Feeds

Articles about Wall Street

Mozilla DENIES reported claims of board rift over new chief Eich

The Mozilla Foundation has denied that the departure of three members of its board is a vote of protest regarding the controversial appointment of Brendan Eich as CEO. The Wall Street Journal reported over the weekend that folks familiar with the matter say three directors - John Lilly, Ellen Siminoff and Gary Kovacs - bailed …
Simon Sharwood, 31 Mar 2014

Twitter rejigs layout, opens wide to swallow SLURRY OF ADS

It's been five months since the Twitter blabbergasm rolled into town. And, now that it's a grown up company trading on Wall Street, the micro-blogging site needs to crawl its way into the black. To do that, Twitter has suddenly gone a sombre grey with a layout tweak that surely signals to tweeting fans that the site is about to …
Kelly Fiveash, 08 Apr 2014
The Register breaking news

Microsoft biz stars won't shine in Wall Street web show

Microsoft watchers and stockholders scratching their heads over the recent cloud re-org, Bing's continued losses, and potential prospects for Office 2010 will have to personally trek to Redmond this year if they want to hear from those directly in charge about what's going on. That's because Microsoft has shaken up its annual …
Gavin Clarke, 28 Jul 2010
The Register breaking news

Amazon's soaring revenues depress Wall Street

Amazon continues to prove that a melting economy doesn't necessarily mean you can't continue to expand sales on the world's largest etail site. During the second quarter ending June 30, the company pulled in revenues of $4.65 billion, a fifteen per cent jump from the same quarter last year. But this wasn't enough to satisfy the …
Cade Metz, 24 Jul 2009
Sina Weibo logo

Sina rumoured to be prepping Weibo for $500m US-based IPO

Chinese web giant Sina has picked two of the big banks to prep its Twitter-alike microblogging site Weibo for an IPO in the US. Goldman Sachs and Credit Suisse have been taken on to help the site manage a debut onto the market in New York, sources told the Financial Times and Reuters. Weibo, which is hugely popular in China, is …
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
channel

Netlist's HyperCloud memory gets Wall Street's blessing

Right about now, server memory module maker Netlist is probably wishing that it hadn't already gone public. But if the enthusiasm in a new public offering by investors on Wall Street last Friday is any indication, Netlist may be onto something with its new HyperCloud DDR3 super-dense main memory for servers. As The Register …
David Flynn

Fusion-io founder Flynn flies again with new storage upstart

Ousted Fusion-io co-founder David Flynn has a new gig: startup Primary Data. And the chief marketing officer? Why, none other than Rick White, co-founder of Fusion-io and its chief marketing officer when he resigned along with Flynn earlier this year. He started at Primary Data in June. The news is reported by the Wall Street …
Chris Mellor, 13 Aug 2013
channel

Penguin Computing overclocks Opterons for Wall Street

Linux server specialist Penguin Computing has jumped into the overclocked server fray with a new Altus server aimed at clock-hungry high frequency stock trading applications. At the HPC on Wall Street Conference in New York City this week, Penguin Computing is showing off its Altus 1750 server, which is built using Advanced …
graph up

IBM pitches overclocked Xeons to Wall Street

Big Blue has joined the ranks of server makers that are pitching servers using over-clocked processors to latency-sensitive financial services companies. IBM's new System x3650 M3 HF server is based on Intel's "Everest" Xeon 5698 variant of the "Westmere-EP" Xeon 5600 lineup, which has four of its six cores disabled and which …
Lenovo Yoga

Lenovo shares in trading halt ahead of 'disclosable transaction'

Lenovo has halted trade in its shares, "pending the release of an announcement in respect of a discloseable transaction which constitutes an inside information of the Company." That quote comes from this statement (PDF), the second such document emitted by Lenovo in recent days. The previous statement (PDF) said "the Company is …
Simon Sharwood, 23 Jan 2014

Murdoch EYEBALLS Twitter with $25m buyout of news aggregator Storyful

A Dublin, Ireland-based company that carefully strips out news stories from other content on sites such as Twitter has been bought by Rupert Murdoch's News Corp for $25m. Storyful, whose founder and chief Mark Little rather grandly bills the outfit as "the first news agency of the social media age", will operate as a standalone …
Kelly Fiveash, 20 Dec 2013

Apple 'happy ending': BULGING iPhone WAD - but can it ever be enough?

