Articles about Prospects

Funnel of cash. Credit: via SXC – http://www.sxc.hu/profile/Leonardini

Tintri’s funding reaches $260m, but is it ready to take on EMC?

Tintri, the hybrid array start-up, has been give a whopping $125m funding boost to carry on growing the company and (hopefully) take even bigger bites out of EMC, IBM and NetApp customer bases. Its funding progress has been like standing under a waterfall of cash: $17m in 2010; $18m in 2011; $25m in 2012; $75m in 2014; and now …
Chris Mellor, 05 Aug 2015
chinese authorities inspect tainted wine

VIAGRA found in Chinese 'Kung Fu rice wine'

China's Liuzhou Food and Drug Administration has warned that distilleries in Liunan District are producing booze contaminated with chemicals used in the production of erectile dysfunction treatment Viagra. The Administration reported that products named “Kung Fu wine pot of gold” and “Liu Pa god health wine” were found to …
Simon Sharwood, 03 Aug 2015
grateful_dead_1970_648p

Violin acknowledges Valley's hippy roots with Grateful Dead gig lottery

In a move calculated to appeal to the aging hippies who now run Silicon Valley, Violin is entering readers of its marketing white paper-type docs into a Grateful Dead concert ticket sweepstake. Marketing head Amy Love said that with "the directional relevance of being 'Grateful that Disk is Dead', we are enabling our customers, …
Chris Mellor, 18 May 2015
Slipway

It's Friday! Had a good week? It was probably better than Seagate's

In keeping with its warning, Seagate confirmed a revenue and profits decline as its mainstay desktop and notebook drive shipments tumbled for the third straight quarter. Enterprise drive shipments also declined in the fourth quarter of fiscal 2015, as did branded (consumer drives), although consumer electronics shipments rose …
Chris Mellor, 31 Jul 2015

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

Updated 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

eBay flogs off eBay chunk for $925m as 'uncoupling' gets closer

Online tat bazaar eBay confirmed it is flogging off its eBay Enterprise division for $925m (£591m), while posting a seven per cent second quarter revenue increase to $4.4bn (£2.8bn). Total profits plummeted from $676m (£431m) to $83m (£53m) due to the $786m (502m) charge related to the sale of eBay’s enterprise unit. In …
Kat Hall, 17 Jul 2015

Microsoft SLASHES 7,800 bods, BURNS $7.6bn off books in Nokia adjustment

Microsoft will carry out one of its largest rounds of job cuts and a record book writedown in a restructuring plan that calls time on its ill-fated Nokia acquisition. The Windows goliath confirmed on Wednesday (July 8) that 7,800 staff will go, primarily from its phone hardware business – the Nokia devices and services unit it …
Gavin Clarke, 08 Jul 2015
firing range - target in cross hairs

Grooveshark faces $750 MEELLION piracy payout

Copy-shop Grooveshark's prospects in the latest round of its lawsuit are looking bleak: remarks made by the judge hearing the case have opened up the possibility of damages close to three quarters of a billion dollars against the song-share site. Ahead of this week's hearing, the presiding judge told jurors that Grooveshark's …
Wagyu Bull

Barracuda billings blunder: Blair bloke bullish

Barracuda boosted revenues 17.8 per cent on an annual basis to $78 million in its first fiscal 2016 quarter, but made a -$3.8 million loss. A year ago it made a $200K profit on its $66.2 million revenue, so why has it gone down the toilet profit-wise in this latest quarter? Prez and CEO BJ Jenkins didn’t say in his tinned …
Chris Mellor, 10 Jul 2015
Statler and Waldorf - copyright - The Walt Disney company - the muppets studio

Speaking in Tech: Tinder Plus: 4 times pricier... if you're an OVER-28 wrinkly

Podcast speaking_in_tech Greg Knieriemen podcast enterprise It's another episode of El Reg's best and only tech podcast with your hosts Greg Knieriemen, Ed Saipetch and Sarah Vela. This week, they dig into HP's acquisition of Aruba, Tinder pricing for the *cough* elderly and the prospects for Google+. Their special guest this week is …
Team Register, 04 Mar 2015
Handing over dollars picture via Shutterstock

