Articles about Trade

Surface_ripples

EMC XtremIO has its quirks but rumours of its death are overblown

Comment A rumour from last week implied EMC was considering shutting down its XtremIO product line. How likely is it – and is there any basis to EMC taking this direction? The rumour seemed to come from a number of separate parties, although we can’t exclude a clever viral marketing campaign from a competitor. XtremIO history EMC …
Chris Evans, 25 Jul 2016
Fibre, image via Shutterstock

Not-BT-Openreach' biz CityFibre sextuples pipeline

Cable-layer CityFibre has booked a six-fold increase in contracts during its first half of 2016, with £53.8m in the pipeline compared with £8.1m for the same period last year. New contracts signed in the period comprise 3,702 new customers, more than three times the total amount on the books in 2015 (1,110), and more than …
Kat Hall, 25 Jul 2016
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Is digital fraud big in UK? British abacus-botherers finally have some answers

Reports of fraud have doubled, according to official statistics – because the Office for National Statistics (ONS) is now including cyber crimes in its figures. The UK's ONS reckons, in crime statistics released last week, that more than two million computer misuse offences and 3.8 million online fraud offences took place in …
John Leyden, 25 Jul 2016
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What's Brexit? How Tech UK tore up its plans after June 23

Leaders of many British tech firms were less than thrilled to hear that the UK had voted to leave the European Union. “I was shocked and horrified,” says Kate Craig-Wood, managing director of hosting firm Memset, who we spoke before the June 23 vote. Her comments were echoed by others. Mike Laven, chief executive of fintech …
SA Mathieson, 25 Jul 2016
Files in manager's desk drawers: manila folder marked "Redundancies". Image via shutterstock

Third time unlucky? HPE in redundancy talks with UK services staff

Hewlett Packard Enterprise has told UK and Ireland Enterprise Services (ES) staff they face the axe once again – in a third round of redundancies in less than a year. The company, which is offloading the division to CSC in the next financial year, is asking for volunteers this time unlike the previous compulsory job cuts. In …
Paul Kunert, 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

All you need for quantum computing at room temperature is some mothballs

Much of the current research on the development of a quantum computer involves work at very low temperatures. The challenge to make them more practical for everyday use is to make them work at room temperature. The breakthrough here came from the use of some everyday materials, with details published today in Nature …

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
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South Korea mulls TREEELLION-Won fine for Qualcomm

South Korea's Fair Trade Commission (KFTC) has Qualcomm in its sights again, telling the Korea Times the company could be up for a trillion-won fine (nearly US$880 million) over anti-trust violations. The fine (which would set a KFTC record) concerns an ongoing dispute in South Korea over how Qualcomm levies royalties for its …

US govt is in, EFF told to take a hike in post-Safe Harbor wrangling over privacy and EULAs

An Irish high court judge has accepted the US government into a high-profile case involving Facebook and mass surveillance – but rejected a number of civil liberties groups including the Electronic Frontier Foundation (EFF). In a judgment [PDF] published Tuesday, Justice Brian McGovern noted that the United States government …
Kieren McCarthy, 19 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

Australia gets one-quarter of a minister for national infosec

If you were hoping tech would get some kind of boost in the Turnbull government's third ministry, prepare for disappointment. Mitch Fifield retains communications, and Fiona Nash remains minister for regional communications – which at least means the telcos don't have to spend the time and energy getting to know capturing …

Shelfware wars should be conceded, admits Microsoft compliance boss

The UK head of Software Asset Management (SAM) and Compliance at Microsoft, Mark Bradford, admitted at a recent seminar held by one of its enterprise licensing sellers Bytes that Shelfware issues “should be conceded”. Bradford said his group, responsible for working with channel firms to perform reviews of customers, didn’t …
Martin Thompson, 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

FTC lets Nest off the hook over Revolv IoT hub bricking shame

The US Federal Trade Commission (FTC) has decided not to move forward with an investigation into smart-home company Nest and its decision to end support for the Revolv hub. In a letter [PDF] to the Google stablemate, the regulator said it had "decided not to recommend enforcement action at this time," referencing "confidential …
Kieren McCarthy, 15 Jul 2016
Privacy image

