Articles about S Board

Torpedo

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
Violins

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 X.org? Desktop software body could lose domain

This time next week, one of the internet's rarest domains – the single-letter X.org – 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
Violin_Tailpiece_and_bridge

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
troll

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_rack_appliance

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
3d_XPOint_die

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
Cohesity_Santa_clara_office

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

US senators lean on ICANN, tell it to quit squirming and open up

Two leading US senators have warned domain name overseer ICANN to stop resisting accountability changes in return for control over the internet's DNS. John Thune, chairman of the Senate Committee on Commerce, Science, and Technology, and ranking member Brian Schatz signed a letter [PDF] warning that without "significant …
Kieren McCarthy, 19 Oct 2015
Connected Data Transporters

How much? Imation buys Connected Data for $7.5m. No, really

Imation has bought Geoff Barrall’s Connected Data startup for just $7.5m, and finally appointed a new, although interim, CEO. The Clinton Group is the activist investor now in control of Imation’s board and it’s appointed board director Bob Fernander, a Clinton nominee, as interim CEO. He was interim president. Another Clinton …
Chris Mellor, 15 Oct 2015

Double blow for AMD as CPU brainiac jumps ship to rival Nvidia

AMD guru Phil Rogers has joined rival Nvidia. His move comes after AMD's top microprocessor architect Jim Keller quit in September, and another 500 staff at the company are facing the chop. Rogers left AMD this month to become Nvidia's compute server architect in Austin, Texas. He was with graphics chip biz ATI from October …
Chris Williams, 14 Oct 2015
Dunce's cap graffiti by https://www.flickr.com/photos/lord-jim/ cc 2.0 attribution https://creativecommons.org/licenses/by/2.0/

HP HUMILIATED by Dell's EMC buy

EMC/Dell deal - Analysis There are two big losers from Dell's decision to buy EMC. One is you, because EMC and Dell have signalled that they intend to put EMC products in your face when you buy from Dell. Outgoing EMC CEO Joe Tucci repeatedly said that Dell is the number one reseller for all manner of third party products and suggested EMC will enjoy …
Simon Sharwood, 12 Oct 2015

It's GOBBLE TIME: Dell set for EMC offer today

EMC/Dell deal Dell will table its bid for EMC on Monday, according to a Reuters report from Sunday. If the deal is revealed on Monday it will signal Dell's urgency to get it done: Monday is a federal holiday for Columbus day. The report also says that Dell's bid will be non-exclusive, meaning EMC will be free to tape “Buy Me” to its back …
Simon Sharwood, 12 Oct 2015

Dot-gay bid fails again: This time because it is too gay

This time last year, the applicants for the internet top-level domain .gay were stunned to find that their application to be recognized as a "community" was rejected because they weren't gay enough. After successfully arguing for re-evaluation and waiting nine months for the result, Dot Gay LLC has now been told the self-same …
Kieren McCarthy, 09 Oct 2015

ICANN: Just give us the keys to the internet – or the web will disintegrate

Domain system overseer ICANN has embarked on a campaign of fear and fuzzy logic in its latest bid to seize control of the internet from the US government without agreeing to limits on its power. The handover of the critical IANA functions from Uncle Sam to ICANN was due to happen last week, but has been set back a year to …
Kieren McCarthy, 08 Oct 2015

'Can you hear me now? Oh Peeple, you're so mean *sad face*. It's a leftist agenda!'

QuoTW This week we remembered Seymour Cray, memorialised BlackBerry 10 and got a peek at Elon Musk's new baby. So let's take a look at some of the best quotes from the past seven days. It's been a shitty couple of weeks for Volkswagen, thanks to the ballooning emissions scandal. But don't worry, the German car giant's board of …
Team Register, 04 Oct 2015
jigsaw_puzzle_648

How do you solve a problem like Elliott? EMC's got 3 weeks to figure it out

EMC has most of October to answer activist investor Elliott Management's demands for a shareholder value increase through a sell-off of VMware. According to an Elliott leak Reuters report, Elliott, with two directors on EMC's board, hopes the extra time after the expiration of the September standstill agreement will enable EMC …
Chris Mellor, 02 Oct 2015

Autonomy ex-boss Lynch tells of poisonous life within HP in High Court showdown

Analysis Former Autonomy CEO Mike Lynch has stepped up his rhetoric against HP in his latest lawsuit against the firm, having characterized HP as a snake pit of backbiting and internecine squabbling where execs "generally fought amongst themselves like cats in a sack." In papers [PDF] filed with the UK High Court on Thursday, Lynch …
Neil McAllister, 02 Oct 2015
Hercules_Stealing_Apples_of_Hesperidus

