Articles about Morgan

Morgan Stanley staffer cops guilty plea over data breach

The Morgan Stanley staffer fired in January over a massive data breach has now entered a guilty plea in the Federal Court in Manhattan. Galen Marsh was being tried for taking hundreds of thousands of records of the bank's wealth management operation home. Some of the trove, affecting 900 individuals, then ended up on Pastebin …
Google's Mountain View Headquarters

Google nabs Morgan Stanley CFO to replace Patrick Pichette

Google have announced that Ruth Porat, currently Chief Financial Officer at Morgan Stanley, will be joining the Mountain View management team as CFO. Current CFO Patrick Pichette announced his retirement to go backpacking earlier this month. Google stated that he would be staying on board to "ensure an orderly transition, …
Morgan Stanley

Morgan Stanley fires rookie for stealing thousands of fat cats' financial files

Morgan Stanley has confirmed it sacked one of its financial advisers after he allegedly stole confidential data on up to 350,000 clients – information which then appeared online. According to the New York Times, in mid-December Morgan Stanley found on Pastebin sensitive information regarding 1,200 accounts belonging to 900 …
Iain Thomson, 06 Jan 2015
JPMorgan

JP Morgan bank bod accused of flogging customer account info

The FBI has charged a former JP Morgan employee with selling customer information to thieves who wanted to empty accounts without triggering any alarms. Unsealed court records [PDF] recount that Peter Persaud, who worked at JP Morgan's Brooklyn branch, contacted an undercover FBI informant, and allegedly offered to sell him the …
Iain Thomson, 29 Apr 2015
JP Morgan HQ at Canary Wharf

IT executive at JP Morgan dies in fall from bank's London HQ

A man who died in a fall from JP Morgan's headquarters in London yesterday has been named as Gabriel Magee, a senior IT programmer at the firm. The 39-year-old American had worked for the investment bank for ten years in both New York and London and was vice president in CIB Technology at the time of his death. "We are deeply …
Team Register, 29 Jan 2014

Who will kill power companies? TESLA, says Morgan Stanley

With Tesla and Panasonic prepping the giant erection called the GigaFactory, Morgan Stanley has penned an investor note predicting that Elon Musk's big battery footprint will become a major disruptor to power utilities. It's hardly disinterested, since the financiers were underwriters for a Tesla fundraising round in the past, …
Stock ticker board

Morgan Stanley: Web firms too fat and ugly to bother investing in

Morgan Stanley has lowered its view on all internet company stocks from "attractive" to just "in-line", warning that sector has to show some more growth if it wants to justify current valuations on shares. In a research note to clients, analysts said that investors had been looking at the total addressable market (TAM) …
The Register breaking news

Morgan Stanley cops $5m fine over Facebook IPOcalypse

Morgan Stanley has been fined $5m for allegedly coaching Facebook on how to selectively release its financial information before its market debut. The lead underwriter for Facebook's IPO has settled with the Massachusetts securities regulator, William Galvin, neither admitting or denying the allegations. The banks that …
storage arrays superimposed on cloudy sky

Embattled Barracuda Networks looks for buyer – report

Barracuda Networks, with its back against the wall after a string of poor quarters and collapsing stock price, is reportedly looking for a buyer. According to Bloomberg, Barracuda engaged with Morgan Stanley to look for a buyer some months ago. The company provides data protection and security products for small and medium …
Chris Mellor, 02 Feb 2016
The Register breaking news

JP Morgan has a Playmobil moment

They say imitation is the sincerest form of flattery, so we're well and truly flattered that JP Morgan has taken a leaf out of the El Reg Bootnotes book and decided that figurines are the best way to illustrate important news. In this case, it's the European debt crisis rendered in Lego miniatures: The European debt crisis …
Lester Haines, 08 Sep 2011
Renderings always look great

Find shaving a chore? Why not BLAST your BEARD off with a RAYGUN

Men with beards have invented a razor which shaves with a laser. Californian startup Skarp is the brainchild of follicle boffin Morgan Gustavsson, who has worked on medical devices for hair removal. Skarp Technologies says its razor is powered by a small laser, which cuts through hair for a shave which is closer than using a …
Simon Rockman, 29 Sep 2015

