Slashdot Mirror

An anonymous reader writes "After six months of financial blockade by Visa and MasterCard, during which they claim to have lost over $15,000,000 in donations, WikiLeaks and Datacell are filing a complaint against the two financial giants, with plans to litigate should the block not be lifted. WikiLeaks stated, 'On June 9th the law firms Bender von Haller Dragested in Denmark and Reykjavik Law Firm in Iceland acting on behalf of DataCell and WikiLeaks told the companies that if the blockade is not removed they will be litigated in Denmark and a request for prosecution will be filed with the EU Commission.'"

An anonymous reader writes "An editorial at Forbes calls for the dismantling of the TSA, pointing to recent headlines as the latest examples of 'security theater' at its worst. From the article: 'The problem isn't that the TSA is harassing the wrong people. The problem is that the TSA is harassing anyone. The TSA is encroaching on fundamental liberties and providing no discernable benefit. ... Naturally, the TSA responds to incidents like these by saying that the agents are highly trained and that they have followed proper procedure. This indicates a signal failing for the agency: if "doing it by the book" involves touching people in ways that would be considered sexual assault in virtually any other context or telling a 90-year old breast cancer survivor to remove her bra lest it contain explosives (as happened to a friend's grandmother), then the book needs to be shredded and rewritten. Better yet, it needs to be replaced with a competitive market for air travel in which the airports, the airways, and the airliners are in private hands. Some might object that private firms will have incentives to cut corners on safety. It is a legitimate concern, but competitive mechanisms tend to weed this out.'"

nonprofiteer writes "Soon bars will be using facial recognition technology to tell you who's there and their gender breakdown. A start-up called SceneTap is rolling out a new service next month for bars and the patrons who love them: facial detection cameras that will keep track of the number of people in a bar, including a running tally of ladies and gents. Smartphone users will be able to download a free app to 'tap the bar scene' before deciding where to go."

An anonymous reader writes with this excerpt from Forbes: "Nintendo started the mainstream push into glasses free (autostereoscopic) 3D gaming with its Nintendo 3DS system earlier this year. While sales were decent for the device, the price point, hardcore focus and lack of killer app games have failed to replicate the mainstream success of Nintendo DSi. But a strong E3 with top-tier 3D games ... should help attract a broader audience to the device, especially once Nintendo offers a price cut. While some have called 3D phones gimmicky, these devices are already commonplace in Asia. And with an influx of new 3D phones entering the market this year, coupled with the Nintendo 3DS, Jim Cameron recently [said] he sees these glasses-free devices as being key for the adoption of 3D TVs in the homes. He said autostereoscopic 3D games will be the entry level for most people to 3D. While the technology for big screen glasses free 3D is still further away, small devices like 3D phones and Nintendo 3DS will show off the technology."

DrEldarion writes "Via Forbes: 'The State of Nevada just passed Assembly Bill No. 511 which, among other things, authorizes the Department of Transportation to develop rules and regulations governing the use of driverless cars, such as Google's concept car, on its roads.' Pretty soon, cars will be able to dump their own dead bodies into the Nevada desert."

nonprofiteer writes "The FTC has dropped its investigation of a new company that runs social media background checks and ongoing Internet/social media monitoring of employees, determining its compliant with the Fair Credit Reporting Act. So make sure your gun photos are private and that you're not part of any 'Legalize marijuana' Facebook groups."

RayTomes writes "The Obama administration has provided a loan guarantee of $737 million to construct the first large-scale solar power plant that stores energy and provides electricity 24 hours a day, 7 days a week." This solar power project, a heliostat rather than a photovoltaic system, with a molten salt system to store power as heat for times when the sun isn't shining, will be constructed in Nevada and, says the article, is expected to create "600 construction jobs and 45 permanent positions."

