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Micron RealSSD

Chipper chipmaker Micron shows off boosted bottom line – gee, thanks, Elpida

Memory chipmaker Micron Technology – still riding high on the announcement that its on-package memory will bolster Intel's "Knights Landing" processor – has announced what appear to be cheery results today. Its fiscal 2014 quarter revenues were $3.98bn, 3 per cent lower than the second quarter of fiscal 2014 but a whopping 72 …
Chris Mellor, 24 Jun 2014
Money image

Hackers steal trade secrets from major US hedge firm

Criminals have successfully attacked a hedge fund, delaying trades and stealing profitable secrets in a rare direct raid on the financial services sector, according to BAE Systems Applied Intelligence. The clever hack cost the unnamed US-based hedge fund millions of dollars over two months, the firm alleges. Attackers apparently …
Darren Pauli, 23 Jun 2014

SCC: Blighty biz cracked open wallets in 2014, and not JUST for Windows XPocalypse

Customers fleeing end-of-support Windows XP doom coupled with boosts in data centre hosting and managed services wins fuelled top and bottom line goodness at reseller titan SCC in the recently closed fiscal '14. The Birmingham-HQ'd channel giant pushed up turnover for the year ended 31 March by 9.5 per cent to £1.74bn as …
Paul Kunert, 12 May 2014
Stock ticker board

Fujitsu: Sayonara, London Stock Exchange... You're not worth the money

Japanese giant Fujitsu is to yank its shares from the London Stock Exchange in a move that will help it cuts costs and which recognises the shifting sands in global financial markets. The application to delist common stock and European Depository Receipts* from the Official List of the UK Listing Authority**, as well to cancel …
Paul Kunert, 28 Nov 2013

Zuckerberg IN COURT: Judge rules Facebook investors CAN sue for IPO non-disclosures

A US judge has decided that Facebook, Mark Zuckerberg and a bunch of banks will face a lawsuit accusing them of misleading investors about its $16bn initial public offering. District Judge Robert Sweet in Manhattan said that investors should be allowed to pursue their claims that Facebook and the banks running its IPO were wrong …

Dragons' Den star's biz Outsourcery sends yet more millions up in smoke

Cloud service provider Outsourcery has released its half-year financials while talking up its business potential, quietly avoiding the fact that it has little to boast about in terms of actual performance. Revenues at the cloud services player to the end of June moved up 23.5 per cent to £2.1m (including £1.5m of recurring …
Paul Kunert, 25 Sep 2013
Cisco MU-MIMO diagram

WTF is … MU-MIMO?

With 802.11ac Wave 2 due for ratification in December, El Reg had a talk to Cisco's Andrew Myles, Manager of Protocols in the Borg's Wireless Network Business Unit, to get a handle on one of its more interesting characteristics: MU-MIMO. Along the way, there were some handy reminders. Myles, who's been around the wireless scene …
The F5 Networks SDN strategy before LineRate Systems was snapped up

F5 Networks scarfs up LineRate Systems for SDN smarts

Another software-defined networking startup has been scarfed up before it got rolling very far on its own. In this case, network-acceleration and load-balancing juggernaut F5 Networks has acquired LineRate Systems, whose founders have spent the better part of the last decade figuring out how to shape traffic way up in the stack …
The Register breaking news

Red Hat snaps up open source SOAer FuseSource

A bunch of open-source Apache projects relating to application integration and messaging protocols have found what will very likely be their final commercial home, as Red Hat has just bought the FuseSource subsidiary of Progress Software. FuseSource is a major contributor to a number of different Apache projects and …

Red Hat pinched by muscular greenbacks in Q2

Anyone selling hardware or software overseas as a significant portion of their overall revenues got a haircut in the past few months, and Linux server and Java application server juggernaut Red Hat was no exception. In the second quarter of fiscal 2013 ended in August, Red Hat's overall revenues grew by 14.7 per cent to $322.6m …
VMware logo

VMware shells out $1.26bn for virtual networker Nicira

The networking business just got a wake-up call from server virtualizer VMware in the guise of a $1.26bn acquisition of virty networker Nicira. VMware's CTO Steve Herrod has been talking up the concept of the "software-defined data center" for the past couple of months, and the server virtualization juggernaut and cloud wannabe …
The Register breaking news

MySpace vanishes $254m from News Corp coffers

Television and film continue to be News Corp's core area of sales growth, even as other aspects of Rupert Murdoch's empire – including recently-sold MySpace and scandal-ridden News International – unsurprisingly had a bumpy Q4. The company rolled out Murdoch at its conference call in New York to personally anoint the results (13 …
Kelly Fiveash, 11 Aug 2011
For Sale sign detail

