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.

slatterz writes "The computer mouse is set to die out in the next five years and will be usurped by touch screens and facial recognition, analysts believe. Steven Prentice, vice president and Gartner Fellow, told the BBC that devices such as Nintendo's MotionPlus for the Wii and Apple's iPhone point the way to the future, offering greater accuracy in motion detection."

jamie found the news that Tesla Motors is delivering roadsters in California. (We've been following developments on the Tesla front for a couple of years now.) According to a letter from the CEO, "9 production Roadsters have arrived in California, another 3 arrive this weekend, and they will keep arriving at the rate of 4 per week... In fact, currently there are 27 Roadsters in various stages of assembly." The early owners must be proud, but there could be complications.

jlmcgraw was the first to alert us that Hans Reiser has led police to the location in the Oakland Hills where he buried the body of his wife Nina. (We discussed the rumor that he would do so last month.) SFGate.com reports that remains were recovered but have not yet been identified. Reiser is to be sentenced on Wednesday. CBS5 claims that Reiser made a deal for a reduced sentence, to 15 years, in exchange for revealing the body.

psyopper writes "Google will have to turn over every record of every video watched by YouTube users, including users' names and IP addresses, to Viacom, which is suing Google for allowing clips of its copyright videos to appear on YouTube, a judge ruled Wednesday. Although Google argued that turning over the data would invade its users' privacy, the judge's ruling (.pdf) described that argument as 'speculative' and ordered Google to turn over the logs on a set of four terabyte hard drives." Update: 07/03 18:05 GMT by T : Brian Aker, now of MySQL but long ago Slashdot's "database thug," writes a journal entry on how companies could intelligently treat such potentially sensitive user data.

An anonymous reader submits news of Netgear's release of the "open source Wireless-G Router (model WGR614L), enabling Linux developers and enthusiasts to create firmware for specialized applications, and supported by a dedicated open source community. The router supports the most popular open source firmware; Tomato and DD-WRT are available on WGR614L, making it easier for users to develop a wide variety of applications. The router is targeted at people who want custom firmware on their router without worrying about issues, and enjoy the benefits of having an open source wireless router."

mjasay writes "CNET is reporting that on Monday Orbitz will announce the creation and release of two open-source projects, Extremely Reusable Monitoring API (ERMA) and Graphite, both 'part of a Complex Event Processing system designed to monitor large distributed applications, analyze the data that is gathered and display that data in real-time graphs.' Though there were hints of these projects at JavaOne earlier this year, Monday's announcement adds significant context to the work Orbitz has done to create two highly compelling open-source projects, whose applicability extends far beyond the travel industry. In particular, it highlights Red Hat CEO Jim Whitehurst's vision that enterprise IT needs to open up and collaborate. However, as Orbitz's development team notes, it's easier said than done to participate in open source, especially when creating projects rather than simply contributing to existing projects."

We discussed the Galaxy Zoo project soon after it launched last summer. Science News is now following developments about an odd celestial object that is fueling a lot of excitement among astronomers around the world. In August, a Dutch schoolteacher named Hanny, in the process of characterizing galaxy images, noticed a peculiar object and posted a query about it on the Galaxy Zoo blog. She called it a "Voorwerp," which Science News says is Dutch for "thing" but which Google translates as "subject." Hanny's Voorwerp emits mostly green light (the earlier report said blue). The best guess astronomers have now is that the Voorwerp is emitting "ghost light," i.e. it is "lit by the ultraviolet light and X-rays from a quasar that has vanished in the last 100,000 years," to quote astronomer Bill Keel. "As far as we can tell, it's an unprecedented thing," Keel added. Researchers are scrambling to book time on the Hubble and other major telescopes to get a closer look.

superglaze writes in to note that according to Nokia's software chief, its plans for open source include getting developers to accept things like DRM, commercial IP rights, and SIM locks. "Jaaksi admitted that concepts like these 'go against the open-source philosophy,' but said they were necessary components of the current mobile industry. 'Why do we need closed vehicles? We do,' he said. 'Some of these things harm the industry but they're here [as things stand]. These are touchy, emotional issues, but this dialogue is very much needed. As an industry, we plan to use open-source technologies, but we are not yet ready to play by the rules; but this needs to work the other way round too.'"

gadzook33 writes "CNN is reporting that oil billionaire T. Boone Pickens is planning to invest billions of dollars in what will probably be the world's largest wind farm. It will eventually generate 4 gigawatts, enough to power 1.3 million homes. The first 600 GE wind turbines are scheduled for delivery in 2010. Pickens says that each turbine will generate about $20,000 in income annually for the landowner who hosts it."

techmuse writes "Comcast is considering the imposition of bandwidth caps and reductions in network bandwidth to customers who, while paying for the use of a certain amount of bandwidth, dare to actually use it! Gizmodo has more on the subject." Reader Acererak points out that it would take some pretty heavy usage (by current standards) to hit the cap described. Bear in mind, too, that these reports are based on the word of an unnamed "insider," rather than an officially announced policy.

Lucas123 writes "David Roberson, general manager of Hewlett-Packard's StorageWorks division, predicts that by 2013 the storage industry will be shipping a yottabyte (a billion gigabytes) of storage capacity annually. Roberson made the comment in conjunction with HP introducing a new rack system that clusters together four blade servers and three storage arrays with 820TB of capacity. Many vendors are moving toward this kind of platform, including IBM, with its recent acquisition of Israeli startup XIV, according to Enterprise Strategy Group analyst Mark Peters."

I Don't Believe in Imaginary Property writes "Taser International recently started a legal campaign against medical examiners who claimed tasers contributed to the cause of death for several people. On Friday, an Ohio judge ruled in favor of the stun gun manufacturer (free registration may be required). While they do have a number of scientific studies on which they establish their claims, it's interesting that the alternate cause of death they champion — excited delirium — appears only in police reports on the deaths of difficult or drug-addled inmates, not in medical textbooks. Of course, that may change soon — Taser is funding and promoting research on the subject. Coroner reports such as the ones in this case contributed to the UN's opinion that taser use is torture."