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bubble

Xiaomi the money: China's latest IPO star tastes of bubble tea

Analysis Xiaomi's rush to go public is as much a sign of a speculative bubble as Bitcoin mania. Will it have a happy ending? Somebody seems to be in a hurry. Xiaomi is only just making a comeback from a crash last year. But for the few years prior to that, though, Xiaomi enjoyed astonishingly unctuous coverage. "Is Xiaomi the next …
Andrew Orlowski, 16 Jan 2018
Crying

DXC execs: Here's ANOTHER deadline for skills profiling

DXC Technologies' employees still reluctant to upload their "skill profile" onto a company database they fear will be used in the next big redundancy rounds yesterday got a ticking off from top brass. The great unwashed at DXC were given a fortnight until 17 November to complete the online forms to create a “holistic and …
Paul Kunert, 16 Jan 2018
Crystal ball. Pic: Shutterstock

Hey Europe, your apathetic IT spending is ruining it for everyone

Listless IT spend in Europe is dragging down the pace of global recovery, according to the latest prediction from entrail-prodders Gartner. During 2018, IT expenditure on the continent is expected to increase 1.5 per cent to €667bn (£593bn). Worldwide IT spending is projected to total $3.7tn (£2.7tn) in 2018, an increase of 4. …
Kat Hall, 16 Jan 2018
army

Capita's UK military recruiting system has 'glitches' admits minister

A defence minister has told Parliament that Capita’s pisspoor Defence Recruiting System (DRS) has “glitches”, following reports from The Register giving a glimpse inside the shambolic system. Signing up for the RAF? Don't bother – you've been Capita'd READ MORE During Defence Questions yesterday, Labour MP Nia Griffiths asked …
Gareth Corfield, 16 Jan 2018
Airbus A380

Airbus warns it could quit A380 production

Airbus has reported its most prolific year to date in terms of deliveries, but also warned that it needs a new buyer of its flagship A380 if it is to continue production. Speaking at its annual “Orders and Deliveries” event yesterday, the plane-maker said it delivered 718 passenger craft last year, four more than its previous …
Simon Sharwood, 16 Jan 2018

IBM kills Global Technology and Global Business Services: It's all ‘IBM Services’ now

Exclusive IBM has plans to help its ailing services business with a re-branding exercise that will see its Global Technology Services (GTS) and Global Business Services (GBS) operations emerge as a single entity named “IBM Services.” Internal communications about the change seen by The Register said it was made because “in the era of …
Simon Sharwood, 15 Jan 2018
HMRC photo via Shutterstock

UK taxman has domain typo-squatter stripped of HMRC web addresses

HM Revenue and Customs (HMRC) has insisted on having a Panama company trading as the “Whois Foundation” formally stripped of a handful of dodgy web domains, even though the firm instantly offered to hand them over when challenged. The sites, hmrc-onlines.co.uk, hmrc-tax.co.uk, hdmrc.co.uk and hmrcsubmitareturn.co.uk, were …
Gareth Corfield, 15 Jan 2018

220 heads to roll as Steria hacks away at UK.gov back-office IT biz

French outsourcer Sopra Steria plans to make 220 folk redundant from its UK government business as part of a major upheaval of its public sector operation. The Register has seen evidence that the firm plans to put 400 people at risk of redundancy and expects 220 roles to go. The redundancies are part of a shake-up of its UK …
Kat Hall, 15 Jan 2018

Childcare is a pain in the bum and so is HMRC's buggy subsidies site

More than 6,000 parents looking to access financial help with childcare have had difficulties with using HM Revenue and Customs' frequently broken Childcare Choices website. Applications, reconfirmations and the paying of fees for the government's tax-free and 30 hours' free childcare initiatives have all been affected, with …
Richard Priday, 15 Jan 2018
Mickey Mouse

Facebook, Twitter supremos ditch Disney as biz steps on their turf

The Walt Disney Company's increasing interest in moving its shows online has forced two Silicon Valley supremos to leave the board. Twitter chief exec Jack Dorsey and Facebook COO Sheryl Sandberg are not seeking re-election to the company's board of directors due to a growing conflict of interest, Reuters reports. As …
Rebecca Hill, 15 Jan 2018
Sir Philip Rutnam, permanent secretary of the Home Office

Why did top Home Office civil servant lobby Ofcom for obscure kit ban?

