who thinks that 20 year old TVs (with the analog knobs and all that) were a LOT easier to use compared to the TVs we have today? Have you ever had to do "TV tech support" for someone in your family? I swear, the UIs are progressively getting worse and most people don't know about 90% of features in their TV or how to use them. Hell, *I* probably don't know half the features of my TV and how to use them and I am rather technically-inclined 28 year old male.
The Fed actually did no wrong, they did exactly what they were supposed to do, HOWEVER: the CEOs of the banks on the receiving end of the loans should absolutely be investigated for defrauding investors, because going out in public and telling the public that your balance sheet is solid and can weather the storm, while simultaneously they are in need of taking on multibillion loans from the Fed just to stay afloat is fraud, plain and simple. Too bad the SEC is in the same bed so nothing is likely to ever happen.
Somehow, prior to high-frequency trading, the world had plenty of liquidity, extremely narrow spreads, and not any more volatility than today (and probably less).
While I'm on the fence about the tax, I am definitely with you on making high frequency trading as difficult and least profitable as possible.
HFT is what crashes markets at a moment's notice. It can destroy companies in a matter of minutes. And it also an affront to the entire concept of a market where well informed buyers make well informed decisions about the value of a product.
What a bunch of bollocks.
I am a small-time long-only personal investor and I couldn't give a crap about HFT. Actually, I kinda like it, since HFT improves liquidity and reduces spreads. As for "destroy companies in a matter of minutes", if you mean a company whose HFT algo went haywire at a bad moment, then yeah sure, those will probably get hurt pretty bad. If you mean actual companies listed on stock exchanges, then what the hell are you talking about? If I own a company, whose stock gets temporarily hammered or shoots up in an epic fashion, what do I care? Stock price moves are a reaction, not a cause. The fact that stock price went either way doesn't matter to the company itself and it's business.
I built a 500$ Atom NAS over 2 years ago and it had better performance then that shown in the charts of that article. And these rigs are over 1000$ today? WTF?
'Have you ever called a help desk for your mobile device? What do you do? Probably, the first you do is Google or Bing it,' he said. 'If you can't get your answer there, you ask your friends who are like you. For us, that's the workgroup.'"
This is completely out of touch with the real world. Almost nobody Googles such things and most people don't have friends who they can ask about such things. When people have a problem with their mobile device, they call their operator.
Do not mix nerds like you and me who read/. with the actual general population.
How long will the battery last? It's all great and exciting, but if one has to replace a ridiculously expensive (10,000$+) battery every 5-6 years, this is a nonstarter.
And to expand a little further: there is nothing crazy or stupid about making trades sized in the billions. It's not even that uncommon either. Quite a few companies are doing arbitrage trading with trades in the hundredss of millions on a regular basis, where the profit on whatever they are trading is miniscule, but the massive volume makes up for it. The obvious thing is that you are supposed to be hedged. Doing trades in the billions unhedged? Yeah that is absurd. What's even more absurd is that the alarm did not go off the second the trader's and the bank's risk exposure went bananas.
There is no "problem". Any investment bank that is not actually retarded has realtime systems that monitor overall risk of the entire bank it's, any given branch and any given desk.
It's amazing how much misunderstanding this case engenders.
Google has been completely unapologetic for sniffing SSIDs. Some people are angry that they would so large scale data gathering, but they generally just think it is improper.
Why the hell should they be apologetic for accessing public information? Leaving your WiFi network unsecured is not akin to leaving your door open, because entering an open door would still be illegal tresspassing, but if you set up a machine inside your house that yells whatever you are doing out all the way across the street via massive speakers, you really only have yourself to blame.
The user is not going to give a shit. The user will see that Windows doesn't suffer from this increase in power consumption and will decide that Linux is inferior.
What happens when there are more than 21 million Bitcoin users, 21 million being the largest amount of bitcoins that can be in circulation at any given time?
Oh, and you can not legally fire someone for attempting to start a Union. At least here in the US.
You can't really be that naive, can you? First of all, god knows how many states in US have "at will" employment laws. And even in those states that don't, do you really think it's hard to come up with an excuse to fire somebody?
