Slashdot Mirror
Domain: forbes.com
Stories and comments across the archive that link to forbes.com.
Stories · 979
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Trouble At OnLive
Lashat writes "News of trouble at cloud gaming provider OnLive is trickling out of various sources. According to Forbes, all employees received their walking papers today. Rumors of a shutdown, buyout, or re-formation as a new company are plentiful, but the company hasn't announced anything yet. The article quotes an email sent to InXile CEO Brain Fargo from an employee within the company: 'I wanted to send a note that by the end of the day today, OnLive as an entity will no longer exist. Unfortunately, my job and everyone else's was included. A new company will be formed and the management of the company will be in contact with you about the current initiatives in place, including the titles that will remain on the service. It has been an absolute pleasure working with you and I'm sure our path with cross again.' OnLive's Director of Corporate Communications told Forbes, 'No, let me be clear. We are not going out of business.'" While the question of whether OnLive-as-an-entity will continue is still up in the air, an internal source confirmed to Gamasutra that OnLive's entire staff has been laid off, and OnLive employees were seen outside headquarters with 'moving boxes.' Kotaku says the company has filed for protection against creditors in California (not bankruptcy, but similar). -
Trouble At OnLive
Lashat writes "News of trouble at cloud gaming provider OnLive is trickling out of various sources. According to Forbes, all employees received their walking papers today. Rumors of a shutdown, buyout, or re-formation as a new company are plentiful, but the company hasn't announced anything yet. The article quotes an email sent to InXile CEO Brain Fargo from an employee within the company: 'I wanted to send a note that by the end of the day today, OnLive as an entity will no longer exist. Unfortunately, my job and everyone else's was included. A new company will be formed and the management of the company will be in contact with you about the current initiatives in place, including the titles that will remain on the service. It has been an absolute pleasure working with you and I'm sure our path with cross again.' OnLive's Director of Corporate Communications told Forbes, 'No, let me be clear. We are not going out of business.'" While the question of whether OnLive-as-an-entity will continue is still up in the air, an internal source confirmed to Gamasutra that OnLive's entire staff has been laid off, and OnLive employees were seen outside headquarters with 'moving boxes.' Kotaku says the company has filed for protection against creditors in California (not bankruptcy, but similar). -
Researchers Find 'Mind-Control' Gaming Headsets Can Leak Users' Secrets
Sparrowvsrevolution writes "At the Usenix security conference in Seattle last week, a group of researchers from the University of California at Berkeley, Oxford University and the University of Geneva presented a study that hints at the darker side of a future where we control computers with our minds rather than a mouse. In a study of 28 subjects wearing brain-machine interface headsets built by companies like Neurosky and Emotiv and marketed to consumers for gaming and attention exercises, the researchers found they were able to extract hints directly from the electrical signals of the test subjects' brains that partially revealed private information like the location of their homes, faces they recognized and even sequences of numbers they recognized. For the moment, the experimental theft of users' private information from brain signals is more science fiction than a real security vulnerability, since it requires tricking the victim into thinking about the target information at a certain time, and still doesn't work reliably. (Though much better than random chance.) But as BMI gets more sophisticated and mainstream, the researchers say their study should serve as a warning about privacy issues around the technology of such interfaces." -
What Happens To Google Employees When They Die?
Hugh Pickens writes "Forbes Magazine reports that employee benefits of Google are among the best in the land—free haircuts, gourmet food, on-site doctors and high-tech "cleansing" toilets are among the most talked-about but the latest perk for Googlers extends into the afterlife. 'This might sound ridiculous,' says Google's Chief People Officer Laszlo Bock, 'But we've announced death benefits at Google.' Should a U.S. Googler pass away while under the employ of the 14-year old search giant, their surviving spouse or domestic partner will receive a check for 50% of their salary every year for the next decade. Even more surprising, a Google spokesperson confirms that there's 'no tenure requirement' for this benefit, meaning most of their 34 thousand Google employees qualify." -
Nokia Feeds a Patent Troll
New submitter glebovitz writes "In case anyone missed the other Nokia news: on the same day they announced the sale of Qt to Digia, they also sold 500 patents to Vringo. Vringo, a video ring tone company, recently merged with patent portfolio company Innovate/Protect which includes Donald Stout, the founder of patent holding company NTP, on its board. Forbes refers to NTP as 'a patent troll which milked Research In Motion for $612.5 million in a patent infringement settlement reached in 2006.' As Eric Savitz writes in the article, 'Vringo decided to basically turn itself into a patent troll.'" -
Poll Finds Americans Think the TSA Is 'Doing a Good Job'
OverTheGeicoE writes "Why is it that airport security never seems to change in the United States? Perhaps it's because most Americans think the TSA is doing a 'good job,' according to a surprise Gallup poll, allegedly commissioned by no one but the kind editors at Gallup. The poll found that 54% of Americans believe the TSA is doing a good or excellent job, and that 57% have a good or excellent opinion of the agency. So why all the criticism? According to the article, criticism of the TSA comes primarily from 'Internet sites, where reporting standards are generally not at the same level as newspapers, where reporters are taught to consider what is told to them with skepticism and to seek responses to charges.' Furthermore, 'the TSA is put into a difficult situation when such charges are posted with little or no fact checking by reporters.' Other sources, of course, have different interpretations of Gallup's results, including questions about whether the poll was biased. If Americans secretly do love the TSA, that could explain why the recent whitehouse.gov petition failed to gather enough signatures for a 'response.' In fact, you'll find so little information about the petition remains on whitehouse.gov that you'll wonder if my link is correct. And these are not the droids you're looking for. Move along." -
