Articles about Revenue

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Toshiba may sell silicon biz to contain fallout of nuke plant problems

A troubled nuclear power station strategy in the USA has Toshiba considering the partial sale of its Japanese semiconductor business. Nikkei (in Japanese, here) names Western Digital as a potential buyer along with several investment funds. The company hopes to get between US$1.77 and $2.65 billion for a 20 per cent stake in …
People party in a nightclub. Photo by Shutterstock

WANdisco stuffs IBM-boosted deal cash wads into its flared trouser pockets

WANdisco's OEM selling deal with IBM has brought home the Big Blue bacon with total bookings up 72 per cent year-on-year to $15.5m. The UK provider of Fusion replication software says it has enjoyed a business and revenue boost since IBM's sales force started selling its product to help enterprise customers send transactional …
Chris Mellor, 17 Jan 2017

Oracle crashes AWS and Azure UK cloud data centre party

Oracle will open a cloud region in the UK that's based in London and plans to have three data centres serving the region by mid-2017. The region will accompany others in Virginia and Turkey in a plan Oracle stated will double "the regional presence of its cloud platform in the last 24 months, with 29 regions available globally …

Nielsen, eat your heart out: TiVo woos admen with prediction engine

Analysis More data means better performance for advertising – at least on the digital side. Increasingly, marketers are looking to inject data-driven decision making into the “dumbest” box in the house: the TV set. “The whole television industry used to be based on age, gender demographics, in terms of television buying and planning,” …
Faultline, 16 Jan 2017

Calls for UK.gov's tax digitisation plans to be put on the back burner

The UK government's tax digitisation plan could be delayed by at least a year after the Treasury Committee exposed "serious shortcomings" with the programme. In 2015 Her Majesty's Revenue & Customs (HMRC) was awarded £1.3bn of digital investment over four years, which it said would yield £1bn in extra tax revenue after 2020 by …
Kat Hall, 16 Jan 2017
Cloud desktop

Cloud hardware spend hits US$8.4bn/quarter, as traditional kit sinks

Abacus-shuffling outfit IDC has updated its Worldwide Quarterly Cloud IT Infrastructure Tracker with sales data for Q3 2016 and predictions for spend in 2017. In 2016's third quarter the firm says “vendor revenue from sales of infrastructure products (server, storage, and Ethernet switch) for cloud IT, including public and …
Simon Sharwood, 16 Jan 2017
gushing fire hydrant, photo via Shutterstock

Samsung fans flames of burning Galaxy Note 7 mystery

Samsung's figured out why its Galaxy Note 7 phablets burned up the mobile phone market last year, but won't say why until next week. The Register hailed the Galaxy Note 7 as the world’s best Android phone after fondling a pre-release unit in early August 2016. Four weeks later, when actual product hit the market, reports …
Simon Sharwood, 16 Jan 2017

Pirates, pirates, whatchu gonna do? Advertisers cop a visit from PIPCU

Knock knock. Who's there? This Wednesday, officers from the City of London Police's Intellectual Property Crime Unit (PIPCU) trying to get your advertising agency to stop helping pirate sites generate revenue. Eight organisations – from influential brands, through to advertising agencies and ad networks – got a polite visit …
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Hadoop hurler Hortonworks votes Tibco veteran for president

Hortonworks has named Raj Verma as its new president and chief operating officer in the latest of a string of shakeups designed to reinvigorate the Hadoop business following sliding sales. The Santa Clara-based business announced the departure of its former president, Herb Cunitz, alongside its second-quarter results last year …

Drone company fails to take off, tells pre-orderers: You can have your $34m back

Lily Robotics, which three years ago set out to create a flying camera, is shutting up shop and returning $34m to customers who had placed pre-orders. The firm announced yesterday that it had conceded defeat in its race against the "clock of ever-diminishing funds" despite the capital raised for the $899 camera-copter. Lily …
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
Parliament photo by Shutterstock

Big tech's grip loosens on UK.gov IT spend

UK government IT spending is still dominated by a few big suppliers – but they are losing some of their grip, according to publicly released data and Freedom of Information responses covering five of the biggest-spending organisations. Last year, the Cabinet Office said the three biggest IT suppliers across central government …
SA Mathieson, 13 Jan 2017
The Japanese pulsar-snooping balloon

A deduping backup target startup going public – who'd a thought it?

Exagrid, whch produces deduping disk backup target arrays, announced record revenue for the fourth 2016 quarter; its 12th,consecutive cash-positive quarter. It grew double digits over the previous quarter and same quarter of the prior year as well as for the full year of 2016 over 2015. The company wants to increase the …
Chris Mellor, 12 Jan 2017

Brexit contributes to backup appliance sales fall

EMEA geography purpose-built backup appliance sales shrank 9 per cent annually in the third 2016 quarter, through there were pockets of growth. IDC's Worldwide Quarterly Purpose-Built Backup Appliance Tracker reveals that capacty shipped grew 23 per cent to 237PB over the same period. The report says vendor revenue in Western …
Chris Mellor, 12 Jan 2017
Vikings. Credit: History Channel.