Comment Questions have been raised over the UK Home Office's most senior civil servant's involvement in the banning of GSM gateways – following botched redactions to freedom-of-information responses by Ofcom. When Ofcom – Blighty's comms regulator – first banned GSM gateways in 2003 the man who is now the Permanent Secretary of the …
Gareth Corfield, 15 Jan 2018

German Bar Association says Nein to patent court block effort

The effort to create a single patent court system for Europe has been given a boost with a response from the German Bar Association arguing that a complaint against the Unitary Patent Court (UPC) should be thrown out. The association is one of more than a dozen organizations that have been asked by the German Constitutional …
Kieren McCarthy, 15 Jan 2018

France may protect citizens' liberté with ban on foreigners buying local big data firms

France is considering regulating foreign takeovers of businesses in the data protection and artificial intelligence sectors, minister for the economy Bruno Le Maire said on Friday. Le Maire made the comments while touring China with French president Emmanuel Macron. The investment restrictions would be added to the Montebourg …

Hawaiian fake nukes alert caused by fat-fingered fumble of garbage GUI

Bad user interface design has been blamed for Hawaii experiencing a brief spate of nuclear panic over the weekend. In case you missed the news, anyone with a smartphone in the island State on Saturday morning received an emergency message stating “BALLISTIC MISSILE THREAT INBOUND TO HAWAII. SEEK IMMEDIATE SHELTER. THIS IS NOT …
Man wrapped in turqouise cable-knit blanket sips from hot drink - is clearly ill. Photo by Shutterstock

US shoppers abandon PC makers in hour of need

America’s PC market sneezed in Q4 calendar and the rest of the world caught a cold: global sales declined in the final three months of last year, stats from Gartner indicated – although rival IDC did not concur. Shipments into the channel – retailers and tech distributors – dropped 2 per cent year-on-year to 71.6 million, …
Paul Kunert, 12 Jan 2018

EU court to rule whether Facebook should seek and destroy hate speech

The European Court of Justice has been asked to decide whether Facebook should actively search for hate speech posted by users. The referral was made by the Austrian Supreme Court as a result of a case brought by former Austrian Green party leader Eva Glawischnig. Glawischnig was subject to hate speech on the platform by a …
Rebecca Hill, 12 Jan 2018
HMRC photo, Gov.uk

UK taxman told to go easy on transformation with Brexit in headlights

The UK government's spending watchdog has warned HMRC is biting off more than it can chew by undergoing major transformational projects while simultaneously coping with the fallout of Brexit. HMRC's transformation programme is not as "deliverable" as planned due to unrealistic assumptions and increased pressure from the …
Kat Hall, 12 Jan 2018
Bahamas trees photo via Shutterstock

PC lab in remote leper colony had wrong cables, no licences, and not much hope

On-Call Welcome back to On-Call, The Register’s weekly tale of – ahem – challenging support jobs that readers have encountered around the world. This week, meet “Mick” who told us about his visit to New Ireland, a remote province in Papua New Guinea. There’s decent surf out there, nice kayaking and dive sites featuring World War II …
Simon Sharwood, 12 Jan 2018
Julian Assange in an Ecuador football shirt

Ecuador tried to make Julian Assange a diplomat

Ecuador granted citizenship to Julian Assange and tried to register him as a diplomat in order to secure his release from the nation’s London embassy. The first part of Ecuador’s plan worked: Assange won his citizenship and donned the Ecuadorian national football team’s shirt to prove it. pic.twitter.com/LB5jzQmJLb — Julian …
Simon Sharwood, 12 Jan 2018

Intel top brass smacked with sueball for keeping schtum about chip flaws

An Intel stockholder filed a class-action lawsuit yesterday accusing the chipmaker of artificially inflating its stock prices by omitting to tell anyone about the Spectre and Meltdown flaws in its products. The complaint, brought by Intel shareholder Elvis Alvira, pits investors who acquired Chipzilla's shares between July 27 …
Richard Priday, 11 Jan 2018

US House reps green-light Fourth Amendment busting spy program

The US House of Representatives has passed a six-year extension to the controversial Section 702 spying program, rejecting an amendment that would have required the authorities to get a warrant before searching for information on US citizens. The 256-164 vote effectively retains the status quo and undermines a multi-year …
Kieren McCarthy, 11 Jan 2018
Sad man stares glumly over boxed contents of desk. Image via shutterstock (Baranq)

Worst-case Brexit could kill 92,000 science, tech jobs across UK – report

A no-deal Brexit scenario could scrap 92,000 science and technology jobs across the UK, a report has claimed. The analysis (PDF), carried out by Cambridge Econometrics and commissioned by Mayor of London Sadiq Khan, aims to put numbers on the impact of a series of scenarios once the UK leaves the European Union. Overall, it …
Rebecca Hill, 11 Jan 2018

UK data watchdog dishes out £600k in fines to 4 spam-spewers

The Information Commissioner's Office has fined four companies £600,000 for spamming customers millions of times. The companies broke the law by sending out unsolicited text messages, emails and phone calls between 2016 and 2017. Wales-based Barrington Claims made 15.2 million spam phone calls between May and June 2016, using …
Richard Priday, 11 Jan 2018

Black & Blue: IBM hires Bain to cut costs, up productivity

Exclusive IBM has indicated to senior Global Technology Services management that a third of the global workforce will be “productively redeployed” in 2018 with tens of thousands of personnel “impacted”. Insiders told The Reg that Big Blue had hired consultant Bain & Company to help it plot a way forward for GTS, bringing in external …
Paul Kunert, 11 Jan 2018

