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The Almighty Buck

$700 Billion Bailout Signed Into Law 857

Many readers reminded us of what no-one can have failed to hear: that the Congress passed and the President signed a $700B bailout bill in an attempt to avert the meltdown of the US economy. The bill allocates $700 billion to the Treasury Department for the purchase of so-called "toxic assets" that have been weighing down Wall Street balance sheets. This isn't particularly a tech story, though tech will be affected as will virtually all parts of the economy, and not just in the US. Among the $110B in so-called pork added to the bill to sway reluctant legislators are extensions of popular tax benefits for business R&D and alternative energy, relief for the growing pool of people subject to the alternative minimum tax, and a provision raising the FDIC's ceiling of guaranteed deposits to $250,000. Some limits were also imposed on executive compensation, though it's unclear whether they will be effective.

Comment Re:What the problem with Gmail? (Score 1) 489

My school system put every 6th grader through a few very brief typing lessons until they showed demonstrated some very basic skills. It's only grown more important to be able to type since then, so it's not that surprising there are classes for it.

As for the e-mail though, I'd suggest a gmail account. The filters are likely as good as any, and with the kid being in 7th grade (and not 5 years old, he really needs to learn to be prudent when online.

Help him pick out an address designed to be less likely to receive spam (as discussed here), and teach him not to broadcast his address to every corner of the internet. That includes not registering for an account on every website he might come across, and probably keeping it 'private' on any sites he might have an account on.

The most important part though is that no email solution will get rid of 100% of the spam that he'll get. You'll need to teach him the appropriate response. Spam represents the 'bad neighborhoods' of the internet, be it porn (or "male enhancement"!) or phishing attacks or virus-ridden something else. The lessons you teach him will have a significantly greater affect on what ends up in his inbox than whether you use gmail, yahoo mail (don't), or a supposedly kid-safe alternative.

Feed Engadget: Probe finds one-third of people shot by Tasers need medical attention (engadget.com)

Filed under: Misc. Gadgets

While the last Taser study we came across found that the devices were safe and caused only a few trips to the hospital, a joint investigation by CBC News and the Canadian Press has now turned up some decidedly different findings, with about one-third of people shot by Tasers reportedly requiring some form of medical attention. Those numbers were drawn from the Taser-use forms that RCMP officers are required to fill out whenever they draw the device, which revealed that 910 of the 3,226 people shot between 2002 and 2007 had to go to a medical facility, and that "many more" people had minor injuries but never saw a doctor. Needless to say, we somehow suspect this won't be the last such investigation or study on the matter, especially with the lawsuits flying fast and furiously these days.

[Via Digg]Read|Permalink|Email this|Comments


Censorship

Submission + - Sandvine CEO says Internet monitoring a necessity

Khalid Baheyeldin writes: "In an interview with the Canadian CBC, Sandvine CEO Dave Caputo says, among other things, that internet monitoring is a necessity.

Slashdotters may not know who Sandvine is, until they realize that it is the Waterloo, Ontario based company that provides the technology for Comcast and other ISPs the ability to send RST packets for torrents."
Music

Submission + - Gene Simmons blames fans, P2P for killing music

vleonty writes: Gene Simmons stated, "The record industry is dead. It's six feet underground and unfortunately the fans have done this. They've decided to download and file share. There is no record industry around so we're going to wait until everybody settles down and becomes civilised. As soon as the record industry pops its head up we'll record new material." Simmons also slammed Radiohead for putting up their album for download giving fan's the option to pay what they wanted.
Security

Man Fired When Laptop Malware Downloaded Porn 635

Geoffrey.landis writes "The Massachusetts Department of Industrial Accidents fired worker Michael Fiola and initiated procedures to prosecute him for child pornography when they determined that internet temporary files on his laptop computer contained child porn. According to Fiola, 'My boss called me into his office at 9 a.m. The director of the Department of Industrial Accidents, my immediate supervisor, and the personnel director were there. They handed me a letter and said, "You are being fired for a violation of the computer usage policy. You have pornography on your computer. You're fired. Clean out your desk. Let's go."' Fiola said, 'They wouldn't talk to me. They said, "We've been advised by our attorney not to talk to you."' However, prosecutors dropped the case when a state investigation of his computer determined there was insufficient evidence to prove he had downloaded the files. Computer forensic analyst Tami Loehrs, who spent a month dissecting the computer for the defense, explained in a 30-page report that the laptop was running corrupted virus-protection software, and Fiola was hit by spammers and crackers bombarding its memory with images of incest and pre-teen porn not visible to the naked eye. The virus protection and software update functions on the laptop had been disabled, and apparently the laptop was 'crippled' by malware. According to Loehrs, 'When they gave him this laptop, it had belonged to another user, and they changed the user name for him, but forgot to change the SMS user name, so SMS was trying to connect to a user that no longer existed ... It was set up to do all of its security updates via the server, and none of that was happening because he was out in the field.' A malware script on the machine surfed foreign sites at a rate of up to 40 per minute whenever the machine was within range of a wireless site."
United States