Forbes Likens Instagram Purchase To Myspace Deal
theodp writes "It's not that Chunka Mui isn't impressed by the smarts of Instagram CEO and Forbes cover boy Kevin Systrom. Still, Mui can't help but ask, 'How Long Before Facebook Writes Off Its $1B Purchase of Instagram?' While pundits and analysts have almost universally praised Facebook's acquisition of Instagram, Mui is less-than-impressed by Instagram's 80 million unmonetized mobile users. 'My prediction,' writes Mui, 'is that we'll look back on the acquisition as a bust — much in the same way we now view News Corp.'s purchase of Myspace, AOL's purchase of Bebo, and Excite@Home's purchase of Blue Mountain Arts.' Ouch. Mui notes that according to a recent SEC filing, Facebook could ditch the deal by paying a $200 million fee if regulators block the merger or if Facebook terminates the agreement after Dec. 10, 2012." -
Forbes Likens Instagram Purchase To Myspace Deal
theodp writes "It's not that Chunka Mui isn't impressed by the smarts of Instagram CEO and Forbes cover boy Kevin Systrom. Still, Mui can't help but ask, 'How Long Before Facebook Writes Off Its $1B Purchase of Instagram?' While pundits and analysts have almost universally praised Facebook's acquisition of Instagram, Mui is less-than-impressed by Instagram's 80 million unmonetized mobile users. 'My prediction,' writes Mui, 'is that we'll look back on the acquisition as a bust — much in the same way we now view News Corp.'s purchase of Myspace, AOL's purchase of Bebo, and Excite@Home's purchase of Blue Mountain Arts.' Ouch. Mui notes that according to a recent SEC filing, Facebook could ditch the deal by paying a $200 million fee if regulators block the merger or if Facebook terminates the agreement after Dec. 10, 2012." -
Bitcoin-Based Drug Market Silk Road Thriving With $2 Million In Monthly Sales
Sparrowvsrevolution writes "Every day or so of the last six months, Carnegie Mellon computer security professor Nicolas Christin has crawled and scraped Silk Road, the Tor- and Bitcoin-based underground online market for illegal drug sales. Now Christin has released a paper (PDF) on his findings, which show that the site's business is booming: its number of sellers, who offer everything from cocaine to ecstasy, has jumped from around 300 in February to more than 550. Its total sales now add up to around $1.9 million a month. And its operators generate more than $6,000 a day in commissions for themselves, compared with around $2,500 in February. Most surprising, perhaps, is that buyers rate the sellers on the site as relatively trustworthy, despite the fact that no real identities are used. Close to 98% of ratings on the site are positive." -
Apple Support Allowed Hackers Access To User's iCloud Account
Robadob writes "Yesterday a hacker gained access to Mat Honan's (An editor at Gizmodo) Apple iCloud account allowing the attacker to reset his iPhone, iPad, and Macbook. The attacker was also able to gain access to Google and Twitter accounts by sending password recovery emails. At the time this was believed to be down to a brute-force attack, however today it has come out that the hacker used social engineering to convince Apple customer support to allow him to bypass the security questions on the account." -
Algorithmic Trading Glitch Costs Firm $440 Million
alstor writes "Yesterday an update to Knight Capital Group's algorithmic trading software caused massive volume buys and sells, resulting in large price swings on the New York Stock Exchange. As a result, the NYSE canceled some of the trades, but today the loss to Knight has been calculated at $440 million. Ignoring adjustments for inflation, this makes the cost of this glitch almost as much as the $475 million charge Intel took for the Pentium FDIV Bug, which might warrant adding this bug to the list of worst bugs. In light of this loss and the May 6, 2010 Flash Crash, perhaps investors will demand changes from firms using algorithmic trading, since the SEC is apparently too antiquated to do anything about it (PDF)." -
The Cost To 'Promote' a Facebook Post: $200 To $500
nonprofiteer writes "There's been talk in recent months of Facebook's 'promoted posts' option. In beta testing, it cost about $5-10 dollars to get more of your friends/fans to see your posts in news feeds. Now that it's live, it's a bit more expensive, at least for those with big followings. On the Forbes Facebook page, the cost ranges from $200 to $500 to get from 50,000 to 250,000 people to see a given post. Another lame attempt at monetization, or will Facebook users actually pony up?" This is what happens when everyone stops using RSS/Atom for syndication. -
Speed of Sound Is Too Slow For the Olympics
Hugh Pickens "For decades sports-event organizers have placed speakers behind athletes to convey the sound of an actual pistol but they found that even though the noise came through the speakers all at once, athletes continued to wait for the 'real' sound, ignoring the sounds that came through the speakers ever-so-slightly slowing down the farthest athlete from the gun. Now Rebecca Rosen writes that when the Olympic runners take to their positions on the track later this week, they'll crouch on the ground, ears pricked, and wait for the starting beep played by a 'pistol' that's not a pistol at all, but something more akin to an electronic instrument with only one key. The pistol itself is silent." Read on for a bit more about the difficulties of timing people with superhuman reaction times. "A conversation with sprinter Michael Johnson at the Sydney Olympics caused Peter Hürzeler of OMEGA Timing to realize that even with speakers, the speed of sound was still slowing down the farthest athletes. Johnson's reaction time, Hurzeler said, 'was 440 thousandths of a second. Normally athletes leave between 130 and 140 thousandths of a second. ... I asked him, why did you have such a bad starting time?' Turned out, Johnson was in the ninth position, and the sound of the gun was reaching him too slowly.
