Articles about Stock

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French data wrangler Talend has done it: Voila, it's a tech IPO

Big data upstart Talend rang the bell to open the Nasdaq at 9.30am today in New York City – as the company makes one of the few initial public offerings (IPOs) this year. The data integration business was founded in France in 2005, and although its headquarters are in Redwood City, California, the company is listing on the …

What's on a road to nowhere? Ingram's Q2 numbers

Ingram Micro outlined progress, or rather lack of it, when it reported calendar Q2 numbers last night and did little to convince financial markets - including Shanghai’s Stock Exchange - that it is a business going places fast. The world’s largest tech distributor said revenue for the three months ended 30 June were down four …
Paul Kunert, 29 Jul 2016

Argos changes 150 easily guessed drop-off system passwords

UK catalogue store chain Argos has changed shop passwords for its drop-off store facility after a Reg reader inadvertently discovered staff relied on weak in-store access credentials to service orders. The reader – who asked not to be named – came across the issue when she went to send two eBay parcels via the Argos drop-off …
John Leyden, 29 Jul 2016
Google's Sundar Pichai, speaking at Google I/O 2015

Google, er, Alphabet takes on 10,000 more staff, banks more and more billions from ads

Alphabet, the holding company for Google and the Chocolate Factory's other concerns, has reported strong growth in the second quarter ending June 30, with revenues up 21 per cent from this time last year. Google made up the vast majority of this revenue, accounting for $21.3bn for the quarter, with the other parts of Alphabet …
Iain Thomson, 28 Jul 2016
Barton aqueduct mid swing, photo Alun Taylor

Avoiding Liverpool was the aim: All aboard the world's ONLY moving aqueduct

Geek's Guide to Britain There are several fine examples of Victorian engineering still working in Blighty. Tower Bridge in London is one of my personal favourites. I was surprised to discover that another was on my doorstep. Well, 4.34km (2.7 miles) from my doorstep to be more accurate. The Grade II-listed Barton Swing Aqueduct in Salford was built …
Alun Taylor, 28 Jul 2016
Man relaxes, stretches out, outs his feet up on a cloud.... Fun but hammy stock pic. Photo by Shutterstock

Getting comfortable with cloud-based security: Whom to trust to do what

There are some bits of computing that you just don’t want to trust other people with. They’re just too sensitive. But at the same time, there are some things that people can do as well or better than you, for a lower cost. Finding a balance between the two can be tricky, but useful. Take cybersecurity as an example. It’s …
Danny Bradbury, 27 Jul 2016
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Twitter: $602m into -$107m

Twitter staved its losses, grew sales, increased its number of users – and still its stock has tanked today. Nothing is working. The microblogging website reported on Tuesday its financial figures for its second quarter of 2016, and – yup – it's another profit-free three months: it recorded a $107m loss, which is better than …
Shaun Nichols, 27 Jul 2016
Poison pill

Micron sets a canary to watch over its stock in case of takeover

A filing in the Securities Exchange Commission has set the hounds running on speculation that Micron Technology is the latest takeover target in the ongoing consolidation of the chip business. The filing, in the arcane language of SEC documents, gets to the point in this statement: “[N]o person will become an Acquiring …

Hans off! Ericsson unplugs CEO after gräsliga results

Ericsson CEO Hans Vestberg has been unceremoniously dumped after another set of disappointing results. The Swedish telecoms' board unanimously decided to ditch their chief exec after he failed to meet analyst expectations, despite having slashed jobs and done his best to cut costs. He has been at the company for 28 years and …
Kieren McCarthy, 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
Pokemon toys

Nintendo to investors: Pokémon Go won't make money come

Investors who bid up Nintendo have punished the company for pointing out the Pokémon Go app is not going to create a cash deluge. Announcing the official availability of Pokémon Go in its home market (in partnership with McDonald's, so you can guess where the happiest hunting grounds will be), Nintendo added that it only owns …
Woman looking sceptical. photo by shutterstock

They kept that quiet. PC sales via distributors DID rise in Q2

It is a Friday and El Reg is pleased to be able to answer the burning question on the lips of readers across the land - just how did PC sales via distribution do in the second quarter? They went well. Though retailers and wholesalers bought in stock conservatively, as recorded by Gartner and IDC, channel analyst Context …
Paul Kunert, 22 Jul 2016