Steady she goes at Brocade

Sustained Fibre Channel revenues were the bedrock of Brocade's latest results - again. In its third 2015 quarter, ended August 1, Brocade reported revenue of $552 million, up one per cent year-over-year and on a sequential basis. Net income of $91.7 million represented a 5.4 per cent year-on-year and a 19 per cent bounce …
Chris Mellor, 21 Aug 2015
Obama outlines NSA reforms

Trans Pacific Partnership 'fast-track' bill dumped

Trans Pacific Partnership (TPP) optimists - including US President Barack Obama - are licking their wounds after Democrats in the US Senate dumped the "fast-track" legislation needed to wrap the trade deal up according to America's preferred timetable. The Senate Democrats have drawn a bead on the perceived risk the treaty might …
big droplets falling from rain cloud

Outsourcery still losing as much as it turns over

Former Dragons' Den rude boy and Outsourcery co-founder Piers Linney is likely to be forced to pitch his business to investors again for a fresh round of funding, after closing off a tough, cash-zapping year. The London-listed cloudy biz reported revenues of £7.4m for calendar 2014 – up 42 per cent, but still some £1.1m down on …
Paul Kunert, 30 Mar 2015

Free internet for kids! Obama's offering free internet to kids! (Yes, there's a catch)

President Obama will officially launch Wednesday afternoon a new program to get kids in flat-broke households online. ConnectHome is a joint partnership between the federal government (the Department of Housing and Urban Development (HUD)), local communities, and a number of different profit and non-profit organizations that …
Kieren McCarthy, 15 Jul 2015

NetApp dissolves global centre of virtualisation excellence

NetApp has dissolved the “global centre of virtualisation excellence” it created in 2010 and ran from its Melbourne, Australia, office. The centre was established after the vendor won some colossal deals in Australia, believed to be at the nation's dominant telco Telstra and financial services outfit Suncorp. Both bet big on …
Simon Sharwood, 25 Aug 2015
ULLtraDIMM_front_and_back

Ex-IBM x86 server chap joins flash-in-the-DRAM upstart

+Comment IBM x86 server veteran Alex Yost has joined Diablo Technologies as president and will manage the product lines and marketing. Yost spent 18 years at IBM, rising to be its VP for Strategy and Alliances for the x86/Pure Systems product lines, before Lenovo bought the x86 server business. According to his new firm, he was …
Chris Mellor, 12 Nov 2014
WAtering_trough

'We fell short' says QLogic CEO in August's understatement-of-the-month contender

As expected from its earlier warning shot, QLogic's first quarter fiscal 2016 results were pretty bad. Revenues of $113.4 million were 5 per cent lower than a year ago, with net income of $2.6 million being 57 per cent down on last year's Q1. Within the revenue number, Advanced Connectivity Platforms (Fibre Channel and …
Chris Mellor, 03 Aug 2015
Stock market. Pic: Alberto Carrasco Casado

Sophos: We'll have a market cap of £1bn when we IPO

Brit security slinger Sophos’s listing on the London Stock Exchange went live today, giving the firm a market cap of around £1bn – a valuation that has caused a stir among analysts. The intent to float was confirmed weeks ago, with the Oxford-based firm expecting to raise cash to fund the next phase of biz development and rub …
Paul Kunert, 26 Jun 2015
Old Bailey Lady Justice

Crims and politicians using RTBF to scrub themselves from Google? Not quite

Ordinary people value their online reputations, and are the main users of the so-called "right to be forgotten" European ruling, Google data has revealed. Google has portrayed its obligation to follow European privacy law, affirmed by the Gonzalez vs Google Spain ruling at the European Court of Justice last year, as a rogue's …
Andrew Orlowski, 15 Jul 2015
Apple Watch

How many Watches will Apple flog? 20, er, 18.5, no, five, wait, 50 million!

