Articles about Recession

Is Dublin becoming as unaffordable as San Francisco?

Comment Over the last five to 10 years, Dublin has become the European base for the likes of Google, Facebook, Amazon, Salesforce, LinkedIn, Yahoo! and Microsoft. Its controversial corporation tax of 12.5 per cent, introduced in 2003, has undoubtedly been the major selling point. However, during that period, the cost of living has …
Kat Hall, 27 Apr 2016

Techie the most recession-proof job

Want to survive the next global financial meltdown without being forced to trade your shoes for food? Well, you'd be safest to get a job in tech. Since 2002, the most "recession-proof" job has been the tech sector, with the total wage bill having risen 82 per cent to £32bn in 2013, as more folk flocked to get jobs in the …
Kat Hall, 10 Feb 2016

Back to the Future's DeLorean is coming back to the future

DeLorean Motors has announced that it hopes to resume construction of the DMC-12 sports car made famous by 1985 flick Back to the Future. In the film and its two sequels, the car houses a time machine that operated when the stainless-steel-mobile hits 88 miles per hour. The DeLorean was chosen for the role because it looked …
Simon Sharwood, 28 Jan 2016
Hotel scene - suitcase propped up against freshly made bed. Image by Shutterstock

Self-regulation can address issues that arise in the digital economy, says Airbnb

Self regulation can be a "more effective way" of addressing issues that arise in online markets than passing new legislation, Airbnb has said. In written evidence to a UK parliamentary committee which is looking into how the UK government can support the growth of the digital economy, Airbnb said self regulation can offer a …
OUT-LAW.COM, 15 Jan 2016

Brazilian whacks: as economy tanks, cyber-crooks samba

Brazil's economy may be hurtling towards recession but its online criminal underground is booming with wannabe hackers and carders racing to get a cut, research finds. Trend Micro's work is the latest in a series of papers it has published in recent months that examine regional online crime economies including North America, …
Darren Pauli, 13 Jan 2016
The Register Roundtable Room at The Soho Hotel

CIOs, what does your nightmare before Christmas look like?

CIO Manifesto We gathered 14 of the UK’s finest IT leaders in a secure bunker (elegant room in the Soho Hotel -Ed.) for the last Register Round Table of 2015 to hear their tales of when good IT goes bad. The short version is the thing they fear most is you, dear reader, your screw-ups, your documentation, your thefts, your dodgy code, your …
Joe Fay, 22 Dec 2015
TIE Fighters and Millenium Falcon credit Lucasfilm Disney

After Death Star II blew: Dissecting the tech of Star Wars VII: The Force Awakens

Star Wars special Despite the quasi-disaster of The Phantom Menace run of films, expectations are high for Star Wars: The Force Awakens. In 1977, Star Wars achieved a rare feat in sci-fi film history – going boldly where Star Trek went before, and establishing a look and feel so distinct and so powerful it spawned a whole culture. Not just …
bbc_logo_648

The BBC's Space: A short history of 21st Century indoor relief

Special Report It was Open London last weekend, where for two days we got to see inside buildings normally closed to the public. With Doctor Who’s Tardis being unavailable, my kids found themselves on the Dazzle Ship moored in the Thames*. They were at once accosted by someone showing them an app. Take a photo, slap it on your own Dazzle …
Andrew Orlowski, 24 Sep 2015
empty_pockets_648

You want the poor to have more money? Well, doh! Splash the cash

Worstall @ the Weekend Phillip from London writes in to note that I'm really not a fan of the minimum wage. So, given that we don't want the poor starving in the streets, or that we might actually think there is some minimum income that a rich country should provide just because, what's the recommended Worstall method of achieving this? To which the …
Tim Worstall, 20 Sep 2015
A garden gnome depicted stretched out across picnic table... with a pipe in one hand while the other props him up. Has a confrontational look in his eye...

So Quantitative Easing in the eurozone is working, then?