Lawyer flings class action sueball at EMC over Dell merger

A hopeful New York law firm has filed an amended class action complaint on behalf of EMC stockholders, asserting the Dell-EMC merger prospectus “contains materially false and misleading statements and omissions of material fact.” The GrantLawFirm, a solo practice by Lynda J. Grant, says it filed the complaint on behalf of all …
Chris Mellor, 03 Feb 2016
Apple's invite to a September 15 event in San Francisco

iPhone 5 to boost US GDP says JP Morgan

The imminent release of the iPhone 5 could add 0.33% to growth of the USA's gross domestic product, according to JPMorgan Chase Bank's Michael Feroli. In a note titled “Can one little phone impact GDP?" Feroli concludes that yes, it can, because: “Our equity analysts believe around 8 million iPhone 5's will be sold in the US …
Simon Sharwood, 12 Sep 2012

Flash array biz Tegile swings axe on staff

Exclusive Today we learned hybrid and all-flash array supplier Tegile has sacked half its staff in the UK, and all its staff in the Netherlands. It had only just recently opened its Dutch office. Rob Commins, Tegile’s veep for marketing, told El Reg: “First and foremost, we had an excellent fiscal 2016 that we just wrapped up on January …
Chris Mellor, 04 Feb 2016
The Register breaking news

Morgan Stanley hit by same attackers that breached Google

Morgan Stanley was hit by a “very sensitive” breach to its network by the same attackers who penetrated computer systems maintained by Google and dozens of other companies, according to leaked emails reviewed by Bloomberg News. The emails came from California-based HBGary, which suffered a major compromise of its own at the …
Dan Goodin, 01 Mar 2011
Google logo

Google dangles $70m before new CFO to lure her from Wall Street

It took a $70m golden hello to entice Ruth Porat – Google's new chief financial officer – away from her role at Morgan Stanley. According to a filing with the US Securities and Exchange Commission, the material terms of Ruth Porat's offer letter included not only an annual base salary of $650,000, but also a set of three …
Risky Business

HPE chases risky business with Autonomy and Stonebraker tech

Hewlett Packard Enterprise is rolling out a hosted investigative analytics service in response to a report that regulators imposed $260bn in fines on firms in the wake of the 2007-08 financial crisis. HPE Investigative Analytics is an umbrella product formed from a stable of products either bought or built by HPE. They …
John Fowler

Oracle hardwires encryption and SQL hastening algorithms into Sparc M7 silicon

OpenWorld Oracle execs used the final keynote of this week's OpenWorld to praise their Sparc M7 processor's ability to accelerate encryption and some SQL queries in hardware. On Wednesday, John Fowler, veep of systems at Oracle, said the M7 microprocessor and its builtin coprocessors that speed up crypto algorithms and database requests …
Iain Thomson, 29 Oct 2015
Microsoft Azure instances

Microsoft pitches Azure at HPC, visualisation loads

Microsoft is lobbing a bunch of GPUs into its Azure cloud to try and attract HPC-type workloads. The GPU-enabled VM option was one of two additions to the Azure lineup at its AzureCon conference – the other is Azure DV2, based on Intel's Haswell processor. The GPU option, Azure N, targets remote visualisation and “compute …
School of Rock

IT knowledge is as important as Maths, says UK.gov

Digital literacy must become a core subject in schools – just like maths – in order to mitigate the effects of mass job automation, a House of Lords report has warned. The Digital Skills Committee said the "UK is at a tipping point" in addressing its "significant digital skills shortage". It said this was particularly important …
Kat Hall, 18 Feb 2015

Apple CEO visits EU regulator to discuss tax bill

Apple chief executive Tim Cook met European competition commissioner Margrethe Vestager in Brussels last week, apparently to discuss the European Commission's investigation into the company's tax affairs. The Commission confirmed that a meeting had taken place but said it could give no further details. The Commission is …
OUT-LAW.COM, 25 Jan 2016
Fitbit

