Articles about Wall Street Journal

Lock security

Hacker claims breach of Wall Street Journal and Vice websites, punts 'user data' for sale

A hacker known for attacking news websites has claimed successful hacks against both the Wall Street Journal and Vice. An individual going under the handle "w0rm" posted screenshots in a bid to substantiate his claims of hacks against the WSJ (here) and Vice (here) before offering to sell stolen databases from both publications …
John Leyden, 22 Jul 2014
Double Facepalm; when one facepalm is not enough.

Wall Street traders charged with stealing company code via email

Three men have been charged with pilfering trade secrets from a Wall Street firm after two of them emailed themselves computer code belonging to their former employer from their company email accounts. Glen Cressman and Jason Vuu, both former employees of Wall Street firm Flow Traders, were each charged with unlawful duplication …
Neil McAllister, 27 Aug 2013
The Register breaking news

Wall Street Journal launches own WikiLeaks

A new chapter has started in the long and complex story of Julian Assange’s relationship with mainstream media, with the Wall Street Journal launching a competitor whistleblower site. SafeHouse is soliciting whistleblower documents covering “politics, government, banking, Wall Street, deals and finance, corporations, labor, law …
wall_street

Chinese tat bazaar Alibaba snubs Honkers, eyes up Wall St float

Chinese web marketplace Alibaba reportedly looks set to field its initial public offering in the US after it failed to secure a stock exchange listing in Hong Kong. The online-shopping powerhouse, which is headed up by Jack Ma, could float on Wall Street early next year with a price tag valued at $70bn, the Wall Street Journal …
Team Register, 25 Sep 2013

Eric Schmidt joins board of weighty biz journal The Economist

Eric Schmidt has joined the board of The Economist Group for a three-year run after a shareholder vote, the group has announced. Technology is supposed to be destroying the traditional media, but tech gurus can't seem to keep their mitts off the sector. Google's Schmidt is just the latest to get involved with the old guard, …
The Register breaking news

First the NYT, now the Wall Street Journal: But are hacking attacks from China new?

Analysis The Wall Street Journal is the latest media titan after the New York Times to admit it was raided by Chinese hackers. The WSJ confessed on Thursday a day after the NYT similarly blamed intruders linked to China's military for a persistent four-month assault against its computer systems. The attack against the NYT used a …
John Leyden, 01 Feb 2013
eBay

eBay about to put part of self on eBay

eBay is about to sell off its enterprise services unit, according to folks whispering in the ear of The Wall Street Journal. The journal names private-equity outfit Permira as the buyer and suggests the company's pen is poised over a cheque with US$900m written in the “amount” field. Ebay Enterprise, as the division is known …
Simon Sharwood, 16 Jul 2015
Photo of a stack of $100 bills

Slack raises $160m from investors, gets mega $2.8bn valuation

Workplace chat app Slack has confirmed it has raised $160m (£106m), valuing the company at $2.8bn (£1.9bn), according to reports. The Slack service allows employees to create and manage internal message boards for individual projects and departments. Previously the company was valued at a mere $1.2bn (£800m). In an interview …
Kat Hall, 17 Apr 2015
willy wonka oompa loompa

Peak Google? Chocolate Factory cuts costs amid dwindling growth

Google is curbing staff recruitment and introducing a number of penny-pinching efficiency practices to try and gets its profit growth back on track, according to reports. A number of recruiters, venture capitalists and employees told the Wall Street Journal the Chocolate Factory is casting an increasingly critical eye over its …
Kat Hall, 14 Jul 2015
Fixed toy octopus

Googley TENTACLES reach towards YOUR email

Google is in talks to allow advertisers to target ads in search results using existing customers' email addresses, according to reports. The ad flinger has suggested that advertisers hand over customer information such as email addresses as part of moves to track users’ online and offline activities for marketing purposes, …
Kat Hall, 15 Apr 2015
The Register breaking news

iPad pitch to the Wall Street Journal laid bare

Steve Jobs took the iPad to the Wall Street Journal to explain why the paper should drop Adobe's Flash, to a cool reception. The details of Mr. Jobs' presentation to staff at the Journal were revealed by ValleyWag. They included his dismissal of Adobe's Flash technology along with the arguments about why the Journal should drop …
Bill Ray, 19 Feb 2010
Satoru Iwata

