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Comment Re:Not Too High (Score 2) 418

Easy! There are 3 major groups of investors in the Facebook IPO fiasco.

You missed a group:

4) The institutional investors that are cozy with with investment bankers and get to buy-in at the IPO price. They are the ones that really want the first-day "pop", because it means they can off-load (some) at an easy 10-20% profit. Both of those groups like this racket, because for the next IPO, the institutional investors will come back, and the investment bankers will get more IPO fees because they can ensure a sold-out IPO to the next victim/company.

Comment Re:Revisionism. (Score 1) 387

There seems to be a general assumption by many that the internet was predestined to win out over these other pre-existing nets.

...

If the existing services that were taking off when the internet came along from behind had gotten their acts together - and gotten for example inter-provider mail working, the internet in its present form may not have happened.

Certainly not predestined, but economic forces at some point would have demanded interoperability. Whether that meant a true "network of networks" (as you say, and as the internet was defined as), at some point a common-denominator protocol,service,etc would be required. The rise of cheaper and faster electronics (and therefore communications) would make any other scenario unlikely (barring dumb government regulation or something).
It may not have looked been TCP/IP, but it would be an Internet Protocol nonetheless.

Comment Re:Telecommunications (Interception and Access) Ac (Score 1) 236

As far as I can tell, their system tracks using radio signals, and intercepting radio signals is specifically excluded from this provision

Your quote may be right, but your interpretation is incorrect.
"intercepting radio signals is specifically excluded" only applies to "a system, or series of systems, for carrying communications solely by means of radiocommunication".

A cell phone uses a "telecommunications network" that does not consist of "communications solely by means of radiocommunication", since a cell phone network includes the regular phone system, including exchanges, etc.

The exclusion given above would apply to things like ham radios, walkie-talkies, etc.

Blackberry

RIM Server Crash Leaves Millions Without BBM 191

Several readers have sent word that "tens of millions of BlackBerry users in Europe, the Middle East and Africa have been unable to receive or send emails and messages through their phones, following an outage at the server systems of parent company Research In Motion." RIM has confirmed that they're aware of the problem and working to restore service. A former RIM employee said to The Guardian, "They didn't start looking at scalability until about 2007, when they had around 8M active devices. The attitude was, 'We're going to grow and grow but making sure our infrastructure can support it isn't a priority.' They have their own clunky infrastructure to do something that you don't really need a clunky infrastructure to do anymore."

Comment Re:I've cracked it! (Score 1) 466

There appear to be a TON of clues in this document to help break it:

1. Repetition: "5E" or "SE". Plenty of times.
2. Numbers appear to be plain text. Three consecutive lines have 71, 74, 75 followed by the same four characters.
3. Apostrophes and hyphens. Not all of these would be literal, but they are major clues.

Plus, he has been using this "encryption" for years. The code is certainly something he could do in his head as he writes.

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