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Articles about Economics

Want a promotion? Study economics, says HDS economist

Want to get noticed by the higher-ups in your workplace? Forget about a new certification or home lab, an appreciation of economics and its application as a tool to define precise metrics about just what it costs to operate your employer's IT kit will see you get ahead. That's the opinion of Hitachi Data Systems' (HDS') chief …
Simon Sharwood, 06 Mar 2013
Gordo: EPIC FAIL

Oxfam, you're full of FAIL. Leave economics to sensible bods

As I become ever more viciously right wing with age, I become ever more disappointed with Oxfam. It's not just because I have left behind the views of Genghis and am galloping up close behind Attila. It's rather that the organisation itself has changed from being that well-meaning, thoroughly humanitarian organisation that doled …
Tim Worstall, 20 Mar 2014
chalk outline of  human body at crime scene

Climate change will 'CAUSE huge increase in MURDER, ROBBERY and RAPE'

An "environmental economist" has produced a study in which he claims that climate change this century will "cause" millions of violent crimes in the United States, over and above those that would have happened anyway. Matthew Ranson holds a B.A. in Environmental Science and Public Policy and Economics and a PhD in Public Policy …
Lewis Page, 24 Feb 2014

CDOT relatively crap for flash, hyperscalers crap for constant storage

Chief NetApp techie Jay Kidd had some strong words for the flash and cloud crowd at a Wells Fargo event for investors. Among other things, he covered Clustered Data ONTAP and flash and the customer spending slowdown. Not a great fit and a transitory slowdown were the take-away messages. The event was the Wells Fargo Tech …
Chris Mellor, 08 Apr 2014
Broke - empty pockets

Miserly investors toss $11m at storage upstart Amplidata

Is this thin investment provisioning in action? Object storage startup Amplidata has had $11m chucked at it to grow the business – a relatively trifling amount. Amplidata develops and sells the AmpliStor object storage product, which is OEMed as Lattus by Quantum. It uses a component of its StorNext multi-tier file …
Chris Mellor, 24 Mar 2014

Cocky Spotify drops time limits on free listening, skint music-lovers cheer

As it promised to do before Christmas, Spotify has dropped restrictions on free listening with the celestial jukebox - but it's also removed restrictions on free desktop listening, too. Previously the service capped the number of hours you could listen to music without a subscription. That listening contained advertisments, of …
Andrew Orlowski, 16 Jan 2014
Vulture

Fine print: Dell bod tells us the details of Fluid Cache for SAN

Fluid Cache for SAN is Dell’s technology to integrate server PCIe flash cards and networked SAN storage. We talked to Bob Fine, director of product marketing at Compellent to find out more about how it works. El Reg: Is Compellent's Storage Center (Data Progression functionality) loading data into the connected server's PCIe …
Chris Mellor, 16 Apr 2014
Turnbull with Switkowski in Blacktown

Cherry-pick undermines NBN business case: Switkowski

NBN Co chief Ziggy Switkowski has told a Senate committee that “cherry-picking” network rollouts planned by TPG and mooted by Telstra do, indeed, pose a threat to its own business model. TPG Internet stated last year that it wanted to extent its metro fibre networks to residential apartment basements, using existing copper to …

Cisco belches forth mighty intergobblenator CLOUD OF DOLLARS

Cisco is planning to spend $1bn over the next two years on its very own cloud computing service for corporate customers. The networking firm wants to get into the cloud market with its very own "global Intercloud" and is going to spend the millions on building data centres to run the service. Unlike cloudy offerings from …

MIT boffins moot tsunami-proof floating nuke power plants

Boffins at MIT have mooted a new concept for nuclear power plants which would see the entire facility towed several miles out to sea and moored in a similar way to offshore oil and gas platforms. The proposals would see nuke power plants built in shipyards and then moored or anchored a few miles off the coast, linked to the …
Phil Muncaster, 17 Apr 2014
channel_teaser_money_top

