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Articles about Dollar

Bitcoin ban row latest: 'Unstable, loved by criminals' Yup, that's the US dollar – Colorado rep

A US Congressman has proposed a ban on the American dollar to mock colleagues who are campaigning against Bitcoin. Rep. Jared Polis (D-Colorado) said the American dollar bill, much like the Bitcoin cryptocurrency, was "unregulated and unstable," and had been used for illicit criminal activity. Polis, a former web entrepreneur …
Shaun Nichols, 06 Mar 2014
TwitterIPO

Twitter sets up BEELLION-DOLLAR credit line ahead of IPO

Twitter has set up a billion-dollar loan ahead of its initial public offering from a group of big banks. The microblogging site has set up a revolving credit facility from Goldman Sachs, Morgan Stanley, JP Morgan, Bank of America Merrill Lynch and Deutsche Bank, as well as others, sources whispered to Reuters. All five banks are …
wall_street

Oracle takes an arrow to the EPS: It's that darned strong dollar... again

Oracle is claiming a $9.3bn haul of revenues, up 4 per cent year-on-year, in its third quarter of fiscal 2014 – but that fell short of Wall Street analyst earnings expectations. The company said that on the quarter it saw GAAP earnings per share of $.56, up 8 per cent and just short of the projected 10 per cent increase. Overall …
Shaun Nichols, 19 Mar 2014

Google poised to become world's first TREEELLION DOLLAR company?

Now that 2014 is up and running, you might be looking over your stock portfolio and reevaluating your investment options. If so, one analyst has a bit of advice: go long on Google, which he believes may become the world's first trillion-dollar company. That's trillion. With a "T". As pointed out in a "welcome to the new year" …
Rik Myslewski, 03 Jan 2014

Big data: You've got to spend a dollar ... to make fifty-two cents – report

What do you expect from big data mining: easy-to-find gold nuggets of information from the dark pits of the data dumps? According to a recent report from the Wikibon consulting group, almost half of big data projects fail. It also found that the payoffs – using current technology – are not yet worth the costs of running the …
Chris Mellor, 01 Oct 2013
The Register breaking news

Facebook turns billion-dollar profit into tax refund

Bloomberg is reporting that Facebook has managed to parlay a billion-dollar profit for 2012 into a tax refund of US$429 million. According to an analysis by Citizens for Tax Justice, The Social NetworkTM got its tax break through deductions for the cost of executive stock options and share awards. For tax purposes, these are …
Panasonic_plasma

Panasonic throws in towel on plasma tellies, preps for BILLION-dollar kick in pants

Panasonic is reportedly planning to pull out of the plasma TV business by the end of the financial year. The TV market has proved more and more unprofitable for once-dominant Japanese consumer electronics firms and Panasonic was expected to give up on the plasma display industry at some point, though its exit is sooner than …

Zuckerberg tops the list of most generous Americans with billion-dollar gift

Last year Mark Zuckerberg and his wife topped the list of the most philanthropic Americans thanks to a donation of $992.2m to the Silicon Valley Community Foundation. You might have thought that Bill Gates would top such a list, considering the billions he has ploughed into his own charitable foundation, but this year Big Bill …
Iain Thomson, 10 Feb 2014
SOURCE: http://www.sxc.hu/photo/959469

BILLION DOLLAR BALLMER: Microsoft chief makes $1bn simply by quitting

Steve Ballmer has just seen his personal wealth surge by a cool $1bn after announcing his retirement from Microsoft - which immediately caused the company's stock to soar close to a 12-month high on Wall Street. The software vendor, which trades on Nasdaq under the MSFT banner, saw its shares initially surge by close to 9 per …
Kelly Fiveash, 23 Aug 2013
Ultrastar He6

Million-dollar new disk tech could be USELESS for array vendors

We've seen a lot of innovation in disk drive technology over the past year or so, tech into which millions of dollars of R&D as well as large amounts of time and effort have been poured. But from where we're standing at the beginning of 2014, it may ultimately be totally useless for storage array vendors. I'm thinking of …
Chris Mellor, 13 Feb 2014
Yahoo! CEO Marissa Mayer and CFO Ken Goldman

Who! wants! cursed.com? Yahoo! flogs! domains! in! multimillion-dollar! sale!

