Articles about Exchange

Violin goes for reverse stock split

As expected, Violin Memory has decided on a reverse stock split to avoid NYSE delisting, as its stock price is too low. The delisting criteria are based on a stock's price being less than $1, on average, for 30 days, and Violin easily passed under that bar back in January, and has stayed mostly under it since. Violin's board …
Chris Mellor, 24 Jun 2016
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Technology shares slide with Brexit vote, except ARM

BREXIT Shares in British technology companies are mostly sliding after citizens of the United Kingdom voted for the nation to leave the European Union. The FTSE 100 fell more than 8 per cent at opening this morning, slicing over £100bn off of the market capitalisation of the UK's most highly rated bluechips, although this has since …
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Shareholders rubber-stamp Ingram Micro $6bn sale to Chinese firm

US-headquartered Ingram Micro edged closer to Chinese ownership last night when shareholders voted overwhelmingly to accept Tianjin Tianhai’s $6bn offer. The mega bid for the world’s largest tech distributor was made in February by the Far East company, a subsidiary of HNA Logistics which is itself a division of conglomerate …
Paul Kunert, 22 Jun 2016

Boffins map Netflix's Open Connect CDN

Brit boffins have peeled back the covers of how Netflix has built its CDN, by requesting movies from all over the world and working out what the responses told them about the hosts. The research incidentally explains why the entertainment biz wants the Internet exchange (IXP) industry to trim its costs: in the USA, IXPs …
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Last year Nutanix revealed a hypervisor, this year...

Hyperconverged enfant terrible Nutanix's first siren song to tech buyers offered the impressive proposition of on-premises hardware that converged compute and storage while improving the experience of running vSphere. Next, at the company's first user conference in June 2015, came the ballsy move of releasing its own …
Simon Sharwood, 21 Jun 2016
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Trustmarque has been sold yet again – this time to Capita for £57m

Capita has acquired Microsoft licensing house and managed services biz Trustmarque for £57m in cash – the fourth time the company has changed hands in three years Trustmarque, part of the Liberata Group, was rolled onto the market in February by parent Ardbid Ltd, appointing investment bank William Blair to find a buyer, as we …
Paul Kunert, 21 Jun 2016
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Netflix picks fight with internet exchange industry

The internet exchange industry is ripping customers off, charging too much for features people don't need, and spending millions on staff salaries, unnecessary marketing and social events. That's according to the vice president of network strategy and architecture for Netflix, David Temkin, who created a stir at a meeting of …
Kieren McCarthy, 20 Jun 2016
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Israel and US forge human-free cyber info-sharing pact

The US and Israel and due to announce a bilateral threat sharing programme involving co-operation between the two allies' Computer Emergency Response Teams. The agreement, due to be signed on Tuesday, was trailed in respective conference speeches by Alejandro Mayorkas, deputy secretary of US Homeland Security and Dr Eviatar …
John Leyden, 20 Jun 2016
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Ex-SAP exec and pals accused of $500,000 insider trading scam

A former SAP executive and his associates allegedly ran an insider trading ring to net hundreds of thousands of dollars. Chris Salis was, until recently, global vice president and general manager for procurement at SAP. US financial watchdog the SEC claims he used his inside knowledge of SAP's takeover of Business Objects in …
Iain Thomson, 16 Jun 2016
Little girl looks at camera with an "I told you so" attitude. Photo by Shutterstock  Release Information: Signed model release filed with Shutterstock, Inc

Outsourcery to perform ULTIMATE outsource as it enters administration

Manchester-based failing cloud biz Outsourcery is to undertake a pre-pack administration with Vodafone partner GCI Network Solutions waiting in the wings to buy the company’s assets. The move, exclusively revealed by The Register last week, was confirmed by AIM-listed Outsourcery to the London Stock Exchange this morning. “ …
Paul Kunert, 15 Jun 2016
Earth

