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Comment Re:Troubling signal, why? (Score 1) 471

As an aussie, my advice is to change to a different super fund with options, or, more likely, read your super funds documentation and realise you are full of shit (probably). My fund allows me to choose how my super is invested, I can go with their "managed" options, or direct into cash securities, bonds or various forms of shares. I can divide it up and put parts into different options if I so choose.

Last year I got ~9% return and the year before that a shade under 21%. 2009 was a shocker of course, with -15% but overall I'm well ahead. You have the option to change to a super fund that offers investment choice, so drop the crap and take charge of your own destiny, or play dumb and whine. your choice. At least your current way allows you to blame someone else if you make the wrong choices.

Self managed super is for rich people who can afford to have an accountant/ financial adviser on retainer (is that the right word?) You would be very dumb to really self-manage without the advice of someone who actually understands how to invest money.

Businesses

Submission + - Golden Age of Silicon Valley is Over with Facebook IPO

Hugh Pickens writes writes: "Steve Blank, a professor at Berkeley and Stanford and serial entrepreneur from Silicon Valley, says that the the Facebook IPO is the beginning of the end for Silicon Valley as we know it. "Silicon Valley historically would invest in science, and technology, and, you know, actual silicon," says Blank. "If you were a good venture capitalist you could make $100 million." But there's a new pattern emerging created by two big ideas that will lead to the demise of Silicon Valley as we know it. The first is putting computer devices, mobile and tablet especially, in the hands of billions of people and the second is that we are moving all the social needs that we used to do face-to-face onto the computer and this trend has just begun. "If you think Facebook is the end, ask MySpace. Art, entertainment, everything you can imagine in life is moving to computers. Companies like Facebook for the first time can get total markets approaching the entire population." That's great for Facebook but it means Silicon Valley is screwed as a place for investing in advanced science. "If I have a choice of investing in a blockbuster cancer drug that will pay me nothing for ten years, at best, whereas social media will go big in two years, what do you think I'm going to pick?" concludes Blank. "The headline for me here is that Facebook's success has the unintended consequence of leading to the demise of Silicon Valley as a place where investors take big risks on advanced science and tech that helps the world. The golden age of Silicon valley is over and we're dancing on its grave.""

Comment Re:Why? (Score 1) 128

Maybe the difference is that in australia (here), it is the rural dwellers that make the country money. They pay tax and see monuments go up in the cities, but city dwellers are mostly parasitic "service" providers. They contribute nothing to the international trade balance, only consume each others wealth.

Comment Why should california get it? (Score 2) 599

Why should california get a share of profits not made in california? Apple already supllies a large number of high earning employees that pay a high income tax rate, and if california has waived any other sort of taxes in order to have them headquarter there, then california has already worked out they will be better off with all that income tax minus the land and property taxes they waive, than without any of it at all. But why should california get to tax the profits earned in nevada? This is why states having corporate taxes is dumb, there should be a federal tax that is distributed to the states, in a fair and equitable way.

Not like it is done here in Australia. Here the government takes the taxes paid by some states and gives it to others. There might be a justification to give a better share to poorer states, but here it is taken from the big earning states that don't have great infrastructure and given to the ones that are the most developed! apparently they can't pay for the upkeep of all the nice stuff they have bought.

Australia

Submission + - US Unhappy With Australians Storing Data on Australian Shores (delimiter.com.au)

Fluffeh writes: "The United States’ global trade representative has strongly criticised a perceived preference on the part of large Australian organisations for hosting their data on-shore in Australia, claiming it created a significant trade barrier for US technology firms. A number of US companies had expressed concerns that various departments in the Australian Government, namely the Department of Defence had been sending negative messages about cloud providers based outside the country, implying that “hosting data overseas, including in the United States, by definition entails greater risk and unduly exposes consumers to their data being scrutinised by foreign governments”. Recently, Acting Victorian Privacy Commissioner Anthony Bendall highlighted some of the privacy concerns with cloud computing, particularly in its use by the local government. He said the main problems were the lack of control over stored data and privacy, in overseas cloud service providers."

Comment Re:Whatever... (Score 1) 182

If you don't pirate games, it is.
At least was. Thanks to consoles being good enough, the pace of pointless graphics improvements has slowed. You no longer need to buy a new graphics card that is more expensive than an entire console, every two years and replace the entire pc every three to four in order to keep up.

I was there before i got my xbox in '05. Never had to buy a graphics card since. Onboard is good enough because I don't play games and "desktop effects" are fucking pointless. I (and the majority of people, see console popularity for evidence) don't care about buying a game so we can pull ourselves off while pointing out how detailed the foliage in a game world is. It doesn't matter. We play for fun and entertainment. If I want to see highly realistic scenery I can go outside. I want story, challenge, involvement, better interaction with other people in a multiplayer game, content!

