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The Almighty Buck

$700 Billion Bailout Signed Into Law 857

Many readers reminded us of what no-one can have failed to hear: that the Congress passed and the President signed a $700B bailout bill in an attempt to avert the meltdown of the US economy. The bill allocates $700 billion to the Treasury Department for the purchase of so-called "toxic assets" that have been weighing down Wall Street balance sheets. This isn't particularly a tech story, though tech will be affected as will virtually all parts of the economy, and not just in the US. Among the $110B in so-called pork added to the bill to sway reluctant legislators are extensions of popular tax benefits for business R&D and alternative energy, relief for the growing pool of people subject to the alternative minimum tax, and a provision raising the FDIC's ceiling of guaranteed deposits to $250,000. Some limits were also imposed on executive compensation, though it's unclear whether they will be effective.
Cellphones

"Pull" Barcode Scanning Could Be Android's Killer App 296

Seor Jojoba writes "The release of T-Mobile's G1 Smartphone is shifting focus away from push-based barcode scanning, where embedded URLs send you to locations of a vendor's choosing. There is now more interest in pull-scanning, where product information is retrieved from user-specified sources. It may be that QR-Codes and other 2D barcodes will have their thunder stolen by 1970s-era linear barcodes. On the iPhone, scanning a 1D barcode is slow and unreliable. But the G1's improved optics and Android's improved access to image scans has made 1D scanning quick and useful, opening the gateway for killer apps that help people make spending decisions."
Image

Students Are Always Half Right In Pittsburgh Screenshot-sm 881

Pittsburgh Public Schools officials have enacted a policy that sets 50 percent as the minimum score a student can receive for assignments, tests and other work. District spokeswoman Ebony Pugh said, the 50 percent minimum gives children a chance to catch up and a reason to keep trying. If a student gets a 20 percent in a class for the first marking period, he or she would need a 100 percent during the second marking period just to squeak through the semester. The district and teachers union issued a joint memo to ensure staff members' compliance with the policy, which was already on the books but enforced only at some schools. At this rate, it won't be long before schools institute double extra credit Mondays and Fridays to ensure students don't take three day weekends.
Education

University Brings Charges Against White Hat Hacker 540

aqui writes "A university student at Carleton is learning that no good deed goes unpunished. After hacking into what was probably a not-so-secure university network, this guy took the time to write a 16-page paper on his methods and sent it to the system admins. Sounds like White Hat behavior to me. Yes, he should have asked permission before trying, but throwing the book at the guy and wrecking his life with criminal charges (which stick for a long time) seems a little excessive. The university should spend money on hiring some admins with better computer skills and teaching skills rather than paying lawyers. In the Engineering department at my old university, the unofficial policy was that when you broke in, didn't damage anything, and reported the problem and how you broke in, they didn't charge you (if you maliciously caused damage, you usually faced academic sanctions). In some cases, the students were hired or they 'volunteered' for the summer to help secure the servers or fix the hole they found. The result was that Engineering ended up with one of the most secure systems in the university." Read on for the rest of aqui's comments.
Cellphones

Apple Losing Touchscreen War 392

An anonymous reader writes "While Apple's iPhone may be the first device most people call to mind when they think of a touch interface mobile, the 3G device is still lagging behind in the touchscreen shifting stakes — it's getting a sound thrashing from Moto and Samsung, who've cornered the Asian market where touchscreens are popular for their ability to let users input Asian languages without all that fiddly Qwerty nonsense."
Earth

Any Suggestions For a Meaningful Geeky Wedding Band? 755

mbutala writes "I am getting close to popping the question, and I've been racking my brain for an idea for a cool and unique wedding band. I've been thinking of contacting a company that can (possibly) fabricate a ring from pure Iridium (Ir) or a nearly pure alloy. It is the most corrosion-resistant metal known — it cannot be dissolved in aqua regia like gold or platinum. Iridium is extremely rare on Earth, and the high concentration of it at the K-T boundary in the Earth's crust is what suggests a meteor took out the dinosaurs. I am positive that the symbolism of the permanence of Iridium, the reminder that we are star-stuff, and the fact that the ring would be one-of-a-kind would really strike a chord with my girlfriend. It's a really geeky idea, so I thought I would run it past you all — what do you think? Any other ideas?"
Portables (Apple)

Apple Can Remotely Disable iPhone Apps 550

mikesd81 writes "Engadget reports Apple has readied a blacklisting system which allows the company to remotely disable applications on your device. It seems the new 2.x firmware contains a URL which points to a page containing a list of 'unauthorized' apps — a move which suggests that the device makes occasional contact with Apple's servers to see if anything is amiss on your phone. Jonathan Zdziarski, the man who discovered this, explains, 'This suggests that the iPhone calls home once in a while to find out what applications it should turn off. At the moment, no apps have been blacklisted, but by all appearances, this has been added to disable applications that the user has already downloaded and paid for, if Apple so chooses to shut them down. I discovered this doing a forensic examination of an iPhone 3G. It appears to be tucked away in a configuration file deep inside CoreLocation.'" Update: 08/11 13:07 GMT by T : Reader gadgetopia writes with a small story at IT Wire, citing an interview in the Wall Street Journal, in which this remote kill-switch is "confirmed by Steve Jobs himself."
Media (Apple)