Cloud giants demand overhaul of America's privacy rules on overseas servers

Technology trade organizations have urged the US Congress to replace the country's antique privacy protection laws – after a New York court stopped American prosectors from seizing emails from servers offshore in Ireland. A Second Circuit Court in the so-called "Irish Warrant" case, brought by Microsoft against the US …
Andrew Orlowski, 15 Jul 2016
A plate of horderves

Ad viewability worsens

Ad viewability worsened in the UK according to the adtech industry's own trade body, the IAB. Viewability of display ads fell to 47 per cent in Q2 2016, the lowest for six quarters, and lower than the international average of 56 per cent, and European rivals. An ad must be viewable for a full second, according to IAB metrics …
Andrew Orlowski, 15 Jul 2016

Successful fintech: UK has some, but it's not in Silicon Roundabout

Open up the business pages of any national newspaper and much of the coverage is focused on the latest fintech startup, the marvel that will transform the global financial system, backed – inevitably – by big name venture capital firms. But is this obsession with fintech deserved? A cool analysis of the phenomenon long term …
Marcus Gibson, 15 Jul 2016

Microsoft wins landmark Irish data slurp warrant case against the US

Updated Microsoft has won a landmark legal action against the US government over protecting the privacy of non-US citizens on non-US servers. The appeals court decision invalidates a key legal tool the US government uses to apply extraterritorially. The software company voluntarily put itself in contempt of court by challenging Uncle …
Andrew Orlowski, 14 Jul 2016

EU eyes flaw in Google’s cash machine

Analysis The European Commission has opened an aggressive new front in its battle with Google, one that Google thought it had secured years ago. And this is one that starts to gnaw away at Google’s core cash generation business. As well as advancing its prosecution of Google over vertical search, the new third area where the Commission …
Andrew Orlowski, 14 Jul 2016

Tupperware vehemently denies any link to storage containerisation

Lawyers for Tupperware, purveyors of the middle class plastic food containers, have written to El Reg denying it has anything to do with that nasty containerisation tech so beloved of the storage world. According to an email sent to us last week and neatly hidden from our sight by ever-vigilant spam filters, the Tupperware …
Gareth Corfield, 13 Jul 2016
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Dell and EMC name the captain who'll run their $36bn channel biz

Dell has chosen one-time AMD exec and its current veep of sales John Byrne to head up its near-$36bn turnover global channel biz, once it has swallowed EMC in the coming weeks. The $67bn buy of the storage giant is due to close late in July or early August, sources close to the situation told us, when the enlarged organ will …
Paul Kunert, 13 Jul 2016
Gunther Oettinger, EU digital commissioner. Photo by Shutterstock - must mark as editorial use only

EU operators’ 5G manifesto misses the point

Never before have events coincided so neatly to demonstrate the gap between mobile operators’ thinking about 5G, and how future networks will really be deployed for disruptive effect. While Europe’s leading MNOs were presenting a backwards-looking "5G Manifesto" to the European Commission, veiling pleas for net neutrality …
Wireless Watch, 13 Jul 2016

Free concert! Against TPP?

Internet advocacy group Fight for the Future will host a series of music concerts in Denver, San Diego, Seattle and Portland – to protest the Trans Pacific Partnership (TPP) trade agreement. The Rock Against the TPP idea has been joined by the Electronic Frontier Foundation (EFF) and a number of musicians, including guitarist …
Kieren McCarthy, 12 Jul 2016
Street musician busks for coins. Photo by Shutterstock

Spotify, YouTube pay musicians with ever-shrinking buttons

Digital music is a loss leader for tech giants, driving traffic to other parts of the plantation as they harvest personal data. But it’s creators who are carrying the loss. “Leaked” Spotify numbers suggest its maintaining an audience lead over Apple in the digital streaming business - but only by giving the music away for …
Andrew Orlowski, 12 Jul 2016
Man in helmet looks uncertain, holds up shield. Photo by Shutterstock

