Articles about Fortunes

Smell burning? Samsung’s 'Death Note 7' could still cause a contagion

Analysis Samsung’s rivals in the cut-throat flagship phone market shouldn’t pop open the champagne just yet. While in the short term, Sony, HTC and Google could see some upside from Samsung’s now-deceased “Death Note”, in the long term the market and the consumer benefit from a high margin leader. But it would be a dead cat bounce: a …
Andrew Orlowski, 11 Oct 2016

Everspin's Friday IPO goes pop: Moderate amount of champagne all 'round

Everspin has spun out its IPO; it offered 5 million shares at an estimated $8 a pop to rake in an estimated $40m, with shares starting trading on Friday October 7, opening at $9.10 and currently trading at $8.02. Not a disaster then. The magneto-resistive RAM startup has pulled in total funding of $80.3m since it was founded …
Chris Mellor, 10 Oct 2016

HPE crams unloved software down Brits' throats – then charges them $9bn to swallow it

Hewlett Packard Enterprise will eject its non-core software business in what it calls an $8.8bn "spin merge" deal with UK-based Micro Focus. HPE's big data, security, and IT management products – including some of its ex-Autonomy assets – will be spun out into a new company that will merge with Micro Focus. That's a software …
Shaun Nichols, 08 Sep 2016
Star Trek toys photo by Willrow Hood via Shutterstock

Forget Khan and Klingons, Star Trek's greatest trick was simply surviving

Star Trek @ 50 Thirteen films, TV spin-offs, millions of loyal fans and the ultimate of accolades for any work of science fiction – spoofs. Confirmation indeed of Star Trek's status as a cultural force. Fifty years ago this week, the genesis of that legacy played to unsuspecting and uninitiated US viewers. Star Trek the original TV series …
Gavin Clarke, 07 Sep 2016

Domain name bods NetNames netted by CSC Global

Domain biz NetNames has been flogged to US biz services outfit CSC Global for an undisclosed sum. Private Equity biz HgCapital has decided to offload NetNames after taking the publicly-listed outfit private in autumn 2011 for £153m, but it said little else about today's transaction. The deal isn't a massive surprise, as we …
Kat Hall, 02 Aug 2016
Ten fingers with windows flag

Windows 10 grabs 22 per cent desktop market share in a year

Windows 10 has grabbed more than 20 per cent of the world's desktops in its first year, according to the web-watchers on which The Register relies for regular assessments of operating system market share. Those watchers are Netmarketshare and StatCounter, which now have data covering the entire year since Redmond shoved …
Simon Sharwood, 02 Aug 2016
Man weighs himself on imperial scale. photo by shutterstock

BT sees 35% sales gain as it digests hearty EE meal

Sales jumped by 35 per cent for BT's first quarter to £5.7bn, with profit before tax up 16 per cent to £802m - mainly due to its £12.5bn slurp of EE. The mobile operator contributed £1.2bn for the quarter and £84m in operating profit. Elsewhere other parts of the biz were lacklustre. Its Wholesale biz fell 10 per cent to £ …
Kat Hall, 28 Jul 2016

Gartner's hype cycle turned upside down to assess Brexit

Gartner veep and fellow Mark Raskino has applied the analyst firm's famed Hype Cycle to Brexit. Gartner's Hype Cycle plots technologies' fortunes, asserting that after birth they ascend to a “peak of inflated expectations” before descending into a “trough of disillusionment.” The market eventually figures out what a technology …
Simon Sharwood, 22 Jul 2016
Pennies in a jar. Photo via Shutterstock

Three pence in a pound awaits Steljes' trade creditors

Unsecured creditors of audio visual distributor Steljes that are owed £6.72m by the fallen specialist will likely receive just three pence in the pound, according to the company’s administrator. Steljes collapsed in late May after cash flow dried up and directors were forced to call on AlixPartners, which decided the only …
Paul Kunert, 19 Jul 2016

Commvault stomps out with protection for Hadoop, Big Data analytics systems

Backgrounder Commvault’s Chief Communications Officer Bill Wohl was in London yesterday, and wanting to emphasise how well Commvault has recovered from the dip in its fortunes caused by customers moving to the cloud faster than anticipated. He said Commvault was, in our words, a bridge between product systems and their data and a protected …
Chris Mellor, 15 Jul 2016
The Desktop App Converter makes Appx packages for existing desktop applications

