Articles about Sale

Chinese investors gobble up owner of PCWorld, Macworld etc

Two Chinese investors are buying the owner of PCWorld magazine and the IDC market research outfit – International Data Group (IDG) – but IDC’s high-performance computing research businesses are not included in the sale. The two Chinese investors are China Oceanwide Holdings Group Co, Ltd and the confusingly named IDG Capital. …
Chris Mellor, 20 Jan 2017

Toshiba scrambles to start chip biz minority stake sale – reports

Reuters is reporting that Toshiba has started its chip business minority stake sale process. It's looking to offset the potential $4.4bn or greater losses from its US nuclear power station business. Potential purchasers of a 20-30 per cent stake in the NAND fabs are current foundry partner Western Digital and Japanese banks. …
Chris Mellor, 20 Jan 2017
Google, photo by lightpoet via Shutterstock

I'll have Fabric, Crashlytics... Google crams Twitter mobile dev tools in trolley

Google is set to acquire Twitter's mobile app development platform, Fabric, and assimilate its team within its own development platform, Firebase. The terms of the acquisition have not been revealed, but the Fabric team will join Google's Developer Products Group, working with Google's Firebase team which also offers a mobile …
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Zuck off: Facebook's big kahuna sues Hawaiians to kick 'em off their land

Facebook boss Mark Zuckerberg is suing dozens of families in Hawaii to force them to give up land they've owned for generations. The Honolulu Star Advertiser reports that the Zuck's secluded sanctuary on the garden island of Kauai is at the heart of court proceedings between islanders and the billionaire exec who, by the way, …
Shaun Nichols, 19 Jan 2017

You know how online shops love to keep tabs on you? Now it's coming to the offline world

Intel promises to provide real-world retailers with the same analytics as online stores, with the release of a new internet-of-things retail platform. CEO Brian Krzanich announced Intel's Responsive Retail Platform (RRP) at the annual National Retail Federation conference in New York – with his organization also flagging the …
Kieren McCarthy, 18 Jan 2017
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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) names Western Digital as a potential buyer, along with several investment funds. The company hopes to get between $1.77bn and $2.65bn for a 20 per cent stake in the …
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Kill it with fire: US-CERT urges admins to firewall off Windows SMB

The US computer emergency readiness team is recommending organisations ditch old versions of the Windows SMB protocol and firewall off access to file servers – after a potential zero-day exploit was released by the Shadow Brokers hacking group. The call from the US security clearing house does not name the Shadow Brokers as …
Darren Pauli, 18 Jan 2017
Raspberry Pi Compute Module 3 in the Compute Module IO Board V3

Two new Raspberry Pi models emerge steaming from the oven

The Raspberry Pi Foundation has baked two new Pi. The new “Compute Module 3” and “Compute Module 3 Lite” are re-shaped versions of the Raspberry Pi 3 and are intended to give developers of embedded devices a way to use the RPi as the basis for their designs, without having to accommodate the rather bulky Raspberry Pi design …
Simon Sharwood, 17 Jan 2017
Doctors run to save patient. Photo by Shutterstock

Jeremy Hunt pockets £14m through sale of course search website

Health Secretary Jeremy Hunt has become one of the UK's richest politicians following the sale of his business which runs course-listing websites. London-based Hotcourses, in which Hunt has a 48 per cent stake, provides marketing services for universities, and course comparison sites for potential students. It today announced …

Drone biz Lily Robotics takes $34m in pre-orders, ships nothing, shuts down, gets sued by San Francisco DA

Lily Robotics says its decision on Thursday to shut down and return pre-order payments for a never-delivered drone, which came on the same day that San Francisco District Attorney George Gascón charged the company with false advertising and misleading business practices, was purely coincidental. "We had been in the process of …
Thomas Claburn, 13 Jan 2017
Nintendo Switch

