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Data Storage

Flooding Takes Major Hard Drive Plant Offline; Shortages Predicted 203

snydeq writes "Flooding near Bangkok has taken about 25 percent of the world's hard disk manufacturing capacity offline, InfoWorld reports. 'Disk manufacturing sites in Thailand — notably including the largest Western Digital plant — were shut down due to floods around Bangkok last week and are expected to remain shut for at least several more days. The end to flooding is not in sight, and Western Digital now says it could take five to eight months to bring its plants back online.' Toshiba's Thailand plants have also been affected, as have key disk component suppliers, including Nidec and Hutchinson Technologies."
Crime

Citi Hackers Got Away With $2.7 Million 126

angry tapir writes "Citigroup suffered about US$2.7 million in losses after hackers found a way to steal credit card numbers from its website and post fraudulent charges. Citi acknowledged the breach earlier this month, saying hackers had accessed more than 360,000 Citi credit card accounts of U.S. customers. The hackers didn't get into Citi's main credit card processing system, but were reportedly able to obtain the numbers, along with the customers' names and contact information, by logging into the Citi Account Online website and guessing account numbers."
Media

Is Final Cut Pro X Apple's Biggest Mistake In Years? 443

Hugh Pickens writes "The latest version of Final Cut Pro, the widely used tool in the professional video editing world, was getting a reputation as the app that launched a thousand complaints, as the 955 reviewers and raters on iTunes collectively rated FCP as, 'Two and a half stars.' 45% of reviewers gave the software one star, the lowest rating possible, bestowing on the program the dubious honor of being the lowest-rated Apple software hosted by the company's digital store. Many complaints center around lost features. We used to be able to do this, and now we can't. You can't work with existing FCP Suite projects. There's no external video monitoring, no EDL imports, no backup application disk so good luck re-installing the software on the road without a good internet connection, and lots of unanswered questions about site licensing."
Power

Using Flywheels to Meet Peak Power Grid Demands 325

hackertourist writes "A novel type of electricity storage was recently added to the New York power grid. The unit, supplied by Beacon Power, uses flywheels to store energy. This system is intended to replace gas turbines in supplying short-term peaks in power demand (also known as frequency regulation). It can supply up to 20 MW, using 200 flywheels." If you can't afford a 200-flywheel system, you can always get a racetrack-ready Porsche 911 GT3 R Hybrid, which has a single energy-storage flywheel that can give you a 160 HP burst of power when you need a little extra oomph.

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