Dell EMC lifts the post-acquisition axe, swings

Dell Technologies' 140,000 staffers have been wincing in anticipation for the expected 2,000-3,000 layoffs after the $67bn EMC acquisition completed, and now the wait is over. The axe is swinging and heads have begun to roll. A person close to the events told us: "Almost 80 people have been terminated from the Hopkinton …
Chris Mellor, 12 Jan 2017
ransomware

Kerching! That's the sound of Barracuda customers feeling the ransomware fear

Barracuda's business grew a little faster as customers continued moving to the public cloud and ransomware scared them into securing their emails. Third quarter fiscal 2017 revenues were $88.8m, a good 10.9 per cent uptick on last year, and a 1 per cent increase sequentially. Net income was $1.8m, 2 per cent of its revenues, …
Chris Mellor, 11 Jan 2017

For Fark's sake! Fark fury follows 5-week ad ban for 5-year-old story

The owner of Fark.com is furious at Google and wants it to reimburse him for five weeks of lost ads – thanks to a five-year-old story that featured a picture of a girl wrongly believed to be underage. Drew Curtis has taken out his anger in a blog post on the long-running news aggregation website, having been overwhelmed with …
Kieren McCarthy, 11 Jan 2017
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Rackspace enters tipping-point year with newly minted sales chief

Rackspace support manager Jeff Cotten was Tuesday named company president, halving the workload of the now single-jobbed chief executive Taylor Rhodes. Newly private Rackspace has promised more professional services in support of public clouds and VMware as it enters a tipping point year. Cotten, with Rackspace for eight …
Gavin Clarke, 10 Jan 2017
Crazy inventor, image via Shutterstock

Soz fanbois, Apple DIDN'T invent the smartphone after all

iPhone at 10 Apple didn’t invent the smartphone. The iPhone wasn’t as good as many of the other phones the likes of Nokia, Sony Ericsson and Motorola were selling to the mobile networks. The real breakthrough was that Apple circumvented the buying process. There has always been a battle between the mobile phone networks and the handset …
Simon Rockman, 09 Jan 2017

That's the way the Cook, he stumbles: Apple CEO pay cut as sales tank

Peak Apple With Apple revenues down, and the normally docile tech press finally turning on the iPhone maker, top executives at the Cupertino giant – including CEO Tim Cook – took a pay cut in 2016. In its annual filing with the SEC, Apple Inc reported that its CEO was hit with a 15 per cent pay cut last year. Steve Jobs' protege logged …
Shaun Nichols, 06 Jan 2017

Splunk: Why we dumped Perforce for Atlassian's Bitbucket of Gits

Analysis Kurt Chase, director of engineering services at Splunk, is effusive about Atlassian's Git-based Bitbucket but doesn't have a lot of nice things to say about jilted source control system Perforce. As it turns out, Perforce has a rather jaundiced view of Git as a way to manage software. But more on that later. Two years ago, …
Thomas Claburn, 06 Jan 2017

Apple's CEO Tim Cook declines invitation to discuss EU tax ruling with Irish parliament

Tim Cook has turned down an invitation to appear before the Irish parliamentary finance committee to offer his thoughts on the EU's ruling over Apple's tax affairs with the nation. Last year, the European Commission ruled that tax arrangements between Ireland and Apple were in breach of the EU's state aid laws. It said the …
Some of the Super Pressure Balloon. M. McCarthy, submitted to the ABC

2016 – the year 3D XPoint came down to earth from Planet Hype

Storage Review in 2016 Storage in 2016 saw its on-premises SAN/filer array heartland assaulted by the public cloud on the one hand, and hyper-converged and software-defined storage on the other. The now-classic dual-controller disk array went hybrid to keep storing primary data, but all-flash arrays are taking on that role and so the hybrids went …
Chris Mellor, 05 Jan 2017
Migrating birds in the cloud

AWS chief: Tens of thousands flocking from database rivals

AWS's database migration service (DMS) is storming along according to its head Andy Jassy, who offered a rare data point on the company's development last week. Jassy took to Twitter to boast that Amazon Web Services had facilitated 16,000 database migrations last year, since launching on 15 March. 2,000 of those migrations …

Those online ads driving you bonkers are virtually 'worthless for brands'

