Articles about Eurozone

Ingram Micro

Eurozone still the damp patch on Ingram's corporate pants

Distie juggernaut Ingram Micro rolled out a bumper set of sales growth numbers last night largely aided by acquisition. Yet poor trade in the Eurozone let the side down, remaining the blot on the profit and loss sheets. Revenues for Q2 ended 29 June were up 17 per cent year-on-year to $10.3bn, with the Brightpoint and Aptec …
Paul Kunert, 25 Jul 2013
European Union Flag

Rest of world catching Eurozone plague, warns Datatec

Economic malaise in the Eurozone is spreading to the global stage, channel behemoth Datatec has warned. Despite this, the parent of distributor Westcon and integrator-cum-managed-services-provider Logicalis said in an interim management statement that sales had risen across the group in the last four months. "Trading and …
Paul Kunert, 18 Jul 2012
channel

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
euros_channel_money

Pan-eurozone distie Exclusive Group sets eyes on €1bn prize

Exclusive Networks, a pan-European IT distie, has announced fat revenue growth of 30 percent in its annual report for 2012. The French company said its revenue of €279m (£240m) for the year gone beat expectations, and claimed it was up a third on 2011's revenue of €214m (£184m). Yearly profits were said to be up by 22 percent …
Anna Leach, 13 Feb 2013
The Register breaking news

Vodafone's cash mountain rocked by eurozone emergency

Vodafone is rolling in cash thanks to a healthy year in the US and stability in the UK, Germany and the Netherlands. However the telco is still only drawing 14.5 per cent of its £43bn service revenue from mobile data, despite the fact that it represents the majority of traffic carried. Total revenue across the group over the …
Bill Ray, 22 May 2012
The Register breaking news

Eurozone crisis hits pay TV: Punters pick broadband over telly

As Norway's GET cable company puts up a "for sale" sign, it demonstrates that the pay TV scene in Europe is starting to realise a home truth – and it may take something as big as the Eurozone crisis to prove it – that pay TV is NOT as resilient as broadband, which continues to grow in the Eurozone. You cannot apply for a job …
Faultline, 15 Jul 2012
euros_channel_money

Eurozone death spiral forces Microsoft to ease UK licensing price hike

Microsoft has confirmed that the pending price hike on volume licensing will not be as steep as the initial preview indicated due to the weakening of the Euro currency in recent weeks. At the start of last month, Redmond said it expected UK biz customers would pay between 7.5 per cent and 33.5 per cent more for software …
Paul Kunert, 01 Jun 2012

FORGET OUR PAST, 12,000 Europeans implore Google

A widely distributed report by Agence-France Presse quotes a Google official as saying 12,000 Europeans have asked the ad-slinging giant to omit some search results linked to their name. Of course, the web giant can simply ignore the requests, and send the complainants to information commissioners or the courts to deal with. …
Simon Sharwood, 02 Jun 2014
The Register breaking news

Eurozone crisis: We're all dooomed! Here's why

Analysis Quite what is actually happening over the Eurozone I can't actually tell you: it's not that things change too fast to write about them, it's that things change to fast to read about them. Berlusconi still PM? Italian bond yields over or under 7 per cent? That changes as often and as fast as Berlusconi does condoms. France to go …
Tim Worstall, 10 Nov 2011

'Maximized minimalism' is Samsung's spiel for Galaxy S5 Mini

Samsung is shrinking its flagship Galaxy smartphone to produce a 4.5in S5 Mini handset, a trick it says represents "maximised minimalism". The South Korean giant said the Galaxy S5 Mini would sport the smaller screen size as part of an effort to expand the appeal of the Galaxy line to those turned off by the bulkier 5.1in …
Shaun Nichols, 01 Jul 2014
The new Twitter logo. Pic: Twitter

Twitter mobs attack wrong celebrity Ian Watkins after child abuse case

A furious online hate mob has attacked Steps singer H after trying to launch a hate campaign against a different celebrity musician who pled guilty to a string of vile child sex offences. Lostprophet singer Ian Watkins was yesterday convicted of a number of hideous crimes, including the attempted rape of a baby. After the news …
Jasper Hamill, 27 Nov 2013
BrickArms' Toy taliban figure

Ukrainian separatists threaten surge in *gasp*... dealers, PCs

Channels Forum 2014 The IT industry has pulled back from the brink of disaster but conflicts in Russia and the Middle East have the potential to push it back to the edge, resellers and distributors were warned today. Kicking off the Channels Forum conference in Cannes, Canalys CEO Steve Brazier declared the victory of the channel, the revival of …
Joe Fay, 24 Sep 2014
The Register breaking news