Nintendo pulls the Switch, fires Joy-con at Microsoft and Sony

Just over a decade after it challenged home gaming with the Wii, Nintendo has aimed a new weapon at Sony’s Playstation and Microsoft’s Xbox. Nintendo Switch Nintendo’s platform-challenging Switch, unveiled in October, will go on sale on March 3, priced at $299.99, £279.99 and ¥29,980, the firm said on Thursday. The Switch …
Gavin Clarke, 13 Jan 2017
A businessman in handcuffs

Ex-Autonomy CFO pleads not guilty to charges he inflated the company's value

The ex-chief financial officer of Autonomy, Sushovan Hussain, has pleaded not guilty to charges he inflated the price of his company's $11bn (£9bn) acquisition by Hewlett-Packard. It is the latest development in the ongoing legal spat after HP wrote down the acquisition by a staggering $8.8bn (£7.1bn) in 2012, a year after the …
Kat Hall, 13 Jan 2017

Shadow Brokers spew Windows hack tools after exploit auction flop

Security exploit peddlers Shadow Brokers announced their retirement on Thursday – and released 58 tools for hacking Windows PCs for free by way of a parting gift. The shady group is essentially giving up, and shoving malicious code – most of which is detected by Kaspersky and a few other antivirus makers – into the hands of as …
John Leyden, 12 Jan 2017
Silhouette of spy discerning password from code uses a command on graphic user interface

Digital video recorder installers master password list 'leaked' – claims

Xiongmai, the vendor behind many Mirai-vulnerable DVRs, has earned the consternation of security watchers once again. The vendor's 2017 list of superuser passwords for certain DVRs – designed only for CCTV installers to access customer installations – appears to have leaked online. "If the creds are what we think they are, …
John Leyden, 11 Jan 2017
Poster for the movie Cable Guy. Copyright:  Columbia Pictures Corporation,

Routes taken by UK prosecutors over supply of modified TV set-top boxes

Analysis Prosecutors are turning to fraud charges in cases against people supplying set top boxes that can be used to access copyrighted material without paying for it because it makes cases easier for juries to understand. But a barrister who acted in one recent such case has told Out-Law.com that those conspiracy to defraud charges …
OUT-LAW.COM, 06 Jan 2017
Photo by Magnus Höij

Cancel! that! yacht! order! Marissa! – Verizon's! still! cold! on! Yahoo! gobble!

A Verizon executive is once again casting doubt on the telco giant's $4.8bn bid to acquire Yahoo! Speaking at an investor conference in Las Vegas today, executive vice president Marni Walden said of the deal, "Unfortunately, I can't sit here today and say with confidence one way or the other because we still don't know." The …
Shaun Nichols, 05 Jan 2017

These boots are made for kicking imaginary things, and that's just what they'll do

CES 2017 Concerned that a virtual reality headset just isn't enough real-life escapism for you? Then perhaps you need to pair it with VR gloves and boots for that double dose of sensory deprivation. Cerevo – short for "Consumer Electronic REVOlution" (yes, REVO is capitalised for some reason) – a Japanese company specialising in " …
Katyanna Quach, 05 Jan 2017
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
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Hacker: Lol, I pwned FBI.gov! Web devs: Nuh-uh, no you didn't

Updated A hacker is claiming to have breached the FBI's website security, dumping staffers' email addresses and SHA1-scrambled password hashes with salts online. Meanwhile, the makers of the site's publishing software say it's all a hoax. A miscreant using the handle @cyberzeist claims to have infiltrated Plone CMS used by FBI.gov, …
Darren Pauli, 05 Jan 2017
trinity

Toshiba faces nuclear power goodwill cost meltdown

Toshiba is facing such horrific cost-overruns with its US nuclear power plant projects it may have to sell assets, such as its flash memory business, to cover them. Its US subsidiary, Westinghouse Electric, is building four AP1000 power-generating reactors in the United States and costs are getting out of hand, with multi-year …
Chris Mellor, 03 Jan 2017