Satoru Iwata, Nintendo chieftain and gamer titan, dies aged 55

Nintendo president Satoru Iwata has died aged 55. The fourth president of the company, Iwata-san arrived at Nintendo in 2000 after working for HAL Laboratory. He was appointed president in 2002. Bloomberg reports that under his leadership, the company tripled its revenue on the back of the Game Boy Advance SP and the Wii. In …

iMaker Hon Hai/Foxconn earnings stall as fanbois hold fire

Hon Hai/Foxconn's revenue slowed dramatically in the second quarter, as its iGadgets manufacturing reliance began to take its toll, with fanbois' showing thrift in anticipation of a new iPhone launch later this year. The Taiwanese manufacturer stated that Q2 net profits had risen 27 per cent from the preceding year, reports …
Double Dragon

Game over for epic 15-year-long console ban, China says

Videogame giants will soon be able to make and sell consoles in China, after Beijing confirmed plans to lift a ban first instituted in 2000. Rules were relaxed in the country in 2014 to allow for the production and sale of "gaming entertainment" in the newly created Shanghai Free Trade Zone. Now, according to the Wall Street …
Kelly Fiveash, 25 Jul 2015
Railway line split. Pic: Ian Sane

Activist investor Jana Partners calls for Qualcomm break-up

Activist investors in chip giant Qualcomm are reportedly calling for a break-up of the semiconductor biz in order to boost its stock price. Jana Partners, which owns a $2bn (£1.4bn) stake in the biz, is calling on Qualcomm to spin off its chip unit from its patent-licensing operation, according to a letter to Jana investors seen …
Kat Hall, 13 Apr 2015

Fiat Chrysler recall BLUNDERING could lump carmaker with $105m fine – report

Fiat Chrysler may cop a record-breaking fine from US authorities following a series of bungles. Earlier this week, the US National Highway Traffic Safety Administration was forced to recall 1.4 million Fiat Chrysler vehicles, following revelations that the computer systems built into the cars could be exploited by an attacker …
Kelly Fiveash, 26 Jul 2015

Google Glass NOT DEAD. We're just making it 'ready' says chief

Google's executive chairman Eric Schmidt has complained that the end of the Google Glass Explorer program was misunderstood as being the end of the entire Glass concept, “which isn't true”. Following the announcement that Google had shelved the Glass Explorer on January 19th, the assumption was that the techno-specs have seen …

Intel doubles its bounty for women and ethnic minorities

Chipzilla Intel is so desperate to increase the diversity of its workforce that it is paying double its finder's fee for women and minorities, according to reports. Intel is currently offering $4,000 (£2,560) to employees who suggest job candidates that help it achieve its diversity goals, according to the Wall Street Journal …
Kat Hall, 04 Aug 2015
Samsung Galaxy S6

What can't sell Galaxy S6s and keeps going down on you? Samsung and its profits

Samsung Electronics's profits fell eight per cent, year on year, in its second quarter of 2015 – as sales of its Galaxy S6 failed to gain traction. Profit for the three-month period, which ran from April to June, fell to 5.75tn won ($4.9bn, £3.2bn). Profit for the mobile division fell to 2.76tn won, from 4.42tn won a year …
Kat Hall, 30 Jul 2015
The Register breaking news

Wall Street Journal wants your micro-payments

The Wall Street Journal online, one of the few remaining news websites that's charging for access, plans to introduce a micro-payments scheme this autumn. Non-subscribers will be charged to view individual articles, according to a report Sunday — somewhat amusingly by the WSJ's overseas rival, The Financial Times and not the …
Austin Modine, 11 May 2009
4 arrows signs in arrow on wooden wall