Apple hands Chinese iCloud to Guizhou-Cloud Big Data Industry

Apple has announced it will hand over iCloud operations in China to government-owned local partner Guizhou-Cloud Big Data Industry (GBCD) on February 28. Apple has made the move to comply with Chinese government policy, that demands domestic operators own foreign services' data centres so that data on Chinese citizens is …
Crying manager photo via Shutterstock

1 in 5 STEM bros whinge they can't catch a break in tech world they run

A bunch of blokes in science, technology, engineering, and mathematics – STEM – jobs reckon they are the victim of "reverse discrimination" from efforts to diversify the ranks in tech companies. This is according to a study by Pew Research, which said this week that an August survey of men in STEM careers showed that 19 per …
Shaun Nichols, 10 Jan 2018
Boss leans back comfortably in desk. Pic via Shutterstock

Tata for now: Marks & Spencer transfers 250 tech jobs to outsourcer

Middle-class nirvana Marks & Spencer – the British purveyor of classy date-night grub and frumpy clothes – is slashing its tech supplier base and sending 250 staff to Tata Consultancy Services under an IT outsourcing accord. The High Street giant will pay a one-time "implementation cost" of £25m to offload delivery and …
Kat Hall, 10 Jan 2018

'Repeal hate crime laws for free speech' petition passes 14k signatures

A petition calling for "an end to hate speech laws" has passed 10,000 signatures – requiring a formal response from the UK government. The petition, on Parliament's have-your-say site, had gathered just over 14,000 signatures at the time of writing. It calls for "current laws criminalising 'hate speech' to be rescinded", …
Gareth Corfield, 10 Jan 2018

Adrift on a sea of data: Architecting for GDPR

I’ve spent many hundreds of hours listening to sales pitches from technology vendors but it’s only during the last year I’ve started to find them rather depressing. That’s been thanks to the arrival in 2018 of the European Union’s General Data Protection Regulation. For example, I was recently pitched to about one particular …
Dave Cartwright, 10 Jan 2018
Policeman number 10, photo by pcruciatti via Shutterstock

Cabinet reshuffle leaves UK digital policy and GDS rudderless. And now the news...

Responsibility for broadband delivery in the UK has been handed to Margot James following Matt Hancock's promotion to Secretary of State for Digital, Culture, Media and Sport in prime minister Theresa May's reshuffle of the top jobs this week. But amid the Cabinet shake-up, the matter of who controls digital policy remains …
Richard Priday, 10 Jan 2018
Trying to catch money in a net

Apple agrees to pay £136m in back idiot taxes to UK taxman

Apple has agreed to cough up £136m in back taxes to HMRC following an "extensive audit" by the tax man. In its Company's House filing for the year ended April 2017, Apple Europe said: "Following an extensive audit by HMRC the company has agreed to pay the adjustment covering prior years up to September 26 2015. This payment of …
Kat Hall, 10 Jan 2018
committee of business folk in silhouette

Sacked senior Intel sales head accuses IoT chief of perjury

A sacked former Intel senior sales head has accused the company’s global IoT partner director of perjury – and was told to “not put the spin on” by the judge. Mary Guiney, a former Intel saleswoman assigned to its EMEA Internet of Things business, is suing Chipzilla for £100,000 in what she says is unpaid commission. She has …
Gareth Corfield, 10 Jan 2018

Carphone Warehouse cops £400k fine after hack exposed 3 MEEELLION folks’ data

Carphone Warehouse has been handed one of the largest ever fines – a whopping £400,000 – from the UK’s data protection watchdog after exposing the details of millions of its customers. An investigation by the Information Commissioner’s Office found a “striking” number of “distinct and significant inadequacies” in the phone …
Rebecca Hill, 10 Jan 2018
Max Schrems

Max Schrems: The privacy bubble needs to start 'getting sh*t done'

Interview "The problem we have in the privacy bubble is that we're great at saying how evil and bad everything is... but we're not that great at getting shit done." Max Schrems, the privacy activist known for reducing the Safe Harbor data-sharing deal to tatters, is making one final attempt to spur the community he's been at the heart …
Rebecca Hill, 10 Jan 2018
editorial only image of Whitehall. Pic Daniel Gale/Shutterstock

UK Data Protection Bill tweaked to protect security researchers

The United Kingdom has revealed amendments to its Data Protection Bill to de-criminalise research into whether anonymised data sets are sufficiently anonymous. The legislation, first floated in August 2017, gave rise to worries that researchers would commit a crime if they broke whatever measures were used to anonymise …
YouTube India logo - not official

Indian data leak looks to have been an inside job

The government authority in charge of India's billion-records-and-counting Aadhaar biometric identity database, the Unique Identity Authority of India (UIDAI), has suspended 5,000 officials from accessing the system. As we reported yesterday, a journalist for the country's Tribune newspaper wrote of her ability to access …

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