Articles about S Board

Apple logo. Pic: Blake Patterson

Apple Fools: Times the House of Jobs went horribly awry

Apple at 40 Today marks the 40th anniversary of Apple's official establishment. Since 1976, the House that Steves Built has pushed out some of the most beloved personal electronics products in the world. There will no doubt be plenty of articles waxing poetic on the many successes that have dotted the last four decades for the Cupertino …
Shaun Nichols, 01 Apr 2016

Sphere 3D keeps business ship afloat atop sea of red ink

+Comment Overland Storage's – oops, sorry – Sphere 3D's ability to walk on water, otherwise known as floating on red ink, continues unabated with its fourth quarter and full calendar year 2015 results. Tape and disk data protection vendor Overland Storage was bought by Sphere 3D in December 2014. Much has been made of its Glassware …
Chris Mellor, 01 Apr 2016

China wants a 'Go' at Google's DeepMind

A group from China says it wants to build an AI to challenge the Google DeepMind AlphaGo system. According to a Reuters and Shanghai Securities News report, the Chinese Association for Artificial Intelligence and the Chinese Go Association plan to challenge AlphaGo to a computer-versus-computer Go match. The report did not …
Shaun Nichols, 31 Mar 2016

Censor-happy China, battling Brazilians ... just what's left in the wake of ICANN's now ex-CEO?

Analysis Everyone wants to leave their job on a high, but so few manage it. One of those who tried so hard is Fadi Chehade, CEO of domain-name system overseer ICANN, who vacated the top role earlier this month. He has left a bit of a stink behind, thanks to his courting of the repressive Chinese government and disgraced Brazilian …
Kieren McCarthy, 22 Mar 2016

EMC mulled a Pure Storage buyout amid patent sueball tennis

Three months before EMC bought DSSD in May 2014, the storage goliath was thinking about buying Pure Storage. EMC even admitted in emails that its rival would always win out in head-to-head proof-of-concept de-dupe battles. This is according to internal emails disclosed during EMC's patent infringement lawsuit against Pure …
Chris Mellor, 22 Mar 2016

Euro Patent Office prez survives crunch talks – but pressure mounts

European Patent Office (EPO) president Benoît Battistelli has survived a meeting of the organization's administrative council, but remains under significant pressure to tackle growing unhappiness in his staff's ranks. Under a resolution approved by a majority of the 38 country representatives of the council, Battistelli was …
Kieren McCarthy, 17 Mar 2016
Bitcoin is the future of money CC 2.0 by Jonathan Waller

Reformed LulzSec hacktivist joins payments firm

Updated A payments firm has hired reformed LulzSec hactivist Mustafa Al-Bassam (formerly known as tFlow) for a new blockchain research project. London-based payments group Secure Trading has taken on Al-Bassam to help develop a platform that applies the verification benefits of blockchain technology in order to improve the visibility …
John Leyden, 16 Mar 2016
Grave Digger monster truck

Yahoo! recruits! two! more! pallbearers!

Two new members have been added to Yahoo!'s board of directors as the web biz continues to ponder its future. The Purple Palace announced on Thursday that former Morgan Stanley managing director Catherine Friedman and former Broadcom CFO Erik Brandt would take the seats vacated last year when Charles Schwab and Max Levchin …
Shaun Nichols, 10 Mar 2016

Strike! European Patent Office staff vote in their thousands for walkout

Staff at the European Patent Office (EPO) have voted overwhelmingly to strike for a third time in a direct challenge to EPO president Benoît Battistelli. Over 91 per cent of the 4,062 employees who voted on Tuesday were in favor of the strike, which was called in large part to protest continued disciplinary hearings against …
Kieren McCarthy, 08 Mar 2016
Close up of elephant family, including cute calf. Photo by Shutterstock

Sparks fly as HPE and Hortonworks hold hands for data mould

Hadoop spinner Hortonworks is tweaking Spark for bulky workloads with Hewlett-Packard Enterprise as part of a "new strategic direction." The pair declared a breakthrough in raising Spark's ability to shuffle data across a cluster - Spark currently comes with shuffle utilities, but the companies claimed they'd managed “faster …

