cmd writes "The Wall Street Journal reports that Google News crawled an obscure reprint of an article from 2002 when United Airlines was on the brink of bankruptcy. United Airlines has since recovered but due to a missing dateline, Google News ran the story as today's news. The story was then picked up by other news aggregators and eventually headlined as a news flash on Bloomberg. This triggered automated trading programs to dump UAL, cratering the stock from $12 to $3 and evaporating 1.14 billion dollars (nearly United's total market cap today) in shareholder wealth. The stock recovered within the day to $10 and is now trading at $9.62, a market cap of $300M less than before Google ran the story." The article makes clear that Google's news bot only noticed the old story because it has been voted up in popularity on the site of the South Florida Sun-Sentinel newspaper. The original thought was that stock manipulation may have been behind the incident, but this suspicion seems to be fading.

Nick writes "A few weeks ago a video of a talk given by Adam Savage of the television show MythBusters spread across the internet (including a mention on Slashdot.) On the video, Savage stated that the show was unable to produce an episode about previously known RFID vulnerabilities due to a conference call to Texas Instruments that unexpectedly included several credit card companies' legal counsel. TI (via a spokesperson talking with cnet.com) stated that only one lawyer was on the call and that the majority of the people on the call were product managers from the Smart Card Alliance (SCA) invited by TI to speak. Then Savage (via a Discovery Communications statement) reaffirmed that he was not on the call himself and that the decision was not made by Discovery or their advertising sales department but rather MythBuster's production company, Beyond Productions."

Ned Nederlander writes "Vint Cerf talks the future of the Internet with Ed Cone: 'I expect to see much more interesting interactions, including the possibility of haptic interactions — touch. Not just touch screens, but the ability to remotely interact with things. Little robots, for example, that are instantiations of you, and are remotely operated, giving you what is called telepresence. It's a step well beyond the kind of video telepresence we are accustomed to seeing today.'"

schliz writes "Samsung expects Sony's Blu-ray technology to be superseded within five years, despite winning the high-definition format war in February." Maybe that means five years from now will be the perfect time to stock up on cheap Blu-ray disks and equipment.

Death Metal Maniac writes "Dubbed Eva de Naharon, or Eve of Naharon, the female skeleton has been dated at 13,600 years old. If that age is accurate, the skeleton along with three others found in underwater caves along the Caribbean coast of the Yucatán Peninsula could provide new clues to how the Americas were first populated. The skeletons' skulls hint that the people may not be of northern Asian descent, which would contradict the dominant theory of New World settlement. 'The shape of the skulls has led us to believe that Eva and the others have more of an affinity with people from South Asia than North Asia,' González explained."

An anonymous reader writes "Major Internet companies say that they inform their customers about privacy issues through specially written policies. What they don't say is that more often than not consumers would need college undergraduate educations or higher to easily wade through the verbiage. BNET looked at 20-some-odd privacy policies from Internet companies that received letters from the House about privacy practices. The easiest to read policy came from Yahoo, at a roughly 12th grade level. Most difficult? Insight Communications, which at a level of over 20 years of eduction officially puts it onto IRS Code territory."

Ainsy writes "A friend of mine recently began a placement as an English pronunciation teacher in China. She has picked up a pay-as-you go sim for use over there, only to discover that China seems to have been almost completely overlooked by international communications agreements, specifically from the UK. A bit of snooping tells me that Vodafone is the only network from which it is possible to send SMS to a Chinese registered mobile phone. SMS in China is upscaling massively, and is incredibly cheap currently — even 'premium' SMS info services cost 1 Yuan (that's just £0.081 GBP). I'm curious why such a large section of the world market is cut off from the west's wireless communication networks especially with the recent Olympics putting the spotlight on the nation in general. China mobile is the world's largest carrier ranked by subscriber base (415 million) and isn't even the only carrier to operate in China). There are a few websites around from which SMS can be sent to China for a fee but this is of only limited use when on the move. Can anyone tell me why this situation has come about and when we can expect this sort of service to be enabled?"

Jamie pointed out a fantastic set of photos up at The Boston Globe, illustrating the painstaking preparations underway for the Shuttle mission to rescue the Hubble telescope. "This will be the final servicing mission to Hubble, the 30th flight of the 23-year old Atlantis, and one of the final 10 flights of the Space Shuttle program, which will be retired in 2010." Refreshingly, they've decided to include a many of the behind-the-scenes techies and the equipment they steward, rather than just the launch vehicles and crew.

snydeq writes "Consuming twice as much RAM as Firefox and saturating the CPU with nearly six times as many execution threads, Microsoft's latest beta release of Internet Explorer 8 is in fact more demanding on your PC than Windows XP itself, research firm Devil Mountain Software found in performance tests. According to the firm, which operates a community-based testing network, IE8 Beta 2 consumed 380MB of RAM and spawned 171 concurrent threads during a multi-tab browsing test of popular Web destinations. InfoWorld's Randall Kennedy speculates that Microsoft may be designing IE8 for the multicore future. But until your machine sports four or eight discrete processing cores, IE8 will remain 'porcine,' Devil Mountain's Craig Barth says."