Why a plain packaging U-turn from UK.gov could cost £3bn a year

According to friendly "leaks" passed to newspapers overnight, the government may force cigarette manufacturers to sell their wares in plain packaging after yet another review, despite rejecting the policy earlier this year. But the gambit is unlikely to withstand the scrutiny of the Chancellor. Why? Plain packaging legislation …
Andrew Orlowski, 28 Nov 2013
Funnel of cash. Credit: via SXC – http://www.sxc.hu/profile/Leonardini

Insight warns Google embracers of hidden costs in Apps for Biz

A number of Microsoft's top table resellers may have wrapped their arms around Google's Apps for Business but one that did so half a decade ago - Insight Enterprises - says it hasn't seen the benefit. CDW and SHI International, both among MS Licensing Solutions Partners, made very public statements in February and March …
Paul Kunert, 11 Apr 2014
Cloud security

Google's App Engine architect defects to Snapchat

One of Google's top cloud product managers has left the gold-plated confines of Page and Brin's search palace to work for one of his former top customers – the obscenely popular SnapChat app. Peter Magnusson, the man who spent the past three years running engineering for Google's 'Google App Engine' (GAE) platform cloud, …
Jack Clark, 19 Feb 2014

Forget black hats – the best hackers are going grey and getting legit

A report from the Rand Corporation suggests the increasing market for software vulnerabilities that can be sold legitimately is tempting the most 1337 hackers and crackers to go legit, rather than suffer the vagaries of the black market in code and credentials. "There's an economic seesaw in the market," Michael Callahan, VP of …
Iain Thomson, 25 Mar 2014
VNX 5400 in Lotus F1 colours

EMC rolls out next generation of hot VNX models in Milan

EMC has introduced a vast array of new gear in Milan at its “Mega Launch” under the slogan SpeedToLead. The newest kit is targeted at private, public and hybrid clouds. What do we have so far? For private clouds, EMC previewed Project Nile, an Elastic Cloud Storage platform said to have public cloud "scale, economics and ease- …
Chris Mellor, 05 Sep 2013

Speaking in Tech: So you wanna take on Amazon in the cloud. Here's how

speaking_in_tech Greg Knieriemen podcast enterprise Our weekly Speaking in Tech podcast is back with Greg Knieriemen - and for this week's episode, special guest Rodney Rogers. Greg's co-hosts Ed Saipetch and Sarah Vela are away, so we welcome Rodney, a serial entrepreneur and chairman and CEO of Virtustream, who is gently …
Team Register, 14 Aug 2013
The Winklevoss twins, Cameron and Tyler

HALF of all Bitcoin-investing Winklevoss twins predict $400bn market for the currency

Facebook backer-turned-antagonist Cameron Winklevoss has issued a bright forecast for the future of the Bitcoin cryptocurrency. Speaking in a Reddit Ask Me Anything session, Winklevoss said that he projects the value of Bitcoins could reach upwards of $40,000 at some point in the not-too-distant future. "Small bull case …
Shaun Nichols, 17 Dec 2013

Proper boffins make your company succeed, even if you're not very technical

Good news for British techies. A wide-ranging innovation study recommends that firms should hire more staff who can solve complex technical problems, even if they’re not tech companies or the techies aren’t employed in a narrowly technical function. So says a report on Innovation and Growth prepared for the Department of …
Andrew Orlowski, 17 Mar 2014
Photo of a stack of $100 bills

Red Hat touts free beer – and by beer, we mean full-fat OpenShift cloud

Red Hat is lowering the prices for accessing its publicly hosted OpenShift software as it struggles to come to terms with the brutal economics of the cloud. The new Bronze pricing scheme for OpenShift was announced by Red Hat in a blog post on Monday. It means developers can now access an off-site version of the OpenShift …
Jack Clark, 17 Mar 2014
apple with ladybird