Zynga CEO resigns – again – after terrible results

The CEO of mobile games company Zynga, Mark Pincus, has resigned – a second time – following bad results. The decision to replace Pincus with a veteran games industry exec is Groundhog Day for the troubled company after it did exactly the same thing in 2013. Back then, Pincus was replaced with former Electronic Arts exec Don …
Kieren McCarthy, 02 Mar 2016

European Patent Office still in nosedive as union denies reaching deal

The Staff Union of the European Patent Office (SUEPO) has denied it is prepared a sign a new memorandum of understanding (MoU) between it and the patent organization – saying the document still contains significant flaws. If true, the EPO – which examines and grants patent applications that are then applicable across Europe – …
Kieren McCarthy, 27 Feb 2016
management analysis3

Foxconn spikes six-billion-dollar Sharp scoff – for now

The $5.6bn takeover deal for Foxconn to buy Sharp is on hold after the ailing Japanese company passed new information to its potential buyers at the last minute. "Most of the contents of the material information Foxconn received on Wednesday morning, before Sharp's board meeting began on Thursday, had not been previously …
Iain Thomson, 26 Feb 2016
Leopard kill

WD CEO: We ain't getting Unisplendour's $3.8bn. But we'll buy SanDisk anyway

Western Digital is facing an investor revolt over its SanDisk buyout and has had the $3.8bn wad it expected from Unisplendour halted by the Committee on Foreign Investment in the United States. Unis (Unisplendour) is a Chinese corporation, owned by the Tsinghua Unigroup, that proposed to invest $3.8bn in WD thus getting a 15 …
Chris Mellor, 23 Feb 2016

Internet readies plan for final transition of power to dun-dun-derr... ICANN

A final transition plan for the top level of the internet away from the US government to non-profit California corporation ICANN (Internet Corporation for Assigned Names and Numbers) will be published next month. After a two-year process, the internet community will meet in Marrakech between 5 and 10 March, and is expected to …
Kieren McCarthy, 22 Feb 2016

Storage bunfight: Hazelcast says Gridgain faked benchmark result

In-memory software startup GridGain has denied an allegation by Hazelcast that it committed benchmark fraud. This comes after GridGain published benchmark data showing it is faster than Hazelcast, which is one of its competitors. Hazelcast CEO Greg Luck believes that the GridGain "tests were faked, illegitimate and …
Chris Mellor, 22 Feb 2016
Panic button

Imation owner to Violin: Talk now or it's (proxy) war

Happy weekend guys and let us in, or else it's proxy war. On Friday the Clinton Group and Imation, both stockholders of Violin Memory, sent a forceful letter to Violin's Board about the ongoing sale process and a need for dialogue. Imation is controlled by the Clinton Group. The two companies believe that troubled Violin …
Chris Mellor, 20 Feb 2016

Offers? Opera's board likes Qihoo, says shareholders should too

Opera's board has recommended its shareholders accept a Chinese consortium's buyout offer of $1.2bn, about 53 per cent above where it has recently been trading. According to an email sent to shareholders by Opera's board, board members are unanimously in favour of the deal. If completed, the buyout would see Opera gain access …
Toilet roll printed with fake US $100 bills

Imation: Data storage? No, come to us for, er, investment advice

Analysis Activist investor-controlled Imation is setting up an investment advisor subsidiary and putting $20m into an offshore investment fund controlled by the activist investor controlling Imation. In an 8-K SEC filing, Imation stated its management "approved a plan to establish a registered investment adviser as a wholly-owned …
Chris Mellor, 09 Feb 2016

Sir Michael Lyons tells .uk registry Nominet: Time to grow up

A long-awaited review into the future of .uk registry operator Nominet by former chairman of the BBC Trust has told the company it's time to grow up. Sir Michael Lyons' review [PDF] was completed and sent to Nominet's Board in October, but was only published Thursday along with the Board's response [PDF] to his 19 …
Kieren McCarthy, 05 Feb 2016

Layoffs! Lawsuits! Losses! ... Yahoo! is! in! an! L! of! a! mess!

