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HP

SEC slaps HP with $108 MEEELION fine over bribe scandal

HP has agreed to a $108m settlement with the US Securities and Exchange Commission (SEC) to settle charges that company representatives paid off government officials in order to obtain contract deals. The SEC said that the settlement would end a case it had filed with the company alleging violations of the Foreign Corrupt …
Shaun Nichols, 09 Apr 2014

SEC: We won't slap IBM over its cloud revenue reporting

IBM has announced that it has avoided any regulatory action over the way it reports its revenues from cloud computing after the US Securities and Exchange Commission completed its investigation. The company said in a filing that it had been notified that the market authority wasn’t planning any action over its cloud business. “ …

SEC to investors: When dealing in Bitcoin, don't get suckered

Investor.gov, the US Securities and Exchange Commission's investor education and advocacy website, has issued an alert warning investors of the potential pitfalls of investing in Bitcoin and other virtual currencies. "A new product, technology, or innovation – such as Bitcoin – has the potential to give rise both to frauds and …
Neil McAllister, 08 May 2014
balaclava_thief_burglar

SEC mulls how to save markets from hackers: How about a CRACK TEAM... of advisers?

The Securities and Exchange Commission (SEC) invited security and finance experts to Washington yesterday to discuss cybersecurity issues and whether companies and stock markets should be required to immediately disclose attacks and invest in protecting their systems. SEC commissioner Luis Aguilar said that the agency needed to …

SEC asks Affiliated Computer Services to step aside, snaps on rubber glove

The Securities and Exchange Commission is probing bean counting methods used by Xerox tentacle Affiliated Computer Services. In a filing, the copier monster confirmed the SEC has been "conducting an investigation of certain accounting practices" at ACS, an outsourcing and data centre management player that Xerox forked out $6. …
Paul Kunert, 08 Oct 2013
Parliament House Canberra by Flickr user OzMark17 used under CC Share and Share alike licence

AWS scores same Oz gov sec creds as Azure

Microsoft yesterday pressed the ON button for Azure Australia, and one of the things the Redmondian outpost was keen to point out was that it was the only cloud in Australia to have earned the Australian federal government's Industry Security Registered Assessors Program (IRAP) certification. IRAP is run by Australia's sigint …
Simon Sharwood, 28 Oct 2014
BrickArms' Toy taliban figure

'Tech giants who encrypt comms are unwittingly aiding terrorists', claims ex-Home Sec Blunkett

Former, draconian Home Secretary David Blunkett – who held the post at the time of the 9/11 attacks in the US – has claimed that technology companies that encrypt communications on their networks are helping terrorists to spread fear. The Labour MP, writing in Saturday's Daily Telegraph, lambasted Martha Lane-Fox for telling the …
Kelly Fiveash, 09 Nov 2014
Funnel of cash. Credit: via SXC – http://www.sxc.hu/profile/Leonardini

SEC review clears Apple of dodgy tax dealings

The US Securities and Exchange Commission has given Apple's finances a clean bill of health after a review of the company's use of an Irish subsidiary to dodge corporate taxes be more tax efficient. In May Apple's CEO Tim Cook was quizzed by a congressional committee about how it managed to pay such a relatively small amount of …
Iain Thomson, 04 Oct 2013

Mellanox forges fun-sized 40Gb/sec Ethernet switch

Mellanox Technologies is trying to milk its switch-hitting, hybrid Ethernet-InfiniBand SwitchX-2 chips for every dollar possible, and has just cooked up a baby switch that can run at 40Gb/sec or 56Gb/sec using the Ethernet protocol. The SX1012 is a half-width switch that has a dozen ports in a 1U rack form factor, which means …

We'll miss SEC financials deadline, says accounts-blundering Tech Data

Tech Data has warned it will fail to report its fiscal first-quarter financial numbers to the US Securities and Exchange Commission on time due to a continuing investigation into its accounting errors. The channel biz has 45 days from the end of April to file the paperwork, but says it will sail through that deadline. The world …
Paul Kunert, 11 Jun 2013
The Register breaking news