Hands On with Project Centennial: A better app installer for Windows

Hands On Even those who do not care about Microsoft’s Universal Windows Platform (UWP) might have some interest in Project Centennial, also known as the Desktop App Converter, which lets you convert desktop applications to the Appx format used by Windows Store apps. The ability to have Appx packages install desktop applications is a …
Tim Anderson, 12 Jul 2016
A man in panic

Got the Brexit fear? Keep calm and keep using AWS – Amazon UK boss

AWS Summit 2016 Amazon has urged customers to keep investing in cloud in the wake of British voters’ decision to leave the European Union. Gavin Jackson, AWS UK, Ireland and Europe managing director, said today that the best approach is to "keep calm and carry on". He was opening the AWS London Summit and tackled Brexit head on in front of 5, …
Gavin Clarke, 07 Jul 2016
A car pulled over near a hazard sign on a country road. Photo by Shutterstock

BlackBerry's turnaround stalls

BlackBerry announced further losses today as its comeback plan snagged on adjustments to the books. Revenue was down to $400m (GAAP) for the quarter, down from $658m. But the company made significant balance sheet adjustments including a one-time asset asset impairment charge of $501m, and an inventory write down of $41m, …
Andrew Orlowski, 23 Jun 2016
K2 detail

Kaminario 'shelves' future. Between you and NVMe, it could get flashy

Analysis All-flash array vendor Kaminario has been in business a year longer than Pure Storage but is some way behind in sales, size and funding. However, it has begun expressing a technology vision that could accelerate its growth dramatically. We don’t know what Kaminario’s revenues from its K2 scale-up and scale-out arrays built …
Chris Mellor, 22 Jun 2016

VMware aims high with a little help from its friends

VMware's extensive ecosystem has been a massive part of its success, as demonstrated by the fact that even when server virtualisation looked like a reason to stop buying servers it created an opportunity for Intel to make virtualisation sing and arguably left Chipzilla making more coin from virtualisation than VMware itself. …
Simon Sharwood, 14 Jun 2016
Lenovo Phab2 Pro Tango phone

It takes two to Tango: Lenovo bets on phabs, snap-on smartphones

Lenovo hopes its new smartphones and new phablets will help reverse its tumble in the mobile market. The Chinese computing giant took the stage in San Francisco Thursday to unveil its long-awaited Phab 2 family – which includes its Google Project Tango-enabled phablet – as well as a revamped line of Moto Android smartphones. …
Shaun Nichols, 10 Jun 2016

Foxconn to slurp loss-making Smart Technologies for $200m

Loss-making interactive display vendor Smart Technologies has agreed to sell up to Foxconn for $200m. Under the terms of the deal, the Chinese contract manufacturer will fork out $4.50 per Smart Tech share, equating to a 21 per cent premium on the average trading price in the last 90 days. The buy gives Smart access to a “ …
Paul Kunert, 27 May 2016
Man in a suit drinking tea out doors reading from his tablet

Warren Buffett picks Apple

Apple’s Wall St fortunes have received a boost from veteran investor Warren Buffett. His Berkshire Hathaway took a 9.8-million-share stake in the firm at the start of the year, news that boosted Apple's stock two per cent before trading on Monday. Buffett traditionally limited his exposure to tech stocks – he holds an 8.59 per …
Gavin Clarke, 16 May 2016
Gunslinger, image via Shutterstock

The fork? Node.js: Code showdown re-opens Open Source wounds

Open Source Insider Open source software rarely receives the kind of attention that the press lavishes on the latest hot new thing blessed by Silicon Valley venture capitalists. Yet these projects are the foundations of the web world. Without open source there would be no Slack, no Medium, no Github. Nor would there be Google, Facebook, or much …

How to make a fortune in space? Start with one here on Earth…

We all know the ambition of Silicon Valley’s finest know no bounds - not even gravity. So it’s no surprise that some of the world’s finest business minds are training their brain power and considerable fortunes far beyond our own, rather limited world. That’s why on June 22, International Space University’s Prof Chris Welch …
Joe Fay, 12 May 2016

