Articles about Ceo

Various types of clouds. Photo by Shutterstock

Scalr hosting hit with outage

Cloud management biz Scalr.com was yesterday hit by an outage which knocked customer websites offline. In a post, the company said the problem had been due to an update that included flawed logic, causing server records to be removed but not AWS servers or other cloud servers. One customer got in touch this morning to …
Kat Hall, 19 Jul 2016

EMC: Sales flat but wallets fat. Ready to vote on the merger?

EMC-Dell deal EMC saw totally flat revenues in its second quarter but profits rose 19 per cent. It could have been better as late orders couldn't be fulfilled. Revenues were a straight $6bn, unchanged from a year ago but up 9.6 per cent sequentially. They were $5.9bn two years ago so EMC is arguably standing still revenue-wise. Net income …
Chris Mellor, 19 Jul 2016
A burning dumpster

Dying! Yahoo! writes! off! half! of! the! $1bn! it! paid! for! Tumblr!

Yahoo! fell short of already-low expectations as the shriveling internet icon continues to limp towards its impending sale. CEO Marissa Mayer had no update on the Purple Palace's quest for a buyer, but said the company was still working on the sale of its core business. "In addition to our efforts to improve the operating …
Shaun Nichols, 19 Jul 2016
VMware CEO Pat Gelsinger

VMware promises multi-cloud connection and management products

VMware CEO Pat Gelsinger has dropped a very strong hint that the company plans to get into multi-cloud connectivity and management. In prepared remarks during the company's Q2 earnings call today, Gelsinger said the company plans to offer “unparalleled connectivity, security and visibility across multi cloud IT resources …
Simon Sharwood, 19 Jul 2016
results

What's big, blue and red all over? IBM. Profit, z Systems down, cloud up

IBM today reported its second quarter financial results and the figures don't look good, with profits falling nearly 30 per cent. The venerable computing giant did perform slightly better than analysts expected, however GAAP revenues and profits are both down year-on-year. It's the 17th straight quarter of revenue declines for …
Iain Thomson, 18 Jul 2016
Opera singers

Opera sells open-source Chromium browser for $600m to Chinese bods

Opera will sell its web browser technology to Chinese investors for $600m after a larger sale worth $1.2bn fell apart. The Norwegian company said in a filing to the Oslo Børs stock exchange that it had agreed to an arrangement that will see the Chinese-backed Golden Brick Capital Management private equity fund take control of …
Shaun Nichols, 18 Jul 2016
Man loads in blanket into the washing machine. Photo by Shutterstock

Facebook and Google show how the world really will be blanketed in 5G

Facebook has outdone even Google recently, in its efforts to shake up the mobile industry and accelerate the delivery of broadband services (and its revenue generators) to the entire planet. This is no longer just about using balloons and new spectrum to push affordable wireless access to underserved communities. It is about …
Wireless Watch, 18 Jul 2016
The Mosque at the Taj Mahal, shot from within the Taj Mahal through the marble screens

India tweaks tech colleges to 'become real power in software'

India's decided its massive successes of the last 20 years aren't enough and will tweak its Indian Institutes of Information Technology (IITs) to create home-grown technology colossi. India's IITs are among the most sought-after educational institutions on Earth: about 1.1 million youngsters sit entrance exams to fight for 10, …
Simon Sharwood, 18 Jul 2016
Robot touches screen with finger. Photo via Shutterstock

Did mock cop bot trot on fraught tot? Maybe not

The maker of the security guard robot that allegedly ran down a toddler in a Silicon Valley shopping mall last week has claimed its droid is innocent. Sixteen-month-old Harwin Cheng hit the headlines worldwide after his parents claimed he was knocked down and run over by a 300lb Knightscope K5 bot at the Stanford Shopping …
Shaun Nichols, 15 Jul 2016
Happy penguin, image via Shutterstock