The Installer writes with news of yesterday's stock offering from LinkedIn, which shocked investors by closing at more than double the initial price. "Buyers crowded the floor of the New York Stock Exchange, and financial news networks flashed LinkedIn's stock price urgently all day. By the closing bell, the company had a market value of $9 billion, the highest for any Internet company since Google had its initial public offering seven years ago. Millionaires and even one billionaire were made, at least on paper. The stock, issued at $45, went as high as $122.70 just before noon and closed at $94.25 on a trading volume of 30 million shares." That price values the company at over 30 times its 2010 revenue, leading to speculation that this is either evidence of the second dotcom bubble (a possibility we discussed in February) or a "watershed moment for social media." Many experts are questioning the value of LinkedIn, while others are claiming intentional market manipulation.

theodp writes "The Hill reports that the Obama administration has floated a transportation authorization bill that would require the study and implementation of a plan to tax automobile drivers based on how many miles they drive. The plan is a part of the administration's 'Transportation Opportunities Act,' and calls for spending $200 million to implement a new Surface Transportation Revenue Alternatives Office tasked with creating a 'study framework that defines the functionality of a mileage-based user fee system and other systems.' The office would be required to consider four factors — the capability of states to enforce payment, the reliability of technology, administrative costs, and 'user acceptance' — in field trials slated to begin within four years at unspecified sites. Forbes suggests the so-called vehicle miles traveled (VMT) tax should be called the Rube Goldberg Gas Tax, because while its objective is the same as the gas tax, the way it collects revenue is extremely complex, costly and cumbersome." The disclaimers are thick on the ground, though; note, this is an "early draft," not pending legislation.

jfruhlinger writes "As smartphones with GPS capabilities wear away at the dedicated GPS market, vendors like Tom Tom need to find new revenue streams. Tom Tom decided it would be a good idea to 'share' (i.e., sell) aggregated data from their users to Dutch law enforcement. The company claims they assumed that the data would be used to improve traffic safety and road engineering, and were shocked, shocked to discover that instead the police used it to figure out the best places to put speed traps."

nonprofiteer writes "After all the location tracking drama, Verizon tells Congress that 'it's going to start slapping a surgeon-general-type warning on the phones it sells: Using this device could be hazardous to your location privacy, and may result in your being tracked!' The actual warning (PDF) is a little drier — illustration with story."

With two and a half wars and a government showdown in the news, its good to see that Forbes is tackling the important issues, like which fictional character has the most imaginary wealth? Scrooge McDuck tops the list followed closely by sparkly vampire Carlisle Cullen. "Net worth estimates are based on an analysis of the fictional character's source material, and where possible, valued against known real-world commodity and share price movements," Forbes said. One wonders how many episodes of Duck Tales an economist has to watch to accurately estimate the contents of the money bin.

mayberry42 writes "A French judge filed preliminary manslaughter charges Thursday against Airbus over the 2009 crash of an Air France jet — opening a rare criminal investigation against a corporate powerhouse. The order from Judge Sylvie Zimmerman targeting the European planemaker centers on the June 2009 crash into the Atlantic of an Airbus A330 bound for Paris from Rio de Janeiro, killing all 228 people on board."

walterbyrd writes "Microsoft is among the world's most ethical companies, according to a list put together by the Ethisphere Institute in New York. Overall, 110 companies made the prestigious list, including Microsoft and 35 other newcomers. The complete list was reported by Forbes."

AndrewGOO9 writes "It should come with little surprise that Gabe Newell is well on his way to being one of the wealthiest men in gaming. In an age when console gamers would have many believe that the PC was on its way out the door, Newell and Valve's Steam stand as sentinels of the platform, offering a ridiculous amount of content to the 30 million users. With the lion's share of the downloadable market on the PC, it's no wonder that Steam has become the go-to for many and an incredible financial opportunity for Newell and Valve. According to Forbes, 'Newell says that, per employee, Valve is more profitable than Google and Apple. A potential buyer was rumored to have made an acquisition offer a few years back for the Steam piece only, but Newell supposedly refused to split the online storefront from Valve's game-publishing arm.'"

An anonymous reader writes "Last night, a member of hacker group Anonymous announced on Twitter that the group was in possession of the Stuxnet worm. Recently, Anonymous has been in the news for its high profile attacks on software security firm HBGary, after Aaron Barr, the CEO of HBGary's sister firm HBGary Federal, claimed to have acquired the names of senior Anonymous members and threatened to release them to the public. This is where the possibility for Anonymous getting its hands on Stuxnet increases."

An anonymous reader writes "As the technology used to fuel democracy protests in Egypt continues to evolve, Whisper Systems, the company founded by well-known security researcher Moxie Marlinspike, just released encrypted calling and text messaging applications into Egypt to help keep protesters safe from surveillance."

