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Comment Re:Can someone explain how multinationals work? (Score 1) 132

Bludger: Australian slang for someone who lives off government handouts, and who refuses to work.

Wrong, its got nothing to do with handouts, there are plenty of bludgers who are "fully" employed.

A better definition:

Bludger: Someone who deliberately avoids work.

I've known bludgers who will spend more effort avoiding a job than it would have taken to complete it.

Comment Re:Delays destabilize the system (Score 2) 212

Bullshit!

This would be credible if the HFT guys bought everything and waited for a buyer to come along, then sold at a modest profit. This would add liquidity.

But they are not, they only buy when they know there is a real buyer in the market already, so they can get in and out quickly with their profit. As the buyer is already in the market they are not adding any liquidity that is not already there, they are just skimming.

I'm an electronics engineer and have had postgraduate courses on this. Any delay introduced in the feedback loop will tend to destabilize the system. HFT works fine, it provides liquidity to the market, it benefits everyone.

Apple

Submission + - Steve Jobs (1955-2011) (apple.com) 1

akahige writes: Apple co-founder Steve Jobs has lost his battle with cancer. The news has only just broken on Apple's home page, along with this brief announcement: "Apple has lost a visionary and creative genius, and the world has lost an amazing human being. Those of us who have been fortunate enough to know and work with Steve have lost a dear friend and an inspiring mentor. Steve leaves behind a company that only he could have built and his spirit will forever be the foundation of Apple."
Patents

Submission + - Letter to abolish software patents in Australia (softwarefreedom.com.au)

Ben Sturmfels writes: "400 members of the Australian software industry have have signed an open letter, urging their government to abolish software patents. Signatories include free software luminaries Andrew Tridgell and Jonathan Oxer. In 2008 the Australian government began a Review of Patentable Subject Matter. While we missed the 2009 public consultation period, we hope to influence the government's response to the Review, due in February 2011. The letter will be presented to Minister Kim Carr in early August."

Comment Re:quit spreading FUD - try reading the GPL (Score 1) 266

Actually, it CAN be a heavy burden. For a company that is starting to use GPL code, and DOES wish to comply with the GPL, but has not historically distributed source, to their clients, much less, anyone who asks, this can be a significant burden because it lacks the distribution channels to do this professionally.

But by doing what you have done you acknowledge that the heavy burden of GPL compliance was more cost effective than rewriting the code you wanted.

You also now have the benefit of the ongoing GPL improvements to the code you are using, as well, by now having a GPL compliance mechanism in place you can use other GPLed code at no extra cost.

Idle

Submission + - Cutting steel with flaming bacon weapons

Ed Pegg writes: "For Popular Science , Theo Gray demonstrates the Bacon Lance, a flaming meatsword that can cut through steel. Yes, with some ordinary bacon, and some pure oxygen, it's possible to cut through security doors. This comes out right after his profusely illustrated book of science experiments, Mad Science . When he's not working on experiments or his periodic table, Theo's alter-ego is a mild-mannered programmer for Mathematica ."
Businesses

Submission + - Top 10 worst chief executives (pcauthority.com.au)

Slatterz writes: For every great chief executive who inspires staff and makes farsighted business decisions there's usually two or three absolute stinkers who make life miserable for employees and shareholders alike. When you've sat though as many insanely optimistic PowerPoint demonstrations, interviewed management who lie through their teeth or just had to listen to overenthusiastic pitches as we have then an article like this comes as something of a relief.
Intel

Submission + - Intel announces Open Fibre Channel over Ethernet (open-fcoe.org)

sofar writes: "Intel has just announced and released source code for their Open-FCoE project, which creates a transport that allows native Fibre Channel frames to travel over ordinary ethernet cables to any Linux system. This is an extremely interesting development where datacenters can reduce cost and maintenance by reducing the amount of Fibre Channel equipment and cabling while still enjoying the benefits and performance of Fibre Channel equipment. The new standard for channelling fibre channel frames over ethernet is backed by Cisco, Sun, IBM, EMC, Emulex and a variety of others working in the storage field. The timing of this announce makes sense with 10 Gigabit Ethernet becoming more widespread in the datacenter."
Security

Submission + - Intuit admits QuickBooks flaw deletes data on Macs (computerworld.com) 1

Lucas123 writes: "Intuit Inc. warned Mac users today that its version of QuickBooks Pro 2006 and 2007 has an automatic software update flaw that deletes stored files, documents or folders from a desktop's hard drive. Intuit said it has now fixed the flaw and that users should no longer get a warning message when opening up QuickBooks. The company also recommended Mac users back up their entire desktop before opening QuickBooks, or move their files from the desktop to an alternate location to ensure that their data is properly protected from the QuickBooks update flaw."
Microsoft

Submission + - Vista named year's most dissapointing product (pcworld.com)

Shadow7789 writes: No surprise here, but to complete its humiliation, PC Magazine has named Windows Vista the most disappointing product of 2007. From the article:
'Five years in the making and this is the best Microsoft could do?...No wonder so many users are clinging to XP like shipwrecked sailors to a life raft, while others who made the upgrade are switching back. And when the fastest Vista notebook PC World has ever tested is an Apple MacBook Pro, there's something deeply wrong with the universe.'

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