Eurogeddon? Pah. UK banks are more terrified of hackers - big banker

Hacking attacks present a bigger risk to the operation of UK banks than problems caused by the ongoing eurozone crisis, according to a senior Bank of England director. Andrew Haldane, the BoE's director of financial stability, told parliament's Treasury Select Committee that representatives of Britain's top banks are telling him …
John Leyden, 13 Jun 2013
Red Hat Shadowman logo

Red Hat halves prices, blackens European skies with OpenShift PaaS

Red Hat has halved the cost of IT on its OpenShift platform cloud engine and expanded commercial support to cover 14 Eurozone countries. The upgrades to OpenShift were announced by the company on Monday to coincide with Amazon Web Services's "re:Invent" cloud show in Las Vegas. It sees the company slather the commercial "silver …
Jack Clark, 11 Nov 2013
storm

This week it rained in San Francisco and the power immediately blew out. Your tech utopia

Opinion It's amazing what 12 hours of something can do. For Silicon Valley, and particularly San Francisco, half a day of heavyish rain that would be described "April, maybe early May," by many Scots Highlanders, has caused massive problems and highlighted again why the area is losing its edge. At about 0730 PT on Thursday, a blown …
Iain Thomson, 12 Dec 2014

2012 in the channel: The year we sold EVERYTHING as a service

Few people would argue that this year has been one of very big highs and lows. From a personal perspective, 2012 will be remembered for the Olympics and Ryder Cup (great), weather (expletive deleted!) and the continued challenges of the economy, especially in the Eurozone. It’s been pretty interesting in the IT space too. We've …
Mike Rodwell, 17 Dec 2012

Steelie Neelie wants roaming charges gone by Easter 2014

Neelie Kroes, the vice-president of the European Commission with responsibility for its “Digital Agenda for Europe” has called for international roaming charges across the Eurozone to end from Easter 2014. Speaking last week before the European Parliament's Internal Market and Consumer Protection (IMCO) Committee, Kroes called …
Simon Sharwood, 03 Jun 2013
euros_channel_money

German reselling giant Bechtle breaks €2bn sales barrier

Bechtle leaped the €2bn sales barrier for the first time last year but soaring staff costs and weakened trade in southern Europe caused a decline in profits. Turnover at the efficient German-HQ'd reselling engine was up 5.1 per cent in calendar 2012 to €2.09bn. Sales in its home market grew nine per cent to €1.43bn but fell …
Paul Kunert, 15 Mar 2013
The Register breaking news

Rubbish IT means DEATH for UK Border Agency, announces May

The UK Border Agency's hopeless IT systems are among the reasons why the Home Secretary Theresa May, in an unscheduled statement to MPs yesterday afternoon, confirmed that the UKBA will be axed. She told the House of Commons that the agency would be replaced with two entities: an immigration and visa service and a separate law …
Kelly Fiveash, 27 Mar 2013

My big reveal as macro-economics analyst: It's a load of COBBLERS

Worstall @ the Weekend Welcome to the first Worstall at the Weekend, where I get to spout off on whatever I jolly well please: where the aim is to leave something at least potentially gravid with further thought and discussion rather than that sterile deposit one ends up with inside the barber's weekend supplies. Which brings us to the discussion of …
Tim Worstall, 24 Aug 2014
Night scene of bank station in central london

Blighty's top moneymen: Hackers are SLURPING CASH direct from banks

Several UK banks have suffered actual financial losses as a result of cyber-attacks in the last six months, according to a Bank of England study. The Bank of England’s latest Financial Stability Report, published on Thursday, reiterates warnings about the risk posed by hacking attacks made six months ago when Andrew Haldane, the …
John Leyden, 29 Nov 2013

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

Frenchmen's sperm plunges by a third in quality and quantity since '89

The future of the French nation is in serious doubt if boffins don't get to the bottom of a serious decline in transmanche sperm production. According to the BBC, the sperm content of Gallic nut butter fell by 32.3 per cent between 1989 and 2005, while "the percentage of normally shaped sperm fell by 33.4 per cent". The results …
Lester Haines, 06 Dec 2012

Cameron's speech puts UK adoption of EU data directive in doubt

Opinion Cameron’s speech puts UK accession to any Data Protection Regulation and Directive in doubt. In yesterday’s speech on the relationship between the UK and the Europe Union, the Prime Minister raised doubts as to whether the UK will adopt both the proposed Data Protection Regulation and the Data Protection Directive in the field …
The Register breaking news

Facebook IPO said to set value at $100bn

Facebook is planning to go public sometime between April and June of next year in an IPO that would value the company at over $100bn. So say The Wall Street Journal's ever-chatty "people familiar with the matter". The same worthies told the WSJ that Facebook CEO Mark Zuckerberg hasn't yet finalized the IPO, that the date for a …
Rik Myslewski, 29 Nov 2011
The Register breaking news

