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Articles about Double Dip

Sage: Where's this double-dip disaster everyone's crying over?

Sage revealed the fragility of the Eurozone economy continues to give management sleepless nights as the recovery it touted didn't show up. Back home in Blighty, though, growth was described as good. The UK-based accounting software biz pushed up sales two per cent to £661.2m in the six months to 31 March. Pre-tax profits …
Paul Kunert, 16 Jul 2012
The Register breaking news

Official: Britain staggers into double-dip recession doom

Britain has slipped back into recession, preliminary figures released by the Office of National Statistics showed this morning. The UK economy shrank by 0.2 per cent in the first quarter of 2012. That's the second consecutive GDP nosedive, which technically means fears of the country falling into a double-dip recession have now …
Kelly Fiveash, 25 Apr 2012
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Gartner predicts global double-dip recession

Analysts at Gartner are prophesying a global double-dip recession that will test the mettle of corporate CIOs and squeeze budgets, but predict that businesses will continue to invest in IT. "The second recession is about to hit," Peter Sondergaard, senior veep for research at Gartner told an audience of around 8,500 industry …
Paul Kunert, 18 Oct 2011
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Tech firm deals collapse on fears of double dip

Tech M&A activity across Europe dropped by one-fifth in November compared to the previous month amid biting concerns over the state of the economy and a potential slide into a second recession. According to market voyeurs Regent Partners, the 20 per cent fall was accompanied by a continued fall in the value of deals on the table …
Paul Kunert, 08 Dec 2011
The Register breaking news

Royal Mail double-dip billing bug enrages stocking-filling biz

Royal Mail apologised on Thursday for the resurgence of technical problems that have bedevilled the website over recent weeks. The SmartStamp and Online Postage applications are both playing up at the worst possible time of year as business customers rush to get Christmas mail out the door. About 600 of the 30,000 SmartStamp and …
John Leyden, 09 Dec 2011
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Netflix and other OTT giants use 'net neutrality' rules to clobber EU rivals

Cable giant Netflix and other big firms are using calls for greater net neutrality to drive down the prices they pay, according to recently published research. Referring specifically to the Dutch internet market, late last week John Strand of Strand Consulting said: “Net neutrality law (which limits operators’ ability to manage …
Andrew Orlowski, 28 Oct 2014
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FCC probes Googlephone's double dip cancel fees

The US Federal Communications Commission has questioned whether Google properly warns Nexus One buyers that the subsidized version of the inaugural Googlephone carries not one but two early termination fees. If you purchase the Nexus One with a two-year T-Mobile wireless contact, Google knocks $350 off the price of the unlocked …
Cade Metz, 28 Jan 2010
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Gartner: Eurozone crisis will bash IT spending

Enterprise IT spending will stagger and fall this year but may back on one leg in 2012 despite swingeing public sector cuts and the looming Eurozone financial catastrophe. This is according to Gartner, which kicked off its annual Symposium and IT Expo with more talk of a double-dip recession. “The second recession is about to …
Paul Kunert, 07 Nov 2011
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US Supremes limit royalty double dippage

The US Supreme court has overturned a lower court ruling that let South Korea's LG Electronics double-dip on royalty licensing. In a unanimous decision today, the court favored Taiwan's Quanta Computers, delivering a ruling that will limit a patent holder's ability to collect royalties from companies at different stages of the …
Austin Modine, 09 Jun 2008
The Register breaking news

Orange issues refunds after double dipping accounts

Tens of thousands of Orange UK customers had their bank accounts double-dipped after a foul-up between the mobile phone company and its bank. All customers with direct debits due for payment on November 23 and 24 were billed and debited twice. Their accounts will be re-credited tomorrow (Tuesday Nov 26), according to Orange, …
Drew Cullen, 25 Nov 2002

The Bong's NEXT-mas Message for 2012

Christmas is traditionally a time of reconciliation, love and humility. So it's in that spirit that I am reaching out to all of my readers, to say... "FUCK YOU! FUCK YOU ALL: VICTORY IS MINE. THE BONG has WON!" I am aware that I have many critics: and many of you in the dying, meatspace world may not wish to hear this. For …
Steve Bong, 20 Dec 2013
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UK's '£1.2bn software pirates' mostly 'blokes under 34'

The BSA is again bemoaning the lack of deterrents for software piracy after the commercial worth of unlicensed programs in the UK for 2011 remained at £1.2bn, unchanged on the previous year. This equates to a piracy rate of 26 per cent as more than one in four applications installed on users' machines was illegal, the software …
Paul Kunert, 15 May 2012
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Dragons Den Jones to offload Data Select to management