Strapping strap-on chaps strap in to tap that vat of greenbacks

Health-monitoring wearables maker Fitbit has set the price for its initial public offering (IPO) at US$20 per share. Fitbit said that, on Thursday, it will put 36,575,000 shares of class-A stock on the market with that twenty buck starting price. That would add up to approximately US$731.5m (£461m) in total sales, though that …
Shaun Nichols, 18 Jun 2015

Report links alleged US, Israeli cybercrims with JPMorgan MEGAHACK

Federal authorities in America have charged five men who are being indirectly connected with the attack and data breach at JPMorgan Chase last summer, after the global bank, with total assets of $2.6tn, lost the contact data for millions of customers. The attack now appears to have been sourcing targets for a fraudulent …
fail_parking_meter_648

Aurous shutters for good, will pay $3m damages

Pirate music wannabe Aurous has shut down, barely three months after first surfacing. Billed in Vice as “BitTorrent Music for your Dad”, and described as a “Popcorn Time for music”, the outfit, whose sole proprietor was Andrew Sampson, has agreed to pay damages of $3m. The case is notable for the speed with which the operation …
Andrew Orlowski, 10 Dec 2015
channel

Morgan Computers shuts its doors, sells website

Morgan Computers - one of Britain's longest surviving independent retail PC dealers - has sold its online business to a Jersey-based businessman, but questions remain over its retail arm. Morgan's owner Robert Nicklin was unwilling to comment to The Register on Friday, but the firm's flagship store on Oxford Street remained …
John Oates, 09 Nov 2009
For Sale sign detail

Lanci's Lenovo move 'negative' for Acer – Morgan Stanley

Lenovo's appointment of PC industry big hitter Gianfranco Lanci will heap further pressure on his former employer Acer, according to Morgan Stanley. Lanci – who left the Taiwanese notebook giant Acer in March after a board-level disagreement over strategic direction – moved to Lenovo to consult on its consumer biz at the end of …
Paul Kunert, 19 Sep 2011
Stacks of bitcoin CC2.0 attribution by FD Comite https://www.flickr.com/photos/fdecomite/

The 'vampire squid' wants a bankers' blockchain

Whether Bitcoin is an existential threat to the world of currency and banking probably depends on the style of tinfoil hat you wear, but the “Vampire Squid” - Rolling Stone's name for investment merchant bank Goldman Sachs - isn't taking any chances. Goldman and several of the most moneyed moguls the world has to offer the …
management regulation1

Businessman takes Google to High Court to block online abuse from search results

The case of former Morgan Stanley banker Daniel Hegglin, who is attempting to compel Google to block anonymous abusive posts against him, opened in the High Court today. The defamatory postings amount to a campaign of anonymous abuse against Hegglin, and include allegations that he is "a murderer, a Nazi, a Ku Klux Klan …
Kat Hall, 24 Nov 2014

FireEye intern VXer pleads guilty for Darkode droid RAT ruse

A former FireEye intern has pleaded guilty to creating and selling the Dendroid malware on the raided Darkode criminal forum. Morgan Culbertson, 20, of Pittsburgh, pleaded guilty before a Pittsburgh federal judge and faces sentencing 2 December. He faces a maximum of 10 years prison and a $250,000 fine, and has no prior …
Darren Pauli, 27 Aug 2015
Miss Piggy sings opera

Opera Software asks fat lady to stay shtum for a bit, but keep humming

Opera Software, maker of the Opera browser, has “has initiated a process to evaluate and consider strategic alternatives for the Company”. Opera's browser is very well-regarded, but last week the company announced preliminary second quarter will be at the lower end of forecasts and also reduced its future revenue forecasts. …
Simon Sharwood, 10 Aug 2015
tumbling dice