Apple has reported its financial results for the fourth quarter of its fiscal 2013: its numbers handily outperformed the projections published by the Wall Street moneymen, though net income slipped from the same period last year. For the quarter, Apple's all-important earnings per share (EPS) came in at $8.26 on revenues of $37. …
Rik Myslewski, 28 Oct 2013
John Chambers at the World Economic Forum 2010

BIG trouble in BIG China: Cisco shares fall off a cliff as CEO warns of slump

Cisco's shares slumped ten per cent in after-hours trading on Wednesday after the networking kingpin copped to terrible performance in emerging markets. The hardware giant squeezed $2.9bn in net income (up 11.6 per cent year on year) out of revenues of $12.1bn (up 1.8 per cent) in the third quarter of 2013. The company beat Wall …
Jack Clark, 13 Nov 2013

Terminator-maker 'Cyberdyne Inc' lists on Tokyo stock exchange

El Reg readers of a more fatalistic disposition may be dismayed, but probably not surprised, to hear that Cyberdyne - the company that invented Skynet and ultimately the murderous "Terminator" machines - has just listed on the Tokyo stock exchange. Of course, it’s not the shadowy defence firm of the iconic Arnie films, which …
Phil Muncaster, 27 Mar 2014
First official pic of Ashton Kutcher as Steve Jobs

Zuckerberg, Musk and Fake Steve Jobs invest in secretive AI firm

Elon Musk and Mark Zuckerberg have become some of the latest investors in secretive artificial intelligence software firm Vicarious. The SpaceX billionaire and the Facebook founder took part in a $40m funding round, the second major cash-raising from the firm in the last two years, the Wall Street Journal reported. The actor who …

Android engineer: We DIDN'T copy Apple OR follow Samsung's orders

Samsung brought in heavyweight champion Google to fight in its corner in its latest patent bout with Apple in the US on Friday. In the latest instalment of the ongoing patent wars, current veep of engineering for Android, Hiroshi Lockheimer, testified that Android was all Google's idea. Much as Apple engineers did in their …
Samsung logo

Say CHEESE: Samsung files patent for transparent camera

Korean electronics giant Samsung appears to be upping its efforts to crack the digital camera market after a patent filing emerged detailing designs for a compact camera with a completely transparent display. The filing with the Korean Intellectual Property Rights Service (KIPRS), seen by the Wall Street Journal, describes the …
Phil Muncaster, 20 Mar 2014
Air pollution in Harbin, Heilongjiang province, northeastern China, in October 2013

Chinese company counters pollution by importing fresh air

Citizens in a smog-choked part of China have been queuing for bags of air imported from the country's mountain regions. According to both the Wall Street Journal and the Chinese state-run China News Service, a promotional campaign has been offering users the opportunity to take hits from pillow-sized bags of air collected in the …
Shaun Nichols, 01 Apr 2014
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

Google poised to become world's first TREEELLION DOLLAR company?

Now that 2014 is up and running, you might be looking over your stock portfolio and reevaluating your investment options. If so, one analyst has a bit of advice: go long on Google, which he believes may become the world's first trillion-dollar company. That's trillion. With a "T". As pointed out in a "welcome to the new year" …
Rik Myslewski, 03 Jan 2014

Apple rakes in 60% of profits in still-surging smartphone market

The global smartphone market continues to skyrocket, and Apple and its iPhone line continue to slurp up the lion's share of that market's profits despite holding a relatively small marketshare when compared to arch-competitor Samsung. Percentage of operating profit from mobile phones (globally, select vendors) Apple pulls in an …
Rik Myslewski, 18 Mar 2014

Yahoo! keen! to! slurp! news! video! distie! site!

Yahoo! is reportedly chatting up the folks at online video service News Distribution Network for a potential acquisition worth $300m. Sources whispered to the Wall Street Journal that the Purple Palace is in talks to slurp NDN for around $300m, although the negotiations are only in the early stages so they could still fall apart …
Apple iPod Touch 5G

Apple declares war on PAYPAL: Pay-by-bonk + iTunes = profit, right?

Apple is planning to take on Paypal with its own mobile payment system, it has been claimed. According to a report in the Wall Street Journal, Eddy Cue, the man in charge of iTunes and the App Store, has been meeting with industry bigwigs to discuss using iDevices to handle payments for goods or service. It is understood that …
Jasper Hamill, 27 Jan 2014
Dropbox IOS

Googorola's Dennis Woodside shuffles over to Dropbox

Googorola employee Dennis Woodside has reportedly been lured away from his role as chief exec of Motorola Mobility, ahead of its sale to Lenovo, to the newly created chief operating officer position at cloud sync and backup firm Dropbox. Woodside has been with Google for more than ten years and most recently headed up the Moto …

Not just for Glasswipes: Google to drop SDK for all Android wearables

Google is preparing to release a new SDK for makers of wearable devices in the hope of running Android into a myriad of accessories. Top exec Sundar Pichai told the South by Southwest conference yesterday that the company is prepping the software development kit for release in the next two weeks, the Wall Street Journal and …

Comcast to acquire Warner Cable – reports

The US broadband market looks set for a shake-up, with multiple reports tipping Comcast to acquire rival Warner Cable. CNBC claims it broke the story and The Wall Street Journal has since published a (paywalled) story reporting the same details: it's a $US45bn all-stock deal. Comcast and Warner are respectively the USA's number …
Simon Sharwood, 13 Feb 2014