US judge SLAMS both IBM and the SEC over bribery settlement

A US federal judge has refused to agree to a settlement between the SEC and IBM over charges dating back to 2011 alleging that Big Blue bribed Chinese and South Korean officials unless the company produces a whole new set of extensive compliance reports. Judge Richard Leon, who has been reviewing the settlement case for the past …
Phil Muncaster, 29 Dec 2012

ARM targets enterprise with 32-core, 1.6TB/sec bandwidth beastie

ARM has released more details about the innards of its cache-coherent on-chip networking scheme for use cases ranging from storage to servers to networking – specifically, its CCN-5xx microarchitecture family and its newest member, the muscular CoreLink CCN-508. It's been almost exactly 29 years since Acorn Computers' ARM1 chip …
Rik Myslewski, 06 May 2014

Intel demos inexpensive 100Gb/sec silicon photonics chip

Intel has demoed what it says it "believes" is the world's only silicon photonics module that uses a hybrid silicon laser – a breakthrough that should allow such advances as vastly improved system-to-system interconnects in the data center. The demo of the 100Gb/sec module was presented via a video during Intel CTO Justin …
Rik Myslewski, 11 Apr 2013
Mellanox SwitchX-2 ASIC and its switches, not to scale

Mellanox boffins concoct chips for 100Gb/sec InfiniBand

Mellanox Technologies reported its first quarter financial results today, and Eyal Waldman, chairman and CEO at the networking chip and switch maker, said in a conference call that the company had taped out its first experimental chip that would run at 100Gb/sec and support the future Enhanced Data Rate (or EDR) version of …
The Register breaking news

Twitter, the new stock ticker tape - and the SEC is OK with this

Financial watchdog the SEC has ruled that listed companies can make key announcements and publish financial info on Facebook and Twitter. The decision follows an investigation sparked by Netflix CEO Reed Hastings. Hastings posted on Facebook in June that subscribers to video-on-demand biz Netflix had watched more than a billion …
The 12-port F3 100G line card for the Nexus 7700 switches

Cisco revs up top-end Nexus switches with F3 chips to 100Gb/sec

Cisco has, like other switch makers, been gradually refreshing its product line to boost bandwidth from 10Gb/sec up to 40Gb/sec and 100Gb/sec speeds, and at the Cisco Live extravaganza today in Orlando, Florida, the networking trotted out a new top-end Nexus 7700 lineup that sports new ASICs and offers a more compact design than …

USB 3.1 demo shows new spec well on its way towards 1.2GB/sec goal

At CES this January, Jeff Ravencraft, the president and chief operating officer of the USB Implementers Forum USB-IF), told The Reg that the unfortunately named "SuperSpeed" USB 3.0 would double its throughput from 5Gb/sec to 10Gb/sec in its 3.1 incarnation. We recently sat down with him again and saw it in action. The demo was …
Rik Myslewski, 21 Sep 2013

Wilocity uncloaks 4.6Gb/sec Wi-Fi for next year's smartphones

Wilocity, pioneers of high-speed "WiGig" 60GHz Wi-Fi, has used the Mobile World Congress in Barcelona as the debutant ball for its 4.6Gb/sec chip for smartphones, formerly codenamed "Sparrow" and now formally dubbed Wil6300. "The huge performance boost offered by 802.11ad, operating in the 60GHz band, combined with massive …
Rik Myslewski, 25 Feb 2014
CS400

Mutant array upstart Nimble Storage slips IPO forms into SEC's postbox

Mighty mutant flash/disk array startup Nimble Storage has filed a preliminary form with the SEC announcing its intention to proceed with an IPO. The number of shares for sale and the price range haven't been decided yet – it hasn't even picked a date. Nimble was founded in November 2007 by ex-Data Domain staffers, including …
Chris Mellor, 21 Oct 2013

Mellanox gives InfiniBand a 5 BILLION PACKET/sec cloud dose

Networking tech firm Mellanox is broadening its 100Gbps InfiniBand portfolio – and is hoping that the new products and capabilities will help it expand its footprint outside its supercomputer home territory. Following on from its demo of 100 Gbps cables last March, the company is using ISC 2014 in Germany to launch the Switch-IB …
gavel_judgment_channel