Web wobbles at Misco: Might be back up today, or tomorrow

Not wanting to be totally outdone by the recent outage at arch rival Insight Enterprises, online reselling rival Systemax Europe - trading as Misco - has battled its own web demons for the best part of this morning. The company’s site first fell over at least two hours ago with its Twitter feed acknowledging the worldwide …
Paul Kunert, 13 Apr 2016
Doctor Who in Listen

Google-funded study concludes: Make DMCA even more Google-friendly

Comment The DMCA must have been a good idea in its day – almost every other country copied it. Today, the DMCA's takedown process is broken, but Silicon Valley's billionaire plantation owners have successfully convinced many that it's broken for completely different reasons. Instead of empowering the little guy to give them more …
Andrew Orlowski, 02 Apr 2016
Cat lies exhausted in front of a sandwich board advertising an internet cafe, with all manner of tech companies' branding plastered all over it: Google, Yahoo, Facebook, MSN , Skype, ,Opera, Ventrilo, Twitter, MIRC!!!

Top! tip! for! Yahoo! – 'Fire! your! board! of! directors!'

The activist investor firm who first pushed for the sale of Yahoo!'s core search business now wants to oust its board of directors. Starboard Value says that it wants to replace all nine directors at the Purple Palace with its own group of nine execs, who will make a "significant change" at the ailing search and advertising …
Shaun Nichols, 24 Mar 2016

Computacenter eyes investment plans for growing cash mountain

Computacenter's centre of gravity shifted eastwards in 2015, as the mega reseller’s German operation fired on all cylinders while its UK box-shifting business sputtered. At the same time, its CEO and chairman both seemed to suggested it could be looking even further afield as it ponders what to do with its enormous cash pile …
Joe Fay, 11 Mar 2016

You're fired! No – you're acquired! Reality TV hits Silicon Valley startups

First comes satire then something that makes satire impossible. To be fair, it's been a long time coming, but Silicon Valley is about to gets its own reality TV show and it's going to star Jason Calacanis. Who? You know, Jason Calacanis, the poor man's Marc Cuban. And it's a good choice, since Jason embodies everything that …
Kieren McCarthy, 05 Mar 2016
Google Cloud logo

Red Hat in Google cloud Gluster chuck

Red Hat’s ramping up the pressure on Ubuntu by going deep on another cloud provider’s platform. The Linux spinner’s Gluster Storage shared-nothing, file storage system is now available on Google’s cloud platform. Red Hat hopes to boost its fortunes by making its Linux-based infrastructure code available as an option to those …
Gavin Clarke, 18 Feb 2016

Microsoft seller Trustmarque seeks private equity sugar daddy

Exclusive Trustmarque is erecting a for sale sign outside corporate HQ as the management team looks for a new private equity backer to fund a buy-out. The volume licensing reseller-cum-managed services outfit is currently backed by Endless LLP, which swooped for the York-HQ’d business when it faced well publicised cash-flow challenges …
Paul Kunert, 12 Feb 2016
Cisco RFGW-1-D Edge QAM

Enterprise network spend hits the brakes – and Cisco's OK with that

The financial market turmoil that's characterized 2016 has led Cisco to set modest expectations for the coming three months. Having said that, the networking giant is pleased with its performance in Q2 of its fiscal 2016, aka the quarter to January 23. Its US$11.8bn second quarter revenue (normalized to exclude the cable …

ARM pumps fist as profits soar, warns of weaker hand in 2016

Chip designer ARM once again posted bumper annual results, with profits up 31 per cent to £414.8m on revenue of £968m, up 22 per cent. During the year the company shifted 14.8 billion ARM-based chips, up 16 per cent on 2014. But the company warned that increased economic uncertainty during 2016 "may influence consumer and …
Kat Hall, 10 Feb 2016

Speednames 'fesses up, admits customers' emails are borked

Customers of Speednames, the subsidiary of domain name registration firm NetNames, have been unable to receive emails since yesterday. On its status page the company said “it is currently not possible to receive emails at present.” Outgoing messages are being sent successfully but it warned that incoming emails sent to …
Kat Hall, 04 Feb 2016
Kids car snow, image via Shutterstock

