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The Register breaking news

Police to investigate hack attack on Tory bank accounts

The Tory party has called in the cops to investigate whether its bank accounts have been hacked. The move follows the Times' investigation into the party's treasurer, Michael Ashcroft, who it accused of laundering drug money through his interests in Belize. The newspaper based its story on Ashcroft's confidential bank statements …
Kieren McCarthy, 24 Nov 1999
The Register breaking news

IR35 appeal ruling ends

The IR35 appeal ended yesterday, with a judgment expected within the next month. The organisation which took the case to the Court of Appeal, the Professional Contractors Group (PCG), told us it was "optimistic" about the case although refused to make a prediction. The appeal was sought after a High Court battle ended in April …
Kieren McCarthy, 07 Dec 2001
The Register breaking news

UMC loss doubles as sales halve

UMC saw profit turn to loss during its most recently completed quarter - its third - as sales fell by nearly 60 per cent to NT$11.96 billion ($346 million). For the three months to 30 September, UMC lost NT$4.02 billion (NT$0.30 a share), well down on the NT$14.6 billion (NT$1.31 a share) it earned this time last year. It's …
Tony Smith, 30 Oct 2001
The Register breaking news

Sonix-founder Jones resurfaces on Web

Bob Jones, the man who gave Sonix Communications to the world, has set up a company which plans to make the Internet as easy to use as the humble telephone. Equiinet has been backed with a £5 million venture capital injection from Schroder Ventures, which has backed Jones when he set up Sonix in 1992 with £2.1 million. He sold …
Sean Fleming, 30 Apr 1999
The Register breaking news

Acquisitor takes control of Baltimore

Bermuda-based Acquisitor Holdings has finally ousted the board of former e-security company Baltimore Technologies after months of acrimonious debate. Following a combined extraordinary general meeting (EGM) and annual general meeting (AGM) on Monday, six Baltimore directors were replaced by Acquisitor senior management. The …
The Register breaking news

Profit falls at Northamber, but at least it made one

Northamber saw pre-tax profit drop 28 per cent for the year ended 30 June, but said it was doing better than most rivals. Profit before tax was £6.32 million for the distributor, against £8.81 million the previous year. Sales were down 5.4 per cent to £277.73 million. Pre-tax margin fell from 3 per cent to 2.17 per cent, with …
Linda Harrison, 23 Sep 1999
The Register breaking news

SerCom lifts DCC's results

Irish conglomerate DCC plc today posted healthy interim results bolstered by the performance of its IT division DCC SerCom. The group showed an increase of 32.1 per cent in profit before goodwill amortisation and tax for the six months to September to IR£17.155 million based on a turnover of IR£367.706 million. DCC's largest …
Tim Richardson, 09 Nov 1998
The Register breaking news

Freeserve users targeted by free call offer

The UK could be about to become embroiled in bloody battle for ISP supremacy following the official launch today of screaming.net. The service -- a joint venture between rival electrical retailer, Tempo, and LocalTel, an independent Surrey-based service provider for BT -- is to compete directly with the phenomenally successful …
Tim Richardson, 29 Apr 1999
The Register breaking news

Tempo hijacks free ISP service bandwagon

Tempo -- which claims to be the UK's fastest growing chain of electrical and computer superstores -- has pledged that all off-peak calls (6pm to 8am) made from a modem will be free when it launches its screaming.net service later this week. The fledgling ISP -- which has 44 stores up and down the country -- is providing the …
Tim Richardson, 26 Apr 1999
The Register breaking news

Teledesic raises more cash – but global broadband is still dream

Teledesic has raised another $121 million from the Abu Dhabi Investment Company, owned by the Abu Dhabi Investment Authority and the National Bank of Abu Dhabi. This raises the total invested in Teledesic to around $1.5 billion. Deputy chairman Steven Norris of Satellite Holdings, one of the investing organisations in the ADIC …
Graham Lea, 03 Nov 1999
The Register breaking news

Soccer Web boss kicks fortune into the Net

Planet Online founder Peter Wilkinson has hit paydirt for the second time by selling Planetfootball for £24 million. The buyer Sports Internet Limited is cock-a-hoop, pointing out that it is paying only £50 per Planetfootball punter, compared with the £1,000-plus per customer that Dixon's FreeServe is worth -- supposedly. This …
Drew Cullen, 07 May 1999

It's a long way from Cupertino to Roswell, but we'll get there

For those of you who may have missed it, a Cupertino-based company called Apple launched a mobile phone in the US last Friday and sold an awful lot of them over the weekend. It would be hard to miss the iPhone, of course, because it seemed not a single story about mobile phones has gone by without a reference to it - at last …
Billy MacInnes, 05 Jul 2007