Articles about Morgan

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
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 …
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
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
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
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
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, which …
Simon Rockman, 06 Sep 2014
Photo From <a target="_blank" href="http://www.shutterstock.com/pic-232507384/stock-photo-christmas-holiday-happy-girl-friends-looking-at-something-on-digital-touch-screen-tablet-pc.html?src=9mJhlJ8bDz_0JV9eZNUpyQ-1-34">Shutterstock</a>

UK retailers in TABLET PRICE SLASH BONANZA

Bad news for the big man in red - if Santa left a tablet under your tree he probably paid too much, as a massive glut of fondlesome devices has seen prices tumbling. You can buy tablets for under £30, but for just over that (including shipping) you can get a 7” Quad Core device, and Amazon is now chock-a-block with cheap tablets …
Simon Rockman, 30 Dec 2014
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

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
Terminators

Hawking and friends: Artificial Intelligence 'must do what we want it to do'

Rise of the Machines More than 150 scientists, academics and entrepreneurs - including Stephen Hawking, Elon Musk and Nobel prize-winning physicist Frank Wilczek - have added their names to an open letter calling for greater caution in the use of artificial intelligence. The letter was penned by the Future of Life Institute, a volunteer-run …
Kat Hall, 12 Jan 2015
JP Morgan HQ at Canary Wharf

JPMorgan Chase mega-hack was a simple two-factor auth fail

Hackers broke into JPMorgan's network through a giant security hole left open by a failure to switch on two-factor authentication on an overlooked server. The New York Times reports that technicians at JPM had failed to upgrade one of its network servers, meaning that access was possible without knowing a combination of a …
John Leyden, 23 Dec 2014
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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
Tesla's Elon Musk

Nevada to host Tesla gigafactory: reports

The Nevada governor's office has tipped US broadcaster CNBC that the state is ready to announce Reno as the site for the planned Tesla battery factory. The company has been coy about revealing the location, presumably while it chooses between different government incentive packages for the facility, which will be built in …

Androids in celluloid – which machine deserves the ULTIMATE MOVIE ROBOT title?

Poll Vulture Weekend brings you this poll, after Reg reader Cassie got in touch to tell us about a really neat timeline depicting the evolution of robots in film. We couldn't help but wonder what other Reg readers would think about the robots that made it onto the list, as well as the ones that didn't make the cut. Naturally, this …
Kelly Fiveash, 23 Nov 2014
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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
Nigel Farage, leader of UKIP. Pic: Jennifer Jane Mills

It's LUNACY, you SWINE! Er, what, security? Moonpig DOT GONE

Quotw This was the week when London-based tacky, personalised card biz Moonpig exposed three million customers' personal records and partial credit card details for almost 18 months, after the security flaw in its system had been reported. The mega cockup was first spotted by developer Paul Price, who quietly flagged up the glitch to …
Kelly Fiveash, 10 Jan 2015
TwitterIPO

Twitter sets up BEELLION-DOLLAR credit line ahead of IPO

Twitter has set up a billion-dollar loan ahead of its initial public offering from a group of big banks. The microblogging site has set up a revolving credit facility from Goldman Sachs, Morgan Stanley, JP Morgan, Bank of America Merrill Lynch and Deutsche Bank, as well as others, sources whispered to Reuters. All five banks are …
cloud

Red Hat unveils cloudy software bazaar

Red Hat has created a "software marketplace" to help it cut the steps it takes for admins to layer third-party applications on top of its OpenShift platform-as-a-service. The marketplace was announced by Red Hat on Monday as the Linux company kicked off its annual Red Hat Summit in San Francisco. The cloudy marketplace will …
Jack Clark, 14 Apr 2014
GoDaddy

GoDaddy to try to GoPublic – again – with $100 million IPO

US-based internet domain registrar GoDaddy is planning to file an initial public offering (IPO) through which it hopes to raise as much as $100m. The company on Monday filed documents with the US Securities and Exchange Commission (SEC) indicating that it plans to open its shares to the public later this year. Morgan Stanley, JP …
Shaun Nichols, 10 Jun 2014
US Military hacking team

Spyware-for-cops Hacking Team faces off against privacy critics

Controversial spyware-for-cops outfit Hacking Team has defended its snooping and come out on the offensive against security research critics. Last week Glenn Greenwald’s The Intercept published what it asserted were secret manuals illustrating how Hacking Team sold its spyware sold to authoritarian regimes around the world. The …
John Leyden, 07 Nov 2014
CSR10X0 Starter Development Kit

Brit chip biz CSR rebuffs US takeover bid from Microchip Technologies

Fabless Bluetooth chip firm CSR, the second biggest chip design company in Cambridge, has rebuffed a takeover bid by customer and partner Microchip Technology. The failed bid has trigged another round of CSR thinking about putting itself up for sale, and given its history of a roller-coaster share price, now might be a very good …
Simon Rockman, 29 Aug 2014
Joe Tucci EMC