AHuxley writes "Cnet.com reports that Apple has tapped security expert and author David Rice to be its director of global security. Rice is a 1994 graduate of the US Naval Academy and has a master's degree in Information Warfare and Systems Engineering from the Naval Postgraduate School. He served as a Global Network Vulnerability analyst (Forbes used cryptographer) for the National Security Agency and as a Special Duty Cryptologic officer for the Navy. He is executive director of the Monterey Group, a cybersecurity consulting firm. He's also on the faculty of IANS, an information security research company and works with the US Cyber Consequences Unit. In a 2008 interview with Forbes, 'A Tax On Buggy Software,' Rice talks of a 'tax on software based on the number and severity of its security bugs. Even if that means passing those costs to consumers. ... Back in the '70s, the US had a huge problem with sulfur dioxide emissions. Now we tax those emissions, and coal power plants have responded by using better filters. Software vulnerabilities, like pollution, are inevitable — producing perfect software is impossible. So instead of saying all software must be secure, we tax insecurity and allow the market to determine the price it's willing to pay for vulnerability in software. Those who are the worst "emitters" of vulnerabilities end up paying the most, and it creates an economic incentive to manufacture more secure software.'"

jaywhybee writes "Forbes has an interesting article about America losing its edge in innovation because engineers and scientists in the US are not as respected as they are in other countries, and thus fewer youths aspire to become one. Quoting: 'I’ve visited more than 100 countries in the past several years, meeting people from all walks of life, from impoverished children in India to heads of state. Almost every adult I’ve talked with in these countries shares a belief that the path to success is paved with science and engineering. In fact, scientists and engineers are celebrities in most countries. They’re not seen as geeks or misfits, as they too often are in the US, but rather as society’s leaders and innovators. In China, eight of the top nine political posts are held by engineers. In the US, almost no engineers or scientists are engaged in high-level politics, and there is a virtual absence of engineers in our public policy debates.'"

eldavojohn writes "Over a hundred years after the death of its author, The Adventures of Huckleberry Finn will be released in a censored format, removing two derogatory racial slurs: 'injun' and 'nigger.' The latter appears some 219 times in the original novel but both will be replaced by the word 'slave.' An Alabama publisher named NewSouth Books will be editing and censoring the book so that schools and parents might provide their children the ability to study the classic without fear of properly addressing the torturous history of racism and slavery in The United States of America. The Forbes Blog speculates that e-readers could provide us this service automatically. Salon admirably provides point versus counterpoint while the internet at large is in an uproar over this seemingly large acceptance of censorship as necessary even on books a hundred years old. The legendary Samuel Langhorne Clemens himself once wrote, 'the difference between the almost right word and the right word is really a large matter,' and now his own writing shall test the truth in that today."

theodp writes "Writing for Forbes, CS-grad-turned-big-time-VC Ben Horowitz gives three examples of how the smartest people in a company can also be the worst employees: 1. The Heretic, who convincingly builds a case that the company is hopeless and run by a bunch of morons; 2. The Flake, who is brilliant but totally unreliable; 3. The Jerk, who is so belligerent in his communication style that people just stop talking when he is in the room. So, can an employee who fits one of these poisonous descriptions, but nonetheless can make a massive positive contribution to a company, ever be tolerated? Quoting John Madden's take on Terrell Owens, Horowitz gives a cautious yes: 'If you hold the bus for everyone on the team, then you'll be so late that you'll miss the game, so you can't do that. The bus must leave on time. However, sometimes you'll have a player that's so good that you hold the bus for him, but only him.' Ever work with a person who's so good that he/she gets his/her own set of rules? Ever been that person yourself?"

nonprofiteer writes "Mark Jensen's home computer revealed Internet searches for botulism, poisoning, pipe bombs and mercury fulminate. A website was visited that explained how to reverse the polarity of a swimming pool — the Jensens had a pool — by switching the wires around, likening the result to the 4th of July. The State pointed out the absence of Internet searches on topics like separation, divorce, child custody or marital property. Julie Jensen died as a result of ethylene glycol in her system, an ingredient found in antifreeze. On the morning of her death, someone attempted to 'double-delete' (apparently unsuccessfully) the computer's browsing history, which included a search for 'ethylene glycol poisoning.'" What if searches for devious, undetectable methods of murder were in everyone's history?