Federation is golden, says EMC II boss Goulden

David Goulden, CEO of EMC Info Infrastructure, said breaking up the Federation would be the wrong thing to do, while speaking at the Code/Enterprise Series conference in New York on Tuesday. EMC’s Federation includes EMC II, Pivotal, Virtustream and VMware, which are run as semi-independent companies, with VMware having had a …
Chris Mellor, 30 Sep 2015
Great_Wall_of_china

Western Digital sells strangely limited 15 per cent stake to China

In a transaction said to be unconnected to the HGST-WD merger – still becalmed by Chinese watchdog MOFCOM – Western Digital is selling a 15 per cent stake to a subsidiary of China-based Unisplendour Corporation (Unis) for $3.8bn. Western Digital said: “Unis is a respected, publicly-traded Chinese company. It has been trading …
Chris Mellor, 30 Sep 2015
Fly

Tucci’s terrible dilemma: Unlock EMC value without destroying the Federation

Comment War could break out in EMC's investor ranks any day now as the standstill agreement between EMC's board and activist investor Elliott Management runs out this month. Elliott wants the federation structure or status changed so that hidden investor value inside EMC can be unlocked for investors' benefit. This means the potential …
Chris Mellor, 30 Sep 2015
Funnel of cash. Credit: via SXC – http://www.sxc.hu/profile/Leonardini

Do you agree with our fee hike? Press 1 to answer Yes; or 2 for Yes

It has long been a concern that domain-name overseer ICANN is largely funded by companies reliant on the organization to make money. Every biz that wishes to sell domain names – called a registrar – has to pay the organization $4,000 a year, plus 18 cents on every domain they sell. In addition, they have to pay a variable fee …
Kieren McCarthy, 29 Sep 2015
Railway line split. Pic: Ian Sane

Blood in the boardroom as Imation ejects from tape media business

Clinton Group execs in charge at struggling Imation have started restructuring the business to make it a tastier dish, discarding its tape media business, selling off property assets and starting a Nexsan array business restructuring exercise. Activist investors at the Clinton Group deposed Imation’s existing board chairman …
Chris Mellor, 29 Sep 2015

Yahoo!: Who! cares! what! US! taxman! thinks!, we'll! spinoff! Alibaba! anyway!

Yahoo! says it's going to press ahead with its plan to spin off its multibillion-dollar stake in Chinese e-commerce firm Alibaba, despite failing to receive a favorable ruling from the US Internal Revenue Service. CEO Marissa Mayer first announced the plan, which would see Yahoo! transfer its 384 million Alibaba shares to a …
Neil McAllister, 29 Sep 2015
Steve Crocker, ICANN chairman

ICANN chair plays chicken with internet control-halt-shift

The chair of domain name overseer ICANN has threatened to reject a key recommendation in the process to move control of the top level of internet from the US government to the non-profit organisation. In a rambling and confusing speech given toward the end of a special two-day meeting, Steve Crocker appeared to say that his …
Kieren McCarthy, 27 Sep 2015

Is domain overlord ICANN the FIFA of the internet? We'll know this weekend

Special report When comedian John Oliver dedicated the bulk of his weekly show a year ago to soccer organization FIFA (Fédération Internationale de Football Association), he noted that most Americans had never heard of the organization. Over ten minutes, Oliver eviscerated the "comically grotesque organization," highlighting how it creates …
Kieren McCarthy, 24 Sep 2015
Fiorina

Ex-HP boss and US prez wannabe Carly sings about her dog on TV

Former HP boss and Republican presidential candidate Carly Fiorina has tried a new tactic to reach out to the American public – singing about her pet dog on the telly. In an interview with Jimmy Fallon on The Tonight Show, Fiorina grabbed the mic and treated the audience to a song about her dog to the tune of Rock around the …
Kat Hall, 22 Sep 2015

SCREW YOU, FEDS! Dozen or more US libraries line up to run Tor exit nodes

A dozen libraries across the US have asked for details on how to host Tor exit nodes following a decision by the small town of Lebanon, New Hampshire, to forego police warnings. Following a decision by the library's board of trustees earlier this week to put the exit node back online, the founder of the Library Freedom Project …
Kieren McCarthy, 17 Sep 2015

Plan to shift internet's control panel away from US government gets tentative thumbs-up

The plan to shift control of the top level of the internet away from the US government to domain name overseer ICANN has been given a tentative thumbs-up by the internet community. A public comment period on the proposal for the IANA functions contract closed earlier this week with 159 submissions received. Just under half the …
Kieren McCarthy, 11 Sep 2015
Hybrid NAND disk controller Marvell 88SE9230

Marvell superheroes and the Fantastic Four (hundred million dollar loss and internal probe)

Shares of chipmaker Marvell plummeted on Friday after the company said it was unable to file its quarterly earnings results on time, but that it expected to post a whopping $382.4m net loss. In a filing with the US Securities and Exchange Commission, Marvell said its earnings report would be late due to an ongoing internal …
Neil McAllister, 11 Sep 2015