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Samsung logo

Samsung puts Silicon Valley on a plate in $100m all-you-can-eat

South Korean leviathan Samsung has ring-fenced $100m to snap up early startups in IT security, mobile tech and remote computing. The globe-spanning chaebol has already set aside a billion dollars for its Samsung Ventures America Fund subsidiary, which will be run along with the $100m "Catalyst Fund" at the new Samsung Strategy …
Apple iPhone 4

Sympathetic Scots scoff-house offers hard-up Apple fanbois a discount

iPhone users feeling the strain from chucking wads of cash into the Apple's cavernous maw can now get a bit of relief in the form of money off potato scones and haggis spring rolls in Aberdeen. Musa, a restaurant in Exchange Street in Aberdeen, is offering a deal just for iPhone owners - giving them 20 per cent off the bill if …
Anna Leach, 25 Jan 2013
Axcient cloud

Backers: What's this, another cloud storage upstart? Here, have $20m

Another day, another cloud storage startup. This one's Axcient, which is in the cloud backup game and has just scored itself $20m in Series D funding. That seems surprising. It's already Axcient's fourth funding round and it's a lot of greenbacks. What's taking the company so long and why does it need so much money to get off …
Chris Mellor, 21 Jan 2013

Forget bonking, now mobes can buy stuff using pay-by-SQUEAK

Chinese ecommerce giant Alibaba has launched a mobile wallet app with a more-than-passing resemblance to Apple's Passbook. It enables fandroids to pay each other over the air and squeaks every time it's used. The new wallet comes from Alipay, the financial arm of Alibaba, which already processes 8.5 million transactions a day …
Bill Ray, 21 Jan 2013
burning money

Stroppy investor to Xyratex: Pah... research! Who spends money on THAT?

So that's why Xyratex management erected a poison pill defence against hostile take-over attempts. The company's largest shareholder, activist investor Baker Street, which owns 23 per cent of the common stock, wants board changes to correct Xyratex's "flawed" HPC and Big Data array strategy. Xyratex makes disk drive drawers for …
Chris Mellor, 14 Jan 2013
Dyson Heater

Sir James Dyson slams gov's 'obsession' with Silicon Roundabout

Inventor Sir James Dyson has criticised the UK government for putting "web fads and video gaming" ahead of more "tangible technology" that Britain can export. In an interview with the Radio Times magazine, the creator of the bagless vacuum cleaner said ministers needed to address a serious lack of engineering graduates in the …
Kelly Fiveash, 8 Jan 2013
Yesterday's launch of the TerreStar 1 satellite. Pic: ESA

I tried to buy a satellite and all I got was this lousy $67,000

Back in 2010 a hugely optimistic plan to buy a satellite raised $67,000 in donations, way short of the needed $1.3bn, but as media interest faded the founder has kept himself busy spending the cash. The plan was to buy US comms satellite TerraStar-1, which bankrupted its owner TerreStar Corp after it tried to offer satellite …
Bill Ray, 2 Jan 2013

British biz gets one in five of its pounds from the INTERNET

Almost one in five pounds pulled in by UK business came through an online sale, the Office of National Statistics has found. Nineteen per cent of UK sales revenues came through ecommerce, states the ONS's report on E-commerce and ICT activity in 2011. That means that e-sales pulled in £483 billion to the British economy in 2011 …
Anna Leach, 3 Dec 2012
SNIA cloud storage diagram

Hold it! Don't back up to a cloud until you've eyed up these figures

Online data vaults are everywhere. On the small storage side, we have options such as Google Drive, Dropbox, and Teamdrive. My Synology NAS, the upcoming 2012 Microsoft Server Suite and any number of virtual appliances can all back up bulk data to the cloud. The software side of things may be settled, but is this all truly …
Trevor Pott, 15 Nov 2012
O2 XDA Argon

O2 to save the British High Street ... with money-off vouchers

O2 is opening its free voucher scheme to every small retailer in the UK, even those which aren't O2 customers, as long as they're not franchised from a megacorp and have a high-street presence. The free scheme, which allows retailers to offer money-off vouchers to O2 customers, was launched in July, but was only available to …
Bill Ray, 18 Oct 2012