With the Apple Watch allegedly just weeks away from going on sale, industry pundits are weighing in on their predictions for the Cupertino wearable. And boy, do those estimates differ, with wide ranges of price tags and sales figures. According to analysts, the Apple watch will be a hit, unless it's not, and its cost will range …
Shaun Nichols, 20 Feb 2015
Acer E series laptops

Acer honourary chairman Shih would 'welcome' takeover bid

Stan Shih, the man who founded Acer and returned to rescue the business when it fell on hard times, would be receptive to a takeover bid but – despite its continued troubles – warned it won’t be sold on the cheap. The Taiwanese PC-maker’s honorary chairman told local press that he would “welcome” such a move, as Reuters …
Paul Kunert, 27 Aug 2015
Tornado_funnel

Violin Memory hires ex-Egnyter to add heat to global channel sales

Flash storage biz Violin Memory is hoping to pump up its channel sales volume by recruiting an ex-Egnyte channel sales VP to replace a guy who went to HGST. Jeff Nollette joins from Egnyte, where he spent seven months as its VP for Channels, helping to build a channel for that company's file sync and share product. Before that …
Chris Mellor, 04 Dec 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
Ethernet by https://www.flickr.com/photos/razor512/ CC2.0 attribution https://creativecommons.org/licenses/by/2.0/

Brocade adds more Ethernet to storage

Brocade's announced another chunk of its IP strategy, this time with an eye to drawing network-attached storage (NAS) devices into its warm embrace. The idea, A/NZ senior director Gary Denman told Vulture South, is to give IP-attached storage the kind of SLA support and manageability that Fibre Channel storage area network (SAN …
Skier

Poor Imation's revenues continue their never-ending death spiral

Imation’s board may be thinking that breaking up is hard to do. But, with the continuing decline in revenues, the only way to get any value out of the company may be to sell off the promising parts and forget the rest. It carried on plunging down the revenue slope with a 15.7 per cent annual decline in its second-quarter 2015 …
Chris Mellor, 11 Aug 2015
Violin_G_Dead_webpage

Violin Memory thinks it'll boost sales by copying face cream giants

Comment The Grateful Dead concert was only the start to a sustained, brand-led marketing effort by Violin Memory, which aims to rewrite the rules of tech product marketing. Techy speeds and feeds and flashy tactical positioning statements will be subsumed into a disciplined, co-ordinated and orchestrated marketing campaign led by Amy …
Chris Mellor, 27 Jul 2015
Pinocchio CC 2.0 Flickr https://www.flickr.com/photos/jepoirrier/

Trebles all round: The BBC's won this licence fee showdown

It's been a great week for the BBC. The Corporation has expanded the Telly Tax onto computers and, on top of that, gained a guarantee of annual inflation-rate increases in the television licence fee. These cancel out the new requirement that the BBC funds free TV for the over-75s, which it must do in full from 2020. As a bonus …
Andrew Orlowski, 10 Jul 2015

And then the Google lad says: Of course you can use Android Wear without a smartphone

Google I/O Apple may be winning the PR war with its Watch, but Google thinks an open platform, and some nifty Android Wear software, can give it the edge in the smartwatch world. At its annual Google I/O developers shindig in San Francisco, the Chocolate Factory said in the first year of Android Wear the operating system has been updated …
Iain Thomson, 29 May 2015
Mustard

Can Said Ouissal really cut Violin’s sales mustard?