Just when you thought there were no more good domains available, Yahoo! has decided to auction off a list of URLs that it says it no longer needs – and a lot of them are prime internet real estate. "This year, we found a huge list of domain names that the company has owned for quite some time," Yahoo! attorney Kevin Kramer wrote …
Neil McAllister, 13 Nov 2013
Firefox OS RHS teaser

Mozilla takes wraps off 25 DOLLAR Firefox OS smartphone

Ever in search of the next few billion people who will access the internet for the first time in the coming years, Mozilla has unveiled a reference design of a smartphone that it says could sell for as low as $25 (£15). The entry-level prototype running Mozilla's Linux-and-HTML-based Firefox OS was unveiled at the Mobile World …
Neil McAllister, 24 Feb 2014

Quadrillion-dollar finance house spams Reg reader with bankers' private data

IT staff at the world's largest securities transaction clearing house are facing a rough few days after a Reg reader was inadvertently deluged with emails leaking session IDs, transfers, and account details for executives at big-name customers. The Depository Trust & Clearing Corporation (DTCC) handles the vast bulk of stock and …
Iain Thomson, 11 Dec 2013
Rotten apple

Rogue trader gets 2½ years for BILLION-dollar Apple share plot

A rogue trader has been sentenced to 30 months in prison for his scheme to profit from an unauthorised purchase of a billion dollars of Apple stock. The doomed plan – which eventually led to David Miller's employers being forced to put their biz up for a merger or fresh investment – was to buy millions of Apple shares on 25 …

Watch BLUBBERING BILLION-DOLLAR BALLMER: Microsoft goodbye love-gush leaks

Footage of a teary and emotional Steve Ballmer professing his love for Microsoft at a farewell bash has hit the web. The outgoing outgoing CEO told 13,000 workers that the company is like his fourth child, but that “children do leave the house... in this case, I guess I’m going to leave the house”. Ballmer opened his heart to …
Gavin Clarke, 30 Sep 2013
The Register breaking news

Intel supremo backs biz pal SoftBank's billion-dollar bid for Sprint

Intel chief Paul Otellini has told a US regulator that he backs SoftBank's bid for Sprint rather than Dish Network's counter-offer. Otellini said in a letter to the Federal Communications Commission, seen by Reuters, that the $20.1bn offer from Japan's SoftBank for the US's third largest cell network operator would be good for …
The Register breaking news

Lehman Brothers sues Intel over a billion dollar deal

Bankrupt investment firm Lehman Brothers is suing Intel over accusations that it had seized $1bn in collateral in breach of a swap agreement. The bank synonymous with the global financial meltdown told New York's bankruptcy court in a filing that Intel had taken more than its fair share out of its subsidiary Lehman Brothers OTC …
NEC_heart_LCD

Mother/daughter team jailed for million-dollar internet dating scam

A mother and daughter have been jailed for over a decade apiece after pleading guilty to money laundering for an internet dating scam that persuaded the gullible that they were helping US troops in search of love. Vasseurs The mother and daughter team muled over a million to Nigerian scammers Karen Vasseur, 63, and daughter …
Iain Thomson, 30 Aug 2013

Tech Data on its crappy Q2: Don't blame us, blame the strong dollar

Distribution giant Tech Data, daddy of Computer 2000 and Azlan in the UK, has disappointed investors with a blip in its second quarter results. Net sales for the firm slipped 7.6 per cent from the same quarter last year to $5.96bn while net income dropped 26 per cent to $38.3m from $51.7m in 2011. The company said that foreign …
The Register breaking news

'I'd buy that for a dollar': Apple on Moto phone patents

Apple is willing to pay to use Googorola's patented wireless technology - as long as it's no more than $1 per iPhone. The fruity firm made the offer in a filing to a Wisconsin court ahead of a patent licensing trial due to start next week. Google-owned Motorola Mobility is accused of breaking an agreement with Apple over the …
Azure Index