The graphics have been good enough for years, the biggest thing missing from games is due to moral censorship. I do blame the console makers for this, of course, their family friendly policies are largely to blame, but the various world governments are obviously just as much to blame.

Think of the children! Fuck them, they aren't the ones paying!

Comment Re:Overlocking was only ever a dick waving contest (Score 2) 405

Don't worry those guys then convince themselves they have a better visual perception than normal people so they don't feel stupid that they paid said 1000's. Much like the audiophile who buys a massively expensive sound system. Anyone asks them the hell why, they subtly (or not so much) imply that they have a hearing range that is far in excess of your standard human, and of course a better appreciation for music anyways :)
Crime

Submission + - No Criminal Charges for 'Whip It' Judge 5

theodp writes: Federal prosecutors will not charge a Texas judge seen lashing his teenage daughter with a belt on a YouTube video taken seven years ago and posted online last week, closing the door on the possibility of criminal charges in the case. The viral video, uploaded by now 23-year-old Hillary Adams, shows her father, Aransas County Court-at-Law Judge William Adams, whipping her with a belt for downloading music when she was 16 (full video, requires login). 'F*****g computers,' the judge tells his now ex-wife on the video. 'I told you I didn't want one in the god damn house. See all the problems they cause?' Hey, when a problem comes along, you must Whip It, right? Judge Adams issued a statement asserting that his daughter released the tape to retaliate against him for withdrawing his financial support. 'If the public must know, just prior to the YouTube upload, a concerned father shared with his 23-year-old daughter that he was unwilling to continue to work hard and be her primary source of financial support, if she was going to simply 'drop out' [from college] and strive to achieve no more in life than to work part time at a video-game store,' said the statement released by Adams' attorney.

Comment Re:I haven't burned a CD in years... (Score -1, Troll) 488

for fucks sake, why do people think linux should work with hardware that is fucked? not just old but plain fucking broken? they never complain that windows doesnt work right when their optical drive is fucked, but when it linux, its linuxs' fault. If your dvd drive don't work no more get a fucking new one ya brokeass mf. A new internal drive is like $25 ffs! if you cant afford that go fucking dumpster diving.
Unix

Submission + - Dennis Ritchie, 1941-2011 (boingboing.net)

An anonymous reader writes: Computer scientist Dennis Ritchie is reported to have died at his home this past weekend, after a long battle against an unspecified illness. No further details are available at the time of this blog post. [...]
The news of Ritchie's death was first made public by way of Rob Pike's Google+.

Science

Submission + - Artificial leaf that can split water, makes fuel f (geektech.in)

GeekTech.in writes: "Living leaves can turn the energy of sunlight directly into a chemical fuel. Using the very same concept researchers led by MIT professor Daniel Nocera created something that they call an “artificial leaf”.

Artificial leaf can split water into oxygen and hydrogen using solar power. The Artificial leaf is a silicon solar cell with different catalytic materials bonded onto its two sides. The light (solarlight) generates a flow of electricity that causes the water molecules, with the help of the catalysts, to split into oxygen and hydrogen, which bubble up from the two surfaces."

Sony

Submission + - PSN New Terms and Privacy Policy (sonyentertainmentnetwork.com)

Azmodan writes: "On September 15, 2011, Sony Network Entertainment America Inc. ("SNEA") will transfer its online services operations, including your wallet and the funds in it, to Sony Network Entertainment International LLC ("SNEI"). The first time you sign in to your PlayStation®Network account on or after September 15, 2011, you will be asked to enter into a new Terms of Service and User Agreement ("TOS") and Privacy Policy with SNEI if you wish to continue using your PlayStation®Network account. Please review all changes to the TOS and Privacy Policy carefully before indicating your agreement. In particular, please review Section 15 of the TOS, which now includes a class action waiver and requires that most disputes be resolved through arbitration. "

As IAMAL, I'ld like to ask the Slashdot folks what do you think about this? I'ld like to point out the 12 point in the TOS document : "[...] automatic updates or upgrades which may change your current operating system, cause a loss of data or content or cause a loss of functionalities or utilities".

TOS here :
http://www.sonyentertainmentnetwork.com/SEN-legal-docs/TERMS_OF_SERVICE_AGREEMENT-EN.pdf

Privacy here : http://www.sonyentertainmentnetwork.com/SEN-legal-docs/Privacy_Policy_Changes-EN.pdf

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What is wanted is not the will to believe, but the will to find out, which is the exact opposite. -- Bertrand Russell, "Skeptical Essays", 1928

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