Has Violin’s new worldwide sales head Said Ouissal got what it takes to lift sales at the recovering all-flash array company? He comes to the SVP position with no prior direct sales management experience, and told us he joined Violin in April last year to be SVP for product management and strategy. He came from Juniper Networks …
Chris Mellor, 22 Jun 2015

SanDisk slashes sales outlook as growth shudders to a stop

SanDisk expects the current quarter's revenues to be about $1.3bn, 14 per cent less than a year ago, with the flash business supposed to be a growth area. The execs must have been horrified when they heard. At the end of the poorly performing previous quarter it expected $1.40bn to $1.45bn, still down on the $1.51bn earned a …
Chris Mellor, 27 Mar 2015
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

Definitions matter. For crying out loud, securobods, BE SPECIFIC – ENISA

Definitions matter when your infrastructure is under threat says European Union Agency for Network and Information Security (ENISA). ENISA’s latest report, published on Thursday, concludes that there is an increase in the occurrence of routing threats, DNS threats and DDoS attacks to internet infrastructure. Its advice? Get your …
Jennifer Baker, 15 Jan 2015
Red Hat

Wall Street tips fedora to Red Hat: Sales up, profit flat, everybody dance

Red Hat's shares are on the up after the Linux distro maker beat Wall Street's expectations in its fourth financial quarter, ended February 28. The North Carolina biz reported revenues up 16 per cent during the three-month period, compared to the same period the year before, and up 17 per cent for the whole year, even accounting …
Iain Thomson, 26 Mar 2015

Australian court slaps down Hollywood's speculative invoices

The legal brawl between the owners of film Dallas Buyers Club (DBC) and Australian internet service provider iiNet has dealt a blow to Big Content's speculative invoicing practices by requiring a bond to be paid before the film's owners can contact suspected pirates. DBC's owners initiated legal action back in February, when …
Simon Sharwood, 14 Aug 2015
Godzilla vs Kitten by https://www.flickr.com/photos/fun9us/

VMware sprawls across the data centre to post 'solid' Q2 results

VMware has posted what CEO Pat Gelsinger described as “solid” second quarter results that exceeded analysts expectations on earnings-per-share and fell over the line on the revenue growth front. The former metric was 93 cents a share, two cents higher than expected. The latter was $1.6bn, a four per cent improvement that …
Simon Sharwood, 22 Jul 2015

Larry Page was held back by Google execs from flooding world with new dot-word domains

Google's new mom, Alphabet, has sent the domain name world into a frenzy following its decision to set up home at the online address abc.xyz. But behind the decision lies a deeper truth: Larry Page, as Google CEO, wanted his search giant to go big on new dot-word domain names – like .book or .computer – but was stymied by …
Kieren McCarthy, 13 Aug 2015
Google UK office logos

>Ring, ring< Hey Wall St. Yeah, it's Google. Yeah, bad news again, fellas

Google missed analysts' earnings estimates for the sixth quarter in a row on Thursday, despite the fact that its actual performance for the three months ending on March 31 was more than respectable. As usual, one has to wonder whether Wall Street isn't being just a bit over-optimistic about the online ad-slinger's prospects. …
Neil McAllister, 23 Apr 2015
Qualcomm

Qualcomm profits sink as it hands over nearly a BEEELLION dollars in fines to China

Qualcomm showed encouraging signs of growth in the second quarter of its fiscal 2015, even as a hefty payout to China bit deeply into its bottom line. The mobile chipmaker's revenue for the quarter was $6.89bn, which was down slightly from the previous sequential quarter but up by 8.3 per cent from the year-ago period, beating …
Neil McAllister, 22 Apr 2015
Scary Skeleton Samba

Pull on your dancing shoes, the server market's ALLLLIVE

It looks like execs behind the biggest server-makers can dust off those dancing boots and get jiggy with it again – the market is expanding in both box shipments and the value of them. The second half of last year proved to be a turning point for what had become a shrinking sector, with Gartner reporting prelim numbers showing …
Paul Kunert, 03 Mar 2015

Healthy Drobo set free by Connected Data to go it alone

Drobo, maker of simple-to-use personal data storage robots which you populate yourself with disk drives, is being spun-out by owner Connected Data, with an investment group buying the business. The firm was originally called Data Robotics but changed its name in 2011 to the name of its Drobo* product, which amassed a large and …
Chris Mellor, 20 May 2015
A US Army M1A1 Abrams tank heads out on a mission from Forward Operating Base MacKenzie in Iraq on October 27, 2004