Dragons Den star Peter Jones is understood to be in talks with the management team at Data Select to sell the mobile distributor, according to industry sources. The empire got a bit smaller this week as Jones flogged his machine-to-machine (M2M) comms specialist Wireless Logic to mid-market private equity firm ECI Partners for £ …
Paul Kunert, 19 Aug 2011
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Reseller insolvencies at 9-year high: 89 firms hit the wall

Reseller fatalities remained close to highs not seen since the dot-com bust as small generalist dealers and independent retailers succumbed to economic pressure. Figures from credit reference agency Graydon UK showed that 89 channel firms went under in Q1, edging up from the 88 firms that hit the skids in Q4 and 17 per cent …
Paul Kunert, 12 Apr 2012
The Register breaking news

Budget to cost over a million jobs: Official

Figures from the Treasury suggest the UK economy is likely to shrink by 1.3 million jobs. The figures are a Treasury assessment of the impact of George Osborne's misery budget. Civil servants expect to see between 500,000 and 600,000 jobs go in the public sector and redundancies of between 600,000 and 700,000 in the private …
John Oates, 30 Jun 2010
The Register breaking news

Nintendo cuts full-year forecast – by BILLIONS

The mighty yen and weak sales have combined to take a whack out of Nintendo, forcing the Japanese gaming firm to forecast an even bigger full-year loss. MARIO_POWER_UP The Wii and 3DS maker had previously estimated a net loss for the financial year ending in March of ¥20 billion (£164.2m), but it's now preparing itself to …
The Register breaking news

UK firms splash even more cash on online ads

Despite eurozone woes, volatile markets and double-dip recession fears, online advertising continues to climb in the UK, according to a report on the first half of 2011. The UK's online ad spend grew 13.5 per cent to £2.26bn, the Internet Advertising Bureau (IAB) said, adding that digital advertising now accounted for a record …
The Register breaking news

UK.gov to build child army of software coders

IT and computer science in schools is in serious need of reform, the creative industries minister Ed Vaizey said today, thereby indicating that changes to the school curriculum were on the agenda. The government needs to invest in video games and visual effects talent to help keep the UK "at the forefront" of that business …
Kelly Fiveash, 28 Nov 2011
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Acer eyes 'untapped' rural China as West snaps purse shut

World number four PC-maker Acer is focusing on the folk still buying computers and hoping to grow its China sales by 20 to 25 per cent next year. The Taiwanese firm set up a strategic alliance with Founder Technology last year for that Chinese company to use its trademark on the mainland in an effort to boost its presence there …
The Register breaking news

Gov rolls out 'dedicated area of the internet' for digi-ware tests

The government quango in charge of techbiz development, the Technology Strategy Board, has unveiled new schemes today aimed at greasing the progress of Blighty's general knowledge-wealthiness. In particular, the TSB has brought out a sort of digital playground in which companies can try out new netty stuff with government- …
Lewis Page, 12 Oct 2010
The Register breaking news

Queen unveils draft internet super-snoop bill - with clauses

The Queen has detailed the government's upcoming programme of law-making on a grey day darkened by the gloom of a double-dip recession and plans to massively increase surveillance of the internet in the UK. Opening the new session of Parliament, Her Majesty confirmed on Wednesday that "draft clauses" would be introduced to allow …
Kelly Fiveash, 09 May 2012
The Register breaking news

Are songwriters double-dipping?

Should songwriters get paid for a public performance when you download a song? Thanks to a New York legal case, we'll soon find out. In the United States, three organizations license "public performance" rights for music on behalf of their music publisher and songwriter members: ASCAP, BMI and SESAC. Typical public performances …
Steve Gordon, 13 Apr 2007
The Register breaking news

Tech City hailed as saviour of THE ENTIRE PLANET

"Tech City can be a catalyst that improves the lives of the whole area, the city, the country and in fact the whole world," the Prime Minister's ambassador to Tech City told Queen Mary University's Mile End Group in a lecture this week. "Technology diplomat" Ben Hammersley – who has worked as a journalist at The Times, Wired and …
Team Register, 26 Apr 2012
The Register breaking news

Groupon shares plunge: Drain in sight

On Cyber Monday, a day when tech firms are supposed to be doing quite well, Groupon saw its shares take another tumble on the Nasdaq, landing firmly below the IPO price at $15.24. The daily deals site has seen its stock plummet in the last 10 days, dropping 41 per cent from $26.19 on 18 November, including a 9 per cent fall …
The Register breaking news

World heading for massive jobs slump

The early signs of another jobs slump are already apparent, according to the International Labour Organisation (ILO). The body now estimates that employment in advanced economies won't return to levels seen before the global financial crisis until 2016. “We have reached the moment of truth. We have a brief window of opportunity …
The Register breaking news

