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SHIP OF FAIL: How do we right capsized institutions we thought would NEVER go under?

Crawling from the Wreckage John Watkinson writes the first in a series of essays for El Reg in which he examines failures in society from banking and education to transport and IT. But why whine about this stuff so much, he ponders, when we can simply get on with the business of problem solving? The last seven or so years since the economic crash has not …

Alibaba swings a large one with STONKING IPO legal bills

Alibaba's initial public offering legal bill has swelled to $15.8m. As noted by Reuters, that's six times the amount paid by Facebook ($2.6m) when it prepared to float onto Wall Street in May 2012. The Chinese e-commerce giant disclosed its big $15.8m payout to lawyers in a filing with the US Securities and Exchange Commission …
Kelly Fiveash, 6 Sep 2014

Zuck: Yo, Mexico! My $19bn WhatsApp could connect THREE BEEELLION people

Mark Zuckerberg wore his special altruistic pants on a trip to Mexico on Friday to flaunt his messaging wares in the country, by claiming that WhatsApp could connect up to three billion people globally. He visited President Peña Nieto in Mexico City on what appeared to be a PR mission to help grow Facebook's business in that …
Kelly Fiveash, 6 Sep 2014

The Schmidt hits the clan: Google chief mauls publishers' 'abuse of dominance' claims

Google's exec chairman Eric Schmidt has hit back at publishers for complaining about the multinational's alleged dominance in the search market in Europe in a series of splashy newspaper ads today. He said in a blog post this morning that the "serious nature" of the claims - that Google favours its own search products, such as …
Kelly Fiveash, 6 Sep 2014
Nicole Kidman (Christine Lucas) in Before I Go To Sleep

Before I Go To Sleep turns out tense enough to keep you awake ...

Film Review The mark of a good thriller is usually that you don’t guess the who or the why or the what of it. Or, if you do manage to guess the who, why or what, at least you shouldn't be able to guess the how. But sadly, all that can be undone, if, after the big reveal, your first thought is: "But wait a minute, then why didn’t X and Y …
iPad iBooks app

Shareholders throw the book at Apple for ebook price-fix drama

Apple is once again being sued by its own investors – this time they're irked by the ebook price-fixing brouhaha. The lawsuit alleges the iThing maker part in the scandal harmed its reputation and thus shareholders' investments. According to a court filing obtained by journalist Jeff Roberts, Apple chief Tim Cook, executive Eddy …
Shaun Nichols, 6 Sep 2014
Terror at 20,000 feet

'Everywhere I look ... it's bad': HP claims email shows Autonomy CFO panic, pre-buyout

In the latest court filing in HP's rancorous legal squabble with former Autonomy execs, the tech giant has revealed what it describes as a damning email from ex-Autonomy CFO Sushovan Hussain, prompting a spokesperson for the latter to again accuse HP of "smear tactics." HP is seeking to settle a lawsuit brought by its own …
Tesla's Elon Musk

Elon Musk says Tesla's stock price is too high ... welp, NOT ANY MORE

Elon Musk's mouth has cost him a pretty penny after he told the press that he thinks his electric car company is a tad overvalued at the moment. "I think our stock price is kind of high right now," Musk told CNBC. "If you care about the long term, Tesla, I think the stock is a good price. If you look at the short term, it is …
Iain Thomson, 5 Sep 2014
Lego Monster Fighters Lord Vampyre

Go on, corporate drone, log in... We'd recognise your VEINS anywhere – Barclays

Barclays is ramping up its fight against online fraud with the roll-out of a biometric scanner that uses Hitachi’s Finger Vein Authentication Technology (VeinID). Unlike fingerprints, vein patterns are extremely difficult to spoof or replicate. Barclays Biometric Reader will allow customers secure access to their online banking …
John Leyden, 5 Sep 2014
Puss considers how to respond to PayPal marketing overtures

What could possibly go wrong? Banks could provide ID assurance for Gov.UK – report

