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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
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
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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 sit on cold steel table as Euro Commish ponders painful probe

Rivals 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
CSR10X0 Starter Development Kit

Brit chip biz CSR rebuffs US takeover bid from Microchip Technologies

Fabless Bluetooth chip firm CSR, the second biggest chip design company in Cambridge, has rebuffed a takeover bid by customer and partner Microchip Technology. The failed bid has trigged another round of CSR thinking about putting itself up for sale, and given its history of a roller-coaster share price, now might be a very good …
Simon Rockman, 29 Aug 2014
Violin_to Q2_Fy2015

All-flash array shipper Violin plays concerto after re-stringing

+Comment Violin CEO Kevin DeNuccio has cut the flash array shipper's losses to a fraction of what they were in their previous results, and grown revenue over the previous quarter. It’s still lower than a year ago, but a landmark for all that. Violin is no longer on the road to perdition. Growth should also accelerate as the new products …
Chris Mellor, 28 Aug 2014
Dunce

Banking apps: Handy, can grab all your money... and RIDDLED with coding flaws

The whopping 70 per cent of retail and 69 perc ent of financial services apps are vulnerable to data breaches. That's according to an analysis of 705 million lines of code as used by 1,316 enterprise applications carried out by software analysis and measurement firm CAST. The firm reckons a growing number of data breaches and …
John Leyden, 27 Aug 2014
Pilot atop sinking vintage aircraft

Telecity boss directed to the exit after a decade at helm of data centre biz

Telecity Group boss Michael Tobin has been hastily unseated from the CEO job he had held at the top UK data centre firm for more than a decade. He agreed to resign after being pushed out of the company following discussions with the Telecity board. Tobin said in a face-saving statement to the City that "the board and I agree …
Kelly Fiveash, 27 Aug 2014
Nimble Storage revenues Q2cy2014

Better be Nimble, tech giants, or mutant upstarts will make off with your sales

Hybrid array vendor Nimble Storage saw revenues grow strongly as storage giant incumbents were unable to deliver equivalent price/performance products. Revenues were $53.8m for its second quarter, ended, an 89 per cent increase year-on-year and beating its own guidance of $49m to $51m. There was a net loss of -$26.1m, 149 per …
Chris Mellor, 27 Aug 2014
Sony Xperia Z2 tablet

Next moneybags kingpins of tech: Fondleslab game devs

The fondleslab games market is set to grow to a comparatively mammoth $13.3bn by the end of the decade, new research from Juniper has predicted. This represents a threefold rise from its current value of $3.6bn. According to a research paper issued by the bods at Juniper, the growth will be driven by ever-increasing storage …
Jasper Hamill, 26 Aug 2014
John Newton

One for the road: Alfresco gulps $45m pre-IPO VC shot

Alfresco software is beefing up the sales push with one last shot of venture-capital courage before going public. The British open-source business will open new offices and hire sales people to open more doors in the enterprise and big government, the company’s chief technology officer and chairman John Newton has said. New …
Gavin Clarke, 26 Aug 2014
Amazon founder and CEO Jeff Bezos

Amazon to dig DEEPER into YOUR shopping habit BRAIN with targeted ads system

Amazon is reportedly expanding its own in-house ads system in a move for the online retail giant to compete with Google. According to the Wall Street Journal, which cites people familiar with the matter, the company is developing software that is eventually expected to unseat Google's ad placement platform on its own service. …
Kelly Fiveash, 23 Aug 2014
Swiss Cow

Street-beating Brocade bounces back

Storage networking biz Brocade has bounced back from its disappointing and loss-making second quarter results with third quarter profits and a revenue rise. The quarter finished on 2 August and revenues of $545m were 2 per cent up on the previous quarter and the year-ago one – not dramatic but nice and steady. Net income (profit …
Chris Mellor, 22 Aug 2014
Light at the end of the tunnel. Credit: Smabs Sputzer

HP Storage results: Gloomy, but there's light at the end of the tunnel

Comment HP storage emulated HP's latest overall quarterly results, with both good news and bad news, but the gloom overwhelmed the gleam. Within HP's $27.6bn third fiscal 2014 quarterly revenue report, storage contributed $796m (just 3.6 per cent) of HP's earnings for the quarter and 11.5 per cent of the Enterprise Group's revenue. EG …
Chris Mellor, 21 Aug 2014
MICA aurora borealis probe small1

Speedy software upstart PernixData showered in gold by expectant VCs

VMware hypervisor-caching software startup PernixData is gorging on cash from VCs as it ramps up development and its go-to-market efforts. PernixData's FVP product transparently virtualises server flash and RAM as an ESXi cache across multiple servers to enable scale-out storage performance and accelerate applications in virtual …
Chris Mellor, 20 Aug 2014

