Articles about Sale

Businesswoman shoots arrow from cliff at balloon holding up rival... Bit silly conceptual art. Photo by Shutterstock

Sweating Springpath fails to defuse SimpliVity's patent bomb

Hyperconverged software biz Springpath has lost an attempt to have SimpliVity's patent infringement case against it thrown out. If SimpliVity wins its legal fight at trial, Springpath's Data Platform product could be banned from sale, triggering the collapse of its Cisco OEM deal. Cisco's HyperFlex product is based on …
Chris Mellor, 28 Jul 2016
Woman in balaclava with shopping bags. Photo by Shutterstock

Oh deer.io: Cyber crimelords using one-stop DIY web biz shops

Updated Cybercrime miscreants seem to be flocking to a one-stop online web business shop. The use of sites like Deer.io prove the barriers to entry for cybercrime are continually being lowered, according to threat intel firm Digital Shadows. Darkside.global, a URL associated with cybercriminal Tessa88 who has distributed leaked …
John Leyden, 27 Jul 2016
Far Cry 4 in game at 4K

AMD, Nvidia in pro GPU battle

Rival chip designers AMD and Nvidia continue to fight for dominance in the professional graphics processor market. Here's a summary of what's gone down this week: AMD is cooking up a Radeon Solid State Graphics (SSG) card that has 1TB of M.2 flash memory. It'll be powerful enough to scrub through 8K video at 90 frames per …
Chris Williams, 26 Jul 2016
Verizon corporate building

Verizon blames striking workers for dent in sales

Fresh from its $4.8bn acquisition of Yahoo!, Verizon says its sales dropped five per cent year-on-year in its latest quarter, the three months to the end of June. Essentially, US telecom giant's wireless and wireline revenues fell over the year-ago quarter. Here's a summary of VZ's Q2 2016 results: Revenues of $30.5bn were …
Shaun Nichols, 26 Jul 2016
Password

O2 customer DATA GRAB: Not-a-hack creds for sale on dark web

Hackers have gained access to customer data on UK telco O2 – and put it up for sale on the dark web. The compromised data was likely obtained by using usernames and passwords stolen from gaming website XSplit three years ago in order to log onto O2 accounts. When the login details matched, the hackers could access O2 customer …
John Leyden, 26 Jul 2016
Money down the drain

I'm good, I'm fine, solid quarter, real well ... pants Sprint as it limps past, spilling $300m

US telco Sprint says it is bringing in new customers by the boatload, despite another quarter in which its losses reached well into nine figures. The fourth-largest carrier in the US logged a net loss of $302m as it continues a campaign to rebuild its business model. For the first quarter of Sprint's financial 2016, ended …
Shaun Nichols, 25 Jul 2016
The big split

Systemax flogs German sub to CANCOM

The break up of Systemax’s European operations may have just started after it brokered a “definitive agreement” to sell the Misco German subsidiary to CANCOM for an undisclosed sum. Under the terms of the deal, staff and customer lists will be transferred to the new owner. The deal is subject to closing conditions and is …
Paul Kunert, 25 Jul 2016
Vibrant Evening Sunset At Twistleton Scar In North Yorkshire, UK. Photo by Shutterstock

Crashed and alone in a remote location: When paid help is no help

This Damn War This Damn War image via Shutterstock I took the plunge and became a freelance IT consultant in 2001. Through an unlikely series of coincidences (former colleague from London goes to travel show in France and bumps into two guys from Yorkshire who are looking for a software and database architect) I ended up in North Yorkshire …
Dave Cartwright, 25 Jul 2016
Dell e-commerce site

Revealed: How Dell can afford $67bn for EMC – by selling $650k laptops

World exclusive Dell's ingenious strategy for financing its audacious $67bn acquisition of EMC is a secret no more. Dell is already facing a staggering debt mountain to fund the takeover. Now a crack Reg investigative team can reveal that the Round Rock computing giant has an ambitious plan in place to raise the cash necessary for the deal …
Shaun Nichols, 22 Jul 2016

Yahoo! sale! almost! done!

