Etienne Steward writes "Turns out that while a few fortunes can be made with Apple, Steve Demeter made most of his money by buying Palm (of all companies) at $1.76 and selling at $12. Apparently, there aren't as many iPhone App millionaires as we would like to be believe. From the article: 'In almost a dozen interviews conducted by NEWSWEEK, Apple consultants and programmers jettison the idea that the App Store is a world of easy opportunity, or a fast track to quitting the rat race. Instead they describe an anxiety-wracked marketplace full of bewildering rules, long odds, and little sense of control over one's success or failure. "It's kind of a crapshoot," says Demeter, who spent the last two weekends partying in Las Vegas and New York. "I think we've reached a point where people are thinking I shouldn't quit my day job for this."'"

Philips Electronics, a Netherlands-based company, has come up with a device designed to protect day traders from emotionally based trading decisions. The Rationalizer measures your galvanic skin response and lets you know when you are under stress. An online trader can then take a "time-out, wind down and re-consider their actions," according to the company. This may have come too late for us, but at least future generations won't have to live through the horror of angry day trading.

Gamasutra is running an article about the state of game development on Android. The author explains some of the strengths and weaknesses of the platform, and makes comparisons to development on the iPhone. Quoting: "While iPhone apps are written in Objective C, the Android SDK uses relatively more programmer-friendly Java. The iPhone store charges developers $99 a year to distribute their apps, while Android has a one-time $25 fee for developers. And the review process for iPhone apps grows increasingly lengthy — sometimes weeks or more — and it's somewhat arcane. Android apps go live as soon as the developer hits the publish button. Google handles the review process post-hoc, and is much more lax in terms of content. ... For now, if a developer decides to implement a game exclusively for a particular smartphone platform, and the choice is between the iPhone and Android, the tradeoff is between trying to get noticed in an incredibly crowded and competitive market where the potential payoff is huge for those at the top, or entering a market with low barriers, little competition, currently low returns, but the possibility of potential growth."

Writing in the ribbonfarm.com blog, Venkatesh Rao uses The Office to explain and illustrate a theory of management he calls the Gervais Principle (after the TV series's creator). Taking off from Hugh MacLeod's cartoon laying out a corporate hierarchy in layers of Sociopaths, the Clueless, and Losers, Rao riffs on and updates the Peter Principle, in these terms: "Sociopaths, in their own best interests, knowingly promote over-performing losers into [clueless] middle-management, groom under-performing losers into sociopaths, and leave the average bare-minimum-effort losers to fend for themselves." Don't know about you, but this analysis suddenly makes sense of much that mystified me in my sojourn in corporate America.

Death Metal writes with this excerpt from CNN: "About 30 children aged 3 to 12 years old and their parents are participating in a new program that uses DNA testing to identify genetic gifts and predict the future. ... The test is conducted by the Shanghai Biochip Corporation. Scientists claim a simple saliva swab collects as many as 10,000 cells that enable them to isolate eleven different genes. By taking a closer look at the genetic codes, they say they can extract information about a child's IQ, emotional control, focus, memory, athletic ability and more. For about $880, Chinese parents can sign their kids up for the test and five days of summer camp in Chongqing, where the children will be evaluated in various settings from sports to art. The scientific results, combined with observations by experts throughout the week, will be used to make recommendations to parents about what their child should pursue."

Michiel Roos notes that at this week's OpenSource World, a Dell executive deflated Microsoft's claims that Linux notebooks have return rates four or five times higher than Windows machines. "Todd Finch, Dell senior product marketing manager, said the number of Linux returns are approximately the same as those for Windows netbooks. He categorized the matter of returns as a 'non-issue.' 'They are making something of nothing,' he said of Microsoft's claims."

jeevesbond writes "The alpha version of Google Chrome is now available for GNU/Linux. Google Chrome developer and former Firefox lead Ben Goodger has some problems with the platform though. His complaints range from the lack of a standardised UI toolkit, inconsistencies across applications, the lack of a unified and comprehensive HIG, to GTK not being a very compelling toolkit. With Adobe getting twitchy about the glibc fork and previously describing the various audio systems as welcome to the jungle, is it time to concentrate on consolidation and standardisation in GNU/Linux in general, and the desktop in particular?"