Cloud growth? Take a number, Microsoft. Two engines have stalled

Microsoft’s second fiscal quarter showed a company at a dangerous stage in its transition. It also revealed a firm that is unable to rely on the certainties of old. Not so long ago, Microsoft could call on three engines of growth to drive its business – Office/personal productivity, server and tools, and Windows client …
Gavin Clarke, 30 Jan 2016

NetNames hires turnaround king Steve Vaughan

Self-anointed turnaround expert Steve Vaughan has parachuted into NetNames as non-exec chairman, presumably to improve things at the loss-making domain name registration firm. Vaughan has a track record of saving ailing companies, and managed to improve the fortunes of Phoenix IT Group, stemming the losses and preparing it for …
Paul Kunert, 15 Jan 2016

Basho bashed by bolshy backer, ex-boss claims in court brouhaha

Basho Technologies is being sued by its cofounding ex-CEO, who alleges a major investor caused a disastrous fall in the company's finances. Antony Falco and Earl Galleher founded Basho in 2008. The biz, based in Bellevue, Washington, develops the Riak distributed NoSQL database that can store massive amounts of unstructured …
Chris Mellor, 08 Jan 2016

Who will buy our darn DRAM? Micron smacked in wallet again

It was not a happy Christmas for Micron, as the numbers confirm it is suffering in the solid state memory and storage business with a fourth consecutive decline in revenues and fifth in profits. It made $3.35bn in revenues for its first fiscal 2016 quarter, compared to $4.57bn a year ago and $3.6bn in the preceding quarter, …
Chris Mellor, 30 Dec 2015

How business is taking the space race to new frontiers

Analysis Jeff Bezos may not have gone where no man has gone before, but in successfully landing its New Shephard rocket back on Earth, his rocket company Blue Origins has pipped ahead of rivals in the race to make space commercially viable. It’s a significant coup in the latest incarnation of the space race. And it may have given pause …

Edgy online shoppers face Dyre Christmas as malware mutates

VXers have cooked up Windows 10 and Edge support for the nasty Dyre or Dyreza banking trojan. The banking bomb has ripped untold fortunes from victims and passed them into the hands of its authors. In at least one instance alone IBM says more than one million dollars was plundered from an organisation. At present it has …
Darren Pauli, 19 Nov 2015
symantec CEO mike brown

Symantec's salvation plan is more and better integration. No, really

Symantec divested Veritas because it never quite convinced anyone that an integrated security and data management company made sense, and its security business has struggled in part because it's not linked its protection products. But the company's new CEO Michael Brown nonetheless thinks that integrating the company's range is …
Simon Sharwood, 17 Nov 2015

What do you call a spreadsheet with lots of negative numbers? Qualcomm_FY2015.xlsx

Mobile chip blueprint scribbler Qualcomm reported big losses to close out its 2015 fiscal year, though the hits were less severe than the California company initially feared. Qualie said it hopes to turn around its fortunes in the coming fiscal year, as it banks on continuing adoption of 3G/4G networks globally and a …
Shaun Nichols, 05 Nov 2015
Watson Power7 cluster. Pic: IBM

IBM splashing $2bn on Weather Company – reports

Big Blue is reported to be further beefing up its Watson division by splashing $2bn (£1.3bn) snapping up the digital arm of the Weather Company, a US-based organisation that runs the Weather Channel and a digital company providing mobile apps. Both the Wall Street Journal and the Financial Times reported that people familiar …
Kat Hall, 28 Oct 2015
Pointing finger, photo via Shutterstock

Handy results put ARM on track for a muscular year

Chip designer ARM has posted another period of growth, with revenue up 17 per cent to $375.5m (£243m) for the third quarter, when compared with the previous year. Meanwhile, third-quarter pre-tax profit climbed 27 per cent to £128.4m, compared with the same period last year. ARM appears to be on track for a record year, with …
Kat Hall, 21 Oct 2015

Your one-minute guide to IBM's financial future – or just imagine a skier tumbling down a slope