Worstall @ the Weekend Much as some of us love international biz editor Ambrose Evans-Pritchard over in The Torygraph, it is true that he can occasionally get a little bit excited about whatever it is that he's spotted. His latest revelation about how eurozone money supply is growing is a case in point. Evans-Pritchard is looking at this information …
Tim Worstall, 06 Sep 2015

Big trouble in big China: Crashing economy in Middle Kingdom body slams US tech stocks

The Dow Jones Industrial Average shed more than 1,000 points in the first few minutes of trading on Monday, as the effects of China's economic woes spilled over onto Wall Street. China's Shanghai Composite index plummeted by 8.7 per cent – its biggest one-day drop since the global financial crisis of 2007 – sending waves into …
Neil McAllister, 24 Aug 2015

Hear that screeching sound? It's the sales brakes on distie juggernaut DCC Tech

The wheels have slowed on the distie juggernaut Exertis and mobile computing is to blame, Irish parent DCC confirmed today. In a trading update for Q1 covering the three months ended 30 June, DCC Technology which comprises Brit subs Exertis and Gem, revealed things aren’t quite going to plan. “Trading in DCC Technology was …
Paul Kunert, 17 Jul 2015
Acropolis by https://www.flickr.com/photos/adeelanwer/ CC 2.0 attribution https://creativecommons.org/licenses/by-nd/2.0/

Bitcoin fixes a Greek problem – but not the Greek debt problem

Worstall on Thursday Hallelujah and may the Lord be praised! Someone has finally managed to find a decent economic use for Bitcoin. This isn't what those of us interested in the nitty-gritty of economics ever really expected, to be quite frank. We have looked on the alt-coin world as a rerun, a recapitulation, of every scam, fraud and mistake that …
Tim Worstall, 16 Jul 2015
BT Openreach van

BT circles wagons round Openreach as Ofcom mulls forced split-up

BT has launched an offensive against moves to have its Openreach division completely hived off, with its view being that maintaining a near monopoly is the best thing for the country. Ofcom’s 2005 strategic review resulted in Openreach being repositioned to become a separate part of BT, but rivals have long been pushing for …
Simon Rockman, 16 Jul 2015
rise_of_the_idiots_nathan_barley_648

Revive the Nathan Barley Quango – former Downing Street wonk

The compulsory TV tax could be divvied up and given to Shoreditch digital types to create “compelling digital content”, says Shoreditch property developer and former No 10 special advisor Rohan Silva. Writing in the Sunday Times, Silva called for “a new media fund that invests in private companies producing innovative digital …
Andrew Orlowski, 30 Jun 2015

FCC hosts Reagan-off as it enters 21st century

FCC commissioners embarked on a Reagan-quoting political bake-off today as the regulator sought to expand its discount telephone service for flat-broke families. A proposal to extend a $9.25-a-month telephone service called Lifeline to include broadband internet access is now out for public comment. The Lifeline service is aimed …
Kieren McCarthy, 18 Jun 2015
Trainspotting

Why is that idiot Osbo continuing with austerity when we know it doesn't work?

Worstall @ the Weekend That austerity doesn't make the economy grow, is one of those things we all know to be true. And yet we've also got a government insisting that a recession, when there's spare capacity and we'd really rather like the economy to grow, is a great time to be cutting government spending and thus instituting that austerity. This …
Tim Worstall, 14 Jun 2015
Bang by Guian Bolisay

WOW! BOOM! The Brit server market is back ... in a way, sort of

Brit businesses and local public sector organs are spending on servers again, but it's Dell and Cisco who are mopping up most of this organic goodness. Gartner’s numbers for Q1 are out: shipments grew a little over five per cent year-on-year to around 80k units, and the value of those boxes climbed ten per cent to $549m. This …
Paul Kunert, 12 Jun 2015

So why the hell didn't quantitative easing produce HUGE inflation?

Worstall @ the Weekend There's two simple answers to the question of why quantitative easing (QE) didn't set off some massive burst of inflation (to answer commentard Gordon 10's question posted here). The first being that it did, the second being that some people, fortunately this time the people running the central banks, got their economics right …
Tim Worstall, 07 Jun 2015

NEVER MIND the B*LLOCKS Osbo peddles, deficits don't really matter

Worstall @ the Weekend What with another budget just coming up, to correct the one that chancellor of the exchequer George Osborne kidded everyone with before the election, it might be time to answer the question of whether deficits really matter? For Osborne is most certainly going to continue shouting that they do and, equally certainly, everyone …
Tim Worstall, 24 May 2015
Files in manager's desk drawers: manila folder marked "Redundancies". Image via shutterstock

