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SecureWorks' sorry IPO falls $48m short of aim

In the first initial public offering of the year in the technology sector, Dell's infosec subsidiary SecureWorks has raised much less than expected. Despite plans to raise $160m with the IPO, Dell has pocketed only $112m after selling eight million shares at $14, merely 70 per cent of its aim. The squib of an IPO is …
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Whitehall waste: Cash splashed on consultants and temps up 90% in half decade

Update Taxpayers cash that government spends on consultants and temporary staff has soared by up to 90 per cent over the last five years to £1.3bn, as Whitehall struggled to build technical skills in-house, an official report confirmed. The Committee of Public Accounts probe into temp costs found departments’ overall spending had …
Kat Hall, 22 Apr 2016
AMD CEO Lisa Su speaking at the firm's 2015 financial analyst day

Hands up, who prayed for AMD? Well, it worked

About a year ago, we asked you to pray for AMD. It's working. AMD has announced a joint venture with a Chinese manufacturer that will churn out server processors using mini-Chipzilla's technologies in the Middle Kingdom. It also said it will bank about $1.5bn from three new games console chips over the next three or four years …
Chris Williams, 22 Apr 2016
Strom Clouds

Stalled cloud growth, software flatlining, hated Lumias unsold... It's all fine, says Microsoft CEO

Microsoft is putting a brave face on disappointing third-quarter earnings that saw profits fall 25 per cent year-on-year and cloud revenues failing to rise fast enough to offset losses in other areas. Earnings per share were $0.62 non-GAAP, down 23 per cent from 2015, compared to analysts' estimates of $0.64. "We had a solid …
Iain Thomson, 21 Apr 2016
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When is making $20bn in three months not enough? When your name is Google

Google parent company Alphabet is feeling the heat after it failed to reach earnings targets this past quarter. The Chocolate Factory took a beating on Wall Street after it reported non-GAAP earnings of $7.50 per share in its 2016 Q1 period, which ended in March. Analysts had expected earnings of at least 7.96 per share. Here' …
Shaun Nichols, 21 Apr 2016
Man loads in blanket into the washing machine. Photo by Shutterstock

EMC results: It'll all come out in the post-Dell deal wash

+Comment EMC saw many pockets of growth in its first fiscal 2016 quarter’s results but overall revenues declined because core legacy product revenues fell, as did RSA and the enterprise content business. These declines more than offset the impressive growth rates of newer products. In the EMC earnings call, CEO and chairman Joe Tucci …
Chris Mellor, 21 Apr 2016
Penguin, photo via Shutterstock

Microsoft headhunters seek Linux folk for secret open source unit

Exclusive Microsoft is recruiting from open-sourcers to build a unit apparently selling open-source wares on its Azure cloud. Recruiters working on behalf of Microsoft have been contacting employees of Linux firms, interviewing them for what’s being called an open source practice. Microsoft is specifically looking for those with …
Gavin Clarke, 21 Apr 2016

Check Point chugs on: Profits and revenues up despite volatile market

Check Point’s share price has dipped a touch after the firm reported lacklustre Q1 financial results. During the first quarter ending 31 March 2016, Check Point’s total revenues came in at $404m, compared to $373m in the first quarter of 2015, a nine per cent increase year-on-year. Its GAAP net income rose, albeit modestly. …
John Leyden, 21 Apr 2016

Larry Ellison's Brit consortium in 'advanced talks' to buy Aston Villa

Larry Ellison is rumoured to be mulling a substantial cash injection into a foundering business which has seen itself unable to compete in recent years with more powerful rivals. No, not Oracle, but Aston Villa, according to the the word on the street and in The Sun, which says that a Brit consortium linked to the US …
Paul Kunert, 21 Apr 2016

12,000 chopped: Intel finds its inner paranoid

Only the Paranoid Survive, or so former Intel chief executive Andy Grove once wrote. And it seems that, faced with the demise of the PC market, Intel CEO Brian Krzanich has found his inner Andy Grove. Grove, who died last month aged 79, left both an awesome business record and some great quotes behind him. While Intel co- …

Embattled 123-reg flings six months' free hosting at angry customers

Customers still unable to access their websites following a mega cock-up at hosting site 123-reg over the weekend have been offered six months' free VPS and backup recovery services as a sweetener. The biz 'fessed up to customers this week that a script containing a catastrophic error which was run on Saturday (16 April) took …
Kat Hall, 21 Apr 2016
Stock market image via Shutterstock

