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Comment Re:Valuable lesson in currency... (Score 1) 709

If a large fraction of the value of gold was based on it's technical uses, the gold price should be more stable IMHO.

My understanding is that the opposite is actually true. Silver for example has a lot more industrial uses than gold but the market is much more volatile. Admittedly part of the reason is that the silver market is much smaller than the gold market, but another major part has to do with the business cycle.

For example, if there is a huge economic downturn, silver will get hit harder since industrial demand will drop as the economy contracts (i.e. less people buying audio wires). Since there is little industrial gold demand, the price will actually be more stable.

Comment Tablet as Monitor (Score 1) 262

You can currently hook up a tablet to your laptop as a second monitor. My understanding is that depending on the software your using though, it can be a bit laggy. It would be nice if someone decided to design a tablet specifically for use in conjunction with a laptop.

Does anyone know what the best laptop/tablet solution is?

Comment Financial Industry (Score 5, Insightful) 133

From my understanding, programmers making 300 - 400 thousand in the financial industry are typically quantitative analysts or financial engineers with masters degrees or Phds in these fields. Their primary duties are things like modeling complicated financial scenarios or finding statistical anomalies to exploit in high frequency trading. Yes they code their strategies but I don't know if I'd put them in the same category as your typical programmer.

Comment Re:Still can't beat a console. (Score 2, Interesting) 226

This is why I think we may see Apple (even Google) move into the console gaming market. Apple probably won't create a console with bleeding edge hardware to compete with Sony and Microsoft, but what I do see them doing is throwing in decent 3d graphics capabilities into an AppleTV or something similar, and potentially competing with the Wii. I think with Apples app distribution network, it's too good of an opportunity to pass up. And as a side note, look at Gamespot.com. They already have a section for iPhone games.
Google

Google Acquires Metaweb 63

eldavojohn writes "A startup called Metaweb (looks like an ontological, entity-based approach to Web 2.0 tagging) has been acquired by Google. You can find out what they're about from a super marketing fluff video they put together. The neat thing about Metaweb is that the database of entities it has is free. Will Google be able to make Metaweb work on their omniscient scale, or was this just Google making sure a startup doesn't become yet another player in search?"
Space

Iridium Pushes Ahead Satellite Project 80

oxide7 writes "Iridium (IRDM) continues its push into the market for satellite data and telemetry services, as it announced the company that would build its second generation of satellites. Iridium's old network of 66 satellites was designed for voice calls; the new satellites will also be able to handle data more efficiently, and include cameras as well. The company also plans to share the satellite platforms with some scientists for use in studying the Earth."

Comment I would add... (Score 1) 454

IANAL but the U.S. has a court system that can enforce criminal negligence. If Walmart starts selling exploding landmine toys, they can be sued for putting people in danger. Additionally, parents should do the due diligence of investigating the safety of toys before buying them. Do we really need a giant bureaucracy funded by tax payers to literally go through every product sold in the U.S. and go through a rigorous safety inspection? Do you have any idea how much that would cost? Why not just let private safety rating agencies do the job? Or how about buy only American toys made locally? Finally, there's always going to be ignorant parents that don't do their homework. What ever happened to the idea that having kids is a RESPONSIBILITY. Well, be responsible and don't buy cheap Chinese toys from Walmart.
Microsoft

Microsoft Secret Prototype Phone Stolen 249

bossanovalithium writes to tell us that details are emerging about the theft of a top secret prototype mobile device stolen from an executive's pocket. Time to start watching eBay. "There are fears that leaks regarding the features and early bugs in the software could mar the launch of Windows Mobile 6.5 which the company hopes will give it the edge over the iPhone and the new Google Android operating system. The new product includes support for touch-screen technology similar to that found on the Apple iPhone. Among the features offered in the new service unveiled by Microsoft's chief executive, Steve Ballmer, on Tuesday, is a version of Windows Marketplace for Mobiles, which is set to compete with the popular Apple's App Store and provide easy ways to download music and products to mobiles. "
Music

20-Year Copyright Extensions Coming To Europe 268

unlametheweak points out a story at Ars Technica which begins: "After a UK government-led commission said that the current 50-year term for musical copyrights was fine, and the government last year publicly agreed that there was no need to extend the term, culture minister Andy Burnham yesterday made the logical follow-up announcement that yes, the government would now push for a 20-year extension on copyright. Turns out, it's the moral thing to do. Actually, by framing the issue as a 'moral case,' Burnham gets to sidestep the entire issue of logic. Critics have already begun to charge that he is ignoring actual evidence and the well-regarded conclusions of the Gowers Report (PDF), not to mention previous government policy. But when the issue becomes a moral one and the livelihood of aging performers is at stake, it's suddenly easier to avoid cost/benefit analysis."

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