Azure is Microsoft's billion-dollar baby – maybe

Curt Anderson, CFO for Microsoft's Server & Tools Business, was feeling chatty during an interview with Bloomberg, bragging that in the past year Redmond topped the $1bn sales mark with Windows Azure. Or, maybe not. The Bloomberg story doesn't quote whatever Anderson said directly, and if you read down a bit further into the …
The Register breaking news

Billion-dollar high-tech ghost town to run itself without humans

A site in New Mexico, near the city of Hobbs in Lea County, has been chosen as the place to build a shiny new city with all the latest mod cons, smart tech and cool gear, but there's not going to be anyone there to enjoy them, the Associated Press reported. US firm Pegasus Global Holdings is constructing the billion-dollar ghost …
Virident FlashMax

WD's billion-dollar flash slurps: All this tech, and STILL no deal with chip-fryers

WD has splashed or intends to spend a whopping $1.1bn on building its flash technology and products portfolio, in the most aggressive series of moves yet by a hard disk drive vendor into flash, and yet it still hasn't inked a long-term chip supply deal with a flash foundry. Just yesterday it paid $685m for Virident. So what are …
Chris Mellor, 10 Sep 2013

Report: NSA spying deals billion dollar knockout to US cloud prospects

Sustained violations of civil liberties at home and abroad? Yawn. The manifestation of Orwell's nightmares? Snooze. The potential loss of scads and scads of money? Egad, we should really do something about this! That's the gist of a report published on Monday assessing the likely commercial fallout for the US cloud computing …
Jack Clark, 06 Aug 2013

Texas man charged in multimillion-dollar Bitcoin Ponzi scheme

The US Securities and Exchange Commission has issued a warning about the potential dangers of investing in virtual currencies, after a Texas man allegedly managed to bilk residents of multiple states out of Bitcoins worth more than $60m at today's exchange rate. On Tuesday, the SEC announced that it has charged Trendon Shavers …
Neil McAllister, 23 Jul 2013
The Register breaking news

TREELLION DOLLAR mobe bonk-bank alliance goes for barcodes

The consortium of US retailers hoping to own pay-by-bonk have signed Gemalto to process their payments, revealing that on-screen bar codes lie at the centre of the scheme. The consortium, branded the Merchant Customer Exchange or MCX, was launched last August with the intention of hosting a standard platform for mobile-phone …
Bill Ray, 18 Apr 2013
South Park Ginger Cow episode

Google settles copyright suit with Viacom over YouTube vids

Google and Viacom have settled their copyright differences stemming from the media company's accusation that the Choc Factory was posting its shows on YouTube without permission. Viacom alleged that Google was allowing clips from programmes like South Park and The Daily Show with Jon Stewart on YouTube in violation of its …

Another day, another Bitcoin burglary as Bitcash.cz goes titsup

Bitcoin's again in the spotlight after another repository for the crypto-currency was burgled, then shuttered. Czech site bitcash.cz/, once home to over 4,000 Bitcoin wallets, is now offering nothing more than the following text: “Server Bitcash.cz was attacked by hackers. On 11.11. in the evening was broken by server security …
Simon Sharwood, 13 Nov 2013
Quantum LTO-6 Ultrium tapes

Multimillion-dollar sack of Microsoft cash soaks up Quantum's bloodbath

Two charts show the essence of storage biz Quantum's problems: declining revenues are converting profits into deepening losses. But could 2014 be a breakout year? First, here are the quarterly revenues for fiscal years 2011 to 2013: Quantum Quarterly Revenues What happened? Quantum quarterly sales reducing over the years We …
Chris Mellor, 05 Aug 2013
The Register breaking news

'Gozi Trojan trio' blamed for multimillion-dollar bank raid spree

US prosecutors have accused three people of using a bank-account raiding Trojan to infect at least one million computers and steal millions of dollars. Russian national Nikita Kuzmin, 25, Latvian resident Deniss Calovskis, 27, and Mihai Ionut Paunescu, a 28-year-old Romanian, were behind the scam, according to charges filed …
John Leyden, 24 Jan 2013