The suits in finance are cutting down on tech spend – Computacenter

Some financial services institutions are taking a break from spending cash on tech, London-based supplier giant Computacenter said today as it reported a Q1 trading update. The services-based reseller revealed a four per cent year-on-year dip in UK turnover to £348.6m for the three months ended 31 March. Product sales dropped …
Paul Kunert, 21 Apr 2016
Files in manager's desk drawers: manila folder marked "Redundancies". Image via shutterstock

Intel told Irish council all was well just before 12k job cuts announced

Irish county councillors are worried by Intel's refusal to tell them if local redundancies are coming. Intel's Leixlip fabrication plant employs more than 4,500 people in Kildare. The company's operations in the rest of Ireland employ a further 700 people. On Tuesday, CEO Brian Krzanich announced that about 12,000 people, or …
CEO Rob Beardon - Image via hortonworks

Hortonworks CEO tells El Reg: 'Clearly there's a lot of work to do'

Interview Hortonworks CEO, Rob Bearden, told The Register that “clearly there's a lot of work to do” as the business attempts to stop burning cash by the end of 2016. In an interview in The Marker hotel in Dublin, just across the River Liffey from where Hortonworks was hosting its EMEA Hadoop Summit, Bearden reaffirmed that the Santa …

Tweak Privacy Shield rules to make people happy? Nah – US govt

The US government has poured cold water on the idea of making changes to the new Privacy Shield agreement that will cover transfers of people's private data between the US and Europe, potentially putting the entire agreement at risk. Under secretary of commerce for international trade, Stefan Selig, told Reuters that the US …
Kieren McCarthy, 20 Apr 2016
BOLIVIA, UYUNI, 17 SEPTEMBER 2014 - Internet and mobile communications in Uyuni, Bolivia, South America - pic via shutterstock

Cashman steadies ship: EMC revenues shrink, profits fatten

EMC saw a slight revenue decline year-on-year in the first 2016 quarter, with Latin America a trouble spot. Revenues of $5.5bn were 2 per cent down year-on-year from $5.6bn. However profits, of $268m were 6.3 per cent higher year-on-year EMC’s first quarter is seasonally weaker than its fourth quarter and, indeed, the fourth …
Chris Mellor, 20 Apr 2016
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WD rust-proofs spinners with Gold offering

WD has set up a new data centre nearline disk drive brand, Gold, with three drive capacities matching and topping the Re brand’s capacities. The spinning rust folk have released 4, 6 and 8TB, 3.5-inch Gold drives with a mix of technologies. The 8TB Gold drive is a helium-filled drive for example, while other two are air- …
Chris Mellor, 20 Apr 2016
AWS Snowball lets you ship data to Amazon's cloud via courier

AWS updates: Larger snowballs, mobile Cognito and more

Amazon has announced numerous updates to its cloud platform at its AWS (Amazon Web Services) summit in Chicago on April 18 and 19. On the storage side, S3 Transfer Acceleration optimizes data transfer to and from Amazon's Simple Storage Service by routing connections to the lowest-latency AWS Edge Location, the same global …
Tim Anderson, 20 Apr 2016
Yawning Cat by Johnc24 at Flickr, CC-20 License at https://creativecommons.org/licenses/by/2.0/

SAP's results are a right Waldorf salad: Core sales dip, yet support biz is stable

SAP has confirmed a sudden and sharp drop in sales of its software with continued, escalating sales of cloud. Sales of new licences for its core, on-premises software fell 13 per cent in the first three months of 2016 to €609m, compared to the first quarter of 2015. It was a sharp about-turn given SAP closed the last three …
Gavin Clarke, 20 Apr 2016
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Official: EU goes after Google, alleges it uses Android to kill competition

The EU's competition authority thinks it has a smoking gun against Google. Consumers suffered because Google’s contracts with phone OEMs prevented the market from creating a better Android, the EU Commission alleged today. It has sent a formal Statement of Objections to Google that forces Google to come up with remedies or …
Andrew Orlowski, 20 Apr 2016
Close up of etched silicon

ARM Holdings gives the thumbs-up, reports revenue and licensing uptick

Chip designer ARM has reported revenue and profit increases in Q1, with its shares trading up despite a moody FTSE 100 this morning. Q1 2016 saw a year-on-year dollar revenue rise for ARM at 14 per cent (22 per cent in £) when its results were posted today. Pre-tax profits of £137.5m are an increase of 14 per cent year-on-year …