Gartner's hype cycle turned upside down to assess Brexit

Gartner veep and fellow Mark Raskino has applied the analyst firm's famed Hype Cycle to Brexit. Gartner's Hype Cycle plots technologies' fortunes, asserting that after birth they ascend to a “peak of inflated expectations” before descending into a “trough of disillusionment.” The market eventually figures out what a technology …
Simon Sharwood, 22 Jul 2016
Burning money, photo via Shutterstock

AT&T: Money? Oh, sure, no I'm fine – I'm doing great (if you ignore my phone business)

AT&T says wireless revenues are down in what was an otherwise solid quarter for the US telecom giant. Its second quarter of 2016 [PDF] period was, overall, a success thanks to solid returns from the newly-acquired DirecTV. They were, however, tempered by falling revenues in other areas. Quarterly revenues were $40.5bn, up 22 …
Shaun Nichols, 21 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

The cloud ain't making it rain for Intel right now: Tech giants pause server chip sales

Analysis Intel's stock price fell on Wednesday after it became clear the processor maker is not selling quite as many server processor chips as investors had hoped. The Silicon Valley giant reckons its CPU sales into data centers will hit double-digit growth by the end of the year. So far, with half the year gone, we're staring at mid- …
Chris Williams, 21 Jul 2016
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Wavering about Apple's latest security fix? Don't, says Talos

Here's another reason to press “install” on Apple's latest OS X and iOS security patches: a slew of image-handling vulnerabilities. Now that Apple's released the patched versions, Cisco's Talos researchers have gone public with the details of their contribution to the fixes. The most serious of the bugs is in TIFF image …
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Asian nations mull regional 'Europol' in fight against cybercrime

RSA APAC A closed-door meeting of cabinet ministers from more than a dozen countries met yesterday to mull the creation of a Europol-style organisation to crack down on cyber crime in the region and abroad, The Register has learned. The Asian organisation is conceptual only, but has support from countries including China, Malaysia, …
Darren Pauli, 21 Jul 2016

Nitwit has fit over twit hit: Troll takes timeless termination terribly

Comment Twitter this week permanently banned a high-profile self-proclaimed troll, marking a possible sea-change in how the social network tackles its worst users. Baffling web celeb Milo Yiannopoulos was previously temporarily suspended from the service and earlier this year had his "verified" status revoked. Then after Yiannopoulos …
Kieren McCarthy, 21 Jul 2016
Qualcomm Stadium in San Diego

What do you call a spreadsheet with decent numbers for a change? qualcomm_q3_2016.xlsx

Qualcomm is crediting strong sales in China and an infusion of back royalty payments for a better-than-expected quarterly return. The California-based mobile chip designer said that it was able to turn around a lacking performance last quarter thanks to improved licensing revenues from smartphone sales. Additionally, Qualcomm …
Shaun Nichols, 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
Microsoft CEO Satya Nadella

Microsoft Azure doubles up to $800m a quarter – and is wiped out by dying phone sales

Analysis All eyes were on Microsoft's cloud business today as it published its fourth-quarter and full-year financial results. Amid the numbers, Redmond boasted that its Azure revenues from the quarter were up 102 per cent year-on-year – we estimate the cloud service's revenue to be about $800m in total for the period. Meanwhile, …
Iain Thomson, 20 Jul 2016
Pennies in a jar. Photo via Shutterstock

Three pence in a pound awaits Steljes' trade creditors

Unsecured creditors of audio visual distributor Steljes that are owed £6.72m by the fallen specialist will likely receive just three pence in the pound, according to the company’s administrator. Steljes collapsed in late May after cash flow dried up and directors were forced to call on AlixPartners, which decided the only …
Paul Kunert, 19 Jul 2016

Envy NVMe? Mangstor flashes $5m cash to bulk up array line

The NVMe-over-fabrics flash array startup Mangstor has had a $5m funding round. The company connects NVMe flash drives in its NX array to access servers using an NVMe over Fabrics link for access that is practically as fast as accessing local flash drives. It recently added a burst buffer capability to speed data access …
Chris Mellor, 19 Jul 2016
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VCs: Can't see an IPO or acquisition for your startup? Don't throw in the towel