Yahoo! is seeing matters go from bad to worse this week as the Purple Palace says it will be cutting 15 per cent of its staff and looking at possible sell-offs, all while writing off $4.4bn of business value. The former Jerry and David's Guide to the World Wide Web said that it would be axing staff and dropping products as …
Shaun Nichols, 02 Feb 2016

BDaaS ex-Facebook duo scoop $30m for big data biz

In Brief A pair of former Facebookers landed $30m in venture capital funding for their big data-as-a-service startup last week. Qubole closed its Series C financing last week with a $30m cash injection, bringing its total funding to $50m. The financing was lead by Institutional Venture Partners (IVP) who managed to wrangle a seat at …

Two big risks could torpedo Dell-EMC deal

+Comment The Dell-EMC merger deal, with EMC shareholders getting $33.15 per share, was announced on October 12 last year, when EMC shares traded up to $28.35 from September 29’s low of $23.13; they’d been rising since then on rumours of the deal. Now the EMC shares are worth $24.10. The deal involves EMC shareholders getting $24.05 …
Chris Mellor, 21 Jan 2016

Dialog box shut: Now Microchip is set to gobble up Atmel

Microcontroller gurus Atmel look set to be acquired by Microchip – and not by the UK's Dialog Semiconductor. Atmel, a $3.3bn business based in San Jose, California, designs and makes simple and low-power AVR, ARM and 8051-compatible chips for all sorts of electronic gadgets and gizmos. It is probably best known to people as …
Chris Williams, 15 Jan 2016

NYSE fed up of Violin's bum notes, threatens stock market ejection

Violin Memory is under notice of being delisted from the New York Stock Exchange because its stock price has been less than $1.00, on average, for 30 days. The company has said it will regain listing compliance. To be compliant with NYSE listing practice a stock’s average closing price has to be at least $1.00 over a 30-day …
Chris Mellor, 15 Jan 2016

Zes, zir, zank you, zir: Zerto zucks in 50 zillion zucks in zenture zapital

+Comment Startup Zerto has picked up $50m in a fifth round of funding. Zerto's main product is Zerto Virtual Replication which protects, migrates and recovers applications in cloud and private virtualized data centers; think of it, crudely, as the Veeam of replication. It also has a Cloud Continuity Platform to protect and move …
Chris Mellor, 13 Jan 2016

Wikimedia Foundation bins community-elected trustee

The Wikimedia Foundation has ousted a community-elected board trustee, whose seat now lies empty. At the same time, it has also appointed two hand-picked trustees for two other vacant spots: a former Google executive with a controversial record and a Mountain View CFO. These are just two changes that were announced quietly over …
Andrew Orlowski, 12 Jan 2016
Shouting match

What's going on with Desktop software body could lose domain

This time next week, one of the internet's rarest domains – the single-letter – is up for renewal. The multi-million-dollar address is home to a foundation that develops widely used GUI display software for Linux and Unix-flavored desktops. Now it faces an uncertain future. The foundation's board of directors entered …
Kieren McCarthy, 11 Jan 2016
Violin VIMM

Violin Memory's top dog snubs activist investors Clinton Group

Violin Memory's CEO has given the company's board a public pat on the back, snubbing activist investors as he does so. After the Clinton Group letter putting Violin's board on notice to sell the company well before the June AGM, threatening to put up three of its own nominees for board seats, Violin has issued a statement …
Chris Mellor, 11 Jan 2016

Clinton Group to Violin: What do we want? Sale. When do we want it? Allegro

+Comment Back in July last year activist investor the Clinton Group expressed its feelings about Violin Memory, saying: "If the Company's sales execution does not materially improve and our voice continues to remain unheard, we will have to seriously consider seeking the election of replacements to the Company's Board of Directors at the …
Chris Mellor, 11 Jan 2016