Patent law? It's all about Apples, Newton and iPads

As regular readers will know, I'm about as froth-mouthed free market as it is possible to get without descending into Randian lunacy. Yet even I support government interventions into the economy at times: it's only the times and methods used that are to be argued about. A case in point is the existence of the patent system. I'm …
Tim Worstall, 19 Nov 2013
The Register breaking news

The Economics of Virtualisation

Virtualisation is clearly one of IT’s great fashions, and as such continues to attract huge amounts of interest. Unlike many technology-based fashions - and we can all remember quite a few - virtualisation solutions are being deployed in anger in many areas, especially in the world of x86 servers. As is well appreciated, getting …
Tony Lock, 08 Dec 2009

Why a Robin Hood tax on filthy rich City types is the very LAST thing needed

The lovely thing about this year's Nobel Prize in Economics is that it entirely borks the case for a Robin Hood Tax - a levy on the financial sector's transactions, in other words. Not that the judging panel's decision will stop efforts to implement the tax; everyone's moved beyond intellectual arguments to instead howl in the …
Tim Worstall, 15 Oct 2013
secondary age school kids outside NBN truck

Deloitte research says NBN a winner for households

As Australia races towards a federal election likely to kill off the country's current model for a national broadband network, the (probably) outgoing government has released a report saying the annual value of the network to households will be in the order of $AU3,800. The study, by Deloitte Access Economics, suggests that most …
hands waving dollar bills in the air

Google network lord questions cloud economics

Vijay Gill — one of the brains that oversees Google's epic internal network — has questioned the economics of so-called cloud computing. Or least, the sort of cloud computing practiced by Amazon.com, whose EC2 service offers up instant access to compute power via the interwebs. If your infrastructure is in use around the clock, …
Cade Metz, 21 Aug 2010
The Register breaking news

BAN UK tax breaks on patented tech, fumes German finance minister

German finance minister Wolfgang Schäuble has called for a ban on so-called "patent box" tax breaks offered by Blighty, the Netherlands and other EU member states. Schäuble told reporters after a European economics meeting that the tax breaks - offered to companies on patented inventions - resulted in unfair competition for …

MEPs demand answers from EU antitrust chief about planned Google search biz deal

MEPs have asked Brussels' competition boss Joaquin Almunia to explain to the European parliament why he thinks that a planned settlement deal he recently struck with Google over its dominant search biz in Europe is good enough to address concerns about the ad giant's alleged abusive tactics. In a letter – seen by The Register – …
Kelly Fiveash, 20 Feb 2014
SOURCE: http://www.sxc.hu/photo/959469

Cloud storage: Is the convenience worth the extra expense?

Judging by my inbox, quite a few businesses have taken to heart my warnings about the legal issues that arise when you allow your data to be exposed to US jurisdiction. Companies outside the US sense a gap in the market and are pouring in. Within a few years I suspect I will be perfectly comfortable with recommending nation- …
Trevor Pott, 17 Sep 2013

NetApp FAS array BIZ BEAST to fly out in under a fortnight

We hear from a source within the NetApp community that 19 February is the day the brand spanking new FAS8000 array pokes its head out into the open. Still no details on the config: even NetApp customers checking a field portal, something we Vultures don’t have access too, apparently get told the info is embargo’d to 19 February …
Chris Mellor, 10 Feb 2014

Startup bags cash to float analytics over apps

Analytics startup Numerify has been pelted with VC cash for its data-slurping technology. Lightspeed Venture Partners chucked $8m in filthy valley lucre towards the 50-person company after hearing about its analytics technology, it announced on Wednesday. Numerify's technology makes it possible to combine data inputs from …
Jack Clark, 02 Oct 2013

A private Dell makes sense. Doesn't mean it'll work, though

So now that Dell the man has spaffed $24bn (with a little help from his friends) on buying back Dell the company, what is Michael D actually going to do with it? And why has he had to take it private in order to do it? What is there that you cannot do on a public stock exchange that you can do as a private company? The first …
Tim Worstall, 05 Dec 2013
closed_sign shut down under collapsed liquidation

Resellers, distributors - your countdown to oblivion starts NOW

Whither the channel when it's all in the cloud? Whence the box-shifter when no one actually buys PCs any more? The answer is, of course, that once a particular business model has no more business then that business model ends. It is, however, possible to look at this in rather more sophisticated terms. The most obvious, since …
Tim Worstall, 17 Dec 2013

Simplivity shows off VDI configs with Nvidia... Doh! VMware, what are you doing here?