Apple goes to crapple in stock plunge kerfaffle: $113bn wiped off in days

Peak Apple Apple is in the midst of a stock drop that has caused the Cupertino giant to lose as much as $113bn in market cap. Since posting its last quarterly numbers, Apple (Nasdaq:AAPL) has seen its stock price drop from $125.22 per share to a low point of $112.10. Wary that Apple's meteoric growth from recent years is slowing down as …
Shaun Nichols, 05 Aug 2015

Palantir raises $450m in latest fund-raising round

CIA-backed Palantir has raised $450m (£289m) from investors, valuing the biz at $20bn (£13bn). Palantir's software is most famous for reportedly helping the US government track down Osama bin Laden, although this is something it has refused to confirm. It was also backed in its early stages by the the CIA's In-Q-Tel venture …
Kat Hall, 24 Jul 2015
Tim Cook as Mr T

More Apple Car mutterings: Cupertino slurps more autobiz brains

Internet mumblings anent the long-speculated-upon Apple car have intensified following the news that the fruity firm has hired another chap from the auto industry. Doug Betts was the lead for global quality at the Italian-American multinational Fiat Chrysler until last year, but joined Apple in July according to his LinkedIn …

Policy tsarina Rachel 'baby GIF' Whetstone dumps Google for Uber

Google’s comms and policy chief Rachel Whetstone is leaving the company, just weeks after a bizarre, GIF-laden blog post – and her former team has had its wings clipped. Whetstone has been at Google for a decade and was its US policy chief for seven years. In a sign that Google needs to look more grown up, Whetstone’s team will …
Andrew Orlowski, 14 May 2015
Glorious future of China

Russia and China seal cyber non-hack pact

Russia and China have promised to play nicely and not hack each other. The two countries also agreed to jointly counteract technology that may "destabilise the internal political and socio-economic atmosphere", "disturb public order" or "interfere with the internal affairs of the state", the Wall Street Journal reports. The …
John Leyden, 11 May 2015
Glorious future of China

Google Californian warehouse workers file to form union

Workers at a Google Express warehouse in San Francisco have filed to form a union, citing poor conditions, low wages, and lack of benefits. The Teamsters Local Union 853 announced that 140 workers at the facility have filed for a representation election. Google Express Services, operated by Swiss HR biz Adecco, provides …
Kat Hall, 28 Jul 2015
Sleeper

Airbnb beats actual posh hotel chain with stupidly large valuation

Airbnb is shortly expected to unveil a valuation of $24bn (£15bn), meaning it will soon be worth more than actual hotel chain Marriott, according to reports. This month, Airbnb expects to close a $1bn (£628m) funding round at a $24bn valuation, "people familiar with the matter" have whispered to the Wall Street Journal. In …
Kat Hall, 18 Jun 2015
Michael Hayden

'No evidence' Snowden was working for foreign power says ex-NSA boss

Former National Security Agency director Michael Hayden this week told a conference about how little fallout the NSA has suffered after the Snowden leaks, and detailed how his former agency would hack other governments. He said to his audience at the Wall Street Journal's chief financial officer conference: If somebody would …
Iain Thomson, 18 Jun 2015
Sony Vaio 11 Duo hybrid PC Ultrabook

Vaio returns from the dead wearing sharper suit, bolts in neck

Sony Vaio is making a comeback overseas, with plans to relaunch the brand on Windows 10 devices in the US and Brazil later this year. Last year, Sony axed 5,000 workers worldwide and offloaded its loss-making PC business to private equity firm Japan Industrial Partners (JIP). Chief executive of JIP Yoshimi Ota told the Wall …
Kat Hall, 19 Aug 2015

How much did T-Mobile US make from that failed AT&T buyout? How about $7.7bn

A failed 2011 merger with AT&T is paying off in a big way for T-Mobile US. Analysts at New Street Research (via The Wall Street Journal) estimate that a $1bn spectrum package T-Mobile US received in the wake of the ill-fated acquisition has ballooned in value to $4.7bn. The frequencies were part of a $4bn breakup package AT&T …
Shaun Nichols, 31 Mar 2015
Tongue