123-reg still hasn't restored customers' websites after mass deletion VPS snafu

Angry customers of hosting biz 123-reg, who have been left without websites after a major cockup by the firm over the weekend, are continuing to report problems. Problems emerged on Monday, after the company confessed to virtual private server customers it ran a script containing an catastrophic error at 7am on Saturday as …
Kat Hall, 20 Apr 2016
Angry man yelling on phone while reading vintage printer paper report. Photo by SHutterstock

LiveDrive drive by: Backup biz's price hikes will kill us, say resellers

Resellers and customers of web backup biz LiveDrive are digesting its recent sweeping price changes with varying degrees of frustration. Some say they’ll quit the service and others are seeking legal advice. As revealed last week, UK-based LiveDrive reseller Monster Cloud, which itself wholesales the online storage services to …
Paul Kunert, 20 Apr 2016
Michael Dell, photo: Dell

Dell gives up on vWorkspace virtual desktops

Dell has decided to cease further development of its vWorkspace product, a desktop virtualisation (VDI) tool it acquired along with Quest back in 2012. In a statement sent to The Register's virtualisation desk, Dell said it is “transitioning vWorkspace to maintenance and support of its existing product.” “Current customers …
Simon Sharwood, 20 Apr 2016

VMware says users run away screaming after trying OpenStack

VMware has reported a cracking first quarter for 2016, with year-on-year revenue growth of five per cent making for a US$1.59bn revenue haul for the three months to March 31st. Not everything is rosy down VMware way: compute virtualisation sales were off ten percent and revenue down one point, as expected. Licence sales ticked …
Simon Sharwood, 20 Apr 2016
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Four hundred MILLION vulnerable Androids are out there

There's still too many unpatched Android devices, Google reckons: to wit, 29 per cent of mobes and tablets running The Chocolate Factory's operating system are running out-of-date code. In among the self-congratulation in Google's second Android Security Annual Report, we find that only 71 per cent of devices are running …
Sad man stares glumly over boxed contents of desk. Image via shutterstock (Baranq)

Intel literally decimates workforce: 12,000 will be axed, CFO shifts to sales

Intel will axe 12,000 employees globally – more than one in ten of its workforce – as it moves further away from being a PC chip company. The layoffs are among the biggest into the company's history, and come as PC industry continues to tank harder than Intel expected. The Santa Clara-based biz sees a lot of growth in the …
Chris Williams, 19 Apr 2016
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EU: We're splashing out €6.7bn on a giant scientific cloud

The EU is launching a €6.7bn (£5.3bn) mega “science cloud”, intended to better exploit the continent's academic research via big data. According to a press release from the European Commission, the EU is the "largest producer of scientific data in the world, but insufficient and fragmented infrastructure means this 'big data' …
Kat Hall, 19 Apr 2016

Oof! Acer suffers 25 per cent hit to PC sales in turbulent Q1

Acer and Lenovo's PC sales tumbled during the first three months of 2016 as the EMEA market contracted by 10 per cent, according to Gartner. While everybody except Asus was down compared to 12 months ago, Acer was the single biggest loser. The ailing notebook maker shipped 26.4 per cent fewer PCs – 1.5m units – leaving it …
Gavin Clarke, 19 Apr 2016
The CST-100 descends by parachute with airbags deployed. Pic: Boeing

Oh dear, IBM. Storage isn't looking like a cash cow any more, is it?

IBM's storage hardware revenues continue falling as growth businesses stay submerged under the declining ones. In its first quarter of 2016 results, IBM's storage hardware revenues were, at $433.5m, six per cent down year-on-year, continuing the now familiar trend. This was a billion-dollar-a-quarter business in the fourth …
Chris Mellor, 19 Apr 2016

Google found 760,935 compromised web sites in a year

Google and university researchers say the tech giant found some 760,935 compromised websites across the web during a year-long research effort. Google's Eric Kuan; Yuan Niu; Lucas Ballard; Kurt Thomas, and Elie Bursztein joined the University of California, Berkely's Frank Li, Grant Ho, and Vern Paxson in writing Remedying Web …
Team Register, 19 Apr 2016
VMware nutella

VMware signals new open source and developer push with FOSS-meister gig

VMware's signalled a new push into open source by advertising for a Director, Open Source Programs. The ad for the gig says it will live in a “newly-formed Chief Development Officer (CDO) organization” and “shape how VMware views, contributes to, and relates to F/OSS communities.” That's "F/OSS" as in Free-slash-open-source. …
Simon Sharwood, 19 Apr 2016
Train wreck

