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Market News

Market News for IT, Computer Components, CPU, HDD, RAM, Networks

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Industry News

Eurojust helps Italy and Slovenia unravel massive VAT fraud

Posted: 24 June

Eurojust helps Italy and Slovenia unravel massive VAT fraud

The Hague, 24 June 2019

With the assistance of Eurojust, the Italian authorities seized almost EUR 84 million after unravelling a VAT fraud scheme involving the marketing of technological and computer products in the region of Campania. A total of 49 suspects are under investigation for tax crimes committed through so-called ‘carousel fraud’ by collecting the VAT for themselves...

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Headlines - The Register

AWS Security Hub takes half-hearted bite out of SIEM vendors' lunches

25 June - 18:40

SIEMless pitch, amirite?

Amazon Web Services has wheeled out its Security Hub – a SIEM aggregator product – in an effort to snaffle some of the lucrative cloud SIEM market for itself.…

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It's a fullblown Crysis: Gamers press pause on PC purchases, shipments freeze

25 June - 17:00

Can I swap out the card? Then fsck the upgrade

A dip in the Chinese economy and consumers exploiting lower-priced GPUs to upgrade rather than replace their desktop rigs has led to slowdown in sales of gaming systems.…

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The Eldritch Horror of Date Formatting is visited upon Tesco

25 June - 16:00

Best before end? Who reads those things anyway?

Date formatting is one of the many banes of a programmer's existence. Pity, therefore, the Tesco customer presented with a date in the Julian format.…

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McAfee sues ship-jumping sales staff over trade secret theft allegations

25 June - 15:13

Complaint claims rival Tanium's hires took deal data with them

McAfee is suing former senior salespeople whom it alleges stole company trade secrets when they moved to a rival security vendor.…

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Don't make a FOSS: Apache Software Foundation Board bids farewell to co-founder and two big hitters

25 June - 14:00

Over in proprietary land, musical chairs a thing at Microsoft too as former Windows Insider-in-chief quits

To lose one board member may be regarded as a misfortune, to lose two looks like carelessness, but to lose three?…

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Open-heart nerdery: Boffins suggest identifying and logging in people using ECGs

25 June - 12:57

Heartbeat rhythms could be the next biometric authentication method

Biometric systems could use the unique patterns from a person's ECG reading for biometric sign-ons.…

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The in and outs of Microsoft's new Windows Terminal

25 June - 12:00

Handy features in the Store applications, but the underlying infrastructure changes matter more

Hands On  Microsoft's new terminal app is now available in the Windows Store - so naturally your Vultures took it for a spin.…

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We've Falcon caught it! SpaceX finally nets a fairing half after a successful Heavy launch

25 June - 11:00

Although third time unlucky as the centre stage enjoys an explosive landing

SpaceX's Falcon Heavy turned night into day this morning as the monster rocket successfully hauled itself from Kennedy Space Center's Launch Complex 39A.…

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UK police want to Airwave hello to some more mobile devices – survey

25 June - 10:13

Long delayed Emergency Services Network probably not helping

UK police might not agree on how to measure the success of technology used on the beat, but three-quarters of them want better mobile kit - and more of it.…

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Please stop regulating the dumb tubes, says Internet Society boss

25 June - 09:10

Even govt rules have knock-on effects, warns Andrew Sullivan

Interview  Andrew Sullivan, chief exec of the Internet Society, has condemned governments that "interfere in underlying technologies that people are allowed to build," as regulators increasingly target net infrastructure to enforce their visions of how the online world ought to be.…

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The Great IoT Protocol War may have been won: Thread's 1.2 release aims at business

25 June - 08:04

Meanwhile in the home, it's all Google, Amazon, Apple…

Analysis  The smart home and internet-of-things market has long suffered from a plethora of protocols and standards: from X10 and ZigBee, to LightwaveRF, Z-Wave, Bluetooth, HomeKit, Weave, and Brillo. This month, however, we may finally have found a winner. Or, at least, a co-winner.…

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Sputnik? No, comrade, this is Spunknik: Frozen sperm manages to survive zero-grav in this totally realistic test

25 June - 06:57

May mean humans can travel to and infect alien worlds using cryotanks of reproductive cells

Humans may be able to colonize space after all, as a new study shows frozen sperm seems to be unaffected by the effects of microgravity.…