Personal data could be stored by banks and used to verify the identity of individuals that wish to use government digital services, according to a new report. A pilot study undertaken by Lloyds Banking Group found that there is scope for banks to act as identity (ID) assurance providers for online government services (14-page/ …
OUT-LAW.COM, 5 Sep 2014
iiNet Logo

iiNet slurps system integrator Tech2 Group

Australia's third-largest internet service provider iiNet has let it be known that it has acquired 60 per cent of the Tech2 Group , an outfit that provides consumer-and business-grade IT services. iiNet's ASX statement (PDF) announcing the deal says it “provides a complementary focus on customer service, a new sales channel, …
hands waving dollar bills in the air

TIBCO ponders new 'financial options', including sale or merger

It's hard to be a mid-sized enterprise software vendor these days. BCM last year went private and Compuware this week announced it would walk the same road. TIBCO looks set to do something similar, after on Wednesday announcing “a review of a variety of strategic and financial alternatives available to the Company through the …
Photo of burning books

Flaming heck! Watchdog scolds Apple Mac, iPad fab in staff safety probe

Apple is back in the crosshairs of human rights groups, which claim the corporation has not done enough to stamp out alleged mistreatment of workers at iThing factories. China Labor Watch and Green America claim that a joint investigation has uncovered dangerous conditions and excessive working hours at a plant that produces …
Shaun Nichols, 4 Sep 2014

FCC boss Wheeler: Lack of broadband choice is screwing Americans

US Federal Communications Commission chairman Tom Wheeler has issued his most damning indictment of America's broadband infrastructure to date – claiming more than half of citizens have only one ISP in their area offering 25Mbps or faster connections, and that competition has been crippled by a telecoms duopoly. "The simple …
Iain Thomson, 4 Sep 2014

Hey hipsters: Tabs are so last year, fat phones are where it's at

Following a deep gaze into the crystal ball, IDC has decided the dominant growth trend in personal computing sales is phablet-shaped. Beancounters estimate roughly 175 million devices sized between 5.5 to seven inches will find a home in 2014, up 60 per cent, leapfrogging the 170 million old world portable PCs forecasted to ship …
Paul Kunert, 4 Sep 2014

Mouse-slinger Logitech: Gloves are off, number probe over

Human-computer interface slinger Logitech’s three month self-examination into suspected financial blunders has concluded and the outcome could have been worse, much worse. The keyboard, mouse and pointer slinger said in May that it, along with the SEC, was conducting a probe into previous financial restatements regarding …
Paul Kunert, 4 Sep 2014
Ginger girls. Credit: Eddy Van 3000, Flickr

Speaking in Tech: Uber TRACKS me via GPS? Meh, it's just a taxi

Podcast speaking_in_tech Greg Knieriemen podcast enterprise It's another episode of El Reg's weekly tech podcast, stuffed with news and views on everything that's happened in our world this week. Join your hosts Greg Knieriemen, Ed Saipetch and Sarah Vela with special guest (and favourite ginger) Josh Atwell of SolidFire. This week …
Team Register, 4 Sep 2014
management management3

Suitors line up to bid for cash-challenged NHS supplier

Top brass at Trustmarque Solutions are locked in talks with interested parties in a bid to sell the financially challenged biz this week – at least that is the plan. As exclusively revealed by us earlier this week, Dunedin, private equity backers of the York-based licensing specialist, claimed a change in revenue recognition in …
Paul Kunert, 4 Sep 2014
putin topless

Work in the tech industry? The Ukraine WAR is coming to YOU

Anyone in tech who thinks that the conflict in Ukraine - which has been smoldering since the end of 2013 - is not their business should think again. At the weekend Russia was given one week by European Union chiefs to reverse course in the Ukraine or face new sanctions. Russia has been accused of interfering in Ukraine, …
Gavin Clarke, 4 Sep 2014
SOURCE:  http://www.sxc.hu/browse.phtml?f=view&id=1412135

Foxtel promises triple-play launch in early 2015

In a move designed to stave off the threat posed by operations like Netflix and FetchTV, Foxtel says its vaunted “triple-play” broadband-and-TV-and-phone service will land at the start of 2015. The Pay-TV outfit has also dropped its entry level package to $AU25 per month. The service was first announced in December 2013, on the …
Tesla's Elon Musk