Pure Storage preps for IPO: report

Pure Storage has appointed Morgan Stanley, Goldman Sachs and Barclays Plc to ready it for an initial public offering (IPO), says Reuters. Citing people familiar with the financial footling as its source, the newswire says the company thinks the markets will toss over US$3bn in its direction some time later this year. Pure …
Simon Sharwood, 07 Apr 2015

Spirit of Steve Fosset lives on as glider is poised to soar to 90,000ft

The Perlan 2 unpowered glider is on course to soar to a record-breaking 90,000ft (27,400m) next year, following a successful first test flight last week at a more modest 5,000ft (1,500m). With pilots Jim Payne and Morgan Sandercock of The Perlan Project at the controls, the aircraft lifted off from Redmond Municipal Airport in …
Lester Haines, 29 Sep 2015
Windows 10

Windows 10 now on 75 million devices, says Microsoft

Microsoft's corporate veep Yusuf Mehdi reports that Windows 10 is now on 75 million devices, following its general availability four weeks ago. This suggests that Windows 10 is being installed faster than any previous version. Exact figures are hard to come by, but Microsoft took around four months to sell 90 million Windows 7 …
Tim Anderson, 26 Aug 2015
channel

Morgan Chase blames Oracle for online bank crash

JP Morgan Chase online banking services crashed in New York last week, and the outage has been laid at Oracle's door. The bank's online services were unavailable for Monday night and Tuesday, with service restored very early on Wednesday. The crash prevented the bank's 16.5 million online customers carrying out online banking …
Chris Mellor, 20 Sep 2010

Power10 ... 2020 ... 10nm – suddenly IBM snaps awake, scribbles notes

IBM is dreaming of rolling out Power10 chips using a 10nm process size from 2020, it has emerged. This is rather telling: this means that even though Big Blue has boasted that it has cracked the 7nm barrier, we're not likely to see any IBM chips using that process size until 2023 at the earliest. Back to the Power10 …
Chris Williams, 11 Aug 2015
Rat

Insult to injury: Researcher remote pwns RAT of cuffed FireEye VXer

Derbycon: PhishMe researcher Paul Burbage has added insult to injury for a former FireEye intern cum arrested VXer by showcasing how to thoroughly pwn his remote access trojan. The Dendroid RAT sold for $300 on defunct hacker forum Darkode, which was scuppered in international federal police raids in which author Morgan …
Darren Pauli, 28 Sep 2015

If you can explain what 'an API management platform' is, you too can be worth $700m

Cloud software company Apigee has filed IPO documents and plans to raise $86m on a total valuation of $700m. The San Jose-based company touts "an API management and predictive analytics platform," whatever that is, and boasts clients including eBay, Adobe, AT&T, Citrix and the BBC. Competitors include giants IBM and Oracle. The …
Kieren McCarthy, 20 Mar 2015
X+Y movie

X+Y shows teens are teens, regardless of where they are 'on the spectrum'

Film Review X+Y plays a familiar tune on our heartstrings, echoing movies like Little Man Tate, Rain Man and Beautiful Mind in its portrayal of Nathan Ellis, a mathematical prodigy with mild autism struggling to navigate his way through social relationships. Despite an early diagnosis of being “on the spectrum”, Nathan has a close emotional …

Dyre times ahead: Zeus-style trojan slurps your banking login creds

UK users of Barclays, Royal Bank of Scotland, HSBC, Lloyds Bank and Santander are being targeted by cybercrooks slinging the Dyre banking trojan. Around 19,000 malicious emails have been sent in three days from spam servers worldwide, inviting users to download an archive containing a malicious .exe file posing as personal …
John Leyden, 08 Jul 2015

Factory settings FAIL: Data easily recovered from eBayed smartphones, disks

Data recovery experts have found a raft personal information from used hard drives and mobile phones purchased from Amazon, eBay and Gazelle in the UK, US and Germany. The research, by Blancco Technology Group and Kroll Ontrack, once again shows that failure to erase data from discarded devices continues to be a problem, …
John Leyden, 07 Oct 2015