Red Hat snatches storage Gluster file system for $136m

Commercial Linux distributor Red Hat is paying $136m to acquire Gluster, the privately held maker of the GlusterFS cluster file system that is used by some hot properties on the intertubes. Gluster is a spin-off from California Digital Corp, a supercomputer maker that was tapped by Lawrence Livermore National Laboratory to build …
hands waving dollar bills in the air

Cisco 120Gbps router rumored

Cisco is rumored to be cooking up a new carrier core router to outpace Juniper's speedy T1600. But it seems that issues with the supporting application-specific integrated circuit (ASIC) design may delay the Cisco's telco router rollout by up to a year. The new MSC120 Cisco router will become heir to network giant's Carrier …
Austin Modine, 02 Feb 2010
The Register breaking news

Red Hat accelerates through $1bn in sales

"We think of Linux as a competitor in the student and hobbyist market but I really don't think in the commercial market we'll see it in any significant way." Bill Gates, 2001 You can't blame Red Hat for wanting to rub it in a little bit as it busted through its first $1bn year. Yes, El Reg knows that numbers are not barriers, …
For Sale sign detail

LSI snaps up flash controller company

Flash industry consolidation took another step forward, with semiconductor company LSI buying flash controller startup SandForce to strengthen its server and storage array flash offerings for ultrabooks, notebooks, servers and storage arrays. The price is $322m cash plus taking on $48m of stock options and restricted shares held …
Chris Mellor, 28 Oct 2011
cloud

Computacenter ditches last distie biz

Computacenter has sold the last of its distribution businesses to Ingram Micro for an undisclosed amount. In a statement, the reseller said: "This completes Computacenter's exit from trade distribution and leaves Computacenter totally focused on services and solutions for end user customers." The takeover means about 40 staff …
John Oates, 27 Oct 2009
The Register breaking news

EMC slides Archer Technologies into security quiver

Storage behemoth EMC started down the 2010 acquisition trail on Monday by announcing an agreement to purchase Archer Technologies, a privately-held maker of IT governance, risk management, and compliance software. The vendor did not disclose the acquisition's price tag, but said the transaction is not expected to have a material …
Austin Modine, 04 Jan 2010
graph up

EMC shuffles Ionix to VMware

EMC is keeping up appearances that its VMware subsidiary is still a separate company. Today, it transferred a number of system management products that were part of its evolving Ionix brand to VMware for $200m in cash. Last July, after five years of making systems management tool acquisitions, EMC slapped the Ionix brand on the …
fingers pointing at man

EMC buys into mainframe VTL market

EMC is the Dyson of storage companies, hoovering up other storage companies with no loss of appetite however many it buys. It has just sucked up mainframe virtual tape library (VTL) supplier Bus-Tech. Mainframes can use tape for backup data and also during normal operations with a tape library connected by FICON or ESCON channel …
Chris Mellor, 11 Nov 2010
The Register breaking news

Twitter bomb threat joke man faces possible jail sentence

A Twitter user who posted a "joke" bomb threat against a UK airport could be jailed after pleading guilty to sending a menacing message. Paul Chambers, 26, of Balby, Doncaster, admitted posting an ill-considered message onto Twitter about Robin Hood Airport, South Yorkshire, on 6 January after the airport closed as a result of …
John Leyden, 22 Feb 2010

HPC goes mainstream

Many people tend to associate High Performance Computing (HPC) with exotic supercomputers with esoteric CPUs, high-end networking and storage fabrics, and custom applications simulating nuclear explosions, virtually crash-testing cars or designing the aerodynamics of the latest jetliner. This vision is true for the high end of …
Andrew Buss, 06 Sep 2010
The Register breaking news

AMD readies Bulldozers to ship next month

The hybrid CPU-GPU chips for mobile PCs gave Advanced Micro Devices some breathing room in the second quarter, but it's going to take continued ramping of these APU processors and an upswing in Opteron server sales to get the company back to the profit levels it should be enjoying during a retooling phase in the IT market – and …
The Register breaking news

Raytheon buys BBN for 'about $350m'

Renowned techsploration company BBN - famed far and wide for inventing forerunner internet kit, and for giving the world the "@" symbol in email addresses - has been bought by US armsbiz colossus Raytheon. The move illustrates growing aspirations on the part of arms firms to do business in the information systems sector. …
Lewis Page, 27 Oct 2009
channel

Oracle assures financiers they're not that important after all

Oracle comforted distraught investment bankers yesterday by delivering better-than-expected first quarter profits and pointing out it really doesn’t do that much business in the financial services sector. The database giant turned in revenues up 18 per cent to $5.3bn for the quarter ending August 31, producing a net profit of $1 …
Joe Fay, 19 Sep 2008
The Register breaking news