Ubuntu forums hacked

Ubuntu maker Canonical says that its Linux distro's user forums have been hacked, and the usernames, IP addresses, and email addresses of roughly 2 million users have been swiped. Canonical CEO Jane Silber said no passwords were taken via an SQL injection attack, and that the miscreants did not appear to have accessed any …
Shaun Nichols, 15 Jul 2016

McCain: Come to my encryption hearing. Tim Cook: No, I'm good. McCain: I hate you, I hate you, I hate you

US Senator John McCain (R-AZ) has thrown a hissy fit over the refusal of Apple CEO Tim Cook to attend a Senate hearing on encryption. Opening the Committee on Armed Services' hearing on cybersecurity this morning, McCain went out of his way to note that Cook has declined the senator's invitation to give testimony alongside …
Kieren McCarthy, 15 Jul 2016
Privacy image

Cloud giants demand overhaul of America's privacy rules on overseas servers

Technology trade organizations have urged the US Congress to replace the country's antique privacy protection laws – after a New York court stopped American prosectors from seizing emails from servers offshore in Ireland. A Second Circuit Court in the so-called "Irish Warrant" case, brought by Microsoft against the US …
Andrew Orlowski, 15 Jul 2016
Ronan Dunne, CEO of O2

Ronan Dunne jumps O2 ship

Head of O2 Ronan Dunne - he of "sending staff to Capita is better than redundancy" fame - has stepped down from the biz after eight years. Dunne will be replaced by chief financial officer Mark Evans, who has been CFO since 2012. Dunne will step down from the board on 31 July, but will continue to "support the business with …
Kat Hall, 15 Jul 2016

Springpath to focus on Cisco OEM development

Springpath is becoming a Cisco-only development shop, we hear. It’s going to concentrate on its Cisco OEM deal for the hyper-converged Data Platform product and we’re hearing it will defocus from other marketing and selling activities. The hyper-converged infrastructure area is a high-growth one. EMC converged systems …
Chris Mellor, 15 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
Man with head in the cloud

Amazon acquires Cloud9

Amazon has acquired Cloud9 to bolster development offerings on AWS. The two companies announced the deal on Thursday, with Cloud9 CEO Ruben Daniels pledging to continue to develop the company's independent cloud developer tools while working under AWS. "It's still business as usual – we'll continue to work with our Ace Open …
Shaun Nichols, 15 Jul 2016

It's not our fault we don't hire black people, says Facebook

Facebook has explained away another year of dreadful diversity figures by claiming that there simply aren't enough minorities available for it to hire. Despite having been at the receiving end of years of criticism for its overwhelmingly white male workforce, the social media giant's latest figures show that only 4 per cent of …
Kieren McCarthy, 14 Jul 2016
Ice block. Photo by Shutterstock

Blocks appear in DigitalOcean's Droplets

Web compute server hoster DigitalOcean is adding block storage to its cloud-based Droplet servers. Digital Ocean offers Droplet virtual servers in the cloud for $5/month to $80/month depending on their configuration. The entry-level is 512MB RAM, 1 CPU, 20GB SSD and1TB transfer. At the $80 level you get 8GB, 4 CPUs, an 80GB …
Chris Mellor, 13 Jul 2016
recruitment_hired

Dell and EMC name the captain who'll run their $36bn channel biz

Dell has chosen one-time AMD exec and its current veep of sales John Byrne to head up its near-$36bn turnover global channel biz, once it has swallowed EMC in the coming weeks. The $67bn buy of the storage giant is due to close late in July or early August, sources close to the situation told us, when the enlarged organ will …
Paul Kunert, 13 Jul 2016
skylon

Revolutionary Brit-made SABRE hybrid rocket engine to burn in 2020

The makers of the newfangled Synergetic Air-Breathing Rocket Engine (SABRE) have secured the necessary funding to fire up their hardware by 2020. Reaction Engines – the Oxfordshire, England-based team behind the next-gen engine – signed a collaboration contract with the European Space Agency at the Farnborough Air Show on …
Iain Thomson, 13 Jul 2016
China keyboard, image via Shutterstock