SEC bars ex-Systemax veep from director role in fraud deal

The SEC has barred former Systemax veep Gilbert Fiorentino from being a director of a PLC again after finding he "fraudulently" pocketed hundreds of thousands of dollars in compensation over five years. The disgraced exec, who had been CEO of the reseller's Technology Products Group, was put on administrative leave in April 2011 …
Paul Kunert, 18 Sep 2012
Jim McNiel

SEC filing spills beans on Falconstor's breakup with ex-main man McNiel

A recent SEC filing has brought to light some of the details of the recent sudden departure of the CEO of standalone storage software shipper FalconStor - including the admonition that if the SEC didn't insist on the publication of the agreement, that neither party would tell all on, er, Twitter... The storage firm is living on …
Chris Mellor, 22 Jul 2013
The Register breaking news

NASDAQ's $62m apology for Facebook snafu approved by SEC

The Securities and Exchange Commission has approved a $63m settlement by NASDAQ OMX Group for the downtime its exchange suffered during the Facebook IPO which left traders unsure if their requested trades had gone through. "Nasdaq proposes to compensate market participants for certain claims related to system difficulties in the …
Iain Thomson, 25 Mar 2013
The Register breaking news

SEC slams NASDAQ with $10m fine for Facebook IPOcalypse

NASDAQ is forking over $10m to the Securities and Exchange Commission as penance for its poorly executed Facebook IPO. The fine was levied against the exchange for the Facebook IPOcalypse, which saw punters at first unable to buy shares in Zuck & Co's data farm social network, and then able to buy but only at unreliable prices …
Jack Clark, 29 May 2013
Suitcase bulging with cash

Oracle pays off SEC to settle Indian channel bribery claims

The Securities and Exchange Commission (SEC) has agreed to settle an outstanding action over inducements paid by Oracle India to secure government contracts. The SEC filing notes that between 2005 and 2007 Oracle India siphoned off around $2.2m from eight different contracts with the Indian government that were worth $6.7m in …
Iain Thomson, 16 Aug 2012
The Register breaking news

SEC staffers slammed for serious security snafus

There are red faces at the Securities and Exchange Commission after a report highlighted computer security failings by agency staff that forced it to spend $200,000 to check whether it had lost critical information. Staff at the Trading and Markets Division were found to have stored highly confidential and market-sensitive …
Iain Thomson, 09 Nov 2012
The Register breaking news

Bloomberg's bomb: How SEC shredded Facebook's pre-IPO claims

According to a recently publicised set of emails, US financial watchdog the Securities and Exchange Commission found that important claims made by Facebook were unsupportable and forced the company to disclose key weaknesses in its business plan before its 18 May IPO. The highlights are outlined in this lengthy report from …
Andrew Orlowski, 10 Oct 2012
OCZ VeloDrive

OCZ's SEC filing fail gives stockholders the fear

OCZ has announced that it won't be able to file its quarterly report with the SEC on time, leading to doubts about its cash position. The struggling SSD and PCIe flash card vendor appears perhaps to have loosed off a shot or two into the vicinity of its foot by expanding too fast, failing to secure reliable NAND chip supplies, …
Chris Mellor, 16 Oct 2012
Samsung SSD845DC EVO

Ain't NAND grand? Samsung unveils next-gen SAS SSD

Samsung has followed its 2012-era SM1625 SDD with the SM1623 model, and promised next-generation SAS SSDs are coming in the near future. What can it mean? The S1625, using 2Xnm-class NAND (29-20nm cell geometry) topped out at 600GB capacity. The 1623 uses 1Xnm-class geometry (19nm - 10nm) and reaches 800GB capacity. Its …
Chris Mellor, 07 Aug 2014
Samsung SM1715 3D V-NAND NVMe PCIe SSD

Samsung lays down PCIe server flash gauntlet

Faster, fatter flash cards that speed up server applications are in demand, and Samsung has announced it is mass-producing a 3.2TB NVMe PCIe SSD using its 3D V-NAND technology. It says higher capacities are coming. The SM1715 doubles the previous NVMe SSD XS1715's 1.6TB capacity maximum, and that product used standard 2D planar …
Chris Mellor, 25 Sep 2014
Cat 5 cable