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What the cell...? Telcos around the world were so severely pwned, they didn't notice the hackers setting up VPN points

25 June - 04:18

Revealed: Long-running espionage campaign targets phone carriers to snoop on VIPs' location, call records

Hackers infiltrated the networks of at least ten cellular telcos around the world, and remained hidden for years, as part of a long-running tightly targeted surveillance operation, The Register has learned. This espionage campaign is still ongoing, it is claimed.…

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Remember that crypto-exchange boss who mysteriously died after his customers' coins disappeared? Of course he totally stole them

25 June - 01:41

So claims this Ernst & Young probe report

Gerald Cotten, the late Quadriga CEO, created a string of accounts on his Canadian cryptocurrency exchange, each under an alias and containing bogus dollar balances, according to Ernst & Young auditors. He then used those accounts, it's claimed, to buy his customers' cryptocurrency with those digitally conjured dollars that didn't actually exist, and then moved the ill-gotten Bitcoin and Ethereum to his accounts at other cryptocurrency trading sites.…

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Mayday, mayday. Cray, you cray cray: Investor attempts to halt HPE's $1.3bn biz gobble

24 June - 23:57

Accuses both companies of withholding essential information, claims multiple conflicts of interest

A cray cray Cray investor is attempting to scupper the supercomputer builder's pending $1.3bn acquisition by HPE, by proposing a class-action lawsuit.…

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Biz tells ransomware victims it can decrypt their files... by secretly paying off the crooks and banking a fat margin

24 June - 22:44

It's all in a lucrative day's work for Red Mosquito

A Scottish managed services provider is running a lucrative sideline in ransomware decryption – however, a sting operation by a security firm appears to show that “decryption” merely means paying off the malware's masterminds.…

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It's official. You can get FUCT, US Supremes tell scandalized bureaucrats in rude trademark spat

24 June - 21:50

Top court undoes snub for provocatively named clothing brand

When Erik Brunetti in 2011 first tried to obtain a trademark for his clothing company FUCT, the US Patent and Trademark Office blocked his application.…

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Iran is doing to our networks what it did to our spy drone, claims Uncle Sam: Now they're bombing our hard drives

24 June - 20:35

Tehran's hackers are 'wiping' infected machines as tensions spike, fresh sanctions approved

Hackers operating on behalf of the Iranian government have turned destructive, the US Department of Homeland Security has claimed.…

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BGP super-blunder: How Verizon today sparked a 'cascading catastrophic failure' that knackered Cloudflare, Amazon, etc

24 June - 20:01

'Normally you'd filter it out if some small provider said they own the internet'

Updated  Verizon sent a big chunk of the internet down a black hole this morning – and caused outages at Cloudflare, Facebook, Amazon, and others – after it wrongly accepted a network misconfiguration from a small ISP in Pennsylvania, USA.…

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Apple sued over fondleslab death blaze: iPad battery blamed for deadly New Jersey apartment fire

24 June - 18:00

Insurers and family fling sueballs at Cupertino giant

Apple is being sued Stateside over allegations that a faulty iPad battery caused a fire which resulted in a New Jersey man's death.…

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Packet hauls microservers out of dusty grave: Whoa! Necromancy is really edgy

24 June - 17:00

Small machines with feeble CPUs are becoming interesting again

In an act of technological voodoo, bare metal cloud provider Packet has resurrected the IT trend that was last in the headlines circa 2015 - the microserver.…

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One goes up, one stays on the ground and one gets ready: It's a week in space

24 June - 16:00

A trio of heavy lifters in rocket boffinry

Roundup  There was European joy, Russian frustration and a bit of a tease from the Falcon Heavy last week. And while the Pi 4 is the new shiny, spare a thought for the computers on the ISS.…

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Bill G on Microsoft's biggest blunder... Was it Bing, Internet Explorer, Vista, the antitrust row?

24 June - 15:00

Nope: It was not giving Android a run for its money...