Qualcomm's China JV licences ARMv8-A for server CPUs

Huaxintong Semiconductor Technology, the joint venture between Qualcomm and China's Guizhou Province, has advanced its ambition to build ARM-based server silicon by licensing the ARMv-8-A architecture. Guizhou province has set itself up as a centre of excellence for big data and internet infrastructure. Top-tier Chinese telcos …
Simon Sharwood, 13 Jul 2016
sale_648

Reuters flogs IP for $3.55bn

Thomson Reuters is selling off the intellectual property and science arm of its business for $3.55bn in cash. The business, which provides information and related services to companies, universities and governments, has 3,200 employees and will be sold to private equity firms Onex Corporation and Baring Private Equity Asia. …
Kieren McCarthy, 12 Jul 2016
Iris flowers

Hype-filled upstart Symbolic IO hires one-time Micron veep

Rob Peglar, Micron’s departed VP for Advanced Storage, is joining Symbolic IO. Instead of evangelising 3D XPoint memory he’ll be talking about ten times faster IRIS Compute. Peglar becomes an SVP and CTO at Symbolic. CEO Brian Ignomirello said in a canned quote: “ When Rob approached us about joining the company, it reinforced …
Chris Mellor, 12 Jul 2016
News room with blur motion effect

Tintri EMEA VP moves to Gridstore

Doug Rich, VP EMEA at Tintri, has become VP EMEA at hyper-converged vendor GridStore. Rich says CEO Nariman Teymourian has experience, energy and vision and that helped persuade him to make the move. Tintri is a great company with a formidable product, but the level of competition in that external storage market sector is …
Chris Mellor, 12 Jul 2016
Cheesy pic of man holding face in shame as accusatory finger emerges from display. Photo via Shutterstock

Trial to store benefits claimants' personal data on blockchain slammed

A government experiment to store the information of benefits claimants using blockchain tech has been slammed by experts, who have warned it could expose highly sensitive personal data. London-based fintech company GovCoin Systems has partnered with Barclays, RWE npower and University College London to trial blockchain …
Kat Hall, 12 Jul 2016
Laptop leaning against a stack of news papers in front of a world map illustration

£1m for music royalty chief

The chief of the monopoly music royalties society PRS for Music earned almost £1m last year. Company house filings show that CEO Robert Ashcroft took home a salary of £989,000, up from £765,000. The remuneration package includes a deferred bonus of £257,000, according to Companies House filings. That means the chief has almost …
Andrew Orlowski, 12 Jul 2016
Michael Dell, photo: Dell

Dell nominates new directors

Dell has nominated the three new directors it wants to sit on its board after the merger with EMC is complete. Ellen J. Kullman, William D. Green and David W. Dorman are its preferred trio. Kullman served as CEO and Chair of DuPoint and oversaw its acquisition of Dow Chemical, so obviously has experience Dell can tap at this …
Simon Sharwood, 12 Jul 2016

Microsoft adds a little badda Bing to Project Oxford AI tools

Microsoft has taken its Project Oxford suite of machine intelligence tools and merged it with other software interfaces to form a new package: Cognitive Services. Launched in May 2015, Project Oxford offered face recognition, and speech and image processing. It was highlighted in CEO Satya Nadella's talk at the Build …
A large hand flicks an icon of a little red man. Image via shutterstock (Lasse Kristensen)

Seagate defrags 14% of workforce: 6,500 axed

Seagate is cutting 6,500 staff, or 14 per cent of its 46,000-strong workforce, across Asia, Europe, the Middle East and the Americas. Those losing their jobs will shown the door over the next 12 months; the redundancies will cost the hard drive maker US$164m. These layoffs are on top of the 1,600 heads put at risk at the end …
Chris Williams, 11 Jul 2016

Google slammed over its 'free' school service

Two Swedish researchers have torn into Google's free school service, accusing the online giant of purposefully misleading users in order to continue profiting from the sale of children's data. Maria Lindh and Jan Nolin from the University of Borås have published a research paper [note: paid access] that digs into the policies …
Kieren McCarthy, 11 Jul 2016