Apple ups revenue estimates in wake of nine million–phone weekend

In a filing with the US Securities and Exchange Commission, Apple has announced that it now expects its revenue to come in at the high end of the range it projected when it announced its financial results for its third fiscal quarter of 2013 this July. In the filing this Monday, Apple CFO Peter Oppenheimer cited the sale of nine …
Rik Myslewski, 23 Sep 2013
wall_street

Dell will drop the F-bomb FIVE days early in epic power struggle

Dell has pulled forward the reporting of its fiscal Q1 financials by five days amid a battle between Michael Dell and activist investor Carl Icahn over the future ownership of the Texan PC giant. The company confirmed last night that it has scheduled the conference call with analysts tomorrow - 16 May - indicating that Dell's …
Paul Kunert, 15 May 2013
The Register breaking news

Google back to wowing Wall Street

Google still has a knack for wowing Wall Street. Today, the world's largest search engine announced profits of $1.07bn for the financial quarter ending September 30, a 46 per cent year-over-year increase that exceeded the expectations of Wall Street analysts. Meanwhile, Q3 revenue hit $4.34bn, a 57 per cent jump from the same …
Cade Metz, 19 Oct 2007

Rampaging Google now second most valuable company ON EARTH

Apple may handily hold the title of World's Most Valuable Company when measured by the size of its market capitalization, but the number-two spot, long held by fossil-fuel pusher Exxon Mobil, has been usurped by one of Cupertino's craftiest competitors: Google. As we clicked Publish on this story after the markets closed on …
Rik Myslewski, 07 Feb 2014
T-Mobile Sprint

Look behind you, T-Mobile US: Sprint wants to GOBBLE you – allegedly

Mobile network Sprint is rumored to be considering a bid for rival T-Mobile US. Such an acquisition, suggested by sources talking to The Wall Street Journal, would further consolidate the already shrinking field of wireless carriers in America. Should a deal go through, Sprint would become the third player in a national market …
Shaun Nichols, 14 Dec 2013

Dell exec tells El Reg: Privatization has fired up 'world's largest startup'

There's a lot of business-building freedom to be gained by escaping the tyranny of the Wall Street moneymen and turning your company into "the world's largest startup," a Dell exec tells The Reg. When a company goes through a major transition as Dell has in its recent oh-so-public wrestling match with activist investor Carl …
Rik Myslewski, 26 Nov 2013
Great Britain beat Australia 52 - 51 in extra time in the group stages of the London Invitational Wheelchair Rugby Tournament, the test event for the London 2012 Wheelchair Rugby competition. PIC CREDIT : london 2012

Facebook seeks WIDE EYES of sports fans to rival Twitter

Facebook is to acquire a San Francisco-based startup that sifts through mentions of sport on social media. Financial details of the planned buyout of SportStream were kept secret. The move is Facebook's latest attempt to compete for eyeballs with rival free content ad network Twitter. It comes after the Mark Zuckerberg-run …
Kelly Fiveash, 18 Dec 2013
Bill Gates and friends

Bill Gates is BACK... as CHIEF RICH human of PLANET EARTH

Microsoft supremo Bill Gates is once again the richest person on the planet, after being relegated to second place for the last four years. Forbes said that Gates had forced Carlos Slim into the runner up position by amassing $4bn more in personal wealth in 2013 courtesy of MS shares performing well on Wall Street. The 58-year- …
Team Register, 03 Mar 2014
Doctor Who: The Robots of Death

Google, Foxconn team to build ROBOT ARMY

Contract manufacturer and long time Apple-assembler-extraordinaire Foxconn is now helping Google achieve its ambitious plans in the robotics space, according to the Wall Street Journal. The two firms have apparently been working on something since last year. People familiar with the matter told the paper that Google’s new robot …
Phil Muncaster, 12 Feb 2014

Report: Apple seeking to raise iPhone 6 price by a HUNDRED BUCKS

Apple is reportedly talking with wireless carriers about pricing for its upcoming iPhone, but not about reinvigorating a stalling smartphone market by lowering prices, instead about raising the cost of its top-of-the-line handsets. "Our checks indicate Apple has started negotiating with carriers on a $100 iPhone 6 price increase …
Rik Myslewski, 14 Apr 2014
Lovefilm

Amazon wrapping FireTube tellybox for Christmas – reports

Amazon is reportedly preparing its set-top telly box to go on sale in time for the Christmas shopping season. People who had been briefed on the firm's plans whispered to the Wall Street Journal that the box, which commentators have suggested will be called FireTube after Amazon applied to trademark the name, would be ready to …
DNS? It's a real bind