OFT writes volley of stern letters to naughty web retailers

The Office of Fair Trading (OFT) has warned well-known online retailers trading in Britain that some of them could face formal enforcement action from the watchdog if they failed to comply fully with consumer protection law. It said the regulator had, ahead of the busy Christmas shopping period, written letters to 62 leading …
Kelly Fiveash, 15 Oct 2012

New British tax-cuts-for-patents scheme criticised

A new tax cut tied to the number of patents a business owns could lead to a wave of trivial patents being filed, favour big businesses over small businesses, and distort research priorities, speakers at the London Patent Summit warned today. Businesses have broadly welcomed the Patent Box tax scheme that will see them getting a …
Anna Leach, 9 Oct 2012
The Google Credit Card

Google launches credit card in UK

Businesses in the United Kingdom have become the first in the world to have the chance of obtaining a Google credit card. The Google AdWords Business Credit card” to give the plastic its formal name, is a tool the Chocolate Factory hopes small business will use to rack up big bills for online ads they don't have the cash to …
gavel_judgment_channel

eBay frets as right to resell comes under scrutiny

eBay has launched a “grass roots” campaign to defend America’s first sale doctrine, as a Supreme Court hearing approaches that could subject second-hand and resale trades to the approval of rights-holders. The online auctioneer is lobbying in defense of the first sale doctrine, and has launched “eBay Main Street” to mobilize its …
Wallendas on bikes

Social Bikes inks deal with AT&T to stalk pedal-pushers

Vid AT&T will be providing connectivity to push bikes from Social Bikes, enabling bike-share schemes to operate without dedicated big racks by tracking every mile peddled. Despite failing as a Kickstarter project, and only finishing the prototype bike four months ago, Social Bicycles (or SoBi as they prefer to be called, though try …
Bill Ray, 5 Oct 2012
Cloud security

Microsoft beefs up cloud login security in PhoneFactor gobble

Microsoft has bought PhoneFactor, the maker of software that allows punters to securely identify themselves to computer systems using their mobiles. Terms of the deal, announced yesterday, were undisclosed. The snapped-up biz offers phone-based authentication as an alternative to physical security tokens that can, for instance, …
John Leyden, 5 Oct 2012
Skype iPad

Skype touts FREE* Wi-Fi across the UK

For a tenner a month Skype will let a business share its Wi-Fi network with Skype customers, but the biz will get window stickers and porn filtering too, so what's not to love? Online voice-chat outfit Skype and partner Wicoms will provide a free Wi-Fi access point to plug into a broadband connection, and a website to monitor …
Bill Ray, 3 Oct 2012
Java logo

Larry couldn't, but we can: Upstart Waratek touts cloudy Java love

A startup has pledged to deliver for Java what the brains of Larry Ellison’s mighty Oracle and the entire Java community cannot: cloud scalability - now. It also hopes to spread the love to Java-hating sysadmins. Waratek is planning the general release of its Cloud VM for Java at JavaOne next week. The Cloud VM product is a …
Gavin Clarke, 26 Sep 2012
The Winklevoss twins, Cameron and Tyler

Winklevoss twins stuff $1m into social network for the FILTHY RICH

Wanna know what the world's been lacking? A social network for hedge-fund bods, of course. And who better to be at the helm of such a brave Web2.0 venture than square-jawed Olympic rowing twins Cameron and Tyler Winklevoss - who rose from the ashes of their legal spat with Facebook CEO Mark Zuckerberg to plunge some of their …
Kelly Fiveash, 17 Sep 2012
channel_teaser_money_top

VCs snaffle £200m of UK taxpayer gold ... to bet on high-risk biz

The UK government has showered venture capitalists with £200m of taxpayers' money for high-risk investments, the science and universities minister David Willetts told MPs today. Willetts said £50m of this cash has already been set aside as an angel investment pot. “For the first time, we’ve said we’ll co-invest,” he said. …
Andrew Orlowski, 13 Sep 2012
Downing Street road sign

