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Articles about Prospects

Report: NSA spying deals billion dollar knockout to US cloud prospects

Sustained violations of civil liberties at home and abroad? Yawn. The manifestation of Orwell's nightmares? Snooze. The potential loss of scads and scads of money? Egad, we should really do something about this! That's the gist of a report published on Monday assessing the likely commercial fallout for the US cloud computing …
Jack Clark, 06 Aug 2013
lifebelt

Overland Storage in fiendish reverse stock split share value ploy

Overland Storage, the troubled tape and low-end scale-out disk array storage vendor, is wanting to do a reverse stock split to get its share price up above the Nasdaq exit level. This is revealed in an SEC Form-8K filing by Overland. It states: "On April 3, 2014, the Board of Directors of the Company approved a one-for-five (1- …
Chris Mellor, 04 Apr 2014
Computacenter

Are things looking up in biz? Rosier prospects for Computacenter

Computacenter's UK ops have begun to shine again, driven by IT services wins, following something of a stagger in the opening three months of the year. In a trading update, CC said group sales were up eight per cent in constant currency for H1, the six months ended 30 June, with services and products revenues up 15 per cent and …
Paul Kunert, 17 Jul 2012
Farmville on the iPhone

Zynga dodges IPO lawsuit thanks to lack of 'basic factual details'

Zynga has seen off a lawsuit that accused the gaming firm of misleading investors about its financial and business prospects ahead of its initial public offering back in 2011. Shareholders who launched the suit had alleged that Zynga had "engaged in a deliberate scheme to mislead investors by portraying the online gaming company …
New EMC VNX range

Daddy EMC pushes past VMware, muscles into Microsoft Hyper-V shops

EMC has joined a Microsoft Cloud OS Accelerate programme and is going solo into the Windows cloud market – without subsidiary sidekick VMware. The Cloud OS Accelerate initiative has VSPEX configs set up for Windows Server 2012 R2 with Hyper-V virtualisation using an EMC storage platform. An EMC Proven Solution (PDF) features …
Chris Mellor, 21 Feb 2014
Dropbox IOS

VCs drop cash on DropBox, bestow $10 BEELLLION valuation

Ten billion greenbacks. That’s what venture capital firms (and Dropbox’s board and execs) think the file sync'n'share pioneer is worth. Dropbox started offering its sync'n'share services to consumers using a freemium business model, and has latterly moved into offering business syncing and sharing services. It’s competing with …
Chris Mellor, 20 Jan 2014
Monty Python Norwegian Blue dead parrot sketch

Twitter shares tank as blabbergasm implodes in full glare of unforgiving investors

Twitter shares fell sharply on Wall Street today, wiping out about a quarter of the value of the micro-blogging site within minutes of trading opening in New York. The precipitous fall came after the company reported disappointing results in its first quarterly finance call since taking Twitter public last year. It's been a …
Kelly Fiveash, 06 Feb 2014

Inmarsat: Doppler effect helped 'locate' MH370

As air and sea searches continue to try and identify and retrieve wreckage from Malaysia Airlines MH370's presumed crash site in the southern Indian Ocean, Inmarsat has briefed Reuters on how it estimated the path the flight took. Since relatively early in the search for the flight, reference has been made to the seven “pings” …

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
Julian Assange, photo by Espen Moe

Assange not running in new Australian election

Julian Assange will not, as previously indicated, run for Australia Senate again. The part-time Ecuadorian ran as a candidate for The Wikileaks Party at Australia's general election last year, hoping to win a Senate seat in the State of Victoria. Doing so probably would not have allowed him safe passage from Ecuador’s London …
Simon Sharwood, 31 Mar 2014

Murdoch dumps Microsoft, prepares to Hangout with Google

Rupert Murdoch is fond of berating Google, last year emitting the Tweet below and previously accusing it of stealing his precious content. "Please expose Eric Schmidt, Google " etc. Just wait! — Rupert Murdoch (@rupertmurdoch) October 13, 2013 What, then, are we to make of this report titled “News Corp dumps Microsoft for …
Simon Sharwood, 04 Mar 2014

Intel sees 'signs of improvement in the PC business' but earnings remain 'Meh...'