Omnishambles beats off mummy-porn, becomes English word of 2012

The UK's new word of 2012 is "omnishambles", according to the Oxford English Dictionary's compilers. Selected from a list of several new words added to the gold-standard dictionary this year, omnishambles was chosen by lexicographers at Oxford University Press because it best reflects the mood of the past 12 months. It was first …
Anna Leach, 13 Nov 2012

'Cloud' services to bag $109bn in 2012

Even more folks are going to be seduced by the cloud this year, making the meteorological market a hundred-billion-dollar one, according to beancounters at Gartner. They reckon that the public cloud services sector will grow nearly 20 per cent this year to $106bn worldwide, as business process services in particular appeal to …
The Register breaking news

Has Europe finally passed Peak Disk?

Disk drive sales in the EMEA region have showed falls in both units and capacity according to research from Futuresource Consulting. HDD unit sales peaked in 2010 at 28.06 million units, falling to 25.91 million in 2011 and 21.48 million in 2012, a 17 per cent decrease between the latter two years. Mats Larsson, a senior market …
Chris Mellor, 04 Apr 2013
The Register breaking news

Nokia shares $1.35bn EU graphene research grant

The EU has awarded a €1bn ($1.35bn) grant to the Graphene Flagship consortium in a ten-year project bringing academics and industrialists together to commercialize graphene, and hopefully spur economic growth. The grant comes from the EU's Future and Emerging Technologies (FET) program, which seeks to boost the introduction of …
Iain Thomson, 01 Feb 2013
HTC

HTC torches forecasts as stock tsunami floods skint Europe

HTC has slashed its Q2 top and bottom line estimates as it clears the glut of stock in the supply chain and acknowledges weakened demand in Europe. The Taiwanese firm revealed revenues for the period are expected to be NT$91bn (£1.9bn) or some 13.3 per cent lower than the NT$105bn it forecast in April. Operating margin was also …
Paul Kunert, 07 Jun 2012
The Register breaking news

Man's car warns of AIR RAID OVER LONDON

Pic Reg reader Graham Schofield was this morning offered perhaps the most sensational reason for being late to work we've ever seen: an air raid affecting the A4 in west London. Mercifully for Graham, his Audi's satnav flagged up the conflagration before he got caught in the crossfire resulting from what we assume is a serious …
Lester Haines, 25 May 2012
euros_channel_money

Microsoft will fiddle with prices as euro burns, UK biz fears

Microsoft's partners are braced for further changes in volume pricing this year as the euro flutters wildly in the economic storm. The Windows 8 maker tore up its licensing price list and rewrote it in euros for a 1 July Europe-wide relaunch. At the current exchange rate with the pound sterling, UK customers will pay on average …
Paul Kunert, 28 May 2012
The Register breaking news

Chambers of Commerce say UK recovery is weak

The UK's economic recovery remains weak and the Coalition has failed to tackle the underlying reasons. The British Chambers of Commerce surveyed 6,600 of its members and found efforts to move the economy towards increasing exports has failed. Although manufacturers are having more luck with exports than with domestic sales, the …
John Oates, 11 Jul 2011

Osborne slashes growth forecast by half in bleak economy statement

Budget Day 2013 Chancellor of the Exchequer George Osborne "levelled" with the British public today by admitting that the economy remains in the toilet as he slashed growth estimates. "We've got to go on making difficult decisions so that Britain can live within its means," he told Parliament. But his grim statement to the House revealed that …
Kelly Fiveash, 20 Mar 2013
cloud_side_teaser

'Europe two years late' to the US cloud party

Cloud adoption in Europe will lag the US by a minimum of two years due to concerns over data privacy, security and regulations. Or so says abacus-stroker Gartner, which reckons that the eurozone's economic meltdown won't help either. "The opportunities for cloud computing value are valid all over the world, and the same is true …
Paul Kunert, 01 Jun 2012

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

Analysis 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

Quantum just can't seal the deals, slides deeper into red

Storage purveyor Quantum has blamed a weak Europe, and a failure to close large deals, for an estimated $19m loss in its quarter ended June 30. In a warning to Wall Street about the bad news, Quantum said it expects to bank revenues of $141m in Q1 of fiscal 2013, the lowest the company has taken for more than two years, and make …
Chris Mellor, 10 Jul 2012
The Register breaking news

Dozen more cities to get ultrafast broadband cash in gloomy UK budget

Autumn Statement 2012 George Osborne promised 12 more UK cities £50m in funding to roll out ultrafast broadband during his mini-budget speech this lunchtime. He added that £1bn could be saved if public services were shifted online. The chancellor admitted to Parliament that he had fallen short of his deficit and debt cutting targets, but insisted the …
Kelly Fiveash, 05 Dec 2012
The Register breaking news