Today, IBM is said to be the biggest technology services biz on Earth – and the only way is down. Big Blue's fortunes are continuing in a downward trend: its global revenue has fallen, profit is down, and its share price slipped five per cent in after-hours trading on Monday. The company blamed the strong dollar for bruising …
Chris Williams, 20 Oct 2015
London from the International Space Station, credit Commander Hadfield

UK Broadband suffers £37.5m loss after big Relish investment

Hong Kong-based UK Broadband – the parent company of wireless broadband provider Relish – reported a loss of £37.5m for 2014. The firm warned that its current business plan, which relies on two key factors, remained uncertain and may need to be ripped up. It said in its latest filing on Companies House: The first of these is …
Kelly Fiveash, 13 Oct 2015
Uncharted 3: Drake's Deception

Noughty by nature: Uncharted: The Nathan Drake Collection and Rock Band 4

Game Theory It's the noughties all over again as two franchises from very different genres, Uncharted and Rock Band, are repackaged and re-released for a new generation of consoles. Find out if Nathan Drake's quips and Rock Band's licks still have what it takes to rise to the top of the charts. Uncharted 3: Drake's Deception Uncharted …
Mike Plant, 09 Oct 2015
San Andreas fault

Dog walkers, the San Andreas fault ... and the storage industry

Comment Mainstream storage arrays are being harassed by a wolf-pack of sleeker competitors. Looking at storage is like looking at a dog walker on the beach with a hundred howling dogs of all sizes and breeds on the leashes. Some are puppies, some young and sleek, some old and fat. They bark and growl and run in all directions …
Chris Mellor, 07 Sep 2015

Reg readers select infosec A-Team to save Ashley Madison

It’s a week since – with some prescience – we launched a poll to find out who, in the wide world of IT and beyond, might be man (or woman) enough to rescue troubled infidelity site Ashley Madison. Hours later self-styled “King of Infidelity” Noel Biderman quit as chief exec of Avid Life Media, the parent firm of Ashley Madison …
John Leyden, 04 Sep 2015

Cash-happy BlackBerry slurps one-time rival Good for $425m

BlackBerry has dug deep into its lint-filled pockets to buy its one-time legal adversary Good Technology for a cash sum of $425m (£280m). BlackBerry hopes the deal will allow it to beef up its presence in the enterprise mobile management space. John Chen, BlackBerry chief exec, said the acquisition will expand its offering in …
Kat Hall, 04 Sep 2015

No more jaw-jaw, as PRS sues SoundCloud over music streaming

Analysis UK performing rights society the PRS* has told its 111,000 members that it is now reluctantly suing SoundCloud after five years of fruitless negotiations, for refusing to properly compensate its members after streaming their works. “Unfortunately, [SoundCloud] continues to deny it needs a PRS licence for its existing service …
Andrew Orlowski, 01 Sep 2015
Human cannonball

So, was it really the Commies that caused the early 20th Century inequality collapse?

Worstall @ the Weekend What with both the Corbynistas and Sandersistas on their various sides of the pond bringing back into the political mainstream the somewhat discredited ideas of state directed economies and socialism lite, perhaps it's time to have a look at one of the arguments used to bolster those ideas. Which is that post World War Two …
Tim Worstall, 30 Aug 2015
woman binoculars photo via Shutterstock

Windows 10 blamed (partly) for stalled PC sales recovery

The recovery in PC sales has been postponed until 2017 – and Microsoft and Windows 10 are partly to blame. Worldwide PC shipments will now fall by 8.7 per cent by the end of the year and growth won’t return for another two years, the IDC said. The number cruncher had expected that the arrival of Windows 10 in July would …
Gavin Clarke, 27 Aug 2015
Walkie Talkie photo: Malcolm Chapman/

RSA chief uncans insurance giant's mega IT infrastructure review

Interview Zurich Insurance, Europe’s third-largest insurer with $70bn in revenue and 55,000 staff, hinted last week that it might buy RSA Group. Yet six major acts of M&A have saddled RSA with 15 data centres, managed and run differently and propping up a creaking architecture. Worth £4.5bn and with 19,000 staff and 20 million customers …
Gavin Clarke, 10 Aug 2015