Server virtualisation firm Simplivity has decided that virtual desktop infrastructure is a special use case and has partenered with Nvidia on "plans to provide solutions and reference architectures for new optimised, graphics- and compute-intensive VDI application workloads and cloud infrastructures." Its latest offering is its …
Chris Mellor, 18 Oct 2013
EMC ViPR block diagram

EMC's ViPR: It's genius, but not as we know it, Jim

What is EMC's ViPR about? Is it really the first all-singing and all-dancing storage management and virtualisation product EMC claims it is? ViPR is a combination of a file, block and object storage virtualisation suite and a storage management product. It is broadly similar to several other storage virtualisation products, but …
Chris Mellor, 28 Jun 2013

MEP: Google's SECRET deal will cause crisis of trust for Europe

Google's secret backroom deal with the EU's competition chief can only worsen the crisis of trust in the European institutions, one MEP tells us. This week the Competition Commissioner Joaquín Almunia said he would advise the Commission to reject complaints made about Google's business practices, thus allowing the search giant …
Andrew Orlowski, 07 Feb 2014
Jake Gostylo collects one of the first TerraMiner IVs

Cointerra promises free, specced-up boxen for late shipments of first gen miners

Texas-based Bitcoin hardware shop Cointerra has shipped the first batch of its TerraMiner IV $6,000 Bitcoin mining boxes. At a ceremony held at their Texas office they handed one over to local customer Jake Gostylo. As is traditional for Bitcoin hardware it’s late and below the advertised specification. Yet unlike many of their …
Simon Rockman, 03 Feb 2014
cloud

Gasp! Facebook's hardware king joins board of ARM server biz Calxeda

Facebook's head of hardware design and supply chain operations has joined the board of directors of Calxeda, a company that specializes in building servers out of ARM processors. The strategic appointment was announced on Thursday and will see the man in charge of one of the biggest buyers of modern chips, and leader of the " …
Jack Clark, 18 Oct 2013
The Register breaking news

Security researchers unpick botnet economics

The economics of botnets and the sale of stolen information in underground bazaars have been detailed in greater depth then ever before in new research from Kasperky Lab. Infecting PCs with strains of malware that leave them open to remote control by hackers has been the mainstay of various forms of cybercrime - spamming, …
John Leyden, 24 Jul 2009
Asteroid mining

MINING in SPAAAACE! Asteroid-scoopers? Nah - consumers will be the real winners

Given the venal nature of what passes for a heart beating in this chest of mine, what really interests me is who is going to make all the moolah from this rushing off into space and mining 'n' stuff. But this isn't a question that appears to have a simple answer, for there are five groups here and each will have a problem with …
Tim Worstall, 04 Dec 2013
LEO I, credit Leo Computing Society

LEO, the British computer that roared

Just graduated and looking for a career in computers during tough economic times? Try breaking into tech during the 1950s when most people hadn't even heard of a computer. Yet, that's exactly what brothers Frank and Ralph Land did and within a relatively short time from the closing of their studies at the London School of …
Gavin Clarke, 26 Jun 2013
Sign outside the National Security Agency HQ

'I don't trust Microsoft' after NSA disclosures says former privacy chief

Caspar Bowden, who was Microsoft's European chief privacy advisor from 2002 to 2011, has said that he no longer trusts his former employer after the disclosures about its involvement in NSA surveillance schemes. Speaking at the Congress on Privacy and Surveillance in Switzerland on Monday, Bowden said that he wasn't aware of …
Iain Thomson, 01 Oct 2013
Stock ticker board