Intel has posted its financial results for its first quarter of fiscal 2014 that were either marginally lower or higher than analysts' estimates, depending upon which analysts you trust. Chipzilla reported revenues of $12.8bn for the quarter, with net income of $1.9bn and the all-important earnings per share (EPS) coming in at $ …
Rik Myslewski, 15 Apr 2014
closed_sign shut down under collapsed liquidation

Ad-funded mobile carrier goes titsup

OVIVO, a mobile virtual network operator that did not charge for calls, SMS or data, has suddenly closed its doors. The carrier has pulled down almost all of its site, save for a home page stating “We are very sad to announce that for reasons beyond our control, OVIVO Mobile is closing down on the evening of Wednesday 19th March …
Simon Sharwood, 20 Mar 2014
The Register breaking news

Job prospects still tough, but glimmers of hope in UK

Worldwide job prospects are showing some signs of improvement, or at least they are getting worse more slowly, while in the UK there are signs of improved prospects in financial and business services. Starting with the UK, a survey of 2,100 businesses found a net employment outlook of -2 per cent, compared to -6 per cent in the …
John Oates, 08 Sep 2009
DavidAttenborough

David Attenborough warns that humans have stopped evolving

Britain's most popular naturalist has warned in an interview that humans have become the first species to effectively halt the influence of natural selection. He also says, however, that it's not the end of the world, thanks to modern technology. "I think that we've stopped evolving. Because if natural selection, as proposed by …
Iain Thomson, 10 Sep 2013

They ACCUSED him of inventing Bitcoin. Now, Nakamoto hires lawyer to CLEAR his name

The man who Newsweek named as the inventor of Bitcoin has hired a lawyer in a bid to clear his name. Dorian Satoshi Nakamoto of Temple City, California, has released a statement in which he claimed to be so skint that he couldn't even afford an internet connection. He "unconditionally" denied the Newsweek report. Seeing as the …
Jasper Hamill, 17 Mar 2014
Kim Dotcom

Big Content goes after Kim Dotcom

Kim Dotcom is getting all outraged again and banging the freedom-of-something gong with his usual enthusiasm after six Hollywood studios slung a sueball his way. In a court filing you can see in PDF form here, twentieth Century Fox, Disney, Paramount Pictures, Universal Studios, Columbia Pictures and Warner Bros all take issue …
Simon Sharwood, 08 Apr 2014
The Register breaking news

Infosec job prospects recover after credit-crunch slide

The information security recruitment market is beginning to recover, after problems with the wider economy pushed job prospects and salaries down to a record low last summer, according to a new UK-focused salary survey. Information Security was hit by the recession worse than other areas of corporate governance, internal audit, …
John Leyden, 22 Feb 2010
Parasitic wasp attacks aphid

Passenger jet grounded by two-hour insect attack

Wasps have been found to be the reason an Airbus A330 aborted a takeoff attempt and then made an emergency landing. The incident took place in the Australian city of Brisbane in November 2013. The Airbus arrived from Singapore without incident. An attempt to take off on the return leg was aborted after instruments reported it …
Simon Sharwood, 28 Feb 2014
WD Caviar Green 2TB

Growing revenues, profits on the up: WD sails on serenely

WD’s latest quarter shows untroubled growth as the disk drive business sails serenely on, untroubled by any flash storm. For its second fiscal 2014 quarter, ended Dec 27, 2013, revenues were a clean $4bn, nicely up from the first quarter’s $3.8bn and the year-ago quarter’s $3.8bn. Net income was $430m, lower than the previous …
Chris Mellor, 23 Jan 2014
Vaughn Stewart of Pure Storage

Speaking in Tech: 'Pure Storage is defined by... Vaughn Stewart's hairdo'

speaking_in_tech Greg Knieriemen podcast enterprise Hosted by Greg Knieriemen, Ed Saipetch and Sarah Vela. This week, Eddie is wining and dining while Sarah and Greg hold court with Mark Twomey of EMC, better known as StorageZilla. Mark Twomey's dulcet Irish tones brighten your Wednesday as the team shoot the breeze about …
Team Register, 30 Oct 2013
The new Dell SC4020 array