Punchy SimpliVity wins a Global 50 financial services customer

Hyper-converged systems supplier SimpliVity has won a Global 50 customer, a financial services one. This company has been in existence for more than 100 years. It hopes to reduce its IT total cost of ownership by an astonishing $100m over five years. We don't know who it is but we're thinking it is a financial services …
Chris Mellor, 14 Jun 2016
Philips Android TV

Forget Game of Thrones as Android ransomware infects TVs

Researchers at Trend Micro have spotted a new variant of ransomware code that can be used to lock down Android-powered smartphones and televisions. The FLocker (short for the Frantic Locker) malware has been in circulation since at least April 2015 and has concentrated on locking down smartphone handsets running the latest …
Iain Thomson, 13 Jun 2016
 Good GCSEs should cost parents a Jesus-phone

Here's what six storage suppliers will be doing for the next year or two

Analyst haus Stifel Nicolaus' MD, Aaron Rakers, has had some fireside chats with senior execs from Brocade and QLogic, Pure and Nimble, Seagate and WDC at a Stifel Nicolaus Technology, Internet & Media Conference in San Francisco. The execs gave their thoughts on HDD demand, HAMR HDD tech, NVME over fabrics, Gen 6 Fibre …
Chris Mellor, 10 Jun 2016

Microsoft clones Trello, smuggles it into Office

Remember the days when you could accurately predict what would appear in next year’s version of Office or Windows by looking at CNet’s Top 10 download chart this year? Well, happy days are here again. Redmond has unveiled a card-based collaboration tool that will be bundled with enterprise editions of Office. Microsoft Planner …
Andrew Orlowski, 08 Jun 2016
Bribes

Akamai-oh-my: Network biz coughs up $650k over China bribes rap

Content delivery network Akamai will pay the US government more than $650k to settle charges it bribed Chinese officials to secure service contracts. The US Securities and Exchange Commission (SEC) said that it has inked a non-prosecution agreement (NPA) with Akamai that includes the network pipeline specialist paying back $ …
Shaun Nichols, 08 Jun 2016

Digital ad biz is fraudulent by design, complain big brands

Global trade body the World Federation of Advertisers (WFA) has produced a useful guide to the digital ad industry's toxic sludge. The WFA represents the biggest spenders on digital advertising, such as Unilever and MasterCard, and they're not happy. Advertisers lose out from ad fraud, and firms need to clean up their own act …
Andrew Orlowski, 07 Jun 2016
Bitcoin

MtGox collapse victims now picked off by phishing vultures

Phishing scammers are going after people hoping to claw some of their money back from the MtGox collapse. Researchers with computer security biz Cyren have spotted a new round of spam messages claiming to originate from Kraken, the exchange that is heading up efforts to pay out Bitcoins recovered from the MtGox implosion. The …
Shaun Nichols, 06 Jun 2016
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Anons sock stock exchange

Anonymous has claimed responsibility for a web attack against the London Stock Exchange (LSE) last week. LSE's website was rendered inaccessible for two hours on Thursday. Elements of the Anonymous hacktivist collective said the assault was part of an ongoing operation targeting financial institutions, codenamed Operation …
John Leyden, 06 Jun 2016
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GNU cryptocurrency aims at 'the mainstream economy not the black market'

GNU and an outfit called “Inria” have released Alpha code – version 0.0.0 to be precise – of an anonymous-but-taxable electronic payments system they say is “a currency for the mainstream economy, and not the black market.” “Taler”, as the effort is dubbed, looks to be an attempt to build on the concepts behind Bitcoin. So …
Simon Sharwood, 06 Jun 2016

Engine warning light appears on Uber's $100m driver settlement

Uber's $100m settlement with thousands of its drivers has spun around, mounted the curb and is careering back toward a California courthouse. Following the filing of objections [PDF] from drivers who take issue with terms of the settlement that they say only favors Uber and plaintiff lead attorney Shannon Liss-Riordan, the …
Shaun Nichols, 04 Jun 2016
Blue Coat