Comment There surely must be an alternative to the two preferred exits for VC-backed startups – IPO or acquisition – in these times of near-VC funding drought and what seems like IPO fatigue. It used to be simple: build a storage startup that could take money and customers from the mainstream vendors, sit back and wait for competitors …
Chris Mellor, 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
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Netflix and not chill

Netflix stock is in freefall after the streaming company fell well short of its own quarterly projections. The video service says that it added just 1.7 million new members in the second quarter of 2016 [PDF], down from 3.3 million additions in last year's quarter and far worse than its earlier projection of 2.5 million. …
Shaun Nichols, 19 Jul 2016
results

What's big, blue and red all over? IBM. Profit, z Systems down, cloud up

IBM today reported its second quarter financial results and the figures don't look good, with profits falling nearly 30 per cent. The venerable computing giant did perform slightly better than analysts expected, however GAAP revenues and profits are both down year-on-year. It's the 17th straight quarter of revenue declines for …
Iain Thomson, 18 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
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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
Upset man in suit and drinking liquor. Photo by Shutterstock

One in five consumers upgraded to Win10 for free instead of buying a PC

Microsoft’s free upgrade of Windows 10 hit PC makers where it hurt though the extent of this was apparently a surprise to the software giant, data druids at Gartner have claimed. According to a survey by the holders of the Magic Quadrant, one in five consumers that upgraded to the free version of the OS decided they didn’t …
Paul Kunert, 15 Jul 2016
Nexus 6P

Google's Nexii stand tall among Android's insecure swill

Nexus devices are, unsurprisingly, the most secure Androids, says security outfit Duo. The devices are regarded as Google's flagship Android device on account of its operating system running the stock Android open source project (AOSP). Android phones from other manufacturers nearly always add custom modifications and are …
Darren Pauli, 15 Jul 2016
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Student Loans Company burns £50 million in IT project superfail

Exclusive The UK's Student Loans Company has wasted £50m on a canned IT transformation project, designed to provide a “digital by default” system to cope with a major increase in student numbers. The programme was launched in 2013 in conjunction with the Government Digital Service and was intended to be a "robust and agile customer- …
Kat Hall, 13 Jul 2016
Robots2, image via Shutterstock

A journey down the UK's '3D Tongue' into its mini industrial revolution

One of the few "horizon" technologies that is really making a difference right now is 3D printing. While other "big hope" concepts such as genetic engineering, nanotech and quantum physics have yet to make much of an impact, 3D has been making immediate inroads into traditional, sometimes ancient manufacturing techniques. …
Marcus Gibson, 12 Jul 2016

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
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Cafe killer remote code execution affects 140 million MIUI Androids

The most popular stock and third-party Android ROM – used by 170 million people – contains a dangerous since-patched remote code execution hole that could hand attackers total control of handsets. The flaw, found by IBM X-Force researcher David Kaplan (@depletionmode), now of Microsoft, exists in MIUI (pronounced Me, You, I) …
Darren Pauli, 07 Jul 2016
High-tech startup-rich neighbourhood Herzliya Pituach, Israel. Pic by InnaFelker, editorial use only via Shutterstock

Israeli tech firms make their exits, stage rich

Israeli hi-tech companies rang the tills with exits adding up to $3.3bn in the first half of 2016. A total of 45 hi-tech firms completed exit deals that averaged $74m, according to a study by IVC Research Center and law firm Meitar Liquornik. Increased difficulties in raising capital, particularly in the United States and …
John Leyden, 06 Jul 2016

Obi Worldphone MV1: It's striking, it's solid. Aaaand... we've run out of nice things to say

Review Oh, Obi. With your striking Nordic vibe, and Cyanogen OS, we did so want to like you. San Francisco newcomer Obi has released its first Western phone into the UK, and it’s is an expression of what the startup is all about: making budget Androids that don’t look budget at all. Designed by Beats headphone and Apple industrial …
Andrew Orlowski, 05 Jul 2016
John Lewis Magna Park, photo by John Lewis