Spy Handler writes "In 2008, billionaire T. Boone Pickens unveiled his 'Pickens Plan' on national TV, which calls for America to end its dependence on foreign oil by increasing use of wind power and natural gas. Over the next two years, he spent $80 million on TV commercials and $2 billion on General Electric wind turbines. Unfortunately market forces were not favorable to Mr. Pickens, and in December 2010 he announced that he is getting out of the wind power business. What does he plan to do with his $2 billion worth of idle wind turbines? He is trying to sell them to Canada, because of Canadian law that mandates consumers to buy more renewable electricity regardless of cost."

Lingenfelter writes "I recently wrote a white paper entitled 'Dragons, Tigers, Pearls, and Yellowcake' in which I proposed four alternative scenarios for the Stuxnet worm other than the commonly held assumption that it was Israel or the US targeting Iran's Bushehr or Natanz facilities."

Max Hyre writes "In a 4-4 decision, the US Supreme court let stand the Ninth Circuit's decision that the First-Sale Doctrine (which says once you buy something, the maker gets no say in what you do with it) only applies to goods made in the US. That Omega watch you bought in Switzerland last year? It's yours now—forever. You can't sell it without Omega's permission."

An anonymous reader writes "Kashmir Hill at Forbes documents a recent study by UCSD researchers showing that 'history sniffing' is being actively used by mainstream ad networks like Interclick as well as popular porn sites like YouPorn in order to track what other sites you visit. The vulnerability has been known for almost a decade, but this paper documents hundreds of commercial sites exploiting it today (PDF)."

Atmanman writes "When WikiLeaks announced it was releasing 251,287 US diplomatic cables, we all thought we knew what was meant by its earlier ominous words that, 'The coming months will see a new world, where global history is redefined.' It now appears the organization is sitting on a treasure trove of information so big that it has stopped taking submissions. Among data to be released are tens of thousands of documents from a major US banking firm and material from pharmaceutical companies, finance firms and energy companies."

theodp writes "Q. How many Facebook engineers does it take in 2010 to duplicate a lone Apple engineer's 2003 effort? A. 15! On Nov. 15th, Facebook CEO Mark Zuckerberg introduced Facebook Messages, which uses whatever method of communication is appropriate at the time — e.g., email, IM, SMS. A day later, ex-Apple software engineer Jens Alfke was granted a patent for his 2003 invention of a Method and apparatus for processing electronic messages, which — you guessed it — employs the most appropriate messaging method — e.g., email, IM, SMS — for the job. Citing Apple's lack of passion for social software, Alfke left Apple in 2008. After a layover at Google, Alfke landed at startup Rockmelt, whose still-in-beta 'social web browser' also sports a pretty nifty communications platform."

theodp writes "Washington's proposed state income tax not only prompted Microsoft CEO Steve Ballmer to spend $425,000 of his own money to help crush the measure at the polls, it also inspired Microsoft to launch a FUD campaign aimed at torpedoing the initiative. 'As an employer, we're concerned that I-1098 will make it harder to attract talent and create additional jobs in Washington state,' explained Microsoft general counsel Brad Smith. 'We strongly support public education, but we're concerned by key details in I-1098. This initiative would give Washington one of the top five highest state income tax rates in the country. I-1098 would apply this tax rate to all income, including capital gains and dividends, and would not permit any deductions for charitable contributions.' Nice to see a company take a principled stand, backed by a CEO who's not afraid to put his money where his company's mouth is, right? Well, maybe not. Just three days after the measure went down in flames, Ballmer said in a statement that he plans to sell up to 75 million of his Microsoft shares by the end of the year to 'gain financial diversification and to assist in tax planning.' Based on Friday's closing price of $26.85, the 75M shares would be valued at approximately $2 billion. All of which might make a cynic question what was really important to Microsoft — public education, or a $2B state income tax-free payday for its CEO?"

nacturation writes "The Electronic Privacy Information Center filed a petition for review and motion for an emergency stay, urging the District of Columbia Court of Appeals to suspend the Transportation Security Administration's full body scanner program. EPIC said that the program is 'unlawful, invasive, and ineffective' (PDF). EPIC argued that the federal agency has violated the Administrative Procedures Act, the Privacy Act, the Religious Freedom Restoration Act, and the Fourth Amendment. EPIC cited the invasive nature of the devices, the TSA's disregard of public opinion, and the impact on religious freedom."