Submission + - US Government Wants Your Fingerprints, Again (openmarket.org) 2

tjstork writes: "Never put it past the government to use any crisis to try and get more power. Just like the previously conjured crises of the Red Scare, Civil Rights Protests, the War on Drugs, the Environment, the War on Terror, the first signs are coming that the US Mortgage crisis is being used as another way to smash the rights of the people of the people be secure in their freedom. The US Senate has just passed through committee a provision which would require everyone connected with the housing industry to be fingerprinted.

Read the article here

Spare your political thunder — this is a bipartisan move. The introduced law passed nearly unanimously. America has to be safe from evil people in the housing market, at any price, and your friends in the government are going to protect you from everyone, just as much as it will protect everyone from you!"

Censorship

Submission + - China to US: 'We Like Our Censorship Thanks.'

cynagh0st writes: A Pew Internet & American Life Project report indicates that of an overwhelming majority of Chinese people that believed the internet should be "managed or controlled," 85% want the government to do this managing. This is resulting from surveys on internet use over the last 7 years in China. 'The survey findings discussed here, drawn from a broad-based sample of urban Chinese internet users and non-users alike, indicate a degree of comfort and even approval of the notion that the government authorities should control and manage the content available on the internet.' The report goes further into describing the divide in perspective between China and Western Nations on the matter and discusses the PRC's justifications for internet control.

Comment Re:This CAN be stopped (Score 1) 424

Yeah, because I always read forums AFTER I buy something and BEFORE I rip open the box. Come on, when was the last time you bought something, and then did research on it? Me, I figure out whether I want something or not (may involve research, may involve impulses), buy it, and then immediately rip it open and install it.

Feed Engadget: Chiptune musician releases album on NES cartridge (engadget.com)

Filed under: Misc. Gadgets, Gaming

As far as music distribution methods go, "chiptune" musician Alex Mauer's latest approach may not be the most practical, but it's certainly guaranteed to warm the hearts of his target audience (and no doubt many an Engadget reader as well). Staying true to the 8-bit nature of the tunes, Mauer's gone all out and actually stuffed his new "Vegavox" album onto an NES cartridge, which can be yours for €22 (or just under $30). Just pair it with an nPod or other portable NES and you can pretend for a minute that cartridges actually became as widely popular as you once imagined they would be -- or was that just us?

[Via Digg]

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Office Depot Featured Gadget: Xbox 360 Platinum System Packs the power to bring games to life!


Feed Engadget: Taiwan switching to LED traffic lights (engadget.com)

Filed under: Transportation

Taiwan, always known to one-up the global marketplace when it comes to traffic control and street lighting, has announced that within the next three years all of its traffic lights will become LED based. The country's Ministry of Economic Affairs (MOEA) has budgeted roughly NT$229 million ($7 million) for the project, which is set to begin in 2008, and will convert 420,000 traffic lights to the LED standard (350,000 have already been changed over). The MOEA claims the total savings in power consumption will be close to 85%. After the sweeping reform of its traffic signals, Taiwan will invest another NT$130 million to swap its street lights out for LED-based models. Nations of the world, the gauntlet has been thrown down.

[Via Digg]

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Office Depot Featured Gadget: Xbox 360 Platinum System Packs the power to bring games to life!


The Internet

Submission + - Thoof reviewed by Read/Write Web (readwriteweb.com)

Sanity writes: "New social news website Thoof is reviewed by Josh Catone of Read/Write Web. "It's a bit like Digg meets Findory with a wiki flavor ... Thoof relies on a story personalization algorithm to analyze the links you've clicked and attempts to deliver links based on your interests." In addition to the collaborative filtering aspect, the site is also different in that users can propose changes to stories which other users can vote on before they are applied. This means that rather than just complaining about poorly written story summaries, users can just fix whatever problems they see."

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