EMC, HP blockbuster 'merger' shocker comes a cropper

+Comment EMC has been holding secret merger talks with HP that have since stalled, according to industry sources. The negotiations are said to have lasted almost 12 months, during which Dell executives mulled buying parts of EMC. But at the heart of the discussion was a proposed $132bn merger of the storage giant and HP, according to …
Chris Mellor, 22 Sep 2014
Russia

Russia-based hackers prime suspects in JPMorgan mega-breach

The FBI has begun investigating a suspected hacking attack against JPMorgan Chase and another unnamed bank that resulted in the leak of gigabytes of sensitive data. The Feds are working on the theory that Russian hackers hit US banks in retaliation for US sanctions imposed as a result of the ongoing conflict in the Ukraine, …
John Leyden, 28 Aug 2014
No Sale

NO SALE! Rackspace snubs all buyout offers, appoints new CEO

Rackspace says it has given up on plans to either sell itself or merge with another company, and to prove it the cloud hosting provider has named a new CEO to lead its next phase of independent operation. Rackspace had been considering "inbound strategic proposals" – meaning buyout offers – since May, when it brought in …
Neil McAllister, 17 Sep 2014
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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

Gov cheerleader Sajid Javid gets nod from PM to park in Miller's spot

Prime Minister David Cameron has hastily replaced shamed Culture Secretary of State Maria Miller with Tory MP Sajid Javid - a man who, according to his Parliamentary voting record, rarely rebelled against the coalition government. He now takes on the post left vacant by Miller's inglorious exit. Miller resigned this morning …
Kelly Fiveash, 09 Apr 2014
The die of Oracle's SPARC M7 CPU

Oracle reveals 32-core, 10 BEEELLION-transistor SPARC M7

Oracle has revealed details of its next-generation SPARC CPU, the M7. As John Fowler, Oracle's executive veep of systems predicted when chatting to The Reg last month, the company took the wraps off the M7 at last week's Hot Chips CPU-fest and filled it with goodies to make Oracle software go faster. Under the hood of the CPU, …
Simon Sharwood, 18 Aug 2014

US Supremes UPHOLD troll-busting Alice v CLS Bank decision

The US Supreme Court has once again unanimously decided against a dubious patent-infringement claim, and won the praise of patent-reform advocates. The court on Thursday upheld a Federal Circuit Court decision to strike down infringement claims by Alice Corp. in its case against CLS Bank. The ruling denies claims on patents …
Shaun Nichols, 19 Jun 2014
Apple HQ 2, credit Cupertino Council

Piece of Apple close to smashing CRAZY 2012 share price record

Apple stock has soared to a high unmatched since the glory days of 2012, with analysts predicting its price could continue to skyrocket and reach record levels. The price of a fruity share is now sitting at $96.45. When you adjust that to take into account the recent one-to-seven stock split, that's not far off from the record …
Jasper Hamill, 15 Jul 2014
Spying image

Securobods claim Middle East govts' fingerprints all over malware flung at journos

Researchers at Toronto-based Citizen Lab have shot down denials by Syria, Bahrain and the United Arab Emirates regarding attacks against activists, journalists and dissidents, labelling some of the assaults as incompetent. The team gathered tens of thousands of documents and files detailing the malware and social engineering …
Darren Pauli, 31 Jul 2014

JP Morgan's iPhone Nano report is rubbish

Yesterday's report from JP Morgan that Apple is building some sort of slimline iPhone? It's been discredited. By JP Morgan. On Monday, Reuters leaked news of a JP Morgan report that trumpeted the imminent arrival of a smaller, cheaper version of Apple's new-age smarphone. Kevin Chang, a JP Morgan analyst based in Taiwan, …
Cade Metz, 11 Jul 2007
The Register breaking news

Morgan Stanley gets spectrum grab bag gig

Ofcom, the UK regulator, has appointed the investment bank Morgan Stanley to promote international interest in the digital dividend, ahead of the auction planned for 18 months' time. The bank won the contract on the grounds of their contacts at telecoms companies in the US and Asia, who might be encouraged to snap up a chunk of …
Bill Ray, 12 Sep 2008
Houses of Parliament in night-time

Universal Discredit: Gov admits Treasury HASN'T signed off biz case

Iain Duncan Smith's Department for Work and Pensions scrambled to dismiss comments made by the government's head of the civil service late on Monday, after Sir Bob Kerslake told MPs that the Treasury had yet to make the business case for the widely derided Universal Credit programme. The chair of the Public Accounts Committee, …
Kelly Fiveash, 08 Jul 2014