The long-running saga over the fate of Yahoo! may be nearing its end. A report from Bloomberg suggests that Verizon is in the final stages of acquisition talks with the embattled web pioneer. The deal would reportedly top out at around $5bn, which may or may not include the huge tracts of Silicon Valley real estate Yahoo owns …
Shaun Nichols, 22 Jul 2016

Ingram Micro and Tianjin Tianhai: Go on, PROBE us

Ingram Micro and the Chinese logistics giant Tianjin Tianhai that wants to buy it confirmed they are to submit the proposed $6bn bid for review to the Committee of Foreign Investment in the United States. This is an about-turn because Ingram - the world’s largest tech distributor - previously said the deal would not “fall …
Paul Kunert, 22 Jul 2016

Whoa! Shanghai Stock Exchange delays $6bn Ingram Micro takeover

Tianjin Tianhai, the Chinese logistics giant, has delayed next week’s shareholder meeting to rubber stamp the $6bn takeover of Ingram Micro as it gathers data requested by the Shanghai Stock Exchange (SSE). Tianjin Tianhai, owned by the conglomerate HNA Group, revealed in February its intended acquisition of Ingram, the world …
Paul Kunert, 21 Jul 2016
Symantec director government affairs Brian Fletcher (left) with Microsoft assistant general counsel Cristin Goodwin. Image: Darren Pauli, The Register.

Microsoft and pals re-write arms control pact to save infosec industry

Microsoft and a team of concerned engineers from across the security sector have joined forces to suggest a major re-write of the arms control pact the Wassenaar Arrangement, as they fear the document's terms are a threat tot he information security industry. The pitch is the result of brainstorming by the group to redefine …
Darren Pauli, 21 Jul 2016
mergers and acquisitions

EMC staffers: We are crashing into Dell within weeks

Staffers at EMC and its subsidiaries are to get Dell email addresses from the start of next month as the proposed mega buy edges closer, insiders have told The Register. EMC shareholders last night approved the $62.4bn bid – somewhat lower than the original $67bn offer due to a slide in VMware’s share price – and Chinese anti- …
Paul Kunert, 20 Jul 2016
Various types of clouds. Photo by Shutterstock

Scalr hosting hit with outage

Cloud management biz Scalr.com was yesterday hit by an outage which knocked customer websites offline. In a post, the company said the problem had been due to an update that included flawed logic, causing server records to be removed but not AWS servers or other cloud servers. One customer got in touch this morning to …
Kat Hall, 19 Jul 2016

Software can be considered 'goods' for purpose of commercial agent rules – High Court

Software suppliers can be forced to pay damages to self-employed intermediaries they contract with to promote their products under UK commercial agents regulations, according to a recent High Court ruling. The High Court ordered Computer Associates UK Ltd (CA) to pay The Software Incubator (TSI) £475,000 in compensation under …
OUT-LAW.COM, 19 Jul 2016
Data breach

World-Check terror suspect DB hits the web at just US$6750

The World-Check database that lists "heightened risk individuals and organizations" is reportedly up for sale on the dark web. The database is a commercial product offered by Thomson Reuters, which bills it as a useful tool for those fighting money laundering, "organized crime, sanctions, Countering the Financing of Terrorism …
Darren Pauli, 19 Jul 2016
A burning dumpster

Dying! Yahoo! writes! off! half! of! the! $1bn! it! paid! for! Tumblr!

Yahoo! fell short of already-low expectations as the shriveling internet icon continues to limp towards its impending sale. CEO Marissa Mayer had no update on the Purple Palace's quest for a buyer, but said the company was still working on the sale of its core business. "In addition to our efforts to improve the operating …
Shaun Nichols, 19 Jul 2016
Opera singers

Opera sells open-source Chromium browser for $600m to Chinese bods

Opera will sell its web browser technology to Chinese investors for $600m after a larger sale worth $1.2bn fell apart. The Norwegian company said in a filing to the Oslo Børs stock exchange that it had agreed to an arrangement that will see the Chinese-backed Golden Brick Capital Management private equity fund take control of …
Shaun Nichols, 18 Jul 2016
Woman at gym lifts weights with arms. Photo by Shutterstock