Blue Coat readies for IPO

Security company Blue Coat Systems, Inc says that it will soon go public with an initial public offering (IPO). The enterprise security software vendor said that on Thursday it officially handed over paperwork to the US Securities and Exchange Commission to announce its plans to enter the New York Stock Exchange under the …
Shaun Nichols, 03 Jun 2016

Outsourcery: We've had offers for our assets (and, er, shareholders might get nothing)

Investors in beleaguered cloud biz Outsourcery may well take a bath after the company confirmed it is in talks with suitors who made offers for its assets that will leave them little or no return. The Manchester-based biz, set up by former Dragon Den's luvvie Piers Linney, revealed in April it was again running out of cash and …
Paul Kunert, 03 Jun 2016
Liam Neeson, Taken

Want a job that pays at least $90,000 a year? Get into ransomware

An analysis of the finances and operation of a ransomware outfit has shown it's entirely possible to bankroll a modest-sized crime gang on victims' payoffs. Dark web monitoring firm Flashpoint has been following a ransomware-as-a-service campaign organized by Russian crooks since December 2015, tracking the recruitment of …
Iain Thomson, 03 Jun 2016
Lawyer up

Oracle to sue cloud sales 'whistleblower' for 'malicious prosecution'

Oracle isn't known as a shrinking violet when it comes to legal battles, and it's coming out swinging over allegations that it was playing fast and loose with its cloud revenue reporting. On Wednesday, Svetlana Blackburn filed a lawsuit with the US district court in San Francisco claiming that she was fired from the company …
Iain Thomson, 02 Jun 2016
Nemo and Dory "just keep swimming". Photo copyright Walt Disney Studios Motion Pictures

Unprecedented number of customers swimming off to cloud, says Barracuda

Comment Barracuda customers have started moving data and applications to the public cloud at a surprisingly fast and unprecedented rate, with on-premises IT facing a rocky road to becoming a wasteland. So says Michael Hughes, the company’s EVP for worldwide sales. For every app and accompanying data that is moved to the public cloud …
Chris Mellor, 02 Jun 2016

Winston Churchill glowers from Blighty's plastic fiver

The Bank of England today unveiled the UK's first plastic banknote - a polymer fiver featuring Winston Churchill. Speaking at a ceremony at Churchill's birthplace, Blenheim Palace, the bank's governor Mark Carney declared: "The New Fiver will commemorate the achievements of the only Prime Minister to win the Nobel Prize for …
Lester Haines, 02 Jun 2016

Is a $14,000 phone really the price of privacy?

A US$14,000 (£9,706, or A$19,352) Android phone has been launched pitching 'military-grade encryption' at privacy-conscious executives. Little information can be found on the Solarin handset's specific security chops other than it will use "chip-to-chip 256-bit AES encryption" for phone calls. That technology is built by …
Darren Pauli, 02 Jun 2016

Theranos CEO: $4.5bn to $0

In a reflection of the complete collapse in confidence of blood-testing company Theranos, its founder and CEO Elizabeth Holmes has taken a bit of a hit in her estimated net worth. Having topped the Forbes list of "Richest Self-Made Women" last year with $4.5bn, the publication has re-calculated her value this year to... $0. …
Kieren McCarthy, 01 Jun 2016
Still from tv show three's company  copyright  	DLT Entertainment The Program Exchange FremantleMedia /cbs

Three's company: Micron intros first 3D and triple-level cell SSDs

Micron has announced its first 3D NAND SSDs, triple-level cell (TLC pr 3bits/cell) 1100 and MLC 2100 products. Intel, its flash foundry partner, introduced its own 3D SSDs, MLC (2bits/cell) ones, in March with the DC P3320 and P3520, with maximum capacity of 2TB. These had an NVME interface whereas Micron’s 1100 has the slower …
Chris Mellor, 01 Jun 2016