Cable offers to shower UK biz in taxpayer gold to stimulate growth

Blighty's Business Secretary Vince Cable pulled back the curtains on his new biz investment bank this morning. While outlining plans for the state-backed pile 'o public cash, which would provide capital to companies, the Liberal Democrat minister efforts so far to kickstart the economy were laissez-faire - and said his bank …
Anna Leach, 11 Sep 2012

Shuttleworth drops one million cluster bucks on Ceph upstart

Billionaire Linux kingpin Mark Shuttleworth has injected $1m into storage startup Inktank to bring the team's distributed file system Ceph to cloud computing. Shuttleworth invested the cash as a convertible note to grow the four-month-old biz and fund the development of the open-source fault-tolerant storage system Ceph. Inktank …
Gavin Clarke, 11 Sep 2012
The Register breaking news

Arqiva swallows IPTV-on-Freeview upstart

Not content with a virtual monopoly on broadcast, UK giant Arqiva has bought Connect TV, the outfit that has been slipping IPTV channels into the Freeview Electronic Programme Guide for the last year. Neither company will say how much the UK broadcasting services firm paid for Connect TV, but reps from the company did admit to a …
Bill Ray, 6 Sep 2012
SAS badge

Famous SAS man trousers £1m as e-publishing startup sold to Tesco

Famous ex-SAS man "Andy McNab" will pocket almost £1m as Mobcast, an e-book publishing operation he co-founded, is sold to Tesco. Mobcast has 130,000 titles available to read on tablets, phones or computers and is not tied to any specific device. The service was founded in 2007 by McNab and the firm's head, Tony Lynch. "As an …
Lewis Page, 5 Sep 2012

Iomega: SOHO punters will pay hard cash for our cheap boxes

Networked storage is not just for enterprise buyers. The wee consumer arm of storage-and-networking giant EMC says that small office and home office (SOHO) and small and medium business customers have bought more than a million of its StorCenter networked storage boxes. Iomega is an EMC business unit focused on selling external …
Chris Mellor, 4 Sep 2012
The Register breaking news

Ofcom begged to protect minicab, other small-biz's radio spectrum

The Federation of Communication Services, trade body to the UK's private radio operators, is calling for Ofcom to step away from the free market when it comes to spectrum regulation. The Federation, representing more than 300 UK companies with interests in private radio, has published a 14-point advisory for Ofcom's …
Bill Ray, 4 Sep 2012
The Register breaking news

'G-Cloud is nothing more than a suppliers' website'

Quotw This was the week when the US patent trial between Apple and Samsung was still happening and the pair of them were as snide as ever. Documents released in court revealed various tidbits about the companies and their ongoing tiff, including that the fruity firm offered Samsung a licensing deal at one point, though not a very good …
The Register breaking news

$1bn for Instagram? Knock yourself out, Facebook - UK watchdog

The UK's merger and acquisitions regulator has cleared Facebook to snaffle up photo filter Instagram. Imagine the sighs of relief at the social network when the watchdog ruled that the $1bn acquisition won't affect competition. The Office of Fair Trading said there was no need to refer the proposed deal to the Competition …
The Register breaking news

Wee biz sector risks wrath of UK data leak watchdog

Businesses that fail to keep private data secure could be in trouble as the Information Commissioner's Office extends its beady eye beyond breaches in the public sector. Bean counters at Syscap pointed out that with the ICO issuing more warning notices and ramping up its fines, small businesses in particular could be at risk as …

Upstart DEY touts Facebook-style storage for all and sundry

Data juggling upstart DEY Storage claims it can bring Amazon, Facebook and Google-style storage to businesses with a silky software coating. Why bother paying any attention to it? Well, DEY has just raised $3m in seed funding from the great and the good including Seagate boss Steve Luczo and Virtual Instruments CEO and ex- …
Chris Mellor, 13 Aug 2012
The Register breaking news

Rampant fake Facebook ad clicks riddle hits dead end

Analysis After a startup claimed that 80 per cent of clicks on its ads in Facebook were bogus, sales of pitchforks and burning torches went through the roof as pundits circled in search of a scandal. However, the figures in the case lead to an unexpected dead end rather than to a smoking gun of unimaginable fraud. Facebook charges …
John Leyden, 6 Aug 2012
The Register breaking news

