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Comment: Re:Super tired of these two banks. (Score 4, Insightful) 258

by Aaron B Lingwood (#40084591) Attached to: SEC Calls For Review of Facebook IPO

I'm sick and tired of these banks screwing over the little guy.

I am curious how many 'little guys' actually managed to secure shares in the offering. I would say nil.

The underwriters decide who will receive shares in an IPO and this is done via an application/bid process meaning that friends and large clients of the bank are given priority. It would be a little suspect if all these shares were not issued to funds and the extremely wealthy.

In short, don't fret. This is the 1% fucking with the 1%. I approve of this.

JPMorgan Chase, Goldman Sachs, these companies truly represent the epitome of corporate greed and corruption in america.

Nobody will disagree with you here.

Comment: Re:could this be the end? (Score 1) 258

by Aaron B Lingwood (#40084547) Attached to: SEC Calls For Review of Facebook IPO

if the stock price goes below certain level, will facebook close its doors?

The shareholders could vote to liquidate, sell assets or cease trading. However, Mark Zuckerberg owns greater than 50% of voting shares.

If the stock price goes below a certain level, a possible reaction by Facebook Inc's largest shareholders might be to bail and we could see a second round of shares offered as they try to cash in. This could allow for a takeover which likely wouldn't be good for end users. I would love to see the end-users snap up the shares (and voting rights) forming the world's largest cooperative, but I'm dreaming.

Comment: Re:The search for more money (Score 1) 129

So they'll implement a new protocol: httpSS - twice as secure

You laugh, but...

https://wwws.whitehouse.gov/petitions#!/

https://wwws.safra.com/SafraOfficeBank/

http://wwws.aa.warnerbros.com/journeytothecenteroftheearth2/

https://wwws.loc.gov/readerreg/remote/

Secure browsing has already gone enterprisey with the new WWWS for secure sites

Notice the 3rd link. https:/// is not even configured on this server. Yet we are meant to think it is secure because of the 'wwws'.

Censorship

Government Asks When It Can Shut Down Wireless Communications->

Submitted by
Fluffeh
Fluffeh writes "Around nine months ago, BART Police asked to have wireless communications disabled between Trans Bay Tube Portal and the Balboa Park Station. That was because they knew a public protest was to take place there — and the service to the underground communication system was disabled. This affected not only cellphone signals, but also the radio systems of Police, Fire and Ambulance crews within the underground. This led to an even larger protest at a BART station and many folks filed complaints along with the American Civil Liberties Union and Electronic Frontier Foundation. The FCC responded by launching a probe into the incident with the results being a mixed bag of "To protect citizens!" and "Only in extreme cases.", not to mention the classic "But Terrorists use wireless communications!", but even if the probe doesn't lead to a full proceeding and formal order, the findings may well be used as a guide for many years to come."
Link to Original Source
Earth

Scientists Solve Mystery of Ireland's Moving Boulders

Submitted by
Hugh Pickens writes
Hugh Pickens writes writes "How has a 78-ton boulder traveled 130 meters inland from the sea since 1991? Live Science reports that geologists have puzzled for years over the mysterious boulders that litter the desolate coastline of Ireland's Aran Islands that somehow move on their own when no one is looking. The sizes of the boulders in the formations range "from merely impressive to mind-bogglingly stupendous," writes geoscientist Rónadh Cox. While some researchers contend that only a tsunami could push these stones, new research finds that plain old ocean waves, with the help of some strong storms, do the job with some boulders moving inland at an average rate of nearly 10 feet (3 meters) per decade with one rock moving 3.5 meters vertically and 69 meters horizontally in one year. The team compared modern high-altitude photos of the coastline to a set of meticulous maps from 1839 that identified the location of the boulders' ridges — nearly 100 years after the most recent tsunami to hit the region, which struck in 1755. The Aran cliffs rise nearly vertically out of the Atlantic, leaving very deep water close to the shore. As waves slam into the sheer cliff, that water is abruptly deflected back out toward the oncoming waves. This backflow may amplify subsequent waves resulting an occasional storm wave that is much larger than one would expect. "There's a tendency to attribute the movement of large objects to tsunami," says Cox. "We're saying hold the phone. Big boulders are getting moved by storm waves.""
Apple

Who's cracked iTunes?

Submitted by Invisible Now
Invisible Now writes "I just went through an onerous, repetitive reset of my iTunes account. Like they're panicked about security. Email send back. Strong password reset. A goofy and mandatory three security questions. (My least favorite teacher...really!!?). What happened to the classic favorite pet'sname?
Somethings afoot... Who know's why Apple's panicked?"
Australia

Australian Greens Party Demanding Australia Gets Out of ACTA->

Submitted by
Fluffeh
Fluffeh writes "The Greens have demanded that Australia’s Government cancel its participation in the controversial Anti-Counterfeiting Trade Agreement international treaty in the wake of an expected imminent rejection of the proposal by the European Union and significant and ongoing global protests against a number of its terms expected to harm Internet freedom. Late last week, European Commissioner for the Digital Agenda Neelie Kroes said that ACTA was unlikely to come into effect in Europe, despite the fact that most of the 27 EU states have signed the treaty. Greens Communications Spokesperson Scott Ludlam, who has been a strident critic of ACTA said the “ACTA bandwagon has crashed” and it was “time for Australia to get off”. “I am hoping [DFAT] will take a second look, and conduct a proper analysis on the threats to privacy, cheaper medicine and our economic interests posed by this Agreement.”."
Link to Original Source

Comment: Re:Time for the Judges ruling? (Score 1) 475

Correct me if im wrong, but didn't Microsoft get sued for making there own version of Java also? { Microsoft Java Virtual Machine } Which worked far better then Javas own software IMO.

Microsoft got sued for making their JVM incompatible with Java and still calling it Java. MS Java wasn't Java. It was Java-esque with a subset of Java plus some proprietary stuff.

O Lord, grant that we may always be right, for Thou knowest we will never change our minds.