Yorkshire council hit with prolonged web outage

A Yorkshire council's website has been out of action since Boxing Day, causing a headache for residents mostly seeking info on bin collections. Kirklees Council's phone lines and website went down last week reportedly due to a power surge. Since then the council has been unable to provide much of a digital service to its …
Kat Hall, 30 Dec 2016

Stupid law of the week: South Carolina wants anti-porno chips in PCs that cost $20 to disable

Lawmakers in South Carolina are mulling over banning the sale of computers, tablets and phones unless they have a device that automatically blocks pornography from popping up on-screen. The Human Trafficking Prevention Act amendment, introduced by State Representative Bill Chumley (R‑Spartanburg), calls for manufacturers and …
Iain Thomson, 19 Dec 2016
Frustrated accountant puts head in hands. Photo by Shutterstock

Cyber insurance brokers: If it makes you feel any better, 2016 was not our year either

Insurers are handling "hundreds" of breach claims, according to figures from CFC Underwriting. CFC Underwriting said it handled more than 400 claims against cyber-breach policies it issued this year alone. The rise in data breaches and money transfer scams are driving the increase. Claims on CFC policies almost doubled year …
John Leyden, 19 Dec 2016
Very colourful For Sale sign (limited offer etc). Photo by Shutterstock

FYI! – Your! hacked! Yahoo! account! is! worth! $0.0003!

The hacked database containing the account details of more than one billion Yahoo! users is reportedly being sold for a meager $300,000. This according to a report by the New York Times, which spoke with researchers at US computer security biz InforArmor. Those eggheads claim to have knowledge of at least three groups – two …
Shaun Nichols, 19 Dec 2016

LinkedIn's training arm resets 55,000 members' passwords, warns 9.5m

Lynda.com, the training arm of LinkedIn, on Saturday issued email notices to about 55,000 members whose data it says has been perused by an “unauthorized third party.” The letter sent to members, two of whom thoughtfully forwarded it to El Reg, reads as follows: We recently became aware that an unauthorized third party …
Simon Sharwood, 18 Dec 2016
AVSWinvote box

US voting machine certification agency probes potential hack

The US agency charged with ensuring that voting machines meet security standards may have been compromised, according to evidence uncovered by cyber security firm Recorded Future. In a statement, the EAC confirmed it was investigating a potential breach. EAC has become aware of a potential intrusion into an EAC web-facing …
John Leyden, 16 Dec 2016
Fox licks his chops. Photo by Shutterstock

Fox's meal Sky ready to smother Europe with foreign language OTT content

The OnPrime service – which emerged this week from Sky in the UK and Germany, offering a number of foreign language packages for visitors - seems to be built around the end to end over-the-top* (OTT) service which Sky has been investing in for years from US firm 1Mainstream. It put $2m into the company in 2013 and another $5m …
Faultline, 16 Dec 2016

Not OK Google: Tree-loving family turns down Page and pals' $7m

It seems that there is something that Google can't buy, beg or steal: a small piece of land right in the heart of its Silicon Valley campus. Like real-life versions of Up's Carl Fredricksen, the Martinelli family refuse to sell their one-acre lot even though the tech giant has offered $7m for it in order to expand its …
Kieren McCarthy, 15 Dec 2016
Galileo

Galileo! Galileo! Galileo! Galileo! Galileo fit to go: Europe's GPS-like network switches on

After a long and much-delayed 17-year gestation, Europe's answer to America's GPS system has been switched on. The Galileo network will offer a free service with an accuracy of one metre, and can pinpoint locations down to a few centimetres for paying customers. The service has 18 satellites in orbit, with 30 projected by 2020 …
Iain Thomson, 15 Dec 2016
Top Gun

Red Hat feels the need – the need for OpenStack speed

Red Hat’s released its dual-support mode OpenStack Platform 10, for rapid cloud adoption. The branded OpenStack box continues Red Hat’s drive to reduce the headache of installing and running the open-source cloud for those of us who are not rocket scientists. But OpenStack Platform 10 also accompanies a shift in build, …
Gavin Clarke, 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
Apple air pods