HP Enterprise Services staff jog on, waving fat redundo cheque

HP has waved goodbye to a bunch of Enterprise Services staffers across Europe as it edges closer to the end of a multi-year job culling exercise and the big corporate split. Some 55,000 employees will have left the grand old lady of tech by the end of October when the programme – launched in 2012 – crosses the finishing line. …
Paul Kunert, 12 May 2015

Facebook's Open Compute could make DIY data centres feasible

DIY vs COTS: Part 2 Last time I looked at the PC versus console battle as a metaphor for DIY versus Commercial Off the Shelf (COTS) data centres, and touched on the horrors of trying to run a DIY data centre. Since 2011, however, we've had the Open Compute Project, initiated by Facebook. The ideal is some kind of industry-standard data centre, with …
Trevor Pott, 07 May 2015
Blingtastic Samsung Galaxy

Samsung S6: You might get a Sony camera in it - or you might not

When you buy a Samsung S6 you might get the impressive Sony IMX240 camera sensor ... or you might get the Samsung Isocell unit. In the published specifications for S6 and S6 Edge, Samsung doesn’t give any details on the camera sensor, saying just “16MP OIS(rear), 5MP (front)” but the two sensors are pretty different and there …
Simon Rockman, 06 May 2015
Hungry goat licks lips. Pic: David Goehring

So how should we tax these BASTARD COMPANIES, then?

Worstall @ the Weekend To break with tradition: this week let's see if we can propose something sensible rather than doing our usual liverish snarling at whatever it is that grips my goat this week. So, let's see if we can work out how we should actually be taxing capital and the returns to it. This, of course, involves the taxation of corporations …
Tim Worstall, 26 Apr 2015
Man in an orange jumpsuit clutches prison bars. Image by Shutterstock

Stuff your RFID card, just let me through the damn door!

Something for the Weekend, Sir? "Never heard of them." Well, could you look again? "They're not on the list, sir." Look, I was here last week. The business I am visiting today definitely exists. It's in this building. Please let me through. [shuffling of papers] "Did you want Amalgamated Durables? No? How about Insure and Blow? Or is it one of those tech …
Alistair Dabbs, 25 Apr 2015

So why exactly does almost ALL tech live in Silicon Valley?

Worstall @ the Weekend It was Ben Bernanke who pointed out that economics isn't really all that much good at predicting the next recession (and the long-standing joke is that economists have predicted 11 out of the past three), but it is pretty good at working out why the world is the way it is. Which brings us to the cutting edge of modern economic …
Tim Worstall, 19 Apr 2015
The four designs under consideration for the ethical 'Fairphone'

European Parliament mulls law on use of blood metal in tech

MEPs will vote whether or not to make electronics manufacturers find out where the minerals in their products come from. The proposed law is part of an effort to clamp down on so-called conflict minerals. Militant groups in areas such as the Democratic Republic of the Congo often use the sale of tin, tungsten, tantalum and …
Jennifer Baker, 14 Apr 2015

Latest Gartner wololo: Win Server 2003 refresh might be off the cards

Price hikes caused by the robust dollar could result in European server customers deferring purchases for at least the first half of this year, potentially translating into another period of stagnating revenues. With Microsoft ending support for Windows Server 2003 and Intel refreshing Xeon – which made vendors respond with …
Paul Kunert, 16 Mar 2015

Attack of the Digital People: The BBC goes fully Bong

Comment Imagine this. At vast expense, the BBC launches a chain of launderettes - digital launderettes, that we shall call "BeebWash". Each BeebWash "space" (they love the word "space") would show BBC programmes and no doubt, "facilitate community engagement". So expansive and vague is the BBC's current Royal Charter, that BeebWash …
Andrew Orlowski, 13 Mar 2015
Sorry we're closed

Systemax CEO closes 31 retail stores in US as losses widen

Systemax has finally shuttered the majority of its consumer tech stores in North America after once again enduring weak holiday season sales and reporting yet another year of losses. The New York-listed reseller grew consolidated sales 4.4 per cent to $912.9m but it was the B2B side of the house and not retail that contributed …
Paul Kunert, 11 Mar 2015
Raphael's School of Athens