Google research bods hope to LICK BATTERY life limits – report

Google has reportedly been attempting to develop batteries that last longer. The world's largest ad broker apparently has a small team of four people beavering away at lithium-ion technology and solid-state batteries in its Google X research lab. According to the Wall Street Journal, erstwhile Apple battery bod Dr Ramesh …
Kelly Fiveash, 12 Apr 2015
Railway line split. Pic: Ian Sane

Qualcomm gazes at its navel while stroking the surgeon's saw

Qualcomm is pondering a breakup as it embarks on a major corporate soul-searching exercise prompted by activist investors, according to reports. The firm may announce the strategic review when it reports fiscal third-quarter results on Wednesday, sources told The Wall Street Journal. It follows reports in April that activist …
Kat Hall, 21 Jul 2015
Man writing a letter

Welcome to the family ... Microsoft licks nib of Surface pen maker N-trig

Microsoft has scooped up Surface Pro 3 pen maker N-trig, after partnering with the outfit for several years. Rumours that Redmond had bought the PC and tab digi pen vendor first, er, surfaced in February. On Friday, Microsoft finally confirmed the buyout of N-trig, which makes the pen tech for the software giant's Surface Pro 3 …
Kelly Fiveash, 02 May 2015
Ciscoblood

Chuck chucks Cisco's China C-suite

Incoming Borg boss Chuck Robbins has sliced a bunch of executives from Cisco's operations in China, in a response to the territory's ongoing weak performance. The move is also in line with Robbins' stated desire to flatten out the Borg's burgeoning bureaucracy. First Rob Lloyd and Gary Moore were given pink-slips, and later, Wim …
Samsung Galaxy S6

The sad song Samsung's sung: SEVENTH quarterly fail in a row

Samsung has warned the market that it's going to miss its previous earnings guidance for the April-June quarter. It will be the Korean goliath's seventh successive quarter of decline in year-on-year terms. The original guidance of 7.2 trillion won (US$6.38 billion) has been downgraded to a forecast 6.9 terawon ($6.13 billion …
Github octodex

Git a load of this: GitHub now valued at $2 billion

GitHub has received a $250m infusion of venture-capital cash that values the code-sharing website at $2bn. That means it's worth more than ZenDesk ($1.78bn), slightly less than the New York Times ($2.17bn), and more than stricken Yelp ($1.87bn). The San Francisco-based upstart said its Series-B funding round was led by VC …
Shaun Nichols, 30 Jul 2015
An Amazon Prime Air drone

YOU ARE THE DRONE in Amazon's rumoured new parcel delivery plan

Amazon looks to be exploring a new way to cut costs by turning you - or anyone willing to deliver parcels - into its drones. In an idea that's most likely a stick with which to beat its delivery contractors, the retail Leviathan reportedly wants Americans to download an app, and if they see a parcel delivery that's convenient to …
Homer Simpson wearing a Glass headset to bed

Google sneaks out new clip-on tech goggles for saddo Glassholes

Google has reportedly been developing a revision of its infamous Glass product for use in the workplace. The Wall Street Journal cited sources familiar in reporting that the new version of Glass will be a clip-on system designed for specialized tasks. Google execs have previously said that the Chocolate Factory was looking to …
Shaun Nichols, 31 Jul 2015

Arista bullish for full year results after 47 per cent YoY growth in Q2

High-performance data centre switching upstart (and Cisco litigation target) Arista Networks has reported 47 per cent revenue growth year-on-year for the quarter ended June 30. The company's financial release says it recorded US$195.6 of revenue, and a GAAP net income of $24 million (up from $21.6 million for the corresponding …
Monty Python TV viewer

Apple threw its TV out the window after years of research: report

Apple spent ten years working on a television, but gave up last year after deciding it couldn't devise something that would crack the competitive market. So says The Wall Street Journal, which found folks familiar with the effort to explain that Cupertino tried to use tellies for video calls, to no avail. Does The Journal know …
Simon Sharwood, 19 May 2015
Apple Beats headphones