Dell pivots to Asia with frugal flasher

Dell has revealed a new array – the SC4020 – and an aggressive plan to go after pure-play flash array vendors with a promise it will sell for under $US100,000. The SC4020 is, according to Dell storage supremo Alan Atkinson, a shrunken Compellent array. That's shrunken in a good way: everything Compellent arrays and Dell's Fluid …
Simon Sharwood, 18 Mar 2014
LanhamNapier

Rackspace shares pummelled by CEO retirement shock

Hosting provider Rackspace delivered good results on Monday along with the shock news that its chief executive Lanham Napier would be stepping down. The Texan hoster-turned-cloud-seller reported a solid set of results for its fourth quarter of 2013 with net revenue of $408m, up 16 per cent from the fourth quarter of 2012 and …
Jack Clark, 10 Feb 2014

Guess what happened when T-Mobile US's boss trolled AT&T's CES party

T-Mobile US chief executive John Legere posed for photos during a surprise appearance at rival AT&T's CES party – and was then reportedly thrown out by security. Cheeky Legere was snapped swanning around the soiree in his usual bright pink shirt that has his company's logo emblazoned on it. AT&T staff then spotted tech journo …
Shaun Nichols, 08 Jan 2014
credit card-sized buddi attached to belt loop of denim jeans

Hey, MoJ, we're not your Buddi: Brit firm abandons 'frustrating' crim-tagging contract

Talks between the UK Ministry of Justice and British firm Buddi for a new system to electronically tag criminals have broken down after Buddi's founder claimed the MoJ wanted a system that was a "figment of their imagination". Sara Murray, who is a member of business secretary Vince Cable's "entrepreneurs' panel", said in a …

Boffins working on debris float models to track MH370 wreckage

Scientists from Australia's Commonwealth Scientific and Industrial Research Organisation (CSIRO) have lent their talents to the search for missing airliner MH370, by developing models to predict where wreckage may have drifted. Objects held to be “credible” candidates for pieces of the plane were spotted by satellite on March …
Simon Sharwood, 23 Mar 2014
Photographic plate image of the colliding galaxies NGC 6769, 6770, and 6771.

IBM opens 'JumpGate' code to help devs navigate among clouds

IBM has developed a tool to tackle fragmentation in the cloud management ecosystem, and hopes its approach will encourage more providers to support OpenStack-based applications without having to run OpenStack. The "JumpGate" technology was announced by SoftLayer engineer Nathan Beittenmiller in a blog post on Thursday, and sees …
Jack Clark, 07 Feb 2014

EMC tries to snuff out SolidFire before tomorrow's XtremIO-gasm

EMC has readied some XtremIO competitive knock-offs to help the Hopkinton storage giant's reps and channel partners dislodge rival SolidFire from their prospects’ minds. The main knock-off points are: XtremIO utilises an innovative flash specific data protection algorithm providing double failure protection with only 8 per cent …
Chris Mellor, 13 Nov 2013
Santa Claus on his laptop

Boxing Day sales bubble boosts Dixons - but don't hit the champers just yet

UK saps shoppers spent more than £100,000 a minute at Dixons Retail during the Boxing Day sales helping to drag it into growth during the Christmas quarter for the second consecutive year. But CEO Sebastian James held off talking up any recovery given the torrid time that many electronics retailers have faced in the past four …
Paul Kunert, 16 Jan 2014
Ultrastar He6

Million-dollar new disk tech could be USELESS for array vendors

We've seen a lot of innovation in disk drive technology over the past year or so, tech into which millions of dollars of R&D as well as large amounts of time and effort have been poured. But from where we're standing at the beginning of 2014, it may ultimately be totally useless for storage array vendors. I'm thinking of …
Chris Mellor, 13 Feb 2014
Phil Bullinger

