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Icahn smell money! Corporate raider grabs $1.2bn of HP stock to push for Xerox merger

It was only a matter of time before Carl Icahn got involved in the developing story that is HP and Xerox’s marriage. The IT industry’s biggest, baddest corporate raider is using his $1.2bn stake in HP to push for nuptials. At least this is the view today expressed by the Wall Street Journal, which was told by the activist investor, who already owns a 10.6 per cent stockholding in…

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Magic Leap rattles money tin, assigns patents to a megabank, sues another ex-staffer… But fear not, all’s fine

Analysis Augmented reality hype-merchant Magic Leap has had to whip out its begging cap, sorry, sorry, its once-in-a-lifetime investment chest again for venture capitalists to top up with with millions of dollars. Having burned through $2.6bn – that’s billion – on its way to producing an AR headset that has so many limitations it seemingly has zero chance of becoming a consumer device, the upstart has announced it is…

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20% of UK businesses would rather axe their contractors than deal with IR35 – survey

As many as 20 per cent of UK businesses are axing contractors completely in order to ensure they are fully tax compliant ahead of IR35 changes next year, according to a survey. Recruitment consultancy and IT outsourcer Harvey Nash interviewed 350 businesses employing a significant number of IT contractors. It also found that 83 per cent said IR35 will negatively affect their industry. From 6 April 2020, it will…

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Weird flex but OK… Motorola’s comeback is a $1,500 Razr flip-phone with folding 6.2″ screen

Video At a pseudo-rave slash launch party in Los Angeles on Wednesday night, Motorola revealed the 2019 Razr, an update on a flip phone that wowed people 15 years ago. Today, perhaps… not so much. Back in the old days, the Razr was the consummate flip phone – a well-engineered piece of kit that took design cues from the StarTAC handset and became a worldwide bestseller. So can Motorola…

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That chill in the air isn’t just autumn, it’s Cisco’s cooling finances: CEO warns of slipping sales

Cisco is the latest tech biz to warn of a looming slowdown in spending as the network giant on Wednesday gave worse-than-expected guidance for the coming financial quarter. For the first quarter of fiscal 2020 , ended October 26, Switchzilla performed as follows: Revenues of $13.2bn were up one per cent on the year-ago quarter. If you ignore the year-ago contribution from Service Provider Video Software Solutions (SPVSS), the…

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Boeing comes clean on parachute borkage as the ISS crew is set to shrink

Roundup While astronomers winced and Musk’s rocketeers cheered the deployment of another 60 Starlink satellites into Earth orbit, there was plenty of other action in the rocket-bothering world. Following the pad abort test of the CST-100 Starliner capsule, which both Boeing and NASA insist was a success, the aviation giant has revealed the cause of the failed parachute deployment. In a statement, the company pointed to “a lack of…

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Gas-guzzling Americans continue to shun electric vehicles as sales fail to bother US car market

While hipster urbanites favour ride hailing and shared scooters Black stallion monster truck jumps cars at the Goshen Fair in Goshen Connecticut, Litchfield County. Pic: Shutterstock Sales of greener cars remain proportionately minuscule in the US – even Elon Musk’s shiny Tesla brand is failing to get more gas-loving Americans to ditch their petrol monsters in favour of something electric-based. According to analyst estimates, 4.2 million passenger cars were…

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Next year’s Windows 10 comes bounding into the Slow Ring, which means 19H2 waits in the wings

On the eve of Patch Tuesday, Microsoft began shifting Slow Ring testers onto 2020’s Windows 10. The move is an indication that the company reckons 19H2, aka the November 2019 Update, is ready to be unleashed on the General Public. It also means that Slow Ring testers will finally be able to get their hands on the Windows Subsystem for Linux (WSL) 2, if Penguin-based shenanigans are their thing….

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‘Sophisticated’ cyber attack on UK Labour Party platforms was probably just a DDoS, says official

‘Really very everyday’ – report Labour leader Jeremy Corbyn The UK’s Labour Party says its campaign site has been the target of “sophisticated and large-scale cyber-attack” and has informed GCHQ’s National Cyber Security Centre. Jeremy Corbyn’s party said the attack took place yesterday, adding that security systems ensured there was no data breach. A spokeswoman said: “We have experienced a sophisticated and large-scale cyber-attack on Labour digital platforms. We…

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150 infosec bods now know who they’re up against thanks to BT Security cc/bcc snafu

BT Security managed to commit the most basic blunder of all after emailing around 150 infosec professionals who attended a jobs fair – using the “cc” field instead of “bcc”. The email, shown to The Register by a non-trivial number of aggrieved recipients, thanked them for attending the Westminster Cyber Expo and popping by the BT Security stand. “As the importance of security and the scale of the threat…

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