Apple's Airpod wireless earbuds finally go on sale after six-week delay

Apple has finally put its Air Pod wireless headphones on sale. The controversial headphones, designed for the 'Look Ma, no headphone jack' iPhone 7, were delayed in October when Apple said it needed more time to get them just right. Whatever tweakage was required, Apple's supply chain appears not to be in full swing as the …
Simon Sharwood, 14 Dec 2016
Cell tower, view from below. Image by Shutterstock.com

Telstra effectively barred from 700 MHz spectrum auction to boost rivals

Australia's communications minister Mitch Fifield has put a price on Australian Reg readers' heads: a lousy dollar and twenty five cents. That's the price would-be-bidders will need as table stakes in the forthcoming auction for Australia's 700 MHz spectrum, which has set that sum as the per-MHz, per-head price for the slice …
Simon Sharwood, 14 Dec 2016

It's a ratchet: Old storage guard face incoming tech squeeze

Analysis Squeezed between the giant pressures of hyper-convergence, the public cloud, object storage and software-defined/cheap commodity hardware, the old guard storage suppliers face shrinkage into shadows of their former dominant selves. Ten years ago and before that Dell, EMC, HDS, HPE, IBM and NetApp represented the bulk of on- …
Chris Mellor, 13 Dec 2016
Microsoft store opening

Microsoft announces 16 years of support for Windows, SQL Servers

Microsoft's announced a new “Premium Assurance” plan for Windows Server and SQL Server. Redmond currently offers five years of Mainstream Support on the aforementioned products, during which new features are added and updates are made for reasons of security or just to fix things up. Next comes five years of extended support, …
Simon Sharwood, 12 Dec 2016
The British Pound - Sterling currency tumbles post Brexit

Brexflation hits Lenovo's Phab2

Any prospective buyers in Britain wanting to slip a Lenovo Phab2 Pro into a loved one’s stocking this Chrimbo will have to dig deeper than folk in the US or mainland Europe, much deeper. The smartphone and phablet family, which includes Tango, a new tech from Google that runs augmented reality gaming and utilities, was put on …
Paul Kunert, 09 Dec 2016

Chip biz Aixtron begs for help: Just let the Chinese eat me!

With its proposed acquisition by a Chinese investment group now having been shot down in two hemispheres, Aixtron is looking for government help to get another deal through. The German semiconductor manufacturer is reportedly hoping to work with regulators in Germany on a plan that would allow it to go forward with its sale to …
Shaun Nichols, 09 Dec 2016
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Who killed Pebble? Easy: The vulture capitalists

Comment We just didn’t know it at the time, but Pebble’s fate was sealed in May 2013 when it surrendered control to outsiders who saddled it with debt. Yesterday Pebble’s new owner Fitbit lost no time in closing down the operation, not merely snuffing out any prospect of new products, but warning Pebble owners that they’re not going …
Andrew Orlowski, 08 Dec 2016

Fitbit picks up Pebble, throws Pebble as far as it can into the sea

Smartwatch maker Fitbit has confirmed it has bought competitor Pebble – for an undisclosed sum – but only its software. Pebble products are on the scrapheap. The announcement comes a week after news of the purchase leaked, but many had assumed Fitbit would continue to support existing Pebble watches and slowly merge the two …
Kieren McCarthy, 07 Dec 2016

Sage evaluates sale of North American payments biz

Accounting and payroll firm Sage may offload part of its North American business. The UK firm is evaluating what it called “potential strategic options for the North American payments business", including sale. “There can be no certainty that this evaluation will lead to any transaction,” the firm said in a statement. The …
Gavin Clarke, 07 Dec 2016