Jenkins issues code of conduct to keep rowdy automation fans in line

Jenkins has warned its more boisterous contributors that they face banishment from the automation server community if they fall foul of the code of conduct it finally got round to publishing this week. The project's board has consciously followed in the “footsteps of other projects like the Apache Software Foundation...and …
Joe Fay, 08 Jan 2016

Carbonite goes on exec hiring spree despite deepening losses

SMB backer-upper Carbonite has gone on an exec hiring spree. The company offers on-premises and cloud backup and is looking for a big boost in growth. Carbonite has hired: Christopher Doggett as SVP for global sales, coming from Kaspersky Norman Guadagno as SVP for marketing, hired from digital marketing agency Wire Stone …
Chris Mellor, 07 Jan 2016

Activist investors want tepid Yahoo! to reboot crashed Marissa Mayer

Updated Activist investors Starboard have joined calls for a management overhaul at Yahoo!, arguing the company is hemorrhaging cash under its leadership. In a letter to the company's board (PDF), the investors note that the past year has been "extremely frustrating" for shareholders, which has seen a "continued downward spiral of the …
Kat Hall, 06 Jan 2016
Get out the checkbook

Apple introduces new regime, hands more control to investors

Apple has introduced new rules to allow shareholders to nominate new board members, making it the latest company to cede greater control to investors. The "proxy access" bylaws, revealed in a regulatory filing, mean shareholders have greater power to oust directors and influence strategy. Under the new regime investors can …
Kat Hall, 23 Dec 2015

We Kidd you not: Ex-NetApp CTO Jay speaks his brains on storage tech

NetApp’s ex-CTO Jay Kidd has joined object storage supplier SwiftStack’s board and we had the opportunity to ask him some questions about his views on various technologies. We wondered how much his views now might differ from NetApp norms. So we went ahead, and here are the technology topics and Jay Kidd's views: Mainstream …
Chris Mellor, 17 Dec 2015
Mark Hurd and Safra Catz

Oracle, looks like your revenues were down. 'Cloud! Cloud! Look at the cloud!'

Oracle is pointing to continued growth for its cloud business as the bright side in a quarter that saw the enterprise giant drop revenues slightly, but still top Wall Street expectations. Big Red's fiscal 2016 Q2 numbers ending November 30 were as follows: Total revenues were $8.9bn, down 6 per cent from the $9.5bn haul over …
Shaun Nichols, 17 Dec 2015
You're fired dialog box

Help! What does 'personal conduct unrelated to operations or financials' mean?

POLL Help us out here readers: what on earth does “matters regarding personal conduct unrelated to the operations or financials of the Company” mean? We ask because that's the terminology F5 Networks has used to announce the departure of CEO, president and director Manuel Rivelo, effective immediately. Rivelo's successor is John …
Simon Sharwood, 15 Dec 2015

VMware backs out of Virtustream business

In a curt statement to the US Securities and Exchange Commission (SEC) 8K filing today, VMware killed the Virtustream venture it had proposed with parent EMC. The statement, by VMware CFO, COO, and EVP Jonathan Chadwick, said "VMware announced that it will not be participating in the formation of the Virtustream Cloud Services …
Chris Mellor, 14 Dec 2015

Silicon Valley's Congresswoman comes to the defense of Tor

Congresswoman Zoe Lofgren, who represents a big slice of Silicon Valley, has gone to bat for the anonymizing Tor service. In a letter [PDF] sent this week to the head of the Department of Homeland Security (DHS), Lofgren has asked some pointed questions about the role that the DHS played in a recent high-profile case where a …
Kieren McCarthy, 11 Dec 2015

Former NetApp chief chap boards board at storage upstart Cohesity

Dan Warmenhoven is joining Cohesity’s board to add his gravitas to the startup’s efforts to be seen as a major player. He was NetApp CEO from 1994 to August 2009 and then its executive chairman from then until April 2014. His replacement as CEO was his hand-picked successor Tom Georgens, who also became chairman in April 2014 …
Chris Mellor, 08 Dec 2015
Shop bargain sign

Who! would! want! Yahoo!? How! about! Verizon!?

