Slashdot Mirror

HughPickens.com writes: There is more than one way to get a student loan in China as People's Daily Online reports that many Chinese university students use their nude pictures as IOUs on online lending platforms, putting themselves at the risks of having everybody -- including their parents -- see them naked. Borrowers are also required to upload pictures of their ID cards and report their family information, including their address and cellphone numbers. "The nude photos will be made public if the borrowers fail to repay their debts with interest," an insider was quoted as saying. The credit varies based on the borrower's education background. Usually an undergraduate student can receive 15,000 yuan ($2,277) in credit, while those studying at famous universities as well as doctorate students can receive even larger loans. Snapshots of threatening collection messages have also gone viral, with a photo of a female borrower and a message reading how the lender would send the photo and her naked video footage to her family members if she could not pay back her 10,000 yuan borrowed on an annual interest rate of 24 percent within a week. "Naked IOUs started long ago. Not only university students but many others also borrowed money with nude pictures," says insider surnamed Zhang. Zuo Shenggao from Jingshi Law Firm says that nude photos are actually invalid as collateral in terms of laws. "Nude photos are not property. It is in the category of reputation rights," says Shenggao. "If anyone threatens to publish the photos online, they will violate the clients' reputation. At the same time, they are also spreading pornographic material. Both are illegal and they will commit double offense,"

NewsCloud alerts us to a story a few months old that has been getting a lot of play recently. A Seattle blogger, Dan Twohig, was browsing in Microsoft's Virtual Earth when he accidentally came across a photo of a nuclear sub in dry-dock. Its propeller is clearly visible — this was a major no-no on the part of someone at the Bangor Sub Base. The designs of such stealth propellers have been secret for decades. Twohig blogged about the find and linked to the Virtual Earth photo on July 2. The debate about security vs. Net-accessible aerial photography has been building ever since. The story was picked up on military.china.com on Aug. 17 — poetic justice for the Chinese sub photo that had embarrassed them a month before. On Aug. 20 the Navy Times published the article that most mainstream media have picked up in their more recent coverage. Twohig's blog is the best source to follow the ongoing debate. No one has asked Microsoft, Google, or anyone else to blur the photo in question. Kind of late now.