Bill Gates has said his biggest management miscalculation was failing to position Microsoft's Windows Phone as the primary rival mobile operating system to Apple's iOS.…

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Cloudflare hits the deck, websites sink from sight after the internet springs yet another BGP leak

24 June - 14:07

Ghost in the machine conspires to ruin CDN biz's 10th birthday, it seems

Updated  US network services provider Cloudflare has been celebrating its impending tenth birthday with a good, old-fashioned TITSUP*, er, knees-up.…

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EE-k, a hundred grand! BT's mobile arm slapped for sending 2.5m+ unwanted texts

24 June - 13:28

Pestered folk to 'download my EE app' and 'upgrade your phone'

EE, the mobile operator arm of BT, is nursing a six-figure fine for texting more than 2.5 million pain-in-the-ass direct marketing messages to customers without their consent.…

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Out of Steam? Wine draining away? Ubuntu's 64-bit-only x86 decision is causing migraines

24 June - 12:50

i386 binaries will still run, says Canonical, but it may not be good enough for key apps

Updated  Canonical's decision to effectively ditch official support for 32-bit x86 in Ubuntu 19.10 means the Steam gaming runtime is likely to run aground on the Linux operating system – and devs say the Wine compatibility layer for running Windows apps will be of little use.…

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Curioser and curioser: Little Mars rover sniffs out highest ever levels of methane

24 June - 12:10

He who smelt it dealt it?

The Mars Curiosity Rover has found unexpectedly high levels of methane on the red planet.…

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The Windows Terminal turns up in the Microsoft Store

24 June - 11:30

Also: Azure backup for SQL dinosaurs and Machine Learning hits Windows Update

Windows 10 19H2 may still be MIA, but Azure is alive and well in the UAE.…

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Cisco cleans up critical flaws, Florida city forks out $600k to ransomware scumbags, and more from infosec land

24 June - 10:56

Your quick guide to what else has been happening in computer security lately

Roundup  Here's a quick Monday summary of recent infosec news, beyond what we've already reported.…

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Remember the Nominet £100m dot-uk windfall it claims doesn't exist? Well, it's already begun

24 June - 10:04

Fasthosts registers all its customers' .uk domain names – just for safekeeping, you understand

Analysis  For a £100m windfall that apparently doesn't exist, the release of millions of valuable .uk domain names is stirring a lot of activity in the UK's internet name space.…

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Driving Xtreme Cuts: DXC Technology waves bye bye to 45% of Americas Security divison

24 June - 09:08

50 roles shifted off to India

DXC Technology is sending hundreds of security personnel from the America's division down the redundancy chute and offshoring some of those roles to low-cost centres, insiders are telling us.…

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Having bank problems? I feel bad for you son: I've got 25 million problems, but a bulk upload ain't one

24 June - 08:08

It was acceptable in the Eighties

Who, Me?  Sunday is gone and Monday is here. To ring in the week, please join us in welcoming the latest addition to the shedload of shame that is The Register's Who, Me? column.…

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Go fourth and multi-Pi: Raspberry Pi 4 lands today with quad 1.5GHz Arm Cortex-A72 CPU cores, up to 4GB RAM...

24 June - 07:00

...And more, including dual 4K monitor outputs that you'll need new cables for

The Raspberry Pi Foundation has multiplied 3 by 3 and come up with 4: today a new Pi, the Raspberry Pi 4, officially launches with three times the grunt of the previous generation, the Raspberry Pi 3.…

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Get a grip on Lambda, Kubernetes, Azure Functions, and more, at Serverless Computing London – save £100s today with blind bird tix

24 June - 06:25

Discount offer expires tonight so hurry, hurry, hurry

Event  If you want to learn how organisations like Lego, Well pharmacy and Bayer are putting AWS Lambda, Function as a Service (FaaS), and Azure Functions to work, you should join us at Serverless Computing London this coming November.…

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Yay, for AI: Autonomous pizza-delivery robots. Nay for AI: Big Brother is real and it's powered by neural networks

22 June - 14:25

Also Waymo is releasing a data set for you self-driving car nerds

Roundup  If you wanna know what's been happening in AI this week beyond what we've already covered, here's a quick roundup...…

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Chrome ad-blocker crackdown preview due late July. Here's a half-dozen reasons why add-on devs are still upset

22 June - 00:26

Canary channel will let programmers experience tough new limits on extensions

Analysis  An early version of Manifest v3 – Google's controversial revision of Chrome's extensions system that will affect ad and content blockers – should appear in about a month.…

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'Bulls%^t! Complete bull$h*t!' Reset the clock on the last time woke Linus Torvalds exploded at a Linux kernel dev

