Amy – talk smack about Yahoo, DNC emails and business expenses. Our special guest this week is Sumeet Singh, founder and CEO AppFormix. The details… (1:00) Epic road trips: “Anything green helps…” (5:07) Verizon, where old web …
Team Register, 27 Jul 2016
Hackers

3D print biz Shapeways hacked, home and email addresses swiped

Custom 3D model printing biz Shapeways has been hacked, who gained access to customers' shipping and email addresses, usernames and hashed passwords. New York-based Shapeways takes 3D designs and prints them for those unwilling or unable to invest in a 3D printer of their own. Its customers received an email today from CEO …
Iain Thomson, 26 Jul 2016
Tim Cook, photo by JStone via Shutterstock

What's losing steam at Apple? Pretty much everything

Apple is trying to put the best face on another bad quarter by saying it has exceeded its own meager expectations. The Cupertino giant had previously warned that its revenues would be down, and Apple execs boasted that they at least were at the high end of those lowered expectations. For Apple's fiscal 2016 Q3, ended June 25 …
Shaun Nichols, 26 Jul 2016

Citrix's GoTo goes to LogMeIn in $2bn merger

LogMeIn has effectively taken over Citrix's unwanted GoTo business. The merger comes after Citrix axed 1,000 staffers in November and threatened to spin off GoTo. The gobble is worth $1.8bn in shares, and effectively puts remote desktop developer LogMeIn in charge of GoTo, Citrix's remote access and conferencing family. …
Chris Williams, 26 Jul 2016
Verizon corporate building

Verizon blames striking workers for dent in sales

Fresh from its $4.8bn acquisition of Yahoo!, Verizon says its sales dropped five per cent year-on-year in its latest quarter, the three months to the end of June. Essentially, US telecom giant's wireless and wireline revenues fell over the year-ago quarter. Here's a summary of VZ's Q2 2016 results: Revenues of $30.5bn were …
Shaun Nichols, 26 Jul 2016
Man types something into Mac while sipping a glass of lemon water. Not a brilliant idea. Photo by SHutterstock

Gridstore deal done: Wrap your mouth around HyperGrid HCIaaS

Gridstore has gone ahead and bought DCHQ. It's also renamed itself HyperGrid and says it delivers the first "HyperConverged Infrastructure-as-a-Service (HCIaaS), an application aware offering that brings the simplicity and ease-of-use of HCI together with a pay-as-you-consume pricing model that scales elastically." CEO and …
Chris Mellor, 26 Jul 2016
Cirrus_clouds

Panzura primps file sync 'n' share replication tech

File sync and sharer Panzura has announced its new SMARTSync tech, which it says will reduce the amount of info sent between sites in a sync-and-share network and speed sharing. The company's CloudFS technology is based on a single name space and global filesystem with on-premises or cloud-based tiered GFS controllers acting …
Chris Mellor, 26 Jul 2016

BlackBerry's new best pals: Microsoft, Google, Samsung

BlackBerry didn't drop any bombshells at its annual Security Summit last week. Unlike previous years, there were no surprise acquisitions or products. But it did conspicuously share the limelight with a number of partners, some of which may make jolly good new owners. On the stage were Samsung, Google and Microsoft. The latter …
Andrew Orlowski, 26 Jul 2016
Iraq fake bomb detector in use

Iraqi government finally bans debunked bomb-finding dowsing rods

So-called Advanced Detection Equipment (ADE) used by the Iraqi army to find explosives have been scrapped – more than three years after the devices were proved to be fakes. Prime Minister Haider al-Abadi ordered a halt to the use of the dowsing-rod-like gadgets after they failed to detect explosives on a truck that killed …
Iain Thomson, 26 Jul 2016
private investigator

Uber's dud private dick given a hard time by judge in stiff surge case

A private investigator hired by Uber potentially broke the law while digging up dirt on someone suing the taxi app biz, a New York judge has ruled. Information gathered by the dodgy sleuth cannot be used in court by Uber, the beak added. Uber and its CEO Travis Kalanick were sued by New Yorker Spencer Meyer, who accused them …
Iain Thomson, 25 Jul 2016
Money down the drain

I'm good, I'm fine, solid quarter, real well ... pants Sprint as it limps past, spilling $300m

US telco Sprint says it is bringing in new customers by the boatload, despite another quarter in which its losses reached well into nine figures. The fourth-largest carrier in the US logged a net loss of $302m as it continues a campaign to rebuild its business model. For the first quarter of Sprint's financial 2016, ended …
Shaun Nichols, 25 Jul 2016
Funnel of cash. Credit: via SXC – http://www.sxc.hu/profile/Leonardini

TN not friends with Zenefits

Embattled HR software developer Zenefits has agreed to pay the state of Tennessee $62,500 for cheating its insurance and regulation laws. The Tennessee Department of Commerce and Insurance said that it will be extracting the fine to settle claims that it allowed employees to sell and broker insurance plans without obtaining a …
Shaun Nichols, 25 Jul 2016

