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Submission + - China's Stock Crash: $3.5 Trillion Wiped Out, $2.6 Trillion Frozen (bloomberg.com)

An anonymous reader writes: The stock market crisis going on in China is notable for the huge numbers involved. $3.5 trillion ($3,500,000,000,000) in value has been wiped out by falling prices, and over a thousand companies have forced a pause in trading. The combined value of all of these companies exceeds $2.6 trillion, and it represents about 40% of the total market capitalization. This follows attempts by the exchanges and the government to instill confidence in trading once more, but investors are still wary. The NY Times has a detailed explanation of how the market got into trouble, and why it's not likely to fix itself overnight: "Put all these pieces together, and here’s what we have: a rise in Chinese share prices in the last year that seemed to be driven more by investor psychology than by anything fundamental. It is hard to see how the prices as of a month ago were justified, and easy to see why the sell-off of the last month would occur. That, in turn, implies that Chinese officials are fighting an uphill battle in their policy moves to try to stop the correction, and helps explain why their policy actions have had little effect so far."

Comment Re:Give me battery or give me death (Score 1) 134

My current laptop, a Dell Precision M3800 has it all: light weight, powerful, reasonable (if not fantastic) battery life, 4K screen, and native support for Linux, out of the box but it's hard to figure out what something the same size would be like at 1/4 the weight.

But I'm agreeing with other comments: I'd rather have this exact weight laptop with 3 days of battery life.

A few years back, I bought the phone with the very best battery life and I don't regret it one minute. Now on its third year, the phone still easily powers through a day with 50% or so battery life, and never leaves me high and dry when flying commercially which is when battery life is most important.

My next phone will be the phone with the best battery life Now that I finally have a powerful laptop that isn't also dreadfully heavy, battery life will once again be #1 for my next purchase.

Comment Re:more important question... (Score 2) 104

I don't know how cost of living translates

€144,000 annually is comfortable living by any metric.

What are your choices? Run away and look over your shoulder for years?

Getting deeper into bed with them is not a sensible decision either. It may be necessary in the short term but what's the exit strategy? The most sensible decision would be to avoid putting yourself in the position where you have to make that choice. Failing that, I would personally take my chances with the authorities. Caving to blackmail is never a winning move in the long term.

Comment Re:They are trying to get off... (Score 1) 104

If you don't want to get fleas don't lay down with dogs. The "mob" (a misleading title, given that TFA doesn't mention Cosa Nostra or any other organized crime syndicate....) didn't pick these two at random and hold guns to their head. They got involved with them willingly; one of the two was seeking start up capital for a business venture and quite likely ignored the little voice inside of his head because of greed. An old adage comes to mind, "If it sounds too good to be true....."

Incidentally, the "mob" as traditionally discussed in the United States doesn't tend to go after random citizens. They typically get hooks into their victims because of the victim's own bad judgment. Loansharking, gambling, prostitution, drugs, and so forth. At the street level the vast majority of violent crime is common criminal on common criminal. There aren't too many places in the First World where taxpaying citizens have to really worry about becoming a statistic. Common sense goes a long way....

Robotics

Video Learning Simple Robot Programming With a 'Non-Threatening' Robot Ball (Video) 29

Gobot, it says here, "is a framework for robotics, physical computing, and the Internet of Things, written in the Go programming language." And in today's video, interviewee Adrian Zankich (AKA "Serious Programming Guy at The Hybrid Group") says that an unadorned robot ball -- in this case the Sphero -- is about the least threatening robot you can possibly use to teach entry-level robot programming. Start with Go language? Cylon.js? Use whichever you prefer, Adrian says. Mix and match. It's all fun, and they're both great ways to get into programming for robotics and Internet of Things applications. Open source? You bet. Here's the Hybrid Group's gobot GitHub repository for your perusing pleasure. This (and more) is all in the video, which Tim Lord shot at the recent Solid Conference, where there was a rather high background noise level (but thankfully not high enough to make Adrian hard to understand). And besides the video, there's even more material in the transcript.

Comment Re:They are trying to get off... (Score 2) 104

You've never imagined having a gun to your kids' head, have you?

Read TFA. Specifically these paragraphs:

To his surprise, Adibelli agreed. “If you wanted out, why didn’t you let us know?” he said. Maertens was too scared to bring up the beating and the kidnapping and death threats. “Obviously, you know we’re not in a legal business,” Adibelli added. “So if you talk to anyone, we know where you and your family live.”

Adibelli brought Van De Moere down next and asked him if he wanted out, too. Van De Moere said yes.

There was only one condition of the release: Van De Moere had to give Okul an intensive training session on Linux, the operating system on which Metasploit, the hacking software, is based. A few weeks later, according to police and interviews, he did so over one weekend at a Holiday Inn in Ghent. In November, Van De Moere returned two antennas and had a couple of beers with Okul. That was the last either man would see of the Turks.

Something doesn't jive here. The type of people that are willing to actually hold a gun to your head are not the type of people that are willing to let you walk away simply by giving your notice. I don't doubt that there was some level of intimidation at play but there were apparently limits to how far the bad guys were willing to go. Which begs the question of why these two didn't go to the authorities after they "got out." Perhaps they didn't wish to part with the €25,000 in cash they had previously received?

Comment Re:more important question... (Score 5, Interesting) 104

These two were making €12,000 and €20,000 per month, before their involvement with the criminal element. One of them was seeking start up capital for a business venture and allowed himself to get roped in that way. If you give them the benefit of the doubt the best you can say about them is they were naive. In the worst reading they were greedy and willfully complicit. I suspect reality falls between those two extremes.

AI

NVIDIA Hopes To Sell More Chips By Bringing AI Programming To the Masses 35

jfruh writes: Artificial intelligence typically requires heavy computing power, which can only help manufacturers of specialized chip manufacturers like NVIDIA. That's why the company is pushing its Digits software, which helps users design and experiment with neural networks. Version 2 of digits moves out of the command line and comes with a GUI interface in an attempt to move interest beyond the current academic market; it also makes programming for multichip configurations possible.

Comment Re:It stopped piracy (Score 1) 423

Hey, while we are at it, let's outlaw murder and rape too... Oh wait... What is already illegal?

New York State limits you to carrying no more than seven condoms at a time. It's a bit of common sense legislation; there's no legitimate reason why a non-rapist would need more than seven condoms. :)

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