C'mon! Greece isn't really bust and it can pay its debts

Worstall @ the Weekend As I write we've just got the latest news that Greece has been saved from default, bankruptcy, being thrown out of the euro and everything is going to be lovely for The Men Without Ties. Which is, of course, lovely, but there really wasn't quite as much to worry about as people seemed to think. It could, obviously, all have …
Tim Worstall, 01 Mar 2015

Ingram Micro: Damn you Europe for our ghastly margins

Weaker margins in Europe due to forex losses and cut-throat retail pricing was the only major blip in an otherwise decent end to the calendar 2014 for Ingram Micro. It was not a vintage year though. Sales in Q4 bounced 18 per cent to $13.95bn: Technology and Other Solutions grew ten per cent to $11.2bn and Mobility shot up 60 …
Paul Kunert, 27 Feb 2015

How good a techie are you? Objective about yourself and your skills?

Sysadmin blog How objective are you? Can you design IT solutions outside your own experience? Are you capable of testing unfamiliar and uncomfortable software, services and solutions with an open mind or do you immediately lash out against the mere idea of change? How far outside of your direct experience can you really step and at what point …
Trevor Pott, 24 Feb 2015
channel_teaser_exit

Azzurri waves bye-bye to more directors

Azzurri Communication is on the hunt for an ops director following the departure of David Du Toit, who we are told has returned to his native South Africa to embrace the joys of retirement. Du Toit pitched his tent at the south coast-based integrator in September 2012, brought in by former CEO Vim Vithaldas, who was himself …
Paul Kunert, 11 Feb 2015

Bitter Lake: Know your enemy? Impossible, surely, when you don't know if the enemy exists

TV Review My favourite moment in Bitter Lake – Adam Curtis' new two hour film about Afghanistan – is a clip of a posh British graduate teaching conceptual art to a class of Afghan women in traditional dress. She shows them Marcel Duchamp’s Fountain. You know – the dirty urinal. One shakes her head. The others just stare politely. “It was …
Andrew Orlowski, 31 Jan 2015

Cut a few BILLION off projected IT spend, m'kay? – Gartner mages

A surge in the relative value of the dollar has caused resident mystics at Gartner to dramatically lower global tech spending forecasts by billions of dollars. The crystal ball stroker estimates $3.73 trillion will be splashed on IT during in 2015, and if correct this equates to percentage growth of 2.4, way down on the 3.9 per …
Paul Kunert, 12 Jan 2015

No Santa, no Irish boozers and no regrets: life in Qatar

THE EXPAT FILES In this week's eXpat File, we meet Irishman Russell Clark, who's settled in Qatar. Russell's loving life there, even if the only Irish pub has closed down and the traffic is terrifying. Tell us more, Russell, especially the bit about there not being an Irish bar ... The Register: What kind of work do you do and with which …
Simon Sharwood, 21 Dec 2014

Speaking in Tech: MICROSOFT to buy out TWITTER? Nah

Podcast speaking_in_tech Greg Knieriemen podcast enterprise Hosted by Greg Knieriemen, Ed Saipetch, and Sarah Vela. The gang look back on a reasonably quiet year, score predictions made, and look forward to next year's big corporate moves. Sarah has already started the holidays (lucky her), while Ed and Greg pontificate on next year …
Team Register, 17 Dec 2014
channel_partners_deal_handshake

Computacenter UK MD heading to Daisy Group as CEO

Enterprise reseller Computacenter’s (CC) outgoing big cheese Neil Muller is set to rock up as Daisy Group chief exec from early next year, The Channel can reveal. The 20-year CC veteran - who spent the last three as UK managing director - quit the business in November for pastures new, and though he refused to reveal his next …
Paul Kunert, 10 Dec 2014
Credit: David Shankbone

Competition probe opens door to Canal+ Spain for Rupert Murdoch

Analysis It is over six months since Telefonica tabled its bid to buy 56 per cent of Spain’s pay TV operator Canal+ from the Prisa Group on top of the 22 per cent it already owned and at last it is facing the competition probe we predicted it would at the time. The other 22 per cent owned by Mediaset, the Italian commercial broadcaster …
Faultline, 08 Dec 2014