nonprofiteer writes "Mattel's holiday creation is Video Girl Barbie, which comes with a hidden camera installed in Barbie's torso. The lens is disguised as a necklace. The Barbie can hold up to 30 minutes of video, and then can be hooked up to a computer for uploading. Experts are worried about pedophiles taking advantage of posted Barbie footage. I'm worried about the havoc that little girls with hidden cameras are going to wreak."

Aldenissin writes "Dustin Moskovitz confirmed that he has recently given (an additional) $50,000 in support of Proposition 19, which is seeking to legalize marijuana in California this November. He had previously donated $20,000 to supporters of the act, which would allow people 21 years old or older to possess, cultivate or transport cannabis for personal use and would permit local governments to regulate and tax commercial production and sale of the substance. Asked for a comment as to why he's backing the legalization of marijuana, Moskovitz just sent this statement: 'More than any other initiative out there, Prop 19 will stabilize our national security and bolster our state economy. It will alleviate unnecessary overcrowding of non-violent offenders in our state jails, which in turn will help California residents.' An irony here is that about a month ago, Facebook refused to take FireDogLake's 'Just Say Now' pro-cannabis law reform ads."

Aldenissin writes "Dustin Moskovitz confirmed that he has recently given (an additional) $50,000 in support of Proposition 19, which is seeking to legalize marijuana in California this November. He had previously donated $20,000 to supporters of the act, which would allow people 21 years old or older to possess, cultivate or transport cannabis for personal use and would permit local governments to regulate and tax commercial production and sale of the substance. Asked for a comment as to why he's backing the legalization of marijuana, Moskovitz just sent this statement: 'More than any other initiative out there, Prop 19 will stabilize our national security and bolster our state economy. It will alleviate unnecessary overcrowding of non-violent offenders in our state jails, which in turn will help California residents.' An irony here is that about a month ago, Facebook refused to take FireDogLake's 'Just Say Now' pro-cannabis law reform ads."

An anonymous reader writes "Forbes reports that The Internet Society announced this week the availability of the Identity Management Policy Audit System, a suite of tools designed to give Internet users a clearer understanding of the online usage policies of the websites they visit. Born out of a collaboration between The Internet Society, the University of Colorado, the Electronic Frontier Foundation, and the Center for Democracy and Technology, the system consists of a free, open-source Firefox plug-in that checks a library of scraped terms of service and privacy policies from several popular websites. If a site changes the fine print of one of its policies, the plug-in notifies the user when they visit the website next. According to Forbes, 'that functionality would help users spot controversial switcheroos in sites' legalese, such as Facebook's change last year that suddenly gave the site the right to use your photos and other content.'"

An anonymous reader writes "GoogleSharing, the popular Google anonymizing service created by well known privacy advocate and security researcher Moxie Marlinspike, has released a major new version today. The biggest change is leveraging Google's SSL search option to provide an anonymizing service which doesn't require you to trust either Google or GoogleSharing. This means that anyone who wishes to opt out of Google's data collection practices can now do so without having to trust the operator of the anonymizing service."

theodp writes "Over at TechCrunch, Vivek Wadhwa offers some don't-be-a-fool-stay-in-school advice to students that sounds a bit like an old-school Mr. T PSA. TechCrunch CEO Michael Arrington's questioning of whether students need to get any degree or go to college at all may sound appealing — dropouts Mark Zuckerberg and Bill Gates did do alright for themselves — but Wadhwa gives some good reasons why you should probably take the school-is-for-chumps argument with a grain of salt. 'The harsh reality,' warns Wadhwa, is that for every Zuckerberg, there are a thousand who drop out of college and fail,' and many big companies won't even consider hiring you for that fallback job without a degree. And, believe it or not, you can still become a tech billionaire later in life even if you're cursed with a PhD." Tech entrepreneur Michael Robertson approaches this question slightly differently; here's an analysis he made a few years ago, with the conclusion that the college investment pays off only about half the time.