Apple Sued For Turning Workers Into Slaves 1153

SwiftyNifty writes "Apple employees are putting together a class action lawsuit for not receiving overtime pay. A Lawsuit filed Monday in California seeks class action status alleging that Apple denied technical staffers required overtime pay and meal compensation in violation of state law. Filed in the US District Court for Southern California, the complaint claims that many Apple employees are routinely subjected to working conditions resembling indentured servitude, or 'modern day slaves,' for lack of better words."
Power

Alaska Looks To Volcanos For Geothermal Energy 230

Iddo Genuth writes "Alaskan state officials have recently announced their intention to begin funding the exploration and surveying of Alaska's largest volcanoes in hopes of utilizing these as a source of geothermal energy. They say this volcano could provide enough energy to power thousands of households, and according to some estimates, Alaska's volcanoes and hot springs could supply up to 25% of the state's energy needs."
Puzzle Games (Games)

Have Modern Gamers Lost the Patience For Puzzles? 622

Brainy Gamer has an interesting reflection on old puzzle games and why their style of gameplay seems to be a dying art. According to the author modern gamers seem more interested in combat and seem to have lost the patience for difficult puzzles. "Despite my fondness for the adventure games of yore, it appears the days of puzzles in narrative games have come and gone. Puzzles - especially the serial unlocking variety found in the old LucasArts games - seem to have become a relic of a bygone era. Where they once provided a necessary ludic element to a—clever and often complex narrative - designed to add challenge and force the player to earn his progress through the story - few modern players have the patience for such challenges anymore."
Space

Virgin Galactic Shows the Finished WhiteKnight Two 212

Klaus Schmidt writes "Virgin Galactic today unveiled their WhiteKnight Two mothership, called 'EVE.' It is designed to carry the smaller SpaceShip Two into space. The rollout represents another major milestone in Virgin Galactic's quest to launch the world's first private, environmentally benign, space access system for people, payload and science. Christened 'EVE' in honor of Richard Branson's mother — Sir Richard performed the official naming ceremony — WK2 is both visually remarkable and represents ground-breaking aerospace technology. It is the world's largest all carbon composite aircraft and many of its component parts have been built using composite materials for the very first time. At 140 ft, the wing span is the longest single carbon composite aviation component ever manufactured."
Programming

Learn a Foreign Language As an Engineer? 1021

Ben B writes "I'm working on an undergraduate degree in computer engineering in the US, and I'm a native English-speaking citizen. In fact, English is the only language that I know. Maybe it's not the same at other schools, but for the engineering program at mine, a foreign language is not required. If my plans are to one day be involved in research, is it worth my time to learn a foreign language? If so, which one?" Learning something new is almost never a waste of time, but how much energy have others found worthwhile to expend with all of the programming/math/tech type courses to be had at a large university?
Earth

Supplies of Rare Earth Elements Exhausted By 2017 958

tomhudson writes "While we bemoan the current oil crisis, I ran across an editorial that led me to research a more immediate threat. Ramped-up production of flat-panel displays means the material to make them will be 'extinct' by 2017. This goes for other electronics as well. Quoting: 'The element gallium is in very short supply and the world may well run out of it in just a few years. Indium is threatened too, says Armin Reller, a materials chemist at Germany's University of Augsburg. He estimates that our planet's stock of indium will last no more than another decade. All the hafnium will be gone by 2017 also, and another twenty years will see the extinction of zinc. Even copper is an endangered item, since worldwide demand for it is likely to exceed available supplies by the end of the present century.' More links at the journal entry."
Medicine

Studies Show the Value of Not Overthinking 244

WSJdpatton writes "Fishing in the stream of consciousness, researchers now can detect our intentions and predict our choices before we are aware of them ourselves. The brain, they have found, appears to make up its mind 10 seconds before we become conscious of a decision — an eternity at the speed of thought. Their findings challenge conventional notions of choice, writes WSJ's Robert Lee Hotz."
Microsoft

DOJ To Oversee Windows 7 Development 427

MrKaos writes "Windows 7 is already being reviewed by U.S. government technical appointees. Under the terms of Microsoft's November 2001 Justice Department settlement, and final court judgment issued about a year later, a government-sanctioned 'Technical Committee' has been formed to oversee Windows development. The TC is responsible for ensuring that Microsoft complies with the terms of the final judgment, investigating complaints about Microsoft abuses and regularly reporting on the company's compliance."

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