Softbank promises stronger ARM: Greater overseas reach and double the UK jobs

Brit-tech success poster child ARM holdings is to be acquired by Japanese telecom multinational Softbank. ARM, whose chip designs drive the majority of the world’s smartphones, is under offer for a remarkable £24.3bn - a premium of 43 per cent over current stock price. Softbank, whose last yearly revenue totalled 19.5 …
Gavin Clarke, 18 Jul 2016
Softbank_structure

Brit chip biz ARM legs it to Softbank for $32bn

Updated British semiconductor designer ARM is about to be acquired by Japan's SoftBank. The New York Times reports the deal is imminent. The FT has put a value on the deal: US$32.4bn. That's a premium of about $10bn over ARM's market capitalisation. SoftBank is a sprawling company that operates a telco in its Japanese home but is …
Simon Sharwood, 18 Jul 2016

Security gurus get behind wheel of driverless car debate

Security experts have already waded into the UK government's consultation into self-driving technologies. The two month session comes against a backdrop of increasing concerns about connected cars. Infosec vendors argue security needs to be considered alongside other issues such as changes to driving regulations (the Highway …
John Leyden, 15 Jul 2016

NES is back... for 60 bucks

Nintendo has come up with a new build of its iconic NES home console. The re-issued NES is not so much a console as it is an emulator in a miniature NES housing. The $60 (£45) unit will not play Nintendo cartridges and can't be expanded beyond the 30 built-in titles. It comes with one controller (a second costs $10). Those …
Shaun Nichols, 15 Jul 2016

Kids’ shoes seller Start-rite suspends sales following breach

Children’s shoes retailer Start-rite Shoes has suspended sales following the discovery of an attack by hackers last weekend. UK-based Start-rite reckons hackers may have obtained customer names, postal address, telephone number and email address of its clients. Payment details are not stored on the site and therefore should …
John Leyden, 13 Jul 2016
London Undeground, photo by PHOTOCREO Michal Bednarek via Shutterstock

London's contactless ticket payment system for sale in £15m deal

A contactless payment system built for London’s massive public transport network is to be made available commercially under a £15m deal. Transport for London has agreed that its two-year-old contactless payment system can be modified and sold to other cities by Cubic Transportation System. The £15m deal grants CTS access to …
Gavin Clarke, 13 Jul 2016
A woman texting

Smartphones aren't tiny PCs, but that's how we use them in the West

On a recent trip to Shanghai, I saw a person in front of me in a supermarket queue present their mobile phone when asked for payment. The clerk quickly pointed the laser scanner at the phone - blip!- the sale completed. But not thanks to NFC. I’d just seen AliPay, a mobile payments system backed by Alibaba (the world’s largest …
Mark Pesce, 13 Jul 2016

No, Google you still can't have dotless, one-word domains

A surreptitious effort to introduce so-called "dotless domains" – where you type a single word into your browser to reach a website – has been noticed and shot down. Despite an explicit ban on the Google-pushed idea – which would, for example, let you simply type the word "search" and be taken to the internet address https:// …
Kieren McCarthy, 12 Jul 2016
Windows 10 waterdrops, photo by Anton Watman via Shutterstock

You can buy Windows 10 Enterprise E3 access for the price of a coffee

WPC 2016 Microsoft is moving into new as-a-service pricing and bundling territory with the full-fat version of Windows 10 Enterprise. Today Redmond announced it is releasing Windows 10 Enterprise E3, which would normally be reserved for big operations and sold via Microsoft's volume-purchase programs, at a price of $7 per seat per …
Gavin Clarke, 12 Jul 2016

Google slammed over its 'free' school service

Two Swedish researchers have torn into Google's free school service, accusing the online giant of purposefully misleading users in order to continue profiting from the sale of children's data. Maria Lindh and Jan Nolin from the University of Borås have published a research paper [note: paid access] that digs into the policies …
Kieren McCarthy, 11 Jul 2016

Omni-shambles! Card-stealing malware checks into US hotel chain

Yet another US hotel chain has admitted malware infected its computer systems and stole guests' bank card information. Omni Hotels said today [PDF] an attacker managed to infiltrate its IT network and inject a software nasty into its payment terminals that siphoned off copies of people's credit and debit cards. The malware …
Shaun Nichols, 11 Jul 2016
sale_648