DNS poisoning slams web traffic from millions in China into the wrong hole

A widespread DNS outage hit China on Tuesday‪, leaving millions of surfers adrift.‬ DNS issues in China between 7am and 9am GMT left millions of domains inaccessible. Two-thirds of China’s DNS (Domain Name System) infrastructure was blighted by the incident, which stemmed from a cache poisoning attack. Chinese netizens were …
John Leyden, 21 Jan 2014
For Sale sign detail

NetApp, Wall St is very disappointed in you

NetApp's progress seems to be slowing, as it disappointed Wall Street with lower-than-expected quarterly revenues, although profits were up. The company blamed unexpected weaknesses in some large accounts as it unveiled second quarter revenues of $1.507bn in its fiscal 2012 year. This was 20.5 per cent higher than a year ago ($1 …
Chris Mellor, 17 Nov 2011
Tim Cook

Tim Cook dangles 'new product categories' carrot over $14bn Apple share buyback

Tim Cook has embarked on a massive $14bn share buyback in a bid to calm the nerves of tetchy Apple shareholders. Shares dropped by eight per cent last week after Apple announced its quarterly results, which predicted a a slow down in revenue this quarter. To reassure investors like Carl Icahn, who wants Apple to launch a $50bn …
Jasper Hamill, 07 Feb 2014
Oracle's Iron Man 2 ad

Oracle: Our figures say hardware has flatlined, but we assure you it hasn't

Database and wannabe hardware giant Oracle has beat Wall Street expectations after nine disappointing months, and said cloud services are one of its three main growth areas for next year. The company reported its second-quarter results for its fiscal 2014 year on Wednesday, and surprised analysts by stemming the rot in new …
Jack Clark, 19 Dec 2013

Popular app gets Apple acquisition for founder

A minnow app maker has been swallowed by Apple for an undisclosed sum. Australian readers with long memories will know the name Dr John Papandriopoulos: some years ago, he gained fame as a contributor to research into very-high-speed DSL services, something which saw him head to the US to work briefly with DSL development outfit …

The Schmidt hits the Man: NSA spying on Google servers? 'OUTRAGEOUS!'

Google's executive chairman Eric Schmidt has branded the NSA's alleged surveillance of web giants' data centers "outrageous". Speaking to The Wall Street Journal, Schmidt lashed out at American spooks after documents from whistleblower Edward Snowden suggested Google and Yahoo! data center links were being snooped on. "It's …
Shaun Nichols, 04 Nov 2013

Sony battery recall as VAIO goes out with a bang, not a whimper

If you're one of the few people who bought a Sony VAIO Fit 11A laptop/tablet convertible unit in the last few months, you need to unplug it immediately and step away from the system, Sony has warned. "It has come to our attention that some of the internal, non-removable battery packs provided to us by a third party supplier and …
Iain Thomson, 11 Apr 2014
IBM Selectric Golfball

IBM renews attempts to offload server biz: report

IBM is trying to offload its “low-end” server business, according to The Wall Street Journal. The Journal's report suggests Dell hasn't turned up its nose in disgust at the idea of buying Big Blue's server unit and that Lenovo could also be sniffing around. IBM's motivation for selling off low end servers is not clear, nor is …
Simon Sharwood, 20 Jan 2014

Twitter WLTM UK-based pro lobbyist with GSOH - is ready for ads

As Twitter prepares to become an ad-stuffed free content network, the company is hiring a lobbyist for its UK office to "manage" public policy in Europe. It's the first such Blighty-based role advertised by the micro-blogging site and comes just months after Twitter floated on Wall Street. Responsibilities for the post include …
Kelly Fiveash, 21 Jan 2014
The Register breaking news

Overstock CEO offers $75,000 for Wall Street's soul

Overstock CEO Patrick Byrne is now paying people to promote his epic Wall Street conspiracy theory. At a site called Deep Capture - yes, Deep Capture - Byrne and his fellow theorists recently published a nearly 40,000-word treatise detailing his claims that Wall Street, the Wall Street press, Wikipedia, and the Russian mafia …
Cade Metz, 24 Jun 2008
The Register breaking news

Oracle slips notes to Wall Street

In the classic movie, Take the Money and Run, Woody Allen's character, Virgil Starkwell, tries to rob a bank with a note that says "Please put $50,000 into this bag and act natural. I am pointing a gun at you." The bank teller can't read his handwriting and insists that it says "gub," not gun. After consulting with a colleague …
Simpana 10 Content Store

CommVault boosts profits by 25%, bucks storage slump trend

Data backup and archive software supplier CommVault has delivered a object lesson in how to run a business, filing Wall Street-beating revenues and profits for its latest quarter. Its revenues for the second quarter of its fiscal 2014 were $141.9m, up 20 per cent annually and 6 per cent more than the previous quarter. Net income …
Chris Mellor, 29 Oct 2013