Former Lenovo boss directed to CEO chair in Avnet's exec lounge

Enterprise tech distie Avnet has ejected Rick Hamada from the CEO chair and his seat on the board amid a warning that sales and profits have not tracked to previous forecasts. Hamada’s successor? Bill Amelio, former top dog at Lenovo and one-time Asia Pacific president at Dell who has buckets of experience of running high …
Paul Kunert, 11 Jul 2016

China really wants to get its hands on Idaho's 3D NAND tech

China is looking to license 3D NAND technology from Micron. Beijing wants to free itself of dependence on US, Korean and Japanese memory technologies by building its own, indigenous capability. A report in Chinese-language publication Commercial Times, referenced by DigiTimes, says Tsinghua Unigroup is allying with Wuhan …
Chris Mellor, 11 Jul 2016
jigsaw_puzzle_648

NetApp CEO Kurian: Buying SolidFire was a long-term strategic bet

Interview Chief executives of multi-billion dollar corporations have to have several characteristics, including steel, the ability to see things as they are, and possession of a personal value system that meshes with their corporation’s culture. Some CEOs, when promoted to the top chair after long employment in a corporation, sometimes …
Chris Mellor, 11 Jul 2016
sale_648

HPE dumps software biz into the bargain bin

HP Enterprise (HPE) has reportedly begun entertaining offers to sell its software business. A report from Bloomberg cited sources familiar in claiming that CEO Meg Whitman is looking to sell some or all of HPE's software brands, including Vertica, Autonomy, and Mercury. Talks are said to still be in the early stages with no …
Shaun Nichols, 11 Jul 2016
Telstra from Shutterstock

Consumer advocates call on Telstra to set customers free after outages

Australian consumer group CHOICE wants Telstra to release customers from their contracts, after months of repeated outages. Presenting its latest analysis of telecommunications plans, which unsurprisingly bells Telstra as the most expensive kitty in the litter, CHOICE says “free data days” are no longer an adequate response …

Bad blood: US govt bans bio-test biz Theranos' CEO for two years

It's game over for controversial blood-testing company Theranos with the news that its CEO Elizabeth Holmes will be banned from owning or running a medical laboratory for two years. The decision by the Centers for Medicare & Medicaid Services (CMS) also shuts down the company's California testing lab (it has another in Arizona …
Kieren McCarthy, 08 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
Mclaren F1 car with NTT logo

NTT slips into ITC cockpit at F1 legends McLaren

Notoriously secretive F1 team McLaren-Honda is set to race into the cloud with a worldwide tech partnership with Japanese teclo NTT Communications. Speaking to journalists at McLaren’s Woking HQ team, McLaren Technology Group chairman and CEO Ron Dennis said data and analytics played a key role in the McLaren operation. The …
Joe Fay, 08 Jul 2016
Philando Castile

Facebook ‘glitch’ that deleted the Philando Castile shooting vid: It was the police – sources

The deadly shooting of 32-year-old Philando Castile by a cop during a routine traffic stop in Minnesota on Wednesday just got murkier. Multiple sources have told The Register that police removed video footage of Castile's death from Facebook, potentially tampering with evidence. Castile, his girlfriend Diamond Reynolds, and …
Iain Thomson, 08 Jul 2016
Gridstore HCA

Gridstore eyes up container upstart DCHQ

Updated Hyper-V-based hyper-converged startup Gridstore is in talks to buy DCHQ. Gridstore had hoped to formally announce the acquisition today, but told The Register the deal is still being worked out. It also considered renaming itself Hypergrid after completing the transaction. Gridstore pressed the eject button for CEO George …
Chris Mellor, 07 Jul 2016
Kevin Turner

Microsoft COO jumps ship

Kevin Turner has ended his 11-year stint as chief operating officer for Microsoft and is moving to become CEO of financial firm Citadel Securities. Turner was one of the most reviled senior managers at Redmond and his departure has been expected for some time. He was hired by Steve Ballmer from Walmart, where he spent 20 years …
Iain Thomson, 07 Jul 2016
Artist's impression of the podule in flight, under the balloon. Pic: World View