Thus finds a home for mobile division

The mobile division of C&W-owned Thus has been palmed off to Genisis Communications, to prevent the customers falling into the hands of Cable & Wireless or being subsumed into Vodafone. Thus' mobile division incorporated a Vodafone reseller called Intercell, but when Thus got bought by Cable & Wireless last year Vodafone …
Bill Ray, 26 Mar 2009

EMC buys web services startup Infra

EMC is showing the world today that it's a brave little guy about the rejection of a hostile $178m takeover bid from Iomega. The company is publicly devouring someone else instead. EMC said it will acquire the privately held software company Infra Corp. for an undisclosed amount. Infra vends web-hosted software designed to …
Austin Modine, 11 Mar 2008
thumbs up teaser 75

Dimension Data profits and rev climb

IT services firm Dimension Data said today that total revenue rose to $3.8bn for the year, up by nearly a quarter on its 2006 results. Pre-tax profit also jumped significantly year-on-year to $150m from $65m previously, while earnings per share are up to 5.6 cents - an increase of 180 per cent on 2006. Dimension Data said in a …
Kelly Fiveash, 14 Nov 2007

Nvidia may take $150m hit over stock options

Nvidia's investigation into stock-option awards will result in a restatement of the company's financial figures for fiscal years 2004, 2005 and 2006, and for Q1 FY2007, the graphics chip maker admitted last night. It said the net impact of the restatement will be non-cash charges totalling less than $150m before tax. Whatever …
Tony Smith, 02 Nov 2006

Nvidia takes $127m stock-option probe charge

Nvidia has said it will take a $127m non-cash hit as a result of the past stock-option irregularities the company earlier this year announced it had discovered. This month the graphics chip maker said the impact could be as much as $150m. The company also restated its FY2006 financial results and those of the first two quarters …
Tony Smith, 30 Nov 2006
channel

DSGi crosses fingers on new store format

Struggling retailer DSG International (DSGi) is hoping the overhaul of its computer and electrical barns will help turn its fortunes around after it was hit with an unfavourable tax ruling by HMRC. The company said today that its new store formats for Currys and PC World in the UK pulled in gross profits between 15 per cent and …
Kelly Fiveash, 03 Mar 2009
The Register breaking news

Behind Apple's record sales are signs of desperation

As we went to press with this story, Apple had just reported its first quarter results and Nokia was about to. For both arch-rivals, the quarter will not be indicative of longer term trends. For Apple, there has been disruption to its supply chain, while Nokia's future will be hard to judge until it launches its new WP7 devices …
Wireless Watch, 24 Apr 2011

EMC whisks Iomega away from Chinese suitor

Iomega has dumped its Chinese fiancé and is running away with the richest man in the room. Yes, it's EMC, which last month interrupted Iomega's plans to marry a subsidiary of Great Wall Technology, with an unasked for and spurned offer of $178m. EMC returned a few days later with more dough, about $213m cash, or $3.85 a share. …
Drew Cullen, 08 Apr 2008
cloud

Brocade captures Silverback

Storage switch vendor Brocade has bought privately-held network accelerator chip start-up Silverback Systems for an undisclosed sum. Silverback's gear is aimed at speeding up iSCSI storage area networks. The Massachusetts-based firm was founded in 1999 with venture capital and has offices in the UK and Netherlands. Silverback …
The Register breaking news

Fraud cases breached £1bn level in 2007

Organised gangs pushed the value of fraud to a 12-year high last year, with the UK government being the largest victim of their criminal activities, according to a new survey. KPMG Forensic, which has been monitoring fraud levels for 20 years, said today that the total value of cases heard by UK courts in 2007 - £1.02bn - was …
Kelly Fiveash, 04 Feb 2008
Flag Canada

Canada sticks the boot into Neteller

Money transfer group Neteller, which at one time serviced about 85 per cent of online gambling transactions, has been forced to pull out of Canadian and Turkish markets after garnering attention from regulators. The group said any funds customers had deposited in their e-wallets would be safe, and could still be used for non- …
channel

Computacenter issues profit warning

Computacenter has issued a full-year profit warning for 2005, just a month after reporting its 2004 results. The warning sent shares on an 11 per cent, or 33 pence slide early Wednesday morning. It warned that unless market conditions change, its profits would be "substantially below last year" when it reported profit of £67.3m …
Lucy Sherriff, 20 Apr 2005
cloud

