Articles about Prospects

Falling profits

Infosec firm NCC Group launches review over crap financials

Cybersecurity firm NCC Group has launched a strategic review after issuing a profit warning. The company announced on Tuesday that the performance of its assurance division will be significantly lower than anticipated. This will hit its overall financial results for the full year ending 31 May, 2017. NCC now expects that the …
John Leyden, 22 Feb 2017
US Federal Communications Commission Headquarters in Washington, DC. Pic: editorial use only/Mark Van Scyoc/Shutterstock

Why I had to sue the FCC – VoIP granddaddy Dan Berninger

Interview One of the grandaddies of VoIP is taking America's comms watchdog, the FCC, to the US Supreme Court over net neutrality – and he's told us why. It’s life or death, says Dan Berninger, whose startup works on high quality voice services, and could be killed by the regulator at a stroke. Berninger led the Bell Labs team that …
Andrew Orlowski, 16 Feb 2017
Hadoop

IBM hooks up with Hortonworks to Hadoop Big Blue products

+Comment Cognitive Watsonian and mainframer IBM is making Hortonworks available for its Elastic Storage Server (ESS) and Spectrum Scale products. ESS is an integrated bundle of POWER8 servers, storage enclosures, disks and Spectrum Scale software. The GPFS parallel file system software was renamed Elastic Storage and then rebranded …
Chris Mellor, 15 Feb 2017

Why software engineers should ditch Silicon Valley for Austin

Software engineers should ditch their coveted Silicon Valley jobs and look for opportunities in Austin, San Diego or Seattle. That's according to recruitment company Hired, which looked at the salaries for 260,000 jobs in cities across the US and the world and accounted for the cost of living in those cities. So while people …
Kieren McCarthy, 09 Feb 2017
First XC40, photo: Met Office

OK, 2016 wasn't the best, but look for a buyer? That's Cray

+Comment A poor year for Cray was rescued by its fourth 2017 quarter’s results. Q4 2016 Q4 2015 Change Full 2016 Year Full 2015 Year Change Revenues $346,600,000 $267,500,000 29.6% $629,800,000 $724,700,000 13.1% $51,800,000 $20,300,000 155.2% $10,600,000 $27,500,000 61.5% Full 2016 year revenues went down 13 per cent …
Chris Mellor, 09 Feb 2017
Redundancy

Quest Software appoints new Asian leadership

LEAK The Register has learned that Quest Software has taken “an opportunity to shape the APJ organisation in a way that will create a greater focus on our customers, improve productivity and provide each of you with more opportunities for personal and professional growth.” That quote comes from an email penned by Quest CEO and …
Simon Sharwood, 07 Feb 2017
Hannibal Lector wearing mask

White-knight investors or capitalist cannibals? VIEX vexes Quantum

In another wonderful example of the US capitalist system's ability to enable businesses to eat each other for short-term shareholder reward, an activist investor is looking to take over Quantum's board and restore shareholder value. VIEX Capital Advisors takes a stake in small cap companies that have under-performed on the …
Chris Mellor, 03 Feb 2017
Visual Basic 6.0, the last version before .NET

Is it the beginning of the end for Visual Basic? Microsoft to focus on 'core scenarios'

Microsoft program manager Mads Torgersen has posted about the company's programming language strategy, stating that the plan for Visual Basic has shifted from co-evolution with C# to a focus on "core scenarios". Torgersen outlines the strategy for the three pure .NET languages, C#, VB, and F#. C#, says Torgersen, is used by …
Tim Anderson, 02 Feb 2017

Citrix looks like it has escaped 'not dead yet' status

In 2015 Citrix was in trouble: the company fired 900 employees and warned it would miss guidance on earnings, endured a profit slump and cleaned out its C-suite. While the company could still point to annual revenue grazing towards US$3bn, software companies don't often improve their health after bad years. With VMware …
Simon Sharwood, 01 Feb 2017

Corn-based diet turns French hamsters into baby eating cannibals

French farmers’ embrace of modern farming is turning the already endangered local hamster population into black-tongued baby eating pyschos, scientists have found. Turning over massive tracts of land to maize-raising has destroyed the cuddly cheek-stuffers' previously diverse diet, with their monotonous intake also exposing …
Clodagh Doyle, 30 Jan 2017

