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The Almighty Buck

New Twitter-Based Hedge Fund Beats the Stock Market 209

nonprofiteer writes "Derwent Capital, a new hedge fund that makes trades and investments based on Twitter sentiment, beat the market — and other hedge funds — in its first full month of trading. From the Atlantic: 'Using an algorithm based on the social media mood that day, the hedge fund predicted the market to make the right trades. Sounds unbelievable that something cluttered with mundane musings and media links could have anything smart to say about the market. But it's working so far.' Blind luck?"
Crime

Terrorist Target Mexican Nanotechnology Professors 234

An anonymous reader writes "A Mexican terrorist organization sent an explosive device to an ITESM professor due to his research in nanotechnology. ITS or Individuals with Wild Tendencies in english, is a group that claims to be against the 'nanotechnology revolution' in fear of a nanomachine take over that will mean the end of civilization. The group has published on their website that they plan to target individuals in this research field to ensure the survival of mankind. Mexican authorities are investigating the case."
Image

Russian Scholar Warns Of US Climate Change Weapon Screenshot-sm 415

According to Russian political scientist, and conspiracy aficionado Andrei Areshev the high heat, and poor crop yields of Russia, and other Central Asian countries may be the result of a climate weapon created by the US military. From the article: "... Areshev voiced suspicions about the High-Frequency Active Aural Research Program (HAARP), funded by the US Defense Department and the University of Alaska. HAARP, which has long been the target of conspiracy theorists, analyzes the ionosphere and seeks to develop technologies to improve radio communications, surveillance, and missile detection. Areshev writes, however, that its true aim is to create new weapons of mass destruction 'in order to destabilize environmental and agricultural systems in local countries.'"
NASA

The Sun Unleashes Coronal Mass Ejection At Earth 220

astroengine writes "Yesterday morning, at 08:55 UT, NASA's Solar Dynamics Observatory detected a C3-class flare erupt inside a sunspot cluster. 100,000 kilometers away, deep within the solar atmosphere (the corona), an extended magnetic field filled with cool plasma forming a dark ribbon across the face of the sun (a feature known as a 'filament') erupted at the exact same time. It seems very likely that both eruptions were connected after a powerful shock wave produced by the flare destabilized the filament, causing the eruption. A second solar observatory, the Solar and Heliospheric Observatory, then spotted a huge coronal mass ejection blast into space, straight in the direction of Earth. Solar physicists have calculated that this magnetic bubble filled with energetic particles should hit Earth on August 3, so look out for some intense aurorae — a solar storm is coming."
Star Wars Prequels

George Lucas C&Ds 'Lightsaber Laser' 481

dward90 writes "George Lucas thinks that bulky, handheld lasers shouldn't be produced because they are his intellectual property. From CNN: 'George Lucas wants to force a laser company to stop making a new, high-powered product he says looks too much like the famous lightsaber from his classic sci-fi series. Lucasfilm Ltd. has sent a cease-and-desist letter to Hong Kong-based Wicked Lasers, threatening legal action if it doesn't change its Pro Arctic Laser series or stop selling it altogether.'"
Handhelds

Hands-On Demo Shows Asus E-Reader Tablet In Action 108

MojoKid writes "Mobile computing is making its mark at Computex 2010, with tablet PCs and e-readers of all sorts coming out for the first time as rivals to Apple's iPad. After announcing its Eee Pad tablet PC, Asus offered some hands-on time with its new e-Reader/e-Writer, designed for students and mobile business professionals. The little slate's features include 10-hour battery life, 2,450 dpi resolution touch screen, pen writing and input controls, 2MP camera, USB port, and a MicroSD slot. In addition, Asus also has strong ties with Amazon, so it wouldn't be a reach to see some sort of partnership between Asus and Amazon with the Kindle bookstore as a content provider."
The Courts

Hollywood Nervous About Kagan's Fair Use Views 239

Of the many commentaries and analyses springing up about Obama's Supreme Court nominee, this community might be most interested in one from the Hollywood Reporter. Reader Hugh Pickens notes that Hollywood may have reason to be nervous about the nomination of Elena Kagan to be the next US Supreme Court justice. "As dean of Harvard Law School from 2003 to 2009, Kagan was instrumental in beefing up the school's Berkman Center for Internet & Society by recruiting Lawrence Lessig and others who take a strongly liberal position on fair use in copyright disputes. And Kagan got an opportunity to showcase her feelings on intellectual property when the US Supreme Court asked her, as US Solicitor General, to weigh in on the big Cablevision case. 'After Cablevision announced in 2006 that it would allow subscribers to store TV programs on the cable operator's computer servers instead of on a hard-top box, Hollywood studios went nuts, predicting that the days of licensing on-demand content would be over,' writes Gardner. Kagan's brief compared remote-storage DVRs to VCRs (PDF), brought up the Sony/Betamax case, and lightly slapped Cablevision on the wrist for not making fair use a bigger issue. 'It sounds to us like Kagan would love the Court to determine when customers have a fair-use right to copy, which should cheer those on the copy-left at the EFF, and worry many in the entertainment industry.' On the minus side, Kagan has surrounded herself with entertainment industry advocates in the Justice Department."
Earth

Aral Sea May Recover; Dead Sea Needs a Lifeline 131

An anonymous reader writes "It's a tale of two seas. The drying up of the Aral Sea is considered one of the greatest environmental catastrophes in history, but the northern sector of the sea, at least, is showing signs of life. A dam completed in 2005 has increased the North Aral's span by 20 percent, and birds, fish, and people are all returning to the area. Meanwhile, the Dead Sea is still in the midst of precipitous decline, since too much water is being drawn out of the Jordan River for thirsty populations and crops. To keep the sea from shrinking more, scientists are pushing an ambitious scheme called the 'Red-Dead conduit,' which would channel huge amounts of water from the Red Sea to the Dead Sea. However, the environmental consequences of such a project may be troubling."
Space

Geomagnetic Storm In Progress 110

shogun writes "The National Oceanic and Atmospheric Administration reports a strong geomagnetic storm is in progress. The shuttle, ISS and GPS systems may be affected." They think this storm was caused by a weak solar flare on April 3rd. As you may expect, this has caused some unusually impressive northern lights since it started. What you may not expect is a photograph from Japanese astronaut Soichi Noguchi aboard the International Space Station showing the aurora from orbit. He apparently tweets a lot of pictures from space. He and his crewmates have taken over 100,000 pictures since coming aboard the ISS.

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