Google researcher says government hack attacks on journos on the rise

Most major news organisations are now the targets of state-sponsored attacks on their security, according to Google security researcher Shane Huntley. According to Reuters, Huntley told the Singapore Black Hat conference on March 28 that his research, conducted in partnership with Citizen Labs' Morgan Marquis-Boire, revealed …
The Register breaking news

Twitter snaps up ex-banker IPO expert - CAN'T THINK WHY

Twitter has hired an ex-banker with experience in initial public offerings, mergers and acquisitions to head up its corporate development team, sparking rumours of an upcoming market debut. The microblogging site is one of the next tech firm public offerings for investors to get overly excited about. Which they probably will, …
The Register breaking news

Morgan Stanley in billing boo-boo

Thousands of Morgan Stanley credit card customers were shocked this week to find the bank had multipled their debt by a factor of 100. Register reader Gordon Sinclair discovered the decimal point in his numbers had been shifted two places by an IT blunder. Instead of £149.49, Morgan Stanley demanded payment on a debt of £14,349 …

Feds charge three in brain-ache $15m Pentagon payroll pillage plot

Three men have been indicted in the US for trying to steal at least $15m by hacking into the Department of Defence's payroll service and customer accounts at 14 different financial institutions. The US Attorney's office in New Jersey has charged two men from Kiev in Ukraine, Oleksiy Sharapka and Leonid Yanovitsky, and a third …
The Register breaking news

Widow lost savings in Facebook stock, sues all concerned for $1.9m

Global financial services firm Morgan Stanley is trying to get its name removed from the securities case of a New Jersey widow who lost her life savings in the Facebook IPOcalypse. Uma Swaminathan filed an arbitration complaint with the Financial Industry Regulatory Authority (FINRA) looking for $1.9m compensation for the …

Bechtolsheim's baby Arista Networks heads toward IPO

Networking startup Arista Networks is filing for an IPO as the scrappy biz tries to wrestle share away from incumbents like Cisco and Juniper. The profitable upstart filed its S-1 form with the US Securities and Exchange Commission on Monday. Arista Networks' chairman is Andy Bechtolsheim, the co-founder of Sun Microsystems. …
Jack Clark, 31 Mar 2014
The Register breaking news

Cultivated dope-smoking Welshman barred from own shed

A dope-smoking Welshman has been banned from entering the "potting shed" he used to grow cannabis, as he awaits sentencing on charges of cultivating marijuana and "possessing it with intent to supply". Simon Redclift, 53, was hauled before the beak following a police raid on his home in Dinas Powys, near Cardiff, the Daily Mail …
Lester Haines, 21 Jun 2013
Racks inside Rackspace's Sydney Data Centre

Rackspace: Record revenue shows managed cloud strategy 'working'

Despite record revenue growth in the second quarter and good expectations for this quarter, profit at Rackspace Inc was flat, disappointing shareholders. The former hosting firm said it had added thousands of new customers as it tries to transition itself into a cloud company in the midst of serious price competition from the …
management cloud2

CIOs bombarded with hybrid cloud surveys

Two surveys published in recent days that major on CIOs and their attitude to hybrid cloud show the scramble among IT vendors to win enterprise hearts and minds. A survey of 52 US CIOs conducted for SAP reveals strong support for the notion that hybrid cloud – combining cloud and on-premise applications – reduce complexity and …
Drew Cullen, 16 Jul 2013

Actor who played Rogue Two in Star Wars dies aged 67

Obit Christopher Malcolm, the actor who played Rebel space pilot Zev Senesca - callsign Rogue Two - in The Empire Strikes Back, and also portrayed Rocky Horror Show character Brad Majors and Saffy's gay dad in various episodes of Brit telly hit Absolutely Fabulous, has died aged 67. Rogue Two in the skies above Hoth. His daughter …
Lewis Page, 19 Feb 2014

'Fangless' activist investor chomps up chunk of Rackspace

A so-called "fangless" activist investor has increased its grip on OpenStack cloud cheerleader Rackspace, with a view to a possible sale. Blue Harbour Group has revealed it now holds a 6.4 per cent stake in the aspiring cloud provider, or 9.1 million shares. The company is reported to have started gobbling up Rackspace shares …
Gavin Clarke, 19 Aug 2014
BEAGLE 2 probe on Mars. Pic: University of Leicester

'Our AI systems must do what we want them to do'

QuoTW This week the remains of Blighty's missing Beagle 2 spacecraft, which has been out of sight for more than 11 years, was finally spotted on Mars. Despite the ex-probe having failed to deploy on the Red Planet as intended, Brit boffins hailed the mission a "great success." Being the first European space vehicle to perform a …
Kat Hall, 18 Jan 2015