HPE dumps software biz into the bargain bin

HP Enterprise (HPE) has reportedly begun entertaining offers to sell its software business. A report from Bloomberg cited sources familiar in claiming that CEO Meg Whitman is looking to sell some or all of HPE's software brands, including Vertica, Autonomy, and Mercury. Talks are said to still be in the early stages with no …
Shaun Nichols, 11 Jul 2016
Kevin Turner

Farewell to Microsoft's Sun Tzu: Thanks for all the cheese, Kevin Turner

Kevin Turner’s departure as Microsoft’s chief salesman after 11 years marks the final passing of the Redmond old guard. Chief operating officer Turner - KT, as he was known - was a chief of the old-school corporate kind; sales, marketing and Microsoft’s stores all reported into Turner. His departure is part of a massive sales …
Gavin Clarke, 08 Jul 2016
stack of newspapers

Polycom bins Mitel for Siris

Polycom's planned $1.96bn sale to Mitel has been scrapped as the company plans a new merger agreement with Siris Capital. Following Elliott Management taking a stake in both businesses, the unified comms business announced plans to merge with Mitel three months ago. It will now pay Mitel a termination fee of $60m. The Siris …

When is a refurbished server not refurbished? Ask this Dell reseller

Sysadmin blog What's the difference between a refurbished server and a new one? The term refurbished has a negative connotation, conjuring images of open box returns and non-existent warranties, but in at least one case – Dell's ecosystem – that narrative doesn't quite fit. xByte Technologies is a company of about 50 people based out of …
Trevor Pott, 08 Jul 2016
A group of people hold out mobile phones in a circle. Photo by Shutterstock

The truth about Silent Circle's super-secure, hyper-privacy phones: No one's buying them

It seems that the Blackphone, the handset created by Silent Circle and Spanish firm Geeksphone, isn't as popular as its makers would like. Geeksphone has sued [PDF] its erstwhile partner for $5m in a New York court, claiming that disappointing hardware sales have crippled the partnership and left the Switzerland-based Silent …
Iain Thomson, 06 Jul 2016

Even Silicon Valley rolls its eyes as controversial Zenefits ex-CEO reveals he's back in business

It's a Silicon Valley trope, even a badge of honor, that failure is good. Fail fast, fail often. Learn from failure. There are even failure-based meetups where would-be Zuckerbergs share tales of having done miserably. But former Zenefits CEO Parker Conrad is pushing the envelope on what even Silicon Valley is willing to …
Kieren McCarthy, 06 Jul 2016
Cartoon - Private SNAFU

TP-Link abandons 'forgotten' router config domains

TP-Link, rather than recovering domains it forgot to renew, is going to abandon them. The domains in question are tplinklogin.net and tplinkextender.net. They offered configuration services for buyers of the company's home routers and Wi-Fi link extenders, and are identified on stickers on some devices (not all: two TP-Link …
MIPS Creator CI20 development board

Not your Imagination: Britain’s other chip giant posts biggest ever loss

The UK’s other chip designer, Imagination, posted a £63.2m loss before tax for the year to April 2016 as it radically restructures its business. DAB radio business unit Pure Technologies, which has been up for sale but with no buyer yet, contributed £7.9m to the loss on revenues of £18m. The IMG Systems services unit is also …
Andrew Orlowski, 05 Jul 2016
Newspapers

Cook's role on Nike board

Tim Cook has just done it, following the retirement of Nike founder Phil Knight, and been appointed as lead independent director on its board by new CEO Mark Parker. With the vast majority of its produce coming from factories regularly criticised for their sweatshop-like working conditions, the Apple CEO will immediately begin …
I quit

Azzurri CEO quits, will walk out sometime in 'summer'

The CEO of Maintel-owned Azzurri Communications, Chris Jagusz, is quitting in the summer but the company's new owners haven’t specified the exact departure date. Cloudy comms integrator Azzurri was acquired by Maintel in April for £48.5m and so it was only a matter of time before the exec exited once the handover period was …
Paul Kunert, 01 Jul 2016
Lawyer up

