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Small security vendors have only five years to live, says Home Retail Group

There will be no small security vendors left within five years. So predicted Home Retail Group head of information security Lee Barney at InfoSec Europe in London today, who argued that they will be swallowed up by larger technology services providers. “People make things in order to find people to sell them to,” stated Barney, speaking on a panel with other ... Read More »

The Safe Harbour standoff: views down the barrel of a gun

Author: John Leonard Source: Computing | 28 Oct 2015 Categories: Finance and Reporting | Privacy Tags: European court of justice | Safe harbour | Eu data protection regulation | Mobile enterprise forum | Techuk | Gdpr The sudden annulling of the EU-US Safe Harbour agreement by the European Court of Justice (ECJ) on 6… Read More »

RBS, Natwest, Ulster Bank customer payments are ‘missing’ in new IT failure

Top 20 tips for negotiating new software deals Read More »

£150m licence fee shortfall sees BBC cut 1,000 jobs and merge IT roles

The director-general of the BBC, Tony Hall, has announced that a projected £150m shortfall in licence fee collection is forcing him to cut 1,000 jobs from the organisation, as well as merging technology, engineering and digital teams. “These changes will save £50m a year,” said Hall in a letter to employees yesterday. “And, you know as well as I do, ... Read More »

The Budget: The UK is open for business, but not for IT

Chancellor George Osborne’s red Budget box might now resemble the world’s most expensively-pimped iPad case, but does it hold much for the UK’s technology sector, or for its digitally enabled businesses – beyond the £13bn of central government IT cuts already announced, which will be a blow to providers? First, the big picture. Osborne delivered the first Tory Budget since ... Read More »

Apple Watch sales remain a mystery as Apple shares plummet following weak forecast

Apple’s shares plummeted by nearly seven per cent with investors seemingly unhappy that its fourth-quarter revenue forecast would miss estimates, while there was mystery surrounding Apple Watch sales figures, which the Cupertino, California-based firm refused to reveal. Apple executives claimed during a conference call following the results that releasing the Apple Watch numbers would help its competitors. The firm’s CFO, ... Read More »

Nokia nosedive: How can Microsoft avoid another $10bn mobile debacle?

The maths has been done, and the total cost of Microsoft’s ill-informed acquisition and subsequent write-off of Nokia’s mobile phone arm has been totalled at a staggering $10bn. The figure came to light after Microsoft had to disclose details of the financial activity around Nokia when filing with the US Securities and Exchange Commission (SEC). “Impairment, integration, and restructuring expenses ... Read More »

Rapid rise of Hadoop will see Hortonworks smash revenue growth record

Hortonworks will become the first software start-up ever to hit annual revenues of $100m in less than five years, according to Barclays Research. Hortonworks, a distributor of the Apache Hadoop big data platform, was founded in 2011 and went public in December 2014. It differs from its main rivals Cloudera and MapR both in its status as a public company ... Read More »

Hundreds of thousands of HSBC customers unpaid due to IT glitch

HSBC has admitted that 275,000 payments haven’t gone through to customers, meaning potentially hundreds of thousands of individuals will not have received wages ahead of the bank holiday. “We are taking immediate steps to ensure the payments reach beneficiaries as quickly as possible,” said HSBC, as it described working with other banks to try and help patch over the problems ... Read More »

30,000 more jobs to go at HP

Autodesk shift to cloud could boost stock 50 per cent Read More »

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