European Commission straps on Privacy Shield

The European Commission has this morning adopted the EU-US Privacy Shield agreement, which will enter into force as soon as all member states are notified of the adequacy decision (PDF). Privacy Shield, which has been adopted after months of negotiations, is an agreement between the EU and the US which ostensibly ensures that …

Don't doubt it, Privacy Shield is going to be challenged in court

Analysis The European Union's attempts to make data transfers to the United States compliant with privacy laws are an opaque exercise, so much is obvious, but will they work? It's clear that it is necessary to retain the Transatlantic data trade – in economic terms, but also as a means of preventing the Balkanization of the internet. …

YouTube stars shilled for Warner Bros, screwed up, and now the FTC has written an angry letter

Warner Bros has settled a complaint that YouTube celebs it paid to promote its video game online didn't declare that they were taking the entertainment giant's coin. YouTubers who agreed to publicize 2014's Middle Earth: Shadow of Mordor were given cash on condition they produce a favorable review of the game, not show any …
Shaun Nichols, 12 Jul 2016
Dr Werner Vogels, Amazon CTO, speaking in London

Next big thing after containers? Amazon CTO talks up serverless computing

AWS Summit London Amazon CTO Dr Werner Vogels talked up the value of serverless computing at the AWS (Amazon Web Services) London Summit last week. "What we’ve seen is a revolution where complete applications are being stripped of all their servers, and only code is being run. Quite a few companies are ripping out big pieces of their …
Tim Anderson, 11 Jul 2016
Johnny English

FBI arrests satellite engineer on charges of espionage

A US military contractor is alleged to have tried to sell Uncle Sam's satellite secrets to someone he thought was a Russian intelligence officer, the Feds claim. Gregory Allen Justice, 49, of Culver City, California, worked as a security tester on military satellites, including the GPS system, the Milstar military …
Iain Thomson, 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

Infosec bods NCC walk away from the domain services biz

UK-based infosec consultancy NCC Group is withdrawing from the domain services biz while retaining domain security capability. The tactical switch was announced as NCC reported revenues up 56 per cent to £209.1m in the 12 months to 31 May 2016, compared to £133.7m in its previous financial year. NCC’s adjusted pre-tax profits …
John Leyden, 07 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
Man holding money

Tech upstarts to pocket up to $5m from crowd-fund suckers, er backers

A pair of newly passed bills in the US Congress will increase the amount of money tech startups can raise to cover their early expenses. The Fix Crowdfunding Act (HR 4855) and the Supporting America's Investors Act (HR 4854) will raise the limits on money that companies can gather through crowdsourcing and venture capital …
Shaun Nichols, 06 Jul 2016
Illustration of a "bitcoin" dissolving into numbers. Photo by SHutterstock

Bitcoin child abuse image pervs will be hunted down by the IWF

Blockchain forensics are being harnessed in an effort to clamp down on the trade in images of child sex abuse on the dark web. The Internet Watch Foundation (IWF) is teaming up with Elliptic, a UK blockchain intelligence start-up, in a bid to track individuals who use Bitcoin to pay for images of child sex abuse. The IWF is …
John Leyden, 06 Jul 2016
UN building, photo via Shutterstock

WIPO chief trying to 'fix the composition of the Staff Council' – lawyer

WIPO's director general Francis Gurry is seeking to strengthen his hold on the UN’s global IP group by getting rid of its staff council. A lawyer for the council, Matthew Parish, has written to all United Nations ambassadors expressing concern over Gurry's attempts to alter the composition of the body, whose most recent …
John Oates, 06 Jul 2016
Woman in horse mask takes a selfie. Photo by Shutterstock

'Digital influencers' must disclose paid-for content, says new guidance

Online publishers, bloggers, tweeters and other "digital influencers" must "clearly and prominently" label content they are paid to produce as paid-for promotions, new guidance developed by a body of regulators from around the world has said. The International Consumer Protection and Enforcement Network (ICPEN), in work led by …
OUT-LAW.COM, 06 Jul 2016
Blackmail

FTC wants a date with Ashley Madison's fembots

The US Federal Trade Commission has decided to add Ashley Madison's “fembots” to the company's long list of woes. The existence of the fembots – fake profiles used to keep men on the “Life is short, have an affair” forking out funds in case they got lucky – was revealed after the infamous hack of the site. The investigation …
By Bob Bob - https://flic.kr/p/914kty

5 years, 2,300 data breaches. What'll police do with our Internet Connection Records?