Groupon snatches a great deal ... on itself

Groupon's IPO has gone better than expected, with shares selling $2 above the expected top price, valuing the company at almost $13bn. We feared all the pizzazz had gone out of the daily deal site's public outing, after various delays spurred by a rocky market, irregular accounting metrics and an out-of-turn rant by CEO Andrew …

Hedge fund agitator grapples for helm at Brocade

Brocade has reported its quarterly results with a disappointing outlook and found itself the target of an activist hedge fund investor, Elliot Management, scenting under-valued assets it can profit from. For its third fiscal 2011 quarter, ending 30 July, Brocade's revenues were $503m, down from the preceding quarter's $548m, and …
Chris Mellor, 19 Aug 2011
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Struggling tech resellers face winter of annihilation

Reseller insolvencies are predicted to remain at record highs during the December quarter as the UK economy hangs on the edge of a second recession. As exclusively revealed by El Reg in the summer, Graydon stats showed that 175 channel firms went to the wall in the first half of 2011, up 43 per cent on a year earlier, reaching …
Paul Kunert, 24 Nov 2011
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Stay 10 steps ahead of big vendors before they steal your lunch

So far the data centre channel has been reasonably resilient to the economic downturn, but news of a double-dip recession will send many resellers scrambling for their tin helmets. The reality is that value-added resellers (VARs) are being squeezed like never before, and a most unlikely threat has emerged: big vendors offering …
Andrew Binding, 06 Jul 2012
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Gartner karate chops 2011 chip forecast

With demand for PCs cooling and chip inventories piling high, the prognosticators at Gartner now predict that chip sales will fall slightly this year. In Gartner's earlier projection, extracted from a crystal ball in April, the company said that it hoped chip sales would rise by 5.1 per cent to $314bn. That was after realizing …
grab_that_cash

Mighty Blighty's channel like a giant looming across the, er, Channel

IT distributors in the UK shifted some £1.76bn worth of kit and services in Q1, stats from Context reveal. This represents a whopping 18 per cent spike on revenues generated by the channel a year ago in spite of low consumer and business confidence and the storm clouds gathering over the Euro. "The UK market posted stronger …
Paul Kunert, 15 Jun 2012
Paul Martiz

VMware CEO exile rumour: Not a punishment for Maritz

VMware boss Paul Maritz is rumoured to be exiting his virtualisation software powerhouse - and could be replaced by Pat Gelsinger, the head of storage products at parent company EMC. You'd be forgiven for thinking this is a shock move, yet simple facts and observations from our sources point to this being a management tweak …
Gavin Clarke, 17 Jul 2012
The Register breaking news

Osborne to SAVE ECONOMY with help from Media 2.0 websluts

Since the Tories came to power courtesy of a Coalition deal with the Lib Dems in May 2010, two words continue to be bounced around the walls of Whitehall: open and transparency. Later today, Chancellor of the Exchequer George Osborne will detail his painful plans to grow Britain's deflated economy. His autumn statement to the …
Kelly Fiveash, 29 Nov 2011
Our intrepid party playmonaut on a sofa, surrounded by blondes

Think Xmas bashes in your biz are scary? Try partying with the Channel

Etiquette experts Debrett’s has extensive advice for how to negotiate the work Christmas party, including retaining one’s professional gloss and never doing anything one might regret in the morning. Debrett’s has never been to a channel Christmas party. But with a threatened Eurozone double-dip recession, limping distributor …
Steve Bell, 28 Nov 2012
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UK Channel insolvency rates soar to nine-year high

Insolvency rates in the UK channel are at the highest level seen since the dotcom bubble burst, official figures have confirmed. The UK economy is looking shaky: inflation is rising, government is forging ahead with harsh public sector cuts and High Street retailers are going into meltdown; parts of the channel are also showing …
Paul Kunert, 08 Jul 2011
The Register breaking news

More than just snow hurting small biz

Yesterday's fall in GDP cannot be blamed on mere bad weather and shows the government must do more for small businesses or risk a double-dip recession, business lobby groups have said. Yesterday, the Office for National Statistics said the GDP fell by 0.5 per cent in the fourth quarter of 2010, compared to 0.7 per cent growth in …
John Oates, 26 Jan 2011
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Lenovo aims to seize PC crown within 3 years

Lenovo is aiming to become the biggest shifter of PC tin on the planet within three years after recently swiping the number two spot from Dell. The once sleeping dragon is clearly wide awake – Lenovo outpaced worldwide market growth for the last eight consecutive quarters – and in a bullish mood. "We should be able to overtake …
Paul Kunert, 19 Oct 2011
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How to get a job in Australia

