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Interactive Ideas

Interactive Ideas puts 10 staffers on redundancy watch, exits retail software

Distributor Interactive Ideas has placed a small batch of staff at risk of redundancy as it jettisons the retail software biz to concentrate wholly on enterprise software and licensing. Seven years ago retail software represented 80 per cent of Interactive's total turnover but has fallen to just 7 per cent this year, said Mike …
Paul Kunert, 04 Sep 2012

Fear not, posh tech tarts! Selfridges' Apple concession still open despite selloff

The Apple retail concession in posh London department store Selfridges has been sold to Ireland's largest Apple Premium Reseller, giving it a ready-made route into the wallets of rich Arabs the wealthy elite. Directors at Square Group last week sold the B2B operation to Nottingham-based Jigsaw24, which is run by channel veteran …
Paul Kunert, 30 Jun 2014

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
LIDL's soft toy showing circular saw blades

Aaah, what's that smell, Nook? Yes, it's death: Barnes & Noble to jettison e-book biz

Barnes & Noble has announced plans to spin off its floundering Nook e-book business as its revenues continue their long decline. On Wednesday, the bookseller reported retail revenues of $956m for the fourth quarter of its fiscal 2014, more or less flat from the year-ago quarter. Meanwhile, revenues from the Nook division were …
Neil McAllister, 25 Jun 2014

Tablet-types drive demand for all-in-one desktop PCs

More than a third of desktop computer sales in Britain are all-in-one machines, up from a quarter during the first half of the year. So says local market-watcher GfK, which noted a sudden jump in over-the-counter sales of AIOs in August and September. AIOs grew by 27.4 per cent in sales value, driven by a 6.5 per cent increase …
Tony Smith, 14 Nov 2013

Amazon Reveals One Weird Trick: A Loss On Almost $20bn In Sales

Gigantic retailer Amazon grew sales 23 per cent, year on year, in its second quarter of 2014 – and managed to lose even more money than usual. The e-retailer and cloud giant reported an operating loss of $0.27 per share on Thursday on revenues of $19.34bn for the three-month period, compared with analyst expectations of a loss …
Jack Clark, 24 Jul 2014
Barnes & Noble Nook Simple Touch with Glowlight

Didn't get a Nook for Xmas? That's OK, hardly anyone else did, either

The fortunes of Barnes & Noble's Nook division have gone from bad to worse, with the ebook group reporting plummeting revenues over the holiday period. The bookseller said on Thursday that the Nook unit's sales for the nine weeks ending December 28 were down 60.5 per cent from the same period a year ago. Newly minted Barnes & …
Neil McAllister, 09 Jan 2014
Jeff Bezos

Jeff Bezos reveals Amazon's brutal scale in annual letter

Amazon's mercurial chief executive Jeff Bezos is equal parts John D Rockefeller and Henry Ford, judging by his annual letter to shareholders. In the letter, which was published on Thursday, Bezos took investors "on a tour that samples a small subset of [Amazon's] various initiatives". What this makes clear is that Amazon is …
Jack Clark, 10 Apr 2014
Peter Jones, Dragon's Den star

Dragons' Den Jones' etail biz Expansys back in the red

If mobility etailer Expansys were to be put in front of majority shareholder and Dragons' Den badboy Peter Jones in its current guise, his response may be something along the lines of "I'm out". Dragged down by its online retail shop, sales at the AIM-listed outfit fell 14 per cent to £93.2m, as profits before tax of £1.5m were …
Paul Kunert, 30 Jul 2013
Expansys

Dragons' Den badboy's Expansys burns sales, profits up in smoke

Marlow-based online smartmobe dealer Expansys - owned by Dragons' Den moneybags Peter Jones - issued a profit warning this morning citing weaker-than-expected trading conditions. The AIM-listed wireless tech web retailer, which also distributes SIM cards for mobe networks and operates ecommerce and other software projects on …
Paul Kunert, 21 Mar 2013

Guess who PC-slaying tablets are killing next? Keyboard biz Logitech

The industry shift to slabs didn't just catch out major PC makers: peripherals builder Logitech also found life hard going, judging by the amount of red ink scrawled over its Q4 2012 financial figures. The mouse, keyboard and speaker tech purveyor reported operating losses of $37m for Q4 (ended 31 March), including $16m in …
Paul Kunert, 25 Apr 2013
Prison window

Gambling addict IT boss gets 7 years' porridge for £19m swindle

An IT boss who defrauded his employer of close to £19m to help fund a crippling gambling addiction has been sent down for a seven-year prison stretch. Jonathan Revill pleaded guilty to four charges of fraud and one of transferring criminal property at Leeds Crown Court. The court heard that he had used his position at …
Jasper Hamill, 22 Aug 2013
The Register breaking news