Every now and then, someone tries to argue that torrent trackers are supposedly invinsible because they don't outright host copyrighted content, but only the.torrent files. I really wish people would start focusing on something else, because by now it should be blatantly obvious that such reasoning does not fly with the courts. In my country (Finland), there was a court case regarding Finreactor, a major finnish torrent tracker and the defendants tried to argue this very defence. It didn't fly. At all. The court concluded that the site was MOSTLY used to facilitate illegal activity and that the site maintainers made no reasonable effort to clean the site up from torrents pointing to copyrighted content. The tracker admins were found gulty and sentenced to heavy fines.
No, this logic does not apply to Google, because Google is not used MOSTLY to facilitate illegal activity and no, this logic does not apply to gun manufacturers, because guns are mostly used by law enforcement and army and not to commit murder and robbery.
What the "cloud" really provides is yet another way to make the rich richer, and everyone else poorer.
Oh, give me a break! If a company/corporation finds that it can cut costs by outsourcing some or even most of IT to the cloud and are happy with the results, by what inane logic should they keep on-site IT staff?
that something ridiculous, like probably over 75% of users don't even know what an URL bar is and I wish I was kidding. A huge amount of users don't understand the concept of URLs, domains or anything of the sort and type anything and everything (both actual search queries as well as full-blown http://whatever/ URLs) into the search engine toolbar in the top-right corner of Firefox and/or IE.
Slashdot Mirror
who thinks that 20 year old TVs (with the analog knobs and all that) were a LOT easier to use compared to the TVs we have today? Have you ever had to do "TV tech support" for someone in your family? I swear, the UIs are progressively getting worse and most people don't know about 90% of features in their TV or how to use them. Hell, *I* probably don't know half the features of my TV and how to use them and I am rather technically-inclined 28 year old male.
The Fed actually did no wrong, they did exactly what they were supposed to do, HOWEVER: the CEOs of the banks on the receiving end of the loans should absolutely be investigated for defrauding investors, because going out in public and telling the public that your balance sheet is solid and can weather the storm, while simultaneously they are in need of taking on multibillion loans from the Fed just to stay afloat is fraud, plain and simple. Too bad the SEC is in the same bed so nothing is likely to ever happen.
Dedicated servers that might as well not exist because you can't gain any exp/unlocks when playing on them (you have to use P2P matchmaking)?
Locked down fov 65? In an FPS? On PC? Is this a joke?
Somehow, prior to high-frequency trading, the world had plenty of liquidity, extremely narrow spreads, and not any more volatility than today (and probably less).
Except, of course, that the world didn't.
While I'm on the fence about the tax, I am definitely with you on making high frequency trading as difficult and least profitable as possible.
HFT is what crashes markets at a moment's notice. It can destroy companies in a matter of minutes. And it also an affront to the entire concept of a market where well informed buyers make well informed decisions about the value of a product.
What a bunch of bollocks.
I am a small-time long-only personal investor and I couldn't give a crap about HFT. Actually, I kinda like it, since HFT improves liquidity and reduces spreads. As for "destroy companies in a matter of minutes", if you mean a company whose HFT algo went haywire at a bad moment, then yeah sure, those will probably get hurt pretty bad. If you mean actual companies listed on stock exchanges, then what the hell are you talking about? If I own a company, whose stock gets temporarily hammered or shoots up in an epic fashion, what do I care? Stock price moves are a reaction, not a cause. The fact that stock price went either way doesn't matter to the company itself and it's business.
People aren't going to use Siri very much, because talking to your phone makes you look stupid.
I wonder what people used PHONES for, before this whole Internet thing came around.
I built a 500$ Atom NAS over 2 years ago and it had better performance then that shown in the charts of that article. And these rigs are over 1000$ today? WTF?
This is completely out of touch with the real world. Almost nobody Googles such things and most people don't have friends who they can ask about such things. When people have a problem with their mobile device, they call their operator.
Do not mix nerds like you and me who read /. with the actual general population.
How long will the battery last? It's all great and exciting, but if one has to replace a ridiculously expensive (10,000$+) battery every 5-6 years, this is a nonstarter.