"In addition after a four year developmental process, a new false start detection system is being introduced this year that will abandon movement in exchange for 'measurement' of pound-force against the back block to determine sprinters reaction times. 'We are measuring the time between the starting gun and when the athlete is moving because to leave the starting block they had to push against and this power is very high' says Hurzeler. 'We did a test last year with Asafa Powell and he was pushing 240 kilograms (529 lbs.) [so] as soon as he gives the time to push against the starting block, it means he will like to leave and we are measuring this in thousandths of seconds and if somebody is leaving before one hundredth thousandth of second, it's automatically a recall, it's a false start.' In track every event is timed to 1/10,000th of a second, and Omega takes 2,000 pictures per second from right before the start of a race to its finish, as backup.
"New touch pads, starting blocks, and timers have also been introduced for swimming." -
Is Phoenix the Next Silicon Valley?
SpicyBrownMustard writes "There's no secret to a rising level of 'Silicon Valley fatigue' lately, and the new reality show certainly isn't helping. And with hacker hostels packing in twenty somethings fueling the 'it's okay to fail' incubator culture that now is actually hurting startups, it's no wonder weariness with the culture is setting in. Forbes.com asks the question: Is Phoenix The Next Silicon Valley? The article covers a startup with a couple names you might know, who picked Phoenix due to its much lower cost of living and different quality of life. The startup's CTO, 'explains that having so much more financial freedom lowers the stress associated with working for a startup, as he can enjoy work/live balance.' Their location certainly didn't hurt fundraising, as they managed $2 million in seed capital. Are we indeed moving on from Silicon Valley for tech startups?" -
Mark Zuckerberg's Big Facebook Mistake
Hugh Pickens writes "Nathan Vardi writes in Forbes that in the last two months, Mark Zuckerberg has had a rude introduction to the capital markets. With Facebook's stock in free-fall, down more than 40% from its IPO price, Zuckerberg has a big problem. 'Zuckerberg did not want to deal with the pressures of being a public company. Like many entrepreneurs these days he viewed the capital markets with suspicion,' writes Vardi. 'So Zuckerberg made a fateful decision, he decided to keep Facebook a privately-held company for much longer than other success stories like Google or Amazon.' But waiting eight years to conduct an IPO has turned out to be an impossible problem to manage. The bankers at Morgan Stanley applied all the lessons of the last 15 years and priced the IPO at $38, which was very aggressive, in an attempt to avoid leaving any money on the table and the embarrassment that a huge IPO pop would represent. With such a big valuation at IPO time, Facebook had to show some results. But the numbers that Facebook announced in its first quarterly earnings report were underwhelming and the trading hordes drove Facebook's stock down by 15% in Friday morning trading. Now the early institutional investors are heading for the exits and it's hard to imagine morale at Facebook won't take a hit that correlates with the loss in value of the shares belonging to the employees. 'The lesson of the Facebook fiasco for Silicon Valley is clear. Start-up entrepreneurs cannot evade the discipline of the capital markets any more than can the prime ministers of Spain and Italy.'" -
How a 3-Year-Old Can Open a Gun Safe
New submitter bupbin writes "We are providing a detailed report and analysis of eleven different popular gun safes produced by Stack-On, GunVault, and Bulldog to warn the public of the dangers inherent in some of these products because the manufacturers nor their major retailers will do so. In that report you can view eight different Stack-On models, one produced by Bulldog, and one manufactured by GunVault. A similar design defect is demonstrated in an inexpensive safe for storing valuables that is sold by AMSEC, a very reputable safe manufacturer in the United States. Unfortunately, their digital safe with their claim of a 'state-of-the-art electronic lock' can also be opened (literally) by a three-year-old because of a common mechanism used in the industry that is subject to circumvention." -
Defcon Researchers Build Tool To Track the Planes of the Rich and Famous
Sparrowvsrevolution writes "At the Defcon security conference later this week, two security researchers will release a tool that aims to expose a little-seen list of hidden private aircraft flight plans–the so-called Block Aircraft Registration Request or BARR list, a collection of aircraft whose owners have tried to keep their whereabouts secret. Any private jet owner can request to be taken out of the FAA's public database of flight plans. But Dustin Hoffman and Semon Rezchikov found that private flyers' whereabouts are still broadcast in air-traffic control communications. So they developed a speech-to-text system that pulls out planes' tail numbers from those communications almost in real time, often fast enough to post a plane's destination before it lands. In its proof-of-concept version, the site is focusing on Las Vegas airports, but plans to expand to other cities soon." -
Ex-Sun Employees Are Taking Java To iOS
An anonymous reader writes "Ex-Sun employees did what Sun/Oracle failed to do since the iPhone launched. They brought Java to iOS and other mobile devices. They are getting major coverage from Forbes, DDJ, hacker news and others. They are taking a unique approach of combining a Swing-like API with a open source and SaaS based solution." -
Open Millions of Hotel Rooms With Arduino
MrSeb writes with an excerpt from Extreme Tech about a presentation at Black Hat: "Bad news: With an Arduino microcontroller and a little bit of programming, it's possible for a hacker to gain instant, untraceable access to millions of key card-protected hotel rooms. This hack was demonstrated by Cody Brocious, a Mozilla software developer, at the Black Hat security conference in Las Vegas. At risk are four million hotel rooms secured by Onity programmable key card locks. According to Brocious, who didn't disclose the hack to Onity before going public, there is no easy fix: There isn't a firmware upgrade — if hotels want to secure their guests, every single lock will have to be changed. I wish I could say that Brocious spent months on this hack, painstakingly reverse-engineering the Onity lock protocol, but the truth — as always, it seems — is far more depressing. 'With how stupidly simple this is, it wouldn't surprise me if a thousand other people have found this same vulnerability and sold it to other governments,' says Brocious. 'An intern at the NSA could find this in five minutes.'" -