Police forces across the UK have been responsible for “at least 2,315 data breaches” over the last five years, according to research by Big Brother Watch, prompting concerns about the increasing amount of data they're holding. Titled Safe in Police Hands? the 138-page report is released today after months of requests made by …

Researcher pops locks on keylogger, finds admin's email inbox

Trustwave researcher Rodel Mendrez has gained access to the inbox of the criminal behind a commercial keylogger used to attack industries including finance, cloud services, logistics, foreign trade, and government. Mendrez's reverse engineering effort found credentials buried within the Hawkeye keylogger that lead through …
Darren Pauli, 05 Jul 2016
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DRAM and blast it: Micron staff face axe after flash woes

Micron made a loss of $215m in its latest quarter, job losses are coming, and the Seagate eSSD partnership hasn’t taken off. Its fiscal third 2016 quarter revenues were $2.9bn, compared to $3.85bn a year ago and $2.93bn a quarter ago, when it made a $97m loss. Things have gotten a whole lot worse since then on the price-mix …
Chris Mellor, 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
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
ETA telco cable contest winners

Loop Dreams: Top college talents showcase their skills … in cabling

Students from around the US gathered recently in Louisville, Kentucky to take part in a series of contests based on installing, maintaining, and troubleshooting lines for telco networks. The SkillsUSA Telecommunications Cabling Championship brought high school and university students together to compete in events including 25- …
Shaun Nichols, 30 Jun 2016
Files in manager's desk drawers: manila folder marked "Redundancies". Image via shutterstock

Lloyds Banking Group puts 640 techies and backroom bods on chopping block

Lloyds Banking Group is to chop 640 jobs in IT and back office functions as it forges ahead with plans to reduce its branch network's real estate. Workers impacted by the planned redundancies are understood to be based in locations across the UK in London, Bristol, Manchester and Edinburgh. A PR man at the company confirmed …
Paul Kunert, 29 Jun 2016

Dixons, UK's fifth 'emergency service', brushes off Brexit scare stories

Dixon Carphone - which, god help us, wants to become the fifth emergency service in the UK - this morning played down the personal impact of market “volatility” that a post-Brexit vote will “inevitably” cause as it reported bumper profits for fiscal ’16. The retailer said like-for-like group sales edged up three per cent year- …
Paul Kunert, 29 Jun 2016
Digital feet, photo via Shutterstock

Body of evidence: Biometrics and YOU

The proliferation of password protection has become an assault on the senses. The rise of biometric authentication is helping to create some balance, enabling verification with a simple interaction, which, for many, is the fingerprint reader on a mobile phone. And once you start using the fingerprint/phone combo for NFC payments …
Bob Dormon, 29 Jun 2016

Crooks abusing Facebook to offer credit card samples

Crooks are using social networks like Facebook to offer free samples of stolen credit cards. Facebook is “not proactive enough” in dealing with the threat, according to Daniel Cohen, head of anti-fraud service for RSA in Israel. A simple search of “cvv2” inside Facebook turns up several stolen credit card freebie sample …
John Leyden, 27 Jun 2016
George Osborne

Osborne on Leave limbo: Travel and trade stay unchanged

Keep calm and carry on is the Chancellor’s message to UK firms trading with Europe working with EU staff following last week’s shock victory for Vote Leave. George Osborne made a statement Monday morning designed to calm the markets and business jitters since the referendum result to leave the EU. Osborn stated the fact that …
Gavin Clarke, 27 Jun 2016
Child in shock in front of computer. Photo by Shutterstock

Tech firms reel from Leave's Brexit win

BREXIT Tech firms are reeling at British voters’ decision to leave the single European market. Firms are rattled as Gartner has forecast that Britain’s tech buyers will now stop spending in 2016 and 2017, turning earlier growth numbers negative. Also of concern, hiring of EU workers, uncertainty over VAT levels and possible new …
Gavin Clarke, 24 Jun 2016