IBM shuffles units, axes staff, sees profit shrink

IBM's attempts to re-organize its businesses and focus on its Watson cloud-AI-offering-thing did not prevent Big Blue from tumbling to its sixteenth consecutive quarter of falling revenue. The enterprise giant said on Monday that its new "reporting structures" will show how it is focusing on growth markets like cloud services …
Shaun Nichols, 19 Apr 2016
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Hey, Britain! Meet Mr Maxwell, our new National Tech Advisor

The government's chief technology officer, Liam Maxwell, is escaping the Digital Services wing to take up the newly created post of National Technology Advisor. Under the promotion, the former head of IT at private school Eton will provide consultancy on Blighty's digital economy. Maxwell, who is leaving the post earlier than …
Kat Hall, 18 Apr 2016
£10 notes. Pic: Howard Lake

Ah, so that's why Adapt wasn't put in the shop window in 2015

The reason why Lyceum-backed Adapt remains Lyceum-backed is contained in their latest set of annual profit and loss accounts - company growth stalled and so a sales process was halted. The London-based outfit was expected to come onto the market last last year and tasked M&A and corporate finance advisor ARMA Partners with …
Paul Kunert, 18 Apr 2016

Gartner's broken out its crystal ball again. Huawei's object storage bods won't be happy

Comment Gartner's gurus have ranked the top twelve object storage suppliers in a Critical Capabilities report, with Cleversafe at the top and Huawei last. The report states: "Object storage is pervasive as the underlying platform for cloud applications that we consume in our personal lives, such as content streaming, photo sharing and …
Chris Mellor, 18 Apr 2016

Academic network Janet clobbered with DDoS attacks – again

Blighty's government-funded educational network Janet has once again been hit by a cyber attack, with a fresh wave of DDoS attacks launched against the network this morning. The issue first began on Friday 15 April, with the body reporting it had been hit by a DDoS attack. "We are seeing another targeted attack. This may …
Kat Hall, 18 Apr 2016
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Dell slips Scality's RING onto its OEM finger

Dell has upgraded its nine month old Scality reselling deal, offering the SD7000-S file and object storage server running OEM'd Scality RING software. This follows on from the HPE-Scality deal with HPE investing $10m in Scality and selling its RING software with its Apollo 4000 and ProLiant servers. The purpose-built and …
Chris Mellor, 18 Apr 2016

Furious customers tear into 123-reg after firm's mass deletion woes

The fall-out continues from hosting service 123-reg's major weekend cockup, which knocked several customers offline – with several telling us the error has effectively deleted their businesses. As already revealed, on Saturday customers' virtual servers vanished after the hosting firm ran a script containing a catastrophic …
Kat Hall, 18 Apr 2016
European flag with sad face

Brexit would pinch UK tech spend but the EU wouldn't care – survey

If the United Kingdom chooses to leave the European Union – a so-called “Brexit” - Europe's information technology industries would not bat an eyelid and IT spending in the sceptred isles would only experience a “mildly negative” dip. That's the consensus opinion to which analyst outfit IDC is putting its name after polling …
Simon Sharwood, 18 Apr 2016

UK web host 123-Reg goes TITSUP, customer servers evaporate

UK hosting and domains provider 123-Reg has been struck by a weekend TITSUP (Total Inability To Support Usual Performance) that knocked an unspecified number of VPS (virtual private server) customers offline. The company posted a status message saying that the unspecified issues arose on April 16. 123-reg customer, software …

Oracle plans Exadata-as-a-service, in cloud or on-prem

Oracle is preparing an on-premises version of its new Exadata cloud service. Big Red recently introduced a cloudy version of Exadata, its dedicated database appliance which itself scored a new release. The headline items in the seventh-generation appliance are the new Broadwell Xeons. Oracle's chosen the 22-core version to …
Simon Sharwood, 18 Apr 2016

Opinion

Walking on water, image via Shutterstock

Chris Mellor

IDC stats reveal who's who in the backup appliance bearpit
Carry on Cleo

Gavin Clarke

Infamy, infamy, Amazon and Microsoft have all got it in for me!

Tim Anderson

Also signals stronger cross-platform tools, access to new markets
DAve_Richards

Chris Mellor

Cometh the migration hour, cometh the migration technology
jigsaw_puzzle_648

Chris Mellor

Captain's log: Will peace remain among product lines?

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