US Regaining Manufacturing Might With Robots and 3D Printing
For years, the U.S. has been hemorrhaging manufacturing jobs to China because of the vastly cheaper labor pool. But now, several different technologies have ripened to the point where U.S. companies are bringing some operations back home. 3D printing, robotics, AI, and nanotechnology are all expected to dramatically change the manufacturing landscape over the next several years. From the article: "The factory assembly that the Chinese are performing is child’s play for the next generation of robots—which will soon become cheaper than human labor. Indeed, one of China’s largest manufacturers, Taiwan-based Foxconn Technology Group, announced last August that it plans to install one million robots within three years to do the work that its workers in China presently do. It found Chinese labor to be too expensive and demanding. The world’s most advanced car, the Tesla Roadster, is also being manufactured in Silicon Valley, which is one of the most expensive places in the country. Tesla can afford this because it is using robots to do the assembly. ... 3D printers can already create physical mechanical devices, medical implants, jewelry, and even clothing. The cheapest 3D printers, which print rudimentary objects, currently sell for between $500 and $1000. Soon, we will have printers for this price that can print toys and household goods. By the end of this decade, we will see 3D printers doing the small-scale production of previously labor-intensive crafts and goods. It is entirely conceivable that in the next decade we start 3D-printing buildings and electronics." -
Startup Turns Fixing Your Grandma's PC Into a Game
First time accepted submitter thecrazyivan writes "As companies like Reddit and Foursquare have shown, Internet users enjoy earning points in arbitrary social games. So why not apply that competitive motivation to something useful, like cleaning up the world's PCs? A startup called Jumpshot is raising funds to launch a new, friendlier form of computer security. Jumpshot is still in its infancy, but it seems to have excited plenty of users with its potential: The company launched a Kickstarter project and almost immediately raised nearly three times its funding goal." -
Analyzing Tweets To Identify Psychopaths
nonprofiteer writes "Researchers presenting at Defcon next week have developed a psychopathy prediction model for Twitter. It analyzes linguistic tells to rate users' levels of narcissism, machiavellianism and other similarities to Patrick Bateman. 'The FBI could use this to flag potential wrongdoers, but I think it's much more compelling for psychologists to use to understand large communities of people,' says Chris Sumner of the Online Privacy Foundation. Some of the Twitter clues: Curse words. Angry responses to other people, including swearing and use of the word "hate." Using the word "we." Using periods. Using filler words such as 'blah' and 'I mean' and 'um.' So, um, yeah." -
McDonald's Denies Prof's Claim Staff Attacked Him For Wearing Digital Glasses
Sparrowvsrevolution writes "In an update to a story posted on Slashdot earlier this week, McDonald's has responded to the claims of Steve Mann, a University of Toronto professor and augmented reality pioneer who says McDonald's staff in Paris assaulted him tried to pull off a computer eyepiece he's worn for decades, then threw him out of the restaurant. McDonald's confirms that Mann was ejected from the premises, but denies that there was a 'physical altercation' with staff or that they destroyed any of his property. That last claim is especially dubious, since Mann has posted photos taken from his eyepiece that show McDonald's staff ripping up a doctor's note that he showed them to explain his need to wear the device. The company still hasn't explained why Mann was removed from the restaurant, but Mann has speculated that it has a policy against recording." -
High Security Handcuffs Opened With 3D-Printed and Laser-Cut Keys
Sparrowvsrevolution writes "In a workshop Friday at the Hackers On Planet Earth conference in New York, a German hacker and security consultant who goes by the name 'Ray' showed that he could open high-security handcuffs from manufacturers Chubb and Bonowi with plastic copies of keys that he cheaply produced with a laser-cutter and a 3D printer. Both companies attempt to control the distribution of their keys to keep them exclusively in the hands of authorized buyers such as law enforcement. Lasercut plexiglass versions of the Chubb key, which opens handcuffs like the ones used in passenger airline restraints, were selling for $4 at the conference. Ray plans to post the CAD file for the key on the 3D printing site Thingiverse after LockCon later this week." -
Witness In Secret WikiLeaks Grand Jury Hearing Posts Transcript of Questioning
Sparrowvsrevolution writes "A year ago, free information advocate and Bradley Manning supporter David House was subpoenaed to testify in the grand jury investigation of WikiLeaks that's taking place in Alexandria, Virginia. Now he's released a transcript of his interrogation that he produced by taking handwritten notes on a legal pad and handing pages to his lawyer during their consultations. Though House pled the fifth and didn't tell the prosecutors much, the notes show the prosecution attorneys focusing their questions on Boston-area hackers as well as Tor developer and WikiLeaks supporter Jacob Appelbaum." -
Cat Parasite May Increase Risk of Suicide In Humans