Oz telco competition still lagging

The Competitive Carriers Coalition, lobby for non-Telstra telecommunications companies in Australia, is concerned that competition reform in Australia is losing steam. Releasing a study into the state of competition in the Australian market, the CCC had a long list of measures by which it says Australia's telecommunications …
Square Group new premises

The reshaping of Apple-cored Square: Leaving high street is a GOOD sign

It's a well-worn phrase that appearances can be deceptive, but when a flagship business disappears from public view after years on London's premier high street, most people would assume this isn't a sign of progress. Square Group new premises Square Group's new premises brings its three former buildings into one Yet when …
Bob Dormon, 18 Mar 2013

Dragons' Den badboy's biz Expansys is soaked in red

The recovery at Expansys - the consumer electronics etailer owned by Dragons' Den meanie Peter Jones - has proved shortlived. The wireless tech web seller and provider of mobile networks edged back into the black in fiscal 2012 ended April in spite of currency headwinds and hard up UK consumers. Sadly for Jones and other …
Paul Kunert, 14 Dec 2012
warehouse interior - wide aisle, big shelves

Systemax profits tumble as US punters keep wallets closed

Systemax CEO Richard Leeds said he's disappointed by calendar Q1 numbers as profits fell by almost 50 per cent due to flagging US consumer electronics sales. The group - which operates the Misco and WStore brands in Europe, and Tiger Direct, Circuit City and CompUSA stateside - saw turnover slide one per cent year-on-year to $ …
Paul Kunert, 02 May 2012
The Register breaking news

Sainsbury's pays £1 entrance, heads into ebook club

British grocery chain Sainsbury's has entered the ebook market by snapping up HMV's stake in Anobii for a nominal £1. The retailing group said that slurping HMV Group's share and investing in the business would mean it ends up with a 64 per cent stake in Anobii, which is styled as a social network for book readers as well as an …

SanDisk revived by Apple juice after first half bloodbath

SanDisk is continuing its climb back to health after the first half horror show, with revenues and profits both recovering well. The numbers: revenues for the final 2012 quarter were $1.54bn, just 2.3 per cent down on the last 2011 quarter but a satisfying 21 per cent up on the third 2012 quarter - cue big sighs of relief. …
Chris Mellor, 28 Jan 2013
The Register breaking news

BlackRock takes $NZ250m taste of Telecom NZ

New York investment giant BlackRock Inc has stepped into the New Zealand telecos market taking a five per cent stake in Telecom New Zealand. The $NZ250 million stake was revealed on Friday via a stock exchange filing and involved 96 million shares built up through 16 subsidiaries. BlackRock is now part of the top five largest …

Red-soaked Systemax kills Euro jobs and US PC factory

US giant Systemax is shuttering its PC factory and axing the CompUSA and Circuit City brands. The reseller, which also runs Misco.co.uk, signalled it will cut its workforce in Europe after ploughing into the red in Q3 2012. The New York-listed biz delayed reporting its latest financial results on Monday as Hurricane Sandy …
Paul Kunert, 02 Nov 2012
The Register breaking news

Kiwi carrier heads to court over split

Telecom New Zealand has attracted the wrath of competition watchdog, the Commerce Commission over the carrier’s plans to structurally separate. The Commerce Commission will issue court proceedings against Telecom NZ claiming that the company has failed to meet government regulations on non-discrimination under its current …

Amazon chops EC2 virty server prices – again

The dance of Cloudy Server Limbo continues, with Amazon Web Services, the cloud computing subsidiary of e-tailing giant Amazon.com, lowering the broomstick a little closer to the floor and dancing under it with lower EC2 compute-cloud prices. Specifically, on Tuesday AWS cut prices on compute capacity that customers reserve …
server room

C&W flogs US retail voice biz

ComputerWire: IT Industry Intelligence Cable & Wireless Plc plans to sell its US retail customer base to a subsidiary of Primus Telecommunications Group Inc for $32m, as part of the restructuring of its US operations to focus on data and internet services. Subject to approval by relevant regulatory authorities in the US, the …
ComputerWire, 17 Sep 2002
Bezos headshot

AWS cloud growing three times as fast as dot-comming Amazon

Retailing giant Amazon runs AWS as a subsidiary at arm's length and in a somewhat stealthy manner at that. Having AWS be a little removed from Amazon is necessary because Amazon often competes with some of the companies that want to host applications on its cloud, and the stealth is just a way for AWS to preserve some mystique …
The Register breaking news

BT ditches plans to split business

BT has ditched plans to break-up its business - for the time being at least. In November last year the monster telco announced it was looking to split its networking and retail business in a bid to overcome increased regulatory pressure from telecoms regulator, Oftel. Partial sell-offs would also help generate much needed cash …
Tim Richardson, 09 Oct 2001