Verizon flogs off 29 data centers, pockets $3.6bn

Verizon has finalized a deal to hand over control of 29 data centers in the US and Latin America to Equinix, in a deal that will net the telco $3.6bn. The sell-off includes 24 customer-facing locations and is expected to close in 2017. After the hand-off, Verizon customers will be able to continue their managed hosting and …
Shaun Nichols, 06 Dec 2016
drone

New British flying robot killer death machines renamed 'Protector'

The UK Ministry of Defence has tried to rebrand its latest batch of airborne death machines as “Protector” drones rather than their actual trade name of Reaper. The so-called Protector drones are actually based on the latest model of the General Atomics MQ-9 Reaper drone – known in its latest variant as the Predator – which …
Gareth Corfield, 06 Dec 2016
fraud

Bloke sold cash register code to restaurants that deliberately hid sales from taxmen

A salesman sold cash register software that allowed business bosses to cheat on their taxes. John Yin, 66, appeared before the US district court in Seattle to plead guilty to wire fraud and conspiracy to defraud Uncle Sam. He faces up to 25 years behind bars and must cough up $3,445,589 to the authorities. Yin, of Everett, …
Iain Thomson, 05 Dec 2016
Gautreaux

'Toyota dealer stole my wife's saucy snaps from phone, emailed them to a swingers website'

A Texas couple is suing Toyota and one of its car dealerships after one of its staff allegedly stole saucy snaps off their cellphone and emailed them to a swingers website. Last year, pastor Tim Gautreaux and his wife Claire were shopping for a Toyota Prius at a nearby car dealership in Grapevine, Texas. To expedite the sale, …
Iain Thomson, 03 Dec 2016
LeEco Pro3 gold

LeEco Le Pro 3: Low-cost, high-spec Droid takes on the big boys with a big fat batt

Review In October, the Chinese firm LeEco announced bold plans to storm the American market with a range of consumer electronic devices, ranging from smartphones to a futuristic electric car. The firm's CEO Jia Yueting has since said he's scaling back his plans as a little too ambitious, but some LeEco products are available online …
Iain Thomson, 02 Dec 2016

Soon only Ticketmaster will rip you off: Concert scalper bots face US ban

The US Senate has unanimously passed a bill that will make it illegal to grab large quantities of online tickets with an automated bot. The Better Online Ticket Sales (BOTS) Act prohibits both circumventing website controls that try to impose purchase limits and the sale of a ticket if it has been obtained through such a …
Kieren McCarthy, 01 Dec 2016
The Type 26 Global Combat Ship. Image: BAE Systems

Give BAE a kicking and flog off new UK warships, says review

A government-commissioned review into naval shipbuilding has torn into BAE Systems – while hinting that the number of British fighting warships should be increased, albeit with a sting in the tail. Sir John Parker’s review into Royal Naval shipbuilding was predictably critical of BAE, whose Naval Ships division has built …
Gareth Corfield, 29 Nov 2016

How-to terror manuals still being sold by Apple, Amazon, Waterstones

WH Smith was quick to remove DIY terror manuals from the digital shelves of its online stores after El Reg highlighted their sale but other retailers have demonstrated less of a knee-jerk reaction. A fortnight ago the Brit book and stationary outlet shuttered its website for emergency maintenance to remove books including the …
Paul Kunert, 28 Nov 2016
Shopping cart photo, via Shutterstock

Loyalty card? Really? Why data-slurping store cards need a reboot

Loyalty cards – the little buggers are everywhere these days. When British supermarket chain Tesco launched its Clubcard back in 1995, it was a forward-looking idea, so much so that Lord Ian MacLaurin, then Tesco chairman, suggested that he knew more about his customers after three months than he did after 30 years in the retail …
Sooraj Shah, 28 Nov 2016

Uncanny hacks-men to attend special school in grand country home

The home of Britain's World War II code-breaking effort, Bletchley Park, is set to once again house young codebreakers with the first national information security college planning to open in the complex following a £5 million renovation. The 73 year-old building will house talented 16-to-19-year-olds from 2018 as part of a …
Darren Pauli, 25 Nov 2016