$1.6bn VMware defence deal challenged by AWS, Citrix and Nutanix

Amazon Web Services, Citrix and Nutanix have protested a US government plan to sign a US$1.6bn software and support contract with VMware. Virtzilla's wares are widely used in the US military, which appears pleased with the company's products but unhappy with procurement arrangements. A Justification For Other Than Full And Equal …
Simon Sharwood, 24 Feb 2015
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
Banksy_death

Server storage slips on robes, grabs scythe, stalks legacy SANs

Analysis In ten years, legacy enterprise storage-area networks (SANs), network-attached storage (NAS), and direct-attached storage (DAS) revenues will have lost 88 per cent of their present value, according to Wikibon research. Nearly 90 per cent of today's storage revenues will then be split between enterprise server SANs and …
Chris Mellor, 17 Jul 2015

Flash daddy SanDisk: Revenues up, but Wall St unimpressed

SanDisk's third 2013 quarter showed a healthy annual and quarterly increase but subdued profits, while Fusion-io integration costs and mis-met Wall Street expectations sent the shares down a tad. Revenues were $1.75bn – a record. They were $1.63bn a year ago, meaning a seven per cent increase, and the same in the second 2014 …
Chris Mellor, 17 Oct 2014
NASA travel poster for Kepler-16b crop

Boffins open 'space travel bureau': Come relax on exoplanet Kepler-16b, says NASA

Pics NASA appears to be transforming itself into an intergalactic travel agency after issuing a series of cheery posters of exoplanets. "Kepler-186f is the first Earth-size planet discovered in the potentially 'habitable zone' around another star, where liquid water could exist on the planet's surface," said NASA's blurb. Visit …
Gareth Corfield, 08 Jan 2015

TalkTalk boasts of fourplay-loving customers, extreme growth

While the battle lines are being drawn up between BT-EE and Vodafone over selling you great big lumps of TV, broadband, fixed and mobile phones, TalkTalk has been in the quadplay game for ages. The telco, which was spun out of Carphone Warehouse in 2010, has announced its last quarter (third quarter, full year 2015) figures, and …
Simon Rockman, 03 Feb 2015
Sad man stares glumly over boxed contents of desk. Image via shutterstock (Baranq)

Fibre Channel's looking a bit flat. Bad news for these three firms

Comment The Fibre Channel trio, Brocade, Emulex and QLogic, are seeing declining popularity in their SAN storage networking businesses and need to find growth elsewhere. As we have seen with Emulex and QLogic's results, Brocade has found growth through better business efficiencies but the basic Fibre Channel market is widely seen as a …
Chris Mellor, 23 Feb 2015
linkedin logo

LinkedIn slurps B2B marketing bods Bizo for $175m

LinkedIn has slurped its second company in as many weeks, splashing out $175m on advertising firm Bizo. Last week, the professional network bought Newsle, a startup that searches the web for articles about people you know (yes, much like Google Alert), for an undisclosed amount. Bizo is a marketing firm that specialises in tech …
CD

Sony sees the cold light of optical archives, buys ex-Facebooker's upstart

Sony is buying ex-FaceBook open compute project exec Frank Frankovsky’s optical storage startup to boost its optical archive prospects. Frankovsky’s idea was to use racks of enhanced-capacity optical storage disks for archiving cold data. The system would have better throughput than existing optical storage systems. He started …
Chris Mellor, 28 May 2015
EMC federation logo

EMC has nothing to say on VMware sale plan

EMC has reportedly refused to say whether or not it intends to sell a stake in VMware, after being reported as entertaining just such a sale. Confused? Here's how this is playing out. Back in July, activist investor Elliot Management picked up a stake in EMC. Someone then whispered in The Wall Street Journal's ear that Elliot …
Simon Sharwood, 12 Sep 2014