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Yahoo!

Investors Value Yahoo's Core Business At Less Than $0 150

Posted by Soulskill from the but-they-have-a-new-logo dept.
An anonymous reader writes "Yahoo is most known for its search, email, and news services. But its U.S. web presence is only part of its corporate portfolio. It also owns large stakes in Yahoo Japan and Alibaba (a web services company based in China). Yahoo Japan is publicly traded, and Alibaba is heading toward an IPO, so both have a pretty firm valuation. The thing is: when you account for Yahoo's share of each and subtract them from Yahoo's current market cap, you get a negative number. Investors actually value Yahoo's core business at less than nothing. Bloomberg's Matt Levine explains: 'I guess this is fairly obvious, but it leads you to a general theory of the conglomerate discount, which is that a business can be worth less than zero (to shareholders), but a company can't be (to shareholders). ... A fun question is, as fiduciaries for shareholders, should Yahoo's directors split into three separate companies to maximize value? If YJHI and YAHI are worth around $9 billion and $40 billion, and Core Yahoo Inc. is worth around, I don't know, one penny, then just doing some corporate restructuring should create $13 billion in free shareholder value. Why not do that?'"

Submission + - Did Israel steal bomb-grade uranium from the United States? (thebulletin.org)

Submitted by Lasrick
Lasrick writes: Victor Gilinsky and Roger J. Mattson update their story on the NUMEC affair to take into account the recent release of hundreds of classified documents that shed additional light on the story. In the 1960s, the Nuclear Materials and Equipment Corporation (NUMEC) was found to be missing about a 100 pounds of bomb-grade uranium. Based on available evidence, Gilinsky and Mattson are convinced that the material ended up in Israel nuclear bombs. The newly release documents add more to the story, and Gilinsky and Mattson are calling on President Obama to declassify the remainder of the file.
Crime

Criminals Using Drones To Find Cannabis Farms and Steal Crops 258

Posted by samzenpus from the red-eye-in-the-sky dept.
schwit1 (797399) writes "There has been a huge surge in the number of hidden cannabis farms across Halesowen, Cradley Heath and Oldbury, towns on the outskirts of rural Shropshire some seven miles from central Birmingham. They require hydroponic lights for the marijuana plants to grow – and the huge amounts of excess heat given off make them easily spottable for a would-be criminal with a drone carrying infrared cameras. One such man says that after finding a property with a cannabis farm he and his crew either burgle or 'tax' the victim."

Submission + - Tech Billionaires and the Separate-But-Equal Revival

Submitted by theodp
theodp writes: "As we approach the sixtieth anniversary of the Brown decision," writes the New Yorker's Jelani Cobb in The Failure of Desegregation, "the landmark case seems, in hindsight, like a qualified victory. Racially homogenous schools remain a fact of American life." And the resegregation of schools isn't limited to the Deep South. In the New York City public-school system, Cobb notes, Black and Latino students have become more likely to attend schools with minimal white enrollment, and a majority go to schools defined by concentrated poverty. And, despite the backing of Bill Gates and other like-minded super-wealthy tech "education investors", charter schools are no panacea for integration's failures. "Three-quarters of the city’s charter schools, which were a key component of Mayor Michael Bloomberg's efforts at education reform," writes Cobb, "have fewer than one per cent white enrollment," which UCLA's Civil Rights Project terms "apartheid schools". And at KIPP Schools, a darling of Gates, Netflix's Reed Hastings, and Facebook's Mark Zuckerberg, "more than 86 percent of our students are from low-income families and eligible for the federal free or reduced-price meals program, and 95 percent are African American or Latino.' So, would Bill send his own kids to a charter school? 'A family like mine should not use up the inner-city capacity of these great schools,' Gates explained, 'but if by some happenstance, my kids had to go to KIPP schools [instead of, say, BillG's alma mater], I wouldn't feel bad at all.' So, while well-intentioned, are tech's billionaire education reformers inadvertently contributing to today's separate-but-equal revival?

Submission + - Use drones and infrared cameras to find illegal cannabis, and steal it (independent.co.uk)

Submitted by schwit1
schwit1 writes: There has been a huge surge in the number of hidden cannabis farms across Halesowen, Cradley Heath and Oldbury, towns on the outskirts of rural Shropshire some seven miles from central Birmingham.

They require hydroponic lights for the marijuana plants to grow – and the huge amounts of excess heat given off make them easily spottable for a would-be criminal in the know.

One such man told the Halesowen News that after finding a property with a cannabis farm he and his crew either burgle or “tax” the victim.
Government

In Mississippi, Gov't Text Messages Are Officially Public Records 33

Posted by timothy from the scum-floats-for-a-reason dept.
New submitter Chris Elkins (3620071) writes "Text messages [by public officials about government business] are now officially considered public records. An investigative reporter fought for access to what he believed were public records. He took his fight to the state and won. Mississippi open government and transparency advocates view this unanimous commission opinion as precedent-setting for all government bodies and public officials in the state."

