Paul Kunert

London, United Kingdom

UK Editor at The Register

UK editor @TheRegister. Turophile. Channel fancier. I'm also here - [email protected]

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Articles

Nvidia boss gets 45% pay bump but is the billionaire happy?

6 days ago | theregister.com | Paul Kunert

The gods of executive pay smiled on Nvidia's chief executive in the last full financial year, awarding him a 45 percent bump in total compensation. Jenson Huang, the co-founder, president and CEO of the GPU kingpin, was given a pat on the back - in the financial sense - to the tune of $49,866,251 in Nvidia's fiscal 2025 ending January 26.
IBM pledges allegiance in form of $150B in US ops, R&D

2 weeks ago | theregister.com | Paul Kunert

Comment IBM – a company understood to employ at least one-third of its global workforce in India and Bangladesh – is pledging to spend $150 billion over the next half decade on making America great again. That's right folks, the tech giant also known as Big Blue – a phrase that might also encapsulate the feelings of, say, a laid off American IBM employee - has clambered onto US President Donald Trump's bandwagon, following years of hard work by executives to move jobs to lower cost locations.
Musk's X revenues crashed in the UK in 2023

2 weeks ago | theregister.com | Paul Kunert

In the months following Tesla CEO and Elon Musk's takeover of Twitter, now rebranded to X, business collapsed in the UK, according to recently filed profit and loss accounts for the year ended December 31 2023. The document lodged with Companies House, the repository where commercial entities in the country are required to report local finances, shows revenues plunged year-on-year by two-thirds to £69.1 million ($92 million).
Google admits depreciation costs soaring amid bit barn build

2 weeks ago | theregister.com | Paul Kunert

Google says the mega capital splurge on datacenters in recent years is putting more strain on its balance sheet due to rising depreciation costs, yet it still plans to splash $75 billion on bit barns in 2025. The ad search-cum-cloud titan spent $17.2 billion on "technical infrastructure" in calendar Q1 [PDF], said CFO Anat Ashkenazi on a conference call to discuss the results.
Google and AWS: Linux too hard, so customers move to Azure

3 weeks ago | theregister.com | Paul Kunert

When moving to the cloud, companies with significant investments in Microsoft infrastructure wares simply can't afford to rewrite everything for Linux, so they end up migrating to Azure to dodge the markups Redmond charges for running its server software in competitors' clouds. Or so say both Amazon and Google in their latest submissions to the Competition and Markets Authority’s investigation into the health of the UK cloud market.
Law biz appeals £60K ICO fine over 32 GB digital burglary

4 weeks ago | theregister.com | Paul Kunert

A law firm is appealing against a £60,000 fine from the UK's data watchdog after 32 GB of personal information was stolen from its systems. DPP Law Ltd, based in Merseyside, North West England, was attacked in June 2022. The Information Commissioner's Office (ICO) says a third-party consultancy determined that the criminal used brute-force tactics to gain entry to an infrequently used administrator's account that lacked multi-factor authentication.
AWS: Customers would flee Azure if licensing costs were fair

4 weeks ago | theregister.com | Paul Kunert

AWS estimates that half of the workloads Microsoft enterprise customers run on Azure would migrate to its own datacenters if only the licensing costs of doing so were not prohibitively high and a competitive deterrent. This claim is made in the latest submission by AWS to the UK's Competition and Markets Authority's (CMA) Cloud Services Market Investigation.
What goes up must come down? AI datacenter spending inflates

1 month ago | theregister.com | Paul Kunert

Interview Those who ignore history are destined to repeat mistakes of the past and, with signs of an inflating bit barn spending bubble, comparisons are being made with the infamous dotcom bust a quarter of a century ago. Rather more recently, Synergy Research Group said in January that mergers and acquisitions of datacenter businesses throughout 2024 swelled to record highs of $73 billion, and yet more investors are lining up for a piece of the action.
Bezos cost Amazon more than Jassy in 2024 compensation

1 month ago | theregister.com | Paul Kunert

Amazon exec chairman Jeff Bezos may not have a daily operational role at the cloud and e-commerce megacorp he founded, but he still got a bigger compensation package than the person currently pulling the strings from the chief executive's office.
Southern Water gives Capita £92M to handle customer quibbles

1 month ago | theregister.com | Paul Kunert

Scandal struck UK utility company Southern Water is extending a long-running managed services contract with Capita, everyone's favorite outsourcing badass, for up to five years at an estimated cost of £92.4 million ($121 million). The renewal kicks off in from July next year and comprises £56.3 million ($74 million) for an initial three years of the agreement and then £36.1 million ($47 million) for an optional two more years. The contract was already extended in 2019.