An anonymous reader writes "Researchers at the University of Maryland analyzing meticulous data collected by Danish authorities have identified a positive correlation between suicides among women with infection with the fairly common parasite T. gondii. Carriers were 53 percent more likely to commit suicide in a sample of 45,000 Danish women monitored for over a decade (researchers believe that the same correlation likely exists for men). Increased susceptibility to schizophrenia and bipolar disorder was also discovered. The physiological mechanism has not been determined, although some speculation centers around changes to dopamine levels. Two intriguing aspects were noted: 1) human infection often (but not always) begins by exposure to cats carrying the parasite, for example, by changing an infected animal's litter; and 2) the parasite spreads itself by infecting the nervous system of rodents, causing them to become suicidally attracted to feline odors which will increase the likelihood of their hosts being eaten by cats, whose digestive tracts provide the preferred environment for parasite reproduction." -
Twitter Can't Keep Protestor's Data From Cops
Sparrowvsrevolution writes "On Monday, Twitter published its first-ever Transparency Report, detailing how many times governments around the world demanded its users' information and asked it to remove content. The results show that the U.S. government asked for more Twitterers' private data than all other governments combined: 679 requests in the first half of 2012, of which 75% were at least partially granted. That's more than all of last year, with half of 2012 still to go. Within hours, the issue of governments helping themselves to Twitter users' private data was illustrated in the case of Malcolm Harris, an Occupy Wall Street protester who had his Twitter data subpoenaed in a criminal case for 'disorderly conduct.' Twitter had fought the request, which will help prosecutors identify Harris as the tweets' source. But a Manhattan judge ruled that users have no expectation of privacy for their Twitter data." -
US Energy Transportation Network Gets Multibillion-Dollar Revamp
Hugh Pickens writes writes "Simone Sebastian writes in the Houston Chronicle that the nation's energy transportation network is undergoing a multibillion-dollar overhaul, as oil and natural gas production surges in new regions of the country and energy producers charge into new areas with technology that can reach oil and natural gas trapped in shale and other tight rock formations leaving pools of crude and gas stranded far from the Gulf Coast refineries and petrochemical plants that need them. 'Where it used to be isn't where it is now. Where it needs to go isn't where it used to go,' says Terrance McGill, president of fuel carrier Enbridge Energy. 'You're seeing this fundamental shift of crude oil across the country.' For example Phillips 66 CEO Greg Garland says his company is considering buying 2,000 more rail cars that could carry an additional 150,000 barrels a day from shale regions (PDF) to its refineries across the country because the glut of crude oil pouring out of the newly tapped shale oil plays like North Dakota's Bakken has kept the price of Mid-Continent crude at a record-wide discount of up to $27 per barrel relative to its rival European benchmark Brent crude because there is not enough pipeline capacity to get Bakken crude to Gulf coast refineries. 'That's a pipeline on wheels,' says Garland. 'You'll see us stepping out and doing some more things around infrastructure. Like everyone else, we're doing everything we can to get more barrels in front of those facilities.'" -
Eben Moglen: Time To Apply Asimov's First Law of Robotics To Smartphones
Sparrowvsrevolution writes "Free software lawyer and activist Eben Moglen plans to give a talk at the Hackers On Planet Earth conference in New York next month on the need to apply Isaac Asimov's laws of robotics to our personal devices like smartphones. Here's a preview: 'In [1960s] science fiction, visionaries perceived that in the middle of the first quarter of the 21st century, we'd be living contemporarily with robots. They were correct. We do. We carry them everywhere we go. They see everything, they're aware of our position, our relationship to other human beings and other robots, they mediate an information stream about us, which allows other people to predict and know our conduct and intentions and capabilities better than we can predict them ourselves. But we grew up imagining that these robots would have, incorporated in their design, a set of principles. We imagined that robots would be designed so that they could never hurt a human being. These robots have no such commitments. These robots hurt us every day. They work for other people. They're designed, built and managed to provide leverage and control to people other than their owners. Unless we retrofit the first law of robotics onto them immediately, we're cooked.'" -
Sonic.net's CEO On Why ISPs Should Only Keep User Logs Two Weeks
Sparrowvsrevolution writes "Dane Jasper's tiny Internet service provider Sonic.net briefly took the national spotlight last October, when it contested a Department of Justice order that it secretly hand over the data of privacy activist and WikiLeaks associate Jacob Appelbaum. But Sonic.net has actually been quietly implementing a much more fundamental privacy measure: For the past eighteen months it's only kept logs of user data for two weeks before deletion, compared with 18 to 36 months at Verizon, AT&T, Comcast, Time Warner and other ISPs. In a lengthy Q&A, he explains how he came to the decision to limit logging after a series of shakedowns by copyright lawyers attempting to embarrass users who had downloaded porn films, and he argues that it's time all ISPs adopt the two-week rule." -
Fastest Growing US Export To China: Education
hackingbear writes "While we are importing billions of 'cheap' products labeled 'Made in China,' the fastest growing export from U.S. to China does not even need a label. Chinese parents are acutely aware that the Chinese educational system focuses too much on rote memorization, so Chinese students have flocked to overseas universities and now even secondary schools, despite the high cost of attending programs in America. Chinese enrollment in U.S. universities rose 23% to 157,558 students during the 2010-2011 academic year, making China by far the biggest foreign presence. Even the daughter of Xi Jinping, the presumed next president of China, studies as an undergraduate at Harvard. This creates opportunities for universities to bring American education directly to China. Both Duke and New York University are building campuses in the Shanghai area to offer full-time programs to students there." -