With Yahoo! continuing to mull a possible sell-off of its core search business, Verizon has emerged as a possible buyer. Speaking at a conference in New York, Verizon chief financial officer Fran Shammo suggested his company might be interested in taking over some of the beleaguered Purple Palace's assets in the event Yahoo! …
Shaun Nichols, 07 Dec 2015
Titanic sinking

Off-key Violin Memory stuck on a bridge over troubled waters

Disaster! Violin Memory completely failed to report recovery-level third-quarter revenues. In fact things went from bad to worse at the Santa Clara storage biz. Sales in its third-quarter of fiscal 2016, ending October, amounted to $12.5m, 18 per cent lower sequentially and 42 per cent lower compared to the year-ago quarter's …
Chris Mellor, 03 Dec 2015
Internet engineering task force logo

IETF's older white men urged to tone it down

The IETF's meritocracy is the envy of the world of tech, but the venerable outfit has its share of shouting matches. That's led Narelle Clark and David Crocker to add to the anti-abuse debate with an informational RFC, RFC 7704, “An IETF with Much Diversity and Professional Conduct”. The two are respected voices in the …
Hillary Clinton

Another $75m for Datto as EMEA and APAC expansion beckons

Technology Crossover Ventures (TCV) has led a $75m B-round for cloud backup and biz continuity service/product supplier Datto, as it looks to expand its presence in the EMEA and APAC regions. Datto provides backup, recovery and business continuity products used by thousands of managed service providers around the planet. It …
Chris Mellor, 20 Nov 2015

VMware cofounder and CEO Diane Greene to run Google's cloud

VMware cofounder and CEO Diane Greene is to head all of Google's cloud efforts. Alphabet's ads-and-cloud subsidiary announced Greene's new gig today, anointing her leader of “... a new team combining all our cloud businesses, including Google for Work, Cloud Platform, and Google Apps.” She's already on Google's Board, and has …
Simon Sharwood, 20 Nov 2015
Photo by Charles Chan

Alibaba presses 'play' on multi-billion video host buy

China's Alibaba is going to sling roughly US$3.67 billion at the country's “YouTube equivalent”, Youku Tudou, to buy a half-billion video clicks via the 80-plus per cent of the company it doesn't already own. The South China Morning Post says the Middle Kingdom's “largest online video services provider” will be taken private …

Whitman's split: The end of Fiorina's HP grand expansion era

Hewlett Packard became two companies on 1 November, splitting enterprise from consumer. Founded by David Packard and William Hewlett, number one in PCs and in servers, one the granddaddies of Silicon Valley, the massive corporation has undergone a massive change. Personal computers and printers have now been set adrift onto …
Gavin Clarke, 02 Nov 2015
Frustation, image via Shutterstock

The story of .Gay: This bid is too gay! This bid is not gay enough! This bid is just right?

Dot Gay LLC has once again appealed the decision that it does not represent the gay community in its bid to run the .gay top-level domain. The company, which has been trying to get hold of the dot-word for nearly four years, appealed a previous decision that its application did not cover a sufficient number of gay people. In …
Kieren McCarthy, 30 Oct 2015

ICANN CEO, internet community heads clash in accountability row

The CEO of ICANN got his facts wrong during high-level talks on limiting the power of the domain-name overseer, it is claimed. Fadi Chehade gave a presentation to ICANN's Governmental Advisory Committee (GAC) at the organization's triannual meeting in Dublin this week in which he provided his "personal view" on a year-long …
Kieren McCarthy, 21 Oct 2015

Official: WD buys SanDisk

Consolidation in the storage industry is speeding up. One week after Dell decides to buy EMC for $67bn, Western Digital is using Unisplendour money to buy SanDisk for $19bn to create an enterprise and consumer flash powerhouse. Speculation about a SanDisk purchase by Western Digital has been intense, following the $3.8bn …
Chris Mellor, 21 Oct 2015