Flash firm boss smacks back at SEC's insider trading charges

STEC boss Manouche Moshayedi has issued a detailed rebuttal of the SEC's indictment that charged him with insider trading, saying that the SEC is plain wrong. The SEC charges relate to a STEC public offering of shares held by Moshayedi and his brother Mark on 9 August, 2009, with the SEC alleging Moshayedi knew that EMC was …
Chris Mellor, 31 Aug 2012
The Register breaking news

Home Sec: Let us have Snoop Charter or PEOPLE WILL DIE

Home Secretary Theresa May today claimed in The Sun that her draft law to massively ramp up online surveillance of Brits will "save lives". The Tory minister managed to squeeze in a bit of last-minute lobbying ahead of the publication of a report by peers and MPs scrutinising her controversial communications data bill. In an …
Kelly Fiveash, 03 Dec 2012
Memblaze

Hey - who wants 4.8 TERABYTES almost AS FAST AS MEMORY?

Chinese flash product supplier Memblaze has launched an almost memory-speed server flash card with a 14 microsecond latency - and up to 4.8TB capacity - for the hyperscale market and open compute project applications, according to a company statement. This is a variant of its existing PBlaze3 card. Speeds and feeds: 750,000 …
Chris Mellor, 29 Oct 2014
Cray Sonexion

Cray heaves out even mightier, Lustre-ous Sonexion 2000

Cray has updated its scale-out, parallel access, Lustre-using Sonexion array with what it calls the "2000" product - providing 50 per cent more capacity and performance than the previous 1600 product in the same footprint. The 2000 delivers in excess of 45GB/sec bandwidth to a Linux cluster using Cray Cluster Connect, and has …
Chris Mellor, 17 Nov 2014
Stock ticker board

sTec flash founder cleared of insider trading charges

The wheels of SEC justice in the US grind exceedingly slowly and sometimes uselessly. Manouche Moshayedi, the founder and CEO of sTec, has just been cleared of insider trading charges filed almost four years ago. Since then sTec’s business has tumbled and it was bought by Western Digital for $340m – which was characterised as a …
Chris Mellor, 09 Jun 2014
The Register breaking news

SEC slaps inside trader with record $93m fine

Insider trading does not pay, a judge in an American civil court declared, putting a record fine on Raj Rajaratnam, the businessman who was found guilty of insider trades using a network of tech insiders – including executives at IBM and Intel. The $92.8m fine handed down by Judge Jed Rakoff is in addition to an 11-year jail …
Anna Leach, 09 Nov 2011

Mouse-slinger Logitech: Gloves are off, number probe over

Human-computer interface slinger Logitech’s three month self-examination into suspected financial blunders has concluded and the outcome could have been worse, much worse. The keyboard, mouse and pointer slinger said in May that it, along with the SEC, was conducting a probe into previous financial restatements regarding …
Paul Kunert, 04 Sep 2014
Aegis One rack room

Health Sec opens new data centre: Biz not Surrey to be in Godalming

The first phase of the colo data centre set up by new operator Aegis Data in leafy Surrey commute hotspot Goldalming was formally opened by Health Secretary Jeremy Hunt on Friday. The London data centre market, according to the firm's CEO, accounts for over half of the entire European data centre market. Most of the region's …
Chris Mellor, 14 Jan 2014
The Register breaking news

SEC: 'Man tried to sell $500bn investments on LinkedIn'

US regulators have charged a financial advisor with trying to sell $500bn of fake securities on LinkedIn, amid warnings to investors and advisory firms about the risks of buying through social networks. The Securities and Exchange Commission (SEC) alleges [PDF] that Illinois-based Anthony Fields offered hundreds of billions of …
TSM GPFS

Mirror, mirror on the wall, who has the best TSM backend of all?