theodp writes "Over at TechCrunch, Vivek Wadhwa offers some don't-be-a-fool-stay-in-school advice to students that sounds a bit like an old-school Mr. T PSA. TechCrunch CEO Michael Arrington's questioning of whether students need to get any degree or go to college at all may sound appealing — dropouts Mark Zuckerberg and Bill Gates did do alright for themselves — but Wadhwa gives some good reasons why you should probably take the school-is-for-chumps argument with a grain of salt. 'The harsh reality,' warns Wadhwa, is that for every Zuckerberg, there are a thousand who drop out of college and fail,' and many big companies won't even consider hiring you for that fallback job without a degree. And, believe it or not, you can still become a tech billionaire later in life even if you're cursed with a PhD." Tech entrepreneur Michael Robertson approaches this question slightly differently; here's an analysis he made a few years ago, with the conclusion that the college investment pays off only about half the time.

theodp writes "Over at TechCrunch, Vivek Wadhwa offers some don't-be-a-fool-stay-in-school advice to students that sounds a bit like an old-school Mr. T PSA. TechCrunch CEO Michael Arrington's questioning of whether students need to get any degree or go to college at all may sound appealing — dropouts Mark Zuckerberg and Bill Gates did do alright for themselves — but Wadhwa gives some good reasons why you should probably take the school-is-for-chumps argument with a grain of salt. 'The harsh reality,' warns Wadhwa, is that for every Zuckerberg, there are a thousand who drop out of college and fail,' and many big companies won't even consider hiring you for that fallback job without a degree. And, believe it or not, you can still become a tech billionaire later in life even if you're cursed with a PhD." Tech entrepreneur Michael Robertson approaches this question slightly differently; here's an analysis he made a few years ago, with the conclusion that the college investment pays off only about half the time.

pickens writes "Forbes reports that the same technology used at airport check points, capable of seeing through clothes and walls, has also been rolling out on US streets where law enforcement agencies have deployed the vans to search for vehicle-based bombs. 'It's no surprise that governments and vendors are very enthusiastic about [the vans],' says Marc Rotenberg, executive director of the Electronic Privacy Information Center. 'But from a privacy perspective, it's one of the most intrusive technologies conceivable.' Rotenberg adds that the scans, like those in the airport, potentially violate the fourth amendment. 'Without a warrant, the government doesn't have a right to peer beneath your clothes without probable cause,' Rotenberg says. 'If the scans can only be used in exceptional cases in airports, the idea that they can be used routinely on city streets is a very hard argument to make.'"

An anonymous reader writes "Programmers who design and code algorithms for investment banking are unhappy with their salaries. Many of them receive a low 6-figure salary whereas their bosses — who manipulate these algorithms and execute the trades — often earn millions. One such anonymous programmer points out that he was paid $150,000 per year, whereas the software he wrote was generating $100,000 per day."

An anonymous reader writes with this excerpt from Forbes: "Electronic Arts, one of the world's largest games publishers, on Monday partnered with microtransactions platform Live Gamer to bolster its online game efforts. ... THQ also announced a partnership with Live Gamer last week to facilitate microtransactions of its online PC and mobile games in North America. ... Worldwide sales of virtual items are expected to reach $7 billion by 2015, according to online games research firm DFC Intelligence. Fast-growing social games companies like Zynga, the maker of FarmVille, are leading the charge. The company is estimated to be pulling in around $600 million in revenue annually, largely from the sale of virtual goods. Americans are also growing comfortable with the microtransactions model. Game companies point to the music industry, where consumers buy 99-cent digital tracks instead of full albums on CDs."

An anonymous reader writes "Since Wired's Jeff Howe coined the term in 2006, 'crowdsourcing' has been a buzzword in the tech industry, and a business model on the rise. 99designs.com is a site that hosts design contests for small businesses requiring relatively smaller design projects. Anyone can submit their near finished pieces of work to the contests, but only one winner gets paid. Forbes covers just why established graphic designers are so angry at this business model's catching on."

Julie188 writes "Craig Heffner, a researcher with Maryland-based security consultancy Seismic, plans to release a software tool at the Black Hat conference later this month that he says could be used on about half the existing models of home routers, including most Linksys, Dell, and Verizon FiOS or DSL versions. The tool apparently exploits the routers through DNS rebinding. While this technique has been discussed for 15 years or more, Heffner says, 'It just hasn't been put together like this before.'" Notebooks.com has a list of routers tested and some advice on securing vulnerable routers.

