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Linux

Submission + - Open source credit- a new banking concept?

E5Rebel writes: The Linux Foundation has gone corporate with Tux credit card.

“As a non-profit organisation funded primarily by member dues, the Linux Foundation provides a variety of important services, not the least of which is supporting Linus Torvalds’ full-time work on the kernel. The Linux credit card allows anyone to contribute to the community by enabling the Foundation to sustain and expand upon its important work,” the organisation said.

http://www.computerworlduk.com/news/open-source/3246693/linux-foundation-goes-corporate-with-tux-credit-card/
Google

Submission + - Oracle: Google copied our Java code (techworld.com)

ChiefMonkeyGrinder writes: Oracle has updated its lawsuit against Google to allege that parts of its Android mobile phone software "directly copied" Oracle's Java code. Is Oracle claiming that re-implementing a public API is copyright infringement?
Security

Submission + - Bredolab botnet taken down. Authorities hit back (computerworlduk.com)

E5Rebel writes: Armenian authorities arrested a 27-year-old man today on suspicion of running a large botnet that was dismantled after a unique take-down operation by Dutch law enforcement and computer security experts. Botnet is estimated to have infected at least 29 million computers worldwide.
Businesses

ACLU Says Net Neutrality Necessary For Free Speech 283

eldavojohn writes "The ACLU has recently identified Network Neutrality a key free speech issue and said in a lengthy PDF report: 'Freedom of expression isn't worth much if the forums where people actually make use of it are not themselves free. And the Internet is without doubt the primary place where Americans exercise their right to free expression. It's a newspaper, an entertainment medium, a reference work, a therapist's office, a soapbox, a debating stand. It is the closest thing ever invented to a true "free market" of ideas.' The report then goes on to argue that ISPs have incentive and capability of interfering with internet traffic. And not only that but the argument that it is only 'theoretical' are bogus given they list ten high profile cases of it actually happening. If the ACLU can successfully argue that Net Neutrality is a First Amendment Issue then it might not matter what businesses (who fall on either side of the issue) want the government to do."
Businesses

Submission + - Stock Exchange beats record with Linux (computerworlduk.com)

superapecommando writes: The London Stock Exchange has said its new Linux-based system is delivering world record networking speed, with 126 microsecond trading times.

The news comes ahead a major Linux-based switchover in twelve days, during which the open source system will replace Microsoft .Net technology on the group's main stock exchange. The LSE had long been criticised on speed and reliability, grappling with trading speeds of several hundred microseconds.

The record breaking times were measured on the LSE's Turquoise smaller dark pool trading venue, where trades are conducted anonymously. That network switched over to Linux from Cinnober technology two weeks ago. Speed is crucial as more firms trade automatically at lightning speed, using advanced algorithms.

Submission + - Traders convicted for outsmarting broker algorithm

E5Rebel writes: Men beat machines. Norwegian traders, Svend Egil Larsen and Peder Veiby, were handed suspended prison sentences and fines for market manipulation after outsmarting the trading system of Timber Hill, which is a unit of US-based Interactive Brokers.The two men managed to work out how the computerised system would react to certain trading patterns. This allowed them to influence the price of low-volume stocks and profit from it.Is this a crime or a something to celebrate?

http://www.computerworlduk.com/news/security/3244186/norwegian-traders-convicted-for-outsmarting-us-stock-broker-algorithm/
Image

UK Police Force Posts All Its Calls On Twitter 66

Stoobalou writes "One of the largest police forces in the UK is posting every incident reported to it today on Twitter. Greater Manchester Police began its 24-hour experiment this morning at 05:00 BST, tweeting all incident reports in the hope of highlighting the complexity of modern policing. 'Policing is often seen in very simple terms, with cops chasing robbers and locking them up,' Chief Constable Peter Fahy said in a statement. 'However the reality is that this accounts for only part of the work they have to deal with.'"
Education