I'm deadly serious about megatunnels, vows Elon Musk

That's more like it. Elon Musk is completely serious about building megatunnels under Los Angeles, buffing up his credentials as a real-life Bond villain. He's promised to start within "a month or so". Musk announced on Twitter that the first would be "Starting across from my desk at SpaceX. Crenshaw and the 105 Freeway, which …
Andrew Orlowski, 26 Jan 2017

DirecTV Now plagued with faults, but uptake not slowing

AT&T's freshly hatched DirecTV Now OTT streaming service is forecast by most industry analysts to hit around 1 million subscribers after one year, following its launch at the end of November, but here at Faultline Online Reporter we believe the service has the potential to take off on a much bigger scale – providing it can …
Faultline, 20 Jan 2017
A businessman in handcuffs

Ex-Autonomy CFO pleads not guilty to charges he inflated the company's value

The ex-chief financial officer of Autonomy, Sushovan Hussain, has pleaded not guilty to charges he inflated the price of his company's $11bn (£9bn) acquisition by Hewlett-Packard. It is the latest development in the ongoing legal spat after HP wrote down the acquisition by a staggering $8.8bn (£7.1bn) in 2012, a year after the …
Kat Hall, 13 Jan 2017
Gacek_and_Cohen

Quantum: Well, would you look at that. We've made some money!

Quantum has surprised itself with preliminary quarterly revenue numbers well ahead of plan. Back in October, its second fiscal 2017 quarter saw an uptick in both revenues and profits after a whole slew of quarters showing downturns and even losses, as declining tape revenues obliterated gains from multi-tiered, single …
Chris Mellor, 13 Jan 2017
K2s

Kaminario gets cash for K2 biz flash dash

All-flash array supplier Kaminario has gained an additional $75 million funding in an F-round, taking total funding to $218 million. Private equity firm Waterwood led the round; its strategy is to invest in growth-stage technology companies. Cash also came from new and existing investors, including Sequoia, Pitango, Lazarus, …
Chris Mellor, 10 Jan 2017

The wait is over ... Nokia's BACK!

Anyone looking for the much-anticipated “New Nokia” to make a splashy comeback might have to wait a little longer. HMD gave a very low key launch to the new phone, the first Nokia-branded smartphones for two years*, at the weekend. The new device was announced in the Chinese language only, on a Sunday morning. It’s more a …
Andrew Orlowski, 09 Jan 2017

TCL vows to keep BlackBerry alive

At least one manufacturer thinks a business-focused Android has prospects in 2017. Chinese consumer electronics giant TCL allowed journalists to fondle the next BlackBerry at CES this week, under strict conditions. The device wasn't given a name or release date, and no specifications were released. That must wait for a formal …
Andrew Orlowski, 06 Jan 2017
Lady eating a sandwich checking her mobile phone

CloudByte chews on Elastistor, sinks teeth into OpenEBS

Analysis Startup CloudByte is having a substantial exec and strategy makeover as it embraces an open source approach to containerised storage. We came across CloudByte just over a year ago when it popped up with its ElastiStor software running on OEM’d SanDisk (now WD) InfiniFlash hardware, the box with a bunch of flash inside it. …
Chris Mellor, 05 Jan 2017

Capita is STILL the BIGGEST tech services supplier to UK.gov

Despite all the mini fires burning at beleaguered Capita, the much maligned outsourcing giant remained the UK's biggest public sector tech services supplier in 2016 as revenues swelled to £1.9bn. An annual report by analyst TechMarketView found the firm that everyone loves to hate increased top line sales 5 per cent year-on- …
Kat Hall, 22 Dec 2016

White House report cautiously optimistic about job-killing AI

In a followup to its smash hit, Preparing for the Future of Artificial Intelligence, the White House on Tuesday released Artificial Intelligence, Automation, and the Economy, a report that attempts to outline the economic consequences of expected advances in automation and machine learning without actually risking a prediction …
Thomas Claburn, 22 Dec 2016
RDX_QuikStor