Hans off! Ericsson unplugs CEO after gräsliga results

Ericsson CEO Hans Vestberg has been unceremoniously dumped after another set of disappointing results. The Swedish telecoms' board unanimously decided to ditch their chief exec after he failed to meet analyst expectations, despite having slashed jobs and done his best to cut costs. He has been at the company for 28 years and …
Kieren McCarthy, 25 Jul 2016
The big split

Systemax flogs German sub to CANCOM

The break up of Systemax’s European operations may have just started after it brokered a “definitive agreement” to sell the Misco German subsidiary to CANCOM for an undisclosed sum. Under the terms of the deal, staff and customer lists will be transferred to the new owner. The deal is subject to closing conditions and is …
Paul Kunert, 25 Jul 2016

BlackBerry's licensing strategy looks smart – and a lot like Nokia's

Analysis BlackBerry didn’t show a new phone in New York City at its annual Security Summit last week, and CEO John Chen sounded a bit fed up that the assembled press corps kept asking about phones. But there was enough in his comments to glean how BlackBerry’s device strategy has evolved - and it’s following a familiar path taken by once …
Andrew Orlowski, 25 Jul 2016

Yahoo! She said yes. Verizon confirms $4.8bn acquisition

Verizon has today confirmed it will splash out $4.83bn (£3.7bn) buying Yahoo, with the deal expected to close in the first financial quarter of next year. The telco was one of 40 suitors rumoured earlier this year to be interested, including Google parent Alphabet, Time and even Daily Mail parent DMG. Yahoo! has been on a …
Kat Hall, 25 Jul 2016
udp_7000_648

Data protection biz Arcserve fattens exec ranks with 3 new veeps

CA spinout and private equity-owned Arcserve is growing revenues at double digits, and has hired four new execs to sharpen its finance side, spin out more and better products and keep its channel business growing. Oussama El-Hilali becomes VP of Products, responsible for managing research and development, product strategy and …
Chris Mellor, 25 Jul 2016

Cyanogen Inc 'axes 20%' staff

Cyanogen Inc, which develops an alternative flavour of Google's Android, has reportedly laid off a bunch of staff. The Seattle-based US startup takes code from the open-source CyanogenMod project, adds in some proprietary features, and tries to get phone makers to ship the package with their handsets. Basically, it seems, that …
Team Register, 23 Jul 2016

Intel and pals chuck money at another Fibre Channel killer

+Comment Kazan Networks just got $4.5m A-round funding from Intel, Samsung Ventures and Western Digital Corp for its storage array access acceleration technology. So what? So Fibre Channel and iSCSI external array access are poised to be devastated by NVME over Fabrics (NVMeF) and Kazan is developing a hot little ASIC number that it …
Chris Mellor, 22 Jul 2016
Twilight Zone, 'Time Enough At Last'

Free Windows 10 upgrade: Time is running out – should you do it?

Microsoft's free Windows 10 upgrade offer runs out this Friday, 29 July 2016, one year after the initial release, and a few days before the Anniversary Update. "This is more than a one-time upgrade: once a Windows device is upgraded to Windows 10, we will continue to keep it current for the supported lifetime of the device – …
Tim Anderson, 22 Jul 2016
Mellanox bluefield

Mellanox plans to SoC it to storage speed with Multi-ARM BlueField

InfiniBand and Ethernet adaptor biz Mellanox has storage acceleration SoCs coming to provide faster external array access across NVMe fabrics. Mellanox CEO Eyal Waldman talked about NVME over Fabrics (NVMeF) in his company's second quarter 2016 earnings call. His company makes InfiniBand and Ethernet networking devices, and is …
Chris Mellor, 22 Jul 2016
Burning money, photo via Shutterstock

AT&T: Money? Oh, sure, no I'm fine – I'm doing great (if you ignore my phone business)

AT&T says wireless revenues are down in what was an otherwise solid quarter for the US telecom giant. Its second quarter of 2016 [PDF] period was, overall, a success thanks to solid returns from the newly-acquired DirecTV. They were, however, tempered by falling revenues in other areas. Quarterly revenues were $40.5bn, up 22 …
Shaun Nichols, 21 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
Ashlee Vance, Elon Musk: How the Billionaire CEO of SpaceX and Tesla is shaping our Future

Fear not, humanity – Saint Elon has finished part two of his world-saving 'master plan'

Solar-panel roofs on cars, compact SUVs, and high-passenger-density urban transport are all part of Elon Musk's self-titled "master plan, part deux" for the world. The SpaceX and Tesla Motors supremo has just finished writing the second part of his blueprint for the future of humanity. The ultimate goal is sustainability, Musk …
Katyanna Quach, 21 Jul 2016