Here in The Register's antipodean eyrie, we have good economic news! Australia skipped the worst of the GFC and avoided a recession. Annual growth remains close to three per cent and unemployment hovers near five per cent. We gather things aren't so good elsewhere. Brits seem to be grumbling about a double dip recession and …
Simon Sharwood, 04 Jun 2012
The Register breaking news

Mixed messages for UK small biz

The British economy is showing some signs of recovery, but January's fall in retail sales is a sign that any recovery is weak and still needs help from government and low interest rates. Figures from the Office of National Statistics showed sales fell in January by 1.8 per cent compared to December. David Kern, Chief Economist …
John Oates, 22 Feb 2010
The Register breaking news

Cyberspace conference: All talk and no action

On the first day of the London Conference on Cyberspace (LCC), an optimistic delegate stood up and prefaced his question to the panel with congratulations on the first steps in what he was sure would become known as "The London Cyber Process". It was an optimism the Foreign Office, which was hosting the summit, seemed to share …
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Chip sales continue modest gains, SIA holds steady

The Semiconductor Industry Association (SIA) has released its stats for chip sales in August and says that they grew sequentially by 1.8 per cent from July. The SIA is also holding pat with its forecast for 2010. But semi market watcher iSuppli has trimmed its chip forecast a bit because of reduced demand from consumers for …
The Register breaking news

Sony Ericsson slashes US presence

Sony Ericsson, bowing to the pressures of a Meltdown-induced decline in worldwide handset sales, has announced more layoffs in conjunction with a wide-ranging restructuring. On the same day that President Obama warned that the US economy runs the risk of a "double-dip recession," Sony Ericsson doubled-down on its employee …
Rik Myslewski, 18 Nov 2009
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Beefy 2010 chip forecast get steroids blast

Chip market researcher iSuppli says in its latest forecast for 2010 that semiconductor sales are "already pumped up by bulging demand" but that this year it has "been injected with a powerful dose of growth steroids." And thus, iSuppli is raising its chip revenue forecast for the year. iSuppli was a bit more negative back in …
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Google's Nexus One sales still sluggish

As Google's Nexus One smartphone celebrates its one-month birthday, word comes that Mountain View has sold a mere 80,000 of the devices. But if you believe Google's mobility chief Andy Rubin, that number is just fine with him. When Google's self-described superphone was released, Rubin told GigaOM's Om Malik that he thought …
Rik Myslewski, 05 Feb 2010
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No green shoots for 3PAR

Installation delays and lowered demand have depressed 3PAR's quarterly results, and it sees no green shoots of recovery looking ahead. For its first fiscal 2010 quarter, ended June 30, it expects to report revenues of $44.2m - $44.5m. This is an increase of just 3-4 per cent year-on-year but an 8-9 per cent decline compared to …
Chris Mellor, 15 Jul 2009
The Register breaking news

Job cuts move from private to public sector

Just as confidence is starting to stabilise in the private sector, so employment prospects in the public sector seem to be getting worse. A survey from the Chartered Institute of Personnel and Development and KPMG found fewer firms are expecting to lay people off, and those that are planning to do so expect to make smaller cuts …
John Oates, 10 Aug 2009
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Overland Snaps into iSCSI

Oveland Storage is adding a SnapServer SAN product alongside the SnapServer filer product, and hoping it will be the business growth engine it sorely needs. The SnapServer product is the leading network-attached storage (NAS) product in volume terms and Overland Storage gained it through an acquisition of Snap last year from …
Chris Mellor, 16 Feb 2010
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HP at storage crossroads

In the rosy glow of better quarterly results from HP, one forlorn story of mediocre performance repeated itself. StorageWorks declined 3 per cent and EVA revenues fell 5 per cent year on year. Shortly after Mark Hurd became HP's CEO in 2005, the StorageWorks division was in a mess, with a history of what we called embarassing …
Chris Mellor, 22 Feb 2010
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Intel sets out tablet stall for Atom

In reporting its third quarter financial results, Intel placed the emerging tablets device category far higher up the agenda than in previous quarters, indicating the importance of new form factors in driving growth, as PCs and cellphones both start to mature. The same trend was highlighted by the latest figures for the baseband …
Wireless Watch, 17 Oct 2010
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Windows, Linux propel Q1 server sales

Sales of servers perked up considerably in the first quarter, according to statistics put together by IT market researcher IDC, with revenues at the factory level among server makers rising 4.7 per cent to $10.42bn. While that is arguably against a very easy compare, considering the dramatic downdraft of worldwide server …