Swiss effectively disappear Alps: World's largest tunnel opens

Tunnel nerds, rejoice. The Swiss are today celebrating the opening of the world's largest underground passage to mark its completion 17 years after construction began. The €12bn (£8.5bn) Gotthard base tunnel is 57km (35 miles) long and will overtake Japan's 53.85km Seikan railway tunnel to become the world's largest and …
Kat Hall, 01 Jun 2016

Deloitte coughs up $11m to end claims it ripped off US govt with IT work

Deloitte will pay $11m to settle allegations it overcharged the US government for IT services. The US Department of Justice (DoJ) said on Tuesday it has struck a deal with Deloitte, which was accused of – and we're paraphrasing, here – treating Uncle Sam's General Services Administration (GSA) as a bottomless pit of cash. The …
Shaun Nichols, 31 May 2016
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'Australia tax' doesn't apply to Azure

Microsoft is offering unintentional discounts to Azure users. The discounts are available if you pre-pay for a year of Azure. If you do so, Microsoft kindly trims your bill by five per cent once you spend a certain amount. If you're billed in US Dollars, that threshold spend is US$6,000. If you choose another currency, …
Simon Sharwood, 31 May 2016
Exit sign. Pic:  Lukas Kästner

Vish Nandlall exits Telstra CTO role

Telstra's CTO has returned to America after just 21 months in the role, sparking speculation that he was sacked over the accuracy of his CV. On Friday it emerged that Nandlall had left, with Telstra silent on why, but the carrier has no immediate plans for a replacement. The Australian set the hounds running with a claim that …

As US court bans smart meter blueprints from public, sysadmin tells of fight for security info

The sysadmin-activist at the center of a bizarre legal battle over a smart meter network in Seattle, Washington, says he never expected a simple records request to turn into a lawsuit. Phil Mocek told The Register that when he asked Seattle City Light, a public power utility, to provide details on the designs and rollout of …
Shaun Nichols, 27 May 2016
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Three UK cloudy firms promise CMA they'll be 'fairer' to customers

The Competitions and Markets Authority (CMA) has found cloud storage providers were using contract terms and practices which could have breached consumer protection law – and has secured a “commitment” from three companies to not be naughty. Following the CMA's 218-page consumer law review of the sector (PDF), and “engagement …
HP CEO Meg Whitman

Whitman deletes another chapter in HP history as CSC and ES borg

Hewlett Packard Enterprise CEO Meg Whitman is dismantling another legacy bequeathed to her by a predecessor as she waves goodbye to Enterprise Services. The first lady of Palo Alto has already closed the chapter opened by one-time CEO Carly Fiorina who had signed off the buy of Compaq, only for HP's PC business to be ejected …
Paul Kunert, 26 May 2016
HP's Multi Jet Fusion 3D printer

HP Inc-eption: Our new 3D printers print themselves, says CEO

Just like Leonardo DiCaprio and his photogenic pals crafted dream worlds out of dream worlds in the hit flick Inception, we're told HP Ink prints its 3D printers using its 3D printers. Take one of HP Ink's new and expensive 3D printers, and you can print out half of the components needed to build another one, CEO Dion Weisler …
Chris Williams, 26 May 2016

Hillary Clinton broke law with private email server – top US govt watchdog

A report by the US State Department's Office of the Inspector General (OIG) has found presidential wannabe Hillary Clinton did breach record-keeping laws – by using a personal server for work emails. The watchdog added she was not alone in the practice. The 89-page dossier [PDF] found that three senior State Department figures …
Iain Thomson, 26 May 2016

Lost your shirt in the MtGox Bitcoin mess? Release the Kraken!

