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Comment: Very finance specific (Score 4) 124 124

a 60-year-old entrepreneur who made himself a fortune on Wall Street

The con, sorry, finance industry is one of the few areas where sane thinking only leads to people jumping ship instead of production. In real professions, you'd better know what you are talking about.

I always wonder how anyone with more than a half brain cell can work in the finance industry and still look at himself in the mirror each morning.

Firefox

Firefox 39 Released, Bringing Security Improvements and Social Sharing 166 166

An anonymous reader writes: Today Mozilla announced the release of Firefox 39.0, which brings an number of minor improvements to the open source browser. (Full release notes.) They've integrated Firefox Share with Firefox Hello, which means that users will be able to open video calls through links sent over social media. Internally, the browser dropped support for the insecure SSLv3 and disabled use of RC4 except where explicitly whitelisted. The SafeBrowsing malware detection now works for downloads on OS X and Linux. (Full list of security changes.) The Mac OS X version of Firefox is now running Project Silk, which makes animations and scrolling noticeably smoother. Developers now have access to the powerful Fetch API, which should provide a better interface for grabbing things over a network.
Operating Systems

People Are Obtaining Windows 7 Licenses For the Free Windows 10 Upgrade 172 172

jones_supa writes: Windows 7 has quickly started increasing its market share of desktop operating systems, nearing 61%. If you're wondering why this is happening when Windows 10 is almost here, the reason is this: Windows 10 will be available as a free upgrade for those running Windows 7 and 8, and the new OS will have the exact same hardware requirements as its predecessor, so the majority of PCs should be able to run it just as well. Because Windows 7 was launched in 2009, a license is more affordable than for Windows 8, so many users are switching to this version to take advantage of the Windows 10 free upgrade offer.

+ - MIT's Bitcoin-Inspired 'Enigma' Lets Computers Mine Encrypted Data->

Guy Zyskind writes: On Tuesday, a pair of bitcoin entrepreneurs and the MIT Media Lab revealed a prototype for a system called Enigma, designed to achieve a decades-old goal in data security known as “homomorphic” encryption: A way to encrypt data such that it can be shared with a third party and used in computations without it ever being decrypted. That mathematical trick—which would allow untrusted computers to accurately run computations on sensitive data without putting the data at risk of hacker breaches or surveillance—has only become more urgent in an age when millions of users constantly share their secrets with cloud services ranging from Amazon and Dropbox to Google and Facebook. Now, with bitcoin’s tricks in their arsenal, Enigma’s creators say they can now pull off homomorphically encrypted computations more efficiently than ever.
Link to Original Source

+ - Is Safari the new IE?->

An anonymous reader writes: Software developer Nolan Lawson says Apple's Safari has taken the place of Microsoft's Internet Explorer as the major browser that lags behind all the others. This comes shortly after the Edge Conference, where major players in web technologies got together to discuss the state of the industry and what's ahead. Lawson says Mozilla, Google, Opera, and Microsoft were all in attendance and willing to talk — but not Apple. "It’s hard to get insight into why Apple is behaving this way. They never send anyone to web conferences, their Surfin’ Safari blog is a shadow of its former self, and nobody knows what the next version of Safari will contain until that year’s WWDC. In a sense, Apple is like Santa Claus, descending yearly to give us some much-anticipated presents, with no forewarning about which of our wishes he’ll grant this year. And frankly, the presents have been getting smaller and smaller lately." He argues, "At this point, we in the web community need to come to terms with the fact that Safari has become the new IE. Microsoft is repentant these days, Google is pushing the web as far as it can go, and Mozilla is still being Mozilla. Apple is really the one singer in that barbershop quartet hitting all the sour notes, and it’s time we start talking about it openly instead of tiptoeing around it like we’re going to hurt somebody’s feelings."
Link to Original Source