DDoS, the cloud and you

Private cloud computing can be a useful way to offload some computing overhead and manage your costs effectively. The switch to operating expenses from capital expenses, the elasticity, the business continuity benefits – they're all real. But so are the dangers of DDoS disaster. There's a problem with moving your servers and …
Danny Bradbury, 21 Jul 2016

The cloud ain't making it rain for Intel right now: Tech giants pause server chip sales

Analysis Intel's stock price fell on Wednesday after it became clear the processor maker is not selling quite as many server processor chips as investors had hoped. The Silicon Valley giant reckons its CPU sales into data centers will hit double-digit growth by the end of the year. So far, with half the year gone, we're staring at mid- …
Chris Williams, 21 Jul 2016

Nitwit has fit over twit hit: Troll takes timeless termination terribly

Comment Twitter this week permanently banned a high-profile self-proclaimed troll, marking a possible sea-change in how the social network tackles its worst users. Baffling web celeb Milo Yiannopoulos was previously temporarily suspended from the service and earlier this year had his "verified" status revoked. Then after Yiannopoulos …
Kieren McCarthy, 21 Jul 2016
Qualcomm Stadium in San Diego

What do you call a spreadsheet with decent numbers for a change? qualcomm_q3_2016.xlsx

Qualcomm is crediting strong sales in China and an infusion of back royalty payments for a better-than-expected quarterly return. The California-based mobile chip designer said that it was able to turn around a lacking performance last quarter thanks to improved licensing revenues from smartphone sales. Additionally, Qualcomm …
Shaun Nichols, 21 Jul 2016

Internet exchange Linx cuts peering prices by 40% after rip-off claims

The London Internet Exchange (Linx) has announced it will slash prices – just one month after the non-profit was pointedly criticized for charging too much. The internet exchange point is Europe's largest provider of internet interconnect services and announced this week it would cut the cost of its LON2 port fees by 40 per …
Kieren McCarthy, 20 Jul 2016
Profits down, image via Shutterstock

Logicalis: Top line shrinks as UK restructuring continues

Restructuring at Logicalis that weighed heavy on the integrator’s financials in recent times will be over and done with at some point before the, er, end of next February. Datatec, the London-listed parent of Logicalis and networking and comms distie Weston, today issued a heads up for first quarter trading ended June - sales …
Paul Kunert, 20 Jul 2016
Welders wearing protective clothing fixing welding and grinding industrial construction oil and gas or water and sewerage plumbing pipeline outside on site. Photo by Andrea Slatter/Shutterstock

Electric Cloud offers cautious corporates Canary choice

Electric Cloud has promised a raft of new deployment options in the latest release of its application deployment platform as it looks to bring the joy of DevOps to even the most crusty and sprawling customers. The San Jose-based firm is one of the most vocal standard bearers for DevOps and Continuous Delivery, and having …
Joe Fay, 20 Jul 2016
Microsoft CEO Satya Nadella

Microsoft Azure doubles up to $800m a quarter – and is wiped out by dying phone sales

Analysis All eyes were on Microsoft's cloud business today as it published its fourth-quarter and full-year financial results. Amid the numbers, Redmond boasted that its Azure revenues from the quarter were up 102 per cent year-on-year – we estimate the cloud service's revenue to be about $800m in total for the period. Meanwhile, …
Iain Thomson, 20 Jul 2016

Correction: There was no hangman's noose, claims Hyperloop countersuit ... it was a cowboy's lasso

An extraordinary fight at tube-travel company Hyperloop One has hit warp speed with a court filing filled with more wild claims. Faced with accusations of physical threats, financial mismanagement and nepotism in a lawsuit from its former CTO Brogan BamBrogan, the company's management has fired back with a 46-page cross- …
Kieren McCarthy, 19 Jul 2016

What keeps former New York Mayor Rudy Giuliani awake at night?

Sketch So, what, if anything, keeps former New York Mayor Rudy Giuliani awake at night? Actually, he told a BlackBerry event today, there is this one thing. “You gotta always worry about a nation with an insane leader,” he told startled attendees. Well, Rudy. It’s funny you should say that. Giuliani had flown overnight from …
Andrew Orlowski, 19 Jul 2016
Raised hands vote

Eat me, Michael: 98% of EMC shareholders back Dell mega-gobble

EMC shareholders have voted overwhelmingly to accept Dell's $60bn plus offer to merge the two companies into a new entity called Dell Technologies. At a special shareholder meeting at EMC's Hopkinton, Massachusetts, headquarters, 98 per cent of those present, representing 78 per cent of the shareholders, voted to approve the …
Iain Thomson, 19 Jul 2016

BlackBerry chief: We don't have to make phones to make phones

BlackBerry CEO John Chen said his company has an internal project to bring Android security up to the level of its BlackBerry 10 platform, which should bear fruit after the release of Android N. He also hinted at a future based around brand and technology licensing. "We have a tremendous amount of technology. We can stay in …
Andrew Orlowski, 19 Jul 2016