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Domain: chicagobreakingbusiness.com

Stories and comments across the archive that link to chicagobreakingbusiness.com.

Stories · 3

  1. Prosecutors Request Closed Courtroom For Goldman HFT Programmer's Trial

    Yro · Court · · posted by timothy · from the sealed-in-carbonite dept. · 250 comments
    dave562 writes "Goldman Sachs' lawyers have asked the Federal judge to seal the court room during the trial of Sergey Aleynikov. Aleynikov was one of the programmers who developed Goldman's High Frequency Trading (HFT) programs. What does this say about the state of the financial industry? Given the problems HFT seems to have caused over the last few years, shouldn't more light be shined into the dark corners of how it works?"

  2. FAA Reports Heat In Cargo Holds Can Ignite Laptop Batteries

    Hardware · Power · · posted by timothy · from the so-heat-ignites-things dept. · 103 comments
    SpuriousLogic writes "US aviation officials are warning air carriers that new research shows lithium batteries are sensitive to heat and can ignite in-flight if transported in cargo compartments that get too hot. The Federal Aviation Administration also acknowledged publicly for the first time Friday that a United Parcel Service 747-400 plane that crashed in Dubai last month killing both pilots was carrying a large quantity of lithium batteries. Since the early 1990s, there have been dozens of incidents of batteries igniting in flight. But it has not been known what triggered many of the fires. FAA now says recent research has identified heat as the trigger and is offering air carriers advice on how to reduce the risk of fire."

  3. Facebook Says It Owns 'Book'

    Yro · Court · · posted by samzenpus · from the first-book dept. · 483 comments
    An anonymous reader writes "The Chicago Tribune is reporting that Facebook has sued a tiny start-up called Teachbook.com over the use of 'book' in its name. The start-up, which has two employees, aims to provide tools for teachers to manage their classrooms and share lesson plans and other resources. 'Effectively they're bombing a mosquito here, and we're not sure why they want to do that,' Teachbook.com co-director Greg Shrader told the Tribune. Facebook said its use of 'book' in its name is 'highly distinctive in the context of online communities and networking websites.' Facebook apparently is alleging that no other online 'network of people' can use the word 'book' in its name without violating its trademark."