An anonymous reader writes "Forbes is reporting that Moxie Marlinspike and Stuart Anderson's startup, Whisper Systems, has released a public beta of two Android applications that provide encrypted call and SMS capabilities for your Android phone. In the wake of recent GSM attacks, it'll be interesting to see if smartphones end up providing a platform that fundamentally changes the security we can expect from mobile communication."

dominique_cimafranca writes "Forbes columnist Dan Woods describes a change in the way some companies handle meetings. Owing to instant messaging and younger tech-savvy CEOs, meeting time has gone down from as much as 30 hours per week to as little as 2 hours per week. Woods proposes ways to make this 'meetingless' management effective."

theodp writes "If you've ever wondered how it's possible that you pay more to the IRS than General Electric, Forbes has an explanation. You, my friend, do not have the tax benefit of overseas operations. Microsoft, for example, has its overseas subsidiaries license software to its US parent company in return for handsome royalties that get taxed at lower overseas rates. Exxon limits its tax pain with the help of 20 wholly owned subsidiaries domiciled in the Bahamas, Bermuda, and the Cayman Islands that shelter cash flow from operations in the likes of Angola, Azerbaijan, and Abu Dhabi. As a result, of the $15B it paid in income taxes last year, Exxon paid none of it to Uncle Sam, and has tens of billions in earnings permanently reinvested overseas. Likewise, GE has $84B in overseas income parked indefinitely outside the US. Now quit your carping and get back to filling out that 1040!"

theodp writes "If you've ever wondered how it's possible that you pay more to the IRS than General Electric, Forbes has an explanation. You, my friend, do not have the tax benefit of overseas operations. Microsoft, for example, has its overseas subsidiaries license software to its US parent company in return for handsome royalties that get taxed at lower overseas rates. Exxon limits its tax pain with the help of 20 wholly owned subsidiaries domiciled in the Bahamas, Bermuda, and the Cayman Islands that shelter cash flow from operations in the likes of Angola, Azerbaijan, and Abu Dhabi. As a result, of the $15B it paid in income taxes last year, Exxon paid none of it to Uncle Sam, and has tens of billions in earnings permanently reinvested overseas. Likewise, GE has $84B in overseas income parked indefinitely outside the US. Now quit your carping and get back to filling out that 1040!"

alphadogg writes "Riding surging prices of his various telecom holdings, including giant mobile outfit America Movil, Mexican tycoon Carlos Slim Helu has beaten out Americans Bill Gates and Warren Buffett to become the wealthiest person on earth and nab the top spot on the 2010 Forbes list of the World's Billionaires." I'd still let the guy buy me dinner if he's ever in my town. He's probably still good for it even though he's fallen on hard times.

blackbearnh writes "No doubt, there will be more than a few brain-munching glassy-eyed zombies showing up on the typical doorstep tonight, demanding brains, brains, brains, or at least some Milk Duds. But according to this essay over on Forbes.com, zombies are more than just the trendy monster on the block, they are to Americans what Godzilla is to Japanese: a personification of our fear of science and technology. 'It seems you can't throw a half-eaten cerebrum these days without hitting a posse of zombies brought to life by some kind of biological mishap (28 Days Later, Resident Evil, Planet Terror, Quarantine). Like Godzilla, zombies keep up with the times, always ready to mirror whatever aspect of science and technology people feel most uncertain about at the moment.'"

blackbearnh writes "Until recently, physicians prescribed drugs to patients with dosages based only on weight, and with no idea if the drug would be effective for that particular person. But as this article on Forbes.com highlights, the same advances in genomics that are letting people know about their likelihood of getting certain diseases can also let doctors know what drugs, and what dosages, will be likely to do the most good. 'Tamoxifen, the much-heralded cancer-fighting drug, has been shown to have little benefit for 7% to 10% of patients taking it. In the past, we would have just said that it works 90% of the time. But now, with our new genomic knowledge under our belt, we can say that it works nearly 100% of the time for people with the 'right' version of the CYP2D6 gene, and 0% of the time for people with the 'wrong' version, who make up roughly 7% to 10% of the population.'"