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Comment: Re:So was it illegal? (Score 2) 309

by Fnord666 (#49525329) Attached to: Futures Trader Arrested For Causing 2010 'Flash Crash'

A HFT trader uses his knowledge of market conditions (ie: Royal Bank of Canada just placed a major buy order for GM that will jack up the price) to profit. He doesn't try to change the price of anything, he just uses his superior knowledge of what the price is going to do to make a buck.

So how is that not considered insider trading? Or is the GM buy order public knowledge but most people don't have the ability to take advantage of it during the millisecond window?

Comment: Re:What the hell is going on a the USPTO? (Score 2) 58

by Fnord666 (#49453191) Attached to: After EFF Effort, Infamous "Podcasting Patent" Invalidated

Perhaps better than the IPR mechanism would be an appeals process by which anyone can make an 'obviousness' challenge to any patent approved by the rank and file PTO staff to a higher-level and more technical board that must review the patent before it's actually enforceable.

As soon as you create this process someone will build a system that automatically submits an appeal for every patent issued and we end up worse off than before.

Comment: Re:No one ever got fired for buying IBM (Score 1) 232

by Fnord666 (#49378757) Attached to: Why You Should Choose Boring Technology

somebody else can do it - somebody who isn't trying to make a product that will last. Startup type people who will bang something out and then, if it proves successful, rewrite it in boring technologies anyway.

Startup types will use whatever technology lets them shortcut their way to being first to market. Once it's up and running they move on to the next startup and leave it to the new owners to figure out how to implement it using a boring technology that will actually scale and be a viable business.

Comment: Re:It makes sense (Score 1) 193

Oh, horseshit ... what's the waiting list for a Harley Davidson?

Uh, none? Maybe you're thinking of HD from 2003 or so. These days their showrooms are full of bikes with some still left over from last year. Want a particular model/color? There's usually 3 dealerships within 50 miles that have it in stock and will discount from MSRP to sell it to you.

Comment: Re:Are the CAs that do this revoked? (Score 2) 139

by Fnord666 (#49332347) Attached to: Chinese CA Issues Certificates To Impersonate Google

In the meantime, you can always delete the trust yourself. Open your Browsers Certificate List ("Options, Advanced, Certificates, View Certificates" in Firefox), find CNNIC's certs (there are two in Firefox - "CNNIC ROOT" and "China Internet Network Information Center EV Certificates Root") and either delete them altogether or edit the trust and remove the ability to sign websites.

What happens the next time there's an update to firefox?

Comment: Patent or Patent Application? (Score 1) 126

by Fnord666 (#49325117) Attached to: Boeing Patents <em>Star Wars</em> Style Force Field Technology
Is this an actual patent or just a patent application? TFA doesn't seem to be very clear about that point, although they do say

While Boeing may been granted the patent, it's unclear how long it will be before the company deploys the real-life force fields.

This makes me think that this is just a patent application.

Comment: Re:Prototype (Score 2) 126

by Fnord666 (#49325083) Attached to: Boeing Patents <em>Star Wars</em> Style Force Field Technology

I'm pretty sure the plume of molten copper of an RPG couldn't give a crap about a shockwave.

Actually I believe it does. Thats the whole principle behind reactive armor. My understanding is that the detonation of the armor produces a counter shockwave that disrupts the precisely shaped detonation of the warhead and the plume ends up splashing rather than boring through.

The greatest productive force is human selfishness. -- Robert Heinlein

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