Lets add to this that an iPad (for example) WILL NOT WORK WITHOUT A PC TO HOOK IT UP TO.
You must have a computer running Windows or MacOS to use an iPad. Without iTunes they are bricks. Expensive, shiny, bricks.
Since iOS5, neither iPad nor iPhone will require a computer at all.
And to expand a little further: there is nothing crazy or stupid about making trades sized in the billions. It's not even that uncommon either. Quite a few companies are doing arbitrage trading with trades in the hundredss of millions on a regular basis, where the profit on whatever they are trading is miniscule, but the massive volume makes up for it. The obvious thing is that you are supposed to be hedged. Doing trades in the billions unhedged? Yeah that is absurd. What's even more absurd is that the alarm did not go off the second the trader's and the bank's risk exposure went bananas.
There is no "problem". Any investment bank that is not actually retarded has realtime systems that monitor overall risk of the entire bank it's, any given branch and any given desk.
It's amazing how much misunderstanding this case engenders.
Google has been completely unapologetic for sniffing SSIDs. Some people are angry that they would so large scale data gathering, but they generally just think it is improper.
Why the hell should they be apologetic for accessing public information? Leaving your WiFi network unsecured is not akin to leaving your door open, because entering an open door would still be illegal tresspassing, but if you set up a machine inside your house that yells whatever you are doing out all the way across the street via massive speakers, you really only have yourself to blame.
The user is not going to give a shit. The user will see that Windows doesn't suffer from this increase in power consumption and will decide that Linux is inferior.
I don't think I've seen a more misleading /. article summary in quite a while. Tesla has announced nothing of the sort.
Their stock price also very much begs to differ.
Then add in the fact that there are already money laundering and dope dealing going on with i
You mean exactly like with the real, traditional, cold hard cash?
What happens when there are more than 21 million Bitcoin users, 21 million being the largest amount of bitcoins that can be in circulation at any given time?
Oh, and you can not legally fire someone for attempting to start a Union. At least here in the US.
You can't really be that naive, can you? First of all, god knows how many states in US have "at will" employment laws. And even in those states that don't, do you really think it's hard to come up with an excuse to fire somebody?
Every now and then, someone tries to argue that torrent trackers are supposedly invinsible because they don't outright host copyrighted content, but only the .torrent files. I really wish people would start focusing on something else, because by now it should be blatantly obvious that such reasoning does not fly with the courts. In my country (Finland), there was a court case regarding Finreactor, a major finnish torrent tracker and the defendants tried to argue this very defence. It didn't fly. At all. The court concluded that the site was MOSTLY used to facilitate illegal activity and that the site maintainers made no reasonable effort to clean the site up from torrents pointing to copyrighted content. The tracker admins were found gulty and sentenced to heavy fines.
No, this logic does not apply to Google, because Google is not used MOSTLY to facilitate illegal activity and no, this logic does not apply to gun manufacturers, because guns are mostly used by law enforcement and army and not to commit murder and robbery.
What the "cloud" really provides is yet another way to make the rich richer, and everyone else poorer.
Oh, give me a break! If a company/corporation finds that it can cut costs by outsourcing some or even most of IT to the cloud and are happy with the results, by what inane logic should they keep on-site IT staff?
Deal with it.
that something ridiculous, like probably over 75% of users don't even know what an URL bar is and I wish I was kidding. A huge amount of users don't understand the concept of URLs, domains or anything of the sort and type anything and everything (both actual search queries as well as full-blown http://whatever/ URLs) into the search engine toolbar in the top-right corner of Firefox and/or IE.
How many wrongs can you get in 1 sentence?
LTE is not GSM, it is 3GPP Long Term Evolution, so "GSM networks like LTE" is an oxymoron.
We sure as hell use HLRs on the GSM network we run.
Sim card? Not seen one of those in years.
So what exactly does your phone used to make calls? Pixie dust?
What happens if I remove my SIM card, boot up my phone and get onto the Google Market using my WLAN?
Story at Ars: http://arstechnica.com/gaming/news/2011/04/sony-admits-utter-psn-failure-your-personal-data-has-been-stolen.ars