FunnyJunk Sues the Oatmeal Over TM and "Incitement To Cyber-Vandalism"
eldavojohn writes "You may recall from last week the news item concerning FunnyJunk's extortion ... er ... threat of defamation lawsuit against The Oatmeal highlighting a fairly pervasive problem of rehosting content — in this case web comics. Instead of expediting a payment of $20,000 to FunnyJunk, Matthew Inman of The Oatmeal decided to crowd source the money (with 8 days left he has only garnered 900% of his goal) and donate it to charity after sending a picture of it to FunnyJunk. Charles Carreon (the man who has FunnyJunk) has made statements of Inman saying 'I really did not expect that he would marshal an army of people who would besiege my website and send me a string of obscene emails.' In an interview Carreon says 'So someone takes one of my letters and takes it apart. That doesn't mean you can just declare netwar, that doesn't mean you can encourage people to hack my website, to brute force my WordPress installation so I have to change my password. You can't encourage people to violate my trademark and violate my twitter name and associate me with incompetence with stupidity, and douchebaggery. And if that's where the world is going I will fight with every ounce of force in this 5'11 180 pound frame against it. I've got the energy, and I've got the time.' Well it appears that Carreon has filed suit over these matters alleging 'trademark infringement and incitement to cyber-vandalism.' Speaking of douchebaggery, Charles Carreon curiously fails to mention that he first incited all of his users to harass The Oatmeal anyway they can which they dutifully did. One last juicy detail is that Carreon is also suing the National Wildlife Federation and the American Cancer Society to which Inman's crowd sourced money is going. Luckily, Inman's lawyer appears to be fully competent and able to address Carreon's complaints." -
US Gov't Demands For Google Data Up 37% Over the Last Year
Sparrowvsrevolution writes "Governments are sticking their noses into Google's servers more than ever before. In the second half of 2011, Google received 6,321 requests that it hand over its users' private data to U.S. government agencies including law enforcement, and complied at least partially with those requests in 93% of cases, according to the latest update to the company's bi-annual Transparency Report. That's up from 5,950 requests in the first half of 2011, and marks a 37% increase in the number of requests over the same period the year before. Compared with the second half of 2009, the first time Google released the government request numbers, the latest figures represent a 76% spike. Data demands from foreign governments have increased even more quickly than those from the U.S., up to 11,936 in the second half of 2011 compared with 9,600 in the same period the year before, though Google was much less likely to comply with those non-U.S. government requests." -
Liu Yang Becomes China's First Female Astronaut
China launched Saturday a rocket bearing three astronauts and an experimental orbiting module intended to presage a full-fledged space station at the end of this decade. While that's big news in itself, the launch also marks the first trip for a female Chinese astronaut. The BBC has a brief video, including part of a pre-launch press conference introducing 33-year-old astronaut Liu Yang, as well as her crewmates. -
Pentagon Contractors Openly Post Job Listings For Offensive Hackers
Sparrowvsrevolution writes "In the wake of confirmation that the U.S. government was involved in the creation of Stuxnet and likely Flame, a look over job listings on defense contractor sites shows just how explicitly the Pentagon and the firms that service it are recruiting offense-oriented hackers. Northrop Grumman, Raytheon, Lockheed Martin, SAIC, and Booz Allen have all posted job ads that require skills like 'exploit development,' have titles like 'Windows Attack Developer,' or asks them to 'plan, execute, and assess an Offensive Cyberspace Operation.'" -
Spokeo Fined $800K By FTC For Marketing Its Services To Employers
nonprofiteer writes "Spokeo was one of the first public-facing person-profiling companies to attract the ire of those profiled. Taglined 'not your grandmother's phonebook,' it offers up profiles pulled from public records, social networking sites, etc, including your address, worth of your home, who's in your family, your estimated wealth, your hobbies and interests, and more. People freaked out when they first discovered it. Apparently, the company was selling reports to employers, but not following principles set forth by the Fair Credit Reporting Act. The Federal Trade Commission is fining them $800,000. FTC also chastises them for writing fake positive reviews around the Web." -
Online Courses and the $100 Graduate Degree
First time accepted submitter GCA10 writes "Forbes reports on the latest project of Google Fellow Sebastian Thrun (the proponent of self-driving cars.) He's moved on to education now, believing that conventional university teaching is way too costly, inefficient and ineffective to survive for long. So he started Udacity, which aims to deliver an online version of a master's degree for $100 per student. From the article: 'Udacity’s earliest course offerings have been free, and although Thrun eventually plans to charge something, he wants his tuition schedule to be shockingly low. Getting a master’s degree might cost just $100. After teaching his own artificial intelligence class at Stanford last year—and attracting 160,000 online signups—Thrun believes online formats can be far more effective than traditional classroom lectures. “So many people can be helped right now,” Thrun declares. “I see this as a mission.”'" -
LG Aims To Beat Apple's Retina Display
angry tapir writes "LG Display has introduced a 5-inch full HD LCD panel for smartphone displays — the highest resolution mobile panel to date. The widescreen panel is based on AH-IPS (Advanced High Performance In-Plane Switching) technology and has a 1920-by-1080 pixel resolution or 440 pixels per inch (ppi), according to LG. That compares well to Apple's Retina display, which has 264 ppi on the new iPad and 326 ppi on the iPhone 4S." -
Dark Days Ahead For Facebook and Google?