Nevada to host Tesla gigafactory: reports

The Nevada governor's office has tipped US broadcaster CNBC that the state is ready to announce Reno as the site for the planned Tesla battery factory. The company has been coy about revealing the location, presumably while it chooses between different government incentive packages for the facility, which will be built in …
Isis mobile wallet logo

Isis Wallet, NOT an Islamist militant group, reborn as Softcard

In a bid to distance itself from a violent Islamist militant group, US-based mobile payment company Isis has said that it will change the name of its Wallet service to Softcard. The company announced the rebranding plan in July, in hopes of avoiding being linked with the ruthless Sunni jihadist fighting force known variously as …
Jade Goody and pals

The BNP can rip off your works for ‘parodies’ – but only if it's not racist

The Court of Justice of the European Union has ruled on who can use copyrighted work in a parody, and said it’s fair game – as long as it’s not, er, sexist or racist. Traditionally, authors have been able to use moral rights to disassociate their work from a derivative. But this latest interpretation of the EU’s parody exception …
Bitcoins

Do you accept Bitcoin? That'll do nicely, says Apache

Open-source project shop the Apache Software Foundation (ASF) is now funding its projects with Bitcoins. The US-based non-profit says it’s received 5.35915909 in BTC – just over $2,600 – in just 48 hours after saying it would accept the virtual currency. ASF says it decided to accept the e-coinage in response to an email …
Gavin Clarke, 3 Sep 2014
The Register vulture logo (black)

CIOs: Join El Reg and your peers to grapple with slippery vendors

Reg Events How do you think you’re doing when it comes to dealing with your key software, hardware and services suppliers? Are you really "partners", or do you feel like you’re being taken for a ride? Do you want to discuss the intricacies of Microsoft and Oracle licensing, swap tips on how to deconstruct an SLA or simply establish whether …
Joe Fay, 3 Sep 2014

Jimbo tells Wikipedians: You CAN'T vote to disable 'key software features'

Wikipedia’s maximum leader Jimbo Wales has declared a new era at the online encyclopaedia. Rather than the unpaid volunteer community voting on what software it uses, it will have to use what the wealthy WMF Foundation tells it to use. The community responded with what one veteran contributor described as an “unprecedented” …

CNN 'tech analyst' on NAKED CELEBS: WHO IS this mystery '4chan' PERSON?

Vid "If your password is password, change the 's' to a dollar sign." That's the advice from US news network CNN's "technology analyst" Brett Larson, who also thinks that 4chan is some sysadmin bloke who knew how to "hack things" so he could leak saucy, private photos of Jennifer Lawrence and other female celebrities. The confusion …
Kelly Fiveash, 3 Sep 2014
Abacus. Credit: Newsum Antiques

The IT kit revolution's OVER, say beancounters - but how do they know?

Worstall on Wednesday One of the great problems within economics is in trying to work out what's a structural change, what's a cyclical change and what's being buggered up just because you're not measuring it properly. For example, we can look at how much companies (or more accurately, non-household entities) are spending on the computing …
Tim Worstall, 3 Sep 2014

Compuware slurped by private equiteer for $2.5bn

Private equity firm Thoma Bravo will acquire software house Compuware for about US$2.5bn. Shareholders will be delivered about $10.92 per share, a 17 per cent premium on last week's closing price for Compuware stock - not bad for a company once known as "the elephants' graveyard". Compuware chair Gurminder S. Bedi's canned …

TSMC touts IoT as semiconductor growth engine

Taiwanese chip fab TSMC (Taiwan Semiconductor Manufacturing Co) reckons its Next Big Thing is going to be, you guessed it, the Internet of Things. The vendor, whose contract customers (such as Apple) make it a powerhouse of IC manufacturing, expects demand for microcontrollers, image sensors, WiFi and Bluetooth sensors will …
Rendering of Apple's planned headquarters in Cupertino, California

Drone captures shots of budding APPLE SPACESHIP HQ

An amateur drone video is shedding new light on Apple's future headquarters. Shot in August with a GoPro Hero 3 camera mounted onto a DJI Phantom 2 Quadcopter drone, the video shows construction on the iStuff maker's new Cupertino headquarters. The creator of the video said that footage was shot at the FAA-approved altitude of …
Shaun Nichols, 3 Sep 2014
parallels logo schematics