One dollar of online display advertising will buy you approximately $0.03 worth of actual ads seen by real people, according to Bob Hoffman, a partner in media consultancy Type A Group. Hoffman, who used to run the Hoffman/Lewis Advertising agency, is well known for his skepticism of online ads, a view that has found some …
Thomas Claburn, 03 Jan 2017
Surprise VR googles photo via Shutterstock

Lenovo shows off 'Microsoft-friendly' VR cosplay at CES

CES 2017 The PC market may be flaccid but Lenovo is taking a punt on virtual reality headsets with Microsoft. Lenovo used CES in Las Vegas, Nevada, to show off prototype headgear that'll supposedly work with Microsoft's Holographic platform. We say "supposedly" – gadget-press reports say Lenovo's device isn't actually working yet. …
Gavin Clarke, 03 Jan 2017
13 inch telescope Spaceguard Center, photo: Spaceguard Center

HPE bucks trend to retain high-end server crown

IDC bean-counters saw strong high-end server revenue growth in the third quarter high-performance technical computing market but revenue falls in low-end sysyems. HPC server sales growth contrasts with the decline in the overall world-wide server market, which IDC says shrank by 7 per cent to $12.5 Bn in the year since the …
Chris Mellor, 30 Dec 2016
Qualcomm

Qualcomm faces $853m fine for alleged antitrust violation

US chip giant Qualcomm is to face a fine of $853m (£696m) for alleged antitrust violations by South Korea's top regulator. The Korea Fair Trade Commission today reached the decision after a three-year probe of Qualcomm, finding that some of the company’s business practices have violated Korean competition law. The fine is the …
Kat Hall, 28 Dec 2016
Dr Strangelove bomb

ClusterHQ? More like Clusterfscked: Cluster bombs, says it came to market too early

Preempting cheap shots at his company's failure, CEO Mark Davis on Thursday announced that ClusterHQ is shutting down with a single, unassailably apt headline: "ClusterF***ed." We couldn't have said it better ourselves at The Register. Our job is done, or nearly. Given how rare it is that a technology company commits the …
Thomas Claburn, 23 Dec 2016
The_incredible_hulk

Splunk slam dunk as FC SAN sunk by NVMe hulk

Case study Apeiron has had its Splunk processing speed advantage confirmed by ESG. Big deal. So what? The deal is that Splunk was built as a distributed and scale-out Big Data ingest and search engine running across multiple servers each with their own storage, providing real-time access to data analytics. Because data sets grew, ESG …
Chris Mellor, 23 Dec 2016
Uber moving its self-driving cars via self-driving truck

Uber's self-driving cars get kicked out of SF, seek refuge in Arizona

Analysis The California Department of Motor Vehicles (DMV) on Wednesday revoked the registration of 16 self-driving Uber vehicles, sending a signal to the regulation-averse startup that the agency is not to be publicly defied. Privately, it appears to be a different matter. Uber's subsidiary Otto has been, by its own admission, testing …
Thomas Claburn, 22 Dec 2016

Big Sphere 3D shareholder tosses activist letter in firm's lap

+Comment Cyrus Capital Partners, a major Sphere 3D shareholder, has filed a highly critical public letter calling for a full restructuring of the company to fix "cost" and "under-performance" issues. Sphere 3D is the aggregation of Overland Storage, Tandberg Data tape and disk data protection products, Snap storage products and …
Chris Mellor, 22 Dec 2016
Are you being served?

NAND, fab-ulous NAND, price rises make DRAM a cash cow

Happy days for Micron, it seems. Its first fiscal 2017 quarter results were lifted by high demand and price rises driven by supply constraints. The market wanted more DRAM and NAND bits than the firm's fabs could ship and DRAM prices went up. Revenues of $3.97bn were 18.5 per cent higher than a year ago and 23 per cent upon …
Chris Mellor, 22 Dec 2016

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
troll

Apple sues Nokia's pet patent trolls

Apple on Tuesday filed an antitrust lawsuit against Acacia Research Corporation and Conversant Intellectual Property Management, alleging that the two "patent assertion entities" have colluded with Nokia "to extract and extort exorbitant revenues unfairly and anticompetitively from Apple" and other companies. The lawsuit comes …
Thomas Claburn, 21 Dec 2016
Black hole

Storage marketing guru ups and leaves CTERA ... for whom?