+ - Apple Loses Ebook Price Fixing Appeal, Must Pay $450 Million->

An anonymous reader writes: A federal appeals court ruled 2-1 today that Apple indeed conspired to with publishers to increase ebook prices. The ruling puts Apple on the hook for the $450 million settlement reached in 2014 with lawyers and attorneys general from 33 states. The Justice Dept. contended that the price-fixing conspiracy raised the price of some e-books from the $10 standard set by Amazon to $13-$15. The one dissenting judge argued that Apple's efforts weren't anti-competitive because Amazon held 90% of the market at the time. Apple is unhappy with the ruling, but they haven't announced plans to take the case further. They said, "While we want to put this behind us, the case is about principles and values. We know we did nothing wrong back in 2010 and are assessing next steps."
Link to Original Source

Comment: Re:bit coin doesn't solve the strategic issue. (Score 3, Insightful) 359 359

What would exiting the Euro actually accomplish?

A lot. First of all, the money system could be in the hands of society instead of the other way around, as it is now. This could change the very definition of money for the Greeks.

The current situation in Europe is that all the nations are under control of the European Central Bank. NOT the other way around, as the ECB is an independent institution. This independent institution however has the power to grab as much money from the nations as they want (through the "stability pact"). Even so, it is just a bank, but with the right to print money.

Now you all know how fiat money is made, right? You have to give (well, promise) a valuable thing to the bank (the "security"), the bank puts in in the books, says "hey, we have an extra amount of money in the books!" and "lends" it out to you. I put the word "lends" between quotes, because it is not lent, but created by this bookkeping fraud. The money never existed before the loan. Off course, holding their laugh, the bank says that they are doing something risky by lending your own value out to you, so they ask usury. In Newspeak: interest. So, basically, you pay the bank to hijack your security.

There is off course a downside to this piramid scheme: the usury that you have to pay extra has never existed and can only be generated by new loans! At some point you are lending so much to pay the usury (thus bringing more and more valuable items to the bank as security!), that loads get refused, and you will have to default or plunder even more resources to give away to the bank. That is where Greece is right now. The Greeks have nothing to loose, as they have been plundered to the bone already.

Now what would happen if society itself (represented by the goverment for example) could issue money? In that case money could become "effort for the greater good of society" instead of "bottomless debt to an independent company". The government could pay "made up" money to people building roads, providing healthcare, etc. That money can then circulate further within society. The difference would not be that the money is made up (it is made up now also), but that money would actually get a real value. Off course, the goverment can always "unmake up" the money with taxes. But hey, taxes can be much lower. Instead of requiring high taxes in bank-debt to pay to road-building companies and to repay it and more to the ECB, the money can become its own tax! You pay in effort to society instead of in bank debt to the bank!

Off course there is a catch: everything depends on how wise the amount of money is chosen to be paid to society. Too little, and society will issue its own currency (and pay in sigarettes, for example). Too much, and nobody will believe the numbers. Vary too fast, and the money will be unreliable. I really wish the Greek goverment a lot of wisdom.

As an aside, if the government prints the money, they can set the rules as well. A ban on usury ("interest"), for example. Or a ban on speculation that is no more than a gambling game. Or even negative interest (some local currencies feature this) to encourage people to keep the money circulating.

All in all, getting control over their own money is the best (and I think the only) option left to Greece.

Google

Google Tests Code Repository Service 44 44

An anonymous reader writes: VentureBeat notes that Google has begun testing an unannounced service to host and edit source code repositories as part of its cloud platform. It's called Cloud Source Repositories, and it's currently being beta-tested. "Google is taking a gradual approach with the new service: It can serve as a 'remote' for Git repositories sitting elsewhere on the Internet or locally. Still, over time the new tool could help Google become more of an all-in-one destination for building and deploying applications."

+ - Judge orders Dutch governemt to finally take action on climate promises->

Errol backfiring writes: Although the Dutch government has promised to make sure carbon emissions are lowered considerably, they have consistently failed to take action on this matter. Dutch climate group Urgenda and Dutch citizens have gone to court to force the government to take action, and the verdict (linked page is in Dutch) is that the government must reduce emissions by al least 25% compared to the 1990 level.

This 25% is seen as the minimum effort needed to keep the people safe from climate change dangers. 25% to 40% is the norm in international climate policy.

The verdict is also important for similar climate groups in other countries.

Link to Original Source

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