How to get ahead in IT: Swap the geek speak for the spreadsheet

Increasingly, we're told, IT types who "understand" their organisation's business can help their business and get ahead. But what does “understanding” the business actually mean? Why does it matter and how does an ambitious IT professional get the mix of skills needed to attain that understanding and also hit the fast track? …
Rachel Willcox, 28 Nov 2014
Happy child at Christmas with a tablet

Time to bag a tablet bargain this Chrimbo – Brit stocks are high

British retailers will be looking to clear a tablet glut this Chrimbo, and falling sales prices and cooling consumer interest in slabs will mean they’ll need to shift more to stand still. According to Gartner, 83 million fewer slabs will be sold this year worldwide, with consumers sweating their assets for longer, renewed …
Paul Kunert, 04 Nov 2014
management strategy3

HP turns to Meg Whitman's ex-chief of staff for tough UK job

Meg Whitman’s former veep chief of staff, Jacqui Ferguson, has returned to her UK roots with HP, taking control of the troubled Enterprise Services division with a remit to get things firing again. This will be no walk in the park: ES is already undergoing corrective surgery to trim costs by tightening policies covering overtime …
Paul Kunert, 10 Oct 2014

Corporate crashes in UK IT channel drop back to pre-recession levels

Channel fatalities are down for the fifth consecutive quarter as the local ICT sector growth and the wider UK economy becomes the envy of European neighbours. The numbers of tech suppliers that went pop during Q3 was down by almost a quarter to 56 compared to the war stats from credit reference agency Graydon UK for the same …
Paul Kunert, 09 Oct 2014
George Clooney and Amal Alamuddin on their wedding weekend in Venice

'Encryption will make life very easy for criminals and terrorists'

QuoTW This was the week when the US Attorney General jumped on the bandwagon and took Apple and Google to task for improving encryption on mobile devices. Eric Holder said tightening security on their ecosystems was actually a bad thing, as it could allow child predators to evade authorities and hide illegal images and content on …
A garden gnome depicted stretched out across picnic table... with a pipe in one hand while the other props him up. Has a confrontational look in his eye...

EU to accuse Ireland of giving Apple an overly peachy tax deal – report

The European Commission is set to accuse Apple of profiting from unlawful state aid from Ireland thanks to the sweet tax deals the firm has enjoyed for the last 20 years, a newspaper has reported. Sources whispered to The Financial Times reported (behind its paywall) that the EC’s antitrust authority will this week reveal some …
Blofeld's white cat

Spies, avert eyes! Tim Berners-Lee demands a UK digital bill of rights

The UK needs a digital bill of rights to protect citizens against the government's "indiscriminate online surveillance", world wide web inventor Tim Berners-Lee said on Saturday. The Greatest Living Briton™ was speaking at the Web We Want Festival in London. He lobbied politicos in Blighty to take action in the run up to next …
Kelly Fiveash, 28 Sep 2014
Alistair Darling and Alex Salmond debate Scottish independence

Scottish independence: Will it really TEAR the HEART from IT firms?

Scots may vote to leave the United Kingdom, ending a union lasting 307 years, on 18 September. Until a few weeks ago, the referendum on independence looked like an easy win for those wanting to stay in the union - or to use the parlance of the campaign, "no" voters. But a surge in support has put those planning to vote "yes" to …
SA Mathieson, 11 Sep 2014
Eve in the Garden of Eden talking to a rather angry God on Snapchat

Apple's Watch is basically electric perfume

Comment It isn't just Apple that looks a little less miraculous today – the entire consumer electronics industry is looking a bit tragic and battered. Ever since the iPod became a hit, the media has looked to Apple for divine miracles, for revolutionary market-making products that "restore a sense of childlike wonder", as Fake Steve …
Andrew Orlowski, 10 Sep 2014

My big reveal as macro-economics analyst: It's a load of COBBLERS

Worstall @ the Weekend Welcome to the first Worstall at the Weekend, where I get to spout off on whatever I jolly well please: where the aim is to leave something at least potentially gravid with further thought and discussion rather than that sterile deposit one ends up with inside the barber's weekend supplies. Which brings us to the discussion of …
Tim Worstall, 24 Aug 2014