A storage marketing guru has left security-focused, file services cloud storage gateway CTERA for a mysterious big data startup led by an ex-XtremIO techie. Marketing movers and shakers are bound to move and shake – just recently, CTERA took on a new marketing SVP, Tom Grave, from Catalogic. Grave had been Catalogic’s VP of …
Chris Mellor, 21 Dec 2016

Turns out there's a market for marijuana... plants' video surveillance

Analysis Pot plant surveillance cameras in a Colorado marijuana farm feeding Quantum’s StorNext multi-tiered and scale-out, file virtualisation and data services software with video footage show the substantial market changes to which Quantum is having to adapt. CEO Jon Gacek told a visiting press crew in December: “I feel like the …
Chris Mellor, 21 Dec 2016

BlackBerry sees a rainbow just around a corner

BlackBerry, finally able to describe itself as a “a software company and the market leader in mobile security”, posted a $117m GAAP net loss on revenue of $289m today. But sunnier times are ahead, CEO John Chen told investors. The company expects to achieve non GAAP profitability for the full financial year (which ends …
Andrew Orlowski, 20 Dec 2016
man crying, image via Shutterstock

Back up a minute. So you're saying they're buying fewer appliances?

Glory days... not really. IDC sees the purpose-built backup appliance (PBBA) market shrinking in the third 2016 quarter, by almost 8 per cent on an annual basis, to $737.5mn. This is the market dominated by Dell EMC’s Data Domain products. And it seems to be affected, like storage arrays, by an enterprise buying slowdown. The …
Chris Mellor, 20 Dec 2016
Cash in brown paper envelope CC 2.0 attribution StockMonkeys.com

Bank IT exec jailed after pleading guilty to taking bribes from ServiceMesh

A former IT executive from Australia's Commonwealth Bank (CBA) has been jailed for taking bribes from software company ServiceMesh. Keith Robert Hunter has been sent down for three and a half years and will serve at least two years and three months, for dishonestly causing financial disadvantage by deception. Hunter initially …
Simon Sharwood, 20 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
empty_pockets_648

Beeb flings millions more £s at Capita for telly tax collection

El Reg can confirm that two things Brits love will be paired together for another couple of years - the Beeb has again extended Capita's telly tax collection contract. The original deal was signed in 2002 for £500m, and renewed in 2012 for eight years at a cost of £560m. Today it emerged the agreement will now stretch until …
Kat Hall, 19 Dec 2016
Kirk and Spock fight

Startup grind is over: Now Primary Data must compete with storage giants

Analysis Startups arrive with fanfares of new tech and product surprise and then face the long grind to grow their business to newsworthy market status while adding bells and whistles to the basic product. Getting the first product out of the door is a validation of all the technology trend analysis and development struggle involved in …
Chris Mellor, 19 Dec 2016

You can't trust news on Facebook – and (once again) you can't trust its web ad metrics

Amid its efforts to get out of the business of fake news distribution and to identify the fake accounts said to represent 2 per cent of its 1.79 billion monthly active users, Facebook for the fourth time in recent months is correcting erroneous advertising metrics. In a December 16 update to a December 9 post declaring that it …
Thomas Claburn, 19 Dec 2016
Hunter photo via Shutterstock

Oracle finally targets Java non-payers – six years after plucking Sun

Oracle is massively ramping up audits of Java customers it claims are in breach of its licences – six years after it bought Sun Microsystems. A growing number of Oracle customers and partners have been approached by Larry Ellison’s firm, which claims they are out of compliance on Java. Oracle bought Java with Sun Microsystems …
Gavin Clarke, 16 Dec 2016

Cloud-happy Oracle dodges rumors it is axing its traditional hardware ... as sales of traditional hardware fall

Oracle is once more waving around its cloud revenue figures in response to another quarter of falling hardware sales. This ongoing drop in traditional hardware revenue comes as Oracle tries to shake off rumors that it will be winding down its on-premises system divisions from January. Speculation is rife on anonymous internet …
Shaun Nichols, 16 Dec 2016
Rupert Murdoch pictured in 2014. Pic: Shutterstock

Murdoch's 21st Century Fox agrees £18.5bn Sky takeover deal

British broadcaster and phone service provider Sky is to be bought by Rupert Murdoch’s 21st Century Fox for £18.5bn, according to reports. The price reflects a valuation of £10.75 per share, according to Reuters, who, along with the BBC, claimed that some investors were unhappy with the valuation but did not go into specifics …
Gareth Corfield, 15 Dec 2016
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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
Money falling, image via Shutterstock

.biz, .us, .co master Neustar grabbed by the privates in $2.9bn deal

Neustar has agreed to sell itself for $2.9bn to a San Francisco-based investment firm, taking the public company private. The company's board voted unanimously to approve the offer from Golden Gate Capital that will see it pay $33.50 a share – a premium of 45 per cent from the date when it first disclosed a financial interest …
Kieren McCarthy, 14 Dec 2016
Geometric_Objects

IBM makes clever, safe acquisition, swallows object storage market

IDC has updated its object-based storage marketscape to show IBM has leapt to a chart-topping position through buying Cleversafe. Scality is second. Dell EMC has hustled up the charts to third place, pushing most other players down the rankings. The IDC analysts see “a standardisation and integration of the Amazon S3 and …
Chris Mellor, 14 Dec 2016