Amazon creates exchange for reserved cloud capacity

Amazon has announced a new program that aims to save you from your own stupidity. Well, maybe not your stupidity, but what about that other sysadmin, the one who makes you roll your eyes from time to time? You know the guy. When you run a compute cloud, the stupidest thing you – or that other guy – can ever do, from a sunk …
The Register breaking news

Software Warehouse's old retail chain shuts doors

One Stop Computer Solutions, formerly Software Warehouse's retail business, has fallen into administrative receivership four months after Jungle.com boss Steve Bennett offloaded the business. All 30 shops at the Midlands-based business are currently closed, and more than 150 staff are believed to be affected. Martin Hall and …
Linda Harrison, 08 Aug 2000
The Register breaking news

Aus regulator seeks tweaks to Telstra NBN plan

Australia’s competition regulator has pushed a pawn in the telco regulation chess match, soliciting industry comment on Telstra’s first draft of its structural separation regime. In issuing its 200-page-plus discussion paper ,the Australian Competition and Consumer said its “preliminary view” is that the current undertakings …
The Register breaking news

EC consults on low take-up of e-commerce

The European Commission has asked retailers, governments, telecoms companies and the public to help it to understand why e-commerce has had such a limited effect on trade in Europe. The Commission has launched a consultation process aimed at understanding why, 10 years after the E-Commerce Directive was passed, e-commerce retail …
OUT-LAW.COM, 13 Aug 2010

Skytap fires up Hadoop data-chewer as cloud crash-test dummy

Hadoop might be a popular tool for munching on unstructured data, but setting up and tuning the software requires a lot more expertise than many people have and it takes a lot of time, too. That makes it a perfect piece of software to put on a cloud, provided you can either generate your data there to begin with or pipe it over …
Targeted Spam

Ever had to register to buy online - and been PELTED with SPAM?

Spam has been a fact of life, on a par with death and taxes, for many years now. To be blunt, spammers don’t particularly care about us. They don’t have any sense of reason or shame that we can appeal to, and they have no incentive to be accommodating. We’re not their customers. In fact they make their money from selling us, not …
Dave Mandl, 02 Jan 2013
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Vodafone and CPW set for big thaw

The three year Cold War between Vodafone and Carphone Warehouse could break this week, weekend reports claimed. The UK's biggest mobile operator and the UK's biggest mobile retailer fell out back in 2006, when Vodafone struck an exclusive reselling agreement with Phones4U covering contract phone sales. CPW continued to sell …
Joe Fay, 08 Jun 2009
The Register breaking news

BT shake-up to save business (touch wood)

BT today announced a widescale re-organisation which it prays will turnaround the fortunes of this ailing corporate giant. The company is to be split in two, creating a new business called "Future BT" which will concentrate on the telco's European network and retail business. At its heart will be BT's operations BT Retail, …
Tim Richardson, 10 May 2001
The Register breaking news

Telecom NZ fibs to govt over network assets

The New Zealand government’s Commerce Commission has rejected Telecom New Zealand’s annual financial statements for the year to June 2010, dismissing them as “unreliable.” The Commission has found that the carrier has inflated the value of key assets, chiefly overvaluing Telecom NZ’s access network by more than a billion dollars …
The Register breaking news

Carphone's Q3 fails to please investors

CarphoneWarehouse said today that trading in the third quarter was towards the top end of expectations and it is on track to split the company into two. But the markets weren't impressed - CPW shares are up only half a percent, admittedly on a falling market. The company said it expects revenues from TalkTalk to grow 29 per …
John Oates, 19 Jan 2010
Flag United Kingdom

BestBuy blasts into UK with Carphone Warehouse buy

Carphone Warehouse is selling a 50 per cent stake in its mobile phone retail business to US electronics retailer BestBuy, setting the stage for a heavyweight fight in the UK's retail electronics market. The deal will bring CPW £1.1bn in cash, enough to sort out its debt problems and could leave enough in the till to buy Tiscali …
John Oates, 08 May 2008
The Register breaking news

Beyond $1bn: Why Red Hat is a one off

Some of the industry's smartest prognosticators, like Redmonk's Stephen O'Grady and inveterate free software advocate Glyn Moody, have questioned the likelihood of a billion-dollar open-source software vendor. But in its most recent earnings call, Red Hat, the industry's leading open-source company, promised to surpass this goal …
Matt Asay, 29 Mar 2011
channel