Will Apple reveal a $10-a-month Spotify rival next week? Yeah, yeah, probably

Apple is gearing up to stream music online for $10 a month, a service that will rival Spotify, it is rumored. Apparently, the cloud-hosted jukebox will be separate from the iTunes Store, and will be revealed at Apple's Worldwide Developer Conference (WWDC) – which kicks off on June 8 in San Francisco. Apple is expected to …
Shaun Nichols, 01 Jun 2015
DirecTV

Uncle Sam poised to OK AT&T DirecTV gobble

AT&T's $48.5bn acquisition of DirecTV looks to be heading toward approval by the US government. Both the US Department of Justice (DOJ) and the Federal Communications Commission (FCC) are expected to sign off on the deal as soon as next week. Bloomberg cited a DOJ source familiar with the matter in reporting that approval for …
Shaun Nichols, 02 Jul 2015
Fire Phone opened

Amazon mobile strategy pivots with swipes at in-app buys, own hardware

Amazon.com looks to be changing its hardware strategy in significant ways. Exhibit A is the new Underground app for Android. Underground walks users through the process required to install a non-Google-Play app on Android and once resident on a device offers an Amazon.com shopping app and access to Amazon's app store. Amazon …
Simon Sharwood, 27 Aug 2015

Your gadget batteries endanger planes, says Boeing

Boeing has decided that lithium-ion batteries, the engine-room of the tech gadget boom, are too dangerous to haul around in bulk on cargo planes. The company has warned operators of its aircraft not to carry bulk shipments of batteries until logistics companies design better transport packaging and shipping procedures. …

Pakistan bans BlackBerry Enterprise Server

Pakistan has reportedly ordered the nation's carriers to cease offering services that route email through BlackBerry Enterprise Server (BES), a product that among other things encrypts email. Pakistan's Express Tribune reports that the nation's Ministry of Interior last Friday instructed the Pakistan Telecommunication …
Simon Sharwood, 27 Jul 2015

Microsoft doubles down on productivity with Wunderlist buy

The reinvention of Microsoft under chief executive Satya Nadella continues with reports the software giant has bought German-based iOS app Wunderlist. The purchase, originally reported behind the Wall Street Journal paywall, is in the ballpark of $US100 - $US200 million, making it roughly the same size deal as the company paid …

Google and Max Mosley settle thrash'n'tickle sex vid spat

Google has struck a private settlement deal with Max Mosley over images that show the ex-Formula One chief engaging in a sadomasochistic sex pantomime. However, videos and photos of the thrash'n'tickle sex sesh were still viewable via Google.co.uk's search engine, at time of writing. The Wall Street Journal reported on Friday …
Kelly Fiveash, 17 May 2015
Taylor Swift

Bring on the Music, Apple: Spotify ups the ante - and money pot

Music streaming biz Spotify has raised $115m (£75m) from an investor, part of the latest funding round which — according to reports — values the company at a staggering $8.5bn (£5.7bn). Swedish telephone biz TeliaSonera AB today confirmed it has handed over a further $115m to Spotify, with the company having been an investor for …
Kat Hall, 10 Jun 2015
hands waving dollar bills in the air

GoFundMe shows users how it's done, cashes in with $600m valuation

Online hat-passer GoFundMe has sold off a controlling stake of its business to investors who value it at roughly $600m. The Wall Street Journal cited sources familiar with the matter in reporting the donations broker had completed a round of venture capital funding that culminated with investors taking over the majority control …
Shaun Nichols, 25 Jun 2015
stock_ticker_board_648

SEC launches probe into tech startup share selling 'black market'

The US Securities and Exchange Commission (SEC) is launching a probe into the booming "black market" in hotly-tipped, privately-held tech stock occurring outside the US regulator's watchful gaze. According to a report by The Wall Street Journal [paywall], the SEC is to launch an investigation after observing a recent boom in …
Kat Hall, 06 Jul 2015