Bitcoin blasts past $1,000 AGAIN after Zynga accepts cryptocurrency

How better to pay for virtual real estate than with virtual money? The price of Bitcoins has risen beyond the thousand-dollar mark again after games-maker Zynga announced it would trial the e-currency for in-game purchases. At the time of writing, a Bitcoin was worth $1,062.30 on the Mt.Gox online exchange, one of the major …
Video camera

F-Secure won't speak at imperialist lackey RSA's 2014 conference

Fallout from the allegation that RSA helped the NSA undermine crytpography standards is spreading, with Finnish security vendor F-Secure uninviting itself from the 2014 edition of RSA's eponymous conference. The reason, says F-Secure's chief research officer Mikko Hypponen, is that RSA is an imperialist running dog. His strongly …
Simon Sharwood, 24 Dec 2013
channel

Microsoft exec: 'Cloud a half-trillion dollar biz by 2020'

The uptake of cloud services is accelerating faster than initially thought, and could be a half a trillion dollar business by the end of the decade, Microsoft chief operating officer Kevin Turner told attendees of the Convergence 2012 conference in Houston, Texas, on Monday. Turner talked up Microsoft's cloud, Windows Azure, …
Alex Woodie, 19 Mar 2012
DVD it in many colours

X-IO builds million-dollar brick tower for Big Data players

X-IO aiming for the serious data-swillers with its latest piece of kit: the ISE Station X. It's 10 ISE enclosures stacked in a rack, all ready to rock and roll. The storage firm wants to build on its progress with its ISE-2 all-disk and HyperISE mixed SSD and HDD products in enterprises by crafting a product for customers …
Chris Mellor, 24 Jul 2012
RIM BlackBerry Curve 9360

BlackBerry flings John Chen $89 MILLION to save troubled firm

BlackBerry has announced that its new chairman and interim chief John Chen will get $3m in salary and bonuses as well as stock options worth around $86m. The floundering mobile phone firm surprised everyone earlier this week when it said that instead of selling itself off to Fairfax Financial Holdings, it was going to axe chief …
The Register breaking news

Tech Mahindra to swallow Satyam in BILLION dollar deal

The wonderful world of outsourcing is about to get a little bit smaller after Indian tech giants Tech Mahindra and Mahindra Satyam announced their intention to merge, creating India’s fifth-largest IT and outsourcing group by revenues. In reality it is Tech Mahindra in the driving seat, as the outsourcing giant bought a …
Phil Muncaster, 22 Mar 2012
carving of kiwi

Dotcom wants NZ to have fiat-backed crypto-currency

Either New Zealand is leading the world in April 1 news stories, or Kim Dotcom's Internet Party is not only proposing a government-backed crypto-currency, but thinks it should operate in parallel to the country's fiat currency. Since the story starts on March 26, Vulture South is forced to at least accept the hypothesis that the …

Schmidt gets $100m in Google stock on top of his $6m bonus

Google chair Eric Schmidt has gotten his second $100m dose of restricted stock units in less than three years. The Chocolate Factory said in a filing with the Securities and Exchange Commission that Schmidt was getting the stock award along with a $6m cash bonus for the year next week. The firm said the sizeable package was "in …

Apple sued in Texas troll territory for iMovie patent infringement

Apple has been sued by a small Texas firm for patent infringement related to how it tags, stores, and assembles video content in its consumer-level video-editing app, iMovie. The patent in question, US Patent No. 5,684,514, "Apparatus and method for assembling content addressable video," was filed in May 1994 and granted in …
Rik Myslewski, 07 Apr 2014

2012: second costliest year for weather and climate-related disasters

Weather and climate-related disasters in the US during 2012 were the second-costliest since detailed estimates began to be calculated in 1980. Last year's damages were exceeded only in 2005, when four hurricanes made landfall, including New Orleans–destroyer Katrina. In 2012, 11 such disasters accounted for $1bn or more in …
Rik Myslewski, 21 Jun 2013

