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Submission + - Apple Stock falls 3-4% after "Nude Celeb Scandal" (businessinsider.com)

retroworks writes: Both the Wall Street Journal (paywall http://blogs.wsj.com/moneybeat...), USA

Today, and Business Insider are all running stories about the big dip in Apple stock, close to the eve of the iPhone 6 rollout. Huffington Post's Headline is "Apple Stock Getting Killed" http://www.huffingtonpost.com/...

There are two different explanations given for the tanking Apple stock. To be sure, potential liabilities over The iCloud photo scandal and leaked celebrity nude photos gets its share of the blame. But and a note from Pacific Crest analyst Andy Hargreaves telling investors to sell Apple shares seems to carry more weight.

"Last week, the company was flying high as anticipation built for the iPhone 6, and the iWatch, which are expected to be announced next week. The stock was hitting new all-time highs...It all came to a screeching halt over the weekend for Apple, when nude photos of celebrities hit the web. Apple's weak security on iCloud, where the photos were backed up, was blamed for the photos hitting the web."

Apple's new mobile payments feature, as well as health tracking data tied to the iPhone, may feel the pinch from the data security breach (although most of that data is likely to be stored right on the phone, not in the iCloud, BusinessInsider points out). Pacific Crest's Hargreaves says, "We recommend taking profits in Apple."

Comment Re:It could be illegal. (Score 1) 136

There's not law that does what he says, so it's kind of a moot point!

And when it comes down to it, county commissioners, city planners, zoning officials, etc are neither bound by the availability of plans or the lack of plans. If anti-development commissioners are elected, they can vote against expansive development all they want, completely regardless of sea level rise estimates.

FWIW, I would be an anti-development commissioner!

Comment Re:It could be illegal. (Score 1) 136

Reference for where the state "bann[ed] any such consideration or planning for the future"? Not to a biased media source with no sources, please.

You're absolutely right. Things are always--necessarily--better when they are centrally decided and mandated. Fireproofing is an excellent example. Thank goodness for codes that required asbestos, Tris, and polybrominated diphenyl ethers. Too bad those contrarians just want to stand in the way of progress.

Comment Re:It could be illegal. (Score 1) 136

Talk about a biased article. I am NOT saying I agree entirely with what happened, but the reality is that there was a moratorium on relying on the previous (2010) sea level report which predicted 39 inches of sea level rise. New standards for prediction are to be decided upon by 2016. The new standards do not look past 30 years.

I personally do not believe that any climate predictions we have right now are worth shit 30 years out, so I don't have a problem with this.

The NC coast, being surrounded for the most part by outer banks (as opposed to sea islands) are an interesting case. Erosion has long been a problem, and will continue to be a problem. I dare say a bigger problem than sea level rise.

Oh well, I guess we'll see in thirty years!

Submission + - How Big Telecom Smothers Municipal Broadband

Rick Zeman writes: The Center for Public Integrity has a comprehensive article showing how Big Telecom (aka, AT&T, Comcast, Charter, Time Warner) use lobbyists, paid-for politicians, and lawsuits (both actual and the threat thereof) in their efforts to kill municipal broadband. From the article: "The companies have also used traditional campaign tactics such as newspaper ads, push polls, direct mail and door-to-door canvassing to block municipal networks. And they’ve tried to undermine the appetite for municipal broadband by paying for research from think tanks and front groups to portray the networks as unreliable and costly. " Unfortunately, those think tanks and front groups are also paid for by the companies.

Submission + - The downside of police having cameras 3

Presto Vivace writes: Why do we object to people wearing Google Glass but call for police to be equiped with cameras? True wearing a camera would make it more difficult for officers to lie (unless the camera accidentaly breaks). But just as Google Glass picks up everything — so would a police offier's camera. Do we want that?

Submission + - Australian Bureau of Meteorology accused of Criminally Adjusted Global Warming (breitbart.com)

marcgvky writes: The Australian Bureau of Meteorology has been caught red-handed manipulating temperature data to show "global warming" where none actually exists.

At Amberley, Queensland, for example, the data at a weather station showing 1 degree Celsius cooling per century was "homogenized" (adjusted) by the Bureau so that it instead showed a 2.5 degrees warming per century.

Submission + - Cause of global warming 'hiatus' found deep in the Atlantic (washington.edu) 2

vinces99 writes: Following rapid warming in the late 20th century, this century has so far seen surprisingly little increase in the average temperature at the Earth’s surface. More than a dozen theories have now been proposed for the so-called global warming hiatus, ranging from air pollution to volcanoes to sunspots. New research from the University of Washington shows the heat absent from the surface is plunging deep in the north and south Atlantic Ocean, and is part of a naturally occurring cycle. The study is published Aug. 22 in Science.

Subsurface ocean warming explains why global average air temperatures have flatlined since 1999, despite greenhouse gases trapping more solar heat at the Earth’s surface. “Every week there’s a new explanation of the hiatus,” said corresponding author Ka-Kit Tung, a UW professor of applied mathematics and adjunct faculty member in atmospheric sciences. “Many of the earlier papers had necessarily focused on symptoms at the surface of the Earth, where we see many different and related phenomena. We looked at observations in the ocean to try to find the underlying cause.”

What they found is that a slow-moving current in the Atlantic, which carries heat between the two poles, sped up earlier this century to draw heat down almost a mile (1,500 meters). Most previous studies focused on shorter-term variability or particles that could block incoming sunlight, but they could not explain the massive amount of heat missing for more than a decade.

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