Samsung bags second Internet of Home Stuff home firm in a week

Samsung has announced its second smart home slurp in a week with the acquisition of heating, ventilation and air conditioning distributor Quietside. Samsung Electronics America said that it had agreed to buy the firm, which already distributes Sammy products, but didn’t disclose the terms of the deal. The company said that …
SOURCE: http://www.sxc.hu/photo/959469

Wall Street woes: Oh noes, tech titans aren't using bankers

Worstall on Wednesday There was much astonishment over at the New York Times as it explained that the big Silicon Valley tech firms, the Googles, Apples, Facebooks, aren't using the traditional services of the Wall Street bankers as they make their acquisitions. There are a number of reasons for this. As to whether this is all a good idea or not, …
Tim Worstall, 20 Aug 2014

'Fangless' activist investor chomps up chunk of Rackspace

A so-called "fangless" activist investor has increased its grip on OpenStack cloud cheerleader Rackspace, with a view to a possible sale. Blue Harbour Group has revealed it now holds a 6.4 per cent stake in the aspiring cloud provider, or 9.1 million shares. The company is reported to have started gobbling up Rackspace shares …
Gavin Clarke, 19 Aug 2014
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Top money men face up to 2 YEARS in slammer for neglecting to spot crim-cash activity

Senior managers at "money service businesses" face up to two years imprisonment and an unlimited fine if their neglect leads to money laundering or terrorist financing activities, HM Revenue & Customs (HMRC) has warned. In new guidance on its supervision of money services businesses under anti-money laundering rules (65-page/ …
OUT-LAW.COM, 18 Aug 2014
Smart home

Samsung slurps Internet of Home Stuff upstart SmartThings

Samsung is all set to slurp home automation platform SmartThings in another manoeuvre to prime the firm for the Internet of Stuff – if it should ever arrive. SmartThings is a platform that connects a range of consumer IoT devices for the house together into a smartphone app that works on iOS and Android. The company is a smart …
Ciscoblood

Cisco prepares to take $700m hit to make 6,000 layoffs

Cisco has said that it will be hit with $700m in charges in fiscal 2015 in the restructuring plan that will see the firm axe 6,000 employees. The company said in a regulatory filing that it expects to recognise around $250m to $350m of these charges in the first quarter of the next financial year and the rest throughout the year …

Intel teams up with rap chap 50 Cent on heartbeat headphones

The rapper 50 Cent has hooked up with Intel to get his headphone firm making kit for the health-tech wearables set. The pair plan to produce a set of cans which monitor vital stats at the same time as bombarding fit folks' ear drums. Following in the footsteps of the music producer turned Apple employee who self-identifies as " …
Jasper Hamill, 15 Aug 2014

eBay in talks with Bitcoin firms about payments processing

PayPal is reportedly in talks with Bitcoin firms to integrate the e-currency into its recently acquired Braintree payments system, according to the Wall Street Journal. eBay’s subsidiary has been chatting to Bitcoin facilitators like Coinbase about getting Braintree to accept the virtual cash, but has yet to reach any agreements …
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Lenovo posts an INCREASE in desktop PC and notebook sales

Lenovo, the world’s largest maker of PCs, saw its profits leap 24 per cent this spring. The China-based manufacturer reported first-quarter profits of $211m, compared to $170m for the year before. That was from revenue that jumped 18 per cent to £10.39bn. Earnings per share for the giant were up, from $1.65 to $2.03 for the …
Gavin Clarke, 14 Aug 2014
No Sale

NetApp: Revenues are down – but own brand kit wasn't to blame

Revenues down, profits up and no growth for three years: that's the picture from NetApp's first fiscal 2015 quarter results. The quarter finished on 25 July, and revenues were $1.49bn. They were $1.52bn a year ago, a 2 per cent fall, and $1.65bn in the previous quarter, 10 per cent less and a seasonal pattern. Net income for …
Chris Mellor, 14 Aug 2014
money trap conceptual illustration

Dodgy payday loan ads make up 83% of cases probed by UK's FCA

The majority of cases under investigation by the Financial Conduct Authority now involve online adverts for "cheap" credit services, the regulator has said. Some 80 per cent of the cases it has launched in the past four months involve firms that offer financial products over the internet or through mobile phones. All in all, …
Jasper Hamill, 14 Aug 2014
Fraud image

Dragons' Den man and co-CEO to work for FREE at loss-making Outsourcery

Outsourcery bosses Piers Linney and Simon Newton are relinquishing their salaries for the next 12 months in a bid to save the loss-making cloudy biz £500,000, the company told the stock market today. The desperate duo’s act is part of measures to find £4.5m in funds to keep the wolves from the door in the medium term, a move …
Paul Kunert, 14 Aug 2014

Oz telco results season! Telstra booms, Optus slides

Telstra continues to gorge on the Australian telecommunications market at the expense of its competitors, leaving Optus with a focus on squeezing efficiencies out of its operations to stay profitable. The incumbent and number-two carrier have both announced financial results today, telling starkly different stories. Telstra's …
Ciscoblood