An anonymous reader writes "Dallas Mavericks owner and media entrepreneur Mark Cuban thinks he knows the reason for Facebook's disappointing IPO; smart money has realized that 'mobile is going to crush Facebook', as the world's population increasingly accesses the Internet mostly through smartphones and tablets. Cuban notes that the limited screen real estate hampers the branding and ad placement that Google and Facebook are accustomed to when serving to desktop browsers, while phone plans typically have strict data limits, so subscribers won't necessarily take kindly to YouTube or other video ads. Forbes' Eric Jackson likewise sees a generational shift to mobile that will produce a new set of winners at the expense of Facebook and Google." -
Dark Days Ahead For Facebook and Google?
An anonymous reader writes "Dallas Mavericks owner and media entrepreneur Mark Cuban thinks he knows the reason for Facebook's disappointing IPO; smart money has realized that 'mobile is going to crush Facebook', as the world's population increasingly accesses the Internet mostly through smartphones and tablets. Cuban notes that the limited screen real estate hampers the branding and ad placement that Google and Facebook are accustomed to when serving to desktop browsers, while phone plans typically have strict data limits, so subscribers won't necessarily take kindly to YouTube or other video ads. Forbes' Eric Jackson likewise sees a generational shift to mobile that will produce a new set of winners at the expense of Facebook and Google." -
Disentangling Facts From Fantasy In the World of Edison and Tesla
dsinc writes "Forbes' Alex Knapp writes about the Tesla idolatry and confusing his genius for godhood: 'Tesla wasn't an ignored god-hero. Thomas Edison wasn't the devil. They were both brilliant, strong-willed men who helped build our modern world. They both did great things and awful things. They were both brilliantly right about some things and just as brilliantly wrong about others. They had foibles, quirks, passions, misunderstandings and moments of wonder.'" -
Cops' Warrantless Cell Phone Tracking Now Better Than GPS
Sparrowvsrevolution writes "On Thursday, the House Judiciary Committee held a hearing to discuss a proposed bill to limit location tracking of electronic devices without a warrant — what it's calling the Geolocational Privacy and Surveillance Act, or the GPS Act. Ahead of that hearing, University of Pennsylvania computer science professor Matt Blaze submitted written testimony (PDF) telling Congress that phone carriers, as well as the law enforcement agencies with which they share data, can now use phones' proximity to cell towers and other sources of cellular data to track their location as precisely or even more precisely than they can with global positioning satellites. Thanks to the growing density of cell towers and the proliferation of devices like picocells and femtocells that transmit cell signals indoors, even GPS-less phones can be tracked with a high degree of precision and can offer data that GPS can't, like the location of someone inside a building or what floor they're on. With the GPS Act, Congress is considering expanding the ban on warrantless tracking of cars with GPS devices that the Supreme Court decided on in January. Blaze's testimony suggests they need to include non-GPS tracking of cell phones in that ban, a measure law enforcement agencies are strongly resisting." -
HP To Cut 30,000 Jobs
Axolotl_Rose writes with news that Hewlett-Packard is preparing to cut around 30,000 jobs, close to 10% of its total workforce. CEO Meg Whitman reportedly wants to use that money instead for new products and for bolstering the sales force. From the NY Times: "China, which is one of H.P.’s highest growth areas, will probably be spared, as will its research and development efforts. Ms. Whitman, who became H.P.’s chief executive last September, 'is trying to build a new company,' one senior executive said of the job cuts. 'You can count this as a part of that.' The final plan is expected to be announced on Wednesday, when H.P. announces earnings for its second fiscal quarter. Considered a slow-moving giant in the tech industry, H.P. had revenue of $127 billion in fiscal 2011, but net earnings of just $7.1 billion. While it has a leading position in the sales of low-margin personal computers, H.P. has been late or unsuccessful in many recent tech trends like providing cloud computing services for big companies and smartphones and tablet computers." An article at Forbes suggests HP should instead 'retool' those jobs by recruiting makers and hackers, TED conference speakers, and others who have experience building and inventing things. -
DreamHammer Wants To Corner the Drone OS Market