EMC pinches top Oracle engineer and Microsoft bod for Isilon

EMC's scale-out filer shipper Isilon is scaling up its organisation; Oracle's top storage SVP, Phil Bullinger, is moving from the Redwood Shores-headquartered firm to EMC subsidiary Isilon, and a Microsoftie is coming aboard as Isilon's COO. Bullinger is joining EMC's Isilon unit as its senior veep for engineering and operations …
Chris Mellor, 11 Sep 2013

Nokia's phone division burned us so badly we HAD to flog it, says CEO

Nokia’s smartphone strategy was unaffordable, the company’s chairman said at an extraordinary general meeting today, defending the €5.44bn sale of the phones division to Microsoft. Nokia had called the EGM to seek shareholder approval for the deal. The EGM drew a far larger crowd to the Helsinki Ice Hall than was usual, some 5, …
Andrew Orlowski, 19 Nov 2013
Sheep

Hey, Silk Road dealers: Looking for new life? Pay for a biz course with Bitcoin

A British university has become the first educational establishment in the world to allow its students to pay fees using Bitcoin. However, Cumbria University admitted it has no way of checking whether pupils had earned their virtual crypto currency by stealing, through botnets, by legitimate mining and trading, or via drug sales …
Jasper Hamill, 22 Jan 2014
BlackBerry bleeding

BlackBerry to be throttled by own supply chain

Mobile phone makers that can't sell 35 million phones every six months – three per cent of the global market – are doomed, according to Taiwanese analyst outfit Trendforce. The firm has just popped out some predictions about the mobile market, one of which suggests “obtaining upstream components and materials at good prices can …
Simon Sharwood, 14 Nov 2013

In the cloud storage gateway game? Prepare to be AMAZONED

Jeff Bezos’s big biffing business is building its own cloud storage gateway hardware to get data into Amazon's S3, striking fear and loathing into the hearts of existing storage gateway suppliers. Amazon’s existing Storage Gateway is software-only, and runs in a VM in a customer’s own data centre server and moves data back and …
Chris Mellor, 05 Dec 2013

Boffins create bulk-process on-silicon optics

A group of researchers from MIT and the University of Boulder at Colorado say they've moved photonics a step closer to integration with both microprocessors and memory. On-chip photonics offer a number of attractive prospects for chip-makers. Photonic communications generate less heat than electrons moving through copper, and …

HP workers under shadow of the axe edge towards ballot box

The Public and Commercial Services union is to ballot members working at HP over 600 planned job cuts to the services operation in the latest futile exercise to influence the company's decision making. As world + dog knows, HP's Make It Better Programme to rationalise the workforce is due to conclude by the end of October, by …
Paul Kunert, 01 Apr 2014
The Sima de los Huesos hominins lived approximately 400,000 years ago during the Middle Pleistocene

World's OLDEST human DNA found in leg bone – but that's not the only boning going on...

New tests on human bones that were hidden in a Spanish cave for 400,000 years have revealed the oldest human DNA ever sequenced - and thrown boffins’ picture of early evolution into question. The Sima de los Huesos hominins lived approximately 400,000 years ago during the Middle Pleistocene Scientists from the Max Planck …
Roadrunner and Wile E Coyote

Avere SPEC benchmark shows cloud's just as fast as on-premise

Bezos' boys will be pleased while data centre storage admins become fearful; Avere has run a file access benchmark showing file access to Amazon S3 in the cloud is the same as WAN file access to a ZFS data store - and Cleversafe object storage. It claims that it is the first and only vendor to provide low-latency, scalable NAS …
Chris Mellor, 07 Apr 2014
Cloud security

Chasing pack about to sink teeth into Amazon's AWS, says Gartner

Amazon Web Services' position as the leading infrastructure-as-a-service provider is under threat, as competitors target markets the organisation has to date ignored, according to Gartner research veep Lydia Leong. Leong's expressed her opinion in a double-barrelled blog post, the first instalment of which says the source of AWS …
Simon Sharwood, 06 Sep 2013
China HPC

