GuruBuckaroo writes "Virtual Ponzi schemes — pardon, "Banks" — have finally been given the boot by the policymakers at Linden Lab's Second Life. According to the company's latest blog post: 'As of January 22, 2008, it will be prohibited to offer interest or any direct return on an investment (whether in L$ or other currency) from any object, such as an ATM, located in Second Life, without proof of an applicable government registration statement or financial institution charter. We're implementing this policy after reviewing Resident complaints, banking activities, and the law, and we're doing it to protect our Residents and the integrity of our economy.'"

empaler writes "We all know the usual pro-copyright arguments. Most of them hinge on the fact that the individual or company that has a copyright needs an incentive to make something that is copyrightable, and therefore ensure a revenue stream in a period after the copyright has been granted. In a never-surpassed move, Egypt is working on legislation to extend copyright well above 3000 years — they are going to start claiming royalties for using likenesses of the Sphynx and the Pyramids. It is still unclear whether the original intent of the Pyramids included 'making sure them bastards pay for a plastic copy in 3000 years' alongside 'securing a pathway to the heavens for the God King.' Speaking as a Greenlandic national, I want dibs on ice cubes." It sounds straight out of The Onion, but instead you can read another story on the BBC.

An anonymous reader sends us to The Secret Diary of Steve Jobs for a developing situation. Daniel Lyons, a.k.a. Fake Steve Jobs, made a post earlier today revealing that Apple was offering him some money (in the wake of the ThinkSecret shutdown) to close down his blog. He said he was interested in taking it. A few hours later, Lyons posted again revealing that Apple's lawyers had contacted him angrily, saying the details of the deal were supposed to remain private. Fake Steve replied 'we either deal out in the open, completely transparently, or we don't deal.' A third post gives details of Apple's lawyers' next response, going totally medieval on him. Since then the situation has calmed down a bit.

prostoalex writes "Several companies have announced solid state hard drives in excess of one terrabyte in size. ComputerWorld describes one from BitMicro that's just 3.5". Their flash drive will support up to 4 Gbps data transfer rate. From the article: 'SSDs access data in microseconds, instead of the millliseconds that traditional hard drives use to retrieve data. The BitMicro E-Disk Altima 4Gb FC delivers more than 55,000 I/O operations per second (IOPS) and has a sustained data transfer rate over 230MB/sec. By comparison, a fast hard drive for example will run at around 300 IOPS.'" Ah, the speed of tech. Seems like only last month we were talking about 500GB drives.

mijio writes "It's not the first time that Italy discusses Internet censorship. The last year, after some guys appeared in a video punching and blaming a kid with Down syndrome, Minister of Education Fioroni brought in to trial two of Google Italy's managers and then proposed and strongly sustained his idea of censoring the Internet to protect the young. Now Ricardo Levi, the prime minister's right hand, is finally successful in promulgating his law on internet censorship. With the goal of "promoting and enriching the pluralism of information," the law rules that everyone involved in "editorial activity" must be subscribed to the "Registry of Operators of Communication" to be prosecutable in case of defamation, where "editorial product" is defined as "any product with purpose of information, education, divulgation, entertainment, aimed at publication, no matter the form it is realized in and the mean it is distributed with." When inquired about the effects of this rule for bloggers, Levi responded, "We have no interest in touching amatorial or personal sites, it would be not feasible". The Times speaks about this paradox as well."

Some small but significant details of the next major release of Windows have emerged via a presentation at the University of Illinois by Microsoft engineer Eric Traut. His presentation focuses on an internal project called "MinWin," designed to optimize the Windows kernel to a minimum footprint, and for which will be the basis for the Windows 7 kernel.

Last week hundreds of you posted questions for Slashdot's CmdrTaco, AKA Rob Malda. Today we present his answers to 10 of the highest-moderated questions. CT: You can continue to sign up for 10 year anniversary parties but we're already working on shipping shirts so you won't be able to get a care package... but you can still try to run for the big grand prize by just taking videos of pictures or just doing something cool at your parties to prove that we should have been there.

scida sends in a link to his blog post exploring the question of whether, roughly speaking, science journalism is an impossible task. From the post: "I have spent the better half of the past six months trying to understand one thing: how can you effectively present primary scientific literature to the general public? Is this even possible? ... During the past few months, I have spent entire days locked up in my office, writing my first manuscript to be submitted to a peer reviewed scientific journal. While doing so, I have come to realize the following: details can change everything. There are a number of assumptions I have been forced to make while analyzing my data, many of which are critical for both my methodology and the development of few of my arguments. Why? Often, the information I require simply isn't available (the studies haven't been done, or the studies that exist are based on assumptions of their own). Now, can someone unfamiliar with a particular field, nay, a sub-discipline of that field, recognize these assumptions for what they are?"

mrcgran writes "Users of Skype for Linux have just found out that it reads the files /etc/passwd, firefox profile, plugins, addons, etc, and many other unnecessary files in /etc. This fact was originally discovered by using AppArmor, but others have confirmed this fact using strace on versions 1.4.0.94 and 1.4.0.99. What is going on? This probably shows how important it is to use AppArmor in any closed-source application in Linux to restrict any undue access to your files."

coondoggie writes "Today IBM will announce it is consolidating nearly 4,000 small computer servers in six locations onto about 30 refrigerator-sized mainframes running Linux, saving $250 million in the process. The 4,000 replaced servers will be recycled by IBM Global Asset Recovery Services. The six data centers currently take up over 8 million square feet, or the size of nearly 140 football fields."

Firedog writes "There's been a lot of recent debate over why Linus Torvalds chose the new CFS process scheduler written by Ingo Molnar over the SD process scheduler written by Con Kolivas, ranging from discussing the quality of the code to favoritism and outright conspiracy theories. KernelTrap is now reporting Linus Torvalds' official stance as to why he chose the code that he did. 'People who think SD was "perfect" were simply ignoring reality,' Linus is quoted as saying. He goes on to explain that he selected the Completely Fair Scheduler because it had a maintainer who has proven himself willing and able to address problems as they are discovered. In the end, the relevance to normal Linux users is twofold: one is the question as to whether or not the Linux development model is working, and the other is the question as to whether the recently released 2.6.23 kernel will deliver an improved desktop experience."

larry bagina writes "GCC 4.2.1 was released 4 days ago. Although this minor update would otherwise be insignificant, it will be the final GPL v2 release; all future releases will be GPL v3. Some key contributors are grumbling over this change and have privately discussed a fork to stay as GPL v2. The last time GCC forked (EGCS), the FSF conceded defeat. How will the FSF/GNU handle the GPL 3 revolt?"