Private equity types to snap up NoSQL biz Couchbase $1.5 billion offered for database company valued at $1.2 billion four years ago Document database company Couchbase is set to be bought by a private equity biz in all-cash transaction valued at approximately $1.5 billion.… #theregister #IT
Private equity to snap up NoSQL Couchbase
: $1.5 billion offered for database company valued at $1.2 billion four years ago
Breaking the nerd internet: Three overlapping generations of tech history – in one selfie Bill Gates, Linus Torvalds, and Dave Cutler have dinner Sysinternals founder Mark Russinovich's after-dinner photo just flipped the nerd world into Kardashian-like levels of internet meltdown.… #theregister #IT
Three overlapping generations of tech history – one selfie
: Bill Gates, Linus Torvalds, and Dave Cutler have dinner
Wolfspeed to file for Chapter 11 in deal cutting 70% of debt Power chip biz to hand over equity to lenders, wipe out most shareholders, and keep running during restructuring Wolfspeed, maker of bandgap chips for power and radio frequency applications, is to file for Chapter 11 bankruptcy in the "near future" after striking an agreement with creditors to cut its $6.5 billion debt by roughly 70 … #theregister #IT
Wolfspeed to file for Chapter 11 in deal cutting 70% of debt
: Power chip biz to hand over equity to lenders, wipe out most shareholders, and keep running during restructuring
Experts count staggering costs incurred by UK retail amid cyberattack hell Cyber Monitoring Centre issues first severity assessment since February launch Britain's Cyber Monitoring Centre (CMC) estimates the total cost of the cyberattacks that crippled major UK retail organizations recently could be in the region of £270-440 million ($362-591 million).… #theregister #IT
UK retail’s estimated cyberattack costs pegged at $500M+
: Cyber Monitoring Centre issues first severity assessment since February launch
Economists sceptical over UK Spending Review's partly AI-driven 10% budget cuts MPs hear doubts over efficiency savings that are reliant on speculative gains from IT, machine learning Leading economists have questioned how the UK government's Spending Review can determine exactly 10 percent cuts to admin budgets — partly powered by AI and digital transformation — across ce… #theregister #IT
Economists sceptical on UK Spending Review
: MPs hear doubts over efficiency savings that are reliant on speculative gains from IT, machine learning
The one thing SME IT can do that the big guys can’t: Change the world Not quite the answer to life, the universe and everything, but not far off Opinion  The smaller the org, the better the jobs. Not universally true, but a good rule of thumb. Small organizations have fewer layers of management, and each individual has much more influence. One voice in 50 is 100 times louder than on… #theregister #IT
One thing SME IT can do that big tech can’t: Rapid changes
Opinion: Not quite the answer to life, the universe and everything, but not far off
Techie went home rather than fix mistake that caused a massive meltdown And was saved by an even worse meltdown caused by someone else Who, Me?  Welcome to another working week and therefore another installment of Who, Me? – The Register's reader-contributed column where you confess to making a mess and somehow find safe egress.… #theregister #IT
Techie made mistake that caused a meltdown
Who, Me?: And was saved by an even worse meltdown caused by someone else
Huawei chair says the future of comms is fiber-to-the-room, which China has and the rest of us don’t Also points to important markets among the 300 million people who will soon work as delivery riders or influencers Huawei’s chairman Xu Zhijun – aka Eric Xu – has called out China’s enormous lead in fiber-to-the-room (FTTR) installations.… #theregister #IT
Huawei chair says the future of comms is fiber-to-the-room
: Also points to important markets among the 300 million people who will soon work as delivery riders or influencers
AI-hosted infomercial shifts $7.5 million worth of product in China PLUS: India tries to untangle TXT marketing opt-ins; China’s AI crackdown succeeds; Australia and Boeing team AWACS, drones; and more! Asia In Brief  Chinese web giant Baidu last week staged a livestream hosted by an AI version of local influencer Yonghao Luo and scored 13 million hits and $7.5 million of sales.… #theregister #IT
AI-hosted infomercial is a big hit in China
Asia In Brief: PLUS: India tries to untangle TXT marketing opt-ins; China’s AI crackdown succeeds; Australia and Boeing team AWACS, drones; and m...
Former US Army Sergeant pleads guilty after amateurish attempt at selling secrets to China PLUS: 5.4M healthcare records leak; AI makes Spam harder to spot; Many nasty Linux vulns; and more Infosec in brief  A former US Army sergeant has admitted he attempted to sell classified data to China.… #theregister #IT
Former US Army Sergeant admits he sold secrets to China
Infosec in brief: PLUS: 5.4M healthcare records leak; AI makes Spam harder to spot; Many nasty Linux vulns; and more