21 June - 22:32

Yes, we too would lose our mind over *checks notes* page caches and storage IO

Linux kernel chieftain Linus Torvalds owes the swear jar a few quid this week, although by his standards this most recent rant of his is relatively restrained.…

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You're Huawei off base on this, Rubio: Lawyers slam US senator's bid to ban Chinese giant from filing patent lawsuits

21 June - 20:47

Plus: Chinese supercomputer maker Sugon, related orgs added to trade blacklist

Patent attorneys are hopping mad at another effort by US lawmakers to undermine Chinese giant Huawei – this time by excluding it from the American patent system.…

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Enterprise hardware makers cry out as hyperscalers clip infrastructure spending

21 June - 18:30

Still said to be worth around $66.9bn in 2019

IDC has clipped 2019 sales forecasts for the infrastructure kit used to power hyperscalers' cloud services – the one area of the market that helped to prop up old world vendors' hardware revenues.…

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There's that phrase again: JP Morgan CIO told Autonomy's first HP boss it was 'a shit show'

21 June - 17:30

Eye-opening VP evidence sheds light on state of post-buyout biz

Autonomy Trial  Autonomy staff were so paranoid under Mike Lynch's leadership that they feared their offices had been bugged, former head of HP Software Robert Youngjohns told London's High Court – adding that JP Morgan's CIO reportedly told him: "Autonomy is a shit show."…

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UK.gov must sort out its crap data and legacy IT, warns spending watchdog

21 June - 16:30

Never mind the robotics and AI bullsh*t

Government plans to throw money at automation and AI to develop public services risk "magnifying" problems around data quality residing in its own legacy systems, the National Audit Office has warned.…

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Summer's here, where's Windows 10 19H2? For Microsoft, spring ends whenever the heck it says so stop asking

21 June - 15:31

IF (DateTime.Now > Spring) { WHILE (Windows != Done) Spring++; }

Microsoft enlivened an otherwise deadly dull Windows 10 Insider build by revealing the corporation now defines its own seasons.…

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Welsh chip slinger IQE's shares drop by a third after blaming Huawei ban for falling revenues

21 June - 14:30

Chief points to strain on global supply chains as earnings miss analyst estimates

Welsh chip and wafer maker IQE's shares fell by almost a third this morning when it warned that the impact of the United States' Huawei ban is likely to be worse than expected.…

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Bloody vultures! Cheeky Spanish paraglider firm pinched El Reg's mascot

21 June - 13:45

Dios mío, eso es nuestro buitre!

An, er, eagle-eyed Reg reader holidaying in Spain has spotted an uncanny resemblance between this organ's beloved mascot and an equally vulturine logo being used by a peninsular paragliding concern.…

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Red Hat signs off last set of numbers before it is likely gobbled by IBM

21 June - 13:00

Only the Chinese now to OK $34.5bn slurp

With the EU tipped to approve IBM's $34bn slurp of Red Hat next week, the open-source software house started Q1 of fiscal '20 with double-digit hikes in sales and profit, though its top line fell short of analyst estimates.…

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Hello Moto! UK Home Office shoves comms giant another £82m to stay on Emergency Services Network gig

21 June - 12:15

More delays ahead for troubled programme

The UK Home Office has extended its Emergency Services Network contract with Motorola, intended to shift blue-light services to 4G.…

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Hot desk hell: Staff spend two weeks a year looking for seats in open-plan offices

21 June - 11:30

Cough. I believe you have my stapler

People spend an average of two bloody weeks a year just looking for a frigging desk to work at, thanks to hot-desking.…

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NVMe. We've written about it. You know all about it. But are you using it? We'd love to hear your thoughts

21 June - 11:15

Are you deploying this storage tech – or is it barely on your radar? We want to hear from you either way, please

Reg survey  We've all seen more than enough marketing hype in IT by now, and probably more enough to last several lifetimes.…

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Good old British 'fair play' is the answer to vexed Huawei question, claims security minister

21 June - 11:00

He then doubled down on spies' 'ghost user' backdoor plan

Solving the Huawei 5G security problem is a question of convincing the Chinese to embrace British "fair play", security minister Ben Wallace said yesterday without the slightest hint of irony.…

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Queue baa, Libra: People will buy what Facebook's selling. They shouldn't, but they will

21 June - 10:25

God money I’ll do anything for you

Something for the Weekend, Sir?  "People love being sold to."…

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