The operators of the Kraken alt-coin exchange will distribute $91m in Bitcoins to people left out of pocket by the 2014 MtGox collapse. Kraken, appointed to oversee what remains of the MtGox estate, says it has reviewed thousands of claims by MtGox's customers, who want their BTC back. Kraken will now hand out millions of …
Shaun Nichols, 25 May 2016
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Apple et al demand email law

Apple, Facebook, the Electronic Frontier Foundation and others have sent a letter to the chair of the Senate Judiciary Committee, Chuck Grassley (R‑IA), urging him to pass the Email Privacy Act. The legislation will update the antiquated 1986 Electronic Communications Privacy Act and close an important privacy loophole where …
Kieren McCarthy, 25 May 2016
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US watchdog probes Alibaba

The monster Chinese ecommerce site Alibaba is under investigation by the US Securities and Exchange Commission (SEC). In a filing – with the SEC – the company disclosed the financial regulator was looking into its accounting practices. That investigation includes Alibaba's biggest PR effort: the huge revenue generated on China …
Kieren McCarthy, 25 May 2016
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Insure against a cyberwhat now? How the heck do we crunch those numbers?

The head of a UK industry insurance organisation has called for the government to create a database where companies would be obliged to “record details of cyber attacks”. Insurers are struggling to assess premiums for newly introduced cyber insurance policies in the absence of background info, according to the head of the …
John Leyden, 24 May 2016
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Steady as she goes at Softcat, Q3 trading in line with forecasts

London Stock Exchange-listed reselling machine Softcat has issued a steady as she goes update to the market though it was stat light and made no further mention of economic storm clouds gsathering. The Marlow-based biz that floated late last year, warned at the half-way stage of fiscal ’16 ended January of “risks posed to …
Paul Kunert, 24 May 2016
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Half of EU members sidle up to EC: About the data-sharing rules. C'mon. Chill out

Ministers from half of the European Union's 28 member states have signed a letter asking the EU Commission to drop its “barriers to the free flow of data”. The letter was sent to the EU's digitally focused folk ahead of Wednesday, when the commission will publish the findings of its inquiry into online platforms (“search …
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Salesforce slaps UK Enterprise customers with 40% price hike

British Salesforce customers have been disproportionately hit by a price hike of the cloudy business' enterprise CRM system. The price for its Lightning Enterprise Edition software in the US increased by 20 per cent to $150 (£103) per month, while in Blighty prices rose 41 per cent to £120. One customer got in touch with The …
Kat Hall, 23 May 2016
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Facebook's turbo-charged Instant Articles: Another brick in the wall

Facebook recently opened up its Instant Articles platform to all publishers after an early test run with an anointed few publishers. In a nutshell, it strips out everything a publisher has festooned across their site. In its current form, it uses a specially crafted RSS feed to reformat articles for Facebook. The result is a …
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VCE boss Chad Sakac bets he'll win the hyperconverged market

VCE's new VxRail hyperconverged appliance sold 146 units in its first 44 days on sale and the EMC server unit's new leader Chad Sakac says that impressive start means he's betting the outfit will become the leading hyperconverged systems vendor by the end of 2016. Nutanix is felt to be the revenue leader in the field, having …
Simon Sharwood, 20 May 2016

Theranos bins two years of test results

The controversial blood-testing company Theranos has voided two years of results and issued tens of thousands of corrected reports, further undermining its credibility and raising serious questions over its future. The discarded results were run both on traditional testing machines and on Theranos' "revolutionary" Edison …
Kieren McCarthy, 19 May 2016
android logo

Google asks the public to name the forthcoming Android N operating system

Google I/O 2016 Google has been using its developers conference to show off forthcoming improvements in Android N and is taking the unusual move of asking the public to name it. Traditionally Android builds have been named after foodstuffs, like Jellybean or KitKat – the later picked not for marketing dollars but as an attempt to show how " …
Iain Thomson, 18 May 2016

SEC warns cybersecurity is biggest threat to financial system

The chair of the US Securities and Exchange Commission (SEC), Mary Jo White, has warned that the biggest risk the financial system faces is cybersecurity. Speaking at the Financial Regulation Summit in Washington DC, White warned the industry that their policies and procedures were not up to scratch and without them they faced …
Kieren McCarthy, 18 May 2016