Chinese students put feet up after intensive rack-thrashing session

The last day of the ISC’13 Student Cluster Challenge found both of the Chinese teams feeling confident. We checked in with Team Huazhong and Team Tsinghua just a few hours before the awards ceremony to see how they felt about the competition and their prospects for victory. Team Tsinghua, winner of the Overall Champion trophy …
The actor playing a young Julian Assange in the telemovie Underground

Assange™ names a Senatorial stand-in

Julian Assange™ has again launched his candidacy for a seat in Australia's Senate, but this time also offered an important new piece of information: the name of an alternative candidate for the seat should he be elected but be unable to leave his London bolt-hole to take up the gig. As we've explained in the past, if everything …
Simon Sharwood, 26 Jul 2013

eBay unveils data center that runs on fuel cells

Online bid bazaar eBay has plugged a much-hyped fuel cell technology into its new data center, as the company tries to increase the efficiency and reduce the environmental impact of its colossal bit barns. The announcement of the new facility was made by eBay at a press event in Utah on Thursday. The company revealed that along …
Jack Clark, 26 Sep 2013
The Register breaking news

Google's Schmidt calls for 'DELETE from INTERWEBS' button

Google head honcho Eric Schmidt has called for measures to delete information from the internet. Speaking at an event held in New York University, the Google chief executive warned that mistakes made in a person's youth could haunt them forever. He said the internet needs to have a delete button to expunge any previous …
Jasper Hamill, 07 May 2013
Leo 3

How Brit computer maker beat IBM's S/360 - and Soviet spies

IBM announced the System 360 in 1964 and started selling its family of modern mainframes 12 months later. But how do you outsell a problem like IBM? The S/360 cost IBM $5bn to develop, overshooting its estimated budget in 1962 by more than $4bn. Yet IBM need not have worried. Such was rate of sales for the S/360 family that …
Gavin Clarke, 09 Apr 2014
Hopper Reagan

Continued lack of women in tech bemoaned by ex-techie lady MP

The number of women enrolled in training courses preparing them to work in the tech industry has not changed for 30 years, an MP has told the House of Commons. Ahead of a debate last Friday on “attracting girls to ICT careers”, Labour MP and former shadow minister for innovation Chi Onwurah warned that Britain's tech sector was …
Jasper Hamill, 30 Apr 2013
Funnel of cash. Credit: via SXC – http://www.sxc.hu/profile/Leonardini

Big Mike heading for victory as SAM dumps HALF its Dell shares

One of Dell’s biggest shareholders has dumped almost half its holdings in Big Mike’s computer outfit. Southeastern Asset Management is reported to have sold 41 per cent of its Dell stock, reducing the value of its holdings to $949m. Southeastern had held 8.4 per cent of Dell, making it the biggest stockholder apart from Michael …
Gavin Clarke, 14 Aug 2013
cloud_channel

Cloud storage gateway firm: Selling to end users? Meh. We'll leave it to CSPs, et CTERA

A briefing from folks at cloud storage gateway upstart CTERA revealed there was more to the firm than Reg storage desk had thought. CTERA was founded by Liran Eshel and Zohar Kaufman after experience running a company in the SMB network security area and producing appliances. Eshel is CTERA’s CEO and Kaufmann its VP for research …
Chris Mellor, 10 Apr 2014

Blighty promises £49m to get more British yoof into engineering careers

The British government plans to spend £49m on trying to encourage kids into engineering to make up the skills shortage in the industry. Professor John Perkins, chief scientific advisor to the Department for Business, Innovation and Skills (BIS), said that Blighty needed to "substantially increase the supply of engineers" in a …
IBMStorage Revenues by quarter

IBM needs to sell its stuttering storage biz lines

IBM’s storage results are down in the dumps and we’re sure it’s in talks to sell off its server business to Lenovo. Should it sell off its storage business too? Big Blue’s fourth quarter FY2013 results gave it the blues, with the Systems and Technology Group revenues for the quarter down 26 per cent compared to a year ago. The …
Chris Mellor, 22 Jan 2014