Parallels to line up with Linux containers

Parallels is working to bring its automation, security and management wares to the burgeoning world of Linux containerisation. The junior virtualiser finds itself in an interesting position vis a vis Linux containers and Docker, because it has long described its own Virtuozzo product as offering containers. But Virtuozzo is …
Google Chocolate Factory

Google: let's build our OWN quantum computer

Is Google gently backing away from D-Wave? That's one possible interpretation from this blog post, in which Mountain View tells the world it's going to add a quantum computer flavour to the Chocolate Factory. Google's Quantum Artificial Intelligence team is to partner with the University of California Santa Barbara “to design …
channel_teaser_money_top

NHS supplier Trustmarque seeks backers after accounting change

The future of major NHS supplier Trustmarque looks less certain after private equity backer Dunedin confirmed that a change in the way revenue is recognised has created a “funding gap”. The venture capitalist was the vital cog in the £43m management buy-out at York-headquartered Trustmarque, a top table Microsoft partner that …
Paul Kunert, 2 Sep 2014
Facebook WhatsApp

Facebook, WhatsApp wait on cold steel table as Euro Commish ponders painful probe

Competitors of Facebook and WhatsApp have been asked to complete a whopping 88 multiple-choice, multi-part questions that range from the blindingly obvious – “To the best of your knowledge, do users use more than one social networking service?" – to the vague and indefinable – “Please provide any recent examples of consumers …
Houses of Parliament at night-time

Multi-billion pound UK.gov tech framework awarded to 33 suppliers

Crown Commercial Services has told 33 suppliers they have tentatively made it onto the pan-public sector Technology Products framework estimated to be worth between £4bn to £6bn over its tenure. Technology Products, initially labelled as IT Products and Services when programme specs were released in January, is a direct …
Paul Kunert, 2 Sep 2014
Tesla Model S

Tesla to add charging network in China

Tesla has announced that it intends to build a huge charging network in China: 400 stations in 120 cities, and 20 supercharging stations. The company, which recently announced it had started work on a charging network in Australia, has told Bloomberg the network will be built under an agreement with mobile phone company China …

Twitter: La la la, we haven't heard of NUDE JLaw, Upton SELFIES

Twitter's top policy bod has refused to dismiss claims that people who tweet the leaked private photos of naked female celebrities are having their accounts suspended on the social meeja site. The company's Nu Wexler told The Register: We do not comment on individual accounts, for privacy and security reasons. Our rules …
Kelly Fiveash, 1 Sep 2014
Oracle's Iron Man 2 ad

European Commission okays Oracle's MICROS gobble

Oracle's US$5bn purchase of integrated hardware-maker MICROS has been approved by the European Commission. News of the approval, which landed last Friday, doesn't mean the deal is over the line: Oracle is still reminding shareholders that its offer expires on Tuesday, September 2nd. If Oracle does gobble MICROS it will give the …
Still from Miley Cyrus music video for Wrecking Ball

Facebook, Google and Instagram 'worse than drugs' says Miley Cyrus

Offensively-and-dangerously-in-control of her sexuality popette Miley Cyrus has declared that social media is worse than drugs. In an interview with Australian news magazine program Sunday Night ahead of a tour down under, Cyrus was asked whether her use of marijuana has deleterious effects on her health. Her response was to …
Umbrella

Today's weather is brought to you by our sponsors

The most popular site on the dot-gov-au domain, the Bureau of Meteorology, has been okayed to start taking advertising – with some restrictions. Australia's Senate has passed legislation formalising the decision, so long as the bureau doesn't take political advertisements, nor ads for gambling, alcohol, or - ahem - adult …
Donuts

Apple reportedly inks deal with American Express for its iPhone payments system

Apple has reportedly agreed to work with American Express on its new iPhone 6 payment system - which is now just nine days away from being unveiled by Cupertino. The latest rumour once again springs from the Re/Code blog, which cites those ever reliable (or not so much) sources familiar with the situation. But there will be …
Team Register, 31 Aug 2014