Euro banks unhappy with proposed e-payment rules

The European Payment Council has taken issue with a number of the European Commission's proposals to try to make direct debits and credit transfers across the continent easier and cheaper. The council, which is a group of European banks and financial institutions helping to standardise e-payments, is unhappy with the changes to …
The Register breaking news

Gartner snips 2012 IT spending forecast – again

The prognosticators at market research firm Gartner are polishing their crystal balls again and have gazed into 2012 to see what the IT spending picture looks like, and it's a bit worse than they expected only a few months ago. And thus they have taken a little more off the top of their IT spending projections for the current …

Gartner chops 2012 IT spending forecast

The spreadsheet wizards at Gartner have finished gazing into their crystal LCD monitors and have put out their first projection for global IT spending in 2012. The good news is that despite hard disk shortages and a PC and server slowdown, 2011 spending across hardware, software, and services was higher than expected. The bad …
Sony Reader PRS-T1 e-book reader

Sony e-book reader line to get multi-touch screen

Sony's next e-book reader has slipped out, courtesy of a Dutch retailer. Bol.com subsequently pulled the page, but not before a MobileRead correspondent cut and pasted it into the forum. Sony Reader PRS-T1 e-book reader The Reader PRS-T1 sports a multitouch 6in, 600 x 800 E Ink Pearl display capable of presenting 16 shades of …
Hard Reg, 30 Aug 2011
Redstone

Sluggish banking sector brings us down, moans Redstone

Managed services outfit Redstone made little progress on the sales front in fiscal 2012 ended 31 March – albeit in a stagnating market – but it did come closer to breaking even, according to prelims. Turnover at the firm edged up just £100,000 in the year to £67.2m and it made an EBITDA of £5.2m compared to £1.1m in the previous …
Paul Kunert, 04 Jul 2012

Global slowdown bites Japan's semiconductor crowd

There was more bad news for Japan’s beleaguered semiconductor industry on Thursday as it emerged the country’s big name chip suppliers were hit hard by a global slow down in the second quarter which saw worldwide sales plunge by over $2bn from the previous year, according to analysts. Bean counters at IHS iSuppli said global …
Phil Muncaster, 24 Aug 2012
creative commons - must credit clarence: *www.sxc.hu/profile/clarence

Kelway escapes Euro gloom, goes on sales-tax-free Asian adventure

With Europe back in recession, the prospect of markets where growth in IT spending is humming along at over 7 per cent surely sound enticing to anyone in the channel. Such markets can of course be found in Asia, which analyst firm Canalys said, at its recent APAC Channels Forum, deserves greater attention from the channel. If …
Simon Sharwood, 19 Nov 2012
channel

APAC IT spend to grow THREE TIMES faster than rest of the world

Asia Pacific is powering ahead of the rest of the world and driving a recovery in global IT spending forecast to total $3.7 trillion (£2.3tr) in 2012, according to the latest data from Gartner. While total worldwide growth is set to stand at 2.5 per cent this year, down from the analyst’s previous forecast of 3.7 per cent, the …
Phil Muncaster, 06 Apr 2012
The Register breaking news

Four illegal ways to sort out the Euro finance crisis

Comment Saving the euro isn't the easiest of things: solving the current problems actually would be quite easy, if expensive, except for all the laws and regulations that rule out all of the easy ways. The basic problem is well explained here. Don't worry too much about what the Taylor Rule is: just accept that if you're going to have a …
Tim Worstall, 22 Jul 2011
channel

Cisco enlists NCR in Middle East, Africa server push

Hoping to get a bigger slice of the server racket in the Middle East and Africa – you know, the part of EMEA that is still showing some signs of life – Cisco Systems has tapped The Cash to peddle its Unified Computing System blade and rack servers. The Cash, of course, refers to National Cash Register, the provider of ATM, point …
chart

Sage warns of bumpy ride ahead

Unstoppable accountancy software juggernaut Sage kept its foot on the gas in fiscal 2011 to record decent top- and bottom-line gains but warned of some danger signs on the road ahead. The firm made £331m pre-tax profits, up 11 per cent on sales of £1.33bn, a rise of 4 per cent for the year ended 30 September. In Europe sales …
Paul Kunert, 30 Nov 2011
The Register breaking news

Home Sec splits Border Agency after passport checks fiasco

Blighty's Border Force is to be divorced from the UKBA following a series of embarrassing passport check gaffes last summer, the Home Secretary Theresa May told MPs yesterday. "[F]rom 1 March, the UK Border Force will be split from UKBA and will become a separate operational command, with its own ethos of law enforcement, led by …
Kelly Fiveash, 21 Feb 2012