Cisco claims unified computing is taking off

It took longer to get its "California" Unified Computing System out the door than networking giant Cisco Systems would have wanted, but in July the machines started shipping to customers. Welcome to the server business, where delays in chips and servers are the bane of your existence. Oddly enough, it wasn't Cisco that first …
The Register breaking news

Circuit City buys BestBuy music download supplier

US retail chain Circuit City is to buy online music retailer MusicNow. Terms of the deal were not disclosed, but the two companies said they expect the acquisition to be completed by the end of this month. Circuit City said it will not have a material impact on its FY2005 results. MusicNow will continue to operate under that …
Tony Smith, 01 Apr 2004
The Register breaking news

eBay snaffles Dutch classifieds website

eBay has acquired Marktplaats, the leading classifieds website in the Netherlands, for approximately US$290m in cash. It bought the operation from a Dutch second-hand retail shop outfit. Founded in 1999 and based in Emmeloord, Marktplaats.nl is the most popular classifieds website in the Netherlands. With more than one million …
Jan Libbenga, 11 Nov 2004

Dell accountants spank themselves

Dell has released the results of its internal accounting probe today, stemming from allegations they mis-dated earnings or backdated share options to reach their financial goals. The probe has obviously been a huge thorn in the computer maker's paw, delaying the filing of current financial results and prompting an expensive …
Austin Modine, 16 Aug 2007
server room

Nortel re-restates results, fires CEO

Nortel Networks today sacked its CEO, CFO and controller and said it would restate financial results for the second time in five months. Earnings for 2003 will only be half of what was previously stated, said Nortel, which will delay future earnings results and keep plugging away with an internal investigation into accounting …
Ashlee Vance, 28 Apr 2004
The Register breaking news

Dell's profit evaporates as AMD love swells

Banish any thoughts of Dell suffering from a short-term stumble. The Dell juggernaut has veered far off the tracks and doesn't look set to recover anytime soon. Dell today tossed out weak second quarter results, marking the third time in the last four quarters that the company has displayed lackluster sales. Revenue for the …
Ashlee Vance, 17 Aug 2006
The Register breaking news

Wal-Mart cedes DVD rental biz to Netflix for a plug

Super, hyper, global, mega store Wal-Mart has given up on renting DVDs via the mail, deciding instead to form a partnership with upstart Netflix. Wal-Mart will turn over its DVD rental customers to Netflix. In exchange, Netflix will plug DVDs that Wal-Mart has put up for sale on its web site. Existing Wal-Mart customers can …
Ashlee Vance, 19 May 2005
The Register breaking news

PlayStation 2 export limit lifted

Japan's Ministry of Trade has decided that you can't use Sony PlayStation 2s to build missile guidance systems and the console is nothing more than "a general-purpose product" after all. Surprise, surprise. Originally, MITI had placed a restriction on the console limiting individuals from taking more than two PlayStation 2s out …
Tony Smith, 18 Apr 2000
The Register breaking news

NetPliance hobbles i-Opener $99 PC hack

NetPliance has disabled its $99 i-Opener appliance, to prevent new models being pumped up into a fully-functioning PC. The Texan-based company aims to sell Net access subscriptions for $21.95 per month, on the back of the i-Opener's (tagline - All the fun of the Internet without the computer) pared-down email and Internet …
Drew Cullen, 23 Mar 2000
The Register breaking news

.Net report speared a third time

The .net report has been speared a third time - by bidder Sentan. It has produced a long letter outlining what it says are "several fundamental flaws, each resulting in a material impact upon the final ranking", and has called for a "thorough and immediate review" by ICANN. The strongly worded letter and attachment is likely …
Kieren McCarthy, 05 Apr 2005
fingers pointing at man

Vulnerability tallies surged in 2006

Flaws in Web applications boosted the bug counts for 2006 by more than a third over the previous year, according to data obtained by SecurityFocus from the four major vulnerability databases. On Monday, the Computer Emergency Response Team (CERT) Coordination Center released its final tally of the number of flaws the …
Robert Lemos, 21 Jan 2007
The Register breaking news

Intel renews Rambus patent licence

Intel has just renewed its patent cross-licensing agreement with Rambus - in plenty of time to prevent there being any impediment to the shipment of the DDR SDRAM version of its i845 chipset, aka Brookdale. Terms of the deal were not revealed, but Intel has obviously had to stump up some cash, hence the "positive material …
Tony Smith, 17 Sep 2001
The Register breaking news

FTC calls privacy claims to account

Most online businesses promise they'll protect customer data as if it were their own. Now the government is holding them to it, writes SecurityFocus columnist Mark Rasch. The last couple of weeks have been a busy time for information security law and privacy. First, the California law that requires disclosure of break-ins that …
Mark Rasch, 07 Jul 2003