Proving 0.999... Is Equal To 1 1260

eldavojohn writes "Some of the juiciest parts of mathematics are the really simple statements that cause one to immediately pause and exclaim 'that can't be right!' But a recent 28 page paper in The Montana Mathematics Enthusiast (PDF) spends a great deal of time fielding questions by researchers who have explored this in depth and this seemingly impossibility is further explored in a brief history by Dev Gualtieri who presents the digit manipulation proof: Let a = 0.999... then we can multiply both sides by ten yielding 10a = 9.999... then subtracting a (which is 0.999...) from both sides we get 10a — a = 9.999... — 0.999... which reduces to 9a = 9 and thus a = 1. Mathematicians as far back as Euler have used various means to prove 0.999... = 1."
Advertising

Microsoft Admits OpenOffice.org Is a Contender 480

ChiefMonkeyGrinder writes "Microsoft has unwittingly admitted that OpenOffice.org is a rival, by launching a three-minute video of customers explaining why they switched to Microsoft Office from OpenOffice.org. Glyn Moody writes: 'You don't compare a rival's product with your own if it is not comparable. And you don't make this kind of attack video unless you are really, really worried about the growing success of a competitor. [Microsoft] has now clearly announced that OpenOffice.org is a serious rival to Microsoft Office, and should be seriously considered by anyone using the latter.'"
Government

Judge Approves $100 Million Dell Settlement 72

crimeandpunishment writes "It's official. Dell will pay the US government $100 million to settle fraud charges. CEO Michael Dell will personally pay a $4 million fine. A federal judge approved the settlement after Michael Dell assured him the company will deliver on the reforms it promised. Dell was accused of pumping up its profits over five years by improperly using payments from Intel, in order to meet Wall Street targets."
Microsoft

Submission + - Microsoft admits OpenOffice.org is a contender (computerworlduk.com)

ChiefMonkeyGrinder writes: Microsoft has unwittingly admitted that OpenOffice.org is a rival, by launching a three-minute video of customers explaining why they switched to Microsoft Office from OpenOffice.org. Glyn Moody writes: "You don't compare a rival's product with your own if it is not comparable. And you don't make this kind of attack video unless you are really, really worried about the growing success of a competitor. [Microsoft] has now clearly announced that OpenOffice.org is a serious rival to Microsoft Office, and should be seriously considered by anyone using the latter."
Businesses

Apple's Long Road To $300 264

itwbennett writes "Apple shares inched over $300 for the first time Wednesday, nearly 30 years after Apple's initial public offering in December 1980. But it hasn't been a steady climb. In fact, says blogger Chris Nurney, 'Apple's stock history can be divided into two clear periods — the early years, from the IPO through Steve Jobs's long absence from the company after losing a power struggle in 1985, and the modern Jobs era, which began on September 16, 1997.' The bottom line: 'If you had purchased $10,000 of Apple stock the same month that Jobs again began leading the company, your shares would be worth $554,000 today. Not a bad return on the investment.'"
United Kingdom

Badgers Digging Up Ancient Human Remains 172

One of England's oldest graveyards is under siege by badgers. Rev Simon Shouler now regularly patrols the grounds of St. Remigius Church looking for bones that the badgers have dug up. The badger is a protected species in England so they can not be killed, and attempts to have them relocated have been blocked by English Nature. From the article: "At least four graves have been disturbed so far; in one instance a child found a leg bone and took it home to his parents. ... Rev. Simon Shouler has been forced to carry out regular patrols to pick up stray bones, store them and re-inter them all in a new grave."
Botnet

Microsoft Looks To Courts For Botnet Takedowns 93

angry tapir writes "Microsoft has seen a dramatic drop in the number of computers infected with Waledac, a piece of malicious software affiliated with a botnet that was once responsible for a massive amount of spam. In the second quarter of this year, the company cleaned only 29,816 computers infected with Waledac, down from 83,580 computers in the first quarter of the year. The drop in the number of infected machines shows the success of the legal action Microsoft took earlier in the year, according to the company."

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