London CGI firm scores DON'T-HIT-the-PEDESTRIAN test contract

The Driving Standards Agency (DSA) has awarded animation firm Jelly a contract for CGI technology. DSA said it met with the SME last October to identify new technologies that could be used to refresh its hazard perception test. The agency started a formal procurement process in January and two early examples of CGI clips were …

ARM knees semi groins with 2 billion chip feat

Two billion processors designed by ARM shipped in the first quarter of 2012, banking the UK chip biz forecast-busting profits for Q2. While the rest of the semiconductor industry apparently suffered a 4 per cent slump year-on-year in shipments, the Cambridge-based company said it enjoyed a 9 per cent rise - marking the highest …
Chris Williams, 25 Jul 2012
The Register breaking news

O2 attempts to muscle in on voucher biz with SME freebie scheme

O2 is opening its Priority Moments service to any business with an O2 phone, letting one-man-bands offer vouchers to O2 customers just like the big boys can. Small businesses, who've not yet ventured into Groupon or Vouchercloud or who just fancy broadening their options, can now use O2's Priority Moments for some free …
Bill Ray, 24 Jul 2012
The Register breaking news

Google plucks Gmail app maker Sparrow from the sky

Google has bought email application maker Sparrow for an undisclosed sum. The Paris-based startup confirmed on Friday that it had been acquired by the advertising and search giant. Sparrow said in a statement announcing the buyout: We care a lot about how people communicate, and we did our best to provide you with the most …
Kelly Fiveash, 23 Jul 2012
RightScale logo

Scottish cloud abacus gobbled by control freak RightScale

If you think keeping track of the technical differences between cloud systems is hard, try figuring out what compute, storage, and network capacity on various platforms can cost. It's enough to give you migraine, which is why cloud control freak RightScale, which spans multiple public and private systems, has acquired small …

WD sees red, flogs NAS niche drives to SOHO punters

Updated WD has spotted a NAS niche in the SOHO (small office/home office) market and introduced its Red drive specifically for such customers, simultaneously bringing colour-code branding to the fore, ahead of its Caviar and Scorpio brands. The Red hard drives are 1, 2 and 3TB 3.5-inch drives with a 6Gbit/s SATA interface and they are …
Chris Mellor, 12 Jul 2012
closed_sign shut down under collapsed liquidation

Misery ending? UK reseller insolvencies may have bottomed out

Insolvency rates in the UK channel were back to pre-recession levels in Q2, according to official stats from credit reference agency Graydon UK. The picture is remarkably different to a year ago when reseller failures reached a nine-year high with 99 firms hitting the wall, a pattern that continued until the end of Q1 2012 when …
Paul Kunert, 2 Jul 2012
grab_that_cash

Cabinet Office pilots sales website for small IT suppliers

The Cabinet Office is piloting a website intended to be an "interactive forum" to help small businesses communicate with government and find out about ways to sell to the public sector. Known as Solutions Exchange, the website has been divided into two sections. The first, 'challenges', focuses on emerging opportunities to work …
The Register breaking news

Realising the benefits of cloud for mobile workers

Vid Even today, many enterprise users are unsure about cloud computing. They don't understand what it means, and they think that it's mere hype. And yet mobile devices primed for the cloud are making their way into the enterprise, whether IT departments like it or not. Understanding how the cloud works, and what it can offer mobile …
David Gordon, 21 Jun 2012
The Register breaking news

Gov mulls ban on wallet-draining charges for card payments

The government is to consult on plans to ban companies levying surcharges on consumers when they use payment cards later this summer, the Consumer Affairs minister has said. Some companies currently charge consumers a fee for buying goods or services using credit or debit cards or via other payment methods. Under government …
OUT-LAW.COM, 19 Jun 2012
The Register breaking news

Office 365 in moving pictures

Site news Check this out, a short whiteboard-style animation by our art guy Andy, for an Office 365 campaign we are running with Microsoft. Of course, all you IT pros know the cloud drill, and are wedded to text. But the next time your business manager asks you what this Software-as-a-Service malarkey is all about, you can show them this …
David Gordon, 14 Jun 2012