Cisco revenue dip means 6,000 staff to be de-assimilated

Facing rising competition, Cisco has announced another round of layoffs – 6,000 – in financial results that beat analyst expectations but were still flat. Presenting the company's latest quarter results, CEO John Chambers announced the latest round of layoffs, but was at least able to give a sliver of good news, with revenue …
australian credit cards fraud contactless

Amazon takes swipe at PayPal, Square with card reader for mobes

Amazon has launched its own mobile payments device and app at a starting price that undercuts existing tech from Square and PayPal. Youtube Video Amazon’s “Local Register” popped up in a YouTube video and a dedicated site online before the mega etailer officially announced it. Anyone who signs up to the secure card reader by …

CEO of Brit giant Daisy Group in talks to take biz private

Matthew Riley, the man in charge of perpetually hungry comms and tech titan Daisy Group, is part of a consortium that has made advances to buy the LSE-listed biz. The group today confirmed it “received an approach” on 27 July from its largest shareholder Toscafund Asset Management LLP and Penta Capital, as well as Daisy chief …
Paul Kunert, 13 Aug 2014
Dot Hill Assured_SAN_Ultra48

Storage array supplier Dot Hill: Revenues are down, but so are losses

Storage array supplier to OEMs has less to be dismal about with declining revenues but much less of a loss in its second quarter. The business isn't growing, but at least it is not shrinking. Revenues for the second calendar 2014 quarter were $48.2m, the same as the previous quarter but 8.4 per cent down on the year-ago quarter …
Chris Mellor, 12 Aug 2014
Racks inside Rackspace's Sydney Data Centre

Rackspace: Record revenue shows managed cloud strategy 'working'

Despite record revenue growth in the second quarter and good expectations for this quarter, profit at Rackspace Inc was flat, disappointing shareholders. The former hosting firm said it had added thousands of new customers as it tries to transition itself into a cloud company in the midst of serious price competition from the …
SOURCE:  http://www.sxc.hu/browse.phtml?f=view&id=1412135

Leaky channel tanker Phoenix IT Group: It's steady as she goes

Investors received no nasty surprises in a trading update from leaky channel tanker Phoenix IT Group as the turnaround plan plotted by the latest exec at the helm remains on course. The infrastructure and managed services outfit said in an interim management statement covering 1 April until 11 August that trade is “broadly in …
Paul Kunert, 12 Aug 2014

Oh, Emulex: Another quarter, yet more red-splattered results

Emulex results were dismal, never mind what president and CEO Jeff Benck said about achieving "the high end of our revenue guidance." Revenues were down and losses deeper for its fourth fiscal 2014 quarter - ended June 29 - and for the full year. Q4 of financial year 2014's revenues were $99.8m; they were $109.7m last quarter …
Chris Mellor, 11 Aug 2014

Facebook slurps PrivateCore - 'cos your selfies need locking up

Facebook has just bought out the security firm PrivateCore in a bid to keep your selfies that little bit safer. Although the exact terms of the deal have not been publicly announced, Facebook has promised to incorporate the smaller firm's tech into its own stacks. Joe Sullivan, Facebook’s chief security officer, said: "I’ve …
Jasper Hamill, 8 Aug 2014
USB Stress Panic Button

US titan CSC: Our numbers are going nowhere this year

US titan CSC – you remember, the firm that botched the £10.1bn National Programme for IT – is bleeding out slowly, with revenues dwindling and income growth stalling. The bad news for investors and staff respectively is that things are not forecast to get better any time during this fiscal year, and the company is again …
Jasper Hamill, 8 Aug 2014

Serco welcomes former CSC boss to run gov unit

Gardening leave is almost over for former CSC UK bigwig Liz Benison, who is set to rock up at Serco to run its Brit and European local and regional government division from the start of next month. As revealed by The Channel back in April, Benison was replaced at the CSC helm by ex-Cognizant veep Dr Sanjiv Gossain, at the same …
Paul Kunert, 8 Aug 2014
Photo of a stack of $100 bills

Smartcard firm Gemalto slurps SafeNet in $890m securo-boost deal

Security company Gemalto is buying data protection firm SafeNet. The deal, announced Friday, is valued at $890m and is being financed through cash and existing long-term credit facilities. Once completed the acquisition will add data protection technologies to Gemalto's core authentication products and services (e.g. smartcards …
John Leyden, 8 Aug 2014
Farmville on the iPhone

Farmville maker Zynga delays new games after losing 57 MILLION users

Zynga has slashed its financial forecast for this year and delayed the launch of several new titles after reporting weaker-than-expected second quarter results. The company, best known for its FarmVille game on Facebook, has lost 57 million monthly active users since the same quarter last year, dropping to 130 million from 187 …