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Submission + - Microsoft to launch machine learning service (computerworld.com.au)

angry tapir writes: Microsoft will soon offer a service aimed at making machine-learning technology more widely usable. "We want to bring machine learning to many more people," Eron Kelly, Microsoft corporate vice president and director SQL Server marketing, said of Microsoft Azure Machine Learning, due to be launched in beta form in July. "The line of business owners and the marketing teams really want to use data to get ahead, but data volumes are getting so large that it is difficult for businesses to sift through it all," Kelly said.

Submission + - Wall Street firm finds success with Caml and OCaml (computerworld.com.au)

angry tapir writes: One Wall Street firm found computational success not on the traditional path of enterprise Java, but in an obscure functional programming language called Caml, which offered the perfect tradeoff of concision and readability. Trading firm Jane Street says Caml has given it a powerful set of tools for building large programs that have to run quickly and without errors. Jane Street is a proprietary trading firm that is the world's largest industrial user of Caml and OCaml, the object-oriented version of Caml.

Submission + - Cisco opposes net neutrality (computerworld.com.au)

angry tapir writes: All bits running over the Internet are not equal and should not be treated that way by broadband providers, despite net neutrality advocates' calls for traffic neutral regulations, Cisco Systems has said. Some Web-based applications, including rapidly growing video services, home health monitoring and public safety apps, will demand priority access to the network, while others, like most Web browsing and email, may live with slight delays, said Jeff Campbell, Cisco's vice president for government and community relations. "Different bits do matter differently. We need to ensure that we have a system that allows this to occur."

Submission + - Annual cybercrime losses top $400 billion worldwide, study claims (computerworld.com.au)

angry tapir writes: Computer-related crimes may cause as much as US$400 billion in losses annually, according to a new study that acknowledges the difficulty in estimating damages from such acts, most of which go unreported. The study (PDF) is the second to come from Intel's McAfee security unit in partnership with the Center for Strategic and International Studies (CSIS), a Washington, D.C.-based think tank.

Submission + - LulzSec's leader, Sabu, sentenced to time served (computerworld.com.au)

angry tapir writes: The cooperation of Hector Monsegur, known as Sabu, helped law enforcement officials prevent or minimize more than 300 cyberattacks, including attacks on the U.S. government and private companies, according to U.S. Attorney Preet Bharara of the Southern District of New York. Monsegur's cooperation also helped law enforcement agencies identify and arrest eight of Monsegur's co-conspirators in LulzSec and Anonymous. Monsegur has been sentenced to time already served.

Submission + - PostgreSQL guns for NoSQL market (computerworld.com.au)

angry tapir writes: Embracing the widely used JSON data-exchange format, the new version of the PostgreSQL open-source database takes aim at the growing NoSQL market of nonrelational data stores, notably the popular MongoDB. The first beta version of PostgreSQL 9.4, released Thursday, includes a number of new features that address the rapidly growing market for Web applications, many of which require fast storage and retrieval of large amounts of user data.

Submission + - Australian government devastates game industry (digitallydownloaded.net)

angry tapir writes: Australia's new conservative government has just handed down its first budget, which includes stripping all funding from the Interactive Games Fund which helps fund the development of video games in the country. The games industry in Australia has had a rough time, with some big names, such as Team Bondi shutting down over the last half decade (that last link is from 2011 and notes that even then the industry was in dire straits).

Submission + - Netcraft confirms: Microsoft closes in on Apache Web server lead (computerworld.com.au)

angry tapir writes: After almost two decades of trailing the market leader, Microsoft's Web server software is coming close to rivaling the dominance of the Apache Web server, according to the latest Netcraft survey of Internet infrastructure. May saw an additional 9 million sites using Microsoft Web server software, increasing the company's share of the Web by 0.37 percent. In the same period, Apache's market share fell by 0.18 percent, despite gaining an additional 4.3 million sites. Microsoft is now just 4.1 percentage points behind Apache, which, as the most popular Web server software on the Internet, now powers about 37.6 percent of all sites.

Submission + - Australian law enforcement pushes against encryption, advocates data retention (computerworld.com.au)

angry tapir writes: Australia is in the middle of a parliamentary inquiry examining telecommunications interception laws. Law enforcement organisations using this to resurrect the idea of a scheme for mandatory data retention by telcos and ISPs. In addition, an Australian peak law enforcement body is pushing for rules that would force telcos help with decryption of communications.

Submission + - Akamai admits its OpenSSL patch was faulty, reissues keys (computerworld.com.au)

angry tapir writes: Akamai Technologies, whose network handles up to 30 percent of all Internet traffic, has admitted that a researcher found a fault in custom code that the company thought shielded most of its customers from the Heartbleed bug. As a result, Akamai is now reissuing all SSL (Secure Sockets Layer) certificates and security keys used to create encrypted connections between its customer's websites and visitors to those sites.

Submission + - Australia may 'pause' trades to tackle high-frequency trading (computerworld.com.au)

angry tapir writes: The Australian Securities and Investment Commission (ASIC), a government financial watchdog, is reportedly contemplating the idea of implementing a 500 millisecond delay on trades in an effort to put the brakes on high-frequency trading. ASIC last year knocked back the idea and stated that fears about HFT were overblown. However, in a government inquiry today representatives of the organisation said the idea of a 'pause' is still on the table.

Submission + - Mt. Gox kept exchange open despite knowledge of large-scale theft, filing sugges (computerworld.com.au)

angry tapir writes: Mt. Gox may have collected a large sum in trading fees in the weeks before its closure, even though it was already aware that a vast number of bitcoins had gone missing, its U.S. bankruptcy filing suggests. A sworn declaration in the filing from Robert Karpeles, Mt. Gox 's CEO, reveals that the Bitcoin exchange knew in early February that its situation was far graver than it had disclosed at the time.

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