John Lewis CIO commands brand-new super-group role

Exclusive Iconic British retailer John Lewis has elevated its chief of IT Paul Coby to a brand-new role, overseeing the entire John Lewis Partnership. John Lewis Partnership covers the John Lewis retailer and Waitrose chain of supermarkets and employs 91,500 staff. Companywide that’s 396 physical shops; it’s a major step up for Coby …
Gavin Clarke, 04 Jul 2016
London stock exchange, photo via Shutterstock

London Stock Exchange's German mega-merger: It's a go, despite Brexit

The London Stock Exchange takeover by its German competitor Deutsche Boerse (aka the "Merger of Equals") should still be going forward despite Brexit, but a planned vote by their respective shareholders throws another wildcard into how job cuts are shared between London and Frankfurt. The £12bn deal, announced in March, is due …
Dominic Connor, 04 Jul 2016

ZTE Axon 7: A surprise flagship contender

Hands On Few people would have placed ZTE as being in the flagship Android race this year in Europe, but its Axon 7 makes it a surprising and strong contender. You'll know the script by now: buy a Chinese manufactured Android, get top-of-the-range features, and save £100-150 over a big brand HTC, Samsung or Sony flagship. Or even more …
Andrew Orlowski, 04 Jul 2016

Sources: Nutanix poised to gobble PernixData

Exclusive Four independent sources say hyper-converged poster child Nutanix is buying hypervisor flash-cacher PernixData, thus gaining crucial technology to speed up its appliances. A Nutanix spokesman told us: "No comment." A PernixData spokesperson added: "We are not commenting at this time." A PernixData insider told The Register: " …
Chris Mellor, 01 Jul 2016
Lady eating a sandwich checking her mobile phone

Violin's reverse stock split

To avoid NYSE delisting because its stock price has been less than $1.00 for too long, Violin's board has approved a 4:1 reverse stock split. The struggling all-flash array pioneer has also gained a new board member, Bruce Grant, who has bought a 14.5 per cent stake in the company – comprising approximately 15 million shares …
Chris Mellor, 01 Jul 2016
Michael Dell, photo: Dell

Dell settles with T Rowe Price

Dell has agreed to a $25m payout to settle claims related to its 2013 private buyout. The Round Rock PC maker will reportedly pay $25m to investment firm T Rowe Price to put to rest allegations it short-changed investors on the value of its stock. Earlier this month, T Rowe Price announced it would be paying out its clients $ …
Shaun Nichols, 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
axon 7

ZTE flagship elbows aside Xiaomi

Xiaomi was expected to be the biggest arrival into the European phone market this year, but ZTE may have just grabbed the laurels. While Xiaomi is entangled with IP worries, delaying a European push, ZTE has steamed in with an attractive Android flagship, the Axon 7 - launched this week in Paris this week - one that you can …
Andrew Orlowski, 29 Jun 2016
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Zero-interaction remote wormable hijack hole blasts Symantec kit

Scores (or thousands, or millions) of enterprise and home Symantec users are open to remote compromise through multiple now-patched (where possible) wormable remote code execution holes described by Google as 'as bad as it gets'. The flaws are "100 percent" reliable against Symantec's Norton Antivirus and Endpoint according to …
Darren Pauli, 29 Jun 2016
Johnny Carson as Carnac

Disco, Pogs, and the Microsoft Surface 3

Microsoft is wrapping up production of its Surface 3 tablet, with no successor in sight. The Redmond giant has confirmed reports that it will be ending production of the Atom-powered tablet at the end of the year and selling out its current stock of hardware. The Surface Pro 4 and Surface Book remain available. "Since …
Shaun Nichols, 24 Jun 2016

Violin goes for reverse stock split

As expected, Violin Memory has decided on a reverse stock split to avoid NYSE delisting, as its stock price is too low. The delisting criteria are based on a stock's price being less than $1, on average, for 30 days, and Violin easily passed under that bar back in January, and has stayed mostly under it since. Violin's board …
Chris Mellor, 24 Jun 2016
Angus Young of AC/DC

Thunder struck: Apple kills off display line

Apple has ended production of its line of Thunderbolt monitors. The Cupertino idiot tax racket says that it will no longer be making the display available after its current stock is sold out in Apple stores and online. Apple debuted the Thunderbolt display in 2011, pushing the screen as a reason for users to adopt its new …
Shaun Nichols, 24 Jun 2016