Wired is reporting that Microsoft is releasing the most secure version of Windows XP ever created, but only if you are the US Air Force. "The Air Force persuaded Microsoft CEO Steve Ballmer to provide it with a secure Windows configuration that saved the service about $100 million in contract costs and countless hours of maintenance. At a congressional hearing this week on cybersecurity, Alan Paller, research director of the Sans Institute, shared the story as an template for how the government could use its massive purchasing power to get companies to produce more secure products. And those could eventually be available to the rest of us. Security experts have been arguing for this "trickle-down" model for years. But rather than wield its buying power for the greater good, the government has long wimped out and taken whatever vendors served them. If the Air Force case is a good judge, however, things might be changing."

Anonymous writes "Two graduate students at the Ivy League's Brown University built a P2P system to use abandoned wiki sites to store data. The students were stealing bandwidth from open MediaWiki sites to send data between users as an alternative to BitTorrent. There was immediate backlash as site operators quickly complained to the University. The project appears to be shutdown, but many of the pages still remain on the web. The project homepage was also taken down and the students posted an apology this afternoon." The same submitter links to two different forum discussions on the project.

The next installment in the Fonera router family is set to make its debut in a couple of weeks, and the additions to the hardware are relatively impressive. Promising full support for networked storage, automatic downloads, sharing of a USB 3G connection, and a few other perks in addition to the normal range of functionality found in the Fonera routers this package packs quite a punch. "Like the original Fonera and Fonera+ routers, the principals of this hippie-love-in-styled product still apply. You buy the router and hook it up to your internet connection as normal. The trick is that the router shares a part of your bandwidth on a public-facing connection. Other Fon owners can log in and use this public network for free. In turn, you — as a Fonera owner — can travel the world and use other Fon hotspots. It's a neat idea and everybody wins, except the money-grabbing telcos."

Lorien_the_first_one brings word that in Europe, a breakthrough for post-4G communications has been announced. A public-private consortium known as IPHOBAC has been developing new communications technology that is near commercialization now. Quoting: "With much of the mobile world yet to migrate to 3G mobile communications, let alone 4G, European researchers are already working on a new technology able to deliver data wirelessly up to 12.5Gb/s. The technology — known as 'millimeter-wave' or microwave photonics — has commercial applications not just in telecommunications (access and in-house networks) but also in instrumentation, radar, security, radio astronomy and other fields."

An anonymous reader writes "A few days ago, Inner Fence released a paid iPhone app called Infinite SMS, which let iPhone users employ Google's free SMS gateway to send SMS messages without paying their service providers. The resulting surge in traffic on Google's SMS gateway forced Google to block all third-party applications from using the free SMS feature — including Google's own GTalk client."

arcticstoat writes "A new graphics company called Caustic Graphics reckons it's uncovered the secret of real-time ray tracing with a chip that 'enables your CPU/GPU to shade with rasterization-like efficiency.' The new chip basically off-loads ray tracing calculations and then sends the data to your GPU and CPU, enabling your PC to shade a ray-traced scene much more quickly. Caustic's management team isn't afraid to rubbish the efforts of other graphics companies when it comes to ray tracing. 'Some technology vendors claim to have solved the accelerated ray tracing problem by using traditional algorithms along with GPU hardware,' says Caustic. However, the company adds that 'if you've ever seen them demo their solutions you'll notice that while results may be fast — the image quality is underwhelming, far below the quality that ray tracing is known for.' According to Caustic, this is because the advanced shading and lighting effects usually seen in ray-traced scenes, such as caustics and refraction, can't be accelerated on a standard GPU because it can't process incoherent rays in hardware. Conversely, Caustic claims that the CausticOne 'thrives in incoherent ray tracing situations: encouraging the use of multiple secondary rays per pixel.' The company is also introducing its own API, called CausticGL, which is based on OpenGL/GLSL, which will feature Caustic's unique ray tracing extensions."

Urchin writes "In the early 1990s, the World Wide Web was a power-hungry monster unpopular with network administrators, says Robert Topolski, chief technologist of the Open Technology Initiative. They preferred the sleek text-only Gopher protocol. Had they been able to use data filtering technology to prioritize gopher traffic Topolski thinks the World Wide Web might not have survived. But it took computers another decade or so to be powerful enough to give administrators that option, and by that time the Web was already enormously popular." My geek imagination is now all atwitter imagining an alternate gopher-driven universe.