Broker DP Data shuts up shop after HP's lawyers took a bite out of them

Grey broker DP Data Systems is facing a trademark infringement case brought by Hewlett Packard that ultimately convinced management to pull down the shutters, the business has claimed in its latest financial filing. As exclusively revealed by El Reg, the Manchester based wholesaler of HP, Cisco, IBM, Juniper and Lenovo shut up …
Paul Kunert, 30 Jun 2016
Two buffalos mating in the Oklahoma plains in the springtime

Bacon is not my vodka friend

Bacon infused vodka may not be everyone’s cup of tea, but selling this improbable beverage in Oklahoma could land you in hot water. This we learned today from the woes of Colin Grizzle - yes, really - a manager at the Pump bar in Oklahoma city, who was charged with maintaining a disorderly house after bottles of infused vodka …
Drew Cullen, 29 Jun 2016
Lenovo_Think_Server_RD_Series

Lenovo HPC bounces back after IBM spinoff

When IBM sold off its System x division to Lenovo Group in the fall of 2014, some big supercomputing centers in the United States and Europe that were long-time customers of Big Blue had to stop and think about what their future systems would look like and who would supply them. It was not a foregone conclusion that the Xeon- …
NBC suit worker image via Shutterstock

You know how that data breach happened? Three words: eBay, hard drives

Users are unwittingly selling sensitive and unencrypted data alongside their devices through the likes of eBay and Craigslist. Secure data erasure firm Blancco Technology Group (BTG) purchased 200 second-hand hard disk drives and solid state drives before conducting a forensic analysis to find out what data was recoverable. …
John Leyden, 28 Jun 2016
Schematics of the Parkes FRB detection

Deutsche Telekom phish alert

Another day, another customer database leak: this time, it's Germany's Deutsche Telekom. The carrier says it's telling customers to reset their passwords, after being made aware of a database of T-Online e-mail addresses and passwords being offered for sale on darknet sites. Between 64,000 and 120,000 customers may be …
sale

Intel mulls sale of Intel Security – reports

Opinion Intel is reportedly looking to offload its Intel Security arm. The IT giant is investigating options for Intel Security cyber security business, the FT reports. These options include selling off the security software business formerly known as McAfee that the chip-maker bought for $7.7bn back in August 2010. Intel is yet to …
John Leyden, 27 Jun 2016
Ethernet cable rises up like a snake (artist's impression). Image via shutterstock

Arista-scat! Possible import ban looms after US ITC decision

Ethernet switch vendor Arista faces a possible import ban, after losing a key round in its ongoing patent battle with Cisco. Since 2014, Switchzilla has been pursuing Arista, chiefly on the accusation that the upstart's command-line interface is the same as the IOS CLI. While Arista was cleared over two patents, the ITC has …

Happy Mappiversary, Ordnance Survey

The Ordnance Survey celebrates its 225th birthday this week, and is commemorating it with two new custom retro-styled maps. Both marry historically accurate styles to modern data. On 21 June 1791, the then "Board of Ordnance" purchased a Ramsden theodolite to survey Britain and protect from a French invasion, hence the 225th …
Andrew Orlowski, 22 Jun 2016
China keyboard, image via Shutterstock

Shareholders rubber-stamp Ingram Micro $6bn sale to Chinese firm

US-headquartered Ingram Micro edged closer to Chinese ownership last night when shareholders voted overwhelmingly to accept Tianjin Tianhai’s $6bn offer. The mega bid for the world’s largest tech distributor was made in February by the Far East company, a subsidiary of HNA Logistics which is itself a division of conglomerate …
Paul Kunert, 22 Jun 2016
Business people move through revolving door. Photo via Shutterstock

Count 'em and weep: Intrinsic looking for fifth CEO in five years

The high office revolving doors at Intrinsic Technology are clearly still swinging - the company is on the hunt for its fifth CEO in five years after attempts to find a buyer ended unsuccessfully. Top dog Mark Bates has left the organisation after two years in charge and been replaced on an acting basis by non-exec chairman …
Paul Kunert, 21 Jun 2016