A respected EMC blogger and IBM are arguing over who has the best scale-out backend storage repository for Big Blue's TSM backup and archive software: EMC's Isilon or Big Blue's GPFS. IBM says that TSM – Tivoli Storage Manager – products "provide backup, archive, recovery, space management, database and application protection, …
Chris Mellor, 12 Aug 2014
USGI UV 2000

HPC bod SGI racks UV brains, reaches 30 MEEELLION IOPS

How does 30 million IOPS from a 32-socket server grab you? We've learnt SGI has taken its UV 300H server, used in its "UV for SAP HANA" product, and boosted its performance with 64 Intel DC P3700 SSDs, which use the NVMe interface. The team working on this includes SGI's acquired Starboard Storage engineers. Starboard was …
Chris Mellor, 17 Nov 2014
chart

SEC investigates disgraced Systemax exec

The SEC has launched an investigation into the reasons behind the departure of shamed Systemax exec Gilbert Fiorentino, the company has confirmed. CEO of the technology product group, Fiorentino was suspended from the US reseller - parent of Misco and WStore - in April after an independent probe into whistleblower allegations …
Paul Kunert, 28 Jun 2011
Micron M550

Micron embiggens personal SSD for storage-hungry public

Micron has given its M500 personal SSD a kick in the pants upwards with its M550 iteration being faster and holding slightly more data courtesy of a Marvel controller. The M500 – review here – stored up to 960GB of data; this M550 moves up to a 1TB maximum capacity. It is made from the same 20nm Micron NAND but replaces the …
Chris Mellor, 20 Mar 2014
SANblox

Permabit builds shrink-your-SAN dedupe box

Permabit has built a front-end SAN box to dedupe and compress SAN data so it needs less disk capacity. The company produces Albireo deduplication and compression software, which it sells on an OEM basis. The idea is to enable disk array vendors to improve the cost/GB of their storage so that they can retain a cost advantage over …
Chris Mellor, 16 Sep 2014
Nuke blast

Facebook, are you listening? Fusion-io chucks 6.4TB 'Atomic' flash kit at world

PCIe-card flasher Fusion-io has a new piece of ioMemory hardware and is calling it the Atomic Series. This third-generation architecture product stores up to 6.4TB. The existing ioScale card stores 3.2TB of data. That’s made using 2Xnm class MLC NAND (29-20nm). Fusion says the new card is faster, maybe twice as fast as the …
Chris Mellor, 05 Jun 2014
AMD_R7_Series_SSD

AMD slaps 'Radeon' label on Tosh flash: >Beard stroke< Hmm, cunning ...

X86 CPU and Radeon graphics chipper AMD has come out with an SSD line using Toshiba/OCZ componentry. It's called the Radeon R7-Series, which us a sideways extension of existing graphics processor branding. The SSD uses 19nm Toshibs MLC flash and has been designed, we understand, for balanced read and write workloads. The speeds …
Chris Mellor, 19 Aug 2014
Hortonworks logo

Yahoo!-backed Hadoop biz Hortonworks flings itself at the stock market

Big data analytics firm Hortonworks filed paperwork with the US Securities and Exchange Commission on Monday announcing its intent to go public, making it the first of the Hadoop startups to float an initial public offering. The filing didn't say how many shares Hortonworks plans to offer or at what price, but it estimated the …
Neil McAllister, 10 Nov 2014
SanDisk_Ultra_II

Creaky PC? SanDisk gives users a NAND with speedy '3-bitter' SSD

SanDisk has pushed out an Ultra II SSD for retrofitting to PCs that uses lower cost 3-bits-per-cell NAND technology. TLC or 3 bits per cell flash stores 50 per cent more information in each cell than MLC (2 bits per cell) and is cheaper to make on a cost/bit basis. But the number of times TLC flash can be rewritten, the P/E …
Chris Mellor, 20 Aug 2014
Evil Android

Oh SNAP! Old-school '80s Unix hack to smack OSX, iOS, Red Hat?

Unix-based systems, as used worldwide by sysadmins and cloud providers alike, could be hijacked by hackers abusing a hard-coded vuln that allows them to inject arbitrary commands into shell scripts executed by high-privilege users. A class of vulnerabilities involving so-called wildcards allows a user to affect shell commands …
John Leyden, 03 Jul 2014
The Register breaking news

Look, can we just forget about Snowden for sec... US-China cyber talks held

US and China officials have attempted to hold their first working-group meeting on cybersecurity in the midst of the NSA global surveillance scandal. The representatives met on Monday to discuss how best to tackle attacks by hackers. The summit was organised in April before ex-CIA technician Edward Snowden blew the lid off the …