Recession ending for Western Digital

Western Digital results for its fourth fiscal 2009 quarter are signalling the possible end of the recession in the hard disk drive market, and it is poised to overtake Seagate in unit drive shipments. World number 2 hard disk drive manufacturer WD saw fourth quarter revenues of $1.928bn, down 3 per cent from the previous year's …
Chris Mellor, 29 Jul 2009
The Register breaking news

Cost the key factor in pushing business to open source

Major businesses could well be poised to embrace open source software, with cost, control over development and "an alternative to the status quo" being prime considerations, according to survey data released today by OpenForum Europe. OpenForum, which aims to accelerate the deployment of open source software in business and …
John Lettice, 12 Mar 2002
Best Buy logo

Best Buy helps Apple put an iPhone under every tree

Best Buy next month becomes the first “independent” US retailer to start selling the iPhone, as Apple looks to establish the shiny device as this year’s tickle me Elmo. The electronics store giant will start stocking the Jaysusfone in around 970 stores from September 7, Reuters reports, at price points of $199 and $299. iPhone …
Joe Fay, 13 Aug 2008
homeless man with sign

eMachines founder offers $450m for... eMachines

China-born tech entrepeneur and eMachines founder Lap Shun Hui has confirmed he is offering $450m for Gateway's retail business. Gateway said today it is reviewing an unsolicited expression of interest from Hui. An approach was first made 3 August, but Gateway did not "constructively engage in discussions", according to Hui's …
chart

Seagate loses $3bn in a year

Seagate lost $3.09bn in its fiscal year to the end of June, with revenue plummeting 23 per cent to $9.8bn. In its final 2009 quarter it lost $81m, on revenue 19 per cent down at $2.35bn, compared to a profit of $160m a year ago. The bare numbers are horrible but the outlook is much better. The company spent $106m on …
Chris Mellor, 22 Jul 2009
The Register breaking news

Eircom warned over 'discriminatory' conduct

Eircom has got a slap on the wrists from ComReg after the regulator found that the operator was favouring its own retail business over other operators. The warning came after a ComReg investigation found that the incumbent operator was favouring its retail division when it came to customers moving premises but retaining their …
Ciara O'Brien, 26 Jul 2007
channel

DSGi crosses fingers on new store format

Struggling retailer DSG International (DSGi) is hoping the overhaul of its computer and electrical barns will help turn its fortunes around after it was hit with an unfavourable tax ruling by HMRC. The company said today that its new store formats for Currys and PC World in the UK pulled in gross profits between 15 per cent and …
Kelly Fiveash, 03 Mar 2009
The Register breaking news

Up to 80,000 AOLers face the boot from Carphone network

Carphone Warehouse's ongoing network integration prompted by its purchase of AOL's broadband business in 2006 could spell trouble for tens of thousands of customers, CEO Charles Dunstone warned today. In the firm's Q2 trading update, he said: "We have successfully migrated over 1.3m AOL customers: a further 80,000 customers, …
The Register breaking news

BT profits hit by Global Services

BT saw its profits for the first quarter ended 30 June 2009 hit by continued poor performance at its Global Services division. Group revenues grew by one per cent to £5.24bn, although this was actually a three per cent fall when currency movements are factored in. EBITDA was £1.3bn and profit before tax was £272m, compared to £ …
John Oates, 30 Jul 2009
DSG logo

DSGi profit plummets 30%

DSG International (DSGi) saw annual profit tumble 30 per cent today, after the struggling electrical retailer was forced to cut prices to shift stock amidst a tightening of consumer spending. The firm, whose stores include Currys and PC World in the UK, Elkjop in Nordic countries and UniEuro in Italy, reported pre-tax profit and …
Kelly Fiveash, 26 Jun 2008
The Register breaking news

Execs back $2.4bn Eircom buy-out

The former head of BT's giant retail business in the UK is set to take a top job at Eircom after the Irish incumbent announced today that it is backing a $2.4bn (£1.64bn) bid for the business. Pierre Danon, the former chief exec of BT Retail, is due to become chairman of the Eircom once the deal is completed. In an …
Tim Richardson, 23 May 2006
Dixons

Dixons admits 'it's even worse than you thought'

DSGI will overhaul its PCWorld computer barns and slash its fleet of High Street shops as part of a turnaround plan revealed the same day it admitted sales have gone into reverse at its computer retail business. The dire condition of the electronics giant's business was underlined by the company's decision to halve its …
Joe Fay, 15 May 2008
The Register breaking news

TalkTalk getsgets newnew MDMD

TalkTalk - The Carphone Warehouse's retail phone business - has a new managing director after former boss Max Alexander left the firm to join Thomson Directories. New man David Thatcher joins from cableco NTL, where he has worked for the past four years, most recently as its head of consumer sales and marketing division. He's …
Tim Richardson, 17 Jan 2006