Submission + - Researchers Clone Cells from Two Adult Men (stem cells) (time.com)

Submitted by Trax3001BBS
Trax3001BBS writes: "Lanza’s group used caffeine to prevent the fused egg from dividing prematurely. Rather than leaving the egg with its newly introduced DNA for 30 minutes before activating the dividing stage, they let the eggs rest for about two hours. This gave the DNA enough time to acclimate to its new environment and interact with the egg’s development factors, which erased each of the donor cell’s existing history and reprogrammed it to act like a brand new cell in an embryo."

Stem cells is my take on this feat.
Social Networks

Click Like? You May Have Given Up the Right To Sue 216

Posted by timothy from the sue-you-sue-anybody dept.
sandbagger (654585) writes "The New York Times reports that General Mills, the maker of cereals like Cheerios and Chex as well as brands like Bisquick and Betty Crocker, has quietly added language to its website to alert consumers that they give up their right to sue the company if they download coupons, or 'join' it in social media communities. Who'd have imagined that clicking like requires a EULA?"

Submission + - #IoTH: The Internet of Things and Humans

Submitted by Anonymous Coward
An anonymous reader writes: Speculating the future of human computer interaction, Tim O'Reilly contemplates how humans and things cooperate differently when things get smarter. "Rod Smith of IBM and I had a call the other day to prepare for our onstage conversation at O'Reilly's upcoming Solid Conference, and I was surprised to find how much we were in agreement about one idea: so many of the most interesting applications of the Internet of Things involve new ways of thinking about how humans and things cooperate differently when the things get smarter. It really ought to be called the Internet of Things and Humans — #IoTH, not just #IoT!"
Transportation

Mercedes Pooh-Poohs Tesla, Says It Has "Limited Potential" 360

Posted by timothy from the is-it-a-king-george-moment? dept.
cartechboy (2660665) writes "They say you shouldn't bite the hand that feeds you. Maybe it should go you shouldn't trash talk the company you partner with. U.S. head of Mercedes-Benz Steve Cannon was just quoted as saying future service of Tesla's vehicles could be 'limited,' and that while it's great, the market could be more attracted to other luxury automakers once their products hit the market. Cannon also suggests that the current infrastructure isn't up to maintaining and fueling electric vehicles, in particularly Tesla's stores and go-to servicing can't handle high demands. Naturally he said Mercedes has the 'whole network' to put customers minds' at ease. Sounds like fighting words to me. Hey Mercedes, where's your Model S competitor?" There is a reason that Jim Rogers drove around the world in a Mercedes.
Hardware Hacking

Ask Slashdot: Which Router Firmware For Bandwidth Management? 104

Posted by timothy from the but-the-neighbors-will-object dept.
First time accepted submitter DeathByLlama (2813725) writes "Years ago I made the switch from DD-WRT to Tomato firmware for my Linksys router. I lost a couple features, but gained one of the best QoS and bandwidth management systems I have seen on a router to date. Admins can see graphs of current and historical bandwidth usage by IP, set minimum and maximum bandwidth limits by IP range, setup QoS rules, and see and filter graphs and lists of current connections by usage, class or source/destination — all from an elegantly designed GUI. This has allowed me to easily and intelligently allocate and adjust my network's bandwidth; when there is a problem, I can see where it's coming from and create rules around it. I'm currently using the Toastman's VPN Tomato firmware, which has about everything that I would want, except for one key thing: support for ARM-based routers (only Broadcom is supported). I have seen other firmware projects being actively developed in the last few years, so in picking a new 802.11ac router, I need to decide whether Tomato support is a deal-breaker. With solid bandwidth management as a priority, what firmware would you recommend? Stock Asuswrt? Asuswrt-Merlin? OpenWRT? DD-WRT? Tomato? _____?"

Submission + - Mercedes Slams Tesla, Says It Has "Limited Potential" 1

Submitted by cartechboy
cartechboy writes: They say you shouldn't bite the hand that feeds you. Maybe it should go you shouldn't trash talk the company you partner with. U.S. head of Mercedes-Benz, Steve Cannon was just quoted as saying future service of Tesla's vehicles could be "limited," and that while it's great, the market could be more attracted to other luxury automakers once their products hit the market. Cannon also suggests that the current infrastructure isn't up to maintaining and fueling electric vehicles, in particularly Tesla's stores and go-to servicing can't handle high demands. Naturally he said Mercedes has the "whole network" to put customers minds' at ease. Sounds like fighting words to me. Hey Mercedes, where's your Model S competitor?

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