Capacity limits are utter tosh: Toshiba fattens SSD, disk with flash layers, helium

Analysis Toshiba is looking to boosted flash and disk capacities to grow storage revenues and help returned the troubled company to growth. In a July 6 in-house presentation investor relations briefing by Yasuo Naruke, President and CEO of Toshiba’s Storage and Electronic Devices Solutions Company, information was revealed …
Chris Mellor, 07 Jul 2016

A statement from Steven P Bong concerning alleged CV inaccuracies

EMBARGO 15:00 7 JULY 2016 Recent media reports have drawn attention to alleged “exaggerations” in the CV of President and CEO Steven P Bong. These suggest he embellished or exaggerated his role in a wide range of ventures including military operations, Bitcoin and his ownership of licensed entertainment premises in Shoreditch …
Steve Bong, 07 Jul 2016

Three years in: Can Kurian heal sickly NetApp's woes?

Profile After three years of flat and declining revenues, NetApp needs to regain its mojo and George Kurian is the CEO tasked with doing just that. Kurian, a year into his CEO role, is running NetApp at a time when this external array company par excellence is facing numerous threats: rampant all-flash array competition, hyper- …
Chris Mellor, 07 Jul 2016
Daisywheel with Courier font

WD expects good quarter

Western Digital Corp (WDC) expects revenues of $3.46bn in the just-closed quarter, instead of the forecast $3.35bn - $3.45bn range – $3.4bn at the mid-point. This is its fourth fiscal 2016 quarter and the first with SanDisk results included. CFO Olivier Leonetti is leaving on September 1, with chief strategy officer and EVP …
Chris Mellor, 07 Jul 2016
Pic by Ilya Schurov, Computerra Weekly

Debian founder Ian Murdock killed himself – SF medical examiner

Debian Linux founder Ian Murdock, who died late last year in strange circumstances, killed himself, according to an autopsy report obtained this week. On the evening of December 28, the 42-year-old fired off a string of increasingly incoherent tweets, claiming he had been beaten up by police officers near his home on Green …
Chris Williams, 07 Jul 2016

Even Silicon Valley rolls its eyes as controversial Zenefits ex-CEO reveals he's back in business

It's a Silicon Valley trope, even a badge of honor, that failure is good. Fail fast, fail often. Learn from failure. There are even failure-based meetups where would-be Zuckerbergs share tales of having done miserably. But former Zenefits CEO Parker Conrad is pushing the envelope on what even Silicon Valley is willing to …
Kieren McCarthy, 06 Jul 2016
OSNEXUS_QuantaStor_license_manager_screen

OSNEXUS: Storage upstart that funded itself before gaining angel wings

Take one ambitious Citrix engineering director who wanted to start his own storage company, sprinkle in $2m of angel funding and seven years later you find a IBM SoftLayer-blessed 20-person startup competing with DataCore. Nexenta and $100m+ funding, and other VC-backed software-defined storage vendors. How did that happen? …
Chris Mellor, 06 Jul 2016
Partnership

Microsoft boutiques club together for E5 licensing assault

A handful of Microsoft boutiques are linking arms in a bid to win E5 licensing deals against the bulky resellers and global integrators. E5, sold on a subscription, covers Azure, Enterprise Mobility Suite, Exchange, Office 365 and Office Delve, One Drive, Power BI, Project, SharePoint, Skype for Business, SQL Server and Yammer …
Paul Kunert, 06 Jul 2016
Man shouting through a mega phone with abstract communication icons in the background

EMC told Dell deal 'attractive'

EMC shareholders have been advised to vote "FOR" the proposed merger with Dell. Glass Lewis, an independent proxy advisory firm, has told EMC's shareholders that "the proposed transaction is financially and strategically reasonable" and offers "an attractive premium." EMC shareholders are to vote on the Dell merger at a …