Tech giants gang up on Obama over encryption key demands

A pair of technology industry pressure groups have sent a letter to President Obama asking his administration to back off demands that companies give government agencies the ability to decrypt all user data. In the letter [PDF], the Information Technology Industry Council (ITIC) and the Software and Information Industry …
Shaun Nichols, 10 Jun 2015
The Ethernet Alliance's data centre roadmap

Ethernet Alliance plots 1.6 terabit-per-second future

Think 100 Gbps Ethernet is The Coming Thing? You ain't seen nothing yet: one of the venerable standard's custodians wants it going a hundred times faster by the end of another decade. No, this isn't El Reg April Foolery: that's what the Ethernet Alliance's 2015 roadmap expects to be able to deliver. Of course, the screaming …
Countach, Gullwing, F40, Miura, 959, 911RS, Zonda, E-Type

Ferraris, Zondas and ... er, a bike with a 500hp V10 under the saddle

Vulture at the Wheel There is a joke which runs along the lines of "Sainsburys exists to keep the riff-raff out of Waitrose". In car events, the amazing, upmarket Goodwood festival of Speed is Sainsburys... and Salon Privé is Waitrose. And it isn't just the rival events which filter out those who might sully the place. It's the ticket prices, …
Simon Rockman, 06 Sep 2014
Prison

Is Alphabet-Google 'too big to jail'? The Lords find out

Europe's examination of Big Tech's dominant platforms – like Alphabet-Google and Amazon – is only just beginning, but Parliament got a teaser of the battles ahead this week, as two antitrust professors sharply disagreed on the merits of the enquiry. Professors David Evans, of UCL, and Ariel Ezrachi, of Oxford University, at …
Andrew Orlowski, 28 Oct 2015

Kiwis unplug supercomputer after intrusion

New Zealand's National Institute of Water and Atmospheric Research (NIWA) has deployed perhaps the ultimate security device - an RJ 45 plug's locking tab - to protect its 34 Tflops FitzRoy supercomputer after its security was breached. The locking tab was employed after the $NZ12.7 million machine, installed in 2011, was …

OpenStack kingpin Rackspace hires bankers to help it mull 'inbound strategic proposals'

Updated Rackspace has retained Morgan Stanley to help it evaluate "inbound strategic proposals". In other words, a partnership or acquisition is something that may lie in Rackspace's future, according to Bloomberg, which broke the news on Thursday. "Our board decided to hire Morgan Stanley to evaluate the inbound strategic proposals, …
Jack Clark, 15 May 2014
Dark Souls II knighty knight

Chipzilla spawns 60-core, six-teraflop Xeon Phi MONSTER CHIP

Intel has set some rumours to rest, giving a media and analyst briefing outlining details of its coming 60-plus core Knights Landing Xeon Phi chip. Opening the bag to let the cat see a little bit of light, Intel has told journalists at a briefing at its Hillsboro, Oregon fab that the “honking big die” for the Knights Landing Phi …

Intel's latest Haswell Xeon E7 v3 CPUs land in Apollo and ProLiant

HP wants to stick its elbows back into the hyperscale market, announcing a bunch of upcoming servers using the latest Intel silicon. The company is marching in time with Chipzilla's rollout of the Haswell-EX Xeon E7 v3 processors for machines with more than four sockets. The processors are getting rolled into a family of scale- …
Team Register, 06 May 2015

AMD's 64-bit ARM server chip Seattle finally flies the coop ... but where will it call home?

AMD is at last officially shipping its 64-bit ARM-based server chip, the Opteron A1100 aka Seattle. This wee beastie packs a load of networking and storage interfaces, and is seemingly eyeing up hyper-converged boxes in data centers. We've gone into plenty of detail on the processor in the past, but to recap: it's a quad or …
Chris Williams, 14 Jan 2016
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Morgan Computers: Your memories

Last week's coverage of the shuttering of Morgan Computers, the mini-chain of cheap computer dealers, sparked memories of first computers and other odd bits of kits from you lot. Bertie Bassett remembered: In the days before ebay Morgan was the place to get end of line kit and much much reduced prices - I've visited both their …
John Oates, 13 Nov 2009