Oracle's Larry Ellison has the MOST MASSIVE PACKAGE IN PUBLIC

Oracle founder and chief exec Larry Ellison has managed to stay one of the highest-paid CEOs of the hundred largest publicly traded US firms for another year, despite his shrinking package. Ellison topped the lot with a take-home of $78.4m in 2013. That's a hefty hunk of dosh, but it was down $18m from his 2012 compensation. The …
cloud

OpenText says punters want low latency, sovereignty certainty

Last week, OpenText joined the growing number of international software outfits to stretch its cloud to Australia. Vulture South spoke to engineering senior VP Muhi Majzoub about the decision to host a local data centre. With 30 racks and what the company told El Reg is a multi-million dollar investment, Majzoub said the …
Qantas A380 tail

Qantas' biggest problems are … Apple, Samsung and Google?

Australia's flag carrier Qantas last week announced it will cut 5,000 jobs, ground planes, quit unprofitable routes, stop expansion of its budget offshoots and, in all likelihood try to replace its little sachets of peanuts with something cheaper. The airline blamed legislation, market conditions, foreign governments and just …
Simon Sharwood, 02 Mar 2014

My smelly Valentine: Europe's perfumers wake to V-Day nightmare

A number of key ingredients used in perfume brands could soon be banned or restricted in the European Union, following health concerns about some of the compounds used in well-known fragrances including Chanel No 5. Brussels officials recommended on Thursday that three substances found in woody scents, including the oak and tree …
Kelly Fiveash, 14 Feb 2014

Fairfax shovels another $250m into buying BlackBerry debt

BlackBerry backer Fairfax Financial is set to buy another $250m of its convertible debentures, which should give the ailing mobile firm a much-needed shot in the arm. The companies said that Fairfax's generosity was part of an additional debenture option as part of BlackBerry's successful placement of $1bn worth of debentures …
3GSM Qualcomm VGA

Jury smacks Qualcomm for UNLAWFUL TECH in iPhone, Galaxy chips

Wireless comms firm ParkerVision has seen its shares soar today after a jury ruled that chipmaker Qualcomm had infringed its patents in a million-dollar trial over mobile phone chips used in iPhones and Galaxy devices. The federal jury decided that Qualcomm had infringed on ParkerVision's intellectual property, finding that none …

Eric Schmidt trousers his monstrous package at Google

Top Googler Eric Schmidt is getting a tasty $6m bonus for his performance at the Chocolate Factory this year, part of a package of $15m getting spread around among the C-suite Oompa Loompas. Neither of the firm's co-founders, chief exec Larry Page and Sergey Brin, are getting a 2012 bonus: but Google's top lawyer, the head …
The Register breaking news

Billion dollar telescope snaps galactic head-on

The first images are in from the immense ALMA radio-telescope array, under construction at 16,500 feet in the Chilean desert, and they reveal a galactic collision of near-unimaginable violence and equally mind-boggling beauty. The images show the collision of paired galaxies, NGC 4038/4039, which combine in what's become known …
Rik Myslewski, 11 Oct 2011
Toilet

Relief when urine trouble becomes latest capacity-sharing service

Under-utilised-resource-sharing services were last year's darling in startup-land, with the likes of Uber and AirBnb feted for being jolly clever and making rather a lot of money for participants. The unused-capacity sharing concept has now gone down the toilet, literally, with the launch of a new outfit called Airpnp. Before …
Simon Sharwood, 04 Mar 2014

Foxconn to staff: ‘Put down the drill and launch a start-up!’

Foxconn boss Terry Gou wants to let a hundred flowers blossom at the contract manufacturing giant, with new plans to support up to five spin-off companies every year in a bid to strengthen the firm by supporting entrepreneurship. Chairman Gou, who has seen the company he founded 40 years ago grow into a multi-billion dollar …
Phil Muncaster, 17 Feb 2014