Sphere 3D has had two offers to buy parts of its business

+Comment Sphere 3D, the Canadian company which owns Overland Storage and Tandberg Data, has had two offers for parts of its business. The perennially loss-making concern, which was previously Overland Storage, which bought Tandberg Data, has never recovered from the decline in tape automation products. It received a first offer, a …
Chris Mellor, 19 Dec 2016
fail_parking_meter_648

Violin Memory shares collapse as it files for chapter 11

+Comment Violin Memory has bowed to the inevitable and made a Chapter 11 filing. A chapter 11 bankruptcy filing doesn't always signal it's over, but it might mean the early flash pioneer is getting there. Violin Memory's tortured struggle to stay in business now depends upon it streamlining its business further and pursuing a sale. …
Chris Mellor, 15 Dec 2016
Q in James Bond

UK.gov state of the nation report: Infosec's very important, mmmkay

The UK government’s first annual report on the implementation of the 2015 National Security Strategy has reaffirmed that cyber-security remains a key priority. The 39 page report (pdf) lists cyber-security alongside Russia’s actions in Syria and Ukraine and terrorism as among the greatest threats Britain faces. The range of …
John Leyden, 09 Dec 2016

China and Russia aren't ready to go it alone on tech, but their threats are worryingly plausible

Feature China and Russia are populous, wealthy nations that the technology industry has long-regarded as exceptional growth prospects. And then along came Edward Snowden, whose suggestions that American vendors were complicit in the United States' surveillance efforts gave governments everywhere a reason to re-think their relationship …
Simon Sharwood, 07 Dec 2016
Cops with guns, image via Shutterstock

Yorkshire cyber security biz ECSC Group to debut on AIM exchange

Bradford-based cyber security consultancy ECSC Group is set to float on the AIM stock exchange on December 14. ECSC is bullish about its prospects, stating that the "recent proliferation of high-profile cyber security breaches affecting some of the world's most largest companies" has made cyber security a strategic issue for …
John Leyden, 05 Dec 2016
Facebook Like. Credit: AlesiaKan https://www.shutterstock.com/gallery-164152730p1.html / Shutterstock.com Release Information: Editorial Use Only.

Axel Springer boss defends Facebook in fake news controversy

One of Silicon Valley’s harshest and most powerful critics has leapt to its defence over the “fake news” controversy. Mathias Döpfner, CEO of the German giant publishing group Axel Springer, says Facebook must retain the liability privileges it enjoys as an internet platform - rather than be reclassified as a publisher. …
Andrew Orlowski, 02 Dec 2016
milhouse_vs_nelson_648

No, Andy, AWS and Oracle aren't in a database death match

AWS re:Invent Speaking at his opening keynote for the 2016 re:Invent conference, AWS chief Andy Jassy made a point of going after Oracle. The repeated jabs at the Redwood City goliath and its iconic boss Larry Ellison came fast as Jassy showed off new AWS database offerings, and raised speculation that perhaps AWS and Oracle would be going …
Shaun Nichols, 01 Dec 2016
Space_Shuttle_launch

Nutanix makes thundering great loss, stock market hardly blinks

A thundering great loss: that’s the first thing to notice about Nutanix’s latest quarterly results. It’s more than three times worse than the loss of the previous quarter: $162.2m vs $49.9m and the year-ago quarter’s $38.5m loss; sales grew only 19 per cent sequentially so the rate of loss-making would seem to have accelerated …
Chris Mellor, 30 Nov 2016
Gloved hand holds dismantled bug/listening /audio device. Photo by Shutterstock

Hack the Army: US military begs white hats to sweep it for bugs

Security experts reckon the US government’s newly unveiled "Hack the Army" bug bounty programme may usher in greater co-operation across the whole arena of security research. The US Army will offer cash rewards to hackers who find vulnerabilities in selected, public-facing Army websites under the scheme, which builds on the US …
John Leyden, 22 Nov 2016

NetApp's regeneration could be deep surgery or anti-wrinkle cream

Analysis NetApp's long story short – customers aren't buying the old stuff and don't like the new stuff much either. In its second fiscal 2017 quarter, revenues of $1.34bn were 7.6 per cent down on $1.45bn the year before. They were 3.9 per cent higher than Q1 2017's, though. Profits (net income) of $109m were 4.4 per cent …
Chris Mellor, 17 Nov 2016

