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Comment Re:and here in USA... (Score 1) 86

Actually, the main problem I have with bonuses in the financial industries is not that much about "they're already making so much money", but the fact that they are an incentive to do the "wrong" thing. If you give the reward based on how much money the investments returned, then you are simply rewarding risk-taking. Not only because risky investments pay more, but because bonuses cannot be negative. Hence if you were to "bet" one billion with 50% odds, it would be profitable in terms of bonus. If you win, you make a huge bonus (and you're a hero). If you lose, you get fired and you get to bet again in your next job. I'm of course simplifying a bit, but that still describes the fundamental problem IMO.

Upgrades

Some Users Say Win7 Wants To Remove iTunes, Google Toolbar 570

Foofoobar writes "Due to a strike with the UK's postal system, people in Great Britain are getting copies of Windows 7 early and have already posted their experiences about the install process. Some have an easy time but others post installs taking 3 hours including Windows asking them to remove iTunes and Google toolbar prior to installation." The article indicates that many of these early users, though, are having better luck.
The Internet

AT&T Suggests To 300K Employees To Lobby the FCC 239

Several readers sent in the news that AT&T's top lobbyist sent a letter to all 300,000 employees urging them to give feedback to the FCC as it gears up for rulemaking on net neutrality. He even supplied talking points approved by the PR department. The lobbyist, Jim Cicconi, suggested that employees use their personal email accounts when they weigh in with the FCC. Pro-net-neutrality group Free Press has now likened Cicconi's letter to astroturfing: "Coming from one of the company’s most senior executives, it’s hard to imagine AT&T employees thinking the memo was merely a suggestion."
Math

Computer-Based System To Crack Down On Casino Card Counters 597

An anonymous reader writes with this excerpt from Yahoo Tech outlining a system currently being researched: "Card counting is perfectly legal — all a counter does is attempt to keep track of whether the cards remaining in a deck are favorable to his winning a hand (mainly if there are lots of tens and aces remaining in the deck) — but it's deeply frowned upon by Vegas casinos. Those caught counting cards are regularly expelled from casinos on the spot and are often permanently banned from returning. But given the slim house odds on Blackjack, it's often said that a good card counter can actually tip the odds in his favor by carefully controlling the way he bets his hands. And Vegas really doesn't care for that. The anti-card-counter system uses cameras to watch players and keep track of the actual 'count' of the cards, the same way a player would. It also measures how much each player is betting on each hand, and it syncs up the two data points to look for patterns in the action. If a player is betting big when the count is indeed favorable, and keeping his chips to himself when it's not, he's fingered by the computer... and, in the real world, he'd probably receive a visit from a burly dude in a bad suit, too. The system reportedly works even if the gambler intentionally attempts to mislead it with high bets at unfavorable times." It's not developed in Vegas, though, according to the brief description (the other projects are also interesting) from the University of Dundee's release, but rather in conjunction with the Dundee Casino.
Space

NASA Discovers Giant Ring Around Saturn 255

caffiend666 writes with news that scientists using the Spitzer Space Telescope have discovered a very large, previously unknown ring around the planet Saturn. According to NASA, if the ring were visible to the naked eye from Earth, it would cover a patch of sky roughly twice the angular diameter of the Moon. "The new belt lies at the far reaches of the Saturnian system, with an orbit tilted 27 degrees from the main ring plane. The bulk of its material starts about six million kilometers away from the planet and extends outward roughly another 12 million kilometers. One of Saturn's farthest moons, Phoebe, circles within the newfound ring, and is likely the source of its material. Saturn's newest halo is thick, too — its vertical height is about 20 times the diameter of the planet. It would take about one billion Earths stacked together to fill the ring. ... The ring itself is tenuous, made up of a thin array of ice and dust particles. Spitzer's infrared eyes were able to spot the glow of the band's cool dust. The telescope, launched in 2003, is currently 107 million kilometers from Earth in orbit around the sun."

Comment Re:Echos thoughts of others after the demo (Score 5, Funny) 336

Most Dearest Friend ObsessiveMathsFreak,

I actually appreciate the salutations and valedictions. Sometimes they even help me identify Nigerian spam.

Sincerely,
Your friend,
mctk

PS I just thought of something to say, but unfortunately I've already typed out the message, so I'll just have to write it out here at the end.
Google

Bank Goofs, and Judge Orders Gmail Account Nuked 594

An anonymous reader writes "The Rocky Mountain Bank, based in Wyoming, accidentally sent confidential financial information to the wrong Gmail account. When Google refused to identify the innocent account owner's information, citing its privacy policy, the bank filed in Federal court to have the account deactivated and the user's information revealed. District Judge James Ware granted the bank's request, with the result that the user has had his email access cut off without any wrongdoing or knowledge of why." The Reg's earlier story says, "Rocky Mountain Bank had asked to court to keep its suit under seal, hoping to avoid panic among its customers and a 'surge of inquiry.' But obviously, this wasn't successful."
Government

G20 Protesters Blasted By "Sound Cannon" 630

aaandre sends word of the use of a "sound cannon" on G20 protesters in Pittsburgh. Only a few hundred protesters took to the streets. The NY Times notes: "City officials said they believed it was the first time the sound cannon had been used publicly." The device projects a narrow beam of extremely annoying sound, at levels that can reach 151 decibels, over a distance of a mile or more. The Guardian notes, "It is feared the sounds emitted are loud enough to damage eardrums and even cause fatal aneurysms." Officials of the company that manufactures the sound cannon say that ear damage is only possible if someone manages to stand directly in front of the device for an extended period.

Comment Re:I beg to differ (Score 3, Insightful) 508

I have control over my information.

No, no you don't. Ever heard of a credit report? We've never had control over our information.

Anyways, the ability to keep in touch with important people in my life, for me, is worth the risk of whatever doomsday privacy issue others see. So what, some sketchy advertisers get some info on me? Uuuh, I have multiple websites, registered with my name and address. I have no doubt that my grocery shopping is closely tracked based on my credit card number. I'm sure that my contact info has been sold between companies hundreds of times. My phone company knows who I talk to and for how long. My insurance company knows my driving record. My fingerprints are on file in Oregon.

I happen to like the fact that I am able to call up and old friend and meet him for drinks while driving through town on a road trip, thanks to facebook. That's worth it, in my opinion.

Comment Re:Send the kids home? (Score 5, Informative) 443

Wouldn't that have been a perfect time to conduct audits and make sure everything was ready for the students to arrive?

I'm guessing you haven't worked in a public school? Two years ago I got my classroom assignment 3 days before students showed up. My co-worker had 1 day. Instead of curriculum planning, we spent the time running around the halls trying to find desks for students, the teacher's manuals for our books, get appropriate keys, etc.

Oh, and we also had a part time counselor in charge of 300+ students' schedules at our school and another 300+ at our neighbor school. A student shows up who hasn't registered? The secretary will put her in some temporary classes until a week later when the counselor can actually review her transcript and place her accordingly.

No one is sitting around that week. There's a thousand jobs that need to be done, but the districts keep cutting support staff and putting it on the shoulders of teachers and counselors. I wouldn't be quick to blame anyone in that school building.

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