No, we're not in an IT 'stockapoclyse' – boom (and bust) is exactly what tech world needs

Is this the stockapoclyse, as tech shares crater into the ground and no more money gets invested into the sector? Or is that 20 per cent fall in the largest internet-based companies – Netflix, Flicker and Twitter – that $275bn drop in collective value over the last month, just an overdue correction to recent price run ups? Well …
Tim Worstall, 09 Apr 2014
Burning copyright symbol. Photo by: Martin Fisch http://www.flickr.com/photos/marfis75/ on flickr"

UK 'copyright czar' Edmund Quilty quits as Blighty's Director of Copyright Enforcement

Britain's unofficial "copyright czar", Edmund Quilty, is moving on. Probably the most influential civil servant you've never heard of, Quilty has served as the Director of Copyright Enforcement and Policy at the UK patent office for six years, far longer than the typical stint for a career bureaucrat of two years. "We can …
Andrew Orlowski, 09 Jan 2014

Listen, Google and Amazon: Soon we may not even use tape for COLD STORAGE

Tape's greatest strengths are its low cost/GB, low power cost when offline, endurance and capacity. Its greatest weaknesses are its latency, the time taken to locate and mount a tape in a library and the time taken to locate the data you want on it. This combination of mount latency and streaming latency is like a red rag to the …
Chris Mellor, 08 Oct 2013

How to kill trolls and influence Apple people: A patent solution

Having decided that the patent problem is an attempt to solve a public goods problem, as we did in part 1, let's have a look at the specific ways that we put our oar into those perfect and competitive free markets. It's worth just noting that patents and copyright are not, absolutely not, the product of some fevered free market …
Tim Worstall, 06 Jan 2014

'No, I CAN'T write code myself,' admits woman in charge of teaching our kids to code

The government's "Year Of Code" scheme to bring computer programming into schools for children as young as five has degenerated into a political bunfight. "The word 'coding' has been hijacked and abused by politicians and media who don't understand stuff,” the Raspberry Pi foundation’s director of educational development and a …
Andrew Orlowski, 11 Feb 2014
Sanbolic data management platform

Sanbolic reveals flashy server goodness with Melio 5

That's right: storage software supplier Sanbolic is shipping server-side scale-out services supporting SSDs. But what does it mean? Sanbolic's Melio 5 software turns a server's directly-attached flash, SSDs and HDDs into a SAN, combining multiple server's storage resources into a single resource pool. Sanbolic says it " …
Chris Mellor, 11 Apr 2013
The Register breaking news

Boffins use HOT maths MODELS to predict spam of the future

Australian computer boffins reckon game theory can be applied to build better spam filters. The new spam classifier, developed by Professor Sanjay Chawla, Fei Wang and Wei Liu of the University of Sydney, outsmarts would-be spammers by predicting the likely pattern of future spam runs by learning from past attacks. The two …
John Leyden, 23 Aug 2013

Who loves office space? Dell does: Virtualization to banish workstations from under desks

Dell, along with partners Nvidia and Intel, has opened a new center at its Austin, Texas, headquarters to make it easier for customers to deploy virtualized-workstation installations, and for ISVs to certify their software running on such setups. "We know this all comes down to dollars and cents," Dell's general manager for the …
Rik Myslewski, 07 Mar 2014

British support for fracking largely unmoved by knowledge of downsides

Shale gas may be threatening to cause an existential crisis for the way environmental politics is conducted in the UK. The latest survey from the University of Nottingham into how people view shale exploration shows something quite unusual. While awareness of the risks has greatly increased, the public's support for the …
Andrew Orlowski, 03 Oct 2013
European Union Flag

Bone up on fresh EU privacy law - or end up in the clink, IT biz warned

Technology resellers, distributors and service providers need to be ready for the freshly proposed European Data Protection law, IDC has said. The analyst's research director of European security software Kevin Bailey said that end users were already preparing for the new rules of the incoming regulation, but the technology …