nonprofiteer writes "The Pentagon is increasingly transforming the military into an unmanned force, taking soldiers out of harm's way and replacing them with drones and robots. In 2011, it spent $6 billion on unmanned systems. The problem is that the unmanned systems don't work well together thanks to contractors building proprietary control systems (to lock government into exclusive relationships and to make extra money). A company called DreamHammer plans to have a solution to this — a universal remote control that could integrate all robots and drones into one control system. It would save money and allow anyone to build apps for drones. 'DreamHammer CTO Chris Diebner compares it with a smartphone OS — on which drones and features for those drones can be run like apps. Of course, Ballista is doing something on a much larger scale. It means that it takes fewer people to fly more drones and that new features can be rolled out without the need to develop and build a new version of a Predator, for example.'" -
Forbes Names Microsoft's Steve Ballmer Worst CEO
New submitter _0x783czar writes "Microsoft haters gleefully have latched on to the latest scoop that a Forbes columnist has named Steve Ballmer the worst CEO. It seems that the article has leveled some strong accusations of irresponsible and ineffective business practices; claiming that Microsoft has not progressed over the last 12 years of Ballmer's leadership. (Full disclosure: I'm not a Microsoft fan myself and tend to agree with this piece.)" -
'Goofing Off' To Get Ahead?
theodp writes "His old day job at Gawker entailed calling BS on tech's high-and-mighty, but Ryan Tate still found things to like about Silicon Valley. In The 20% Doctrine, Tate explores how tinkering, goofing off, and breaking the rules at work can drive success in business. If you're lucky, your boss may someday find Tate's book in his or her conference schwag bag and be inspired enough by the tales of skunkworks projects at both tech (Google, Flickr, pre-Scott Thompson Yahoo) and non-tech (Bronx Academy of Letters, Huffington Post, Thomas Keller Restaurant Group) organizations to officially condone some form of 20% time at your place of work. In the meantime, how do you manage to find time to goof off to get ahead?" -
Court Rules NSA Doesn't Have To Confirm Or Deny Secret Relationship With Google
Sparrowvsrevolution writes "A DC appeals court has ruled that the National Security Agency doesn't need to either confirm or deny its secret relationship with Google in response to a Freedom of Information Act (FOIA) request and follow-up lawsuit filed by the Electronic Privacy Information Center. The NSA cited a FOIA exemption that covers any documents whose exposure might hinder the NSA's national security mission, and responded to EPIC with a 'no comment.' Beyond merely rejecting the FOIA request, the court has agreed with the NSA that it has the right to simply not respond to the request, as even a rejection of the request might reveal details of a suspected relationship with Google that it has sought to keep secret. Google was reported to have partnered with the NSA to bolster its defenses against hackers after its breach by Chinese cyberspies in early 2010. But to the dismay of privacy advocates who fear the NSA's surveillance measures coupled with Google's trove of data, the company has never explained the details of that partnership." -
Dish Network Announces Prime Time TV With No Ads
Hugh Pickens writes "Forbes reports that Dish Network has announced a new feature called called Auto Hop for its satellite TV subscribers that will let you automatically skip all commercials for prime time television from the four major broadcast networks — when you watch programs the day after they are first aired. 'Viewers love to skip commercials,' says Vivek Khemka, vice president of DISH Product Management. 'With the Auto Hop capability of the Hopper, watching your favorite shows commercial-free is easier than ever before.' Craig Moffett says it's going to be hard for Dish to maintain good relationships with its programming affiliates when they start offering a feature intended to cut out the bulk of the affiliates' revenues. Whether the auto-skip feature can withstand legal challenge remains to be seen. 'Given the already long list of industry-unfriendly features promoted by Dish, one wonders if Auto Hop will be the final straw that provokes legal action from the broadcast networks,' says Moffett. 'We suspect Auto Hop probably uses some sort of bookmarking insertion based on automated recognition of commercial inserts (called "fingerprinting'"), which if true could certainly be argued to be a manipulation of the content stream by the distributor.'" -
NY Times Apple Tax Article Flawed
bonch writes "Forbes contributer Tim Worstall points out that the NY Times article claiming Apple pays less than 10 percent of its profit in taxes was based on a flawed assumption of the corporate tax system. The 9.8% figure came from Greenlining Institute, who compared Apple's 2011 profits to taxes calculated according to 2010 profits. In the corporate tax system, estimated quarterly tax payments are made based on the previous year's profits until actual profits are calculated at the end of the trading year, when the balance is then paid to the IRS." -
Why Forbes Says Immigrants Make Better Entrepreneurs
An anonymous reader writes "Romanian emigre Christian Gheorghe is running a Silicon Valley software company now (Tidemark Systems) after getting started in the U.S. hauling plywood on a construction site. Forbes summarizes his path to the top and sees a wider story about immigrants' edge as entrepreneurs."