DataStax slurps DataScale, burps out own managed cloud

NoSQL-business DataStax has today announced its acquisition of the similarly-named DataScale, as well as plans to launch its own managed cloud offering next year. DataStax'a Martin Van Ryswyk, EVP of Engineering, confirmed to The Register that the specific financial terms of the acquisition weren't going to be revealed, but …
A businessman in handcuffs

Former Autonomy CFO indicted in USA for misleading investors

Updated The long-running spat between HP and the company formerly known as Autonomy has taken another turn, with Autonomy's former chief financial officer Sushovan Hussain indicted in a San Francisco court last week. The move was immediately criticised by a collective of former Autonomy executives as the Department of Justice (DoJ) “ …
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Broadcom would certainly be broader with Brocade on board

Analysis And so a storage networking era comes to a close, and we have been here before. Brocade is reportedly up for sale, as it has been three times before. The premier Fibre Channel SAN director and switch vendor has consistently tried to use its revenues to buy other companies and diversify, because it knew the market was …
Chris Mellor, 01 Nov 2016

Interest rate hikes to fuel bonfire of the Unicorns

Enterprise startups burning through cash while it's cheap will have to fire their sales teams to survive, according to channel analyst outfit Canalys' founder Steve Brazier. In his keynote to the firm’s Asia-Pacific Channel Forums bash in Macau, Brazier said enterprise startups have been able to grow global sales teams thanks …
Simon Sharwood, 26 Oct 2016

Mysterious algorithms, black-box AI recruiters are binning our résumés

Analysis When you submit a résumé for a position at a large company, you may or may not be contacted for further information or an interview. Either way, you probably won't know why. Applicant tracking systems (ATS), the software used by employers to manage employment applications, are not generally open to public scrutiny. "Unless …
Thomas Claburn, 17 Oct 2016
Nimble_AF_Series_table_competition

Lenovo be Nimble, Lenovo be quick, inks deal to take on Dell EMC kit

Lenovo, which has huge ambitions in the storage market, has sealed a partnership deal with Nimble and will be selling Nimble's all-flash array and using its predictive analytics. Nimble Storage was one of the original trio of hybrid storage array vendors that emerged a few years ago - the others being Tegile and Tintri. It …
Chris Mellor, 17 Oct 2016
Man getting a facial. Not that kind of facial, you pervs. Photo by Shutterstock

Make yourself presentable, upstart: We're going out

Part Three You’ve got the talent, you’ve the idea for something that resembles a product. But, as Steve Jobs said "real artists ship", and art isn’t something that comes just like that. In this case we’re talking architecture, we’re talking tools, we’re talking interface and UI – not necessarily things you were thinking about were they? …
Trevor Pott, 10 Oct 2016

World spent US$7.7bn on cloud in Q2, and that was during a lull

World spent US$7.7b on cloud in Q2, and that was during a soon-to-end lull in construction of hyperscale data centres. So says market-watcher IDC, which in its new Worldwide Quarterly Cloud IT Infrastructure Tracker says sales of servers, switches and storage destined for use in public and private clouds grew by 14.5 per cent …
Simon Sharwood, 06 Oct 2016
Terminator

‘You can’t opt out of IoT’: Our future is the Rise of the Sensor Machines

IPExpo “The majority of SMEs are bamboozled by the Internet of Things and how it will support their business,” Mike van Bunnens, MD of comms tech firm Comms365 told The Register today. Predicting a future where “everything” is an IoT device that “binds us together”, van Bunnens - flanked by colleagues Shaun Nicholls and Nick Sacke - …
Gareth Corfield, 05 Oct 2016
Man in blue shirt and tie raises face to the sky in bliss during double fist-pump. Photo by Shutterstock

Nutanix, yesssss: Fist-pumping breaks out everywhere storage IPO wannabes are found

Comment There’ll be a spring in the executive offices of Cohesity, Rubrik, Tegile and other storage startups this morning; senior managers will have checked Nutanix’s share price and have that rosy glow that comes when your prospects have suddenly brightened. Hyper-converged market leader Nutanix IPO’d on Friday and, so far, it has …
Chris Mellor, 03 Oct 2016
Locker room jocks photo via Shutterstock

Oracle's Coach Larry needs Microsoft plays to beat Amazon

Analysis SAP. Crack! IBM. Snap! Salesforce. Bang! Workday, I can see you - come over here... In the locker room that is Oracle’s quarterly conference calls with Wall Street, somebody’s ass is always on the receiving end of a sharp thwack from the towel of head coach Larry Ellison. Ellison has zinged his verbal towel off many a noble …
Gavin Clarke, 29 Sep 2016
Is it safe from_Maraton_Man

But is it safe? Uncork a bottle of vintage open-source FUD

“Yeah, but is open source a safe choice?” Surprisingly, I’ve been asked that frequently of late. Larger organisations in particular are giving me the old squinty eye. The folks in these conference rooms and tentacular email threads are often looking to replace decades old stacks of IT and get their “digital transformation” on, …
Michael Coté, 29 Sep 2016
Destry_rides_again_DO_NOT_USE

Violin hunts for elusive key to regrowth

Analysis The elusive hunt for renewal and regrowth at Violin Memory has moved into a new phase – with a product launch holding up sales, sales leadership change, and the CEO focusing on finding funding for the future. Violin has cleverly managed to avoid falling off a cliff despite falling sales revenues and investor despair. It …
Chris Mellor, 26 Sep 2016

Wow, RIP hackers ... It's Cyber-Lord Blunkett to the rescue for UK big biz

A high-profile project has been launched with the aim of strengthening UK enterprises' IT security. The Cyber Highway was launched in London on Tuesday by Lord David Blunkett. The resource offers a “user-friendly online portal for large enterprises that want to strengthen the cyber defence of their supply chain.” Corporations …
John Leyden, 21 Sep 2016
Nantero_CNT_tube

Deep inside Nantero's non-volatile carbon nanotube RAM tech

Two Fujitsu semiconductor businesses are licensing Nantero NRAM technology with joint Nantero-Fujitsu development to produce chips in 2018. They will have several thousand times faster rewrites and many thousands of times more rewrite cycles than embedded flash memory. NRAM, non-volatile RAM, is based on carbon nanotube (CNT) …
Chris Mellor, 31 Aug 2016

Corporates ARE sniffing around Windows 10, says Computacenter

Bulky corporate enterprise punters are starting to fall for the, ahem, charms of Windows 10, Computacenter's chief executive claimed today as he flashed his firm’s calendar first half-year trading figures. Mike Norris, boss of the London-listed services-based reseller, said the pending contract sign-off for managed services …
Paul Kunert, 26 Aug 2016

Iraq internet shutdowns

Iraq has continued its extraordinary policy of shutting down the entire country's internet in order to prevent exam cheating. Several internet traffic observers including Akamai and Dyn Research have been amazed at the frequency this year however – no fewer than eight times in ten days, with the break coming at the weekend. …
Kieren McCarthy, 24 Aug 2016
Robot on road photo via Shutterstock

Ireland's govt IT: Recession and job cuts forced us to adapt

Ireland was hit hard by the global financial crunch of 2007 and 2008. It was the first of the EU member states to slip into recession immediately following the bursting of the economic bubble. As the economy contracted, banks faced default and government debt increased, with Ireland eventually taking an €67.5bn loan from the …
SA Mathieson, 23 Aug 2016
A Lyft car

Nobody wants Lyft

Dial-a-ride app maker Lyft is looking for a buyer, but no one's interested. This according to The New York Times, which cited multiple sources in reporting that Apple, Google, Amazon, GM, Didi Chuxing, and even Uber have been approached by Lyft, all without any success. Though the Times notes that Lyft is sitting on more than …
Shaun Nichols, 20 Aug 2016

Microsoft’s Continuum: Game changer or novelty?

Hands On Microsoft’s Continuum is one of the spookiest computing experiences you can have. Either plug a phone into a dock, or turn on a nearby wireless display and keyboard, and the phone doubles up as an ersatz Windows PC. No more lugging a laptop around. Back in January, we described Continuum reviewers as sharing the surprise and …
Andrew Orlowski, 19 Aug 2016